Want a job on Wall Street? Good luck.

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives.

Description: Job cuts in the financial world are expected to persist for some time. But there are bright spots for MBAs, bond traders and investment bankers. Source: CNNMoney.com Date: 10/03/2009 Keys: HR (p286), Economy (p66) Link: http://money.cnn.com/2009/09/30/news/companies/wall_street_jobs/index.htm?postversion=2009100320 Questions for discussion:  Are there any differences in the hiring and firing practices of Wall Street HR departments… Read more »

Three more U.S. banks closed, nearly 100 for year

Posted by & filed under Part 1 Business in a Global Environment.

Description: Three U.S. banks failed on Friday, bringing the total to 98 this year, as regulators continue to shutter financial institutions that are overwhelmed by bad loans and liquidity problems. Source: Reuters.com Date: 10/02/2009 Keys: Banking (p558), Economy (p66) Link:  http://www.reuters.com/article/ousivMolt/idUSTRE59208120091003 Questions for discussion: How are banks similar and yet different from other businesses? Why… Read more »

Bullish Estimates Fail to Keep Up With S&P 500 Gain

Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: Strategists at Wall Street’s biggest securities firms can’t keep up with the Standard & Poor’s 500 Index after the steepest surge since the 1930s. Source: Bloomberg.com Date: 9/23/2009 Keys: Stock markets, economy Link: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=azdTAKZ2QQ7w Questions for discussion: Summarize the explanations for the rise in stock markets as well as the arguments saying they are… Read more »

Riding the bull a little longer

Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description: The momentum that boosted the Dow, S&P 500 and Nasdaq to nearly one-year highs looks to reassert itself in the week ahead. Fed meeting, housing reports, G-20 summit on tap. Source: CNNMoney.com Date: 9/20/2009 Keys: Investing, stock market Link:  http://money.cnn.com/2009/09/18/markets/sunday_lookahead/index.htm?postversion=2009092008 Questions for discussion: Based on the report, do you believe the stock markets will… Read more »

Reviving historical sites

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

Description:  Global Heritage Fund restores ancient architectural monuments and brings tourism to the poorest countries of the world. Source: CNNMoney – video report   Date: 9/03/2009   Keys: International business, marketing,  small business Link: http://money.cnn.com/video/news/2009/09/03/n_cc_global_heritage_fund.cnnmoney/ Questions for discussion: What do you think of this concept? Will it be successful? Explain your thinking? How would you… Read more »

Intel raises outlook on PC sales optimism

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

Chipmaker says demand for microchips will be better than expected in the current quarter. Raises sales and gross margin estimates. Source: CNNMoney.com Date: 8/28/2009 Keys: Marketing, economy Link:  http://money.cnn.com/2009/08/28/technology/intel_raises_outlook/index.htm?postversion=2009082809 Questions for discussion: Why are Intel’s projections an important indication of future economic activity for firms such as computer and other electronics manufacturers? Why do you… Read more »

The top 10 highest paid CEOs are…

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives.

Ten CEOs take home more than $70 million in 2008, with Blackstone’s Stephen Schwarzman topping the list with more than $700 million in compensation. Source: CNNMoney.com Date: 8/14/2009 Keys: Management, HR, government Link:  http://money.cnn.com/2009/08/14/news/companies/highest_paid_ceos/index.htm?postversion=2009081410 Questions for discussion: Compensation for work done is a controversial topic and often receives great public attention when the numbers are… Read more »

U.S. Stocks Fall on Concern Rally Outpaced Recovery Prospects

Posted by & filed under Part 1 Business in a Global Environment.

U.S. stocks slid, capping the first weekly drop for the Standard & Poor’s 500 Index in more than a month, as lower-than-estimated consumer confidence added to concern a five-month rally outpaced prospects for the economy. Source: Bloomberg.com Date: 8/14/2009 Keys: Stock market, economy, finance, investing, business cycle Link: http://www.bloomberg.com/apps/news?pid=20601103&sid=aAXWJXOKPGC4 Questions for discussion: Do you agree… Read more »

China’s $300 billion bullet train

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

Multinationals like IBM and Bombardier stand to profit from China’s new high-speed rail system.  Source: CNNMoney – video report   Date: 8/05/2009 Keys: International business, economy, government, management, finance, banking, strategic alliances Link: http://money.cnn.com/video/fortune/2009/08/05/f_fr_china_bullet_train.fortune/ Questions for discussion: Summarize the current and longer term benefits to the Chinese economy associated with the building of the bullet… Read more »

Half of mortgage borrowers will be ‘underwater’

Posted by & filed under Part 1 Business in a Global Environment, Part 4: Marketing Management.

An estimated 25 million borrowers will owe more than their house is worth by 2011. Source: CNNMoney.com Date: 8/06/2009 Keys: Marketing, pricing, consumer behavior, economy, government Link:  http://money.cnn.com/2009/08/06/real_estate/underwaterworld/index.htm?postversion=2009080615 Questions for discussion: Research suggests that the current and expected value of a home influences the homeowner’s attitude towards spending. Explain why this would be true. How… Read more »