Description: In a significant step towards their goal of introducing self-driving cars to consumers in the next five years, Google will test their two-seater self-driving cars in Mountainview, California. This will be the first time that people will actually see these cars on the road. Source: Huffington Post Date: May 15, 2015 Video Link: http://www.huffingtonpost.ca/2015/05/15/google-s-pod-like-two-seater-is-next-step-to-driverless-car-to-hit-public-roads-this-summer_n_7290218.html?utm_hp_ref=canada-business… Read more »
Posts By: tonym
More job cuts at Bombardier
Description: Bombardier will cut 1750 jobs. They cite international problems in Russia and China as major reasons for these cuts. A major burden of these job cuts will be felt at Bombardier’s Montreal office, where 1000 employees will be laid off. Source: CBC Date: May 14, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2667229488/ Questions for Discussion: 1…. Read more »
Will you pay for videos on YouTube?
Description: Reports have emerged that Google’s video-streaming site, YouTube, is in the process of launching a monthly subscription service. Buoyed by success of Netflix, YouTube may also try to get consumers to spend money for creative content on Internet. Source: CBC Date: April 12, 2015 Text Link: http://www.cbc.ca/news/business/paying-for-youtube-the-next-experiment-in-the-tv-revolution-1.3028271 Questions for Discussion: Will you pay for… Read more »
CEO pay boosted by fellow CEOs
Description: A recent study finds that fellow CEOs may boost CEO pay. Some boards include CEOs of other firms, who might also benefit from voting for a raise in a CEO pay. Source: CBC Date: April 09, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2663187109/ Questions for Discussion: What does the study reveal about CEO pay? Do you feel… Read more »
McDonald’s will increase employee pay and offer vacation benefits
Description: McDonald’s plans to increase employee’s pay by $1 from the minimum local wage; this will apply only to McDonald’s operated locations and not to those run by franchisees—franchisees account for 90% of all McDonald’s locations. Source: Business News Network Date: April 02, 2015 Link: http://www.bnn.ca/News/2015/4/2/McDonalds-will-raise-worker-pay-by-more-than-10-Journal-says.aspx Questions for Discussion: Why has McDonald’s decided to increase… Read more »
Canada’s MBA problems
Description: It seems Canadians are rejecting the MBA program. Applications from Canadian students to MBA programs have declined considerably. With over 100 schools offering MBA programs, this raises a unique challenge for business schools across North America. Source: The Globe and Mail Date: April 03, 2015 Link: http://www.theglobeandmail.com/report-on-business/video/video-mba/article23767894/ Questions for Discussion: Why are Canadian students… Read more »
Kraft and Heinz to Merge
Description: In a major development in the food industry, Kraft Foods Group and Heinz Co. are merging their operations to create a single company with $28 billion in revenue. Warren Buffet proclaimed to play a role in setting-up the merger. There seems to be a major shake-up on the cards for the packaged food business…. Read more »
Future Shop Closes Stores
Description: Future Shop, a consumer electronic retail giant, is closing its stores, resulting in 1,500 job losses. Future Shop is closing 66 stores immediately, and the remainder 65 will turn into Best Buy outlets. Source: CBC Date: March 28, 2015 Video and Text Link: http://www.cbc.ca/player/News/Business/ID/2661222339/ Questions for Discussion: What are the reasons for this closure? Why are… Read more »
Amazon to test drone deliveries
Description: Amazon has won U.S. federal approval to test drone deliveries. This could potentially transform the delivery business. Source: CBC Date: March 19, 2015 Text Link: http://www.cbc.ca/player/News/Business/ID/2659723029/ Questions for Discussion: How will drone delivery benefit Amazon? Is it possible for Amazon to deliver throughout the country using drones? Which other companies in the delivery business… Read more »
Companies find sneaky tactics to increase prices
Description: Consumers do not want to see price increases in grocery stores – So how do companies increase their prices without annoying the consumers? Instead of increasing price, companies reduce the size of the item without reducing the price or the packaging. Source: CBC Date: March 20, 2015 Video and Text Link: http://www.cbc.ca/player/News/Business/ID/2659792798/ Questions for… Read more »
