2:00PM Water Cooler 2/27/2023 | naked capitalism
By Lambert Strether of Corrente. Readers, I am up to my eyeballs in the muck of that horrid Cochrane study on masks (finished, here), so all I can do is…
Reuters was first to report that Ericsson will lay off 8,500 employees – Reuters News Agency
EconomyTechnology 24 February 2023, 7:53 pm. 1 minute By Reuters News Agency Reuters was first to report that Ericsson will lay off 8,500 employees, citing a memo sent to employees…
Reuters exclusively revealed that U.S. sanctions authority probes Raiffeisen on Russia – Reuters News Agency
Business & FinanceEconomyGovernment 20 February 2023, 7:39 pm. 1 minute By Reuters News Agency Reuters exclusively revealed that the United States’ sanctions authority has launched an inquiry into Raiffeisen Bank…
UK Citizens Should Take Rishi Sunak’s Pledge Not to Launch Digital ID With a Truckload of Salt | naked capitalism
“There are no plans to introduce digital ID. Our position on physical ID cards remains unchanged.” These were the words of UK Prime Minister Rishi Sunak’s spokesman a couple of…
Michael Hudson and Radhika Desai on Dollar Imperialism | naked capitalism
Yves here. I have to confess to this claim at the top of the interview that is is about de-dollarization, when it is devoted almost entirely to telling the story…
The EV Revolution Brings Environmental Uncertainty at Every Turn | naked capitalism
Yves here. We have regularly pointed out that the greenhouse gas advantages of electric cars are considerably offset, if not more than offset, by other environmental cost. This article provides…
New, Buzzy Cochrane Study Sets the “Fools Gold” Standard for Anti-Maskers | naked capitalism
By Lambert Strether of Corrente. “One does not consider the brand to be the guarantee of quality. For us, the quality guarantees the brand.” –Lord Peter Wimsey in Dorothy Sayers,…
Can the Phillips Curve Explain Recent Wage Growth? | naked capitalism
Lambert here: He’s b-a-a-a-c-k!!!! And I’m guessing no. Read all the way to the end, where you will see a glorious example of lack of agency in a policy recommendation.…
Hubert Horan: Can Uber Ever Deliver? Part Thirty-Two: Losses Top $33 Billion But Uber Has Avoided The Equity Collapse Most “Tech” Startups Experienced | naked capitalism
Yves here. Hubert Horan again painstakingly goes through Uber’s deliberately distorted financial results to present something much closer to a real picture. To give an idea of the level of…
How Howard Schultz Made Starbucks the Poster Child of Corporate Abuse | naked capitalism
Yves here. There’s a lot competition for the title of “Nastiest CEO”. And just by weight of numbers, Amazon has a strong claim. Starbucks has only 400,000 employees while Amazon…