BUSN435-24s

BUSN435-24s

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Spring festival spending on China's duty-free island hits record
Spring festival spending on China's duty-free island hits record

Contributed by: Dillon Caudle

Brief Description: Shoppers visiting China's island province of Hainan spent a record amount this Lunar New Year Holiday on duty-free goods.

  1. Tourism in China this Chinese New Year has boosted the Chinese economy to the highest in years, so it makes sense that spending was so high in Hainan.
  2. This article is posted by a trustworthy source, aligns with what I already know, and doesn’t appear to be a fake news website when checking online, as well as other trustworthy articles publishing similar stories.
  3. The main claim being made is that Hainan visitors spent a record amount this Lunar New Year Holiday on duty-free goods.
DillonCaudle·reuters.com·
Spring festival spending on China's duty-free island hits record
Post Office scandal: £10k payout 'cruel', says bankrupt victim
Post Office scandal: £10k payout 'cruel', says bankrupt victim

Contributed by: Alyssa Paez

Tony Downey went bankrupt 2 months after selling his post office and Shop when he could no longer cover the shortfalls in his account and only ended up with $10,000 worth of euros in compensation from the horizon post office scandal.

  1. The post office lacks business ethics because when Tony lost his post office in 2001, he was forced to put over €35,000 of his own money with his wife to make up for the losses which never existed and this had to do with their ethical and moral principles
  2. The post office also lacked emotional intelligence as they had already realized the shortfalls and the sacrifices that Tony had to make and still proceeded to let him sell the post office and advised him to declare bankruptcy.
  3. The post office responded with an offer after Tony requested for compensation from the horizon shortfall scheme but they lacked accountability because they only wanted to admit that they were responsible for the losses at his branch but denied the fact that it caused him to go bankrupt.

Alyssapaez, #BUSN435

alyssapz·bbc.com·
Post Office scandal: £10k payout 'cruel', says bankrupt victim
JPMorgan to pay about $350 mln penalty over trade reporting gaps
JPMorgan to pay about $350 mln penalty over trade reporting gaps

Contributed by: Alyssa Paez

JPMorgan Chase and Co will pay civil penalties of about $350 million to regulators for reporting incomplete trading data to surveillance platforms.

  1. JP Morgan's accountability was in question when the government responded to inquiries about its trading processes where certain treating in order data through its corporate and investment banking unit was not fed into the trade surveillance platforms.
  2. This also challenges their business ethics as it makes them look like they are making untrustworthy decisions that puts their moral principles as a business in question.
  3. It seems as though they knew what they were doing when they didn't identify those gaps because they might have used cognitive dissonance because they did not identify any employee misconduct and or harm to clients or market.

Alyssapaez, #BUSN435

alyssapz·reuters.com·
JPMorgan to pay about $350 mln penalty over trade reporting gaps
Lufthansa's Discover unit faces renewed pilots strike | Reuters
Lufthansa's Discover unit faces renewed pilots strike | Reuters

Contributed by: Abigail Reed

  1. When looking up Reuters on wikepdia I found that they employ 2,500 employees and they were founded in 1851. They are also based in London, England
  2. As far as I can tell this site seems credible, It has always been a news publication, I think again they are based in London yet report on issues all around the world
  3. The article discuss the pilot strike that the company Lufthansa is currently facing
Areed21·reuters.com·
Lufthansa's Discover unit faces renewed pilots strike | Reuters
Elon Musk to seek district court review of order in SEC X case
Elon Musk to seek district court review of order in SEC X case

Contributed by: Alyssa Paez

Elon Musk plans to ask District Court to review the judges order siding with the U.S. Securities and Exchange Commission of $44 billion takeover of Twitter investigation.

  1. Elon recognizes cognitive dissonance as he holds beliefs and efforts to reduce tension and issues in the court and to be able to move forward with his Twitter takeover.
  2. The US judge is ordering Elon to testify again in the probe of his takeover of the social media giant again to make sure that his corporate social responsibility and business ethics are for the good of users.
  3. Elons accountability is in question because the SEC is examining whether Musk followed the law when filing the required paperwork about his purchase of the Twitter stock.

