Article Title:
Date:
Market Structure discussed:
2-3 Sentence Synopsis of article:
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Monday, February 20, 2017
Worldwide News
Go to Welker's Wikinomics Economics Universe feed by following this link. Browse through the multitude of articles until you find one dealing with market structures (monopolies, oligopolies, monopolistic competition, perfect competition). Go to the article read it, and fill out the following: Source:
Article Title:
Date:
Market Structure discussed:
2-3 Sentence Synopsis of article:
You may not copy anyone else's article, so get this one done early.
Article Title:
Date:
Market Structure discussed:
2-3 Sentence Synopsis of article:
You may not copy anyone else's article, so get this one done early.
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ReplyDeleteSource: TIME.com Top Business Stories
ReplyDeleteArticle Title: Delta Air Lines Is Bringing Free Meals Back to Coach
Date: Feb 16, 2017
Market structure discussed: Perfect competition since Delta Air Lines is not the only airline. There are numerous competitors of it.
Synopsis of Article: Delta Airlines would offer complimentary meals to some of its long domestic flights. This decision was made based on a pilot test constructed in December of last year which resulted that customers enjoy free food. According to Delta, it is the only U.S Airlines to serve free food.
Link:http://time.com/money/4673705/delta-free-meals-coach-routes/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+time%2Fbusiness+%28TIME%3A+Top+Business+Stories%29&utm_content=Netvibes
Jason Bailey, Period 6
ReplyDeleteSource: New York Times https://www.nytimes.com/2017/02/19/business/dealbook/kraft-heinz-unilever-merger.html?partner=rss&emc=rss&_r=0
Article Title: Kraft Heinz Withdraws $143 Billion Offer to Merge With Unilever
Date: 19 February 2017
Market Structure(s) discussed: mainly monopolistic competition because each food company produces similar but differentiated food products.
Synopsis of Article: Kraft Heinz decided to stop pursuing its $143 billion bid to take over Unilever less than forty-eight hours after making the bid. The announcement ended what could've been the biggest instance of consolidation in the good industry. Kraft Heinz had hoped to convince Unilever of the bid in private, but it did not work. Shares of both companies surged last Friday, but they fell after the bid fell through.
Joshua Long, Period 6
ReplyDeleteSource: New York Times https://www.nytimes.com/2017/02/20/technology/snap-ipo-los-angeles-real-estate.html?ref=business&_r=0
Title: With Snap’s I.P.O., Los Angeles Prepares to Embrace New Tech Millionaires
Date: Feb.20.2017
Market Structure discussed: Oligopoly is discussed because there are other social medias that dominate the market as well as Snapchat.
Synopsis of Article: The public I.P.O of Snap will cause many potential inventors to move into Los Angeles, as happened to Silicon Valley in 2004 when Google came. The wave of future millionaires causes nostalgic feelings and hope for the future, as this area is only known for the numerous amounts of Hollywood celebrities.
Athul Johnson, Period 6
ReplyDeleteSource: NPR
http://www.npr.org/sections/alltechconsidered/2017/02/19/516094134/facebook-wants-great-power-but-what-about-responsibility?utm_medium=RSS&utm_campaign=economy
Title: Facebook Wants Great Power, But What About Responsibility?
Date: Feb.19.2017
Market Structure discussed: Monopoly is discussed in this article because Facebook wants to dominate social media.
Synopsis of Article: Mark Zuckerberg is trying to bring the world together through Facebook. He wrote an essay talking about freedom, peace, etc. trying to get people to be unified. He calls it as being a global citizen. Critics say that he is doing it for popularity and for the expansion of the company. If he does follow through with his statements, Facebook will grow even more and might become a monopoly.
Period 6
ReplyDeleteSource: Sci/Tech Google News
https://www.inverse.com/article/28209-tesla-model-3-officially-on-track-production-july-shareholder-letter
Title: The Tesla Model 3 is "On Track' to Start Production in July
Date: Feb.22.2017
Market Structure Discussed: Tesla is part of a very minute oligopoly.
