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According to the New York Times, Parisian food-delivery couriers are exploiting desperate migrants as gig workers.

Questions:

  1. What is the London-based platform similar to Uber eats?
  2. How large is the food-delivery industry in terms of Euros?
  3. Why is this exploitation and what percentage of earnings do courier brokers usually take of earnings from chat apps?
  4. Why does the article explain that these jobs have become more precarious?

Source:

Alderman, L. (2019). Food-Delivery Couriers Exploit Desperate Migrants in France. The New York Times, June 16 (Retrievable online at https://www.nytimes.com/2019/06/16/business/uber-eats-deliveroo-glovo-migrants.html)

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According to the Washington Post, cash registers at Target stores are working again after an hours-long outage on Saturday afternoon that brought checkout lines across the country to a standstill.

Questions

  1. What problem does Target say caused the outage?
  2. Has this ever happened before at Target and if so when? Do you see any possible connection?
  3. How much did the 2013 data breach cost Target?
  4. What would you have done or did you do when caught in the Saturday outage?

Source:

Bhattarai, A. (2019). Target stores’ registers are working again after hours-long outage. The Washington Post, June 15 (Retrievable online at https://www.washingtonpost.com/business/2019/06/15/target-stores-registers-are-down-across-country/?utm_term=.a29401a7e1ff)

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According to the Washington Post, U.S. blacklisting of the Chinese telecom giant, Huawei, will reduce the company’s sales by $30 billion over the next two years.

Questions

  1. By what percentage are Huawei’s cellphone sales outside China expected to drop due to the U.S. ban?
  2. Why did the Trump administration bar the selling of U.S. technology to Huawei?
  3. What action did the Federal Communications Commission  (FCC) take last year against Huawei?
  4. What effect does this have on Android phones?

Source:

Whalen, J. (2019). Huawei says U.S. ban will cost it $30 billion in sales. The Washington Post, June 17 (Retrievable online at https://www.washingtonpost.com/business/2019/06/17/huawei-says-us-ban-will-cost-it-billion-sales/?utm_term=.ca190b7032c0)

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According to the BBC, one country’s pollution is so bad, that dogs must wear pollution masks.

Questions:

  1. Which country is this?
  2. What is the Organisation for Economic Co-operation and Development and what do they do?
  3. What type of future costs will this pollution cause?

Source:

BBC staff. (2019) Where dogs wear masks. The BBC, June 9 (Retrievable online at https://www.bbc.com/news/av/world-asia-48561039/where-dogs-wear-pollution-masks)

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According to Business Insider, Boeing’s nightmare year got even worse this weekend as the manufacturer warned that hundreds of its 737 planes, including 159 of its troubled 737 Max jets, might have faulty parts on their wings.

Questions:

  1. What are slat tracks?
  2. Who produced the defective slat tracks?
  3. What are ten airlines demanding from Boeing?

Source:

Ma, A. (2019). Boeing’s nightmare year gets even worse as it admits hundreds of planes — including 159 737 Maxes — may have defective parts on their wings. Business Insider, June 3 (Retrievable online at https://www.businessinsider.com/boeing-737-planes-faulty-slat-tracks-warning-nightmare-year-2019-6)

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According to the Washington Post, FedEx has decided not to renew an important domestic contract that may affect express delivery of Santa’s presents.

Questions:

  1. What issue does this decision highlight?
  2. What percentage of FedEx’s revenue did Amazon’s business provide?
  3. What type of reliance does Amazon have with FedEx?
  4. What type of history does Amazon have with contracts?

Source:

Greene, J. (2019). FedEx declines to renew Amazon’s U.S. air-delivery contract. The Washington Post, June 7 (Retrievable online at https://www.washingtonpost.com/technology/2019/06/07/fedex-declines-renew-us-express-contract-with-amazon-move-that-could-affect-retailer-during-holiday-shipping-season/?utm_term=.ff83158287e7)

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According to the New York Times, four in 10 American adults wouldn’t be able to cover an unexpected $400 expense with cash, savings or a credit-card charge that could be quickly paid off, a new Federal Reserve survey finds.

Questions:

  1. According to the survey, how many people surveyed would need to borrow or sell something to pay for a $400 bill?
  2. Overall, what has happened to household finances over the history of the survey?
  3. What major disparities exist in the survey results?

Source:

Smilek, J. (2019). Many Adults Would Struggle to Find $400, the Fed Finds. New York Times, May 23 (retrievable online at https://www.nytimes.com/2019/05/23/business/economy/fed-400-dollar-survey.html )

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According to the New York Times, within the technology industry a small group of well-educated professionals enjoys rising wages, while most workers toil in low-wage jobs with few chances to advance.

Questions:

  1. What is responsible for this great divide in the U.S. workforce at places like Intel’s $7 billion plant in Arizona?
  2. Why are start-up tech companies in fields as varied as autonomous drones to blockchain flocking to the area near Phoenix, AZ?
  3. In what fields are the vast majority of new jobs found today?
  4. With the growth of robots in some industry, what is happening to less-skilled jobs and associated paychecks?

Source:

Porter, E. (2019) Tech Is Splitting the U.S. Work Force in Two. New York Times, Feb. 4 (Retrievable online at www.nytimes.com/2019/02/04/business/economy/productivity-inequality-wages.html)

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According to the New York Times, many small U.S. wireless carriers depend on inexpensive equipment from the Chinese company, Huawei, but must soon rethink expansion plans and other replacements of existing gear.

Questions:

  1. Why did President Trump ban Huawei’s sale of equipment in the U.S.?
  2. How extensively is Huawei’s equipment used across the globe?
  3. Do you think that this was a wise executive order? Discuss.
  4. Why don’t the smaller carriers use the same equipment as the large carriers like Verizon?

Source:

Kang, C. (2019) Huawei Ban Threatens Wireless Service in Rural Areas. The New York Times, May 25 (Retrievable online at https://www.nytimes.com/2019/05/25/technology/huawei-rural-wireless-service.html )

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Unfortunately, a little-noticed provision in President Trump’s sprawling new tax law is treating middle- and low-income college students like trust-fund babies – a tax law established 33 years ago to prevent wealthy parents from funneling money to their children to lower their tax burdens.

Questions:

  1. What does this provision do to students?
  2. How many undergraduates and graduate students are affected?
  3. What range of taxes are levied on unearned income per the new tax law?
  4. Why wasn’t it fixed in the draft stage?

Source:

Green, E. (2019). Low-Income College Students Are Being Taxed Like Trust-Fund Babies. New York Times, May 17 (Retrievable online at https://www.nytimes.com/2019/05/17/us/politics/college-scholarships-tax-increases.html)