Tuesday July 24, 2018 The WSJ reveals that Tesla asked for cash back from suppliers. Tesla has been burning through cash at a rate of about $1bn a quarter, or more than $7,430 every minute, according to data compiled by Bloomberg, and finished the first quarter with $2.7bn in cash on hand. My students tell…

Weekend July  15, 2018 Sears closes its last Chicago Store Chicago was the home of Sears, with the Sears Tower a vital part of the Chicago sky line. It is just a matter of time until Eddie Lampert sells the real estate and Sears is no more. Lampert was no retailer that is for sure.…

Thursday June 7, 2018 MCD is adopting DIY kiosks for cashiering in response to $15 Minimum Wave Laws. Careful in their answer as to who will be displaced, MCD replied those workers will assume different roles such as Guest Experience Leaders. The truth of course is that given high turnover of  such personnel, MCD simply…

Wednesday April 18, 2018 Yesterday I posted on the release of A  Quiet Place.' I suggested that Aaron Gleason, the producer and star, might become the next Clint Eastwood. Both began in television and had success with low budget but popular films. Well here is another candidate with the same formula. Byron Allen bought the…

Tuesday April 17, 2018 Aaron gleason explains why Q Quiet Place Might be an Instant classic. Not many movie reviews go as far as comparing the ethical theories of Hobbs and Locke but this one does. No wonder then that Gleason has an MA i philosophy of religion from Talbot University. But that is not…

Tuesday Dec 5, 2017 Below is an excerpt from a WSJ story on Dollar General. There is always a niche in any market for a player who keeps costs low. Dollar General has done that and targets low income customers who do not buy in bulk at Costco or WMT. Dollar General Corp.’s 14,000 stores…

Monday Dec 4, 2017 Here is the Chinese versionof GM's new SUV. somehow the price starts at $8,250 way below the Chevy Equinox at $26,300. Not surprisingly the 510 outsold the Equinox 8 to 1 in September. The 510 offers a 1.5 liter engine, that's 90 cubic inches which is certainly more economical than the…

Monday Nov 6, 2017 An article in today's WSJ describes how virtual restaurants exist online.No take out window, no waiters,no bus boys, no dish washers. That eliminates20% of the labor cost. And it allows them to locate in far less expensive locations that would probably be otherwise unused. I logged on to Grubhub which features…

Wednesday Nov 1, 2017 In early 2016, a crisis unfolded at Tesla Inc.’s TSLA 3.58% electric-car factory. The company’s new Model X sport-utility vehicles were stacking up in the repair yard with misaligned parts. Tesla took the unusual step of placing more than a dozen workers at the end of the assembly line who whacked…