“Hidden Debt Loophole Could be Widespread”: Fitch by Wolf Richter • Jul 30, 2018 • 87 Comments Use of this financial instrument has ballooned. No one knows to what extent because there’s no disclosure. But it was a “key contributor” to the sudden collapse of outsourcing giant Carillion.
Numbers are in: Uber, Lyft v. Rental Cars & Taxis in the US in Q2 by Wolf Richter • Jul 29, 2018 • 94 Comments The ugly market-share battle in reimbursed ground transportation.
Oops, Facebook’s Market Cap Plunges by $143 Billion by Wolf Richter • Jul 25, 2018 • 144 Comments Throughout the scandals, Facebook was clad in Teflon and nothing mattered. But today, it mattered.
Results Are In: How Americans Faced the Equifax Hack where Personal Data of 45% of US Adults Were Stolen by Wolf Richter • Jul 24, 2018 • 55 Comments Now, 10 months later, do they even know about it? Don’t laugh….
“That’s a Super Dangerous Place to Be”: CEO of JPMorgan Asset Management by Wolf Richter • Jul 18, 2018 • 61 Comments When central banks distort the markets, risk disappears from view.
Google Bitten by 2nd Antitrust Fine in the EU, $5 billion, Hugest Ever Anywhere. Third Waiting in the Wings by Wolf Richter • Jul 18, 2018 • 84 Comments Android is “a vehicle to cement the dominance of its search engine.”
“Yield-Curve Inversion” Consensus Rouses Contrarian in Me by Wolf Richter • Jul 17, 2018 • 65 Comments Markets have a way of blowing this type of consensus out of the water.
What Future Is Uber Seeing for Itself? by John McNellis • Jul 15, 2018 • 59 Comments Its fleet of autonomous cars thus far has gone the way of the Spanish Armada, producing nothing but grief.
How Amazon Rules by Wolf Richter • Jul 14, 2018 • 93 Comments It owns 33% of the internet “cloud,” 49% of US e-commerce, and is elbowing into other sectors.
NIRP Did It: I’m in Awe of How Central-Bank Policies Blind Investors to Risks by Wolf Richter • Jul 13, 2018 • 45 Comments “Reverse-Yankee” Junk Bond Issuance Hits Record.
