Description: American Eagle shares tumbled Thursday after the company reported fiscal second-quarter revenue short of analysts’ estimates, as its e-commerce business decelerated compared with the prior year. Source: CNBC.com – video report Date: Sep 02, 2021 Link: https://www.cnbc.com/2021/09/02/american-eagle-aeo-q2-2021-earnings.html Questions for discussion: Explain the problems retailers like American Eagle are facing as they adapt to the ever… Read more »
Posts Categorized: Financial Planning
Google will spend $7 billion and add 10,000+ jobs in 2021: Alphabet CFO Ruth Porat
Description: Alphabet CFO Ruth Porat joins ‘Influencers with Andy Serwer’ to discuss Google’s massive $7 billion investment in U.S. offices and new jobs. Source: Yahoo.Finance.com – video report Date: Mar 18, 2021 Link: https://ca.finance.yahoo.com/video/google-spend-7-billion-add-123804119.html Questions for discussion: How is the growth in Google in the U.S. and globally a sign of good economic development? Who… Read more »
United Airlines orders electric vertical aircraft, invests in urban air mobility SPAC
Description: United Airlines believes you may someday take a small electric aircraft to get to the airport. The airline is joining other investors backing Archer, a start-up developing electric vertical takeoff and landing aircraft. If Archer can get its eVTOL certified by the Federal Aviation Administration, it expects to deliver the first aircraft in 2024. Source: CNBC.com… Read more »
Hyundai, Kia shares tumble after automakers say they’re not in talks with Apple to develop a car
Description: South Korean automakers Hyundai Motor and Kia Motors said Monday they are not in talks with Apple to develop an autonomous vehicle. Hyundai Motor shares fell 6.21% in South Korea on Monday while Kia Motors shares plunged about 15%. Other affiliates including Hyundai Wia, Hyundai Mobis and Hyundai Glovis also fell sharply. Source: CNBC.com – video… Read more »
Where to Look for ‘Hidden’ Covid Relief Funding
Description: Finally, there is a new crop of pandemic relief for small businesses. You just have to know where to look for it. Source: Inc.com Date: Jan 28, 2021 Link: https://www.inc.com/elizabeth-gore/where-to-look-for-hidden-relief-funding.html Questions for discussion: How should small businesses look at these funding opportunities as part of their overall approach to planning? What other sources should… Read more »
The Future of Offices When Workers Have a Choice
Description: Some work spaces in central employment districts may become housing, and some housing in residential areas may become work spaces. Source: NYTimes.com Date: Jan 04, 2021 Link: https://www.nytimes.com/2021/01/04/upshot/work-office-from-home.html Questions for discussion: What does the article predict will happen to future office and residential real estate? What does this mean for the real estate industry… Read more »
It’s no surprise that Amazon, Berkshire, JPM health venture Haven is disbanding: Experts
Description: The news that Haven, the joint health-care venture between Amazon (AMZN), Berkshire Hathaway (BRK-A, BRK-B) and JPMorgan (JPM), will disband next month came as no surprise to many health care experts. Source: Yahoo.Finance.com – video report Date: Jan 04, 2021 Link: https://ca.finance.yahoo.com/news/its-no-surprise-that-amazon-berkshire-jpm-health-venture-haven-is-disbanding-experts-213818212.html Questions for discussion: Why did Haven fail to disrupt the health care industry? How significant… Read more »
Tesla’s Musk claims ‘during dark days of Model 3’ he sought an Apple buyout
Description: Elon Musk on Tuesday wasn’t about to let Apple Inc, suck up all the oxygen on Wall Street, on the back of reports that the iPhone maker was again considering rolling out an electric vehicle of its own by 2024. Source: MarketWatch.com Date: Dec 22, 2020 Link: https://www.marketwatch.com/story/teslas-musk-claims-during-dark-days-of-model-3-he-sought-an-apple-buyout-11608675875 Questions for discussion: Would a merger… Read more »
Uber Jettisons Flying Car Project
Description: A day after handing its autonomous car project to a Silicon Valley start-up, Uber is ridding itself of another expensive operation. Source: NYTimes.com Date: Dec 08, 2020 Link: https://www.nytimes.com/2020/12/08/technology/uber-jettisons-flying-car-project.html Questions for discussion: Why is Uber out? Did this venture ever really fit Uber’s business model? How should investors respond to these decisions?
About 150 Cadillac dealers take GM buyouts rather than invest in EVs
Description: DETROIT – About 150 General Motors dealers have accepted buyouts and will stop selling Cadillacs as the Detroit automaker pivots the luxury brand to lead its all-electric vehicle efforts, a person familiar with the details confirmed to CNBC. Source: CNBC.com – video report Date: Dec 05, 2020 Link: https://www.cnbc.com/2020/12/04/about-150-cadillac-dealers-take-gm-buyouts-rather-than-invest-in-evs.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: Explain why some dealerships… Read more »
