Monday, December 15, 2014

Quiz: 2013 business news

Do you follow business news? Take this quiz:

1. In May 2013, shareholders at what Los Angeles company ousted chairman and former Chief Executive Ray Irani?
A.         Ingram Micro
B.         Walt Disney
C.         Occidental Petroleum
D.         DirecTV

2. A dispute over fees between Time Warner Cable and what TV network resulted in 32-day blackout of some stations in August and September?
A.         NBC
B.         ABC
C.         CBS
D.         Fox

3. In response to odor complaints from nearby residents, a judge ordered the maker of the popular Sriracha hot sauce to partially shut down a plant in what city?
A.         El Monte
B.         Irwindale
C.         Azusa
D.         Rosemead
4. Which bank agreed in November to a $13-billion settlement with the government – the largest by any single American company in history – over selling shoddy mortgage investments?
A.         Bank of America
B.         JPMorgan Chase
C.         Citigroup
D.         Wells Fargo

5. What airlines merged in December after making concessions to end an antitrust lawsuit filed by the U.S. Department of Justice?
A.         FedEx and DHL
B.         Delta and JetBlue
C.         United and Southwest
D.         US Airways and American

Answers: 1. C; 2. C; 3. B; 4. B; 5. D

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