Hertz “RESCINDED” Fake Promises to Investors, Shares plunge by Wolf Richter • Aug 1, 2017 • 66 Comments It didn’t even bother explaining why. Investors are left to their own devices to figure it out.
Uber, Lyft Mangle Rental Cars & Taxis. Other Sectors Next by Wolf Richter • Jul 30, 2017 • 56 Comments But Uber’s growth among business travelers got lumpy.
Is Amazon Eating UPS’s lunch? by Wolf Richter • Jun 21, 2017 • 89 Comments You’d think Amazon’s surging sales would be a boost for UPS. But no.
#Carmageddon for Rental Car Companies: Wolf Richter on WRKO Boston by Wolf Richter • May 11, 2017 • 39 Comments Automakers and the used car market catch shrapnel. Uber did it.
Answers Emerge: This is How Badly Uber Eats into Hertz by Wolf Richter • May 7, 2017 • 65 Comments Uber burns a lot more cash, but Hertz gets keelhauled.
This Vicious Cycle is What Bedevils the US Economy by Wolf Richter • Apr 20, 2017 • 48 Comments Railroads slash capital spending, but plow more money into buying back their own shares, after two years of Freight Recession.
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?