Financial / business news

[Pornfan99]

Thought I'd start new thread, on financial / business news. Mainly because of THIS beauty:

Trouble and turmoil continue at rental car company Hertz.

The company, which announced in January it was selling 20,000 of the electric vehicles in its fleet, or about a third of the EVs it owned, is now replacing the CEO who helped build up that fleet, giving it the company’s fifth boss in just four years.

https://finance.yahoo.com/news/hertz-ceo-following-electric-car-184831915.html

 

[John_8581]

Do you remember when OJ Simpson did commercials for them? Late 1970s early 1980s.

 

[rob1980]

By the look of it, the EV saga will not end well

 

[Pornfan99]

Whoa.. It is cheaper for CA vineyards to import cheap Canadian and European wine, vs. harvest their own grapes??

https://www.yahoo.com/news/global-wine-glut-compounds-headaches-100032213.html

 

[Pornfan99]

"Why" colleges will soon cost $100K: “The critical factors are that higher education is a personal service, that it has not experienced much labor-saving productivity growth, and that the wages of the highly educated workers so important at colleges and universities have soared,” they said. “These are economywide factors. They have little to do with any pathology in higher education.”

https://www.yahoo.com/news/colleges-soon-charge-100-000-185336498.html

 

[Torre82]

Red Lobster mulling over a nice bankruptcy
https://www.bloomberg.com/news/arti...ls-filing-for-bankruptcy-to-fix-balance-sheet

Oberweis dairies already doing the damn thing
https://www.nbcchicago.com/news/loc...cy-filing-plant-closure-announcement/3413288/

and you'll notice a few more companies on the outz, if ya search for bankruptcy on your news aggregator.

 

[Pornfan99]

Whoa.. US real estate market in 2023 dropped by one-third!

"It’s just hard when the number of homes sold in the United States drops from 6 million to 4 million."

https://finance.yahoo.com/news/economy-might-booming-housing-recession-195209142.html

 

[Pornfan99]

"Kinda" thought this would be a good place to post this. Dallas-Fort Worth to .. Australia, non-stop!

https://www.usatoday.com/story/trav...-flight-dallas-brisbane/75889918007/?tbref=hp

 

[Pornfan99]

Another one - not sure where to post it. Suppose here is good, as it relates to the mark-up on pharmaceutical products. $297,000 (!) bill for a young boy who was bitten by a rattle-snake:

https://www.yahoo.com/news/child-needed-antivenom-snakebite-cost-164118949.html

 

[Pornfan99]

Top-50 websites IN THE WORLD. "The Hub" checks in at #20. And, X.com is at #25 (not #6!):

https://www.similarweb.com/top-websites/