Next Step in “Irreversible Decline”? Exxon Books 38% Lower Earnings, Blames Refining Margins by Irina Slav • Oct 28, 2016 • 8 Comments The trouble with Big Oil.
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?
Next “Bad Bank” to IPO in Spain, after 2 Prior IPOs Imploded by Don Quijones • Oct 27, 2016 • 12 Comments Who Will Be the Bag Holders?
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.
Herd Behavior: Why Lack Of Patience Could Spark Argentina’s Next Crisis by Bianca Fernet • Oct 26, 2016 • 24 Comments Time, that fickle mistress, is persistently stalking Macri’s administration and is not on his side.
Bubble Mentality Collapses in San Francisco Office Market by Wolf Richter • Oct 26, 2016 • 38 Comments Tough business decisions loom.
Why the Jobs Aren’t Coming Back by James Murray • Oct 25, 2016 • 216 Comments The “modern day marvel.”
Housing Bust 2? Low- and No-Down-Payment Mortgages Surge, “Shadow Banks” Dominate by Wolf Richter • Oct 25, 2016 • 55 Comments Some of the same characters that played leading roles last time.
Venezuela Escapes Bankruptcy for Now… But Oil Production Continues To Plunge by Nick Cunningham • Oct 24, 2016 • 13 Comments Investors buckled, but the country’s plight is only getting worse.
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.”