Lookout China! Here Comes Walmart. Again; To Brexit? Or Not to Brexit? That is the Question; Volkswagen’s Emission Impossible

Ni-hao, Walmart… Because Walmart isn’t big enough, the retailer has now teamed up with China’s number two e-commerce site to take on…China. Alibaba, in case you hand’t heard, holds the illustrious top spot. In any case, Walmart will be selling its commerce marketplace in China to JD.com and in return Walmart will gain about 5% of […]

Love is…An IPO; Volkswagen’s “Goodwill”; Snapchat Vs. Facebook Video Smackdown

For the love of money… While the odds of meeting “the one” via online dating are slim, that hasn’t stopped Match Group Inc from making a regulatory filing for an initial public offering on NASDAQ under the ticker symbol MTCH. The company, which also owns Tinder and OKCupid, is looking to raise close to $404 […]

The Very Under-Performing Caterpillar; H&M’s Fashionable Earnings; Nein the Better for Volkswagen

Cocooning… Caterpillar took a brutal hit today on Wall Street, after cutting its sales outlook and whipping out bad news for some 5,000 employees who can expect a pink slip between now and the end of 2016. By 2018, that number is expected to reach 10,000. And there will be no transformation for this Caterpillar […]

Volkswagen Puts the Brakes on Farfegnugen; Will GoPro Become a No Go?; Mickey’s Magical New Venture

Auf wiedersehen… Volkwagen’s stock took a big 20% hit today over a not-so-little emissions scandal that has investors screaming “Nein!” It seems that the world’s largest automaker – at least for the first six months of 2015 – used some software, that managed to mislead regulators into thinking that the German automaker was actually following […]

VW Still Writing Checks for its Bad Behavior; Lululemon’s Sour Outlook; Economy Shows Some Impressive Muscle

Putting this baby to bed… Looks like Volkswagen will be handing over $157 million to ten U.S. states to settle environmental claims over the auto company’s notorious diesel emissions scandal. Among the lucky – if you can call it that – recipients of these funds are New York, which snagged $32.5 million, Connecticut which took […]

VW’s China Redemption; Fitbit Numbers Way too Skinny; Deal Drama: Walgreens/RiteAid vs. Regulators

Emissions Scandal? What Emissions Scandal? Volkswagen is in the news yet again. And this time it has nothing to do with poisoning the air we breathe. I know. Hard to believe, right? VW is making headlines because it has been crowned the world’s largest automaker, easily besting Toyota, after reporting that it shipped 10.3 million […]

Bugging Out Over VW Settlement; Trump Thinks He Can Do It All; Time to Buy a Keurig?

Buggin’ out… VW is getting set to pony up some $4 billion in settlement money after agreeing to plead guilty to charges of conspiracy to defraud the U.S. government and obstruct a federal investigation. To break it down, the company will cough up $2.8 billion in criminal fines and another $1.5 billion in civil penalties. […]

VW Has Some Arresting; Mars Inc. Has Gone to the Dogs; Alibaba Woos Trump

Arrested development… The FBI made its second arrest in the Volkswagen Emissions Scandal. Which is sort of reassuring considering that it seemed like the responsible parties were going to skate free. But there is no skating in the future for Volkswagen executive Oliver Schmidt, whose being charged with conspiracy to defraud the United States. His job […]

Trump’s Been Dealing it to Himself; Volkwagen Wants Your Love Back; Excuses, Excuses: Barnes & Nobles Whips One Out

Even more Trump’d up… President-elect Donald Trump’s foundation admitted it “self-dealt.” Self-dealing is when  leaders of non-profit organizations take money from the charities they lead, for themselves, their businesses and/or their families. It’s a big no-no and in case you were wondering where and why Donald Trump admitted such things, then look no further than […]

Samsung Looks to Erase its Mistakes; A Not-So-New Chapter for American Apparel; Hedge Fund to Kate Spade: Sell off!

Exploding cell phones need not apply… There were no over-heating phones in sight as Samsung plunked down $8 billion to acquire Connecticut-based Harman International Industries. In case you have no idea who – or what – Harman is, it’s a company best-known for making premium audio systems for cars. But that’s not all. The company […]