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 »
Posts Categorized: Video Report
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 »
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 »
Impact of Apple Watch on Swiss Watch Brands
Description: Apple Watch will hit the stores next month. It is expected that it will reach sales of 20 million to 30 million units annually in the first few years; in comparison, the four-century old Swiss watch industry exported 28.6 million watches in 2014. Apple Watch is likely to challenge the mighty Swiss watch brands… Read more »
The Turnaround of Air Canada
Description: Air Canada broke out of its sluggish performance and in 2014 posted a record annual profit of $531 million. Source: CBC Date: March 05, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2657291092/ Questions for Discussion: Discuss the growth and then the decline of Air Canada over the years? Which factors led to Air Canada’s recent surge in performance? In… Read more »
Apple Working on an Electric Car
Description: Apple Inc. is pushing its team to begin manufacturing of an electric car by 2020. Apple seems set to get in to direct competition with Tesla Motors Co. and General Motors Co., who are scheduled to roll out their electric car costing less than $40,000 by 2017. Source: Business News Network Date: February 20,… Read more »
