McDonald’s and America’s new low-wage economy explained

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Description: Who owns your local McDonald’s or builds your cell phone tower does not matter much to consumers. But it has huge implications for workers. Source: Fortune.com Date: May 23, 2014 Link: http://finance.fortune.cnn.com/2014/05/23/mcdonalds-and-americas-new-low-wage-economy-explained/?iid=SF_F_River Questions for discussion: How are wages determined? In your opinion, what are the social responsibilities of the large corporations in this matter?

Can a virtual incubator democratize entrepreneurship?

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Description: Zana, a new virtual incubator from a prominent venture capitalist, aims to bring startup education to the masses. Source: Fortune.com Date: May 23, 2014 Link: http://tech.fortune.cnn.com/2014/05/23/can-a-virtual-incubator-democratize-entrepreneurship/?iid=SF_F_River Questions for discussion: How does this concept work? Do you think it is a good tool that can be used by managers?

Protesters: Double minimum wage!

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Description: Fast food workers are on the streets again, demanding employers double their federal minimum wage to $15 an hour. Source: CNNMoney.com – video report Date: May 15, 2014 Link: http://money.cnn.com/video/news/2014/05/15/fast-food-protests.cnnmoney/index.html Questions for Discussions: What are the arguments surrounding the minimum wage issues? What do you think the government should do? How does this issue… Read more »

Sears is in serious trouble

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Description: Sears used to be an American retail icon. Ditto for Sears-owned Kmart. But with sales plunging and losses mounting, the only thing left for Sears to do is sell assets and close stores. That’s not a reason to buy the stock. Source: CNNMoney.com – video report Date: May 15, 2014 Link: http://money.cnn.com/video/investing/2014/05/14/investing-the-buzz-sears-kmart-retailer-eddie-lampert.cnnmoney/index.html Questions for… Read more »

Study: CVS has largest CEO-to-worker pay disparity among top companies

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Description: CEO Larry Merlo makes 422 times the median wage for CVS workers. Source: Fortune.com Date: May 15, 2014 Link: http://management.fortune.cnn.com/2014/05/15/cvs-ceo-worker/ Questions for discussion: What does this report suggest about executive compensation and that of the average worker they manage? Is there a “correct” ratio? How does this research relate to the minimum wage debate?… Read more »

Dairy Queen CEO on the minimum wage

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Description: Dairy Queen CEO John Gainor says ‘people need to be paid a fair wage,’ low wages are connected to turnover, and that the company is currently dealing with rising minimum wages in states. Source: CNNMoney.com – video report Date: May 07, 2014 Link: http://money.cnn.com/video/news/2014/05/07/n-dairy-queen-ceo-minimum-wage.cnnmoney/index.html Questions for Discussions: How does John Gainer see the impact… Read more »

Munger: ‘Finance needs a few prosecutions’

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Description: Warren Buffett’s right hand man, Charlie Munger, says banks are behaving better, but it’s important to charge some individuals with crimes to really change the culture. Source: CNN.com – video report Date: May 06, 2014 Link: http://money.cnn.com/video/news/2014/05/06/n-charlie-munger-bank-prosecution-criminal-charges-financial-crisis.cnnmoney/index.html Questions for Discussions: What does Charlie Munger have to say about controlling questionable behavior of top corporate… Read more »

How to get your products on Whole Foods shelves

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Description: Barry Turner, co-founder and CEO of Lenny & Larry’s, discusses the company’s organic foods and expansion plans with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg) Source: Businessweek.com – video report Date: May 06, 2014 Link: http://www.businessweek.com/videos/2014-05-06/from-american-gladiator-to-organic-food-co-founder#r=nav-f-video Questions for Discussions: How important is Barry Turner’s identity as a body builder for the success… Read more »

For NBC, a bet on the Olympics is anything but a game

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Description: The network’s extension through 2032 has media outlets gaping at the scope of this big gamble on the future of the Games. But the deal is anything but surprising. Source: Fortune.com Date: May 09, 2014 Link: http://features.blogs.fortune.cnn.com/2014/05/09/for-nbc-a-bet-on-the-olympics-is-anything-but-a-game/?iid=SF_F_River Questions for discussion: According to the report, what motivated NBC management to make this deal? What are… Read more »