Description: The Anti-Defamation League is urging Adidas to sever ties with Ye, calling out his recent hateful comments in a letter to Adidas CEO Kasper Rorsted and Chairman Thomas Rabe. The rapper and designer, formerly known as Kanye West, has in recent weeks made several degrading remarks about Jewish people and targeted his business partners with… Read more »
Monthly Archives: October 2022
Pfizer CEO: 2023 will be a ‘pivotal year’ as COVID-19 drug sales wane
Description: Americans are moving on from COVID-19. Most public places, transit, and municipalities have gotten rid of mask mandates. Vaccine booster rates have plateaued, even with the introduction of a new “bivalent” shot targeting multiple variants, including Omicron. Source: Yahoo.Finance.com – video report Date: Oct 18, 2022 Link: https://ca.finance.yahoo.com/news/pfizer-ceo-2023-pivotal-year-as-covid-19-drug-sales-wane-195020896.html Questions for discussion: How is the… Read more »
Moderna and Merck will jointly develop a cancer vaccine for high-risk melanoma patients
Description: Moderna and Merck will jointly develop and sell a cancer vaccine that is personalized for individual patients, the companies announced on Wednesday. Source: CNBC.com Date: Oct 12, 2022 Link: https://www.cnbc.com/2022/10/12/moderna-and-merck-will-jointly-develop-a-cancer-vaccine-for-high-risk-melanoma-patients.html Questions for discussion: Do you think think this collaboration is the right decision for both companies? What do you think about the bump in stock price? Would… Read more »
‘The Cash Monster Was Insatiable’: How Insurers Exploited Medicare for Billions
Description: By next year, half of Medicare beneficiaries will have a private Medicare Advantage plan. Most large insurers in the program have been accused in court of fraud. Source: NYTimes.com Date: Oct 08, 2022 Link: https://www.nytimes.com/2022/10/08/upshot/medicare-advantage-fraud-allegations.html Questions for discussion: What does the report say about the reasons for the growth of these insurance companies? Should… Read more »
A great week that adds to Deere & Company’s (NYSE:DE) one-year returns, institutional investors who own 72% must be happy
Description: If you want to know who really controls Deere & Company (NYSE:DE), then you’ll have to look at the makeup of its share registry. We can see that institutions own the lion’s share in the company with 72% ownership. In other words, the group stands to gain the most (or lose the most) from… Read more »
Seven in 10 Canadians want more domestic oil & gas output to cut Russian influence: poll
Description: More than 70 per cent of Canadians support increasing the country’s oil and gas production to reduce global dependence on Russian energy exports, according to a new poll released on Wednesday. Source: Yahoo.Finance.com Date: Oct 12, 2022 Link: https://ca.finance.yahoo.com/news/seven-in-10-canadians-want-more-domestic-oil-gas-output-to-cut-russian-influence-poll-161700849.html Questions for discussion: Summarize the key points presented in the article. What impact, if any,… Read more »
Mismanagement and ‘Monster Trains’ Have Wrecked American Rail
Description: After World War II, railroad companies ceded freight, including mail and perishables, to semi trucks and instead favored goods like newsprint, chemicals and steel coils, which could sit in rail yards for days. Many freight companies made this change enthusiastically; trucking’s rise gave them a strong reason to stop servicing goods that were financial and… Read more »
The economics of Costco rotisserie chicken
Description: Costco’s popular chickens have stayed fixed at $4.99 for more than a decade — even in the face of raging inflation. But it’s come at a cost. Source: TheHustle.com Date: Oct 08, 2022 Link: https://thehustle.co/the-economics-of-costco-rotisserie-chicken/ Questions for discussion: Why has Costco kept chicken prices fixed? How has this strategy fit with overall branding strategy?… Read more »
How John Deere plans to build a world of fully autonomous farming by 2030
Description: Can John Deere become one of the leading AI and robotics companies in the world alongside Tesla and Silicon Valley technology giants over the next decade Source: CNBC.com Date: Oct 02, 2022 Link: https://www.cnbc.com/2022/10/02/how-deere-plans-to-build-a-world-of-fully-autonomous-farming-by-2030.html Questions for discussion: Based on the report, how would you answer the question posed at the start? How should investors… Read more »
The banker who caused the 1929 stock crash
Description: At the outset of the Depression, Charles Mitchell was the most wanted banker in America. Today, his name’s largely been forgotten. Source: TheHustle.com Date: Oct 02, 2022 Link: https://link.thehustle.co/view/6336092910af034736048108heacb.ymsz/f4024843 Questions for discussion: What caused the crash, according to the article? Do you see similarities in today’s market and investing environment? Do you have any… Read more »