There have been a decent amount of attempts at the completely electric car. The Fisker Karma, the G-Wiz, Nissan Leaf, Chevrolet Volt, and the rather new, Tesla Motorcars. This company has surpassed the sales of the electric car companies that preceded it. Everyone seems to love the luxury electric car in all aspects, ranging from technology to the immense torque. Now that the "cheap man's" Tesla can finally be produced, this company will be the most dominant in its class.
Period 2
ReplyDeleteSource:
CNN News Money
Article Title:
One thing Paul Ryan's health care plan has in common with Obamacare
Date: 2/22/17
Market Structure discussed:
Monopolistic competition
2-3 Sentence Synopsis of article:
Paul Ryan and Obama both utilize refundable tax credits so people can afford health care. Ryan believes his tax credits would be an incentive for people to have coverage. People think insurers are profiting off of Obamacare subsidies.
2nd period
ReplyDeleteSource: Time
Article Title: AT&T Has Joined the Unlimited Data Race
Date: 02/17/2017
Market Structure discussed: monopolistic competition
2-3 Sentence Synopsis of article:
AT&T’s new unlimited phone plan is officially available to all customers. AT&T is the last of the “big four” to offer an updated unlimited plan following a series of announcements from rival companies over the past week.
6th Period
ReplyDeleteSource: Time.com Top Business Stories
Article: T-Mobile Just Responded to Verizon's Unlimited Data Plan With Upgrades of Its Own
Date: 2/13/17
Market Structure Discussed: Monopoly
2-3 Sentence Synopsis of Article: T-Mobile added an upgrade to its unlimited one plan which will include HD video and 10GB of high-speed hotspot data for WI-FI tethering. Existing customers can activate the upgrade without any additional charges.
2nd Period:
ReplyDeleteSource: New York Times
Article Title:Inside the Minds of the Ultrawealthy
Date:2/19/17
Market Structure Discussed: Monopoly
Synopsis: Billionaires who are swimming in cash can basically get away with anything they want. The rules almost don't even apply to them, because their status allows them to challenge boundaries and even commit crime. The market courts them for money, so they play along with many of their decisions. Moguls like these include Martha Stewart and Jordan Belfort.
Period 2
ReplyDeleteSource: CBC
Article Title:Inflation rate jumps to 2.1% on higher gasoline and shelter costs
Date:02/24/2017
Market structure discussed:perfect competition
Synopsis:This article is a perfect competition because the business that produce the gas for Canada is so large that much of what happens in a perfect competition happens in Canada. Being that the business is too large that when the prices increase it is beyond the control of the individual buyers and sellers. This is the highest gas increase for Canada in the past five years and the article thinks that it will effect the cost of other living commendations along with it.
Carina Hung, 6th Period
ReplyDeleteSource: Yahoo News
Article Title: AT&T announces unlimited data plan for all customers
Date: February 16, 2017
Market Structure discussed: oligopolies
2-3 Sentence Synopsis of article: AT&T's unlimited data plan will return February 17th. Verizon, Sprint, and T-Mobile had announced their unlimited data plans earlier in the week. Because the other three major American carriers offered unlimited data, AT&T joined in on it too. There is a high barrier to entry; the companies are similar and competitive.
Period: 6
ReplyDeleteSource: Time
http://time.com/4636261/google-self-driving-car-patent-2017/
Article Title: Google's new idea reveals how it might compete with Uber
Date: 01/17/2017
Market Structure: oligopolies
Synopsis: Google has been working on self driving cars that can store map information and find customers more easily. When a user requests a ride, it suggests safe pick up locations that avoids construction zones and trafffic. This service can affect rival companies like Uber and Lyft because it is a much faster and safer way for people to get from one place to the other.
May Liew
ReplyDeletePeriod 2
http://www.economist.com/news/business-and-finance/21714979-bat-already-owns-42-reynolds-now-it-buying-rest?fsrc=rss%7Cbus
Article Title: A merger is the latest sign of Big Tobacco’s resilience
Date: 01/21/17
Market Structure: Oligopolies of the tobacco industry
Synopsis: Despite decline in smoking rates, big tobacco companies are still gaining more profits because of higher costs of their products. Only a small number of big tobacco companies are able to succeed because smaller companies lack the ability to innovate as new and complex rules have been made last year. Large tobacco firms are the only ones that have access to resources to navigate these regulations.
