President Biden five years ago hailed GM CEO Mary Barra for leading the world’s EV transformation.
Today, Biden’s climate savior presides over one of the most gas-thirsty vehicle lineups in America. After President Trump’s reelection, GM was also the only major global automaker that couldn’t be bothered to publish a sustainability report.
A primer for Morgan Stanley clients invested in the firm’s North Haven Private Income Fund — where “semi-liquid” can quickly become “virtually dry.”
A peer-reviewed study by a Cornell cognitive psychologist suggests employees who embrace corporate buzzwords don’t make the best employees but might be destined for the corner office.
The history of Wall Street is rife with people who believed they were smarter by half and could engineer risk to near zero. In my lifetime there was Long-Term Capital Management, the hedge fund that employed Nobel Prize–winning economists who believed their mathematical models had tamed market volatility. For a…
JPMorganChase’s Jamie Dimon noted this week that today’s credit environment echoes what preceded the 2008 crash.
He wasn’t exaggerating.
Jeffrey Epstein destroyed lives.
He also did business with some of the most powerful lawyers and banks in America.
Careers fell. Institutions didn’t.
Imitation is the sincerest form of flattery. President Trump can take pride that leading political and business figures mimic his rhetoric and tone.
His critics should consider the implications.
The Davos elite and GM’s Factory Zero workers in Detroit live in parallel universes.
One gets fawning corporate media coverage, access, and spectacle. The other gets layoffs, uncertainty, and attention only from a socialist website.
After driving a Chinese EV for several weeks, Wall Street Journal technology columnist Joanna Stern wrote that she would prefer never to buy an American-made vehicle again.
If middle-class Americans fully understood why their counterparts in China can buy far more technologically advanced vehicles for considerably less, the reaction here would be anything but complacent.
At General Motors and Ford, litigation is no longer a side effect of doing business. It is a core business function.
The résumés of the lawyers running point at both automakers reflect how central legal strategy has become.