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.
Carmageddon for Cars: “Cars” Are Scheduled to Die by Wolf Richter • Apr 25, 2018 • 145 Comments The end of an era in the US Auto industry — until $7 gas arrives.
US-China Trade-War Threats Rattle Germany AG by Wolf Richter • Apr 17, 2018 • 15 Comments Unlike the New York Fed yesterday, ZEW named names and pointed fingers.
Optimism of Manufacturers “Plunged” the Most Ever: NY Fed by Wolf Richter • Apr 16, 2018 • 51 Comments Corporate America fears that a Trade War would hit supply chains in China.
More Carmageddon at GM, Cuts Shift in Ohio, 1,500 Layoffs, as Cruze Sales Plunge. Production in Mexico Started in 2015 by Wolf Richter • Apr 13, 2018 • 62 Comments It already cut the third shift in 2017. Now it cut the second shift. Carmageddon but not Truckmageddon.
But How Does Amazon Fit into the Jobs Report? by Wolf Richter • Apr 6, 2018 • 27 Comments Which sectors created 2.2 million jobs in 12 months? Brick & mortar melts down. Governments shed jobs too, even information tech.
PE Firm Cerberus Capital’s “Rollup” Collapses into Bankruptcy by Wolf Richter • Mar 26, 2018 • 67 Comments Bankruptcy becomes an increasingly common “exit.” And the pension obligations?
How GM Is Shaking Down South Korean Taxpayers by Wolf Richter • Feb 20, 2018 • 39 Comments The threat of Carmageddon for jobs.
How Out-Of-Whack are US Trade Relationships? 2017 Trade Deficit Worst since 2008 by Wolf Richter • Feb 6, 2018 • 68 Comments Trade deficit in non-petroleum products hit all-time record of $734 billion.
What’s the Chance of Iconic GE Going Bankrupt? by Leonard Hyman and Willian Tilles • Feb 5, 2018 • 74 Comments When all is said and sold off, GE’s debt burden – much of it attributable to GE Capital – looks enormous versus the size of remaining assets and cash flow.
