Description: U.S. stocks rose for a third week, sending the Standard & Poor’s 500 Index to a two-year high, as stronger-than-estimated data on retail sales, manufacturing and housing boosted confidence in the economic recovery. Source: Businessweek.com  Date: 12/18/2010 Link: http://www.businessweek.com/news/2010-12-18/u-s-stocks-rally-a-third-week-on-earnings-economic-data.html Questions for discussion: Summarize the highlights of this report. Why has the stock market… Read more »
Posts Tagged: The Financial System (p558)
Three Reason’s Facebook’s Revenue Surge Is Even Better Than It Looks
Description: If TIME Magazine didn’t tell you already, 2010 was the year of Facebook, but not just because its founder, Mark Zuckerberg, had a newsworthy year, no matter how you slice it. Source: BNET.com Date: 12/17/2010 Link: http://www.bnet.com/blog/new-media/three-reason-8217s-facebook-8217s-revenue-surge-is-even-better-than-it-looks/6874?tag=mantle_skin;content Questions for discussion: Summarize the opinions expressed in this interview. Do you think the Facebook phenomena and… Read more »
What’s a Quiet Guy Doing on Real Estate’s A-List?
Description: WHEN General Growth Properties buckled under a mountain of debt and filed for bankruptcy last year, deal watchers assumed that Simon Properties, the nation’s largest mall owner, would swoop in and buy it. So many people were stunned when Brookfield Asset Management, a lesser-known company that is based in Toronto, beat out Simon last… Read more »
A drive through ‘foreclosure row’
A drive through ‘foreclosure row’ Description: A local realtor gives a tour of the Southern California planned community whose streets are marked by foreclosures and short sales. Source:  CNNMoney.com ñ video report Date: 12/07/2010 Cat ñTags:  1, 6: Economic Challenges Facing Contemporary Business (p66), The Financial System (p558), Financing Management (p590) Link: http://money.cnn.com/video/pf/2010/12/06/pf_ladera_ranch_devon_hocker.cnnmoney/ <object width=”384″… Read more »
Tax cuts: More money in your pocket
Tax cuts: More money in your pocket Description: With the extension of the Bush tax cuts, a payroll tax holiday will put 2% of many workers’ annual paycheck back in their pockets. Source:  CNNMoney.com ñ video report Date: 12/07/2010 Cat ñTags:  1, 6: Economic Challenges Facing Contemporary Business (p66), The Financial System (p558), Financing… Read more »
Tax Package Will Aid Nearly All, Especially Highest Earners
Description:The deal to extend the Bush-era tax cuts for two years includes a bevy of additional credits and deductions that will reduce the burden on nearly all households. Source: NYTimes.com Date: 12/07/2010 Link: http://www.nytimes.com/2010/12/08/us/politics/08impact.html?ref=business Questions for discussion: Summarize the basic agreement that was reached for taxes. What are the basic arguments over who should pay… Read more »
Seattle stadiums greener than grass
Description: Qwest Field and the ShoWare Center are two of the most energy efficient stadiums in sports. See how they do it. Source: CNNMoney.com – video report Date: 12/03/2010 Link: http://money.cnn.com/video/news/2010/12/02/n_green_seattle_sports.cnnmoney/ Questions for discussion: Is the effort to “go green†paying these businesses back more than the money saved in operating expenses? Why is this… Read more »
Groupon reportedly spurns Google’s billions
Description: Groupon Inc. has walked away from a Google Inc. acquisition offer worth as much as $6 billion, according to reports late Friday, appearing to set the stage for a Groupon IPO as soon as next year. Source: Marketwatch.com – video report  Date: 12/04/2010 Link: http://www.marketwatch.com/story/groupon-reportedly-spurns-google-merger-2010-12-04 Questions for discussion: Do you think Groupon is… Read more »
Macy’s: They’re buying; we’re hiring
Description: CEO Terry Lundgren says Macy’s has taken on extra staff to cope with holiday demand and expects to create permanent positions as well. Source: CNNMoney.com – video report Date: 11/26/2010 Link: http://money.cnn.com/video/news/2010/11/26/n_co_macys.cnnmoney/ Questions for discussion: How well is Macy’s shopping season going so far? Why is the business activity at Macy indicative of economic… Read more »
Investors cheer GM debut
Description: The automaker’s stock debuted at $35 a share, a 6% premium from the offering price, raising investor hope that GM will become a Wall Street darling. Source: CNNMoney.com – video report Date: 11/18/2010 Link: http://money.cnn.com/video/markets/2010/11/18/mkts_gm_ipo.cnnmoney/ Questions for discussion: Was the government’s decision to re-finance GM a good choice financially and socially speaking? Do you… Read more »