Description: Canada’s annual inflation rate came in hot once again in September, and Scotiabank economist Derek Holt sees the Bank of Canada responding with a series of rate hikes beginning next year. Source: BNNBloomberg.ca – video report Date: Oct 20, 2021 Link: https://www.bnnbloomberg.ca/not-transitory-at-all-scotia-economist-sees-eight-boc-rate-hikes-1.1669087 Questions for discussion: Summarize the arguments presented that rate increases are coming?… Read more »
Monthly Archives: October 2021
Netflix’s ‘Squid Game’ success opens doors for competition to take advantage of cheaper global production costs
Description: In the streaming wars, one company’s hit is another company’s failure. Netflix’s “Squid Game” is an exception. Source: CNBC.com – video report Date: Oct 16, 2021 Link: https://www.cnbc.com/2021/10/16/netflixs-squid-game-success-shines-light-on-international-discounts.html Questions for discussion: What is happening in the global marketplace of entertainment production? Why is it so critical that the product appeal to an American audience? What… Read more »
David Schonthal On Innovation And New Ideas – This Week’s Six Pixels of Separation Podcast
Description: David Schonthal is a Clinical Professor of Innovation & Entrepreneurship at the Kellogg School of Management, where he teaches courses in new venture creation, design thinking, business acquisition, healthcare entrepreneurship, corporate innovation and creativity. He also serves as the Faculty Director of Kellogg’s Zell Fellows Program, a selective venture accelerator program designed to help student entrepreneurs. Outside… Read more »
Easy Tips to File Your Tax Return Correctly
This article by Perez and Howard mentions that the average tax return in 2020 was $2549. However, in many instances these returns can be fraught with mistakes and be delayed for long periods, and in some cases permanently. The article goes on to mention 8 tips that any tax filer can follow to avoid the… Read more »
Inflation is here. It’s ugly. It stings. But it could make you money
Description: Funny (or sad, depending on how you look at it) short story from this past week that will inspire you to (hopefully) scrutinize your portfolio as we head into 2022. Source: Yahoo.Finance – video report Date: Oct 11, 2021 Link: https://finance.yahoo.com/news/inflation-is-here-its-ugly-it-stings-but-it-could-make-you-money-morning-brief-091043620.html Questions for discussion: Summarize the analysis presented in this report. How does inflation… Read more »
A Nobel Prize for a revolution in economics
Description: Sure, winning the Nobel Prize in economics may be one of the crowning achievements of David Card’s storied career. Source: NPR.org Date: Oct 12, 2021 Link: https://www.npr.org/sections/money/2021/10/12/1045152279/a-nobel-prize-for-a-revolution-in-economics Questions for discussion: What is the essence of the revolution, as explained in this report? What are some other tests you would want to see carried out… Read more »
Southwest Airlines reduces cancellations after chaos sparked traveler outrage
Description: Southwest Airlines canceled 87 flights, or 2% of its schedule, on Tuesday, a sign the carrier is stabilizing its operation after chaos over the weekend disrupted the travel plans of tens of thousands of customers. Source: CNBC.com – video report Date: Oct 12, 2021 Link: https://www.cnbc.com/2021/10/12/southwest-airlines-reduces-cancellations-after-mass-cancellations-from-staffing-shortage.html Questions for discussion: What happened at the airline to… Read more »
Dorel selling bicycle business for US$810M; shares soar
Description: Dorel Industries Inc. is selling its sports division to Dutch transportation conglomerate Pon Holdings B.V. for US$810 million as the Montreal-based company looks to reduce its debt load. Source: BNNBloomberg.ca – video report Date: Oct 12, 2021 Link: https://www.bnnbloomberg.ca/dorel-selling-bicycle-business-for-us-810m-shares-soar-1.1665168 Questions for discussion: Explain why this sale by the firm makes sense as a defensive… Read more »
Americans’ Trust in Media Dips to Second Lowest on Record
Description: WASHINGTON, D.C. — Americans’ trust in the media to report the news fully, accurately and fairly has edged down four percentage points since last year to 36%, making this year’s reading the second lowest in Gallup’s trend. Source: Gallup.com Date: Oct 07, 2021 Link: https://news.gallup.com/poll/355526/americans-trust-media-dips-second-lowest-record.aspx Questions for discussion: Summarize and explain the concerns with… Read more »
Methane from cow burps and farts is a big contributor to climate change — feeding them seaweed may help
Description: Methane is a major contributor to global heating, and cows produce a lot of it. There may, however, be a way to reduce all that gas: seaweed. Source: CNBC.com – video report Date: Oct 12, 2021 Link: https://www.cnbc.com/2021/10/12/seaweed-could-help-cow-farts-contribute-less-to-climate-change.html Questions for discussion: What are the possible business opportunities related to this research? How can Maine… Read more »