Sometimes Things Don’t End Up the Way they are Planned

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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 »

Accounting for Coronavirus

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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

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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 »

What a Time to be Offline!

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According to BusinessInsider.com, Robinhood, a millennial favorite stock app, was offline for iPhone and Android users during the entire day, when the Dow made its biggest point gain ever. Questions: What do millennials see as the benefit of Robinhood? By how many points did the Dow Jones industrial average rise on Monday after the horrible… Read more »

Big Financial Information Merger

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The Wall Street Journal reported over the weekend that Intuit is buying the credit score monitoring company Credit Karma for $7.1 billion. Questions: What is the merger intended to boost within the Intuit organization? By how much was the Intuit stock increased at the time of the announcement of Intuit’s quarterly earnings and the word… Read more »

Netflix studios on a roll!

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After capturing the most 2020 Oscar nominations of any studio, Netflix stock is trading up 3.5%. Questions: Which film received the most nominations? Between Netflix movies and original series, how many total Oscar nominations did Netflix receive? How does this compare with its Golden Globe awards? According to Bloomberg data, what is the consensus price… Read more »

Stealing Streaming

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According to the Washington Post, a pair of Las Vegas computer programmers pleaded guilty last week to operating massive unauthorized streaming services that authorities say rivaled the libraries of Netflix, Amazon Prime and Hulu and cost copyright owners millions. QUESTIONS; 1. How did the two men steal these amounts of money? 2. What was iStreamitAll’s… 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 »

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 »

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 »