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Week in Review

Week in Review, hosted by Dr. David Mielke, covers the previous and coming week’s business stories and stock market news while discussing how these events will impact the business world – encouraging you to form opinions on this week’s topics.

12:00 PM every Monday
Replay: 6:00 PM, 12:00 PM, 6:00 AM


Recent Posts

Here Come The Drones!

Week in Review
June 24, 2016 12:11 PM

There are often issues that we can consider as controversial or debatable. Each week Dr. David Mielke presents one of these issues to give you Something to Think About. The topic for today is "Here Come the Drones." Noting that their use across the US is soaring as companies explore a number of commercial uses and individuals are able to purchase inexpensive versions that include cameras. David also points out along with rapid growth we have thorny legal questions about where and when they should be allowed to fly and who gets to decide. Should individual property owners be able to decide whether or not they can fly over their property or should decisions about where and when drones can fly be made collectively through regulations? Do they threaten security and privacy? Will the innovation of this new component of our delivery system be stifled if individuals can opt in or out of their airspace? David looks at some issues:

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The Week In Review 6/13/16

Week in Review
June 17, 2016 1:04 PM

The Week in Review for June 13th 2016, a look at business news you may have missed. 

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Something To Think About With David Mielke

Week in Review
June 17, 2016 11:59 AM

Something to Think About

"What do you believe?" Hear David Mielke review the recent talk delivered by President Obama in Indiana lauding the strength of the economy and trying to rebut what he called "myths" spread about slow growth and mediocre incomes. Soon-after, the Labor Department reported that the economy created only 38,000 new jobs in May, the worst monthly performance since 2010.  Who do you believe about the strength of the economy, the President or the Bureau of Labor Statistics?  Is it time, or time long ago, for the President to work with Congress to work on legislation to spur the economy and to stop the flow of regulations from all branches of the administration that is stifling the economy?  During this segment he looks at the related issues:

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A Look Ahead June 6, 2016

Week in Review
June 11, 2016 10:00 AM

Soon, when restaurant-goers hear “May I take your order?” those words may be coming from a robot.  Some restaurants have started experimenting with human-like robots instead of human cashiers, allowing consumers to pay for their meals without interacting with another person. Although many restaurants have allowed digital ordering, either online, by kiosk or on tablets at the table, the practice of using humanoid, or human-like robots, is still in its earliest stages, and it’s primarily happening in Asia so far. Experts say the robots could benefit restaurants and lead to wider adoption — if diners aren’t too freaked out by them.  

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Subsidizing Mr. Peanut

Week in Review
June 10, 2016 4:00 PM

You may remember advertisements for Mr. Peanut and the offer to mail in for a Mr. Peanut cup.  What you may not be aware of is the subsidy program that has been operating since the 30s to support peanut growers.  An issue has come up about this program as the Obama administration plans to dump a million pounds of surplus peanuts on Haiti for no cost.  Sounds like a good thing to do, right?  What can be wrong about distributing one ounce bags of peanuts at schools?  But is the real culprit in this story a federal peanut program that has lasted over 80 years?  Should the US provide peanuts to Haiti?  Should the US continue to subsidize peanut growers?

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Michigan News for the Week of June 6, 2016

Week in Review
June 10, 2016 3:00 PM

The U.S. auto industry’s home state of Michigan is preparing for the advent of self-driving cars by pushing legislation to allow for public sales and operation—a significant expansion beyond an existing state law that sanctions such vehicles for testing only.  While widespread use of driverless cars may be years away, lawmakers and transportation leaders say the technology is progressing so rapidly that Michigan must stay ahead of the curve or risk losing automotive research and development to other states.  

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A Look Around The Nation and World June 6, 2016

Week in Review
June 10, 2016 3:00 PM

Trash power grew in 2015, with Florida continuing its reign as the state with the most electricity coming from garbage, according to the federal government. The Sunshine State generates about one-fifth of the U.S. electricity powered by items many people would consider trash, according to an Energy Information Administration report. The country has 71 waste-to-energy plants in 20 states. Waste-to-energy plants take combustible materials such as paper, cardboard, food waste, grass clippings, leaves, wood, leather products as well as plastic, metals and petroleum-based synthetic materials and convert them into energy, according to the Energy Information Administration, the Energy Department's independent analysis arm.

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Reports and Announcements for the Week of June 6, 2016

Week in Review
June 10, 2016 2:00 PM

The U.S. created just 38,000 new jobs in May and nearly half a million people dropped out of the labor force, raising doubts about the strength of the economy and possibly forcing the Federal Reserve to scuttle plans to raise interest rates this summer.  The increase in hiring was the smallest since the fall of 2010.  More than half of the nation’s major industries eliminated jobs last month, the first time that’s happened in several years. In another bad sign, temp employment fell by 21,000 and it’s down 64,000 so far this year, the Labor Department said.  In a surprising twist, the unemployment rate fell to 4.7% from 5% to mark the lowest level since the month before the Great Recession began in December 2007

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Wall Street Wrap - Investors turned cautious on the last trading day of the month

Week in Review
June 10, 2016 12:00 PM

U.S. stocks ended mostly lower on Tuesday, as investors turned cautious on the last trading day of the month and ahead of key economic data releases this week. The main indexes ended the month with small to modest gains.

Electric-vehicle makers are swallowing up lithium, a lightweight material that some call “white petroleum” for its use in lithium-ion batteries that power electric cars.  Lithium carbonate prices rose 47% in the first quarter compared with the average price in 2015, according to the most recent available data from data provider Benchmark Mineral Intelligence.

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Wall Street Wrap Up May 30, 2016

Week in Review
June 2, 2016 7:00 PM

Prices for liquefied natural gas have sunk to a 7 year low in Asia as demand has failed to keep up with rising supply from countries such as the US and Australia. The average spot price in Asia for LNG for delivery in May dropped 42.5% year over year to $4.24 per million British thermal units, the lowest monthly average since July 2009, according to Platts.  In the US, benchmark natural gas has been trading about $2.06 per million BTUs, down 17.2% from a year ago.  LNG is natural gas that is cooled to a liquid form so it can be transported by ship.  Prices have recently come under intense pressure in Asia, which makes up 70% of global demand, thanks to a gusher of new supply.  In February, Cheniere Energy dispatched a shipment of LNG to India, making it the first batch of US shale gas to be delivered in Asia.  Analysts have said they expect the US to become a major exporter of gas into global markets in the next few years. 

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