Patagonia: A Vision for Sustainability

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Patagonia started out as a small company that made tools for climbers. The company’s worldwide business still embraces Alpinism remains at its heart, making clothes for climbing – as well as for skiing, snowboarding, surfing, fly fishing, paddling and trail running. True to its love for nature, the company’s founder, Yvon Chouinard, launched the company… Read more »

The Price of Transparency in Hospitals

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One of the biggest problems today is that consumers have no way of figuring out how much a particular health care service costs. Unfortunately, a recent Arizona bill to encourage hospitals and doctors to become more transparent about the prices they charge for services was just killed by the state legislature. The bill would have… Read more »

Tsunami of fraud

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Watch out Florida! Coming to a town near you! Identity theft has violent criminals trading guns for laptops. Ledgers are stolen for social security numbers in order to file phony tax returns. Most times, refunds are returned on convenient but hard-to-trace prepaid debit cards. In addition, postal workers have been harassed, robbed and, in one… Read more »

Double Jeopardy Foreclosures – BEWARE!

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Foreclosure has been a terrible tragedy for many Americans during this economic downturn. The only ray of light for some is that once a foreclosure is settled, there is some relief from no longer being in debt. However, Heritage Pacific Financial of Plano Texas company has been one company that continues to victimize people with… Read more »

Gotcha Ya’

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Four high-ranking federal lab workers found a way to turn “per diem” funds for a temporary assignment into a steady flow of extra income at taxpayers’ expense. Questions: 1. Explain “per diem.” 2. Based on the article, approximately how much money did each scientist receive fraudulently, per year? 3. How was the scheme discovered and… Read more »

Brazil’s Technology Expansion

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The depreciation of the Brazilian real, which is the worst-performing major currency this year, may be helping reignite economic growth in Brazil after a “weak” first quarter of 2012. Economic growth in Brazil, the world’s sixth biggest economy, has been recovering more slowly than anticipated even as the government steps up interest rate cuts and… Read more »

Tornado Costs

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The tornado that tore through Joplin, Missouri about a year ago ranks not only as the most deadly twister in six decades, but now has been declared the most costly since at least 1950. Questions: 1. What percentage of the costs are insurance policies expected to cover and what percentage will likely be covered by… Read more »

Remember Driver’s Ed? Things have Changed!

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Mercedes-Benz has long been at the forefront of creating safer cars and now they are aiming to create safer drivers. In December 2011, the company opened the its first driving school in the U.S. called Mercedes-Benz Driving Academy. Mercedes has three more in Europe). This school is located on Third Street in downtown Los Angeles…. Read more »

Resume Padding

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On Monday, May 7, Yahoo apologized to its employees for discrepancies about its CEO, hired in January. Apparently, Scott Thompson, does not have a computer science degree after all, even though that information was included in an SEC filing and in several public bios about him. Questions: 1. If Thompson allowed false information about his… Read more »

Student debt

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Ninety-four percent of students who earn a bachelor’s degree borrow to pay for higher education. This is up from the 1993 statistics that show only 45 percent of students borrowed money to pay for a bachelor’s degree. This borrowing includes loans from the federal government, private lenders and relatives. Questions: 1. Explain why Rajeev V…. Read more »