Alexus Guevarra
ReplyDeletePeriod 2
Source: http://www.npr.org/2017/02/20/516292260/china-suspends-coal-imports-from-north-korea?utm_medium=RSS&utm_campaign=economy
Article Title: China Suspends Coal Imports From North Korea
Date: February 20, 20174:40 PM ET
Market Structure: Monopoly
Synopsis: Due to North Korea's nuclear and missile programs, China has stopped coal imports from the Country. Since this is where North Korea gets it foreign currency from they won't be able to make enough or tradable money for the next year until China is back on board. This shows a restricted producer consumer situation whereas due to high need of China's imports they will be "biting" for the next year.
Truth Thomas
ReplyDeletePeriod 4
Source: CNBC http://www.cnbc.com/2017/02/25/this-is-the-new-self-driving-company-taking-on-ubers-otto.html
Article Title: This is the new self-driving company taking on Uber’s Otto
Date: February 25, 2017
Market Structure: Monopolistic Competition
Synopsis: Embark, a self-driving trucking startup backed by Maven Ventures, was released on Friday, and it is competing with Uber's Otto. Embark's goal is increasing the productivity of each truck driver instead of eliminating them.
Bryan Pulliam
ReplyDeletePeriod 4
Source: Marketplace Weekend http://www.marketplace.org/shows/marketplace-weekend/02172017-welcome-carpet-capital-world?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MarketplaceMoneyPodcast+%28APM%3A+Marketplace+Money+Podcast%29&utm_content=Netvibes
Article Title: Welcome to the carpet capital of the world
Date: February 17, 2017
Market Structure: Monopoly
Synopsis: Dalton is often referred to as the "Carpet Capital of the World," home to 150+ carpet plants. The industry employs more than 30,000 people in the Whitfield County area. More than 90% of the functional carpet produced in the world today is made within a 65-mile (105 km) radius of the city.
Jane Hua
ReplyDeletePeriod 6
Source: NYTimes
https://www.nytimes.com/2017/02/16/business/dealbook/snap-aims-for-valuation-of-more-than-20-billion-in-offering.html?partner=rss&emc=rss
Article Title: Snap Aims for Valuation of More Than $20 Billion in I.P.O.
Date: Feb. 16, 2017
Market Structure Discussed: Oligopoly is discussed in this article because Snapchat stands in a market equally dominated by social media outlets like Twitter and Facebook.
Synopsis of the Article: Snapchat has easily become one of the largest and most promising technology companies of today. The company is predicted to hold one of the biggest initial public offerings in decades, valued as much as $22.2 billion in the sale. Only Twitter was valued at more than $12 billion in October 2013 and Facebook was valued at $86 billion at a similar stage only a year earlier.
Source: http://www.11alive.com/money/which-mall-stores-are-in-danger-of-closing/414536965
ReplyDeleteArticle Title: Which Mall Stores are in danger of closing?
Date: 2/24/17
Market Structure discussed: monopolistic competition
2-3 Sentence Synopsis of article:
The article explained the detrimental effect online shopping has had on department stores all over America. Stores like JC Penny’s and PacSun are closing stores nationwide because they are no longer making money. The convenience of online shopping has beat out the experience of in person shopping and therefore has caused the department store market to be beat out by the monopolistic competition of the internet.
Humdaan Balagamwala
ReplyDeletePeriod 6
Source: CNBC
http://www.cnbc.com/2017/02/26/samsung-launches-galaxy-book-tab-s3-with-keyboard-and-stylus.html
Article Title: Samsung takes a swipe at Apple iPads with a Windows tablet that comes with keyboard and stylus
Date: February 26, 2017
Market Structure Discussed: Oligopoly is discussed as Samsung and Apple mostly control the market, but Apple still holds a certain edge.
Synopsis of the Article: The demand for tablets has been decreasing in recent times, but demand for 2 in 1's continues to increase. Since Samsung is only second to Apple in tablet sales, they hope to steal some of the market by releasing a tablet with a keyboard and stylus, similar to Apple's iPad Pro.
