Amazon CEO Jassy Helped Ruin It
Amazon CEO Jassy blamed the firings on the economy, which is only partially true. He has to take a substantial part of the blame.
All Work
Douglas A. McIntyre
Costco Will Sell Cadillacs
Costco has a service that helps its members save money on cars, and that now includes Cadillacs.
Apple’s Stock Is Doomed to Drop More
Apple has not faced the storm it does now since the Great Recession, and its shares have much further to fall.
Southwest Gets Cheap With Customers
Will the Southwest Airlines CEO face any consequences for the company's poor holiday performance or the pittance compensation for affected passengers?
Rivian Continues to Fall Apart
Among the worst-performing companies in terms of share price in 2022 was this electric vehicle maker.
America Will Lose Millions of Jobs
The jobless rate is expected to rise to the 5% to 7% range over the next year, meaning millions of people will be out of work soon.
Bed Bath & Beyond Will Be Gone This Year
The Bed Bath & Beyond balance sheet is too poor to support the company for more than a few months.
The 2023 Recession
Most economists questioned some widely followed surveys’ believe there will be a recession this year. Some business executives say the downturn has already started. This recession will have several similarities to most of those…
People Are Leaving New Jersey, Moving To Vermont
Americans became more mobile over the last three years as mortgage rates fell and more people could work from home. A recent survey shows the states Americans left and those they moved to in…
Mint Mobile Picks Up Strong Reviews
Mint Mobile, a wireless service owned and promoted on TV by actor Ryan Reynolds, has picked up strong reviews from the press. Most criticisms are comments about consumer service. Mint Mobile is a mobile…
China’s 1.4 Billion Population To Drop
China has the largest population of any nation in the world, at 1.426 billion. According to a Pew analysis, that is forecast to drop to 1.313 in 2050 and 800 million in 2100. During…
Amazon Drops 50%
Amazon shares have fallen by half in the last year. This compares to a 33% drop in the Nasdaq. While its cloud business remains the largest and most profitable in the US, its e-commerce…
Revlon May Go Away
Revlon has been one of America’s primary beauty brands. Founded in 1932, it has fallen into Chapter 11. Its debt load recently sat at $3 billion, and there is nothing about the current financials…
The Consumer Price Increase Index
The Consumer Price Index has become the Consumer Price Increase for many Americans. The BLS Consumer Price Index is issued every month. It measures the prices of dozens of items. In most months this…
Starbucks Workers Get Poorer
The minimum amount Starbucks workers are paid increased to $15 recently. That equates to a little over $31,000 a year. Once taxes and social security payments are taken out of this compensation, the figure…
The Company That Raised Pay 34%
Delta Airlines raised the pay of its pilots by 34%, a classic example of supply and demand. Airlines have been short on pilots and other personnel since the surge in air travel as COVID-19…
Ford’s Shares Crash Almost 50%
Ford’s primary challenge for next year is whether its overall sales can rise. That is what investors care about.
Detroit Is America’s Cheapest Housing Market
Detroit has the cheapest housing market in the United States, according to a recent analysis.
The US Air Force’s 50 Oldest Aircraft
The U.S. Department of Defense constantly upgrades, updates, and replaces its fleet’s aging aircraft. But sometimes it can take a long time before a satisfactory replacement weapons system can be developed and built, and…
The Siege of Leningrad Was by Far the Deadliest Battle in Recent History
It should not be a surprise that the deadliest battle of the 20th century took place in Russia. The attempted German invasion of this geographically huge country killed what is estimated to be over…