The Wall Street Journal recently published an article about the Clearwire Corporation as they are contemplating skipping a very large debt payment that is due Dec. 1st. You can view the article HERE. The business is not yet profitable and is consuming large amounts of cash. The debt payment of $237 million would dramatically reduce the amount of  cash that [...]

This ad is viewed very positively with comments such as: “You just have to love this new ad Infiniti, where an Infiniti owner takes offense by his BMW owning neighbor throwing snowballs at him. He plots his revenge by taking out his car with a giant snowball.” “I LOVE this commercial. LOL.” “Haha probably the first and funniest Infiniti commercial [...]

Phil Clements, Managing Director for the Center for Christian Business Ethics Today, LLC. is delivering a lecture series to the community of Grace Bible Chapel in Chester, NJ. The Series is entitled: “In God’s World, Business Done Right is a Blessing.” Please view the link below to see the lecture notes to Part 2, “What is Business.” LISTEN to the [...]

Phil Clements, Managing Director of the Center for Christian Business Ethics Today, LLC., is delivering a lecture series to the community of Grace Bible Chapel in Chester, NJ. The Series is entitled: “In God’s World, Business Done Right is a Blessing.” This lecture is part 1 of 4. LISTEN to this Lecture Please view the link below to see the [...]

Phil Clements, Managing Director for the Center for Christian Business Ethics Today, LLC. is delivering a lecture series to the community of Grace Bible Chapel in Chester, NJ. The Series is entitled: “In God’s World, Business Done Right is a Blessing.” Please view the link below to see the lecture notes to Part 1, God’s World. Full Audio of this [...]

Gold has crossed the price of $1,200 an ounce.  Lots of people are talking $1,500, maybe even $2,000 an ounce.  The current run-up in gold is creating a bit of a stampede to buy the commodity.  Those who are passionate about investing in gold are often referred to as “gold-bugs.” By way of background for the reader, gold has been [...]

“When Airline Fares are Too Good to be True,” By Scott McCartney WSJ, paper edition, March 25, 2010, D1 This article presents several troubling sets of facts.  The problem centers on errors made in posting fares and these errors are sufficiently dramatic that a mistake is clear.  The example is an American Airline first-class ticket posted for $1,100, when it [...]

A Review of BusinessWeek, March 22&29, 2010 Issue. Do We Need Business Ethics Today? While many answer this question with a hearty, “ YES,” this week’s BusinessWeek, March 22&29, 2010, has a series of articles that confirm the need for business ethics today.  The following is a list of the articles you may find of interest: 1. “A Fund for [...]

“Economists Warn of Moral Hazard” WSJ, paper edition, A14 February 11, 2010 This article puts before us the broader question of what is the basis for moral hazard.  The setting of the article is the potential bailout of Greece’s government issued debt by the European Union (EU).  A bailout without proper punitive measures raises the potential that other countries may [...]

“Invasion of the Body Scanner,” Bloomberg BusinessWeek, January 18, 2010, describes the new security scanners that are being put in place after the failed Christmas 2009 terrorist attempt on a Delta Airlines flight.  The body scanners produce fairly detailed images of the individual’s physical body, while also showing weapons and explosives.  The governments of various countries are requiring use of [...]

Fact: ABC Company and a Supplier enter into an agreement for the Supplier to provide services to the ABC Company.  The services will be provided over several months, a somewhat indefinite term. The agreement provides for an up-front retainer, monthly billing, and that the invoices will be due immediately.  The retainer and the first two months are paid on time, [...]

Reference article:  RBS, Royal Bank of Scotland, said on December 16, 2009, it had begun an investigation into irregularities in its China unit.  The irregularities suggest the potential of a fraud. Potential client losses could amount to as much as $3million (RBN20m). The China Regulatory Commission said they were investigating, but that it is a very small matter and the [...]

The theme of the world as God’s creation means that commerce is practiced in God’s world.  Even as God designed His world with scientific components such as gravity and time, commerce has principles such as revenue less expenses equals profits.  For the physical scientist, gravity is studied as a given; so, for the commercial enterprise business principles are a given.  [...]