Period 4
ReplyDeleteSource: New York Times https://www.nytimes.com/2017/02/25/business/media/tv-viewers-tracking-tools.html?partner=rss&emc=rss&_r=0
Article Title: For marketers, TV sets are an invaluable pair of eyes
Date: Feb. 25th 2017
Market Structure discussed: Monopolistic competition
Synopsis: The article describes a company called TVision. Its a company that attaches a camera like device onto the TV of consumers and pays them to monitor their eye movements and attention when watching commercials. theyre the first of their kind and they sell the data to companies
This comment has been removed by the author.
ReplyDeleteKody Ngo
ReplyDelete6th Period
Source: CNBC
http://www.cnbc.com/2017/02/26/nokia-6-launch-android-smartphones-challenge-apple-samsung-mwc.html
Date:February 26, 2017
Market Structure Discussed: Oligopolies is the market structure among the major phone company players in the smartphone industry are Apple, Samsung, Nokia, Blackberry, HTC, Sony, LG, and Motorola.
Synopsis: Nokia is aiming to challenge Huawei, Apple and Samsung in the premium end of the market and its device is priced significantly lower than competitors. Many Android smartphone makers are also trying to differentiate their devices with additional software in a bid to move away from reliance on just Google services.
Stanley Johnson
ReplyDelete6th Period
Source:http://www.cnbc.com/2017/02/26/huawei-p10-launch-mwc-smartphone-price-specs-challenge-to-samsung-apple.html
Title:Huawei launches phone for the Instagram generation as it continues challenge to Samsung, Apple
DAte: February 26, 2017
Market: Oligopolies
Synopsis: This article discusses how Huawei releases anew phone that targets the new generation with its instagram phone. Huawei aims to keep its competition with big companies that share large pieces in the phone market such as Apple and Samsung. Huawei releases it's new phone to keep its identity as large company in the phone market.
Source: Asia Sentinel
ReplyDeleteArticle Title: Infosys and Tata Damaged by Boardroom Squabbles
Date: Feb 25, 2017
Market Structure Discussed: Oligopoly, there are a small number of major car companies with great power over the market.
Synopsis: Tata, India's biggest car manufacturer, has had bad publicity as their new chairman has been criticized by the old one. Infosys has been criticized by their first CEO as well.
Hunter Bergfeld
ReplyDeletePeriod 2
Source: New York Times https://www.nytimes.com/2017/02/26/technology/netflix-streaming-expansion-mwc.html?partner=rss&emc=rss
Article Title: In Global Expansion, Netflix Makes Friends With Carriers
Date: February 27, 2017
Market Structure discussed: monopolistic competition
2-3 Sentence Synopsis of article: As Netflix is expanding internationally, it is making deals with carriers to get the streaming rights of different TV shows and movies in different countries. Despite being the largest streaming service, it is having trouble in several countries due to the competition.
Mervin Cherian
ReplyDeletePeriod: 6
Source: https://www.wsj.com/articles/apple-samsung-need-to-dazzle-in-a-slow-market-1487963872?mod=rss_markets_main
Article Title: Apple, Samsung Need to Dazzle in a Slow Market
Date: February 24, 2017
Market Structure: Perfect Competition because both Samsung and Apple produce the same products.
2-3 Sentence Synopsis: For the two largest players in the smartphone business, Apple and Samsung, the goal this year is to restore some luster to their brands. Both saw smartphone sales fall for the first time in 2016.
period - 6
ReplyDeletesource - https://d3jc3ahdjad7x7.cloudfront.net/enu5RnMONYbbj1fU6oWxs3NCaxqOAPQyXZzIvOKhQLuUM0gs.pdf
Article tittle - Last BlackBerry-designed phone with physical keyboard to hit stores in April
date - February 25, 2017
market structure -- Perfect Competition because its competing with other brands in the production of phones
2-3 Sentence Synopsis -- The new deal allows the company to design, manufacture and sell BlackBerry-branded smartphones that operate using the technology firm's security software. While the KEYone is the first phone to hit the market under this partnership, Cistulli indicated BlackBerry will no longer play a design role in any future products. The company has been struggling with profitability as Apple and others dominated the market, to focus on its growing security software operations.
