Does WeWork at All? by John McNellis • May 16, 2018 • 46 Comments The CEO is selling that $20 billion valuation to a lot of smart, rich guys. But WeWork’s entities are known as SPE’s (“Screwing Probably Expected”), and landlords will be the first to go down.
Why I Think the Stock Market Cannot Crash in 2018 by Wolf Richter • May 13, 2018 • 149 Comments But the crash-insurance policy is a one-time deal. And then what?
Symantec Gets Crushed by Mysterious Internal Investigation Two Years after CEO & Team from Acquired Company Took Over by Wolf Richter • May 11, 2018 • 50 Comments Bain Capital sold it to them.
“Act Now and Lock in” these Deposit Rates: Banking Cat-Fight Breaks Out Like We Haven’t Seen in Over 10 Years by Wolf Richter • May 9, 2018 • 72 Comments The Fed has left the room.
Airbnb Turns to Brussels for Help as Anti-Tourist Backlash Intensifies in Europe by Don Quijones • May 9, 2018 • 33 Comments The trend in its European markets is not Airbnb’s friend.
What do Retail Investors as a Whole Know that We as Individual Retail Investors Don’t Know? by Wolf Richter • May 7, 2018 • 47 Comments This is a sight to behold. But I’m not sure what to make of it.
Tesla Discloses Worst Quarterly Zinger of a Loss Ever, Burns $1.1 Billion Cash by Wolf Richter • May 2, 2018 • 106 Comments Not The Boring Company, but The Hopeless Company.
Uber Loses Share to Lyft. Both Crush Rental Cars and Taxis by Wolf Richter • Apr 30, 2018 • 94 Comments War in business ground transportation. But tipping is not popular.
Fight for Deposits Erupts among Banks, with Winners & Losers by Wolf Richter • Apr 29, 2018 • 52 Comments But it’s a godsend for savers.
I Asked my Wells Fargo Branch about CDs with Higher Interest Rates. This is What Happened Next by Wolf Richter • Apr 27, 2018 • 96 Comments Competition for cash returns for the first time in 9 years, and banks hate it.