Buffett buying Burlington rail in his biggest deal

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 6 Managing Financial Resources.

Description: Warren Buffett’s Berkshire Hathaway Inc will pay $26 billion to buy out Burlington Northern Santa Fe Corp in a bet the nation’s largest rail company will benefit from a recovering U.S. economy. Source: Reuters.com Date: 11/03/2009 Link: http://www.reuters.com/article/topNews/idUSTRE5A22A720091103 Questions for discussion: Do you think this investment will turn out to be a good one… Read more »

Chrysler aftershocks to hit industry hard

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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 »

Goodbye Trans AM

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GM is preparing to ‘kill off’ its Pontiac brand as the carmaker searches for viability. Embedded video from <a href=”http://money.cnn.com/video” mce_href=”http://money.cnn.com/video”>CNNMoney.com Video</a> Source: CNNMoney Reports – video report Date: 4/24/2009 Keys: Marketing, positioning, brands, operations management Link: http://money.cnn.com/video/news/2009/04/24/news-gm-pontiac-042409.cnnmoney/ Questions for discussion: Do you agree with the explanations offered for shutting down the Pontiac brand name?… Read more »

Food Industry Safety Inspections Challenged

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The food industry’s self-policing system failed to catch poor conditions at a peanut processing plant blamed for a nationwide salmonella outbreak, lawmakers said Thursday. The House Energy and Commerce investigations subcommittee released new documents and pictures Thursday that attested to long-standing sanitary problems at facilities owned by Lynchburg, Va.-based Peanut Corp. of America. The company… Read more »