Automobile Industry Average Financial Ratios

The automotive industry consists of many companies that span the globe, with a total value of $2.7 trillion. The industry includes not only the major auto manufacturers but a variety of firms whose principal business is related to the manufacturing, design, or marketing of automotive parts or vehicles. Since these companies make similar products and…

Top 15 food mixes that should be banned, stop with your shitty tastes

When you cook and you eat, it’s like driving, you shouldn’t do anything (like driving in the wrong direction or making Y turns on the highway, you’ll know). Because then you end up with people who deserve death when they eat and that creates imbalances in society. So if you don’t want to be run…

Bank of England Cuts Rates to Stem Coronavirus Crisis

The Bank of England has cut interest rates by 50 basis points to 0.25% as it anticipates “an economic shock that could prove sharp and large, but should be temporary.” The Monetary Policy Committee (MPC) voted unanimously for the emergency cut and other measures in a package to support the economy. It includes the introduction of a…

Uber and Lyft Unlikely to Meet Profitability Targets

Ride-share companies Lyft, Inc. (LYFT) and Uber Technologies, Inc. (UBER) have been pummeled in recent weeks, dumping these volatile issues into and through their 2019 lows. Of course, the coronavirus outbreak is to blame, but investors are just now realizing these companies probably won’t be profitable by the dates they’ve told Wall Street, and even…