Source: http://money.cnn.com/2016/10/23/media/att-time-warner-deal/index.html
ReplyDeleteTitle: AT&T, Time Warner deal faces tough regulatory fight
Date: October 23, 2016
OLIGOPOLY
Synopsis: At the Time of the presidential election, both Hillary and Trump decided that At&t teaming up with time warner would create an unstoppable oligopoly. Trump does not want these two companies controlling everything. Consumers were afraid of the team up because of the possibility of AT&T changing the content of time warner or bringing about additional charges for non exclusive channels.
Source: http://www.cnbc.com/2017/02/26/samsung-launches-galaxy-book-tab-s3-with-keyboard-and-stylus.html
ReplyDeleteArticle Title: Samsung takes a swipe at Apple iPads with a Windows tablet that comes with keyboard and stylus
Date: February 26, 2017
Market Structure Discussed: Monopolistic competition because their products competitive but not perfect substitutes.
Synopsis: Samsung's recently launched tablet that includes a keyboard, a stylus, and runs windows is set up to challenge apple's ipad. Samsung is hoping to tap into the so called two in one category of the tablet market with their new releases. Apples's ipad pro also supports a keyboard and stylus.
Taylor Mott
ReplyDeletePeriod 6
Source: http://www.zdnet.com/article/at-t-announces-unlimited-data-plan/
Article Title: AT&T announces unlimited data plan for all customers
Date: February 16, 2017
Market Structure discussed: Oligopoly
Synopsis: Recently, AT&T announced that it will be providing unlimited data plans again. This means that all four large cellular carriers will be providing unlimited data plans. Since there are so few providers of these types of data plans, the companies have a large say over the prices.
Kylee Brouwer 2nd period
ReplyDeleteArticle: Judge Blocks Aetna's $37 Billion Deal for Humana
Source:NY Times
Date: January 23, 2017
Market Structure Discussed: Monopoly
Synopsis: A federal judge ruled against the merger between Aetna and Humana on the grounds of antitrust. This merger, along with Cigna and Anthem's merger, would cause the number of the largest health insurance companies to drop from five to three. It was thought that this merger would not be in the best interest of the consumer as it would likely raise prices or reduce benefits and create a sense of a monopoly.
Sarah Rassam
ReplyDelete6th Period
Source: http://www.cbc.ca/news/canada/nova-scotia/delta-airlines-to-appeal-gabor-lukacs-1.3995705?cmp=rss
Article Title: Delta Airlines wins right to appeal ruling in complaint involving obese passengers
Date: February 23, 2017
Market Structure discussed: Oligopoly
2-3 Sentence Synopsis of article: A ruling was appealed by Delta Airlines from the Supreme Court of Canada about discriminating against obese passengers. A complaint was filed against a Delta representative who responded to an email sent by a passenger who needed more space on the plane. Since the man who filed this complaint is not obese, his complaint was not taken into consideration. Since Delta Airlines did not follow the Canadian Transportation Act, it was overruled by the Federal Court of Appeal.
Janelle Rodriguez
ReplyDelete2nd period
Source: Wall Street Journal
Article Title: Apple, Samsung Need to Dazzle in Slow Market
Date: February 24, 2017
Market Structure Discussed: Monopoly
Synopsis: In the smart phone industry there are many products out there. This article is stating that there is a slow decline in the market for smart phones, since there is such a wide selection to get smartphones. Big companies like Apple and Samsung need to come out with a big new smart phone that will change the game and hike up the demand for that particular smart phone.
Doris Chien
ReplyDeletePeriod 2
Source: New York Times
Article Title: Coal Industry Casts Itself as a Clean Energy Player
Date: 2/26/2017
Market Structure: Monopolistic competition
Synopsis: Seeking to shore up their struggling industry, the coal producers are voicing greater concern about greenhouse gas emissions. Their goal is to frame a new image for coal as a contributor, not an obstacle, to a clean-energy future.
