BQ Practice Qs - 3 Flashcards
Merck & Co. is most known for introducing what?
The Measels Vaccine
Why is the new strategy of Merck risky?
Because some of the disease areas Merck will focus on have been resistant to big clinical advances
Which pharmaceutical company is known for creating the first measles vaccine?
Merck
Merk & Co. plan do let go over 80,000 employees over the next two year due to research and development dead ends. What types of diseases / health conditions did Merck target that ended up back firing and was considered a failed strategy?
Major conditions (Cancer)
In July how many barrels of oil, natural gas and related fuels did the US produce a day (the equivalent)?
22 million barrels
What did Lioyd Blankfein said after meeting with president?
” There’s precedent for a government shutdown. There’s no presedent for default .”
Who is the head of the OPEC?
Abdallah Salem alBadri
Which country is the US overtaking as the largest producer of oil and natural gas?
Russia
Which investor is reportedly seeking to oust the current CEO of Sotheby’s?
Dan Loeb
U.S. recently over took Russia as the world’s largest produced of oil and natural gas. This comeback was largely fueled by what?
Shale-rock formations of oil and natural gases.
The U.S. recently took over the energy industry passing Russia as the largest producer of oil and natural gas. What has led to Russia being de-throwned as the worlds largest energy producer?
The U.S. ascendance of its energy output has risen in past years due to Russia struggling to maintain its energy output and its failure to embrace technologies such as hydraulic fracturing that have boosted U.S. reserves.
In the first 6 months of this year, Twitter more than dobled revenues, conversly what else happened on the income statement?
Net loss grew by 40%
Which company is planning on raising up to $1 Billion in a public offering?
Citigroup is being fined $30 million after an analyst leaked negative information about which company?
Apple
One of Warren Buffett’s favorite investing maxims is:
“Be fearful when others are greedy, and be greedy when others are fearful”
Whose help to blue-chip companies during the financial crisis is now paying off in the form of $10 Billion?
Warren Buffett
What are some bankers warning the government not to do, saying it would have severs risks to the economy?
Paying off the interest on US debt before other financial obligations
Syria was asked to dispose of any chemical weapons following the chemical-weapons attack in a Demascus suburb killing hundreds of people. Who destroyed these weapons, and how?
International weapons inspectors from The Hague-based Organization supervised Syrian personnel as they used cutting torches and angle grinders to destroy or disable any weapon of chemical warfare.
At least one more meeting is set for Japan regarding 12 nations in Pacific Rim. What are these 12 nations meeting for since these negotions first stemmed in 2003?
Japan plans on meeting again at least one more time with 12-nation’s in the Pacific Rim. They plan to discuss negotiations to liberalize trade in the Asian-Pacific region. This would give the U.S. free-trade agreements with several TPP nations, including Japan.
The Vatican Bank, located in a medevil tower inside the Vatican City walls, reported its financial accounts for the first time in its 126-year long history. What events led to this and what does Pope Francis hope to establish by doing this?
The collapse of its main shareholder, Banco Ambrosiano, sparked the start of scandals in 1982 up until most recently in June where Italian police detained a Vatican accountant for smuggling cash, from which have been events that have had an impact on the presentation of this financial accounts. Pope Francis said by presenting these, he hopes to strengthen its transparency.
After two weeks of protests, which thousands first took to the streets last month in Sudan after the governement cut fuel subsidies, Sudan’s President has come up with a resolution to fix this problem and to stop protests. What plan Did President Omar al-Bashir propose?
President Bashir has not been able to maintain too many problems in the 24 years he’s been the head of this nation, but as of lately he has managed to stop such protests briefly. He did this with a mix of deadly force, along with cash handouts to nealy half a million families. He also lifted minimum wage levels and began to subsidize cooking gas.
The state of Florida is suing its north-east neighbor, Georgia, for its’ alleged excessive consumption of water in Apalachicola Bay which is located in both states. What was the reason behind Florida suing its’ neighbor state?
The lawsuit was formed due to a sudden decline in the oyster industry for Apalachicola Bay. The oysters are deprived of freshwater flows from the bay needed to maintain ecological balance. Florida argues that Atlanta, and certain parts of Southern Gerogia where farming is a big industry are using up the majority of freshwater instilled in this bay.
A federal court indicted 13 members of Anonymous for conspiring to overload the websites of Congress, credit-card companies, and association representing the film and recording industries. What is Anonymous’s alleged reason for attacking the credit card companies websites?
For refusing to process payments to WikiLeaks.
