Why Cruise Lines Keep Cutting Their Ships In Half
In a process called “stretching,” the Star Breeze is getting pulled apart to make room for a new, 84-foot, 1,250-ton prefab midsection addition. Think of it like unsnapping (or unwelding) two Legos and putting another block in between. But with a boat.
How India’s Richest Man Fought To Build An Empire
Mukesh and Anil Ambani inherited their father’s fortune. But while Mukesh’s wealth made him India’s richest man, his brother’s net worth tumbled to less than $2B. The story of their diverging fortunes is steeped in a family feud that has captivated India for over a decade.
The Condensed Guide To Running Meetings
There’s plenty of advice out there on how to stop spending so much time in meetings or make better use of the time, but does it hold up in reality? Can you really make meetings more effective and regain control of your calendar?
The Fraught Business Of Removing And Selling Street Art Murals
Sales of street art murals in general are divisive. Artists often object to the transformation of a work they created for public enjoyment into an art object to be bought and sold. Banksy mural sales in particular attract protest.
What Happened To Giant Flying Boats? The Saunders-Roe Princess Story
In 1943, Saunders-Roe, an iconic British aircraft builder, began planning for the future by drafting a design for a truly next-generation flying boat. But by the time the Princess took its first flight, the world had been completely transformed by the rapid development of runways and advances in land-based aircraft.
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.
What Does A Cashless Future Mean?
Operating in cash costs countries about 0.5% of their GDP every year. But cost isn’t the only incentive to move towards a cashless future. Many countries are going cashless at great speed. What are the advantages of ditching hard cash and what are the dangers?
The Pandemic Will Reduce Inequality—Or Make It Worse
A recession is no picnic. A financial crisis leaves wounds that last for decades. A pandemic, though, can sow a unique kind of chaos. The rich got even richer after the Great Recession, but the Great Depression changed the social order.
How Online Shopping Makes Suckers Of Us All
Will you pay more for those shoes before 7 p.m.? Would the price tag be different if you lived in the suburbs? Standard prices and simple discounts are giving way to far more exotic strategies, designed to extract every last dollar from the consumer.
The Man Who’s Going To Save Your Neighborhood Grocery Store
American food supplies are increasingly channeled through a handful of big companies: Amazon, Walmart, FreshDirect, Blue Apron. What do we lose when local supermarkets go under? A lot — and Kevin Kelley wants to stop that.
The Start-Ups Building ‘Dark Kitchens’ For Uber Eats And Deliveroo
Venture capitalists have all aligned on the best solution: kitchens that only serve delivery customers, known as “cloud”, “ghost” or “dark” kitchens, that use a combination of advanced food preparation, underused real estate and algorithm-driven optimisation to lower overheads and increase output.
Down And Out In the Gig Economy
Gig economies are ersatz structures, designed to skirt labor laws and offload risk and expense onto workers themselves. They serve the whims of capital.
The Most Common Type Of Incompetent Leader
Research shows that absentee leadership is the most common form of incompetent leadership. Absentee leaders were promoted into management, and enjoy the privileges and rewards of a leadership role, but avoid meaningful involvement with their teams.
The Decade Disney Won
The control Disney has on pop culture is kind of terrifying. Marvel’s superhero movies and Star Wars are two of—if not the—biggest franchises in the world. Add those to Pixar’s beloved library of films and its own perennially popular movies, and Disney is effectively in charge of what people watch.
The British Once Built A 1,100-Mile Hedge Through The Middle Of India
There was nothing charming about what the British built. It wasn’t meant to protect anything except imperial revenue. It grew along the Inland Customs Line, a bureaucratic barrier that the British created to impose a high salt tax on the people living on one side of the line—the relatively saltless one.
What Ever Happened To Waterbeds?
After a heyday in the late 1980s in which nearly one out of every four mattresses sold was a waterbed mattress, the industry dried up in the 1990s, leaving behind a sense of unfilled promise and thousands upon thousands of unsold vinyl shells.
How An Obsession With Home Ownership Can Ruin The Economy
Many dream of owning their own home, and thanks to huge financial incentives in the rich world many have been able to so. But government policies to encourage home ownership were a huge mistake.
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.
How IKEA Became Sweden’s National Brand
In 1950, Ingvar Kamprad began selling furniture. Seeing the logistical difficulty of shipping large items far away, Ingvar decided to flat-pack the furniture, which also reduced the chance of damage during transport. The company created a catalog that customers could browse through and order with from afar.
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 Malaysian Job: How Wall Street Enabled A Global Financial Scandal
The story of possibly the largest fraud in financial history—in which, billions of dollars were diverted from a Malaysian sovereign-wealth fund called 1Malaysia Development Berhad into covert campaign-finance accounts, U.S. political campaigns, Hollywood movies, and the pockets of innumerable other recipients.