Wall Street - McGraw-Hill Introduction to Business

[VIDEO] Apple vs. Banks: The Digital-Wallet War

April 13, 2023

Since launching its digital payment system in 2014, Apple has steadily increased its market share in a space traditionally dominated by big banks. This video looks at how Apple Pay has frightened Wall Street stalwarts like JPMorgan Chase and caused financial institutions to expand their own digital payment efforts in order to compete.

Questions:

What advantages and disadvantages does Apple Pay have compared to traditional financial firms?
Do you prefer to pay with cards or digital platforms like Apple Pay?

Debit cards, Currency, Finance, Credit Cards, Wall Street, Apple, Silicon Valley, Digital payments, Apple Pay

Chapter 1: Taking Risks and Making Profits, Chapter 18: Financial Management, Chapter 19: Securities Markets, Chapter 20: Money and Financial Institutions, Videos

Beyond Meat’s Successful IPO Causes Competitors to Take Notice

May 16, 2019

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Although share prices of Uber have not dropped significantly since its terrible first two days, the ride-hailing company is still a long way off of its initial $120 billion valuation. Its competitor Lyft has had a similarly unimpressive IPO, disappointing many investors who hoped both companies would debut strongly on the market. But while these firms are performing well below Wall Street’s expectations, one new tech stock is dazzling shareholders and making competitors pay attention.

Since hitting the market Continue reading →

Product Development, Innovation, Sustainability, Entrepreneurship, Wall Street, Synthetic Meat, IPO, Beyond Meat, Stock Market

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 6: Entrepreneurship, Chapter 13: Marketing, Chapter 15: Distribution, Chapter 19: Securities Markets, Bonus Chapter B: Technology and New Media

Uber IPO Flops in First Days

May 14, 2019

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On Friday we looked at how Uber drivers around the world went on strike in the lead up to the company’s highly anticipated initial public offering (IPO). In the years before it debuted on the New York Stock Exchange, Uber was once valued at more than $120 billion by private investors. But just a few days into its IPO, however, the company is now worth about half that amount. On its first day of trading, Uber shares opened at $3 Continue reading →

Wall Street, IPO, Stock, Entrepreneurship, Product Development, Investing

Chapter 1: Taking Risks and Making Profits, Chapter 6: Entrepreneurship, Chapter 14: Product and Price, Chapter 19: Securities Markets

How Private Funding Fuels Modern Corporations

April 17, 2018

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Earlier this month, the music streaming service Spotify went public on the New York Stock Exchange with a valuation worth approximately $30 billion. And while that is certainly an enormous amount of money, it pales in comparison to the $93 billion that the Japanese telecom giant Softbank privately raised last year to create a technology investment fund. In the past, major IPOs such as Spotify’s tended to be the most dependable way for up-and-coming companies to receive a major infusion Continue reading →

Wall Street, Spotify, Capital, IPO, Finance, Regulation, Investing

Chapter 1: Taking Risks and Making Profits, Chapter 5: Forms of Business Ownership, Chapter 6: Entrepreneurship, Chapter 18: Financial Management, Chapter 19: Securities Markets, Chapter 20: Money and Financial Institutions, Bonus Chapter A: Business Law, Bonus Chapter B: Technology and New Media

The Tricky Relationship Between Bankers and Regulators

April 27, 2017

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The 2010 Dodd-Frank financial reform act stands as one of the most complicated pieces of legislation ever devised. The law includes more than 22,000 pages of rules, which is equivalent to about 15 copies of Tolstoy’s epic novel War and Peace. These guidelines tell banks how much money they must set aside, how they can advertise, what sort of investments they can make, and many other stipulations and requirements.

As you can imagine, keeping track of all those regulations Continue reading →

Ethics, Banking, Human Resources, Regulation, Dodd-Frank, Wall Street, Wells Fargo, Compliance

Chapter 1: Taking Risks and Making Profits, Chapter 4: Ethics and Social Responsibility, Chapter 7: Management & Leadership, Chapter 9: Production and Operations Management, Chapter 11: Human Resource Management, Chapter 18: Financial Management, Chapter 20: Money and Financial Institutions, Bonus Chapter A: Business Law, Bonus Chapter C: Managing Risk

The Consumer Financial Protection Bureau’s Collection of Complaints

February 23, 2017

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Formed in 2011 with the passage of the Dodd-Frank financial reform act, the Consumer Financial Protection Bureau aims to keep citizens safe from unfair or deceptive practices by businesses. One of the ways the government organization accomplishes this task is by maintaining a database of complaints made by consumers against companies. And people have certainly taken advantage of this service since its creation two years ago. In that time, the CFPB has received more than 700,000 complaints aimed primarily at Continue reading →

Dodd-Frank, Wall Street, CFPB, Consumer Protection, Finance, Regulation, Security

Chapter 4: Ethics and Social Responsibility, Chapter 7: Management & Leadership, Chapter 18: Financial Management, Chapter 20: Money and Financial Institutions, Bonus Chapter A: Business Law

[VIDEO] The Volcker Rule Explained

September 14, 2016

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The Dodd-Frank Wall Street Reform and Consumer Protection Act ranks among the most important laws passed in recent history. It’s also extremely complicated, amounting to some 14,000 pages of various regulations and restrictions. The video below takes a look at one of the key provisions of this landmark bill: The Volcker Rule, or the stipulation that banks cannot act like hedge funds and gamble with their own cash reserves. Although reviled by many on Wall Street, supporters say the rule Continue reading →

Dodd-Frank, Wall Street, Volcker Rule, Finance, Regulation, Ethics

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 3: Globalization, Chapter 4: Ethics and Social Responsibility, Chapter 19: Securities Markets, Chapter 20: Money and Financial Institutions, Bonus Chapter A: Business Law, Videos

Trading Pits Become a Thing of the Past

July 30, 2015

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Trading commodities is a complicated business. Employees in the industry not only have to possess financial intelligence, they also must be able to seemingly predict the future based solely on projections and estimates. For years traders like these thrived in the “pits” of Chicago and New York’s stock exchanges, shouting about everything from livestock to produce as they searched for deals. These financial foot soldiers eventually became pop culture icons, with frantically yelling floor traders appearing in everything from serious Continue reading →

Human Resources, Innovation, Finance, Product Distribution, Wall Street

Chapter 2: Economics, Chapter 10: Motivation, Chapter 17: Accounting, Chapter 19: Securities Markets