For decades, federal regulators and elected officials have known that vehicle weight and crash incompatibility can determine who lives and who dies. Yet they have allowed the automotive arms race to escalate, permitting manufacturers to sell increasingly massive vehicles without adequately accounting for the danger those vehicles impose on everyone else.
Today’s “You Can’t Make This Stuff Up” Wall Street Journal story: The guy who openly called AI-generated market analysis “garbage” just stepped in to buy the leveraged stock portfolio of Silicon Valley’s favorite AI oracle after margin calls forced a sale.
Perhaps Mary Barra deserves her nearly $30 million annual compensation after all. Name another CEO who has successfully played two U.S. presidents to her company’s advantage.
Bob Lutz’s ‘Car Guys vs. Bean Counters’ is the most inspiring book on leadership I’ve ever read.
Here’s why.
Nearly 60 years ago, Stanford researchers asked children to choose between one marshmallow now or two later.
Indications are that most CEOs of American companies would have grabbed the first marshmallow.
Tesla’s Elon Musk, Alphabet’s Sundar Pichai, and Amazon’s Andy Jassy are among the rare U.S. business leaders managing their companies with long-term horizons.
Corporate America has spent more than $4.8 trillion buying back its own stock since 2018.
CEOs say buybacks signal confidence because they believe their companies’ shares are undervalued.
Then why are so many executives selling their own stock while their companies are buying it?
Veteran automotive journalist Phoebe Wall Howard recently uncovered the disheartening story of an experienced Ford factory electrician who was fired after being falsely accused of stealing a $1.95 cookie from the plant commissary. Howard’s reporting burst my bubble about Ford’s leadership and reaffirmed my dim view of the UAW.
Howard’s prodigious reporting deserves amplification.
Ford’s Mexican-made Mustang Mach-E has muscled its way big time onto the roads of my west Los Angeles neighborhood. For years I rarely saw the vehicle, which first went on sale in December 2020, but these days they’re everywhere, in some pretty sweet color schemes, I must add. I saw…
In a not-so-long-ago era, my recent experience at The Vitamin Shoppe in Santa Monica would not have been a blog-worthy experience. Once upon a time it was common to walk into a retail store and engage with someone who was well versed in the company’s products and cared enough to…
It speaks volumes about the corporate media that to better understand antisemitism, growing wage disparity and labor unrest, and the declining state of the global automotive industry, I’m increasingly drawn to the World Socialist Web Site. The corporate media covers politics and business through the prism of its business owners—that’s…