According to this article, lawmakers in California have introduced a bill into the State Assembly aimed at increasing voter turnout by making Election Day a paid holiday. Questions: 1. What would be the costs of this bill? Also provide any accounting journal entries that might be required. 2. What would be the benefits of this… Read more »
Posts Categorized: Ethical Dilemma
Denied Healthcare Coverage? Maybe you should check with your FitBit?
Healthcare companies have increasingly offered cash promotions and discounts to users who provide their Fitbit data. But could this be used by insurers rather than to improve customer health? Questions: 1. In what types of negative ways could this data be used, according to the article? 2. What issues in Congress could promote the negative… Read more »
Who is watching the watchers?
According to the FTC, Vizio used 11 million televisions to spy on its customers. The television maker agreed to pay $2.2 million to settle a case with the FTC and the New Jersey attorney general’s office after the agencies accused it of secretly collecting — and selling — data about its customers’ locations, demographics and… Read more »
The Dizzying Student Loan Game
The Feds claim that the nation’s largest student loan servicer gave rushed and costly advice. Questions: 1. What is the amount or size of the U.S. government’s student loan program in dollars? 2. What is Navient? 3. How would you describe the structure of Student loan servicing? 4. What are some of the claims about… Read more »
May all your Wishes Come true!
Donald Trump met with Japanese billionaire Masayoshi Son and soon news of 30,000 to 50,000 new U.S. manufacturing jobs were part of Trump’s boasts. Now Taiwanese manufacturer, Foxconn, appears to be reneging on claims that it is preparing to build a $7 billion factory in the U.S. Questions: 1. How did Foxconn’s chief executive officer,… Read more »
Not a good financial plan!
Even though Wall Street and the financial press have been harping for decades on the retirement savings crisis, this article provides some additional perspectives. Questions: 1. According to the Manpower Group, what percentage of millennials plan to work until they die (as their solution to retirement)? 2. Why do so many millennials have such a… Read more »
Warren Buffet talks about Wells Fargo
Wells Fargo used to brag about its immense “cross-selling” skills, boasting of the many checking accounts, ATM cards and other “products” it pushed on Americans. Questions: 1. What disclosure did Wells Fargo recently include in its most recent quarterly earnings report? 2. What was the fine that was levied against Wells Fargo in September? 3…. Read more »
Japan Wants Its Overworked Citizens to Start Having Fun by Getting off of Work on the Weekends at an Earlier Time
Japan is the country that coined the word “karoshi,” or death by overwork. Now it wants companies to let workers finish early on the last Friday of every month, go out and have some fun. Questions: 1. What will this government campaign be called and when does it start? 2. How is this move expected… Read more »
International students save the day at U.S. state universities
Amid funding shortages, American colleges are turning to international students, who offer a lifeline to cash-strapped U.S. state schools. Questions: 1. How many international students were enrolled in U.S. Universities last year? 2. What percent increase have universities seen in the enrollment of international students since the 2005/2006 school year? 3. Discuss what is happening… Read more »
Venezuela’s Continuing Currency Crisis is Pushing the Country to the Brink of Collapse
As oil prices drop and hyperinflation encroaches, there have been wide-reaching consequences for the entire population of this country. Questions: 1. What are some of the limitations that citizens must live with? 2. In December, the Venezuelan president announced the withdrawal of the country’s largest banknote from circulation? Why did the government make this move?… Read more »