Professor Elam

Tuesday Sept 1 2020

Zooom revenue jumped 355% to $663.5 M beating estimaes of $5400M.

  Articles from the WSJ

Companies cut back on MBA Job offers. This is in line with articles detailing schools cutting back MBA programs.

Take away for students, My contention that certificate exams now displace graduate degrees.

JC Penny  not long for this world, talks break down, who wants to assume $5 B in debt for a brick and mortar retailer?

Bill McGurn likens Biden to Huber Humphrey in  1968. Humphrey was running as a former vice President. He too was unable to accomodate the party's left wing. Nixon won on a law and order platform. Trump goes to Kenosha today.

Argentina goes bust again.  buyers of heir three year old 100 year b ond will get half what is due them.

India's GDP shrinks 23.9% in one quarter due to virus.

First commercial flight from Israel to UAE completes.

MCD dispute with former CEO Easterbrook eheats up, Easterbrook attempts to dismis MCD lawsuit against him.

lAmerican, Delta drop change fees.   The airline battle will likely be a lasts man standing affair.