Uber Confirms Horrendous Loss in 2016 by Wolf Richter • Apr 15, 2017 • 62 Comments On Good Friday, when no one was supposed to pay attention.
Stocks Soared on Trump’s $1-Trillion Infrastructure Boom. But that Just Evaporated. Now What? by Wolf Richter • Mar 18, 2017 • 93 Comments Wall Street will have to go look for another mirage to hype.
Does Uber Know it Can’t Make Money Unless it Uses Self-Driving Cars and Gets Rid of Human Drivers? by Wolf Richter • Feb 26, 2017 • 111 Comments Something is out of whack on the expense side.
Trump Promises “Fast Trains,” Japan’s Railway Stocks Soar by Wolf Richter • Feb 12, 2017 • 59 Comments Do Trump and California suddenly see eye-to-eye on high-speed rail?
Global Shipping Meltdown Mauls German Banks, Retail Investors, Taxpayers by Wolf Richter • Feb 10, 2017 • 21 Comments Germany holds 25% of global shipping loans as industry collapses.
World’s Largest Container Carrier “Unexpectedly” Has Big Loss in Crushed Industry. Now Trade War with China Looms by Wolf Richter • Feb 8, 2017 • 26 Comments It “would have a very negative effect on our business”: Maersk CEO
What the Heck Happened to Hanjin’s Ships and the Collapsed Freight Rates? by Wolf Richter • Jan 30, 2017 • 36 Comments Bankruptcy reveals “opaque ownership.” And freight rates surge.
Shipbuilding in Japan, Korea, China Collapses in Death Spiral of Orders by Wolf Richter • Nov 24, 2016 • 54 Comments “Worse than the one following the Global Financial Crisis.”
Boone Pickens on Natural Gas: It’s the Way to Defeat OPEC by Oilprice.com • Nov 7, 2016 • 55 Comments He put his money where his mouth is.
Bitter Irony: San Francisco, Los Angeles, San Jose have the Worst Roads in America, Worse even than Detroit by Wolf Richter • Nov 6, 2016 • 89 Comments But the roads in much of the nation are in terrible shape too.