A Toast to Howard Schultz – Coffee That Is!

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Howard Schultz is stepping down as executive chairman and member of the Board of Directors of Starbucks and will be honored with the title of chairman emeritus effective June 26, 2018. Questions: 1. How long has he been CEO and Chairman? 2. Briefly summarize what his tenure has meant for the company? 3. What is… Read more »

You’re never too old for foster care!

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The Veteran’s Administration (VA) has a new program that provides housing and care for veterans for an alternative to nursing home care for those who cannot live safely on their own. Veterans pay their caregivers $1,500 to $3,000 a month, depending on location, saving the government about $10,000 a month in nursing home care. Questions:… Read more »

What is Farm Fraud?

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Brad A. McIntyre, 35, of Bastrop, La., was sentenced on one count of conspiracy to commit mail fraud, five counts of mail fraud and four counts of money laundering related to engaging in monetary transactions in property derived from specified unlawful activity via farm fraud. He was also sentenced to three years of supervised release… Read more »

Legalized Wage Theft?

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According to Huffington Post, the burrito chain, Chipotle’s, has asked the Supreme Court to exclude 2,814 workers from a massive wage theft lawsuit because they signed mandatory arbitration agreements. Questions: 1. At the heart of this dispute, how many people who have worked for the burrito chain joined a 2014 lawsuit alleging the company systemically… Read more »

Sweet Betsy from Pike

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In a break with Obama administration policy, Education Secretary Betsy DeVos announced in December that some students cheated by the now-defunct schools would only get a part of their federal student loan forgiven. In order to determine how much to forgive, the agency analyzes average earnings of graduates from similar programs. Questions: 1. What did… Read more »

Flight of the Bumble Bee

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According to the Associated Press, U.S. prosecutors filed a criminal charge against the CEO of Bumble Bee Foods as part of an ongoing investigation into price fixing in the packaged seafood industry. Questions: 1. During what period did the firm allegedly conspire with others in the industry to eliminate competition by setting prices for canned… Read more »

Would you rather make a Type 1 or Type 2 Error Regarding the Emergency Room Visit?

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Jim Burton thought he was dying after lifting a box in his garage last and feeling a large jolt in his back. When his health insurer, Anthem, refused to pay for his E.R. visit of $1,722, citing that care was not needed right away, Jim learned that Anthem denied thousands of claims last year under… Read more »

Sports Betting in All States!

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According to the New York Times, The Supreme Court struck down a federal law that effectively banned commercial sports betting in most states, boosting the prospect of such gambling across the nation. Questions: 1. Who are the winners in this decision? 2. Who are the losers in this decision? 3. According to the article, what… Read more »

Growing your own mystery meat!

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According to Reuters, Tyson Foods (TSN.N), the largest U.S. meat processor, has invested in an Israeli biotech company developing a way to grow affordable meat in a laboratory that takes live animals out of the equation. Questions: 1. What does the technology focus on in order to provide the same texture as meat? 2. How… Read more »

Teaming up!

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According to The Week.com, Amazon plans to sell its own smart television with its Fire TV capabilities built in. To help in this endeavor, it has chosen an unlikely partner – Best Buy. Questions: 1. How many models of HDTV’s will the partners start selling this summer? 2. What brand will be sold and what… Read more »