Dow jumps 500 points, heads for biggest weekly gain since 1938

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Description: The Dow Jones Industrial Average rallied on Thursday, wrapping up its best week in more than 80 years, after the Federal Reserve gave more details on how it will support the economy amid the coronavirus pandemic. Source: CNBC.com – video report Date: Apr 08, 2020 Link: https://www.cnbc.com/2020/04/08/stock-market-futures-open-to-close-news.html Questions for discussion: Summarize the highlights in this report. Why… Read more »

Panera Bread is selling groceries as restaurant sales plummet

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: Panera Bread is selling groceries as housebound consumers eat fewer meals from restaurants. Source: CNBC.com Date: Apr 08, 2020 Link: https://www.cnbc.com/2020/04/08/panera-bread-is-selling-groceries-as-restaurant-sales-plummet.html Questions for discussion: Create a SWOT analysis that focuses on Panera at this time of pandemic? Do you think the idea of distributing groceries is a good idea? What other ideas would you… Read more »

Heroes of the pandemic: How one man’s obsession with painted drywall helped the COVID-19 fight

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Description: For computer science whiz and big thinker Dave Caputo, suddenly it all seemed perfectly clear Source: NationalPost.com Date: Apr 08, 2020 Link: https://nationalpost.com/news/canada/heroes-of-the-pandemic-how-one-mans-obsession-with-painted-drywall-helped-the-covid-19-fight?utm_term=Autofeed&utm_medium=Social&utm_source=Facebook&fbclid=IwAR33N30Hd25nwftFPEaW-ohyuxq7kGmF4RL0KM8M7u1ZkP8y3yvoCHv-s2A# Questions for discussion: What does the article suggest about small business management and creative thinking during a crisis? How did this solution to a problem help mitigate business and employment problems… Read more »

Quibi Is Jeffrey Katzenberg’s $1.7 Billion Gamble

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Description: Jeffrey Katzenberg has nearly 50 years of entertainment experience and a massive war chest. Neither of those things guarantee success for his new mobile video service. Source: INC.com Date: Apr 03, 2020 Link: https://www.inc.com/matt-haber/quibi-mobile-video-jeffrey-katzenberg-startup.html?utm_source=incthismorning Questions for discussion: Do you think the business model will work? How would you improve chances for success? Who will… Read more »

Watch Tesla Design Ventilators Using Mostly Model 3 Parts

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Description: Tesla posted a video to its YouTube channel that shows Tesla engineers working on designing ventilators out of mainly Tesla Model 3 parts. It’s pretty amazing to see how many existing Tesla parts can be repurposed into assembling a ventilator. Source: InsideEVS.com Date: Apr 05, 2020 Link: https://insideevs.com/news/408057/tesla-making-ventilators-from-model-3-parts/ Questions for discussion: How does the publicity from this… Read more »

Cineplex will keep its 165 movie theatres across Canada closed indefinitely

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Description: Canada’s largest movie exhibitor, Cineplex Inc., will keep its doors closed nationwide into the foreseeable future amid the COVID-19 pandemic. Source: CBC.ca Date: Apr 01, 2020 Link: https://www.cbc.ca/news/business/cineplex-coronavirus-1.5517694 Questions for discussion: What is the situation facing the firm? Can this business model survive the new social and entertainment consumer environment, once the Covid –… Read more »

The U.S. Tried to Build a New Fleet of Ventilators. The Mission Failed.

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Description: As the coronavirus spreads, the collapse of the project helps explain America’s acute shortage. Source: NYTimes.com Date: Mar 29, 2020 Link: https://www.nytimes.com/2020/03/29/business/coronavirus-us-ventilator-shortage.html Questions for discussion: What does the article say is the primary reason for the failure to produce an inexpensive ventilator? Could this issue have been avoided if multiple governments around the world… Read more »

COVID-19 Will Turbocharge Legal Industry Transformation

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Description: The 2019 novel coronavirus (COVID-19) is attacking the health, financial welfare, social order and political stability of nations across the globe. At a time when millions are fighting to survive illness, financial hardship, political upheaval, and other existential threats, it is difficult to look beyond the moment. The scourge of COVID-19 will pass. When, at what… Read more »

PG&E reaches bankruptcy deal with California governor

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Description: Pacific Gas & Electric and California Gov. Gavin Newsom announced a deal Friday for the nation’s largest utility to emerge from bankruptcy triggered by massive liabilities from wildfires. Source: CNBC.com – video report Date: Mar 20, 2020 Link: https://www.cnbc.com/2020/03/20/pge-reaches-bankruptcy-deal-with-california-governor.html Questions for discussion: What are the implications for Californians going forward? How will management decisions be… Read more »

Canadian bank dividends are safe despite headwinds, analysts say

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Description: Shares of Canadian banks have been crushed along with the rest of the market, and that has sent their dividend yields up from the 3.5 per cent level to more than six per cent. Source: BNNBloomberg.com – video report Date: Mar 25, 2020 Link: https://www.bnnbloomberg.ca/canadian-bank-dividends-are-safe-despite-headwinds-analysts-say-1.1412314 Questions for discussion: What is the connection between bank… Read more »