It is the 25th of June 2017

News

Chinese Carmakers, Volkswagen, BMW Roll Out "Tesla Killers"

The much anticipated Tesla Model 3 has yet to be released and already a groundswell of electric car competition is forming to challenge Elon Musk's upcoming offering. Start in China, where the Model 3 is not due to arrive until next year, but already Chinese-funded, smart, connected plug-in car start-ups are scrambling to launch "Tesla killer" cars to go head-to-head against Tesla "mass market" sedan.

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"This Is A Cash-Burning Machine" - Uber Opens Up Its Books, Shows Staggering Losses

Amid a sudden and seemingly endless stream of public relations disasters (senior execs leaving, sexual harrassment scandals, uncomfortable video clips, self-driving car fiascos, secret software programs, and mishandled DUIs), Uber opened up its books to Bloomberg, prompting one analyst to exclaim "this is a cash-burniung machine."

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Krunch Time for Korean Krackpot Despot, Kim Jong-Un: Missile Crisis Countdown Has Begun

The following article by David Haggith was first published on The Great Recession Blog:

Kim Jong-un watches nuclear test

The Korean missile crisis has never been hotter. Trump is turning the screws on everyone to force action. China, Japan, and South Korea join in threatening Kim Jong-un with imminent war, but North Korea’s crackpot despot isn’t backing down.

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