Leaving New York: High earners in finance and tech explain why they left the ‘world’s greatest city’

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Description: Brenan Hefner is one of thousands of high earners who’ve left New York this year, an exodus that is deepening concerns over a projected $9 billion budget shortfall. Source: CNBC.com Date: Oct 31, 2020 Link: https://www.cnbc.com/2020/10/31/why-high-earners-in-finance-and-tech-left-new-york-city.html Questions for discussion: Why are some people leaving New York city, according to the report? How has Covid19… Read more »

Canada Goose Sales Beat With Mainland China Back to Growth

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: Parka maker Canada Goose Holdings Inc. posted better-than-expected revenue, showing the pandemic slump is easing just in time for the crucial winter period. “This is a strong backdrop as we head into peak Canada Goose season,” Chief Executive Officer Dani Reiss said in a statemen Source: Bloomberg.com Date: Nov 05, 2020 Link: https://www.bloomberg.com/news/articles/2020-11-05/canada-goose-revenue-beats-with-mainland-china-back-to-growth Questions for discussion: What… Read more »

Increased Screen Time for Children and Teens Is Likely Here to Stay

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Description: The screen-time wars are over in many households, with parents having surrendered en masse. In a period when large numbers of parents and school kids are stuck at home with one another, this is one battle many parents choose to forego, at least for now. Source: eMarketers.com Date: Nov 04, 2020 Link: https://www.emarketer.com/content/increased-screen-time-children-teens-likely-here-stay?ecid=NL1001 Questions… Read more »

Why Isn’t Your Brand Bigger? The Data Point to One Answer

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Description: Gallup’s workplace data suggest that the most likely cause of your brand problems is not related to marketing dollars. Source: Gallup.org Date: Nov 04, 2020 Link: https://www.gallup.com/workplace/323165/why-isn-brand-bigger-data-point-one-answer.aspx Questions for discussion: What does the Ed Boyle say is misunderstood by most businesses? What should management focus on in order to improve their brand and profitability?… Read more »

Apple tops estimates but iPhone revenue disappoints

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Description: Yahoo Finance’s Brian Sozzi and Alexis Christoforous break down Apple’s latest earnings report with CFRA Analyst, Angelo Zino. Source: Yahoo.Finance.com – video report Date: Oct 30, 2020 Link: https://finance.yahoo.com/video/apple-tops-estimates-iphone-revenue-140426167.html Questions for discussion: What explains Apple’s stock price performance, according to the report? How important is iPhone to investors’ perceptions of the company’s performance? Why… Read more »

Zoom Is Now Worth More Than ExxonMobil—And Founder Eric Yuan’s Net Worth Has Nearly Doubled In Three Months

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Description: High-flying video conferencing service Zoom, which has seen skyrocketing demand during the coronavirus pandemic, is now worth more than ExxonMobil, one of the world’s largest oil and gas companies. Source: Forbes.com Date: Oct 29, 2020 Link: https://www.forbes.com/sites/sergeiklebnikov/2020/10/29/zoom-is-now-worth-more-than-exxonmobil-and-founder-eric-yuans-net-worth-has-nearly-doubled-in-three-months/#41865ea61002 Questions for discussion: Explain the sudden rise in value of Zoom? How can Zoom earn more revenue?… Read more »

Reddit won’t lower employee pay if they move out of high-cost cities like San Francisco

Posted by & filed under Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information.

Description: Reddit said Tuesday it won’t lower pay for employees who choose to move out of high-cost cities following the coronavirus pandemic. That means employees will be compensated as if they live in places like San Francisco, where Reddit is headquartered, even if they move to a much cheaper locale. Source: CNBC.com Date: Ocy 27,… Read more »

Canadian entrepreneur launching T. Kettle tea chain from the ashes of 45 shuttered DavidsTea locations

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Description: Doug Putman owns Sunrise Records and bought HMV out of insolvency Source: CBC.ca Date: Oct 28, 2020 Link: https://www.cbc.ca/news/business/t-kettle-doug-putman-1.5779901 Questions for discussion: Describe how bankruptcy can present an opportunity to launch a new business? Do you think the revised business plan makes sense with today’s retailing challenges?

Opinion | Kara Swisher Talks Big Tech Monopolies and the Google Antitrust Case with Lina Khan

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Description: Opinion | Kara Swisher Talks Big Tech Monopolies and the Google Antitrust Case with Lina Khan Source: NYTimes.com – podcast Date: Oct 30, 2020 Link: https://www.nytimes.com/2020/10/29/opinion/sway-kara-swisher-lina-khan.html Questions for discussion: What are the issues relating to the tech monopolies? How do you think the conflict between the parties will play out? How will the results… Read more »

Opinion: Apple, Amazon, Facebook and Google all produce record sales amid Big Tech backlash

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Description: Amid congressional tongue-lashing, antitrust issues and pandemic, Big Tech earnings soar again Source: MarketWatch.com Date: Oct 29, 2020 Link: https://www.marketwatch.com/story/apple-amazon-facebook-and-google-all-produce-record-sales-amid-big-tech-backlash-11604020309?mod=home-page Questions for discussion: Summarize what is happening at these tech firms and why? What sort of future do you see for these firms over the next six months? Explain your thinking and advice to… Read more »