Printing’s Not Dead: The $35 Billion Fight Over Ink Cartridges
HP’s printer supplies business garnered $12.9 billion in sales last year, and the printer division overall represented 63% of the company’s profits. Here in the year 2020, proprietary ink cartridges remain important enough to spark a fight worth at least $35 billion.
The Boss Who Put Everyone On 70k
In 2015, the boss of a card payments company in Seattle introduced a $70,000 minimum salary for all of his 120 staff – and personally took a pay cut of $1m. Five years later he’s still on the minimum salary, and says the gamble has paid off.
One Woman’s Instagram-Fueled Ascent To ‘Boss Lady Status’
For New Orleans entrepreneur Jesseca Dupart, social media isn’t just a tool for building her business—it’s a platform for inspiring other black women to do the same. She started as a simple hair salon in 2012, now her beauty products are available in stores in every state, as well as Canada, the Caribbean, and the UK.
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.
The Movement To Stop Dollar Stores From Suffocating Black Communities
Some Black residents and elected officials argue the stores stifle economic growth and job creation, and exacerbate food insecurity. The stores are also disproportionately in areas that are low-income, rural, and Black, which experts say is racist.
Secrets I Never Knew About Airports Until I Worked At LAX
When LAX offered me the opportunity to work with its TSA and U.S. Customs and Border Protection (CBP) teams, I couldn’t say no. From dead bodies in the security line to a cobra in a Pringles can, you wouldn’t believe the crazy things that happen at America’s busiest airport of origin.
The Future Of Work Looks Like Staying Out Of The Office
About 24 percent of US workers employed full-time did “some or all” of their work at home, according to the most recent federal data available. Dozens of studies find remote workers happy and productive. Why not let them be?
The Big China Short
Researchers had a hunch that Luckin Coffee, China’s fast-growing challenger to Starbucks and a company traded in the U.S. stock market, was falsifying financial statements to exaggerate its sales. A few months later, an anonymously written 89-page report landed on Wall Street and leveled one of China’s hottest startups.
‘Canada’s Warren Buffett’ Drives His Own Pickup Truck
Jim Pattison roars through rural Saskatchewan in his silver pickup truck, barreling down the prairie road that runs arrow-straight to the horizon. Tossed into the back seat is a sleeping bag and crimson pillow—the unlikely berth for Canada’s self-made billionaire when he can’t find a motel.
An Ode To Being Old
Success in business, even in the fast-paced start-up world, isn’t just about age-related smarts. Wisdom, a deeper kind of knowing that can only be gained through experience, matters too. And apparently, it matters quite a bit.
How Texas Instruments Monopolized Math Class
Some major textbooks feature illustrations of Texas Instruments–series calculators alongside the text, so students can use their Texas Instruments calculator with the lesson plan, emphasizing how deeply interwoven Texas Instruments remains with the educational hegemony.
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?
How New Balance Stumbled, Then Soared To The Top Of The Streetwear Game
With a separate license in Europe and a factory in Flimby, United Kingdom, New Balance has had the attention of sneakerheads abroad for more than a decade and a half. In the United States, however, where the brand was founded in 1906, it hasn’t enjoyed the same youthful appeal.
Inside Wisconsin’s Disastrous $4.5 Billion Deal With Foxconn
A huge tax break was supposed to create a manufacturing paradise, but interviews with 49 people familiar with the project depict a chaotic operation unlikely to ever employ 13,000 workers.
The Eternal Revenue Stream Of Led Zeppelin
In the rapid-fire age of digital everything, with young listeners eager for discovery, the ground has shifted beneath record companies’ feet and catalog departments are being called upon to be hubs of innovation and fresh creativity.
In The Race For Cheap Airfare, It’s You vs. The Machine
Travel providers now use artificial intelligence software to re-price their offerings, sometimes dozens of times a day, to maximize revenue. For business and leisure travelers, the result is a variation of the cat-and-mouse game, where travel companies are almost always the cat.
Why The Coming Foreclosure Crisis Will Look Nothing Like The Last One
A prominent housing analyst expects hundreds of thousands of defaults next year as mortgage forbearance periods end. At first glance, those projections look bad. On closer inspection, however, this round of foreclosures should be mild in comparison to the financial carnage of 2008 to 2010.
The Saga Of Punkin’ Donuts
The Dunkin’ Donuts that used to be at the northwest corner of Belmont and Clark earned its nickname in the 80s and 90s. How a doughnut-shop parking lot became a confluence of Chicago youth subcultures—and what killed it off.
The Rise Of Shopify, $68 Billion In Size. How Did It Get So Big?
Shopify is the leading E-commerce platform in the United States with 23% market share and has become the second-largest platform in terms of total merchandise volume, surpassing eBay in September 2019 and just behind Amazon. The company’s stock is up more than 20 times its IPO price.
How Offshore Oil Rigs Work
Offshore oil rigs are inherently a higher-cost, higher-risk method of oil extraction, but the oceans are, of course, home to a huge proportion of the world’s oil reserves so, if there are no more low-cost oilfields on land, that’s where the companies go.
Your Plastic Addiction Is Bankrolling Big Oil
As the world transitions slowly but surely away from fuel-guzzling cars, gas-powered buildings, and coal-fired power plants, fossil fuel company execs must count on growth that comes from somewhere else—and they see their savior as plastics.