3/16/19 Article Summary 2

“Boeing Chief Dennis Muilenburg Takes Low Profile After Crash” By: Te-Ping Chen

A week after the Boeing planes crash, the only thing that the CEO has said was that he is sympathizing with victims. Other than that, the CEO has been pretty quiet which could be a good or bad thing. All of the statements after his tweet mentioned before was taken as unauthentic or inhumane. A lot of people think that Mr.Muilenburg should be speaking out and personally, I do too. I think that transparency is key to a company’s success. The customer always comes first and with this tragedy, they should be transparent as possible as to what they are doing moving forward.

3/16 Article Summary 1

“Amazon Tests Pop-Up Feature Touting Its Lower-Price Products” By: Jay Green

Amazon started a new tactic by testing a pop up feature on pages on items that are similar to the rivals items. The pop-ups show lower priced products. This new tactic was tested on Amazon’s app. This testing period shows how much power Amazon has over the other brand’s product on their site. They want to offer the same products for a lower price so that they get the sale. The pop-ups would occasionally be goods that are made by Amazon. Amazon did not tell other companies about this test as shown when Nested Naturals Inc. found out about the test through social media. Amazon private label goods have also been getting a lot of heat when Elizabeth Warren, a presidential candidate, propsed to ban large companies from participating in the platforms they created.

3/14 Article Summary 2

“JPMorgan Trading Desk Lends Ukraine $350 Million” By:Matt Wirz

On Tuesday 3/12, JPMorgan lent 350 million dollars to the Ukrainian government before their presidential election. JPMorgan lent the money by buying bonds directly from Ukraine. JPMorgan bought the bonds at a discount and could potentially make millions of dollars. They have already begun selling them to bond funds at the full market price. If JPMorgan would sell all of the bonds, they would make around 5.7 million dollars.

Vocabulary:

Bond: A bond is a debt security which is similar to an IOU. Borrowers issue bonds to raise money from investors willing to lend them money for a certain amount of time. At the end of the period, the value of the bond is repaid.

3/14 News Article Summary 1

“Investors Embrace Riskier Sectors as Stocks Extend Rebound” By: Amrith Ramkumar

Stocks that are labeled as “risky” have been seeing better growth performance than other stocks that are labeled as “safe”. Technology stocks and industrial and energy stocks are among those “risky” stocks to have seen a very good performance helping the S&P 500 reach a 4 month high on Wednesday. As the first quarter comes to the end for 2019, analyst are keeping track of sector performance because outflows from major indexes is shaky around key technical levels. The article also mentioned that when the stock market fell last week, even the “safe” stocks fell as well pointing out that more investors are on the “riskier” stocks currently. One factor that stocks have been able to keep doing so well currently is that the Federal Reserve paused raising their interest rate. I remember back in late 2018, the market took a big hit when the Federal Reserve announced it would be raising their interest rate.

Vocabulary

economic cycles: natural fluctuation between periods of expansion and contraction

price/earnings ratios: current market price of a company share divided by the earnings per share of a company