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"Hunter Harrison Is Out Of Control" - What's Really Going On At CSX?
Authored by William Vantuono via RailwayAge.com,Hunter Harrison, what exactly is going on at CSX? I’m hearing lots of voices. They’ve become loud and frequent and as such are nearly impossible to...
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A Primer On The "Global Sharing Economy" In 20 Charts
This morning, BofA has released a humongous, nearly 200-page "primer" on the global sharing economy which in the eyes of Wall Street and Silicon Valley is the biggest disruptor behind virtually all...
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Hecho En Mexico: 2017 Auto Production In Mexico Surges Despite Trump Attacks
Earlier this year, before then President-elect Trump even moved into the White House, he picked several very public fights with auto manufacturers over their increasing reliance on Mexico for...
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Global Stocks Jump, Crude Booms As Yellen Looms
S&P futures were fractionally higher (+0.1% to 2,476) with all eyes on the Fed's rate decision as investors await another earnings deluge from companies including Facebook, Coca-Cola and Boeing....
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The Military Industrial Complex Is Undermining US National Security
Authored by Federico Pieraccini via The Strategic Culture Foundation,The ongoing problems with the F-35 and other military programs, stemming from virtually unlimited budgets, underline the...
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Global Markets, Futures Slide Spooked By Poor Amazon Earnings, US Politics
S&P futures have tracked both European and Asian markets lower, which were dragged down by the big EPS miss and guidance cut reported by Amazon on Thursday. Meanwhile, the pounding of the dollar...
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GM Auto Sales Crash, Dealer Inventory Near All Time High
It was expected to be a bad quarter for General Motors. It ended up being abysmal.GM reported that July auto sales crashed by a whopping 15%, nearly double Wall Street's already depressed expectations...
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Carmageddon: Ford & GM Sales Tank Despite Record July Incentive Spending
It was hard to find a bright spot for auto investors in July's auto sales figures released earlier today with GM down 15% YoY, Ford off 7% and Chrysler down 11%.The companies blamed the drops on lower...
View ArticleWhy the Government Hates Your Car
Via The Daily BellHow could The Daily Bell be so clueless and naive about autonomous vehicles? A lot of you pointed out in the comments of a recent article called 5 Huge Benefits of Self Driving Cars,...
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Electric Car Fever
Authored by Eric Peters via EricPetersAutos.com,Maybe you remember Disco Fever.Mid-70s, United States. For no apparent reason, suddenly everyone seemed to be singing in a high-pitched falsetto voice...
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Half Of Detroit's Mayoral Candidates Are Felons
Will voters in one of the most crime-ridden cities in the country be able to stomach voting for a convicted felon? Residents of Detroit are about to find out. Half of the candidates running in next...
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The Uber Effect: Avis Plunges On Huge Miss, Margin Collapse, Guidance Cut,...
While the growing woes facing the auto sector are well-known by now (see "Carmageddon: Ford & GM Sales Tank Despite Record July Incentive Spending") and boil down to excess capacity, insufficient...
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When The Grid Goes Down...
Authored by Jeremiah Johnson (nom de plume of a retired Green Beret of the United States Army Special Forces) via ReadyNutrition.com,Let’s just say that the unthinkable becomes the real and happening....
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Merck CEO Resigns From Trump's Manufacturing Council Over "Hatred, Bigotry, &...
Merck CEO Ken Frazier has resigned from the President's Manufacturing Council as a "matter of personal conscience" following Trump's apparent lack of rejection of "expressions of hatred, bigotry, and...
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Furious Trump Lashes Out At Merck CEO After Council Resignation: Attacks...
Well that didn't take long. Seconds after the resignation of Merck CEO Kenneth C. Frazier from the president's Manufacturing Council:"I am resigning from the President's American Manufacturing Council....
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Autonomous Cars Could Impact Nearly 16 Million Jobs In U.S., Commerce...
The technology required to enable fully autonomous cars is not here yet. You'll get no argument from us on that point. Despite the loftiest of wishes from companies like Uber and Tesla, for now...
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Intel CEO Resigns From Trump Manufacturing Council Over "Divided Political...
The CEOs on President Trump's Manufacturing Council are dropping like flies as they realize, one by one, this weekend's media mayhem surrounding Trump's comments about the chaos in Charlotteville is...
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One Analyst Throws Up On Today's Retail Sales Data: Here's Why
Two weeks ago we reported that July auto sales were a disaster: recall sales for bloated with inventory GM were down 15% YoY, Ford off 7% and Chrysler down 11% - despite record incentive spending - as...
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Can The Permian Push Oil Prices Down To $40?
Authored by Irina Slav via OilPrice.com,Two analyst firms have revised upwards their production growth forecasts for the Permian, expecting oil output there to be 300,000 bpd higher by the end of this...
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Uber CEO's Texts With Engineer Revealed: "Let's Start @faketesla...About...
If nothing else comes of Google suing their former autonomous driving engineer Anthony Levandowski (refresher: he's the guy that split with 14,000 proprietary Google documents, used them to start a new...
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