Fortune’s Andy Serwer says a combination of higher oil prices and less demand are hurting the air carriers. Embedded video from <a href=”http://money.cnn.com/video” mce_href=”http://money.cnn.com/video”>CNNMoney.com Video</a> Source: CNNMoney – video report Date: 6/08/2009 Keys: Marketing, economics, Link: http://money.cnn.com Questions for discussion: Summarize all of the reasons for airline distress starting with the rise in fuel costs…. Read more »
Posts Tagged: economics
Oil hovers above $60
Price of crude fluctuates as the dollar weakens and a report shows China’s demand for energy recovering. Source: CNNMoney.com Date: 5/22/2009 Keys: Economics, stock markets, GDP Link: http://money.cnn.com/2009/05/22/markets/oil/index.htm?postversion=2009052210 Questions for discussion: Why does the price of oil affect the economy as much as it does? If oil prices are rising, why can that be interpreted… Read more »
Chrysler aftershocks to hit industry hard
Experts worry that auto suppliers will be devastated by Chrysler’s bankruptcy and the shutdown of its plants. Source: CNNMoney.com Date: 5/01/2009 Keys: Economics, supply chain, operations management, marketing, labor relations Link: http://money.cnn.com/2009/05/01/news/companies/chrysler_aftershocks/index.htm?postversion=2009050116 Questions for discussion: The article explains the chain reaction resulting from Chrysler’s closing plants and reducing production. What would you do now if… Read more »
New home sales show signs of revival
Sales of newly constructed homes are showing indications, ever so slight, that the housing decline may be near an end, a government report showed Friday. Source: CNNMoney.com Date: 4/24/2009 Keys: Economics, supply & demand, marketing, pricing Link: http://money.cnn.com Questions for discussion: Housing is a major economic factor that determines employment and production levels in many… Read more »
On the Rebound: Dow Closes Near 8,000
Markets around the globe — in London, Paris, Frankfurt and New York — all staged powerful rallies Thursday on hopeful signs that the world’s biggest economies are committed to working together to end the global recession. At the G-20 summit in London Thursday, world leaders agreed to infuse $1.1 trillion in loans and guarantees to… Read more »
