Tuesday, September 27, 2016

The Ford Fight

 Over the past years our auto industry has had it ups and downs in the market and work industry. In this past debate a big controversy has about about in regards to the Ford Motor Company. In one of Trumps arguments he made an attack on the company in Fords eyes. What the company is planning doing is taking small car production out of Michigan and building factories in Mexico by investing 1.6 billion in operations. Realistically Ford is able to produce cars in this location at a more efficient cost. As a result of that and foreign job generation, Trump was appalled. In the debate Trump went on to mention that he would put a higher tariff on imported cars in areas like this raising it to a steep 35%. However Ford goes on to mention that over the past five years the have invested as much as 12 billion dollars into the plants within the United States. Not only that but they have given as many as 28,000 jobs to people seeking good work. They argue that its only small compared to things that happen. Yet it goes on to mention that the cars that would now be made in Mexico already contain less than 50% of U.S. materials.

Wednesday, September 21, 2016

Will Apple Take a Turn?


Some of the new upgrades of the Apple IPhone would include a newer camera upgrade, new head phone upgrades, and extra battery and storage space. In regards to the camera, it is said to be a dual camera which can process 100 billion task in 25 milliseconds. Apple has been known though to have higher quality cameras than other providers so this was just another expected feature of the IPhone. The big topic of discussion will be the new headphone system apple is trying to incorporate into the wireless world. All of Apples new phones will come with a wireless headphones and or the headphone adapter due to lack of a headphone jack already built in. This could potentially cause many people from upgrading because of risk. Risk of losing wireless headphones, risk of having to replace a misplaced adapter, and maybe just the fact that they may already have a really nice pair of wired headphones. All of these factors can be very costly and I see this as a dangerous move on apples part. The biggest turn on of the new product may just be the extra battery life along with storage. Apple over the past years have struggled with battery life and reliability. The advancement of these two factors alone could make it an easier choosing between apple and the other advanced products out as well. However it still comes with a negative side too. Only time will tell how successful this product will be compared to others in the past and present. 

Thursday, September 15, 2016

A Slam to Samsung

Upon the release of the Samsung Galaxy Note 7, a recall has been issued to over 2.5 million phones world wide due to defective batteries. In regards to phone batteries igniting when plugged into charge, the Samsung company had to figure out how to get such a used daily tool out of the hands of the people. To start things off, Samsung was supposed to contact the U.S. Consumer Product Safety Commission with 24 hours of being aware of the defect. However Samsung failed to do so. This then led to a late release of information from the CPSC to the US people. People were asked to give the phones up but so many people use them for daily work that it was just too impractical. Samsung is now working with carriers to distribute replacement phones along with producing a software to help stimulate the phone batteries while charging. The major concern of the matter though from an economic standpoint is how will this effect the company's overall wellness? With big competitors having new advances like apple too, this could possibly be the start of a financial downfall.

Saturday, September 10, 2016

Down with the Dow

As summer has gone on the Dow market has remained mostly neutral. However, this Friday it has plummeted a big 400 points. This marks one of the biggest drops of the summer. Many people would view this as a big scare but professionals say that investors shouldn't have much to worry about. The majority of the stocks that fell were ones such as the value of gold, oil merchandisers, and U.S. bonds. Although, when looking at the major companies around the United States, none of them reported any major loses on yearly operations. This is good for investors who have put money into big name companies around the nation. With blue chip stocks booming this summer, our economy sits above China's, Japan's, and Europe's. Now is not the time to doubt the market and pull money, but only a good time to invest because businesses have been sitting well.