Uber’s latest financial report confirms Hubert Horan’s predictions.
Recent Items
Thursday, June 19, 2025
Hubert Horan’s Quick Take on Uber’s Second Quarter Results
Topics: Auto industry, Guest Post, Investment outlook, Media watch, Ridiculously obvious scams, Technology and innovation, Uber
Posted by Yves Smith at 6:15 am | 19 Comments »
Why Elizabeth Warren’s Accountable Capitalism Act Will Be Good for Shareholders
Why shareholders are getting a raw deal out of the misguided corporate fixation on “maximizing shareholder value,” and Elizabeth Warren’s new bill is therefore good for them.
Topics: Economic fundamentals, Free markets and their discontents, Income disparity, Investment management, Legal, Regulations and regulators, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 6:11 am | 32 Comments »
Sacramento Bee Fingers CalPERS CEO Marcie Frost, General Counsel Matt Jacobs, and Board President Priya Mathur in Asubonten Resume Fabrication Scandal
Even the Sacramento Bee is compelled to call out CalPERS executives for their failure to do basic checking when hiring former CFO Charles Asubonten.
Topics: CalPERS, Corporate governance, Legal, Media watch
Posted by Yves Smith at 5:03 am | 11 Comments »
France Could Lose Billions In Brexit Trade Route Redirection
How French ports and hence France look set to lose in Brexit.
Topics: Brexit, Europe, Globalization, Guest Post, UK
Posted by Yves Smith at 3:33 am | 18 Comments »
2:00PM Water Cooler 8/15/2018
Today’s Water Cooler: China trade, Warren’s corporate governance proposal, midterms, productivity, inventories, retail, Elon Musk, UPS contract, infrastructure, economic anxiety, cash
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 96 Comments »
The CFA Franc Zones: Neocolonialism and Dependency
How France still exerts influence over the CFA franc zone.
Topics: Africa, Currencies, Europe, Guest Post
Posted by Yves Smith at 9:55 am | 14 Comments »
Links 8/15/18
Topics: Links
Posted by Yves Smith at 6:55 am | 211 Comments »
Rethinking Social Progress in the 21st Century
A new report examines the path to global social progress. Unfortunately, there are no easy answers.
Topics: Free markets and their discontents, Guest Post, Income disparity, Social policy, Social values, The destruction of the middle class, The dismal science
Posted by Yves Smith at 5:52 am | 22 Comments »
Gaius Publius: Progressives Ask Why So Many Unions Seem Anti-Progressive
Progressives are waking up to the fact that most unions are not on their side.
Topics: Guest Post, Income disparity, Politics, Social policy, Social values, The destruction of the middle class
Posted by Yves Smith at 5:17 am | 80 Comments »
Donald Trump, Gun-Runner for Hire
Not only does America love guns but the Administration really loves gun merchants.
Topics: Guest Post, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 12:24 am | 13 Comments »
2:00PM Water Cooler 8/14/2018
Today’s Water Cooler: Tariff equilibria, Avenatti in Iowa, Pelosi, midterms, Wesley Bell, Strzok, paper ballots, antifa, small business optimism, single payer, out-of-network billing, collections, rain forests
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 87 Comments »
Plastics: Don’t Microwave, or Place in the Dishwasher
American Academy of Pediatrics highlights health concerns for children from plastics, and recommends reducing use of plastics, and not microwaving them or placing them in the dishwasher.
Topics: Environment, Guest Post, Legal, Regulations and regulators
Posted by Jerri-Lynn Scofield at 9:55 am | 54 Comments »
Links 8/14/18
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 184 Comments »
Emerging Markets Swoon as Turkey Wobbles
A high level look at the upheaval in Turkey.
Topics: Currencies, Doomsday scenarios, Middle East, Russia
Posted by Yves Smith at 6:00 am | 39 Comments »
Medicaid Officials Target Home Health Aides’ Union Dues
Another attack on union funding.
Topics: Banana republic, Free markets and their discontents, Guest Post, Health care, Income disparity, Legal, Regulations and regulators, The destruction of the middle class
Posted by Yves Smith at 3:43 am | 16 Comments »