Lordstown Gets Money as It Falls Apart
Lordstown is too small to compete in its market. New funding will not change that.
All Work
Douglas A. McIntyre
Redfin Shares Drop Toward $1
One analyst believes that Redfin shares will drop to $1.30. If financial results continue to crater, the figure will drop well below that.
Post Office Sells New Board Game
A U.S. Postal Service board game is another example of how badly managed the agency is.
Apple Collides With Reality
Supply chain issues and soft demand are expected to hamper iPhone sales and therefore Apple's revenue.
Gap Faces Brutal, Slowing Retail Market
With its sales already on the ropes, Gap faces a slowing U.S. retail market as the holiday shopping season begins.
New York Times Should Leave Twitter
If the Times takes news accuracy seriously, it will drop off Twitter until Twitter has proved it can monitor and control hate speech, bots and inaccurate tweets.
The City With the Highest Unemployment Rate in America
Unemployment in the U.S. has been about 3.6% over the last six months. That is about the same as the number in the first two months of 2020, until the COVID-19 pandemic whipped out…
The American City People Are Fleeing
Homes may be cheap in Detroit. However, there are reasons, and they are not good ones.
Bed Bath & Beyond Dying
Adding to the long list of problems that will take Bed Bath & Beyond under, Bloomberg reports that some suppliers have stopped shipping products to the retailer. They do not trust the company’s balance…
Carvana Implodes
Carvana, the ruined used car company, missed earnings estimates badly. The situation was among the most well-covered by the business media this earnings season. The news, however, is worse than it seems. Carvana may…
Amazon Should Bring Back Bezos as CEO
Why Jeff Bezos needs to return as Amazon's CEO, as founders occasionally do when their companies get into deep trouble.
Nikola a Wreck, Stock Falls to $3
Nikola, the wreck of an alternative energy truck company, has torn apart investor expectations again.
Peloton Goes to the Junk Pile
No matter what its CEO says, Peloton’s situation worsened as it disclosed earnings for the most recent quarter.
Unemployment Could Hit 10%
A recession is about to begin, or has begun already. One debate about the downturn is whether it will be long or deep.
The Fed Does Not Care About You
The Federal Reserve believes it is doing the best for you. However, the central bank does not care if you cannot afford a house or you lose your job.
Apple Is the World’s Most Valuable Brand at $482 Billion
As it has for decades, Apple again tops Interbrand's list of the world's most valuable brands.
The Post Office Can Deliver Mail, Maybe
The U.S. Postal Service has put out another of its regular bulletins about how fast it delivers the mail.
Can Social Security Survive Another 10 Years?
Threats to Social Security payouts have gotten worse in the past year.
Ann Yerger, Please Save Bed Bath & Beyond Shareholders
One Bed Bath & Beyond director is among the few people who can influence the direction of the retailer, which could collapse as early as next year.
Vilified Vince McMahon Still Runs WWE
Though Vince McMahon was ousted from his job as chief executive officer of World Wrestling Entertainment, he remains a stockholder with a controlling interest.