Japanese company Toyota Motor Corporation recalled 6.4 million vehicles worldwide in efforts for quality control. It is according to an article from the Wall Street Journal by Hiroyuki Kachi. Twenty seven models were recalled in this big blow to the company’s quality control. This event happened after it was discovered that there were defects in some of the Toyota Models. The defects include problems with the steering wheel, air bags, peddlers, and the engine starters (Kachi). Two vehicles in Japan caught fire due to defects on the airbags. The business strategy of the company to report, and recall ...
Wall Street Article Reviews Samples For Students
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“Walmart Warns about Holiday Earnings’
This article discusses the issue of decreased earnings from major retailers like Walmart and Target. The author examines holiday earnings and finds that they are a bit up from last year but not enough to combat the loss over the last three months. Retailers blame the cut back on food stamps and the unusually cold winter for causing economic distress upon their main customer base. The government’s cut back on government programs, while seen as a cause of distress for retailers, is considered essential to managing the government’s own economic problems. While I can see both sides of the ...
Executive summary
This article discusses the topic are there issues with revenue –neutral carbon tax as reported on the wall street journal of April 17th 2013.with increased campaign on the need for reduction on emissions that have caused an increase in the quantity of green house gases that have led to dramatic climatic changes.
According to the Washington post of 25th April 2013, it’s depicted that, “For years it’s been obvious in policy-wonk circles that a carbon tax is a great idea.”
Many nations especially the developed ones like those in Europe have in America have opposed this move ...
Log Assignment #1: DOJ/SEC Drop Bribery Probes of 3M
In an article written by Matthews (2012), the author disclosed that the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) reportedly dropped their probe on allegations of bribery for 3M, in the company’s subsidiary transactions and dealings in Turkey. The report indicated that no charges were made since 3M, which voluntarily initiated the investigations, were noted to cooperate and disclose all crucial information. The investigations were actually delved into in an effort to intensify 3M’s corporate compliance and adherence to ethical standards.
One strongly admired the move as initiated by 3M to investigate ...
White collar crimes are financially motivated and non-violent crimes majorly committed by people of high social status. The term “white collar crime” was coined in 1939 by Edwin Sutherland in his speech to the American Sociological Society.White collar crimes are difficult to detect and prosecute. Perpetrators employ highly sophisticated methods to commit crimes and hide the heinous activities through a chain of complex financial transactions. Punishment for these crimes involve: incarceration, restitution, community service, probation, criminal forfeiture, fines or disgorgement.
Bernie Madoff's $50 Billion Ponzi Scheme-Forbes Magazine
This prominent investor was involved in a Ponzi investment scam with the Madoff’s Hedge Fund. A Ponzi scheme is a fraudulent ...
Article 1
Business strategies can be of many natures including mergers and acquisition. Acquisitions assist in attaining total control of the market and cost of production which is the main objective of Delta Air Lines. The management decided to acquire the Trainer refinery located in Philadelphia. This would cost the company about $ 150 million as initial cost and $ 100 million to make an overhaul of the refinery thus increasing the fuel extracted. This cost would be incomparable to the benefit acquired, which would be reduced cost of the fuel prices spent by the company. The escalating cost of fuel has driven ...
Business
It is ethically wrong for the LPS Company to employ improper fee structure which results to double-billing the mortgage investors for legal services which is related to the processing of the foreclosures and the bankruptcies. Timaraos (2013). this is actually ethically wrong.
The company’s ethical duty could have been to provide the right information to the clients rather than exploiting them on the basis of providing them with the improper fee structure which resulted to double-billing their mortgage for legal services which is related to the processing of the foreclosures and the bankruptcies. I therefore propose that ...
An article by Dawson on the Wall Street Journal indicates that North Dakota has been a major source of oil over the past years. Statistics put its production at 1.2 million oil barrels a day. However, lack of proper infrastructure and the need to drill deeper in these areas have made it costly. Conversely, the prices have dropped to $50 a barrel, and the owners have considered selling the fields. The wells have been idle for some years and have been considered by new investors as a fortune. The fields are on hold for prices to balance in the ...
Summary of the WSJ article
The article by the Wall Street Journal illustrates the drop in oil prices over the years in the United States and the global market. According to the article, the oil market is not attractive to investors all over the world due to the dropping prices of fuel over the years. Oil prices have dropped significantly to settle at very low prices per barrel. The US economy currently regards oil as one of the worst performing commodities in the country which is unlike the previous years where oil was one of the most profitable investments. According to the article, the ...
This is a review of the article “GMO Labeling Law Roils Food Companies” written by Annie Gasparro and Jacob Bunge. The article was published on March 20, 2016, in the Wall Street Journal.
A law that requires food companies to put GMO labels on their products is set to take effect on July 1 2016 in Vermont (Gasparro & Bunge par 1). This law puts food producers and processors in a difficult position. Although Vermont represents a small part of the market, it is not economically feasible for most companies to formulate different a distribution system for this area. Developing ...
This paper is an article review of the “Contract Workforce Outpaces Growth in Silicon-Valley Style ‘Gig’ Jobs” published on March 25, 2016, in the Wall Street Journal and authored by Ann Louie Sussman and Josh Zumbrun.
The contract worker trend has extended beyond the Silicon Valley businesses. This labor shift has invaded the American economy and is evident in sectors such as transport and healthcare. Uber has popularized contract workers using drivers on demand. Drivers are summoned using an app and are paid according to the rides they take. Industries that previously offered permanent jobs are now increasing the ...
