The Great American Labor Paradox: Plentiful Jobs, Most Of Them Bad
The numbers tell one story. Unemployment in the US is the lowest it’s been in 50 years. More Americans have jobs than ever before. Wage growth keeps climbing. People tell a different story. Long job hunts. Trouble finding work with decent pay. A lack of predictable hours.
The Secret Behind Coca-Cola’s Marketing Strategy
Coca-Cola is the biggest non-technology company in the world. Originally only selling 7 servings a day, the company has grown slightly, at an estimated rate of more than 1.9 billion servings a day. What’s the secret behind their success?
Collision Course: Why Are Cars Killing More And More Pedestrians?
For drivers, roads are safer than ever – but for people on foot, they are getting deadlier. In 2018, 41% more US pedestrians were killed than in 2008. Car companies and Silicon Valley claim that they have the solution. But is that too good to be true?
The Rise Of Nintendo
Nintendo hasn’t always made video games. It was founded over a century ago and at one point sold ramen noodles and operated a taxi service. Today, Nintendo is part of a crowded video game market, up against companies like Sony, Microsoft, Apple and Google. When Nintendo first got into the home console business in the 80s, it dominated.
The Billion-Dollar Ponzi Scheme That Hooked Warren Buffett And The U.S. Treasury
Jeff Carpoff was a good mechanic but struggled as a businessman. His machine—a solar generator on wheels—was a sun-fueled alternative. He called it the Solar Eclipse. His invention, he thought, was “crazy, harebrained.” But investors saw the makings of a clean-energy revolution.
The Great Wall Street Housing Grab
Wall Street’s latest real estate grab has ballooned to roughly $60 billion, representing hundreds of thousands of properties. In some communities, it has fundamentally altered housing ecosystems in ways we’re only now beginning to understand, fueling a housing recovery without a homeowner recovery.
The Spectacular Rise And Fall Of WeWork
In less than one year, WeWork went from having a $47 billion valuation and being the darling of the venture capital world to needing an $8 billion infusion to avoid running out of money. This is the story of Adam Neumann, Softbank’s risky investment, a failed IPO and how we got here.
How Silicon Valley Ruined Work Culture
More and more offices are adopting the work culture invented by the technology upstarts. These are not the offices where your grandparents worked, clocking out at 5 sharp, eyeballing the corner office. There is no corner office here—just “hot desks” and open floor plans, wide as the prairie.
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?
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.
The Dictatorship Of Data
Big data is poised to transform society. Yet big data also exacerbates a very old problem: relying on the numbers when they are far more fallible than we think. Nothing underscores the consequences of data analysis gone awry more than the story of Robert McNamara.
The Cab Ride That Nearly Killed Me Changed How I Think About Ride-Hailing Apps
Were ride-hailing companies doing enough to protect passengers from negligent drivers? Maybe Grab’s growth and its perceived triumph over Uber the day before my accident had come at a cost. Was it possible that, for all the convenience ride-hailing services offered, they were making cities less safe?
The Everything Town In The Middle Of Nowhere
On any given day, thousands of packages from Walmarts, Targets, and stores around the country travel north along a two-lane road out of Billings, Montana — past the Tumbleweed Saloon, past cows grazing on empty rangeland, past the Busy Bee Cafe and stands of short pines — to the town of Roundup, where they will be unboxed, re-boxed, and sent off to Amazon.
The Rise And Fall Of Pan Am
Pan Am was once the largest international airline in the US. In 1970 alone, it carried 11 million passengers to 86 countries worldwide. But after 60 years of flight, decades of financial turbulence, and a devastating terrorist attack above the skies of Lockerbie, Scotland, Pan Am went bust.
The Case For More Silent Meetings
Talking meetings have much merit, but can also be subject to a host of problems. Current research supports the benefits of holding a “silent meeting” as one way of better leveraging the ideas, perspectives, and insights of organizational talent.
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.
‘Angels’ In Hell: The Culture Of Misogyny Inside Victoria’s Secret
Victoria’s Secret defined femininity for millions of women. But inside the company, two powerful men presided over an entrenched culture of misogyny, bullying and harassment, according to interviews with more than 30 current and former executives, employees, contractors and models, as well as court filings and other documents.
The Epic Rise And Hard Fall Of New York’s Taxi King
The man known as the Taxi King arrived at his 2014 holiday party in a $384,000 Ferrari, wearing a custom Italian suit. Five years later, that man, Evgeny A. Freidman, stood in a mostly empty courtroom in Albany, N.Y., as a judge sentenced him to probation for tax fraud.
Dystopian Photos Of London’s Bankers In Meltdown
Having been a fixture in and around the banks since the rumors of trouble first started circulating, photographer Stephen McLaren was embedded on the frontlines when what would become the 2008 Global Financial Crisis began to first take shape.
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.
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.