May, 10, 2018|

Danielle DiMartino Booth

Welcome back to 2017, where bad is back where it belongs, that is being oh so good. Inflation? Who cares? Rising interest rates? No harm, no foul. WTI north of $70? Fill ‘er up. Pricey tech stocks. Hit the bid, baby...

More Problems for Ford

May, 10, 2018|

Ford Suspends F-150 Production

Ford Motor said it would suspend production Wednesday evening of its profit-driving F-150 pickup at it big plant in Dearborn, Mich., bringing to a temporary halt all production of the nation's bestselling vehicle...

Troubles for Ford Motor Co.

May, 9, 2018|

Trouble Brewing for Ford

Ford Motor Co. expects to lay off several thousand workers temporarily at a Michigan factory that assembles its top-selling F-150 pickup truck...

Comcast’s Hostile Bid

May, 8, 2018|

Comcast Prepares for Bid

Cable giant Comcast Corp. is getting the pieces in place to make a hostile bid for 21st Century Fox’s entertainment assets should it choose to do so, according to people familiar with the situation. Fox agreed in December to sell the assets in question to Walt Disney Co. for $52.4 billion in stock...

INDICTED

May, 4, 2018|

Ex-Volkswagen CEO Charged

Volkswagen’s former chief executive faces U.S. charges for his alleged role in an emissions-cheating scandal that has cost the German auto giant billions of dollars in penalties and damaged its reputation, according to an indictment unsealed Thursday...

May, 3, 2018|

Danielle DiMartino Booth

Hyperbole is such a vile term. Defined as “extravagant exaggeration,” we are nothing short of drowning in it. What little is left of journalistic integrity is sacrificed daily at the altar of hyperbole. Politicians have raised their rhetoric to such deafening volumes their speech writers are at the risk of running low on exclamation points. Even the once ensconced billionaires’ boys club members with a yen to pontificate clamor for any available turn at the podium...

Tesla Burns Through More Cash

May, 3, 2018|

Tesla Continues to Drop

Tesla Inc. burned through cash at a greater rate than analysts expected during the first quarter, intensifying pressure on the Silicon Valley auto maker to raise more capital if it continues to struggle with production of the Model 3 sedan. The company’s free cash flow widened to about a negative $1 billion...

SNAPPED

May, 2, 2018|

Oh Snap!

Snap Inc. on Tuesday said revenue rose 54% in the first quarter from a year ago, but that missed analyst estimates and fell nearly 20% short of the previous quarter as efforts to wrest a larger share of advertisers’ budgets were impeded by Facebook Inc. and Alphabet Inc.’s Google...