Finally the End for Nikola Motors (NKLA)?

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According to Electrek.com, Nikola Motors has lost almost its entire supply chain leadership over the last few months as the situation at the company is starting to look dire. Questions: Why has the founder of Nikola Motors been in the news over the past few years? Why did the company move away from developing a… Read more »

Watch Your Wallet

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According to the New York Times, corporate America is lifting prices and bragging about bigger profits as consumers open their wallets and spend heartily. Questions What products/services does the article cover? How do these price adjustments affect inflation? What are some of the reasons why consumers are will to pay more? Have you seen changes… Read more »

Major Supplier Under Cyberattack

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According to the New York Times, Toyota, the world’s largest automaker, said on Monday that it had suspended all production in Japan after a possible cyberattack at a major supplier. Questions: What is the name of Toyota’s major supplier? Why have cyberattacks become increasingly more common in Japan in recent years? What will the stoppage… Read more »

Failing Grade? Maybe or maybe not?

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According to Nigel Jaquiss, Portland was recently ranked 71st out of the largest 75 cities in America for its financial health by a national watchdog group. Questions: What is the name of the watchdog group? What does the failing grade stem from? What do city officials offer in defense of their denial of the group’s… Read more »

Are they the Bitcoin Bonnie and Clyde?

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According to the New York Times, Ilya Lichtenstein and Heather Morgan were charged with conspiracy to launder billions of dollars worth of Bitcoin.Credit. Questions: What was the Bitfinex hacking? What was the role of the complex shuffling of Bitcoin by the couple in the fraud in January 2017?   When the government executed a search… Read more »

Walmart’s Top E-commerce Omni Strategy Executive is Leaving

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Questions: When did Mr. Casey join Walmart? What company did he work at prior to coming to Walmart? By how much did Walmart’s global e-commerce sales increase during the nine months ended Oct. 31 as compared with the same period the prior year? What is Omni? Why do you think there is a post-holiday executive… Read more »

Fraud at Amazon Warehouse

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According to The Verge, an Amazon warehouse manager faces long prison sentence and fine when pleading guilty to stealing $273,000 worth of computer parts and selling them to a wholesaler. Questions: What was the position of the manager? Why is it more likely that a person in his position rather than basic warehouse staff would… Read more »

High Rents

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According to the Washington Post, rising rents are expected to be a driving force in inflation this year and have been an ongoing policy challenge for the Biden administration. Questions: By what percentage have rents increased in a number of cities? What is the average rent in cities like Austin, New York and Miami? What… Read more »

Kraft Heinz Fraud

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Today’s column offers a review of a clawback fraud; CFO.com explains that Kraft-Heinz (KHC) reported supplier contracts that made it appear as if expense savings were provided in exchange for past or same-year events performed by the company when, in reality, they were upfront payments in exchange for a future benefit from KHC. This was… Read more »

Rise to Fame

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According to MarketWatch, Wordle, the viral word-game sensation is going corporate after it was scooped up by New York Times Co., for an amount “in the low seven figures.” Questions: Who developed Wordle? What is the basic idea or rule behind Wordle? How fast has the popularity of Wordle grown over the last few months? What… Read more »