Peloton Officer Sells 530 Shares
According to an SEC filing, Peloton Chief Content Officer Jennifer Cotter sold 350 shares at $11.01 each. Recently, the stock fell to $9.50. Maybe she plans to buy a Peloton product, but she would…
All Work
Douglas A. McIntyre
Disney’s Iger Got Outrageous Special Payments
The FT reports that Bob Iger never left Disney entirely when he retired. He grabbed a consultancy agreement worth $10 million. It was to advise a new CEO, which he despised and eventually helped…
Bed Bath & Beyond Ruin Deepens
According to The Wall Street Journal, Bed Bath & Beyond has an inventory problem. Many of its shelves are empty when they most need to be full. Strong holiday sales may be the only…
Iger Helped Ruin Disney
An examination of Bob Iger’s return to his old post as CEO of Disney shows the extent to which he and the board of directors are at fault for the company’s problems. As the…
Twitter Could Be a Major Success
Elon Musk, the richest man in the world and the founder of Tesla and SpaceX, paid $44 billion for Twitter last month. Most M&A and social media experts believe the decision will be among…
Apple’s iPhone Sales Catastrophes Mount
Apple is the leader in smartphone sales in the world by a large margin. Samsung is its only major competitor. While the iPhone 14’s sales have not been on fire, they have been steady…
Jim Cramer’s Tech Winners Are Obvious
Former hedge fund chief, founder of TheStreet.com, and CNBC stock picker Jim Cramer chose the tech stocks he believes will make a comeback from major market sell-offs. They have been the most successful tech…
Iger Can’t Fix Doomed Disney
Can Bob Iger resurrect Disney or is the company too broken to fix?
People Need $400,000 Income To Buy a House in This City.
Homebuyers in this city need an income more than four times the national average to be able to buy a house.
Beyond Meat’s Dirty Factor And Grim Future
A Beyond Meat processing plant in Pennsylvania was found to be producing meatless meat under circumstances that would make customers’ stomachs turn.
CNN Gets Hammered
The changes that CEO David Zaslav introduced at CNN have done nothing but put the news channel in third place among the three big all-news channels.
Disney’s Horrible Board of Directors
Disney has replaced Bob Chapek with Robert Iger, Chapek's predecessor as CEO and the guy who recommended Chapek for the job. That may not sound like progress, but it is.
Railroad Strike Will Drive America Into Disastrous Inflation
U.S. railroads have not been able to reach a deal with the unions to keep trains running. This is not good news for consumers.
The State Where Gas Is Below $3
In June, as oil prices increased above $100 a barrel, the price of the average gallon of regular gas nationwide surged to over $5. It was the first time in history, gas passed that…
Debt Ceiling Could Batter Social Security
Now that the midterms have ended, a battle over the nation’s debt ceiling will start anew. According to the House Committee on the Budget, the vote on the ceiling will need to happen before…
Carvana’s Failure Nears
Carvana, the used car company, had a model that worked for about two years. The model has collapsed, its stock has fallen, its bonds have lost a huge amount of value, and it may…
America’s Worst Airport Is In the New York City Area
Air travel, nearly snuffed out at the start of the COVID-19 pandemic, has surged to 2019 levels. Thanksgiving passenger traffic this year may reach an all-time high for the period. Service has suffered because…
Lucid’s Broken Cars May Crush It
EV car company Lucid makes astonishingly expensive vehicles priced as high as $249,000. For that price, customers should at least get cars that work. New evidence indicates that the quality of many of its…
Google May Junk 10,000 ‘Poor Performers’
Google may be preparing to fire 10,000 people, but CEO Sundar Pichai is not going anywhere.
America’s Best Used Cars
In the latest J.D. Power 2023 ALG Residual Value Awards, Kia took the crown.