Xiaomi – Cheap phones online may not be the key to success.

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Xiaomi, once hailed as an Apple iPhone slayer in China, now admits that they moved too fast to outpace their competitor. The company’s founder, Lei Jun, wrote his employees this week, indicating that the company needs to focus on the future and long-term sustainability. Questions: 1. Who are the domestic rivals to Xiaomi in the… Read more »

A Mysterious Amount of Net worth!

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In 2012, Forbes dropped J.K. Rowling after eight years on its authoritative billionaires list, saying high British taxes and large charitable contributions had eroded her fortune. Questions: 1. Why should Forbes rethink that? 2. If Rowling gets equivalent of Universal Studios Park ticket sales equal to Spielberg, how much of that would a $100 ticket… Read more »

All I got was a Plaque!

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In April 1967, hamburger lovers in Uniontown, Pa., south of Pittsburgh, met a newer, bigger burger. Introduced by a local McDonald’s, it was called the Big Mac, and for 45 cents it delivered, as a 1970s jingle would have it, “two all-beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame-seed bun.” Questions: 1…. Read more »

You Deserve a Break Today!

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According to Reuters, McDonald’s Corp has agreed to pay $3.75 million to settle a lawsuit claiming it was liable for labor law violations by a California franchisee, marking what lawyers said was the first time the company has settled legal claims by a group of U.S. workers at one of its franchises. Questions: 1. Where… Read more »

You mean, pay matters?

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Remember when sales at Walmart stores open at least a year fell for five straight quarters and the company’s revenue fell for the first time in Walmart’s 45-year run as a public company in 2015? According to the New York Times, this is how they changed the dissatisfaction that customers felt. Questions: 1. What was… Read more »

Mylan Settles with the Government

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According to the New York Times, Mylan, the maker of the allergy treatment EpiPen, said Friday that it had reached a $465 million settlement with the Justice Department and other government agencies over questions on whether the company had overcharged Medicaid for the treatment by improperly classifying it as a generic drug. Questions: 1. What… Read more »

Orphan Drug Act

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Three decades ago, Congress listened to the plight of Americans sick with diseases so rare many people had never heard of them. They were victims of a pharmaceutical market failure — “orphans” ignored by drug companies because, the thinking went, tiny groups of patients would lead to trifling sales. Questions: 1. What is the Orphan… Read more »

Be Afraid, be very afraid!

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Unilever is paying $1 billion for Dollar Shave Club, a five-year-old start-up that sells razors and other personal products for men. Questions: 1. Why does the author of this article say that all companies should be very afraid of this deal? 2. After Michael Dubin’s YouTube ad premiered, what happened in terms of orders and… Read more »

The changing world of streaming

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Netflix’s growth in the U.S. has slowed dramatically, and the company is adding new international users slower than expected. Statistically, the company added 1.7 million new subscribers in the last three months, which is less than the 2.5 million the company predicted. Just 160,000 of them were in the U.S. Questions: 1. Netflix is available… Read more »

Trapped by Debt?

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Belkin Antonio Hernandez-Vargas was desperate to see his wife and get out of U.S. custody, so he turned to one of the biggest names in the business of helping immigrant detainees secure bail bonds. As a result, the company Libre by Nexus helped Belkin, an El Salvadorian secure an $8,000 bond after he was able… Read more »