Description: Electric vehicle makers Tesla just posted third-quarter vehicle production and delivery numbers for 2022. Source: CNBC.com Date: Oct 02, 2022 Link: https://www.cnbc.com/2022/10/02/tesla-tsla-q3-2022-vehicle-delivery-and-production-numbers.html Questions for discussion: What does the report say about Tesla sales and how analysts are interpreting them? What do you think these sales figures say about the products, the production operations, the brand, and… Read more »
Posts Categorized: Part 6 Managing Financial Resources
Enbridge to sell stakes in seven pipelines to Indigenous groups for $1.12 billion
Description: The deal is the largest of its kind in North America to date, says company Source: FinancialPost.com Date: Sep 28, 2022 Link: https://financialpost.com/commodities/energy/oil-gas/enbridge-pipeline-stake-first-nation-metis-groups Questions for discussion: Why is this announcement significant news for the industry? How does it set a precedent for future business dealings that involve indigenous peoples?
McDonald’s will have adult Happy Meals this October
Description: For a limited time only, Happy Meals aren’t just for kids. McDonald’s teamed up with the fashion streetwear brand Cactus Plant Flea Market to release an adult meal box, complete with a classic character toy. Source: NPR.org Date: Sep 29, 2022 Link: https://www.npr.org/2022/09/29/1125809528/mcdonalds-adult-happy-meals-october Questions for discussion: What do you think about this promotional effort?… Read more »
How one of America’s last piano manufacturers stays alive
Description: Piano-building was once one of the country’s largest industries. Today, only two companies remain in business. Source: TheHustle.co Date: Sep 29, 2022 Link: https://link.thehustle.co/view/61200bfe5acd1b72de2e7829hcmwm.d74a/f28d4c31 Questions for discussion: Summarize the history of the industry. How has the customer changed over time? Who are the competitors today? Is there a way to rejuvenate the industry? What… Read more »
Kanye West’s Yeezy says it’s terminating deal with Gap over alleged contract violations
Description: Kanye West, who goes by Ye, is terminating the contract between his company Yeezy and Gap Inc., according to a letter shared by his lawyer. Source: CNBC.com Date: Sep 15, 2022 Link: https://www.cnbc.com/2022/09/15/kanye-west-ye-yeezy-terminates-deal-with-gap-over-alleged-contract-violations.html Questions for discussion: What is the essence of the dispute? Why do you think separate stores were not opened? Do you think… Read more »
Sobeys boss says he’s fed up with ‘reckless and incendiary’ criticisms about grocery profits amid inflation
Description: The head of Canada’s second-largest grocery chain called suggestions the country’s big grocers are exploiting their market power to profit from inflation “reckless” and “incendiary,” and characterized the critics who are making such assertions as lazy “armchair quarterbacks” who know little about the food business. Source: FinancialPost.com Date: Sep 15, 2022 Link: https://financialpost.com/news/retail-marketing/sobeys-boss-says-hes-fed-up-with-reckless-and-incendiary-criticisms-about-grocery-profits-amid-inflation Questions… Read more »
Fred Franzia, creator of ‘Two Buck Chuck’ and champion of affordable wine, has died
Description: Fred Franzia, the man behind the famous “Two Buck Chuck,” died on Tuesday at age 79. Source: NPR.org Date: Sep 15, 2022 Link: https://www.npr.org/2022/09/15/1123070279/fred-franzia-two-buck-chuck-wine-bronco-dies Questions for discussion: What does the article say about the marketing of wine and consumer perception of price, in particular? Do you think $2 wine could sell as well in… Read more »
Peloton co-founders John Foley and Hisao Kushi are leaving the company in a broad executive shakeup
Description: Peloton on Monday announced the resignations of two of the company’s founders and another top executive, marking the end of an era for the struggling fitness-equipment company as CEO Barry McCarthy dramatically reshapes the business. Source: CNBC.com – video report Date: Sep 13, 2022 Link: https://www.cnbc.com/2022/09/12/peloton-co-founders-john-foley-hisao-kushi-are-leaving-company.html Questions for discussion: What has happened at the firm… Read more »
Car value depreciation has ‘defied gravity’ in the past two years: CoPilot CEO
Description: CoPilot Founder and CEO Pat Ryan joins Yahoo Finance Live to discuss the state of the used car market and how prices are shifting back to normal for buyers. Source: YahooFinance.com – video report Date: Sep 07, 2022 Link: https://finance.yahoo.com/video/car-value-depreciation-defied-gravity-210245843.html?.tsrc=fin-srch Questions for discussion: What does the report say about prices and buyer behavior in… Read more »
More Canadians planning to leave their jobs in the next 12 months: StatsCan
Description: The latest jobs data from Statistics Canada shows that more Canadians are planning to leave their jobs in the next 12 months. Source: BNNBloomberg.com – video report Date: Sep 08, 2022 Link: https://www.bnnbloomberg.ca/more-canadians-planning-to-leave-their-jobs-in-the-next-12-months-statscan-1.1816789 Questions for discussion: What does the report say about employment, income growth, and management of employees? What are the implications of these concerns… Read more »
