Description: The other day I went into Costco to buy some toilet paper. It came as a small shock when I couldn’t find a single roll. Source: Yahoo.Finance.com Date: Mar 11, 2020 Link: https://www.yahoo.com/news/theres-plenty-toilet-paper-us-122309255.html Questions for discussion: What does the report say about human behavior and consumer products? How should business people deal with this understanding?
Posts Categorized: Part 6 Managing Financial Resources
Description: A global disease outbreak isn’t the kind of risk that many investors were trained to react to. Source: NYTimes.com Date: Mar 6, 2020 Link: https://www.nytimes.com/2020/03/06/business/coronavirus-stock-market.html Questions for discussion: Why has the stock market fallen in recent weeks? Why are investors uncertain about the future? What do you think are likely scenarios over the next… Read more »
Description: What a week for the U.S. stock market. In addition to plunging into a correction, defined as a decline of at least 10% from a recent high, the major benchmarks endured their worst week since the financial crisis. Source: CNBC.com Date: Feb 24, 2020 Link: https://grow.acorns.com/super-tuesday-market-sell-off-and-other-money-news-in-the-week-ahead/ Questions for discussion: What does the article suggest is happening in… Read more »
Description: The coronavirus outbreak is turning one luxury treat reserved for special occasions into a meal bargain hunters can afford. Source: Bloomberg.com Date: Mar 5, 2020 Link: https://www.bloomberg.com/news/articles/2020-03-05/virus-makes-luxe-lobsters-so-cheap-that-sellers-face-fatal-blow?srnd=premium-canada Questions for discussion: Explain the reasons for the drop off in business? How can the industry deal with this problem?
Description: For Zev Bernard, who sells baseball and softball equipment on Amazon, February tends to be one of the busiest times of the year, with athletes, coaches and fans gearing up for the new season. Opening day for Major League Baseball is in late March. Source: CNBC.com – video report Date: Feb 29, 2020 Link: https://www.cnbc.com/2020/02/29/amazon-sellers-scramble-to-keep-products-in-stock-amid-coronavirus.html… Read more »
Description: As technology companies continue to look for areas of growth, Africa is emerging as an area of opportunity. And Big Tech has taken notice. Companies such as Twitter, Google and Microsoft are all attempting to establish a presence in fast-growing African economies. Twitter CEO and founder Jack Dorsey, who also runs mobile payment company… Read more »
Description: NEW YORK (Reuters) – The U.S. stock market is likely to rack up solid gains this year, but it’s vulnerable to a correction if the effect of the coronavirus outbreak worsens or the U.S. presidential race rattles investors, according to strategists in a Reuters poll. Source: NYTimes.com Date: Feb 26, 2020 Link: https://www.nytimes.com/reuters/2020/02/26/business/26reuters-usa-stocks-poll.html Questions… Read more »
Description: A lot of companies are saying, ‘Why bother with Canada? We’re going elsewhere,’ analyst says Source: CBC.ca Date: Feb 26, 2020 Link: https://www.cbc.ca/news/politics/tasker-teck-frontier-future-oilsands-1.5475658 Questions for discussion: Explain the reasons for the collapse of the Teck Frontier project? How will this decision affect other businesses in Canada? What do you think Canada should do with… Read more »
Description: Brownsville has its troubles, but it’s also starting to draw attention for its thriving collection of distinctive taquerias. Source: NYTimes.com Date: Feb 25, 2020 Link: https://www.nytimes.com/2020/02/25/dining/tacos-brownsville-texas.html?action=click&module=Top%20Stories&pgtype=Homepage Questions for discussion: How has Brownsville responded to the economic challenges it is facing? What else could this community capitalize on because of its location, culture and history?
Description: In 2018 a new word entered Silicon Valley’s lexicon: the “techlash”, or the risk of a consumer and regulatory revolt against big tech. Today that threat seems empty. Even as regulators discuss new rules and activists fret about the right to privacy, the shares of the five biggest American tech firms have been on a… Read more »