A Deep Freeze for GE Pensions

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According to the WSJ, General Electric Co. said it was freezing its pension plan for about 20,000 U.S. workers and offering pension buyouts to 100,000 former employees, as the conglomerate joins the ranks of U.S. companies phasing out a guaranteed retirement. Questions: Who is the CEO? The video said the CEO has been aggressive. What has he… Read more »

Are you Kidding?

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According to Business Insider, Tesla owners will soon be able to customize their next generation of Tesla cars to emit the sound of a goat bleating, or a fart noise in place of a horn.  Questions: How did Elon Musk announce this new customization? What other sounds did he mention? Do you think he was… Read more »

Embarrassing Track Record

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According to Business Insider, Masayoshi Son, founder of SoftBank Group, told Nikkei Business in an interview that he embarrassed and impatient with where some of the company’s investments are at in 2019. Questions: What were two of SoftBank’s flagship investments and what happened to them? Who was the founder of WeWork and approximately how long… 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 »

A New Finance Chief for a 157-year old Company

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According to the Wall Street Journal, Jennifer Hamann will become the new CFO for the Union Pacific Corporation. Questions: Where is the Union Pacific Corporation headquartered? What areas does the article indicate that she will heavily scrutinize? What financial metrics is Ms. Hamann looking at? What changes were made to Union Pacific’s capital structure prior… 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 »

Juul CEO Resigns and Company Drops Advertising

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According to Drugs.com, vape device maker Juul Labs said Wednesday it is stopping all print, digital and television advertising, and its CEO, Kevin Burns, is stepping down. Questions: Who is the new CEO? Who owns a 35% share of Juul? Who is investigating e-cigarettes and why? Source: Staff. E-Cigarette Maker Juul Stops All Advertising, Replaces… Read more »

Nissan and Ghosn Fraud

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According to the Washington Post, Nissan will pay $15 million, and former chairman Carlos Ghosn will pay $1 million to settle allegations by U.S. regulators that they hid more than $140 million of Ghosn’s retirement benefits from investors. Questions: How long was Ghosn CEO of Nissan? What punishment did the SEC impose on Ghosn? Was it for hiding… Read more »

New Business Trends: Minority Women

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According to the Washington Post, minority women are starting firms at a pace more than double that of woman business owners overall, and nearly five times the pace of all company owners. Questions: Who sponsored the new report? What was the growth rate for minority women between 2014 and 2019? What were the main industries… Read more »

Drone Attack and Oil Prices

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Iran denies a recent drone attack on Saudi Arabia, as the strikes halve Saudi oil facility output, and President Trump vows to tap U.S. oil reserves. Questions: What has happened to oil futures as a result of the attack? How is the Pentagon weighing in on the latest conflict? What was Secretary of State Mike… Read more »