How The 0.001% Invest
Global finance is being transformed as billionaires get richer and cut out the middlemen by creating their own “family offices”, personal investment firms that roam global markets looking for opportunities.
The 8-Hour Workday Is A Counterproductive Lie
The eight-hour workday started its life as a socialist dream. “Eight hours labor, eight hours recreation, and eight hours rest”. There’s just one problem: It’s all but impossible to actually work for eight hours a day in the jobs so many of us now have.
Credit Card Companies Are Tracking Shoppers Like Never Before
Transactions have given rise to a complex data-selling ecosystem. At the heart of it are credit card processing networks, including Visa, American Express, and Mastercard, the latter of which took in $4.1 billion in 2019 for services that include marketing analytics as well as fraud detection.
Tapping Into The Power Of Humble Narcissism
The two qualities sound like opposites, but they can go hand in hand. Narcissists believe they’re special and superior; humble leaders know they’re fallible and flawed. Humble narcissists bring the best of both worlds: they have bold visions, but they’re also willing to acknowledge their weaknesses and learn from their mistakes.
Rubber Tires — A Dirty Business
The booming global tire market is worth billions – but this comes at a high price, both to humans and the environment. Over 50 million car tires are sold each year in Germany alone. But where does the natural rubber for them come from?
Why China And The U.S. Are Vying For Dominance In Pakistan
In Pakistan, China and the U.S. are clashing over China’s One Belt, One Road initiative. To understand what’s at stake, it helps to take a look at why China is in Pakistan in the first place.
How Philadelphia Became The One And Only Cream Cheese
There is only one cream cheese, and that is the brick-shaped silver package with the bright blue lettering: Philadelphia. Philadelphia cream cheese’s dominance isn’t a happy accident. Its cult popularity is likely the result of equal parts clever marketing and good timing.
Why A Struggling Rust Belt City Pinned Its Revival On A Self-chilling Beverage Can
Welcome to Youngstown, Ohio, home of Chill-Can, the self-chilling beverage container you’ve probably never heard of. Officials have gambled millions of dollars and demolished a neighborhood for the product. Not one job has been created yet.
Inside The Dark, Lucrative World Of Debt Collection
A dizzying array of variables affects a portfolio of debt’s true potential — the age of the debt, how many agencies have tried to collect on it, the size of the balances, the type of credit card, where the debtors live and the current economic climate.
Why Green Energy Finally Makes Economic Sense
Renewable energy is now comparable with the cost of building new coal and nuclear capacity. Existing, older power plants already have the capital investment sunk, so they are cheaper — but, in the case of South Africa at least, many of these plants are reaching retirement ages.
How Slack Ruined Work
Slack is a particularly “scary offender” in stopping people getting their work done because it encourages them to be constantly distracted. It’s scary because messenger-based systems directly tap into how humans seek to reward themselves, and the long term result is unhealthy.
Can A Corporation “Own” A Color?
A handful of companies like Coca-Cola, 3M and Cadbury, have pushed the boundaries of intellectual property law by laying claim to individual colors. But is it really possible to “own” a color?
Extreme Loneliness Or The Perfect Balance? How To Work From Home And Stay Healthy
More and more people are working where they live and living where they work, attracted by the promise of greater flexibility. Beyond the lack of interaction with colleagues – there are no ideas by osmosis, no overhearing others talking – there is also the lack of interaction with the wider world.
How Our Definition Of Middle Class Has–And Hasn’t–Changed In 100 Years
Some of the cultural markers associated with the middle class–like education–have shifted. But its aspirations? Not so much.
The Real Problem With The Cruise Industry
What the novel coronavirus has revealed about the cruise industry is a “hidden in plain sight” problem — an international maritime regulatory structure that obfuscates and often ignores legal and social responsibility, accountability and culpability.
Lifetime Free 1st Class Air Travel Pass: A Disaster
In 1982, American Airlines had an idea to offer a lifetime free first-class air travel pass to its wealthiest customers. The person holding this pass could fly on American Airlines at any time it wanted, to any destination it wanted, for as many times it wanted, for the rest of its life after paying a one-time fixed membership fee.
What Google Learned From Its Quest To Build The Perfect Team
Our data-saturated age enables us to examine our work habits and office quirks with a scrutiny that our cubicle-bound forebears could only dream of. New research reveals surprising truths about why some work groups thrive and others falter.
How The Environmental Lawyer Who Won A Massive Judgment Against Chevron Lost Everything
Few news outlets covered the detention of Steven Donziger, who won a multibillion-dollar judgment in Ecuador against Chevron over the massive contamination in the Lago Agrio region and has been fighting on behalf of Indigenous people and farmers there for more than 25 years.
The Controversy Behind Nike’s Vaporfly Running Shoe, Explained
Nike’s Vaporfly shoes have become a popular choice for both elite and amateur runners. But the shoes may soon be banned in professional competitions if World Athletics, the world governing body of track and field, decides they offer an unfair advantage.
Why Planet Hollywood Went Bankrupt
In the mid 1990’s, two entertainment moguls along with plenty of huge celebrities like Bruce Willis and Arnold Schwarzenegger came together to create a restaurant business unlike any other. But as quick as this idea grew, the sooner everything came crashing down. This is the story of Planet Hollywood.
The Inevitable Decade Of Marvel
On July 21, 2019, ‘Avengers: Endgame’ became the highest-grossing film ever, on its way to adding nearly $2.8 billion to the Marvel Cinematic Universe’s $22.5 billion global box office total. The 2010s were defined by this superhero takeover—though the plans for it were laid even before the decade began.