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According to the New York Times, General Motors said that it was investing $2.2 billion in a Detroit plant where it will produce all-electric trucks and sport utility vehicles, fulfilling a key promise made during last year’s union negotiations.

Questions:

  1. What other efforts are afoot in Detroit to reinvigorate Detroit, the legacy center of the American automotive industry?
  2. What is Michigan MEGA and its role in this reinvigoration?
  3. How many vehicles has GM built at Detroit-Hamtramck since it opened in 1985?
  4. According to the article, how many automotive jobs have been created in the Detroit area in recent years?

Source:

Chokshi, N. (2020). G.M. Making Detroit Plant a Hub of Electric and A.V. Efforts. The New York Times, Jan. 27 (Retrievable online at https://www.nytimes.com/2020/01/27/business/gm-detroit-electric.html )

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According to Business Insider, Walmart is testing higher starting wages for some store employees.

Questions:

  1. What are the two new positions with the higher starting salaries?
  2. What will the higher salaries be as compared to the standard hourly salary?
  3. What is the new model Walmart is promoting with this change?
  4. Besides the new model, why is Walmart doing this?

Source:

Climent, S. (2020). Walmart is testing higher starting salaries for some employees in 500 stores as the war for talent heats up. Business Insider, Jan. 27 (Retrievable online at https://www.businessinsider.com/walmart-tests-higher-minimum-wage-stores-2020-1)

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Some of the biggest names in gaming are leaving Twitch for extremely lucrative contracts, according to CNN.

Questions:

  1. What is Twitch?
  2. What are gamers doing instead of staying with the platform that has brought them fame?
  3. What tech platforms are luring these gamers?
  4. How much revenue has the online video gaming industry earned in 2019?

Source:

Liao, S. (2020). Gaming’s biggest names are ditching Twitch for $10 million contracts. CNN Business, Jan. 27 (Retrievable online at https://www.cnn.com/2020/01/26/tech/video-game-streaming-wars/index.html).

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According to BusinessInsider.com, Shake Shack has rolled out a four-day workweek for managers at a third of its locations.

Questions:

  1. What other chain restaurant CEOs interviewed in the article see labor as its biggest challenge?
  2. What other benefits are being tested by some chains to retain and attract good employees? Discuss.
  3. What is the domino effect that the article mentions?

Source:

Taylor, K. (2020). Shake Shack has rolled out a 4-day workweek at dozens of locations, as the CEO says it’s ‘never been harder’ to attract and retain workers. BusinessInsider.com, Jan. 14 (Retrievable online at https://www.businessinsider.com/shake-shack-expands-four-day-work-week-managers-2020-1).

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According to BusinessInsider.com, restaurants are delivering more food than ever before. 

Questions:

  1. How are delivery sales of food expected to compare from 2011 to 2022?
  2. How does the delivery revenue compare to delivery profit?
  3. For chain restaurants, what is the main problem with using services like Uber Eats or GrubHub to deliver food?
  4. What does the article suggest that many restaurants will do to increase delivery profit?

Source:

Taylor, K. (2020). Delivery is set to be restaurants’ biggest challenge in 2020, as workers battle ‘tablet hell’ and customers brace for price increases. BusinessInsider.com, Jan. 20 (Retrievable online at https://www.businessinsider.com/delivery-growth-and-questions-for-restaurants-2020-1)

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According to the New York Times, Micron Technology, an Idaho semiconductor company, is at the heart of Mr. Trump’s trade war.

Questions:

  1. What products does Micron make?
  2. How is the trade deal meant to help Micron?
  3. How will the trade deal hurt Micron?
  4. What does the trade deal fail to do?

Source:

Swanson, A. and C. Kang. (2020). Trump’s China Deal Creates Collateral Damage for Tech Firms. The New York Times, Jan. 20 (Retrievable online at https://www.nytimes.com/2020/01/20/business/economy/trump-us-china-deal-micron-trade-war.html)

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Questions:

  1. What paperwork is filed with the SEC to go public?
  2. What are some of the eccentric nuggets in Casper’s paperwork?
  3. According to Casper, how does the mattress market interface with the sleep economy and the sleep arc and other sleep products and services?

Source:

Hartmans, A. (2020). The 6 most surprising and unusual takeaways from Casper’s IPO filing. Business Insider.com, Jan. 13 (Retrievable online at https://www.businessinsider.com/casper-sleep-mattress-ipo-surprising-takeaways-from-s-1-filing-2020-1)

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After capturing the most 2020 Oscar nominations of any studio, Netflix stock is trading up 3.5%.

Questions:

  1. Which film received the most nominations?
  2. Between Netflix movies and original series, how many total Oscar nominations did Netflix receive?
  3. How does this compare with its Golden Globe awards?
  4. According to Bloomberg data, what is the consensus price target of Netflix?

Source:

Winck, B. (2020). Netflix soars after nabbing the most 2020 Oscar nominations of any studio. Business Insider.com, Jan. 13 (Retrievable online at https://markets.businessinsider.com/news/stocks/netflix-stock-price-jumps-most-oscar-nominations-all-studios-irishman-2020-1-1028813437)

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After failing multiple times to go public, Albertsons’ grocery chain is launching an IPO valued at around $19 billion.

Questions:

  1. When did Albertsons previously try to go public?
  2. Who is Albertsons’ private equity investor and how long have they been invested in Albertsons?
  3. How much is Albertsons’ net debt, excluding leases?
  4. Why didn’t Albertsons’ merger with Rite Aid go through in 2018?

Source:

Relnicke, C. (2020). Grocery giant Albertsons is reportedly preparing to go public after failing multiple times in the past. Grocery giant Albertsons is reportedly preparing to go public after failing multiple times in the past. BusinessInsider.com, January 13 (Retrievable online at https://markets.businessinsider.com/news/stocks/albertsons-reportedly-preparing-ipo-after-failing-multiple-times-grocery-cerberus-2020-1-1028814011)

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According to the New York Times, a barista class program started in 2017 at the island’s women’s facility was such a hit that the New York City Department of Correction (Rikers Island) expanded it to include 18-to-24-year-olds and convicted adult men. 

Questions:

  1. How long is the class?
  2. What is the purpose of the class?
  3. Each year in America, how many people are released from jail and how many are released from state or federal prisons?
  4. Do you think this will help prevent hiring discrimination? Why or why not?

Source:

Chozick, A. (2019). The Rikers Coffee Academy. The New York Times, Dec. 30 (Retrievable online at https://www.nytimes.com/2019/12/27/business/rikers-island-baristas.html)