Stop the ‘jobless recovery’ madness!

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

Description:  An economy that isn’t creating employment opportunities simply isn’t doing its job. Source: CNNMoney.com Date: 11/06/2009 Link: http://money.cnn.com/2009/11/06/news/economy/jobless.recovery.fortune/index.htm?postversion=2009110614 Questions for discussion:  Summarize the concern for economic recovery that was expressed in this report. Why is it so critical that employment start improving? What do you believe would cause businesses to increase hiring? Explain your… Read more »

Buffett buying Burlington rail in his biggest deal

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 6 Managing Financial Resources.

Description: Warren Buffett’s Berkshire Hathaway Inc will pay $26 billion to buy out Burlington Northern Santa Fe Corp in a bet the nation’s largest rail company will benefit from a recovering U.S. economy. Source: Reuters.com Date: 11/03/2009 Link: http://www.reuters.com/article/topNews/idUSTRE5A22A720091103 Questions for discussion: Do you think this investment will turn out to be a good one… Read more »

Skype Founders Join Buyout Group, Drop Litigation

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business.

Description: The founders of Skype agreed to join the investor group buying the Internet-calling service from EBay Inc. and to drop litigation that had threatened to shut down the company. Source: Bloomberg.com Date: 11/06/2009 Link:  http://www.bloomberg.com/apps/news?pid=20601204&sid=armXJAA3nReg Questions for discussion:  Do you think Skype should be managed independently of EBay or as a part of it? … Read more »

Home-Price Index of 20 U.S. Cities Up for Third Month

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

Description: A gauge of home prices in 20 U.S. cities rose in August for a third consecutive month, bolstering the case that an economic recovery is at hand. Source: Bloomberg.com Date: 10/27/2009 Link:  http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aBvc2corjATg Questions for discussion:  Summarize the ideas expressed in this article relating home sales to the economy. Explain why home prices and… Read more »

Wikipedia founder in HP online magazine print deal

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

Description: The founder of online encyclopedia Wikipedia said on Wednesday he had entered into a partnership with computer company Hewlett Packard that will allow users to create and print magazines. Source: Reuters.com Date: 10/21/2009 Link:  http://www.reuters.com/article/technologyNews/idUSTRE59K4MX20091021 Questions for discussion: Do you think this business model of on-demand magazine printing will become popular? Who do you… Read more »

New highs, but now a big test.

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

Description: Goldman Sachs, Bank of America, Google, IBM and Intel are among the heavy-hitters due to open their books, giving the rally its first big challenge in weeks. Source: CNNMoney.com Date: 10/11/2009 Keys: Finance (p558), Economy (p66) Link: http://money.cnn.com/2009/10/11/markets/sunday_lookahead/index.htm?postversion=2009101107 Questions for discussion:  Explain why financial information released this week by these firms will likely influence… Read more »

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 »