- Did Soros really give Tesla a “vote of confidence”?
- At a crypto conference in New York, it feels like 2017 all over again
- Egregious expectations - Intelsat edition
- Bitcoin cash is expanding into the void
- Stop getting The Flintstones wrong
- Bond investors do not care if Argentina is solvent in 100 years
- Ubiquiti Networks: of cash and borrowed time
- “We're very disappointed in you, Spotify”
- 'Sex redistribution' and the means of reproduction
- No entitlement crisis in America
- Free cash flow to whom?
- Hey crypto bros! Journalism ≠ advertising
- Human capital and the jobs guarantee
- This is a tech bubble, when's the crash?
- The magic of adjustments: ebitla-dee-da
- FUD, inglorious FUD
- A complex analysis reaches same conclusion as simple one: hedge funds suck
- The jobs guarantee and human-capital “nationalisation”
- These hedge fund numbers can't be right
- The Vomiting Camel has escaped from Bitcoin zoo
Not only are they burning cash, they have $230m of convertible debt maturing.
Water company Severn Trent hit the headlines (or should that be the ley lines?) earlier this week when it emerged that its engineers still used ancient divining, or “dowsing”, rods to find underground pipes – despite widely held scientific opinion that they don’t actually work. And, this morning, Severn Trent investors will be trying to divine the likely outcome of an upcoming regulatory price review – despite widely held opinion that these don’t work, either, writes Matthew Vincent.
The US motor industry resistance has begun, with General Motors leading the charge. A senior GM executive has defended the company’s use of Mexican plants, indicating it will not yield to political pressure to relocate manufacturing jobs to the US.
Despite ample reports suggesting the opposite, there is no hard proof self driving cars will necessarily be any cheaper, safer or economical than human-driven cars, let alone capable of displacing public transport systems on a mass level.