Oluwamuyiwa Peters
ReplyDelete2nd
Source: Shanghai Daily
Article Title:Alibaba and Bailian tie up to develop new retail formats
Date:02/20/2017
Market Structure Discussed:Monopolistic Competition/Monopoly
Synopsis:Alibaba and Bailian form a strategic alliance.In this alliance they share resources,they do this “We hope Alibaba and our partners would continue to leverage the Internet, data and payment capability to create new value for consumers,” said Alibaba CEO Daniel Zhang.The two will create a new retail outlet and transform the way online and offline business is done.
Taylor Hunter
ReplyDeletePeriod 4
Source: Shanghai Daily
http://mobile.shanghaidaily.com/business/it/Nokia-sees-Japan-lead-demand-rally/shdaily.shtml
Article Title: Nokia sees Japan lead demand rally
February 27, 2017
Market Structure Discussed: Oligopoly
Synopsis: In the technology industry, specifically the cellular spectrum, the race to find faster 4G data is one which Nokia, Ericsson, Huawei have all struggled to achieve. This race is very important because with success of the mission will come an influx of business and new consumers(MONEY). The industry is not currently comtrolled by one company, instead it is dominated by the 3 named above. Nokia however has struck a new 3 year deal that will expand the scope of the company to London.
Zoe Leibowitz
ReplyDeletePeriod 2
Source: New York Times
Article: 'Get Out' Helps Redefine Horror Genre With Box-Office Success
Date: 02/26/2017
Market Structure: Perfect competition: 'Get Out' is just one of the many movies making money in the horror movie genre.
Synopsis: The new horror movie, 'Get Out,' sold more than $30 million in theaters this weekend, as Rotten Tomatoes gave it 100% positive reviews. It took 4.5 million to make, and ranked number 1 in movie sales this weekend, with 'The Lego Batman Movie' taking second.
Source: CBC
ReplyDeletehttp://www.cbc.ca/news/business/mcdonalds-breakfast-1.3991977?cmp=rss
Article Title: All-day breakfast starts at most McDonald's across Canada
Date: Feb 22, 2017
Market Structure discussed: Oligopoly
2-3 Sentence Synopsis of article: The article talks about how McDonald's has started all day breakfast in Canada. It also talks about how the breakfast industry in Canada is becoming very intense. Previously, Tim Hortons dominated the Canadian breakfast industry but with the advancements being made by Mcdonalds and other breakfast providers, it may be the end of the Tim Hortons reign
Drew Garza
ReplyDeletePeriod 2
Source: New York Times
Article: 'Facebook Wants Great Power, But What About Responsibility?'
Market Structure: Oligopoly-Facebook is one among a few other very popular social media sites
Synopsis: Facebook creator Mark Z. wants to make Facebook much more powerful. He plans on making Facebook the primary way people virtually connect to one another. However, critics point out how he fails to realize the responsibility of such a big task.
Asare Dua
ReplyDeletePeriod 4
Source: Reuters
Article:"Funds prepare $2 billion oil market play as supply tightens"
Date:2/26/27
Market structure: Its Monopolistic competition because investors must all compete in the oil market.
Synopsis: Passive investment funds are poised to shift an estimated $2 billion from far-term to near-term crude futures over the next week, anticipating an energy market rally as a historic OPEC output cut slashes supply. The market has become over supplied
Heather Bennett
ReplyDeletePeriod 6
Source: Reuters/Google News
Article: Nordstrom's quarterly sales rise 2.4%
Date: 2/26/2017
Market Structure: Perfect Competition. Nordstom is among many other clothing stores in the market
Synopsis: Nordstrom Inc reported a 2.4 percent rise in quarterly sales as the apparel retailer's off-price stores attracted more customers. Net sales increased to $4.24 billion from $4.14 billion.