The federal grand jury indicted 13 people who are suspected of conspiring to overload websites of Congress, credit-card companies, and associations representing the fil and recording industries. Why did these hackers attack credit-card companies?
The attackers allegedly attacked credit-card companies because they were not processing payments for WikiLeaks, the website which has published thousands of leaked government documents.
DNA research has grown as of lately with researchers investing more money to find cures for certain diseases. 23andMe, whose main business is DNA collecting, recently received a patent for what?
23andMe was awarded a U.S. patent for a technique that could be used in a fertility clinic to create babies with selected traits, such as hair color, eye color, or any attribute a parent desires. Although no plans of this have sparked yet, 23andMe plans on using this patent to better understand genetic profiling.
The Transportation Security Administration was called to talk about tightening laws on who can board an airplane, and the process it takes to get through a terminal. What event sparked the TSA to address this situation?
The Transportation Security Administration discussed an issue about a 9-year old boy from Minneapolis-St. Paul, who boarded a plane to Las Vegas. The catch was this boy boarded the plane without a ticket allowing him access to fly without proper requirements. The TSA said they plan on tightening laws about people under the age of 18 using airplanes as a means for transportation.
What is the majority’s opinion in a poll released Tuesday towards Congress’s funding for the law?
Most of people don’t think congress should cut off funding for the law
Despite the government shutdown, which groups seem to be carrying on as normal?
U.S. businesses and Investors
Of the 14 states run health care exchanges, six states issued information on the number of completed individual applications on the new federal website of the new health care act. Which state reported the most completed online applications of 6,909
Kentucky
Arizona law-enforcement officials have been in the news lately for acting in un-just ways while on the job. What did a federal judge order on behalf on the Arizona sheriff’s office?
A federal judge in Arizona ordered that an Arizona sheriff’s office to immediately take steps to stop racial profiling during law-enforcement stops and ordered a court-appointed monitor to oversee its progress. This racial profiling spurred from prolonged trafiic stops against Latino people of that community.
What event occurred that is likely to fuel discussion on illegal migration in the EU?
Vessel headed to Italy carrying about 500 people, capsizes, killing at least 114
During the government shutdown, many economists will be watching confidence gauges very closely, because they donメt have access to what?
most official economic data
During the government shutdown a gormet shop int the Capitol Hill neighborhood in DC stated that all federal workers will receive 10% off for shopping there while members of congress will be charged 10% more. What is the name of this shop?
Sapore oils and vinegars
After a failed effort to topple the government, which country is facing more challenges with its very weak economy?
Italy
Next year the sales tax in Japan will be raised to what?
8%
President Thein Sein of Myanmar visited the state of Rakhine for what purpose?
To help curb Sectarian Violence
Israeli Prime Minister Benjamin Netanyahu addressed the United Nations stating the Israel would take unilateral military action against Israel if the international community did not make an effort to stop what?
Tehran from acquiring nuclear weapons
According to Eike Batista what are the outlines for the restructuring of OGX’s debt?
A debt for equity swap; creditors will most likely take control of the company
Who are the four candidates contesting for the position of GM’s CEO Dan Akerson?
Steve Girsky, Dan Ammann, Mary Barra, and Mark Reuss
What did the most senior executive in the passage do in GM at first?
Mary Barra was vice president of human resources until 2011
Which iconic fashion designer may not be getting a renewed contract from Louis Vuitton?
Marc Jacobs
Which German gas and engineering firm is planning on spending $200 million in a new facility in Texas?
Linde
There will be soon be a new CEO at General Motors. The current CEO is not happy with the pace and effort to stream line. General Motors fortunes depend largely on sales of what type of automobile in which country?
Trucks in the United States
What is the name that Facebook has given the company town they are building for their employees?
Anton Menlo
Which company makes Black Hawk helicopters for the Defense Department?
United Technologies Corp.
What perk is Facebook adding for its employees?
A housing community that is within walking distance of its offices
Small business such as EnDepth Solutions LLC are greatly suffering from the government shutdown because the all of their customers are ____
Federal Agencies
Employees working for Facebook may never have to go home for work as the company plans on building what?
$120 million, 394 housing community within walking distances of Facebook offices for employees
Facebook Inc. has plans on expanding this social networking giant into new industries to help generate new customers, and to generate more profit. Which industry has this tech giant reached out to now?
Facebook Inc. plans on entering the real estate industry where real estate prices are sky-rocketing in areas surronding Bay Area, which this real estate will be located. Facebook is working with a local dealer to build a multi-million dollar, 394-unit housing communty, housing Facebook employees, non-emplyees, and even low income residents.