TGI Fridays CEO says ending the tipped minimum wage would result in higher prices, fewer hours for waitstaff

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Description: TGI Fridays CEO Ray Blanchette said that President Joe Biden’s proposal to eliminate the tipped minimum wage would likely result in fewer hours for the chain’s waitstaff and higher menu prices. Source: CNBC.com – video report Date: Jan 22, 2021 Link: https://www.cnbc.com/2021/01/22/tgi-fridays-ceo-says-ending-the-tipped-minimum-wage-would-boost-prices.html Questions for discussion: What are the arguments for and against the decision… Read more »

Chevrolet Partners With Disney For Bolt Reveal

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Description: Chevrolet is teaming up with Walt Disney World to reveal the all-electric Chevrolet Bolt EUV and Bolt EV on Feb. 14. Source: MediaPost.com – video report Date: Jan 20, 2021 Link: https://www.mediapost.com/publications/article/359734/chevrolet-partners-with-disney-for-bolt-reveal.html?utm_source=newsletter&utm_medium=email&utm_content=headline&utm_campaign=121157&hashid=7T9TCmQZSDGbnu-424RuBQ Questions for discussion: Do you think co-branding is a good idea for Disney and GM? What are the risks and benefits for… Read more »

How to Break Into Retail With a Niche Product, According to Whole Foods CEO John Mackey

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Description: Mackey, co-founder and CEO of Whole Foods Market, talks retail expansion and new product development with fellow Texas entrepreneur Aishwarya Iyer, founder of olive oil upstart Brightland. Source: INC.com Date: Jan 20, 2021 Link: https://www.inc.com/magazine/202102/graham-winfrey/whole-foods-brightland-john-mackey-aishwarya-iyer-mentorship.html Questions for discussion: What is the formula for success, as recommended in this report? Develop a brief business plan… Read more »

Godiva closing 128 stores in North America, including all 11 in Canada

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Description: COVID-19 has been far from sweet for Godiva, which has decided to sell or close its stores across North America. Source: CBC.ca Date: Jan 22, 2021 Link: https://www.cbc.ca/news/business/godiva-stores-1.5883575 Questions for discussion: Why is the firm closing its retail outlets? Is it necessary for a firm like Godiva to own these outlets? How should distribution… Read more »

How Bitcoin tanked on a false ‘double spend’ rumor

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Description: Bitcoin fell around 15% on Thursday, briefly tumbling below $30,000 before rallying later in the day. This is hardly the first time the price has swung wildly—volatility is Bitcoin’s hallmark—but Thursday’s events are notable because they were partly triggered by false rumors of an existential event: a double-spend. Source: Fortune.com – video report Date:… Read more »

Fast-Growing Alternative To Facebook And Twitter Finds Post-Trump Surge ‘Messy’

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Description: The alternative social network MeWe had 12 million users at the end of 2020. Barely three weeks into 2021 — and two since a right-wing mob attacked the U.S. Capitol — the company says it’s now passed 16 million. Source: NPR.org Date: Jan 22, 2021 Link: https://www.npr.org/2021/01/22/958877682/fast-growing-alternative-to-facebook-twitter-finds-right-wing-surge-messy Questions for discussion: Summarize the conflicting issues… Read more »

After Rocky Start, Opportunity Zones Could Boom In 2021

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Description: President-elect Joe Biden and his administration are keen to undo much of what their predecessors did. Yet when it comes to one flagging Trump initiative— the opportunity zone program— Biden and the Democrat-controlled Congress could actually provide a big boost. Source: Forbes.com Date: Jan 15, 2021 Link: https://www.forbes.com/sites/jasonbisnoff/2021/01/15/after-rocky-start-opportunity-zones-could-boom-in-2021/?sh=52d4567d6cd4 Questions for discussion: What are opportunity… Read more »

Bucs lineman Ndamukong Suh uses Warren Buffett’s advice to navigate market turmoil

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Description: National Football League lineman Ndamukong Suh tries to speak with Warren Buffett quarterly to catch up and solicit investment advice. Source: CNBC.com Date: Jan 17, 2021 Link: https://www.cnbc.com/2021/01/17/nfl-buccaneers-ndamukong-suh-using-warren-buffetts-advice.html Questions for discussion: Summarize the business and investing thinking of Ndamukong Suh, as presented in this report? Do you think these lessons should be generally accepted… Read more »

Tesla Might Finally Have Some Competition. From Ford.

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Description: Traditional automakers have struggled to sell electric cars. That could change as Ford, Volkswagen and others introduce new models. Source: NYTimes.com Date: Jan 15, 2021 Link: https://www.nytimes.com/2021/01/15/business/ford-mustang-ev-tesla.html?auth=login-email&login=email Questions for discussion: Do you think Ford can gain on Tesla in the race to attract EV buyers? How important do you think the company brand is… Read more »

Canadian tech startup poised to bring standardized health info to the masses

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Description: Standardizing the world’s health knowledge so that everyone can get the best care possible seems like a lofty mission for one company, but if any Canadian health-tech startup can make it happen, Think Research Corp. may be the safest bet. Source: FinancialPost.com Date: Jan 15, 2021 Link: https://financialpost.com/technology/canadian-tech-startup-poised-to-bring-standardized-health-info-to-the-masses Questions for discussion: Summarize the implications… Read more »