Hubert Horan: Can Uber Ever Deliver? Part Twenty-Seven: Despite Staggering Losses, the Uber Propaganda Train Keeps Rolling
How Uber keeps pumping hot air into a financially flaccid business.
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Hubert Horan: Can Uber Ever Deliver? Part Twenty-Six: With No Hope of Real Profits, Uber and Lyft Double Down on Fake Profit Metrics
Uber continues to hemorrhage cash and rack up impressive negative operating margins, yet the press eats up its accounting misdirection.
Read more...Hubert Horan: Can Uber Ever Deliver? Part Twenty-Five: Didi’s IPO Illustrates Why Uber’s Business Model Was Always Hopeless
Didi has a more commanding position than Uber in a fundamentally more attractive market, yet has been hemmorrhaging money.
Read more...How Enforcement of the USMCA Will End a Corporate Race to the Bottom
USMCA, which promised to help American workers by improving labor bargaining rights, is being put to its first road test. Will it perform?
Read more...Unsafe at Any Speed: Don’t Park Your Kia Sportage or Cadenza in the Garage, or Near Your House, for That Matter
For owners of Kia’s Sportage and Cadenza models, unsafe at any speed includes parking the vehicle in the garage.
Read more...The Chip Shortage: Brought to You By American Neoliberalism
While the chip shortage will sort itself out in the next six months, the US can’t remedy its dependence on foreigners for critical supplies.
Read more...Having Dropped for Years, US Auto Sales Plunged to 1970s Level in 2020
More Covid road kill: auto sales.
Read more...Insurance Companies Flag “Driver Disengagement” as Factor in Robot Car Safety
The irony of automation….
Read more...Latest Election Stunt Proves Uber and Lyft Are Their Own Worst Political Enemies
Quelle surprise! Uber and Lyft are acting in bad faith in their struggles to get out of being classified as employers.
Read more...Right to Repair Redux: Massachusetts Ballot Questions
Massachusetts has another right to repair ballot question, updating its 2012 provision that resulted in landmark 2013 legislation.
Read more...The Problem With California’s Electric Dream
Even with a 15 year runway, California’s electric vehicle plans don’t look achievable.
Read more...Wolf Richter: Nikola Hype Collapses, Shares Plunge Further, Founder/CEO Pushed Out. GM Swoons
This whole Nikola phenomenon was only possible in a market gone willfully blind and nuts.
Read more...Covid-19: Carmageddon Beckons Unless Work from Home Continues
Another way Covid-19 is wreacking havoc on major cities.
Read more...More on Deaths of Despair: New Study Links Early Job Loss to Higher Rates of Overdose Deaths and Suicides
Another look at deaths of despair confirms the danger of job loss and even too-early retirement.
Read more...Even If Joe Biden Wins in a Blowout, the ‘Global Economy’ Is Not Coming Back
Why corporations are past the high water mark for global commerce.
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