Description: For all the excitement around places like Austin and Miami, the biggest tech expansion has been in Canada’s largest city. Source: NYTimes.com Date: Mar 21, 2022 Link: https://www.nytimes.com/2022/03/21/technology/toronto-tech-boom.html Questions for discussion: Explain what is happening in Toronto and how the city is managing to draw IT developers. What does this report suggest to other… Read more »
Posts Categorized: Part 6 Managing Financial Resources
How Economic Sanctions Are Affecting Russia
Description: Russian citizens are already feeling the punishing effects of economic sanctions imposed by Western powers over the invasion of Ukraine, and the financial situation for most people is likely to deteriorate. Source: knowledge.wharton.upenn.edu Date: Mar 15, 2022 Link: https://knowledge.wharton.upenn.edu/article/economic-sanctions-affecting-russia/ Questions for discussion: What are the major concerns expressed? How should investors deal with this information?
How a handful of metals could determine the future of the electric car industry
Description: As automakers race to go electric, there’s a big problem lurking underground. Companies are betting hundreds of billions of dollars on electric cars and trucks. To make them, they’ll need a lot of batteries. And that means they need a lot of minerals, like lithium, cobalt and nickel, to be dug up out of… Read more »
These strawberries were grown in a New Jersey warehouse — and they may revolutionize how Americans eat
Description: KEARNY, New Jersey — Inside of a warehouse in this factory town neighboring Newark, thousands of strawberries grow in rows beneath bright lights. Source: CNBC.com – video report Date: Mar 15, 2022 Link: https://www.cnbc.com/2022/03/15/bowerys-vertical-farming-strawberries-go-on-sale-in-new-york-.html Questions for discussion: What are the competitive advantages and disadvantages for this type of agriculture? What sort of customers would… Read more »
How to navigate the tax code if you’re a gig economy worker
Description: Whether to supplement income or turn a passion project into a business, an increasing number of young Canadians are turning to the gig economy to make some extra cash. That’s prompting the Canada Revenue Agency (CRA) to pay closer attention to potentially under-reported tax returns of Etsy merchants, Uber drivers, social media influencers and… Read more »
Tesla bull says approval of Berlin Gigafactory removes major overhang on the stock
Description: A “major overhang” on Tesla’s stock has been removed after German authorities said the carmaker could start production at a new factory in Berlin, according to Wedbush analyst Dan Ives. Source: CNBC.com – video report Date: Mar 07, 2022 Link: https://www.cnbc.com/2022/03/07/tesla-berlin-gigafactory-approval-removes-major-overhang-on-the-stock.html Questions for discussion: What is so significant about this announcement for the company production plans and the… Read more »
Car Industry Woes Show How Global Conflicts Will Reshape Trade
Description: The war in Ukraine has highlighted the risks of doing business with authoritarian countries — not just Russia, but also China. Source: NYTimes.com Date: Mar 07, 2022 Link: https://www.nytimes.com/2022/03/07/business/cars-russia-china-trade.html? Questions for discussion: What does the article say about supply chains, globalized manufactuering issues and the current crisis? What are the possible changes going forward,… Read more »
Jeep, Dodge maker Stellantis aims to double revenue to $335 billion by 2030
Description: Stellantis, formerly known as Fiat Chrysler, intends to double its revenue to 300 billion euros ($335 billion) by 2030, CEO Carlos Tavares announced Tuesday. Source: CNBC.com Date: Mar 01, 2022 Link: https://www.cnbc.com/2022/03/01/jeep-maker-stellantis-aims-to-double-revenue-by-2030.html Questions for discussion: Why would investors be wary of the firm’s bold announcements and financial projections? Would you be an investor in… Read more »
Stock soars for Canadian fertilizer company amid war in Ukraine
Description: Shares of Nutrien Ltd. jump as market worries of global supply shortage Source: CBC.ca Date: Mar 02, 2022 Link: https://www.cbc.ca/news/canada/calgary/stock-canadian-fertilizer-war-ukraine-1.6368947 Questions for discussion: Why did the share price soar? How risky is it in your opinion to jump on this trend, given the reasons for the movement? What would you advise investors do at… Read more »
For Warren Buffett, Apple is his new Cola-Cola as the investing icon reaps $100 billion in six years
Description: Warren Buffett’s recent success from his massive Apple bet is spurring comparisons with the legend’s greatest investment of all time — Coca-Cola. Source: CNBC.com – video report Date: Mar 03, 2022 Link: https://www.cnbc.com/2022/03/03/for-warren-buffett-apple-is-his-new-cola-cola-as-the-investing-icon-reaps-100-billion-in-six-years.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: What do you believe draws Warren Buffet to Apple? What are the commonalities between Apple and Coca Cola? What does this… Read more »
