Could Ford Buy Tesla? Here’s How Likely A “Doomsday” Scenario Is

Former Tesla bulls have been bailing on the company. The stock continues to drop. Bond prices are at low levels. The auto maker is burning through $1 billion in cash a quarter, the cash from the latest $2.7 billion funding round will be gone within ten months, and demand is falling off. One of the […]

Term Sheet — Friday, May 24

THE STUDENT DEBT BUBBLE Good morning, Term Sheet readers. America’s student loan debt problem is nearing a full-blown crisis. Outstanding student debt hit $1.5 trillion for the first time ever in 2018, and it doesn’t seem to be getting better. In fact, it appears that the trend is only accelerating when you consider that student […]

The Best Business Documentaries to Watch This Weekend

If you’re like me, there’s nothing you enjoy doing more than drinking a fine glass of wine while watching your favorite business documentary. Two that I’ve seen recently seen and enjoyed include Panic and Minimalism. (As my editor said, “Polina, you need a hobby that doesn’t involve financial services…”) ?_(?)_/? (As my editor said, “Polina, […]

Governance Experts on Boeing: ‘There Is Something Wrong with the Board’

As Boeing takes steps to get its embattled 737 MAX aircraft up and flying again, investigations and lawsuits continue to pile up in the aftermath of October’s Lion Air Flight 610 crash and March’s Ethiopian Airlines Flight 302 accident, taking a total of 346 lives. The crisis has caused frustrated stakeholders and corporate governance experts […]

Bank CEO Charged With Approving Risky Manafort Loans In Hopes of Landing Army Job

Stephen Calk, the one-time CEO of the Federal Savings Bank of Chicago, has been charged by the Justice Department of approving risky loans in exchange for a position in the Trump administration. Prosecutors on Thursday unsealed the indictment, saying Calk approved $16 million in high-risk loans, reportedly to former Trump campaign manager Paul Manafort, with […]

Term Sheet — Thursday, May 23

CRACKING DOWN Margrethe Vestager is the woman Silicon Valley fears most. In a new feature, Fortune’s Geoff Smith explains how Vestager, the European Commissioner for Competition, could be on course for the top job in the European Union’s powerful bureaucracy. Vestager stands to be one of the biggest winners from this week’s elections to the […]

What a Radical Greek Economist Hopes to Gain in the EU Election

Nothing has ever been subtle with Yanis Varoufakis, the leather-jacketed, motorbike-riding economist who was finance minister of Greece for six of the most tumultuous months in that country’s history. Plain-spoken (to say the least) and a self-professed radical, he is, at 58, not nearly done waging war on Europe’s major power players. This week, he […]