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.”
To Some, it “Feels More Like a Crash” by Wolf Richter • Oct 20, 2016 • 68 Comments These US Markets Have Cracked, and the Cracks are Spreading.
EVs May Send Big Oil into “Investor Death Spiral”: Fitch by Wolf Richter • Oct 18, 2016 • 169 Comments Demand will dry up.
It Starts: Shutdowns, Production Cuts, Layoffs at Auto Plants by Wolf Richter • Oct 17, 2016 • 47 Comments “We continue to match production with demand”: Ford
Rattled German CEOs Seek “Revival of Germany Inc.” as “Protective Wall” against US and China by Wolf Richter • Oct 17, 2016 • 82 Comments In response to the “destabilization of the world.”
Why Italy’s Banking Crisis is Spiraling to Heck by Don Quijones • Oct 16, 2016 • 27 Comments €4.8 billion window-dressing to cover a growing €360 billion hole