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…
Companies and Brands
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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…
Peloton Wrecks Its Future
As another example of how badly management runs the company, it seems as if Peloton cannot sell anything at full price.
89 Post Offices Close
The weather has finally caught up with the US Postal Service. The agency prides itself on the fact that its offices are always open, and it delivers mail six days a week and delivers…
Shoplifters Steal $95 Million From Stores
Shoplifting has existed as long as there have been retail outlets. This activity ranges from people who steal one of two small items to organized criminals who steal hundreds of items at once. The…
Netflix Tries To Ruin Peloton
Netflix and Peloton have both had their share prices wrecked by traders this year. Netflix has not been able to add subscribers at the rapid pace that has characterized its business in the past.…
Apple Workers Go On Strike
Problems with striking workers have been part of the history of companies with large labor forces which have limited bargaining power with their employers. Often these included tens of thousands of workers. Traditionally, they…
Revlon Collapses
Revlon is bankrupt, and people who were fools enough to buy its shares will walk away with nothing.
TuSimple Is Ruined
TuSimple is falling apart and likely will be gone soon. The Wall Street Journal reports it is in such bad shape that it will cut half its workforce. It has reduced its efforts to…
U.S. Postal Service Loses $473 Million
The Post Office can’t stop losing money. In the most recent fiscal year, it lost $473 million, on $78.5 billion. It is yet another sign of how poorly the USPS is run and how…
The Price Of Eggs Is Soaring
The Producer Price Index rose rose 7.4% year over year in November and was up .3% from October. The number was high and signaled that inflation was still firmly in place. As with every PPI…
Peloton Gets Worse
Peloton, one of the stock market darlings of the early stages of the COVID-19 pandemic, has fallen apart.
Funko Falls Apart
Why the management change at collectibles maker Funko may not be the solution to its problems.
Tyson Should Fire CFO Tyson
In public corporations controlled by one family or person, poor decisions have no consequences and bad management is rewarded.