Friday, March 08, 2019

Movie Night at Vaughn College Library

Greetings,
We're having our first ever movie night at Vaughn College Library!  On Thursday, March 14 at 7 p.m., we will be showing "A Quiet Place".  Snacks and light refreshments will be provided.  So get ready for a scary movie and a lot of fun.


Thursday, February 21, 2019

Transportation

Getting access to the Wall Street Journal is definitely one of the perks our databases offer at Vaughn College.  Did I mention that I'm the new Director of Library Services at Vaughn College?  It's a really exciting place.  We're right next to LaGuardia Airport.  You can see airplanes taking off from campus.  Without doubt, it's unlike any other library I've ever worked.  Of course, it doesn't hurt that I have a fantastic staff, beautiful library space...  Okay, enough gushing about the place!  

Anyhow, I wanted to share an article on Amtrak from the Wall Street Journal:

You might ask: What does Amtrak have to do with the airline industry?  Good question.  Well, Amtrak's Chief Executive is Richard Anderson.  In previous work, Mr. Anderson was the CEO of Delta Airlines and he's got some big ideas for Amtrak.  As the article notes, Anderson is looking at rail service between sizable cities that aren't too far away.  Could this impact the airline industry?  I'd imagine it's something the airlines will keep their eye on.  Of course, there are a number of differences.  Will Amtrak's long-haul rail service between Chicago and the West Coast go away?  It'll be interesting to see what the future holds.

Monday, January 07, 2019

Rewards Credit Cards

Greetings,
It was only a matter of time.  Consumers figured out the rules surrounding credit cards and rewards to maximize their benefit.  As the Wall Street Journal reports, banks have been cutting back on points and reward card benefits:
http://predator.oldwestbury.edu:2048/login?url=https://search.proquest.com/docview/2162395970?accountid=29096

To be fair, this has been going on for a while.  A number of airlines have changed their redemption rules.  Sometimes you get more travel with your points.  Oftentimes, you can also encounter more fees, increased point requirements, and difficulty locating points to redeem.  That's one reason cash back cards are becoming popular.  It's going to be interesting to see how this all plays out in the future.

Thursday, December 06, 2018

That Connect Flight in Vancouver...

The stock market is down today and someone missed their connect flight in Vancouver.  Specifically, Huawei's CFO Meng Wanzhou.  You can read more about this in the New York Times:
https://www.nytimes.com/2018/12/06/technology/huawei-arrest-meng-wanzhou.html

That's quite an article in the NY Times.  Most people wouldn't think twice about making a connect flight.  True, you can miss a flight due to weather delays or mechanical issues.  But getting arrested between two flights in Canada?  Evidently, it can happen.  What's even more fascinating is that you wouldn't expect an arrest in an airport to rattle the stock market.  Apparently, that's exactly what happened.  Anyhow, it's quite a story and it's having a global impact.  It will be interesting to see what happens with the stock market in the upcoming days.

Monday, November 12, 2018

American Express Enters China

I came across this article on American Express and their entry into the Chinese market:

This should be a big move for American Express until you look at how consumers pay for goods and services in China.  For the Chinese, using a smartphone is a popular way to pay.  Yes, in China smartphones double as credit cards.  While this hasn't taken off in North America where credit cards are still popular, I see an opportunity for American Express.  All they'd have to do is launch a mobile/smartphone pay app in China.  Considering that American Express has a number of other strengths such as excellent customer service, maybe a few changes to their current offerings could bring them more success in the Chinese market? 

Monday, October 15, 2018

Sears, Iconic Retailer Files for Bankruptcy


This is actually kind of a big deal:
https://www.nytimes.com/2018/10/14/business/sears-bankruptcy-filing-chapter-11.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business&region=rank&module=package&version=highlights&contentPlacement=2&pgtype=sectionfront

In its day, Sears was the Amazon of retail.  Actually, there's been quite a list of retail bankruptcies this year:
https://www.businessinsider.com/retail-bankruptcies-list-this-year-2018-4

Want to delve further into the impact of such bankruptcies?  The Wall Street Journal is an excellent resource.  There's an article in today's Journal which discusses the impact a Sears bankruptcy will have on rents at shopping malls:
http://predator.oldwestbury.edu:2048/login?url=https://search.proquest.com/docview/2119809159?accountid=29096

Hint: Sears has a lot of stores that take up a lot of space.  There could be opportunities for new space with tenants who are willing to higher rents.  On the other hand, it is a lot of space to fill.  Sometimes one business can have a ripple effect on other businesses and industries.  In this case, Amazon's had quite an impact on traditional retailers.  In addition, there's a ton of articles in the Wall Street Journal about retail shopping space and the future of shopping malls.  Until next time, catch me in the library.