Embarrassing Track Record

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According to Business Insider, Masayoshi Son, founder of SoftBank Group, told Nikkei Business in an interview that he embarrassed and impatient with where some of the company’s investments are at in 2019. Questions: What were two of SoftBank’s flagship investments and what happened to them? Who was the founder of WeWork and approximately how long… Read more »

Not too Early for Christmas Lists

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Last week, according to CNET, Amazon showed off a new batch of Alexa-powered products. Questions: There were two themes to these products according to CNET. What were these themes? What company has Amazon acquired that was scrutinized for its work with police departments across the country? Research why. Which device sounds the most interesting to… Read more »

A New Finance Chief for a 157-year old Company

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According to the Wall Street Journal, Jennifer Hamann will become the new CFO for the Union Pacific Corporation. Questions: Where is the Union Pacific Corporation headquartered? What areas does the article indicate that she will heavily scrutinize? What financial metrics is Ms. Hamann looking at? What changes were made to Union Pacific’s capital structure prior… Read more »

Bill seeks FASB Required Study

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According to the Wall Street Journal, Representative Luetkemeyer, a Republican from Missouri, introduced a bill on September 27 in Congress requiring the Financial Accounting Standards Board (FASB) to formally study the impact of new accounting standards before finalizing them.  Questions: What Act does the bill seek to apply? What are the three major effects that… Read more »

Juul CEO Resigns and Company Drops Advertising

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According to Drugs.com, vape device maker Juul Labs said Wednesday it is stopping all print, digital and television advertising, and its CEO, Kevin Burns, is stepping down. Questions: Who is the new CEO? Who owns a 35% share of Juul? Who is investigating e-cigarettes and why? Source: Staff. E-Cigarette Maker Juul Stops All Advertising, Replaces… Read more »

Nissan and Ghosn Fraud

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According to the Washington Post, Nissan will pay $15 million, and former chairman Carlos Ghosn will pay $1 million to settle allegations by U.S. regulators that they hid more than $140 million of Ghosn’s retirement benefits from investors. Questions: How long was Ghosn CEO of Nissan? What punishment did the SEC impose on Ghosn? Was it for hiding… Read more »

No bailout for you!

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According to Business Insider, hundreds of thousands of tourists have been left stranded after UK Prime Minister Boris Johnson refused to grant the collapsed travel firm Thomas Cook a bailout of £150 million, or about $186 million. Questions: Explain Johnson’s idea of a moral hazard. How large is the Thomas Cook fleet of planes and… Read more »

Drone Attack and Oil Prices

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Iran denies a recent drone attack on Saudi Arabia, as the strikes halve Saudi oil facility output, and President Trump vows to tap U.S. oil reserves. Questions: What has happened to oil futures as a result of the attack? How is the Pentagon weighing in on the latest conflict? What was Secretary of State Mike… Read more »

Monte Carlo Simulation

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According to Business Insider, some CEO pay plans are so complicated that a powerful mathematical technique originally developed to understand the behavior of neutrons in an atom bomb explosion is now the most effective way to estimate what they are actually worth. Questions: Where did the inspiration for the Monte Carlo simulation come from (according… Read more »

The Fight Against Quicken Loans (but why now)?

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According to Business Insider, with debt sitting at $9.2 trillion for the U.S. lending market, the industry has been the slowest to digitize and have had little incentive to remove friction from the customer application process. Questions: What has Rocket Mortgage added to the industry to become the largest residential mortgage originator by volume? According… Read more »