Posts Tagged: Contemporary Business Topics

A Piece of the Moon…….?

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized.

Rogue Creamery, which took the top prize at the World Cheese Awards with its Rogue River Blue produced in Oregon, has seen sales and interest jump. Questions: Which countries won this honor for the two years prior to this year? Where are the World Cheese Awards judged? How much are Rogue Creamery’s sales up since… Read more »

The End of Another Department Store Icon

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting, Uncategorized, Video Updates.

According to the New York Times, the end of Barney’s, the famed department store, involved executives crisscrossing the globe, all-night strategy sessions, last-minute alliances, and attempts to sway public opinion. However, all these attempts led to bankruptcy. Questions: What happened to Barney’s in bankruptcy court? How many full-time employees will be affected? Gene Pressman, a… Read more »

Fitbit sale to Google

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According to the New York Times, Google said on Nov. 1 that it is acquiring Fitbit, the maker of fitness-tracking devices, for $2.1 billion to close the gap with Apple in the growing market for wearable electronics and to add muscle to its expanding hardware business. Questions: Why is the deal is likely to face… Read more »

Mixed issues

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According to the Washington Post, many small companies tied to the housing market are seeing a slowdown in business, one that’s forecast to continue well into 2020. Questions: How much did the sales of existing homes fall during September? How has the median sales price for a home changed since a year ago? How long… Read more »

Who will decide the fate of the CFPB?

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Today, according to VOX, the Supreme Court announced that it will hear a lawsuit challenging the leadership structure of the Consumer Financial Protection Bureau (CFPB). Questions: According to the article, who championed the establishment of the CFPB? In general, who leads most federal agencies and who leads most independent agencies by contrast? How is the… Read more »

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 »

The Fight Against Quicken Loans (but why now)?

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According to Business Insider, with debt sitting at $9.2 trillion for the U.S. lending market, the industry has been the slowest to digitize and have had little incentive to remove friction from the customer application process. Questions: What has Rocket Mortgage added to the industry to become the largest residential mortgage originator by volume? According… Read more »

Banking While Black

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According to a new study by the National Community Reinvestment Coalition, Black and Hispanic men seeking small business loans face more scrutiny and worse treatment from bank officers than less qualified white men. Questions: What were the declines in government-backed lending to black business owners from 2008 to 2016? According to the study, what type… Read more »

How has Microsoft avoided the Big Tech Backlash

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According to the New York Times, while Google, Amazon, Apple, and Facebook faces regulator scrutiny, Microsoft, which is worth more than all of these four combined, watches from the side-line. Questions: According to this article, what has Microsoft learned from past antitrust investigations? How do market shifts and the evolution of Microsoft’s business over the… Read more »

Regulators Got their Eyes on You!

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According to the New York Times, Big Tech (Amazon, Apple, Facebook and Google) are being investigated by regulators and lawmakers regarding how these companies may have used their size and wealth to quash competition and expand their dominance. Questions: Who are some of the regulators and lawmakers investigating Google and for what reason? What are… Read more »