Bad News for Nissan

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According to the New York Times, the Nissan chairman, Carlos Ghosn, was arrested on Monday after an internal company investigation found that he had underreported his compensation to the Japanese financial authorities for several years. 1. After Mr. Ghosn was sent to Nissan’s Japan headquarters, what was he credited with as a result of making… Read more »

Now you See it, Now you don’t.

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The Federal Trade Commission has issued a warning to consumers that criminals are posing as government officials and asking people to use a gift card to pay a bogus tax bill or get a new Medicare card. Questions: 1. How much money was lost to this scam in 2015? 2. How much money was lost… Read more »

Hey there, where’d you get the loot?

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A woman from Azerbaijan who spent 16 million pounds ($21 million) on jewelry, wine and other goods at luxury London department store Harrods over the course of a decade has become the first target of a new British rule allowing officials to seize money from people suspected of getting their wealth through corruption. Questions: 1…. Read more »

Tough Times for the IRS

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Audits and criminal referrals are down sharply by the IRS since Congress cut the tax agency’s budget and management changed priorities. Questions: 1. How many cases did the IRS’s criminal division bring last year? 2. How many cases did the IRS’s criminal division bring in 2010? 3. According to the IRS’s estimates, how much in… Read more »

Uber and Lyft to the Rescue

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This article talks about the cost of an ambulance ride. With ride-hailing services like Uber or Lyft far cheaper and now available within minutes in many areas, it shows how a significant amount of money for non-emergency situation would be better served using an Uber or a Lyft. Questions: 1. How much was spent in… Read more »

Research shows rich people are more likely to lie, cheat, and steal

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Questions: 1. What did you think was the most interesting thing that Keltner and Piff found out as part of their experiments? 2. Why should we care about the ethics of wealthy people? 3. According to the article, what does power lead to? 4. In your opinion, what was the most remarkable point made in… Read more »

A Three-Hour Tour – But Not Gilligan’s Island

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Barbara Carroll’s quick trip to the bank turned into a nearly three-hour ordeal after a Wells Fargo branch accused the 78-year-old black woman of forgery. Questions: 1. How many forms of identification did Ms. Carroll have to show? 2. Why is Ms. Carroll suing the bank and why does she want a jury trial? 3…. Read more »

Change is coming

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Change is coming for a small but blooming corner of the marijuana industry. Questions: 1. What is CBD? 2. Why will regulation change the industry? 3. What are some of the legal grey area with unregulated products? 4. What was the most interesting part of this article for you? Source: Brodwin, E. (2018). There’s a… Read more »

What could go wrong?

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General Motors and Volvo have partnered with Amazon to deliver packages to car trunks in 37 U.S. cities, as the e-commerce giant seeks new delivery methods for customers who may be wary of leaving packages outside or allowing couriers into their homes. Questions: 1. What are some of the security concerns? 2. This project follows… Read more »

A Toast to Howard Schultz – Coffee That Is!

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Howard Schultz is stepping down as executive chairman and member of the Board of Directors of Starbucks and will be honored with the title of chairman emeritus effective June 26, 2018. Questions: 1. How long has he been CEO and Chairman? 2. Briefly summarize what his tenure has meant for the company? 3. What is… Read more »