Steele, Anne. "Bumble Bee Recalls Tuna for Possible Contamination." Wall Street Journal 17 March 2016. file:///C:/Users/Kingston%20University/Downloads/Bumble%20Bee%20Recalls%20Tuna%20for%20Possible%20Contamination%20-%20WSJ.pdf.
1 Bumble Bee Tuna Recall Can
Problem
Situation
It has been reported that some cans of tuna contain containments that are unsafe for most people and need to be recalled.
Results
Bumble Bee Foods, LLC reported today that it is intentionally reviewing 3 particular UPC codes of canned Chunk Light fish because of procedure deviations that happened in a co-pack office not claimed or worked by Bumble Bee. These deviations were a piece of the business ...
How I Did It
Many startups originate from the idea about meeting people’s needs. In the Internet era, it has become very simple to track what people really look for. This makes some genius ideas really simple. Twice is one of them, being an online marketplace that sells secondhand women’s clothes (Colvin). The idea comes from the necessity to wear nice clothes which price often does not meet somebody’s income. Twice provides people who want to sell used clothes and people who want to buy with a unique opportunity to be satisfied with the price.
Both of its two founders, ...
Article Review:
What Will Happen in the World’s Largest Nation?
Article Review: Bank Ownership and Efficiency in China:
What Will Happen in the World’s Largest Nation?
This article (a draft, notably) was written in 2005, and starts off with the report that China was “partially privatizing” three of its four largest banks and opening them to foreign ownership. The article presents data claiming to demonstrate that allowing foreign ownership would increase “efficiency” levels in the banking sector generally. The article also includes a brief yet interesting history of the Chinese banking system.
Ten years later, the article can be ...
Overview
The wall street journal has over the years been a trusted center for business news and events, and this is a fact that cannot be brushed aside. A number of interesting business events are ever reported by the journal to the extent that insights and future developments are derived. In 2014, WSJ reported about a conflict between the farming industry in the United States and China (Bunge, 1). The gist of the matter was that China had refused the entry of GMO products into their market, stating that it would be injurious to their businesses and by the extent of their economy. ...
Article Summary and Reflection
Article Summary
Andy Pazstor of the Wall Street Journal reports in his article "Pilots Rely Too Much on Automation, Panel Says" that the Federal Aviation Administration (FAA) commissioned a study which determined two hazards to airline passengers. The first is that commercial airline pilots have become too dependent on automation, or the so-called autopilot. As a consequence, pilots are said to have "poor manual flying skills" or poor decision-making and are unable to adjust to changes in cockpit technology. The second hazard is "inadequate training" by commercial airliners that the FAA believes impede the pilot's capacity to fully master advanced ...
The issue of Elder Abuse has become a frequent topic for many journalists and organizations. One such story ‘Lawsuits Rattle Nursing Home Chains’ by Jennifer Smith found in the Oct 3, 2014 copy of the Wall Street Journal highlighted many pressing issues. With a perception built around the need to bring larger nursing home organizations under better oversight, this article details the successful efforts of many patients to win substantial sums from perceived elder abuse on the part of the larger organizations. As the article develops, there is the question of lawyer’s profits exceeding the benefits to the client that ...
The article entitled “Why Chinese Mothers Are Superior” written by Amy Chua and published online in The Wall Street Journal proffered pertinent issues relative to the alleged superiority of Chinese mothers in raising their children. Chua contended that Chinese parents apply a significantly anti-thetical parenting style, as compared to Western parents, that focuses on three perspectives: (1) not being overly anxious on the children’s self-esteem; (2) believing that children owe parents everything; and (3) parents know what is best for their children and therefore decide for them, especially to the extent that children’s preferences and desires are overridden. ...
Article Review on the Marketing Strategies Employed in Nokia Lumia 920
For this assignment, I have chosen the article on Nokia Lumia 920 by Walt Mossberg of the Wall Street Journal to gather marketing concepts and strategies which were applied. From the review, it was found that six marketing strategies and concepts were used by Nokia Lumia 920. These are as follows: 1) value pricing; 2) value networks; 3) selective distribution; 4) product experience; 5) marketing communications mix; 6) persuasive advertising; and 7) trade promotion tools.
1) Value Pricing – Value pricing is a strategy wherein a high-quality product is offered to customers at a fairly low price. This can be done through ...
Lance Armstrong: A True Sport or Not?
Joining and winning competitions may bring one to the peak of his career, yet can also lead him to the unexpected downhill road. Cyclist champion Lance Armstrong is the epitome of one who has recently lived this cycle of life. He worked towards the peak of his career in cycling only to find himself rolling down the road with the entire world’s eyes on that tragic journey.
The article I chose to write a review on is The Unfinished Road of Lance Armstrong written by Jason Gay published in Wall Street Journal. I chose to read this article because ...
Introduction: The Case for Open Borders: Analysis of cross-border illegal immigration from south . . .
Thesis: There are multiple opinions which are for or against the illegal-immigrants coming from the south of border, however it is more important to find a solution which is stable and is in the favor of the people of America.
- Immigration Reform Act of 2,007
- The protests against the act in the media and politics: Perspective of the non-conservatives.
- Questioning the ethics of the immigrants coming from the south of border.
- The problem of availability of cost efficient workforce in America
- The contribution of the Mexicans ...
America is a unique country in many aspects of life from the economy, military strength, political maturity, social connections/mobility, security and the divergent of races/ethnic groups. It has acted as an example to many nations around the world. Each nation from Europe, Asia to Africa, wants to be like the United States. Due to its superiority in major aspects of the nation as it has been a focal point where major decisions affecting the globe emanate. However, this does not mean America is different from other countries in the world. America can be same with other countries in terms governors, religion ...