Alyssapaez, #BUSN435

alyssapz·reuters.com·
Elon Musk to seek district court review of order in SEC X case
Exclusive: Google to launch anti-misinformation campaign ahead of EU elections
Exclusive: Google to launch anti-misinformation campaign ahead of EU elections

Contributed by: Alyssa Paez

Google is preparing to launch an anti-misinformation campaign across five countries in the European Union, ahead of preliminary elections and tougher new rules tackling online content.

  1. Google’s professional organization, the internal jigsaw unit, which operates to tackle threats to society, will run a series of animated ads across platforms such as tik tok and YouTube in the five countries
  2. They ask viewers for consent after watching ads to fill in a short multiple choice questionnaire to gauge what they've learned about misinformation.
  3. They ethically recognize that many debates have been polarized and democracy could be at stake.

Alyssapaez, #BUSN435

alyssapz·reuters.com·
Exclusive: Google to launch anti-misinformation campaign ahead of EU elections
GM's Cruise hardware chief resigns in latest exit after operations suspended
GM's Cruise hardware chief resigns in latest exit after operations suspended

Contributed by: Alyssa Paez

The head of hardware at General Motors Cruise self-driving unit, Carl Jenkins, resigned from the company, the latest in a series of departures since the company suspended U.S. operations.

  1. The company had to take accountability of failure of software as pedestrians have been impacted and injured in the paths of their self driving cars.
  2. There is a lack of corporate social responsibility for not only their product but for the safety of their consumers and environment, leading to California suspending the company's permit for driverless vehicles which led to the CEO and Co founder resigning.
  3. They use ethical communication to recognize that their platform needed to take a step back in to work to improve detection systems, compute and sensor suites for current and future programs so that they can return as soon as possible.

Alyssapaez, #BUSN435

alyssapz·reuters.com·
GM's Cruise hardware chief resigns in latest exit after operations suspended
The brewing secrets behind tastier no-alcohol beer
The brewing secrets behind tastier no-alcohol beer

Contributed by: Alyssa Paez

The keen appetite for a healthier, non-alcoholic alternative to traditional beer is fuelling innovation as brands explore ways to mimic the taste of traditional beer.

  1. Ethical communication is used in the story as the founders of the US based athletic Brewing Company acknowledged that they do not want to add or remove any ingredients, and be committed to fully making a fermented non alcoholic product. They also decided to use a totally different process to everybody else to make this possible.
  2. Not only do these companies of alcoholic brands recognize the need for healthier products but also to remove the challenges that alcohol presents, drunkenness. So they tap into emotional intelligence to recognize what alcohol could lead into as to why new products like this are being pushed. 3.Their source are bigger breweries such as Heineken which is a leading industry competitor.

Alyssapaez, #BUSN435

alyssapz·bbc.com·
The brewing secrets behind tastier no-alcohol beer
Facebook £3bn legal action given go-ahead in London
Facebook £3bn legal action given go-ahead in London

Contributed By: Gabriel Zamudio

Legal action is being taken against Facebook for 3b pounds.

  1. The BBC is independently run in the UK. They have been accused of siding with their government in many instances though.
  2. Factors that would make this source credible if they only stick to statistics and facts.
  3. The main claim being made is that there is legal action being made towards Facebook from London.
GabrielZamudio·bbc.com·
Facebook £3bn legal action given go-ahead in London
Why Costco is so loved
Why Costco is so loved

Contributed By: Gabriel Zamudio

Costco has been a success as people love the stores.

  1. I am receiving this from The Economist who are liberal.
  2. Factors that may make this not a credible source is if they offer more opinions than facts.
    1. The main claim is they are doing great in their store and through their food court.
GabrielZamudio·economist.com·
Why Costco is so loved
DoorDash sees downbeat Q1 core profit as costs weigh
DoorDash sees downbeat Q1 core profit as costs weigh

Contributed By: Gabriel Zamudio

DoorDash first Quarter profits are reported to be a lot lower than expected.

