Description: Quebec will give $1 billion to bailout Bombardier. Bombardier reported a $4.9 billion loss in Q3. With this investment, Quebec is hoping that Bombardier’s CSeries jet airliners will eventually succeed. Source: CBC Date: October 29, 2015 Video Link: http://www.cbc.ca/player/News/Business/ID/2678070928/ Questions for Discussion: Should governments bailout large corporations? Does Quebec have good reasons to invest taxpayers’… Read more »
Posts Tagged: Chapter 1 on Introducing Management
Using social media to promote your business
Due to the rise in internet and digitalization, the revenues of the music industry had fallen from $15bn in 2000 to $10bn in 2007. While music industry was being hardly hit by the internet, Troy Carter took Lady Gaga in his talent agency “Coalition Media”. He knew he could make her a huge star like… Read more »
RIM loses $3 billion in one day
On the back of dismal second quarter results, in which RIM reported that its profit dropped 58 per cent to US$329 million and its revenue fell 15 per cent to US$4.2 billion, the Toronto Stock Exchange and NASDAQ saw massive selling of the RIM stock. On Friday alone, RIM lost $3 billion in its stock… Read more »
