Sudden Resignation

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Fiat Chrysler on Saturday announced the sudden resignation of longtime CEO Sergio Marchionne, who is stepping down due to complications from surgery. Questions: 1. Who will be replacing Sergio? 2. When Chrysler emerged from bankruptcy in 2009, what happened? 3. What’s the outlook for Dodge and Chrysler? 4. What’s going on with current Fiat sales?… Read more »

Work four and paid for five

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According to the Guardian, the New Zealand company behind a landmark trial of a four-day working week has concluded it an unmitigated success. Questions: 1. What has the company seen to support its claim of success? 2. What does New Zealand’s workplace relations minister say about the results? 3. How many employees participated in the… Read more »

Can the Consumer Resist Company Market Power?

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Goolsbee (2018) addresses the convenience factor and why we are too often bumbled into allowing a company the power to monopolize us. Questions: 1. What did researchers Brent Neiman and Joseph Vavra find out about individual purchases grocery and big-box stores? 2. Based on the Neiman and Vavra study, the more specialized the demand, the… Read more »

RIP – Coca-Cola Quietly Snuffs out Diet Coke Variations

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If you were a fan of Diet Coke’s variations of lime, lemon, mango, orange, and cherry, they have been quietly phased out of stores and online. Questions: 1. When were the products launched? (click on the hyperlink in the article which says: “massive overhaul of Diet Coke”) 2. The move was made to attract millenials…. Read more »

A Not-for-Profit Billion Dollar Business

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As the incident of the recent separation of some 2,300 migrant children from their families unfolded, we learned that the nonprofit, Southwest Key Programs, won more than $1 billion in federal contracts since 2015 to run shelters and/or provide other services to immigrant children in federal custody. Questions: 1. About how many contractors operate more… Read more »

What could go wrong?

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General Motors and Volvo have partnered with Amazon to deliver packages to car trunks in 37 U.S. cities, as the e-commerce giant seeks new delivery methods for customers who may be wary of leaving packages outside or allowing couriers into their homes. Questions: 1. What are some of the security concerns? 2. This project follows… Read more »

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 »

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 »

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 »

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 »