Description: Intel Corp. plans to spend $20 billion on a chipmaking hub on the outskirts of Columbus, Ohio, which the company expects to grow to be the world’s biggest semiconductor-manufacturing site. Source: Bloomberg.com Date: Jan 21, 2022 Link: https://www.bloomberg.com/news/articles/2022-01-21/intel-plans-to-spend-20-billion-on-ohio-chipmaking-hub Questions for discussion: Why is Intel building the plant in Ohio? What does this choice suggest about… Read more »
Posts Categorized: Part 6 Managing Financial Resources
It’s Not ‘Woke’ for Businesses to Think Beyond Profit, BlackRock Chief Says
Description: Larry Fink’s latest annual letter to corporate America clarifies, and defends, his approach to social and environmental issues at the world’s largest money manager. Source: NYTimes.com Date: Jan 17, 2022 Link: https://www.nytimes.com/2022/01/17/business/dealbook/larry-fink-blackrock-letter.html? Questions for discussion: How would you characterize Larry Fink’s role and influence in the business world? Do you agree with his recommended… Read more »
Netflix raises prices in U.S. and Canada, stock pops
Description: Netflix raised monthly prices for its streaming service in the U.S., sending the stock up as much as over 3% during trading on Friday. Source: CNBC.com Date: Jan 14, 2022 Link: https://www.cnbc.com/2022/01/14/netflix-raises-prices-in-us-and-canada-stock-pops.html Questions for discussion: Why would investors like the price increase to subscribers? Do you think this decision will hurt the firm in any… Read more »
‘Pass it off to the customer,’ billionaire Jim Pattison says of rising business costs
Description: As inflation drives operating costs higher, a prominent Canadian business leader says one solution is to pass those rising expenses onto customers. Source: BNNBloomberg.com – video report Date: Jan 14, 2022 Link: https://www.bnnbloomberg.ca/pass-it-off-to-the-customer-billionaire-jim-pattison-says-of-rising-business-costs-1.1707303 Questions for discussion: What guiding advice is Jim Pattison suggesting to Canadian businesses in this report? What is his thinking about… Read more »
SPOS #809 – Dorie Clark On How To Play The Long Game
Description: Here it is: Six Pixels of Separation – Episode #809 – Host: Mitch Joel. One of the great pleasures of my professional career has been getting to know Dorie Clark and watching her ascent in the business world. Dorie has been named one of the Top 50 business thinkers in the world by Thinkers50, and was recognized as… Read more »
Why Tesla Soared as Other Automakers Struggled to Make Cars
Description: The yawning disparity between the performance of the electric car company and established automakers last year reflects the technological change roiling the industry. Source: NYTimes.com Date: Jan 08, 2022 Link: https://www.nytimes.com/2022/01/08/business/teslas-computer-chips-supply-chain.html Questions for discussion: Why was Tesla able to operate better than other automotive manufacturers? Should these companies rethink their supply chain strategies, in… Read more »
Canada’s oil sands exports to Asia reach record with new link
Description: Canada’s oil sands producers were able to export a record amount of crude to overseas markets thanks to a new link to the U.S. Gulf Coast. Source: BNNBloomberg.com – video report Date: Jan 07, 2022 Link: https://www.bnnbloomberg.ca/canada-s-oil-sands-exports-to-asia-reach-record-with-new-link-1.1704527 Questions for discussion: What has helped boost Canadian oil exports? How important is pipeline infrastructure for oil exports?
Next for the metaverse: convincing you it’s not just for kids
Description: When a video game company only your kids have heard of goes public at a $38 billion valuation, you pay attention. Source: CNBC.com Date: Dec 22, 2021 Link: https://www.cnbc.com/2021/12/22/here-are-the-companies-building-the-metaverse-meta-roblox-epic.html Questions for discussion: What is happening in this industry that should interest buiness people? What issues are related to the management applications such as the use… Read more »
A New Tesla Safety Concern: Drivers Can Play Video Games in Moving Cars
Description: The feature raises fresh questions about whether Tesla is compromising safety as it rushes to add new technologies. ?Source: NYTimes Date: Dec 07, 2021 Link: https://www.nytimes.com/2021/12/07/business/tesla-video-game-driving.html Questions for discussion: What do you think about this story? Should government regulators get involved? What, if anything, should consumer safety advocates do, in your opinion?
Tesla shares fall into bear market territory after SEC reportedly opens probe into solar panel defects
Description: Shares of Tesla slumped more than 3% in early trading Monday after Reuters reported the U.S. Securities and Exchange Commission has opened an investigation into the company. Source: CNBC.com Date: Dec 06, 2021 Link: https://www.cnbc.com/2021/12/06/tesla-shares-slide-after-sec-reportedly-probes-solar-panel-defects.html Questions for discussion: What are the business implications of this report? Do you think it has contributed to the stock price drop? How… Read more »
