Last week, Macy’s and J.C. Penney announced plans to turn around poor performance for their respective businesses. This is not a new issue for either firm. Both former retail giants have been in a downward spiral for many years. Executive management changes and different strategic directions — from everyday low prices to mobile checkout stations […]
A Legacy of Bad Decisions and Mortgage Banking Read More »
A few short years ago, there was no hotter car company than Tesla who was touted as the next great thing in automobile manufacturing. Recently, the company has fallen on difficult times. In Barron’s last week, Bob Lutz, a former Vice Chairman of General Motors, commented on Tesla’s current situation: “It’s an automobile company that
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This past Sunday, the professional football season got underway and my Philadelphia Eagles played the Cleveland Browns. The Cleveland Browns were once a winning franchise, but have had hard times in recent years. This last year, they brought in a new coach and added 17 new players to their team. However, even with the
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