Description: The city is thriving, but many who scored a deal now face rent-renewal sticker shock. Rents rose 33 percent between January of 2021 and January this year, according to an online listing site. Source: NYTimes.com Date: Apr 08, 2022 Link: https://www.nytimes.com/2022/04/08/realestate/nyc-rent-cost.html Questions for discussion: What does this report illustrate about the laws of supply… Read more »
Posts Categorized: Part 6 Managing Financial Resources
Here’s where the jobs are — in one chart
Description: As Covid restrictions eased, rebounds in the leisure and hospitality and business sectors helped to drive a strong March jobs report.The U.S. economy added more than 400,000 jobs in the final month of the first quarter, the Labor Department said Friday. Source: CNBC.com Date: Apr 01, 2022 Link: https://www.cnbc.com/2022/04/01/where-the-jobs-are-march-2022-chart.html Questions for discussion: What do the… Read more »
Liquidation store ‘treasure hunt’ grows in popularity, helps online stores like Amazon
Description: Experts say increased online shopping driving growth of liquidation stores Source: CBC.ca Date: Apr 08, 2022 Link: https://www.cbc.ca/news/canada/ottawa/quick-pick-store-a-treasure-hunt-for-shoppers-1.6410353 Questions for discussion: Why is a liquidation store necessary for online business operators like Amazon? Who are the target customers, in your opinion? How is this store different from other discounters?
The Huge Endeavor to Produce a Tiny Microchip
Description: As the global chip shortage continues, we take an inside look at how semiconductors are fabricated. Source: NYTimes.com Date: Apr 08, 2022 Link: https://www.nytimes.com/2022/04/08/technology/intel-chip-shortage.html? Questions for discussion: What are the direct economic benefits due to investments in these plants? What are the factors of production needed in order to set up these plants? Given… Read more »
GameStop’s stock is on fire once again and here’s why
Description: Investors in GameStop are back on board a volatile roller coaster more than a year after the so-called “meme stock” phenomenon nabbed headlines in early 2021. While GameStop’s recent highs are not nearly as close to the surge last year (when its stock hovered around $400 a share at one point), experts have said the company’s… Read more »
Heineken and Carlsberg say they are leaving Russia.
Description: The brewing giants are quitting Russia as companies face pressure to completely pull out of the country. Source: NYTimes.com Date: Mar 29, 2022 Link: https://www.nytimes.com/2022/03/28/business/heineken-leaving-russia-carlsberg.html Questions for discussion: What are the good and bad consequences of these corporate decisions? What do you think of these actions? What would you advise management of these firms?… Read more »
French food giant and Toronto company team up to harness the new promise of Canadian oats
Description: Canada is great at growing oats, just not so great at processing them Source: FinancialPost.com Date: Mar 25, 2022 Link: https://financialpost.com/commodities/agriculture/french-food-giant-and-toronto-company-team-up-to-harness-the-new-promise-of-canadian-oats Questions for discussion: What are the challenges facing these Canadian food businesses? What are the solutions presented in the article? What else would you advise the firms involved?
BlackRock’s Larry Fink, who oversees $10 trillion, says Russia-Ukraine war is ending globalization
Description: Larry Fink, the CEO and chairman of the world’s biggest asset manager BlackRock, said Russia’s invasion of Ukraine has upended the world order that had been in place since the end of the Cold War. Source: CNBC.com Date: Mar 24, 2022 Link: https://www.cnbc.com/2022/03/24/blackrocks-larry-fink-who-oversees-10-trillion-says-russia-ukraine-war-is-ending-globalization.html Questions for discussion: Do you agree with the Larry Fink’s assessment… Read more »
A Plastic Bag’s 2,000-Mile Journey Shows the Messy Truth About Recycling
Description: When the British supermarket chain Tesco Plc first started collecting plastic bags and wrappers from customers to be recycled in March 2021, Caroline Ragueneau was thrilled. She was working as a retail assistant at a Tesco store in southwest England when the first white deposit boxes appeared, promising to turn what’s typically discarded back… Read more »
Ottawa reveals details of 1st ‘green bond’ sale
Description: At offer price, bonds will pay investors 2.25% per year and help fund environmentally conscious projects Source: CBC.ca Date: Mar 23, 2022 Link: https://www.cbc.ca/news/business/green-bond-explainer-1.6394756 Questions for discussion: What is a “green bond”? Why do you think it has a premium attached? Who are the investors interested in these instruments? Do you think more bonds… Read more »
