Chip Shortage Means Much Lower Revenues

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According to Reuters, the shortfall in revenue for automakers due to a chip shortage is worse than anticipated. Questions: What was the original revenue shortfall estimate for automakers due to a chip shortage? To what amount this revenue shortfall estimate increased? How many vehicles will this impact? How does this article explain the change in… Read more »

One of the First Major Companies to Mandate

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According to Reuters, Delta Air Lines will require all new hires in the United States to be vaccinated against COVID-19. Questions: Does the requirement affect current employees? What will be the restriction for employees that are not vaccinated? How do you believe that this requirement will affect Delta’s bottom line? Discuss your thought concerning this policy…. Read more »

Hiring With Higher Wages

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McDonald’s is raising the hourly wages for its U.S. company-owned restaurants by an average of 10%. Questions: With this new raise at company-owned restaurants, how many workers does McDonald’s purpose to hire? With respect to the restaurant business, in general, why is McDonald’s doing this? What other fast-food restaurant, mentioned in the article and video,… Read more »

Cyberattack!

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According to the Washington Post, the Colonial Pipeline system fuels a significant amount of the east coast’s gas supply. A recent cyberattack halted the supplier and led to panic purchases and price spikes. Questions: Where were the highest rates of service station outages? Besides being a cyberattack, what were other characteristics of the attack? How… Read more »

Sixteen States Whipsawed by the Pandemic

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According to the New York Times, new claims for unemployment benefits are inching down and a growing number of Republican governors around the country have announced that they are withdrawing from an array of federal pandemic-related jobless benefits. Questions: Based on this withdrawal, how many workers will lose jobless claims and over what period? What… Read more »

The Chip Supply Chain: Addressing the Shortage

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No, it’s not Chips A’Hoy! According to Reuters, U.S. President Joe Biden met with executives from major companies on Monday to discuss the global chip shortage that has severely hurt U.S. automakers and spurred Intel Corp to announce it plans to make chips for car plants at its factories in the next six to nine… Read more »

The Challenges of an Intern: Evidence Destruction

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According to the Washington Post, Mary Goddard, a former intern at the Sununu Youth Development Center in New Hampshire, says a supervisor suggested she destroy her notes and lie about a teen’s sexual assault allegation. Questions: What did the intern do? What happened to her supervisor? What would you have done as an intern? What… Read more »

The Coronavirus Testing Procurement Audit

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According to the Washington Post, according to a Maryland state audit, procurement regulations where not followed when the Maryland administration bought 500,000 COVID-19 tests from a South Korean company last year and the first batch of tests that later had to be replaced for an additional $2.5 million was not authorized by the U.S. Food… Read more »

Debt Disclosure Problems

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According to the New York Times, Greensill Capital promised a win-win for buyers and sellers, until it all fell apart, igniting concerns about opaque accounting practices. Questions: How much was Greensill valued at less than 2 years ago? Explain how Greensill’s problems extend to the U.S. Explain Mr. Greensill’s position in the firm as the… Read more »

Theaters making a BIG comeback

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According to the Washington Post, Mooky Greidinger, the chief executive of Cineworld, believes that really bright days are ahead of the movie theater industry. Questions What is the theatrical window and how does it impact the U.S. movie theater industry? What is delaying the quick comeback of movie theaters in Europe? How is Cineworld and… Read more »