War on Cash: UK’s First Till-Free Grocery Store
War on cash- issues and complications undermine business case for till-free stores.
Read more...Category Archives: Ridiculously obvious scams
Bill Black: Thousands Die, Millions Injured on the Job, and No Businesses Prosecuted
Bill Black describes how OSHA’s few underfunded inspectors can’t do their jobs, and prosecutors don’t prosecute businesses for non-compliance.
Read more...Wolf Richter: Tesla Discloses Record Pollution Credits for Q1: Without Them, it Would Have Lost $918 Million and Bled $1.14 Billion in Cash
Tesla’s 10-Q filing reveals that without taxpayer-funded pollution credits the company gets from the government and sells to other companies, its loss as automaker and solar-panel company would have been $918 million and its negative cash flow wouldn’t have been a cash drain of $919 million but a cash sinkhole of $1.14 billion
Read more...Apple to California Legislators: Consumers Will Hurt Themselves if Provided a Right to Repair
Apple and tech lobbyists delay a California bill to provide a statewide right to repair until 2020, claiming consumers will hurt themselves if the state capitulates on this issue. They also successfully deploy the hackers in the basement boogeyman.
Read more...Buttigieg’s Small Donor Surge: Less There Than Meets the Eye?
A first look at the data about Buttigieg’s donors raises some uncomfortable questions.
Read more...What the April 15 Emerson Democratic Primary Poll Says About Emerson and Sanders
It’s 2016 all over again, as the press and analysts go to unusual lengths to ignore Sanders’ gains.
Read more...Department of Justice Indicts Two Drug Company Executives Over Opioid Sales; More to Come?
On Tuesday, the Southern District of New York and the Drug Enforcement Administration announced a series of indictments against one of the ten largest drug distributors in the US, Rochester Drug Co-Operative, and two former executives, the CEO and the chief compliance officer, and the latter has pled guilty and agreed to cooperate with prosecutors. […]
Read more...Chevron and Exxon Say They Can Turn Around the Failed Finances of Fracking Industry
The latest in Justin Mikulka’s excellent series on fracking follies.
Read more...Hubert Horan: Can Uber Ever Deliver? Part Nineteen: Uber’s IPO Prospectus Overstates Its 2018 Profit Improvement by $5 Billion
Uber’s financial data in its S-1 filing is misleading and even inconsistent.
Read more...UK-Based Multinational Department Store Debenhams Collapses After 200 Years of Trading. Thank Private Equity
Debenhams follows the sad and well trodden path of retailers bought by private equity firms.
Read more...World Bank Financialization Strategy Serves Big Finance
The World Bank continues its proud tradition of making the world safe for rentiers, um, financiers.
Read more...Ukrainian Prosecutors: Why Doesn’t the U.S. Dept. of Justice Want Our Evidence on Democrats?
Ukrainian dirt on the Bidens is languishing! Why is that?
Read more...We Need to Stop the Overdiagnosis Disease. Step 1: Remove Vested Interests
Time to stop treating people as targets for disease treatments.
Read more...Right to Repair Initiatives Gain Support in US
Minnesota may soon be the first state to adopt right to repair legislation, and measures are pending in a total of twenty states. Democratic presidential candidate Elizabeth Warren recently endorsed a national right to repair for farm equipment.
Read more...Bill Black: Tom Friedman Just Noticed that the UK “Has Gone Mad”
Bill Black uses Tom Friedman’s recognition just this week that Brexit is a mess as the foundation of a detailed takedown of Friedman’s propaganda, um, views.
Read more...