Aug 22 – Volkswagen scotched a report that it’s considering a stake in Elon Musk’s electric-car maker. That’s a shame, Liam Proud argues. If Tesla could get comfortable with the German automaker’s environmental gaffes, and VW had cash to spare, the pai…
Aug 21 – U.S. watchdogs are easing the post-crisis rules restricting the bets Wall Street and Main Street banks can make with their own money. John Foley explains that other regulations should help prevent big punts – with dire consequences for banks a…
Aug 20 – Bayer’s sale of its animal health business to Elanco for up to $7.6 bln leaves the German firm free to scratch bigger itches. Its shares have plunged since it bought Monsanto for $63 bln last year amid a flurry of lawsuits. Ed Cropley explains…
Aug 19 – The majority of big U.S. banks trade below book value, suggesting investor concern about the future. But after a decade of economic recovery, new capital rules and low interest rates, the meaning is as uncertain as other possible recession ind…
Hong Kong demonstrations escalated again, including at the airport. Local carrier Cathay Pacific got caught up in the mess. And the economic roots of the unrest are becoming clearer. Clara Ferreira Marques and Jeffrey Goldfarb discuss the latest from t…
The troubled conglomerate is facing claims it’s hiding $38 bln in potential losses. Tom Buerkle outlines the accusations leveled by Harry Markopolos, famous for trying to call out Bernie Madoff’s Ponzi scheme – and why GE’s past makes it an easy target…
The office provider’s IPO prospectus is a catalog of red flags, from shoddy corporate governance to related-party transactions, not to mention a questionable business model. Rob Cox and Robert Cyran discuss.
Tumblr was once worth $1.1 bln. Verizon is selling it for less than 1% of that. Robert Cyran and Jennifer Saba explain the latest sign that the telecom giant should ditch its internet media aspirations.
Argentine voters jolted markets by giving opposition leader Alberto Fernandez a big primary election victory. Richard Beales says the vote was a rejection of President Mauricio Macri’s investor-friendly policies, making a change of leadership in Octobe…
A currency war is brewing between the United States and China. Clara Ferreira Marques and Pete Sweeney discuss how far the Chinese currency might fall, and whether it will help revive cooling growth.