Description: Provinces should make financial literacy a mandatory high school class of its own, experts say Source: CBC.ca – video report Date: Nov 30, 2022 Link: https://www.cbc.ca/news/business/financial-literacy-high-school-1.6668510 Questions for discussion: What are the main financial literacy issues facing students, according to the report? What are your primary concerns? Do you feel this textbook and class… Read more »
Posts Categorized: Part 1 Business in a Global Environment
In defensive interview, Sam Bankman-Fried claims he’s broke and committed no fraud
Description: Former FTX CEO Sam Bankman-Fried, in possibly the understatement of 2022, said Wednesday, “I’ve had a bad month.” The former billionaire added that he “didn’t do a good job” at upholding his responsibilities to regulators, customers and investors in a hotly anticipated conversation with CNBC’s Andrew Ross Sorkin at the DealBook Summit. Source: CNBC.com… Read more »
Have the Anticapitalists Reached Harvard Business School?
Description: Social justice joins discounted cash flows on the syllabus as essential knowledge for aspiring corporate leaders. Source: NYTimes.com Date: Nov 28, 2022 Link: https://www.nytimes.com/2022/11/28/business/business-school-social-justice.html?smid=em-share Questions for discussion: What are the main arguments presented in this article? Where do you stand on these questions? What do you believe are the obligations of the corporation to… Read more »
Layoffs mount, and Main Street still can’t find any workers to hire for open jobs
Description: When it comes to salary, small business owners generally don’t play in the same league as larger companies.It’s even trickier now in a tight labor market with rising wages and with more states and municipalities posting salary ranges, which stand to make small businesses look even less appealing from a salary perspective. Source: CNBC.com –… Read more »
Billionaire Richard Branson Says What Separates Great Leaders From The Pack Really Comes Down to 1 Word
Description: One of the biggest myths surrounding this leadership strength is that it’s a sign of weakness. Source: INC.com Date: Nov 21, 2022 Link: https://www.inc.com/marcel-schwantes/billionaire-richard-branson-says-what-separates-great-leaders-from-pack-really-comes-down-1-word.html?utm_source=newsletters&utm_medium=email&utm_campaign=IncThisMorning-Nov%2021,%202022&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGIPkvuhoqMJn1cduF9-akeSp44Gjb4lB4EON3hbn9ZL_EWJKCGm5wSFAM9YLLYOHAd29e2ZJfhXDvkF_pcb1lUkyziXetJFruu_SOz0A Questions for discussion: Summarize what Richard Branson says about great leadership. What do you think about this position? What else do you think makes for a great leader?
One in Four Workers Still Fear Catching COVID-19 at Work
Description: WASHINGTON, D.C. — U.S. workers’ fear of contracting COVID-19 on the job has waned over the course of the pandemic, but a certain amount of unease persists. About one in four employed adults still say they are “very” (6%) or “moderately” (20%) concerned about being exposed to the coronavirus at work, while a third… Read more »
Think gasoline is expensive? It’s cheap compared to diesel — and it’s making inflation worse
Description: Demand for diesel is high and steady, while supply has never been lower Source: CBC.ca Date: Nov 19, 2022 Link: https://www.cbc.ca/news/business/diesel-price-explainer-1.6656228 Questions for discussion: Why are diesel prices so high? How does this affect inflation? What are the alternatives for businesses and consumers in the short and long run?
Elon Musk’s backers cheer him on, even if they aren’t sure what he’s doing to Twitter
Description: Elon Musk’s acquisition of Twitter has not exactly taken off like a rocket. After trying desperately to get out of the $44 billion purchase, he faced a court battle for reneging. So he went through with it, while complaining that he was “obviously overpaying.” Mass layoffs and mass resignations have left Twitter a shadow… Read more »
Iger announces first big moves in new tenure as Disney CEO: Restructuring and departure of Chapek right hand Kareem Daniel
Description: Bob Iger, less than 24 hours after returning to the helm of Disney, told employees Monday that the company would be undergoing a restructuring in coming weeks. One of the first steps, Iger announced, would be the departure of Kareem Daniel, the company’s head of media and entertainment, and right hand to now-departed CEO Bob… Read more »
You Can Forget About Crypto Now
Description: The industry’s latest meltdown is not like all the rest. Source: TheAtlantic.com Date: Nov 11, 2022 Link: https://www.theatlantic.com/technology/archive/2022/11/sam-bankman-fried-bankruptcy-crypto-ftx/672104/ Questions for discussion: Summarize what the article says are the reasons for the collapse of crypto? Why do you think it grew in popularity in the first place? Do you think crypto can be revived anytime… Read more »
