Surprise, Surprise, Surprise

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United Airlines, the Chicago-based giant at the center of a public relations storm for its forcible removal of a passenger from a weekend flight, has spent more than $41 million during the past decade to lobby the federal government, often battling consumer-friendly causes. Questions: 1. What were some of these consumer-friendly causes that United lobbied… Read more »

March Madness at Uber

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Uber experienced the worst month it has had during its eight-year history in March 2017. There were car crashes, the company president quit, and an entire country turned its back on the app. Questions: 1. Which country forced Uber to withdraw and why? 2. Which company is Uber accused of stealing from and what did… Read more »

Tuition Free College?

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According to CNN, New York just became the first state in the nation to make tuition free for middle class students at both two- and four-year public colleges. Questions: 1. When does this program start? 2. What are the income caps in order to obtain free tuition? 3. What are the restrictions after graduation? 4…. Read more »

YouTube in Hot Water!

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According to the New York Times, there is an expanding advertising boycott of YouTube. This is due to big-spending companies’ doubt about Google’s ability to prevent marketing campaigns from appearing alongside repugnant videos. Questions: 1. Who are some of these companies and what type of content are they finding offensive? 2. Approximately how many hours… Read more »

Detainees for Profit

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Libre, a for-profit company whose name means “free” in Spanish, is charging immigrants who sign contracts $420 per month for their freedom while wearing the company’s GPS devices. The company is now subject to a number of lawsuits and allegations of fraud by immigrants. Questions: 1. Do you think a company should be allowed to… Read more »

Investing In the Name of Christian Values?

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Two new exchange-traded funds offer a “biblically responsible” investing approach by explicitly saying in their regulatory filing that they will avoid buying shares in companies that have “any degree of participation in activities that do not align with biblical values.” According to the New York Times, this includes what they call the lesbian, gay, bisexual… Read more »

Election Day A Holiday?

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According to this article, lawmakers in California have introduced a bill into the State Assembly aimed at increasing voter turnout by making Election Day a paid holiday. Questions: 1. What would be the costs of this bill? Also provide any accounting journal entries that might be required. 2. What would be the benefits of this… Read more »

If you don’t play, you can’t win!

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It seems as if young Americans are showing less interest in buying lotto tickets than their parents. As a result, lottery officials worry about the odds for future growth. Questions: 1. What is the current trend seen in lottery buying? Include percentages and demographic information quoted in the article. 2. What are the key reasons… Read more »

Snags at Starbucks

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At Starbucks, customers are now able to order and pay for coffee via their phones, so many of them now head directly to the part of the cafe where beverages are handed out. Various snags contributed to company’s lower-than-expected sales and the coffee giant is working to correct problem, according to its Chief Operating Officer…. Read more »

Who’s Scrooge this year? Ba-Humbug!

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According to the Washington Post, who sources Senate staffers, the Treasury Department refuses to stop forcing permanently disabled people to pay taxes on student loans that have been canceled, leaving a vulnerable population susceptible to thousands of dollars in charges. Questions: 1. What is the financial problem associated with each dollar forgiven? 2. What is… Read more »