Since Northwestern University’s Kellogg School of Management’s already sends a huge number of its MBAs into technology fields, it is investing even more in tech as a future home for its graduates. Questions: What percentage of Northwestern Kellogg’s MBA Class of 2019 went into jobs in the tech industry? What is Northwestern’s current popular program even… Read more »
Posts Categorized: Accounting Information Systems
Over-Worked and Under-Appreciated
According to the Washington Post, grocery workers across the country say morale is crushingly low as the pandemic wears on with no end in sight. Questions: Why do grocery workers feel a renewed sense of expendability? Why do grocery workers feel like this is a dead end job? What was different in March and April… Read more »
Sometimes Things Don’t End Up the Way they are Planned
According to the New York Times, Delta Airline’s foray into oil refining in 2012 illustrates some of the reasons that the business was in trouble even before the pandemic. Questions: What was the bold experiment that Delta Air tried? What were the flaws in Delta’s strategy? What is the most immediate concern of the refinery… Read more »
Golden Arches wants their Money Back
According to the Washington Post, McDonald’s,the fast-food giant claims Steve Easterbrook, whose severance package is said to be worth $42 million, destroyed a paper trail of his “inappropriate personal behavior.” Questions: What did Mr. Easterbrook cover up? Why did the company reopen the firing case back up in July? How did the company find out… Read more »
SEC Looks at Unusual Transactions
The Securities and Exchange Commission launched a probe of circumstances surrounding Eastman Kodak (KODK) and a $765 million government loan it received last week to make pharmaceutical ingredients at its U.S. facilities. Questions: What happened to Kodak stock between the announcement of its government loan to make pharmaceutical ingredients and the announcement of the SEC probe? Which… Read more »
IRS makes it easier to tap your retirement account
With no agreement on a second round of stimulus payments, the IRS made it easier for people to pull money from their retirement plans without a costly penalty. Questions: Who makes up the category of individuals who can tap their retirement plan without penalty, according to the IRS’s new guidance? If an employer allows an… Read more »
Death May Not Cancel Lucrative Relationships
In recent relationships beyond the grave, some people are finding that it is not easy to cancel accounts of deceased loved ones. Questions: According to the article stories, which one did you find to be the most ridiculous? Why do you think these particular entities had such ridiculous answers to the issue of death? Which… Read more »
Accounting for Coronavirus
According to the Washington Post, some companies are adopting an innovative approach to accounting for the impact the coronavirus pandemic has had on their earnings: they’re leaving it out. Questions: What is Ebitda and why is it so important? How does Ebitdac work? Who’s using it? What is your opinion of this practice? Source: Lindell,… Read more »
Chevron’s Big Merger
Despite the sharp decline for oil and gas, Chevron agreed on Monday to buy Noble Energy for roughly $5 billion. Questions Why might this be such an important move? Why did Noble decide to sell? How many North American oil producers have filed for bankruptcy this year? Source: Krauss, C. (2020). Chevron Deal for Oil… Read more »
COVID-19 Leads to Borrowing Binge
According to the New York Times, during the pandemic,along with the sharpest economic downturn in history, the solution by most companies has been to take on more debt. Questions: Why does this borrowing binge turn conventional wisdom on its head? Does the article make it sound like there will be many defaults to the Fed… Read more »