The Lawyer Whose Clients Didn’t Exist
A well-known attorney helped land a $2 billion settlement for Gulf Coast seafood-industry workers after a BP oil rig 40 miles off the coast of Louisiana, had exploded. But who was he really representing?
IKEA Let Customers Pay With Their Time Instead Of Currency
For the opening of the Swedish retailer’s new outpost in Jebel Ali, a large commercial port located on the harbor of Dubai, the brand wanted to encourage shoppers to journey to the new store by allowing them to use the time it took for them to get there as currency.
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?
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.
Sitzfleisch: The German Concept To Get More Work Done
To have sitzfleisch means the ability to sit still for the long periods of time required to be truly productive; it means the stamina to work through a difficult situation and see a project through to the end. Angela Merkel has it in abundance – how do you cultivate this crucial skill?
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.
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 Madness Of Airline Élite Status
When you fly a lot for work, as I do, you check your frequent-flier mile balance often, to provide data for competitive commiseration. Frequent fliers sometimes go to great lengths to keep their airline élite status, and those efforts are often completely out of proportion to the perks.
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.
The Heart Of Today’s Billion-Dollar Sneaker-Collecting Boom Is 35 Years Old
Nowadays, sneakers aren’t just for wearing. They’re an asset class, on display at museums, and fueling an increasingly profitable resale market. Much of that traces back to Nike putting a superstar rookie’s name on a new pair of kicks in 1985.
How The Government Came To Decide The Color Of Your Food
Tomatoes are red, margarine is yellow, and oranges, are, well, orange. We expect certain foods to be in certain colors. What we don’t realize is that these colors are not necessarily a product of nature but rather of historical controversies and deliberate decisions by various actors—including the government.
‘The Countryside Is Where The Radical Changes Are’: Rem Koolhaas Goes Rural
“There has been no architecture of a similar vigour in the last 100 years. It is based strictly on codes, algorithms, technologies, engineering and performance, not intention. Its boredom is hypnotic, its banality breathtaking.” For Koolhaas, the Tahoe Reno Industrial Center embodies a new kind of sublime.
The 10/10/10 Rule For Tough Decisions
It’s good to sleep on it when there are tough choices to make, but you also need a strategy once you wake up–which is why you should employ the 10/10/10 rule. How will we feel about it 10 minutes from now? How about 10 months from now? How about 10 years from now?
The War On Coffee
Epicurean coffeehouses in the United States numbered in the hundreds in 1989, and in the tens of thousands by 2013. A lot of that is Starbucks, but not all. Roasters in Italy went from exporting twelve million kilograms of espresso in 1988 to more than a hundred and seventy million in 2015.
What It Really Costs To Own Or Charter A Private Jet
One of the ultimate symbols of luxury and affluence is private jet travel. An experienced bizjet pilot breaks down the industry, the costs, who can really justify such an expensive luxury, and why.
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.
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.
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.
What Really Happens When You Donate Your Clothes—And Why It’s Bad
Contrary to popular (naive) belief, less than 20 percent of clothing donations sent to charities are actually resold at those charities. The other 80 percent is sent to textile recyclers who then determine the next cycle of the garment’s life.
The Forgotten History Of How Automakers Invented The Crime Of “Jaywalking”
If there’s traffic in the area and you want to follow the law, you need to find a crosswalk. And if there’s a traffic light, you need to wait for it to change to green. Fail to do so, and you’re committing a crime: jaywalking. It’s the result of an aggressive, forgotten 1920s campaign led by auto groups and manufacturers.