Sear’s Bankruptcy, Who Gets the Real Estate, and How the Pension Fund Got Hung Out to Dry Invade Mnuchin’s Senate Confirmation Hearing by Wolf Richter • Jan 20, 2017 • 94 Comments “You were a Director at Sears for 12 years where you had oversight over the administration and investment in the pension fund.”
Toshiba Shares Re-Collapse – the US Fiasco by Wolf Richter • Jan 19, 2017 • 22 Comments It would be comic if the facts behind it weren’t so ugly.
Another Retailer Goes Bankrupt, Shutters Stores, While Tiffany Blames Trump Tower for US Holiday Sales Debacle by Wolf Richter • Jan 17, 2017 • 56 Comments And American Apparel shuts down.
How Trump Could Unwittingly Gut Boeing’s Global Business by Wolf Richter • Jan 16, 2017 • 94 Comments Other US companies are equally vulnerable.
Surge in Consumer Confidence Turns to “Dismal” Retail Sales beyond Autos, Gasoline by Wolf Richter • Jan 13, 2017 • 103 Comments Pundits sent back to the drawing board.
For How Long Did Fiat-Chrysler Hide its EPA Diesel Fiasco? Investors Found out the Hard Way Today by Wolf Richter • Jan 12, 2017 • 70 Comments Just days ago, CEO Marchionne tried to soften up Trump.
Bitcoin Collapses, Chinese Latecomers Get Fleeced by Wolf Richter • Jan 12, 2017 • 104 Comments “Capital flight” takes on a bitterly ironic meaning.
Boeing: Three More Waves of Layoffs in 2017, as Orders Collapse to 7-Year Low. Shares Near All-Time High by Wolf Richter • Jan 10, 2017 • 43 Comments That Great Global Economy.
What’s Going on with the Banks? Citi Cuts Goldman to “Sell,” after Goldman Cut Citi to “Neutral” by Wolf Richter • Jan 10, 2017 • 18 Comments Circular firing squad? But bank stocks have soared for three months.
What 1 Million US Jobs? Dreading a Trade War, China Sends Alibaba’s Jack Ma to Trump for some Fence Mending by Wolf Richter • Jan 9, 2017 • 71 Comments Carrot and Stick. Now a friendly chat among billionaires who presumably see eye-to-eye.