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.
GM Sells 70% More Vehicles in China than the US by Wolf Richter • Dec 5, 2017 • 31 Comments Big Risks, Thin Profits. US taxpayers helped.
Uncertainty Hits American Farmers and Mexican Consumers by Don Quijones • Nov 13, 2017 • 16 Comments NAFTA 2.0 gets complicated.
NAFTA Effect: Global Manufacturers Bet on Dirt-Cheap Mexico by Don Quijones • Oct 26, 2017 • 51 Comments That wages have remained so low for so long is not by accident; it’s by design.
Kobe Steel Scandal Could Rattle US Nuclear Industry by Leonard Hyman and Willian Tilles • Oct 15, 2017 • 27 Comments Second major scandal involving a steel supplier of reactor components.
GM to Lay Off 1,500 More Workers, as its Car Sales Plunge Twice as Fast as Rest of Industry by Wolf Richter • Oct 12, 2017 • 93 Comments Hounded by overcapacity. But other automakers do just fine with cars.