It Just Doesn’t Let Up with Wells Fargo by Wolf Richter • Jul 29, 2017 • 90 Comments New scandal: another 570,000 (800,000?) customers become victims.
P&G Slashed Digital Ad Spending. This is What Happened Next by Wolf Richter • Jul 28, 2017 • 131 Comments Procter & Gamble got tired of feeding an opaque, slimy industry of bots and fake clicks.
Markets Relax Merrily on a Powerful Time Bomb by Wolf Richter • Jul 27, 2017 • 59 Comments Magnitude is unknown but huge. Brokerages push it to new heights.
“Junk Equity” Comes to Haunt $30-billion Startup by Wolf Richter • Jul 26, 2017 • 53 Comments Snap Inc. tried to turn Big Investors into zombies. It didn’t work.
Risk has been Abolished, According to Institutional Investors by Wolf Richter • Jul 26, 2017 • 47 Comments Why? Wall Street sells “more financial products and generates more profits when investors are bullish.”
As Sales Plunge, GM Might Cancel Six Car Models by Wolf Richter • Jul 20, 2017 • 157 Comments Carmageddon: Discussions with the UAW have started. Entire plants at risk.
Bank of America Pulls Ripcord on Chinese Conglomerate HNA. by Wolf Richter • Jul 20, 2017 • 53 Comments Are these Conglomerates the Black Swan in China?
Another Former $2-Billion Startup Gets Rolled Up by Wolf Richter • Jul 19, 2017 • 68 Comments Investors who bought the hype are left holding the bag.
Harley-Davidson Spirals Down, Announces US Layoffs, Builds Factory in Thailand by Wolf Richter • Jul 18, 2017 • 133 Comments Trying to manage a structural decline in a terrible industry.
Is California Bailing Out Tesla through the Backdoor? by Wolf Richter • Jul 16, 2017 • 160 Comments Tesla will lose federal subsidies; so something big needs to be done.
