Good News if you Plan to Fly

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According to the Washington Post, now is a good time to book fall getaways because rates are dropping. Questions: By month, what drops are expected in airline rates? What is the peak travel month? When are the most expensive times for travel? Do sales that airlines advertise the best rates? Discuss. Source: Sampson, H. (2019)…. Read more »

Goldman Sachs has a plan – but is it a good one?

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Goldman Sachs has a plan to combine five investing teams into a single alternatives unit. This plan has been doubted internally and has led to interesting drama within the firm. Questions: Who is Goldman’s CEO who announced this plan? Why is this move important to outside investors? Why is the debate centering around Goldman’s two… Read more »

Trucking company bankruptcies

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According to Business Insider, six trucking companies have already folded during 2019. As a result, more than 2500 truckers are unemployed. Questions: Explain the spot market for trucking companies and what has happened to it. What are the trucking companies that have gone bankrupt in 2019 and how many truckers were left unemployed by each… Read more »

FASB’s influence on what you watch

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According to Accounting Today, the Financial Accounting Standards Board’s (FASB’s) recent accounting standard update adjusts production costs of films and episodic content produced for TV and online streaming services such as Netflix and Hulu. Questions: How has the accounting for costs adjusted with the way we now consume media? What does the accounting standard eliminate?… Read more »

Deloitte Fined $5.4M

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Deloitte LLP was fined 4.3 million pounds for audit failures of a unit of Serco Group Plc. Additionally, audit engagement partner, Helen George, was fined 97,500 pounds for failure to act in accordance with the fundamental principle of professional competence and due care. Questions: After admission of misconduct by both Deloitte and Helen George, what… Read more »

Restructuring at Deutsche Bank

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Germany’s largest bank, Deutsche Bank, has begun a string of layoffs that will result in 20 percent fewer employees or 18,000 jobs. Questions: This slashing in jobs happened on the first day takeover of the new CEO. Who is the CEO? What happened to shares of Deutsche Bank after word of this sweeping overhaul? How… Read more »

Block Chain Report on Finance Industry

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A newly released block chain report about banking was previewed on Business Insider.com. Questions: According to Bloomberg, how much money has been poured into block chain technology, annually, as of 2018 within financial institutions? What are key difficulties or roadblocks associated with block chain application? What are the companies mentioned in the report? Source: Tesfaye,… Read more »

Facebook terror attack?

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According to Business Insider, sarin, a deadly poison, has been detected in a mail facility at the Silicon Valley Facebook headquarters. Evacuation and FBI investigations were reported. Questions: Is it possible that the detection was a false positive and according to whom? What is the business park where Facebook is located? Based on the article,… Read more »

Ad-Tech Companies to chase big OTT dollars

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According to Business Insider, a cottage industry of companies has sprung up to grab a piece of the revenue flowing to over the top (or OTT) advertising. OTT refers to film and television content provided via a high-speed Internet connection rather than a cable or satellite provider. OTT does not mean free, as the term encompasses services… Read more »

Exploitation of Migrants in France

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According to the New York Times, Parisian food-delivery couriers are exploiting desperate migrants as gig workers. Questions: What is the London-based platform similar to Uber eats? How large is the food-delivery industry in terms of Euros? Why is this exploitation and what percentage of earnings do courier brokers usually take of earnings from chat apps?… Read more »