Published by Promoting Economic Pluralism
Low-cost US carrier Spirit Airlines has said that all of its flights have been cancelled as it started an “orderly wind-down of operations,” after a potential White House bailout fell …
Spirit Airlines begins ‘wind-down’, cancels all flights over fuel crisis Read More
Karthik started working as a “productologist” for Builder.ai in 2022. In another company, the role — assisting customers in building software — might have been called a product manager. But “productologist” …
Inside the collapse of Builder.ai: Was it even an AI company? Read More
The German term “Zeitenwende,” which literally translates to “a change of times,” is being used rather frequently in German politics at the moment. Coined by German Chancellor Olaf Scholz to address the new foreign and …
How the VW crisis is a failure of Germany’s car policy Read More
When one of China’s once-popular electric vehicle startups went bust, car owners encountered an unexpected problem: Their vehicles went “offline.” Richard Qian didn’t know what to expect when he heard …
When EV startups shut down, will their cars still work? Read More
SunPower, a Silicon Valley solar pioneer, filed for bankruptcy in Delaware yesterday, marking the collapse of a onetime icon of American solar. The company will sell some of its assets to the recently formed residential installer Complete Solaria, …
SunPower, a solar icon once valued in the billions, files for bankruptcy Read More
NEW YORK (AP) — They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the …
Zombies: Ranks of world’s most debt-hobbled companies are soaring, and not all will survive Read More
How bankruptcy lets oil and gas companies evade cleanup rules. A battle over who is responsible for cleaning up hundreds of oil and gas rigs in the Gulf of Mexico …
How bankruptcy lets oil companies evade cleanup Read More