Description: For all the excitement around places like Austin and Miami, the biggest tech expansion has been in Canada’s largest city. Source: NYTimes.com Date: Mar 21, 2022 Link: https://www.nytimes.com/2022/03/21/technology/toronto-tech-boom.html Questions for discussion: Explain what is happening in Toronto and how the city is managing to draw IT developers. What does this report suggest to other… Read more »
Posts Categorized: International Business
Starbucks’ 3-pronged effort to create a more inclusive future for the brand
Description: Starbucks (SBUX) is taking action to eliminate “points of exclusion” for customers across the globe and connect more with consumers and their communities. Source: Yahoo.Finance.com Date: Mar 15, 2022 Link: https://finance.yahoo.com/news/starbucks-takes-steps-toward-more-inclusive-future-here-are-three-ways-how-130048812.html Questions for discussion: How is management improving operations and eliminating points of exclusion? What are the overall benefits of this way of thinking?… Read more »
Tim Hortons to open first store in India this year in continued push to become global brand
Description: Plans to expand to 300 restaurants across the country in the next decade Source: FinancialPost.com Date: Mar 15, 2022 Link: https://financialpost.com/news/retail-marketing/tim-hortons-to-open-first-store-in-india-this-year-in-continued-push-to-become-global-brand Questions for discussion: Why is the firm expanding in India? Do you think they will succeed there? Should they modify their business model in any way because they are in India?
Peloton Got Trapped in Its Trillion-Dollar Fantasy
Description: Fueled by manic demand during the early days of Covid, the company spent the next two years chasing a dream of fitness dominance. Source: Bloomberg.com Date: Mar 10, 2022 Link: https://www.bloomberg.com/news/features/2022-03-10/peloton-stock-drop-puts-bike-brand-on-path-to-nowhere?srnd=businessweek-v2 Questions for discussion: What does the report say about the strategic planning at the firm and why it fell apart? What do you… Read more »
Tesla bull says approval of Berlin Gigafactory removes major overhang on the stock
Description: A “major overhang” on Tesla’s stock has been removed after German authorities said the carmaker could start production at a new factory in Berlin, according to Wedbush analyst Dan Ives. Source: CNBC.com – video report Date: Mar 07, 2022 Link: https://www.cnbc.com/2022/03/07/tesla-berlin-gigafactory-approval-removes-major-overhang-on-the-stock.html Questions for discussion: What is so significant about this announcement for the company production plans and the… Read more »
Car Industry Woes Show How Global Conflicts Will Reshape Trade
Description: The war in Ukraine has highlighted the risks of doing business with authoritarian countries — not just Russia, but also China. Source: NYTimes.com Date: Mar 07, 2022 Link: https://www.nytimes.com/2022/03/07/business/cars-russia-china-trade.html? Questions for discussion: What does the article say about supply chains, globalized manufactuering issues and the current crisis? What are the possible changes going forward,… Read more »
For Warren Buffett, Apple is his new Cola-Cola as the investing icon reaps $100 billion in six years
Description: Warren Buffett’s recent success from his massive Apple bet is spurring comparisons with the legend’s greatest investment of all time — Coca-Cola. Source: CNBC.com – video report Date: Mar 03, 2022 Link: https://www.cnbc.com/2022/03/03/for-warren-buffett-apple-is-his-new-cola-cola-as-the-investing-icon-reaps-100-billion-in-six-years.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: What do you believe draws Warren Buffet to Apple? What are the commonalities between Apple and Coca Cola? What does this… Read more »
How Apple, Big Tech benefit from taking on Russia
Description: Silicon Valley’s tech giants are joining the rest of the business world in pulling their products and services from Russia. Companies like Apple (AAPL) have cut ties to the Russian market entirely to protest the invasion of Ukraine, while firms like YouTube (GOOG, GOOGL) , Meta (FB), and Microsoft (MSFT) are limiting the availability of Russian propaganda networks like RT and… Read more »
What the blockbuster Microsoft and Sony deals mean for the future of gaming
Description: Big moves are happening in the video game industry. Microsoft, the tech giant behind the Xbox console, announced plans in early 2022 to buy Activision Blizzard, the force behind “Call of Duty” and “World of Warcraft,” among other major titles. This $68.7 billion all-cash acquisition is expected to close in 2023. If approved by regulators… Read more »
Etsy CEO talks earnings, raising seller fees, and advertising to men
Description: Etsy CEO Josh Silverman joins Yahoo Finance Live to discuss the company’s earnings, its reinvestment in the platform, raising fees, and attracting male users with NFL ads. Source: Yahoo.finance.com – video report Date: Feb 25, 2022 Link: https://finance.yahoo.com/video/etsy-ceo-talks-earnings-raising-155135053.html?contentType=VIDEO Questions for discussion: Why did Etsy’s stock value shoot up? Why did it fall so dramatically… Read more »
