The Chilling Thing Hertz Just Said about the US Auto Boom by Wolf Richter • Nov 9, 2016 • 32 Comments Icahn gets totally crushed by Hertz, goes for More Pain.
Despite what Everyone Thinks, Biggest Threat to Mexico’s Economy isn’t Trump but Pemex by Don Quijones • Nov 6, 2016 • 22 Comments Mexico could face its worst fiscal and financial crisis in decades.
Come on Moody’s, Spare us these Falsehoods: That $1.3 Trillion “Overseas Cash” is Already in the US by Wolf Richter • Nov 5, 2016 • 81 Comments Some falsehoods simply refuse to die no matter how many times they get stabbed in the heart.
What the Heck’s Wrong with This Market? Biggest IPO of the Year Sags to New Low by Wolf Richter • Nov 4, 2016 • 48 Comments Hot air keeps hissing out of it.
“More than a Dozen” Drugmakers under Criminal Investigation for Price-Fixing, Shares Plunge, after Getting Crushed All Year by Wolf Richter • Nov 4, 2016 • 56 Comments Now the drug makers are struggling with their response.
How PE Firms Are Flipping Drugs in Price-Gouging Scheme that Cannibalizes the Entire US Economy by Wolf Richter • Nov 3, 2016 • 109 Comments They don’t care. And they’re not required to care.
EVs will Crush Jobs in Auto Manufacturing, VW Warns by Wolf Richter • Oct 28, 2016 • 133 Comments A global shift.
What’s Really Different this Time: Business Investment Drops to Lowest September since 2010 by Wolf Richter • Oct 27, 2016 • 39 Comments Why is this economy not yet in an official recession?
Google Fiber Lays Off 9%, “Pauses” Expansion, as Alphabet Cracks Down on Costs, Division CEOs Quit by Wolf Richter • Oct 26, 2016 • 65 Comments Third CEO of an Alphabet division to leave since June.
Smartwatch is Dead, Market Implodes, Apple Watch Shipments Collapse by Wolf Richter • Oct 24, 2016 • 94 Comments The market “experienced a round of growing pains.”