Rivian Nosedives
Failed electric vehicle (EV) maker Rivian has found its stock hit again.
All Work
Douglas A. McIntyre
Bed Bath & Beyond Fails
Bed Bath & Beyond is about to end up on the junk heap of retailers that were once highly successful but could not keep up the momentum.
Tesla Wants to Sell Cars at a Discount
In the balance of profit against market share, Tesla founder Elon Musk has decided that market share will win for now.
Facebook to Hammer Workers Again
Facebook is preparing to lay off thousands more of its workers in April and May.
This Is America’s Worst Airline
A recent analysis reveals that Spirit Airlines had the lowest customer satisfaction rating in the United States.
Does China Lie About Its Economy?
China announced its economy grew by 4.5% in the first quarter. Is that figure too good to be true?
Prices That Spiked the Most Compared to This Time Last Year
Inflation cooled in March according to the recent consumer price index report, though many economists believe the move is not permanent. Based on the March CPI – a measure of the costs of U.S.…
Apple Wants All Your Money
Apple wants all your money. That is, it wants every dime of your savings.
The World’s Largest Lake
The Caspian Sea is the world’s largest inland body of water. As with many of the world’s largest lakes, the diversion of water for human activity is having an effect.
A CEO Describes the Single Key to Success
This CEO's letter to shareholders has one piece of advice that is valuable to almost every business, though he does not seem to follow it.
Buzzfeed May Need $50 Million
Buzzfeed posted an ugly fourth quarter, but its forecast for the first quarter of this year was much worse.
The Price Of School Food Up 300%
The BLS released the Consumer Price Index for March. Overall the rate of inflation was up 5% year over year. That was a sharp slowing from the figure early this year and in the…
Savings Accounts Surge To 6%
A year ago, people complained that the rate paid on their savings accounts was barely 1%. Why not keep the money in their checking accounts, many people argued. That problem has disappeared rapidly. Some…
Inflation in Argentina Is 100%
The rate of inflation in the US has gone down. Six months ago, it ran 8% a year over the previous year each month. That came down to 5%, according to the CPI. The…
Best Buy Hammers Workers As Business Model Fails
Best Buy fired at least several hundred workers recently. It is either a sign of a slowing economy, or an admission that its business model is flagging. Either way, it is not good for…
Tesla Gets Cheaper
Tesla can leverage a brand that is among the most valuable in the world to maintain its visibility as the market leader.
Lucid Stumbles
Troubled electric vehicle maker Lucid repeatedly has proven that it is unlikely to remain a competitor in the EV race.
The World’s 11 Largest Warships
By most accounts, the United States has had the largest and most powerful navy in the world since World War II. But based on at least one metric, that is no longer the case.…
The American City With the Most People Out of Work
A recent analysis reveals that this city in California has the nation's highest jobless rate.
Social Security Service Falls Apart
Americans face long wait times on the phone or at Social Security offices.