  1. The source From Reuters and is said to face a lot of controversy, such as working with the CIA.
  2. Factors that would make this a not credible source would be if they offer bias in the data provided.
  3. The main claim being made in the news story is that estimates for the first quarterly profits are not met and shares are down by 7%. #BUSN435 #GabrielZamudio #SIFting
GabrielZamudio·reuters.com·
DoorDash sees downbeat Q1 core profit as costs weigh
Japan unexpectedly slips into a recession
Japan unexpectedly slips into a recession

Contributed by Alondra Carrillo

  1. Japan, slipping into a recession, discussing economic indicators, like GDP contraction, consumer, spending and business investment
  2. Checking the reputation of the publication, or website where the article was published, as well as looking for any potential bias in the article. Seeing if it presents a balance to be or does it seem to have a specific agenda
  3. The main claim in the new story is that Japan unexpectedly slipped into a recession.
Alondra·bbc.com·
Japan unexpectedly slips into a recession
Musk says SpaceX has moved its incorporation to Texas from Delaware
Musk says SpaceX has moved its incorporation to Texas from Delaware

Contributed by Alondra Carrillo

  1. The source is an article about Elon musk, stating that SpaceX has moved its incorporation from Delaware to Texas. 2. The idea that other Google searches of this article make the readers believe that it is a credible source. As well as considering the expertise of the author, in seeing the knowledge and experience that is written. 3. The main claim in the new story is that SpaceX has moved its incorporation from Delaware to Texas.
Alondra·reuters.com·
Musk says SpaceX has moved its incorporation to Texas from Delaware
Daniel Loeb's Third Point slashes stake in Uber
Daniel Loeb's Third Point slashes stake in Uber

Contributed by Alondra Carrillo Daniel Leob’s investment firm third point, reducing its ownership in Uber. It might discuss the reasons behind this decision and the potential implications for both third point and Uber.

  1. The idea that a few years down the road, Uber could potentially go out of business.
  2. Factors that contribute to making a credible source include author expertise, supporting evidence, and objectivity.
  3. Daniel Loebs investment firm third point has reduced its ownership, stake and Uber.
Alondra·reuters.com·
Daniel Loeb's Third Point slashes stake in Uber
Express prepares for debt restructuring and possible bankruptcy, reports WSJ
Express prepares for debt restructuring and possible bankruptcy, reports WSJ

Contributed by Danny Minney Story is about Express approaching bankruptcy and stock price dropping as they restructure their debt.

  1. This story has to do with accountability
  2. This story has to do with corporate social responsibility
  3. Story has to do with business communication #busn435 #CSR #Danny #Ethics
dannyminney·reuters.com·
Express prepares for debt restructuring and possible bankruptcy, reports WSJ
Build-A-Bear, maker of Warren Buffett's Squishmallows face off in court
Build-A-Bear, maker of Warren Buffett's Squishmallows face off in court

Contributed by Danny and Noemi

  1. Reuters - one of the largest news sources in the world
  2. Credible, due to the # of journalists and long-term reporting
  3. Copyright infringement

It said Build-A-Bear "blatantly and intentionally" undermined its goodwill and created substantial confusion among consumers by copying Squishmallows' look and feel, including "shaped fanciful renditions" of animals, "simplified Asian style Kawaii faces," and "velvety velour-like" fabric.

·reuters.com·
Build-A-Bear, maker of Warren Buffett's Squishmallows face off in court
Target considering new paid membership program - Bloomberg News
Target considering new paid membership program - Bloomberg News

Contributed by Alondra Carrillo The main article is exploring the possibility of introducing a new paid membership program. This program could offer additional benefits and perks to members, similar to other popular membership programs. This article relates to justice, because this organization is engaging in adding a new paid program because essentially it means granting them what is rightfully theirs. This also relates to the term beneficence, meaning Target is engaging in a kindly action doing what is best for their employers. Lastly, this also relates to virtue ethics involving traits such as honesty and bravery among Targets organization as a whole.

