Money in Used Sneakers!

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Ryan Fresen is a sneaker reseller who said he brought in around $110,000 in profit in 2019 from the business he runs out of his bedroom. Questions: What are key factors in Ryan Fresen’s success? How does Fresen typically sell his sneakers? What does Fresen typically use to organize his business? Has Fresen had his… Read more »

Money for Climate Change

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Jeff Bezos announced on Instagram today that he is giving about 7.7% of his $130 billion net worth to launch the Bezos Earth Fund. Questions: According to the article, what role did Amazon employees have in this move? How much in total dollars is he committing? By 2040, what is Amazon’s pledge? Source: Harrington, R…. Read more »

Trouble in Movie Theater Land

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Many on Wall Street are betting against AMC Entertainment. Its stock has plunged 75%, erasing nearly $3 billion in market cap. Questions: What factors are hurting AMC sales numbers? Over what period has AMC the drop in sales? What has happened to the theater chain’s free cash flow and debt? Source: Sullivan, C. and A…. Read more »

Watch Out!

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According to BusinessInsider, apps like Edison, Cleanfox, and Slice are taking your email information and selling it for profit. Questions: What type of information are the apps targeting? What do the third-party companies that buy the data use it for? Commercial emails in inboxes are scanned for what type of data? Source: Holmes, A. (2020)…. Read more »

Turn your passion into your business

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Elizabeth Finkelstein grew up in a historic home and watched her parents restore it. Now she is turning what she knows (and her passion) into a business. Questions: What is the name of her business and what does it do? What are the 3 tips she gives everyone, who want to follow their passion? What… Read more »

The $3 idea goes away

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The San Francisco-based company that sold most private-label essentials without branding is closing. Questions: Why did they decide to close? Based on the article, how many people were employed at Brandless? How much did SoftBank invest in this company’s concept? When did Brandless start selling its products in major retailers’ physical stores instead of online-only?… Read more »

Risk vs. Rewards: A case of Mr. Shah’s very bad judgment!

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According to the Financial Times, Citigroup’s head of high-yield bond trading for Europe, the Middle East, and Africa has been suspended for routinely not paying for food in the company’s cafeteria. Questions: How much was the trader routinely making at Citigroup? Why was Mr. Shah such an important trader for Citigroup? Who was the other… Read more »

Bernie Ebbers, the Telecom myth

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According to the New York Times, the former chief of WorldCom, convicted in one of the largest corporate accounting scandals in U.S. history, died yesterday, just over a month after his early release from prison. Questions: What happened to World Com in 2002? How long was Ebbers sentence and what were the allegations against him?… Read more »

Who can you trust?

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According to the New York Times, L Brands (the parent company for Victoria’s Secret and Bed, Bath & Beyond) has somehow avoided the messy board scrutiny of cronyism and time devoted to gender misconduct and sexual harassment training. Instead, the company has focused on the practice of retaliation against those alleging sexual harassment complaints. Questions:… Read more »

BrewRight? A trade secret?

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According to the Wall Street Journal, Anheuser-Bush InBev SA, the world’s largest brewer, has developed a machine-learning technology that can identify risky business partners and potentially illegal payments. Questions: How does the analytics platform, named Brew Right, proactively monitor legal risks and prevent violations? How do companies typically examine the compliance practices of acquired businesses?… Read more »