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.
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.
JPMorgan Chase CEO Jamie Dimon is among Wall Street’s — and the media’s — most admired executives, closely identified with the bank he has led for nearly two decades.
President Trump, however, is no admirer of Dimon’s stewardship of America’s largest bank.
Here’s why Trump’s promised lawsuit alleging JPMorgan debanked him for political reasons — along with the president’s broader pressure on banking practices — could open a level of scrutiny Dimon’s admirers don’t yet appreciate.
Among the questions such scrutiny could raise: why JPMorgan severed ties with Trump while continuing to bank Jeffrey Epstein until 2013, despite internal objections from some senior executives.
Canada’s Mark Carney has said bonjour to China’s EV manufacturers. It may mean au revoir to GM and Ford’s EV ambitions.
When a company’s stock price soars after a CEO retreats from her transformational vision and takes a $1.6 billion write-down linked to that strategy, it’s worth asking what’s actually being rewarded.
In a largely overlooked moment, President Trump and Sen. Elizabeth Warren recently began asking that same question about stock buybacks and corporate incentives. While both have pledged to do something about it, here’s why I wouldn’t hold my breath.
December 19, 2025 — Business, Politics, Technology
If you were launching a transformational technology, would you cut marketing by $1 billion?
GM did.
Mary Barra last week blamed Joe Biden for GM’s EV mess.
The media gave her a free pass.
Again.
Struggling to pay rent or cover a $400 emergency? Don’t worry — America’s CEOs say the solution is simple: just buy their stocks.
New York City just elected avowed socialist Zohran Mamdani—cheered on by the UAW, a union whose senior leadership includes a member of the Democratic Socialists of America. New Yorkers should take a hard look at UAW President Shawn Fain’s leadership and the company he keeps.
GM CEO Mary Barra betrayed both California and Canada. Gov. Gavin Newsom publicly agrees — and if Canada’s globalist prime minister, Mark Carney, knew his own country’s history better, he would too.
October 4, 2025 — Politics, Restaurants
Starbucks can’t seem to brew anything but trouble these days.
CEO Brian Niccol’s restructuring rollout was a mess — and Starbucks Workers United pushing its identity politics and disparaging Charlie Kirk in The New York Times isn’t good for business either.