Alondra·reuters.com·
Target considering new paid membership program - Bloomberg News
Tesla asks which jobs are critical, stoking layoff fears - Bloomberg News
Tesla asks which jobs are critical, stoking layoff fears - Bloomberg News

Contributed by Alondra Carrillo The electric car company is evaluating which jobs within the company are considered critical. This evaluation has raised concerns about potential layoffs among employees. It’s a situation that has sparked fears and uncertainty among Tesla employees and the wider community. This can relate to the term justice, in determining whether the employees of the Tesla should be able to keep their jobs or if the organization should think twice about keeping their employees. Additionally, I also think that this article has to do with the golden rule because when it comes to this company because ethically they should be thinking about not doing anything to their employers that they would not want done to them. Lastly, this article also relates organizational relativism meaning that Tesla must be consistent with goals and overall the flow of the organization.

Alondra·reuters.com·
Tesla asks which jobs are critical, stoking layoff fears - Bloomberg News
Apple is developing foldable clamshell iPhones - The Information
Apple is developing foldable clamshell iPhones - The Information

Contributed by Alondra Carrillo Apple is working on creating iPhones with foldable screens that can be open and close like a clamshell. This new design could potentially offer users, a more compact, portable device, while still providing a larger screen size when unfolded. This relates to the principle of utility, which we learned in class meaning that things are right if they promote happiness and wrong if they tend to produce unhappiness. so essentially, if this foldable clamshell iPhone does not bring satisfaction to Apple consumers the decision of this invention was wrong. This can also have a relation to accountability, because this organization has taken responsibility to answer to their consumers. Lastly, this article also relates to corporate social responsibility because Apple has demonstrated a commitment to contribute positively to the society and environment amongst this new product.

Alondra·reuters.com·
Apple is developing foldable clamshell iPhones - The Information
Bury chicken shop boss loses £12,000 in Tesla trademark row
Bury chicken shop boss loses £12,000 in Tesla trademark row

Contributed By: Gabriel Zamudio Title: Bury chicken shop boss loses £12,000 in Tesla trademark row Amanj Ali tries to trademark his own restaurant with Tesla in the title and in result loses the case.

BUSN435 #Ethics #GabrielZamudio

Bury chicken shop boss loses £12,000 in Tesla trademark row
GabrielZamudio·bbc.com·
Bury chicken shop boss loses £12,000 in Tesla trademark row
Labour ditches £28bn green investment pledge
Labour ditches £28bn green investment pledge

Contributed By: Gabriel Zamudio

Title: Labour ditches £28bn green investment pledge Labour will no longer commit £28bn in green energy projects which they had originally made a policy for.

BUSN435 #GreenPledge #GabrielZamudio

Labour ditches £28bn green investment pledge
GabrielZamudio·bbc.com·
Labour ditches £28bn green investment pledge
Could AI be the next HR? - Marketplace
Could AI be the next HR? - Marketplace

Contributed by: Gabriel Zamudio Title: Could AI be the next HR? It takes about the potential of how HR jobs could be taken over by AI and how people fear this possibility occurring they are concerned for the jobs and how impactful the AI would be.

BUSN435 #Business #AI #GabrielZamudio

GabrielZamudio·marketplace.org·
Could AI be the next HR? - Marketplace
Secret Details in Menendez Court Filings Are Made Public
Secret Details in Menendez Court Filings Are Made Public

Contributed by: Samantha Herrera-Sosa

Attorneys representing New Jersey Democrat Senator Robert Menendez have argued that the prosecution constructed "a narrative based on speculation, cherry-picking and innuendo" to accuse the senator and his spouse, Nadine Menendez, of accepting bribes in exchange for votes.

samanthaherrera4321·nytimes.com·
Secret Details in Menendez Court Filings Are Made Public