Top Five Corporate Scandals of 2018: Episode V-Nissan and Carlos Ghosn
Friday’s jobs report was not only 200,000 jobs below projections for November, but it marked the fifth straight month of a diminished pace of hiring in the United States and brought urgency to facing the reality that there...more
In hotly anticipated comments on Thursday—and yes, such a designation applies to a speech on monetary policy—Federal Reserve Chair Jay Powell “announced a major shift in how the central bank guides the economy, signaling it...more
Rising infection rates around the U.S. and the globe are worrying markets, as fear of a second wave of cases linked with the reopening of the economy freaks out traders....more
Podcasting megastar (and, for me, “News Radio” jack-of-all-trades) Joe Rogan has signed a multiyear deal to bring his “Joe Rogan Experience” show to Spotify, an agreement that “could be worth more than $100 million based on...more
This week’s addition of another 3 million to the jobless roll brings the two-month unemployment claim total to 36.5 million and highlights the “rolling shock” nature of the pandemic’s economic fallout—even as some businesses...more
Ford announced major cuts to its European workforce yesterday, announcing that it would reduce its overall headcount there by 1/5 (or about 12,000 workers), roughly half of whom are salaried employees. Ford first revealed the...more
Not shockingly, the White House’s recent insistence on keeping tariffs in place on China (to ensure deal compliance) is proving to be a major stumbling block in negotiations on a grand trade deal between the US and China....more
Nissan’s Carlos Ghosn problems now extend to the United States, where the Securities and Exchange Commission has opened a probe into the accuracy of the company’s financial disclosures and internal controls....more
The financial world has been busy—and generally not in a great way—since we’ve been gone. Luckily, we’re returning on something of a rare high note after a stronger-than-expected December jobs report and some reassurance...more