The Curious Cultural Rise Of The Town That Gave Us Walmart
In 2011, Bentonville unveiled the Crystal Bridges Museum of American Art. It was the biggest art museum opening in America in almost 40 years, and it launched Bentonville — a rural community known only for Walmart — into the cultural spotlight overnight.
Sweden’s Cashless Society Dream Isn’t All It’s Cracked Up To Be
Just one per cent of Sweden’s GDP circulates as cash. As debates over the need for cash rage along lines of age, wealth and location, the country is looking to create a digital currency.
Living In Switzerland Ruined Me For America And Its Lousy Work Culture
Long commute, full-time, no benefits. No way, I thought. Who would want to do that? And then it hit me: Either I had become a completely privileged jerk or my own country was not as amazing as I had once thought it to be. This wasn’t an unusually bad offer: It was just American Reality.
Big Tech Takes Aim At The Low-Profit Retail-Banking Industry
After years of timidity Big Tech, with its billions of users and gigantic war chest, at last appears serious about crashing the fintech party. Amazon and Apple introduced a credit card. Facebook announced a new payments system and Google said it would start offering current (checking) accounts in America.
Is This A Chinese City In Malaysia?
Forest City is being built in the Malaysian state of Johor in the southern part of the country. Here, the Johore Strait acts as a natural border between Malaysia and the independent city-state Singapore. It is one of the most ambitious urban development projects currently underway. An entire new city built from scratch.
Scraping By In The Gig Economy As A Guy Without A Bank Account
In 2017, the Federal Deposit Insurance Corporation (FDIC) found that 8.4 million households in the U.S. were without bank accounts. Nearly 53 percent of these households listed “not having enough money” to put into an account as the reason why, while another 30 percent cited not trusting banks.
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.
The Dark Side Of Electronic Waste Recycling
Electronics can be hazardous when disposed of improperly, and the Basel Action Network, or BAN, investigates the underground world of the e-waste trade. The nonprofit group secretly embeds trackers in discarded devices, then hands them to recyclers to see where they end up, exposing bad practices in the process.
The Highly Unusual Company Behind Sriracha, The World’s Coolest Hot Sauce
David Tran, CEO of Huy Fong Foods, shuns publicity, professes not to care about profits, hardly knows where his sauces are sold, and probably leaves millions of dollars on the table every year.
The Economics Of Airline Class
The story of the development of airline classes really isn’t the story of how airlines developed more and more luxurious seats, it’s how they cut costs to allow more and more people to fly. It’s also a fascinating demonstration of economics.
When Artists, Engineers, And Pepsico Collaborated, Then Clashed At The 1970 World’s Fair
A year and a half in the making, the Pepsi Pavilion drew eager crowds and elicited effusive reviews. Just a month after the opening, the partnership with Experiments in Art and Technology—E.A.T.—collapsed amidst a flurry of recriminating letters and legal threats.
The Decoy Effect: How You Are Influenced To Choose Without Really Knowing It
The decoy effect is defined as the phenomenon whereby consumers change their preference between two options when presented with a third option – the “decoy” – that is “asymmetrically dominated”. It is also referred to as the “attraction effect” or “asymmetric dominance effect”.
The Lie That Helped Build Nintendo
In 1981, a young Swede called Owe Bergsten strolled through Singapore to pass the time before his flight home. Passing a camera shop, he spotted a two-button LCD game called ‘Fire RC-04’ in the window. The story of a man, a lie, a video game handheld, and a business empire.
Africa’s Richest Man Makes A $17 Billion Bid For Immortality
Aliko Dangote’s plan to reduce Nigeria’s dependency on fuel imports will carve out an even bigger slice of the nation’s $376 billion economy for his empire. Dangote’s future—and, as he likes to say, that of the entire continent’s economy—lies to the south on the Nigerian coast: the construction of a vast oil refinery.
Why Do Countries Build New Capital Cities?
It doesn’t seem obvious why a government will want to move its capital from a major city to a place where almost nobody lives but a couple of dozen countries have done it since 1950. In every case, the government of these countries gave a certain rationale for their decision.
The Day The Pirates Came
For Sudeep Choudhury, work on merchant ships promised adventure and a better life. But a voyage on an oil tanker in West Africa, in dangerous seas far from home, would turn the young graduate’s life upside down. His fate would come to depend on a band of drug-fuelled jungle pirates – and the whims of a mysterious figure called The King.
How A Single Mom Created A Plastic Food-Storage Empire
The story of Tupperware is a story of innovation and reinvention: how a new kind of plastic, made from industrial waste material, ended up a symbol of female empowerment. The product ushered women into the workforce, encouraging them to make their own money, better their families, and win accolades and prizes.
The Growing Death And Injury Toll From Takata Airbags
Twenty-four people have died and hundreds have been seriously injured from exploding Takata airbags. In 2000, Takata knew about the problem with their ammonium nitrate inflators, they knew they were exploding in their own labs, and they covered up the problem.
How The Mast Brothers Fooled The World Into Paying $10 A Bar For Crappy Hipster Chocolate
While customers can’t get enough of the company’s bearded, Brooklyn hipster founders, and their brilliantly marketed, $10 “bean to bar” chocolates, a term reserved for chocolate that has been produced entirely under the maker’s control, from the cocoa bean to the wrapped bar, chocolate experts have shunned them.
World’s First 360-Degree Infinity Pool Proposed For London Skyline
Compass Pools has unveiled a concept for a four-sided infinity pool atop a London skyscraper, accessed via a submarine-style door. Called Infinity London, the project is described by the swimming pool manufacturer as “only building in the world to incorporate a 360-degree infinity pool”.
Smart Frames For Growing Plants In The City
French company, Urban Canopee, has developed lightweight, adaptable and flexible frames, which serve as support for climbing plants — both in isolation or in groups — and to create a verdant canopy. The company hopes the easy-to-use frames will be used to grow plants on the roofs of buildings and other public spaces.