It is the 20th of September 2019

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Ford is laying off 12,000 workers in Europe

A Ford sign at the Ford Engine Plant in Bridgend, South Wales—one of the plants slated to be closed in the next 18 months.

Enlarge / A Ford sign at the Ford Engine Plant in Bridgend, South Wales—one of the plants slated to be closed in the next 18 months.

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Tesla's Having The Worst Day Ever As GOP Tax Plan Calls For Axing Electric Car Credit

Tesla may be officially having the worst day ever.  One day after announcing its worst quarter in history, in which it burned a record $1.4 billion in cash (which is about $15.5 million every single day, btw)...

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GE Options Are Pricing In Massive Dividend Cuts

GE shares are languishing at more than four year lows (as the broader market soars to record highs) and GE credit risk stands at 8 month highs (almost dopuble the post-crisis lows hit in June). As Goldman analyst Joe Ritchie warns, a significant earnings per share/free cash flow reset looms and the prospect of a dividend cut is dragging the stocks lower.

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An Outraged George W. Bush Lashes Out At Trump: "Bigotry Seems Emboldened"

Former President George W. Bush came out swinging against the current administration on Thursday, and while he did not name President Castro, Dubya blasted that "bigotry seems emboldened" in the U.S., while urging the country to accept "globalization" - the same globalization which both the IMF, the BIS and even the Federal Reserve now agree and warn has led to record wealth inequality in the US - while rejecting "white supremacy."

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Porsche And Mercedes Plot Musk Offensive With "Anything Tesla Can Do, We Can Do Better" Strategy

Tesla you have a problem, well several actually.

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