Biden pushed railways, unions to ‘be creative’ and ‘flexible’ to reach a deal and avoid a shutdown, White House says

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Description: President Joe Biden urged railway executives and union leaders to be creative and flexible in finding a compromise to avoid a shutdown that could have disrupted the transport of goods across the U.S., White House Press Secretary Karine Jean-Pierre said. Source: CNBC.com – video report Date: Sep 15, 2022 Link: https://www.cnbc.com/2022/09/15/biden-pushed-railways-unions-to-be-creative-white-house-says.html Questions for discussion: What does… Read more »

Indigo’s new CEO Peter Ruis hopes to make retailer ‘bigger and bolder’

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Description: Promotion ushers in a new era for Canada’s largest book store Source: FinancialPost.com ​Date: Sep 09, 2022 Link: https://financialpost.com/news/retail-marketing/indigos-new-ceo-peter-ruis-hopes-to-make-retailer-bigger-and-bolder Questions for discussion: Based on information in this article, what makes Peter Ruis a good choice for this managerial position, in your opinion? What advice would you pass along to him that would help Indigo?… Read more »

Fred Franzia, creator of ‘Two Buck Chuck’ and champion of affordable wine, has died

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Description: Fred Franzia, the man behind the famous “Two Buck Chuck,” died on Tuesday at age 79. Source: NPR.org Date: Sep 15, 2022 Link: https://www.npr.org/2022/09/15/1123070279/fred-franzia-two-buck-chuck-wine-bronco-dies Questions for discussion: What does the article say about the marketing of wine and consumer perception of price, in particular? Do you think $2 wine could sell as well in… Read more »

Peloton co-founders John Foley and Hisao Kushi are leaving the company in a broad executive shakeup

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Description: Peloton on Monday announced the resignations of two of the company’s founders and another top executive, marking the end of an era for the struggling fitness-equipment company as CEO Barry McCarthy dramatically reshapes the business. Source: CNBC.com – video report Date: Sep 13, 2022 Link: https://www.cnbc.com/2022/09/12/peloton-co-founders-john-foley-hisao-kushi-are-leaving-company.html Questions for discussion: What has happened at the firm… Read more »

Change Doesn’t Happen in a Day. That’s Why Consistency Is Key.

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Description: Changing is an incremental, repetitive task that takes time. But if you earnestly do your best to better yourself, you will succeed. Source: Entrepreneur.com Date: Sep 01, 2022 Link: https://www.entrepreneur.com/leadership/change-doesnt-happen-in-a-day-so-stop-expecting-it-to/432656 Questions for discussion: Summarize what the article says about making change happen. Do you agree with this prescription for orchestrating change? What would you… Read more »

The 3 worst mistakes bosses can make during a recession that lead employees to quit

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Description: In regular times, good bosses can be hard to find. Turbulent economic conditions — like a potentially looming recession — can make it so much worse. Source: CNBC.com – video report Date: Sep 10, 2022 Link: https://www.cnbc.com/2022/09/10/worst-mistakes-bosses-can-make-during-recessions-make-employees-quit.html Questions for discussion: Do you agree with this analysis? What would you add to the discussion?

Paging Dr. Retail: Walmart, CVS Expand Healthcare Reach

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Description: Retail’s hunger for healthcare isn’t slowing down: Walmart is teaming up with UnitedHealth Group in a 10-year deal aimed at seniors and other Medicare beneficiaries. The news comes hours after CVS announced an $8 billion acquisition of Signify Health, a home-health giant. And it’s about a month after Amazon’s $4 billion purchase of OneMedical…. Read more »

Move over, quiet quitting — frugality is the latest trend in work-life balance

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Description: Call it spending less to work less. The pandemic-fueled generational shift in attitudes toward work has led to the Great Resignation, the antiwork movement and now quiet quitting. But the quest for better work-life balance is also shedding new light on an old strategy: accepting lower pay for a less-demanding job. Source: BNNBloomberg.ca – video report Date: Sep 02, 2022 Link:… Read more »

Burger King unveils $400 million plan to revive U.S. sales with investments in renovations and advertising

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Description: Burger King on Friday said it plans to spend $400 million over the next two years on advertising and renovating its restaurants as part of a broader strategy to revive lagging U.S. sales. Source: CNBC.com Date: Sep 09, 2022 Link: https://www.cnbc.com/2022/09/09/burger-king-400-million-plan-to-revive-us-sales-with-remodels-advertising.html Questions for discussion: Summarize the highlights for the future. What do you think… Read more »

Why the Housing Market Is Not in Recession

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Description: Wharton real estate professor Fernando Ferreira doesn’t believe the U.S. housing market has entered a recession. Source: https://knowledge.wharton.upenn.edu Date: Sep 06, 2022 Link: https://knowledge.wharton.upenn.edu/article/why-the-housing-market-is-not-in-recession/ Questions for discussion: What does the article say is happening in the real estate industry? Why is this industry so important to understanding the economy? How are business decisions affected by changes… Read more »