Category: Uncategorized
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Last Weeks’ Business, Today (10/3/22)
Netflix Near the end of 2021, Netflix entered the mobile gaming space and has since purchased three gaming studios. Recently, Netflix announced plans to open an internal game studio in Finland. More than 30 unique games are on the app store and google play, available for Netflix subscribers. The games will have no ads and…
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Last Weeks’ Business, Today (9/19/22)
Porsche On Sunday, Volkswagen, the automotive brand that owns Porsche, among other luxury car brands, unveiled plans for a Porsche IPO. The stock is expected to begin trading on September 29th using the German Frankfurt Stock Exchange. The stock sale will raise nearly $9B in cash. Volkswagen plans to offer 114M shares at a value…
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Last Weeks’ Business, Today (8/29/22)
Comcast Comcast agreed to sell its ownership stake in NBC Sports Washington. Washington Monumental Sports & Entertainment has held a 33% stake since 2016 and will become the sole owner. NBC Sports Washington has exclusive local rights to Washington NHL & NBA games. NBC Sports Washington has aired the Washington Wizards and Washington Capitals games…
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Last Weeks’ Business, Today (8/22/22)
GM General Motors’ board of directors authorized a 9 cents per share dividend. The company hasn’t given shareholders a dividend since April 2020. Back then, the dividend was 38 cents per share. In 2020 the quarterly dividend was cut to preserve funds during the pandemic. While the dividend is significantly lower than before, it signals…
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Last Weeks’ Business, Today (8/15/22)
USPS On August 10th, the USPS filed a notice for a temporary price hike for this year’s holiday season. The price increase would go into effect on October 2nd and remain in place until January 22nd, 2023. The price increase would depend on the package’s weight and the delivery distance. The added costs are said…
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Jacob’s Notes 001 Outliers: The Story of Success By: Malcolm Gladwell In the book, the author questions why some individuals succeed and live impactful lives while others never reach their full potential. He will challenge the popular view of a self-made man along the way. In my review, I will touch briefly on 3 of…
Jacob Strusa 