Jacob Gassmann
ReplyDeletePeriod 2
Source: The Economist http://www.economist.com/news/business/21717424-they-have-become-pioneers-how-adapt-rapidly-ageing-society-toymakers-bounce-back?fsrc=rss%7Cbus
Article Title: State of play
Toymakers bounce back in the land of adult nappies
Date:2/23/17
Market Structure: oligopoly
Since the 1970s the proportion of under-15s in Japan has halved and as a result, playthings aimed at the over-20s make up 27% of Japan’s domestic toy sale. The stigma against adults having fun is wearing off and toy companies in Japan are making money by making toys that pander towards the older generation and remind them of when they were just kids.
international herald tribune
ReplyDeletecoal industry cast itself as a clean energy player
feb 26 2017
oligopoly
Companies are joining with environmental groups to lobby for expanded subsidies to encourage technologies to reduce carbon emissions from coal plants. this will encourage clean and coal energy to work together and runs the risk of forming an oligopoly.
Meyer Wilson
ReplyDeletePeriod 2
Source: https://www.nytimes.com/2017/02/26/technology/netflix-streaming-expansion-mwc.html?partner=rss&emc=rss
Article Title:In Global Expansion, Netflix Makes Friends With Carriers
Date:2/26/17
Market Structure discussed:Monopoly
Synopsis:Netflix is the biggest online streaming company with competition that barely compares. Netflix is trying to complement the french cell phone provider "Orange" by offering its services to their users. Netflix is expanding to other companies and plans to spread even father across the world.
Nathan Schaper
ReplyDelete2nd Period
Source: NY Times
Article: To Keep U.S. Jobs, Chip Makers Share a Factory and Pin Hopes on Trump
https://www.nytimes.com/2017/02/26/technology/im-flash-intel-micron-manufacturing-trump.html?partner=rss&emc=rss&_r=0
Date: February 26, 2017
Market Structure Discussed: Oligopolies
Synopsis: For Intel and Micron Technology, the two American companies that jointly own
and operate IM Flash, their creation of microchips have had a large footprint on technology in the US. However, while Intel and Micron Technology have taken over the US production, production in countries such as Ireland, Israel and China remain much cheaper, making it difficult to keep businesses choosing to place their manufacturing efforts in the US.
Raunak Jose
ReplyDeletePeriod: 6
Date of article: 02/13/17
Date of submission: 02/26/17
Source: TIME.com Top Business Stories
Article title: Disney Quietly Raises Theme Park Admission Prices Again
Market structure: Monopolistic Competition. This article refers to monopolistic competition because it has to do with Disney and the other theme parks. Each theme park offers their customers enjoyment in the forms of events and rides but each park offers a different theme which causes the other parks to not be substitutes of each other.
Summary: This article is about Disney raising their prices for their parks as the other theme parks also raise their prices. The day the prices went up, Disney also released a 'deal' that actually took more money from their consumers. Due to this increase in prices, the attendance at Disney went down 1% but many fans are happy about this increase in prices in that it causes a less of a crowd at the park.
Rushil Mistry
ReplyDeletePeriod: 6th
Source: https://www.wsj.com/articles/cheap-flights-to-europe-bad-for-airlines-fat-margins-1487948056?mod=rss_markets_main
Article Title: Cheap Flights to Europe: Bad for Airlines’ Fat Margins
Date: Feb 24, 2017
Market Structure discussed: Oligopolies
2-3 Sentence Synopsis of article: The article talks about how there have been more flights across the Atlantic at a lot cheaper prices. This decrease of prices will eventually cause other companies to do the same thing and therefore forming an oligopoly.
Chandler Jacobs
ReplyDeletePd 2
Source: NY Times
Article Title: Netflix makes friends with Carriers
Date: February 26, 2017
Monopoly
Netflix is the leader in online streaming of movies and television shows. While already ahead of competition, they seek to make the product second to none in their industry by expanding by partnering with carriers such as Orange in France.
Sarah Johnson
ReplyDelete2nd Period
Source: ZDNet Yahoo news and headlines
Title: Sprint's new unlimited plan adds HD streaming, four lines for $90
Market Structure: perfect competition
2-3 Sentence Synopsis: Sprints new plan is now available to all coustomers. This reveal was accompanied by other companies looking for more new coustomers. Sprint and other providers are looking for the most coustomers creating new deals and offers to grab their attention with the same product.
Source: Money
ReplyDeleteArticle Title: Little Tikes Is Recalling Half a Million Swings After 2 Toddlers Broke Their Arms
Date: 24 February 2017
Market Structure discussed: Monopoly
2-3 Sentence Synopsis of article: Little Tikes has recalled plastic swings and is facing a degradation of name due to lawsuits on the company. This will hurt the market for Little Tikes because it is a dominating industry on kids toys. However, this will allow other companies to over shine these products and gain an advantage in the market now.
Joshua Biju
ReplyDeletePeriod: 6
Source: Time
http://time.com/money/4673306/uber-no-tipping-drivers-lyft-rideshare-tips/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+time%2Fbusiness+%28TIME%3A+Top+Business+Stories%29&utm_content=Netvibes
Article Title: Uber Faces Mounting Pressure to Include Tipping Feature
Date: 02/16/2017
Market Structure: Monopolies
Synopsis: This article is about how the monopoly uber has in the numeber one national method for people to commute plans to improve their service. They are already beating out competitors like Lyft who use the same service and have a monopoly in this service. This article shows how the company plans to improve their tipping feature where customers who are not carrying cash, can tip through their app by using their credit card.
Prasun Dhawan | Period 2
ReplyDeleteSource: The Wall street Journal
Article Title: The World’s Most Radical Experiment in Monetary Policy Isn’t Working
Date: 26/Feb/2017
Market Structure discussed: Perfect Competition
Synopsis: Unlike the flourishing Japanese economy in the 1980's, the Japanese economy is experiencing deflation at a staggering rate. This deflation, among many things, has created an interesting phycological shift in the Japanese youth. Because the price of goods is spiraling down and luxury brands are losing value, the youth place more value on life experience than materialistic things. Thus, the inferior goods are now the new normal, creating Perfect Competition among businesses that have perfect substitutes and nearly no control on price.
Tolu Ojo
ReplyDeletePeriod 6
Source: Reuters
Title: U.S. blockchain, securitization industry groups join forces
Date:February 26, 2016
Market Structure Discussed: Monopolistic Competition
Synopsis: A new partnering between the Chamber of Digital Commerce and the Structured Finance Industry Group for blockchain technology will be announced on Monday. This partnering will include a study of how ledger technology can be used to secularize the market. More investments have been made in blockchains recently in hopes of cheaper and more efficient processing.
Robey Lukose
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Source: BBC
Title: Innovation, Ikea Style
Market Structure: perfect competition
Synopsis: Ikea's invention of the bookcase is simple however, it was very capturing and took over the market. It also talks much about how Ikea cut down on costs and increased profits by turning furniture into pieces to be assembled at home and also allowing more furniture to be shipped (forcing costs to decrease a lot). The Bang Mug was also a hit for Ikea. By renovating the mug to look better and be more profitable, they cut down costs and increased the number of mugs that could be made and shipped.
Amanda Nieto
ReplyDeletePeriod 4
Source: http://www.bbc.com/news/business-38747485
Title: Ikea Bookcase took over the world
Date:Feb.26.2017
Market Structure: Monopoly Competition
Synopsis: Now there are 60-odd million in the world, nearly one for every 100 people - not bad for a humble bookcase.
In fact, so ubiquitous are they, Bloomberg uses them to compare purchasing power across the world.
According to the Bloomberg Billy Bookcase Index, they cost most in Egypt, just over $100 (£79), whereas in Slovenia you can get them for less than $40 (£31).
Michael Rosario
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Sourtce: Zdnet
Title: Google Home taps Googles Express delivery network for home shopping
Structure: Monopolistic competition:
Google has developed a product to rival the amazon echo and alexa products. The google Home product is able to function the exact same way that amazon's own products do however, it will be using exclusively google partnered retailers in an attempt to steal the market from amazon
2nd
ReplyDeleteSource: http://www.netvibes.com/welkerswikinomics#Economics_News_Feeds
Title: Not so espresso
Date: 3/6/2016
Market structure: monopoly
This article discussed how Howard Schultz was inspired to develop Starbuck's into what it is today. When he visited Milan, he saw that coffee was very important to Italian cultured, and that he needed to bring that into America and globally. Starbucks will be opening their first store in Milan March of next year. It also discussed the development of the first expresso machine, and Italy's attempts to create a sense of their own global industries.