September 22, 2020

On August 27th, Warner Bros. began gradually releasing the movie Tenet in theaters that had been closed for months due to the pandemic. After more than two weeks on American screens, though, the $200 million film has only earned $29.5 million domestically. As a result, Hollywood studios may hold back on releasing major titles until audiences are ready to return. “You can’t do it. The economics won’t allow you to do it,” said one studio executive. “We can’t give [theaters] Continue reading

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September 18, 2020

In order to assess the state of the economy, analysts often examine how many long-lasting goods are being ordered by retailers and manufacturers. The idea is that companies who are confident enough to stock up on durable goods like appliances and cars are anticipating a consumer base that’s eager to purchase them. This video looks at the durable goods indicator and explains how investors often look beyond it to get a better sense of where the economy is headed.

Questions: Continue reading

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September 10, 2020

With Labor Day weekend come and gone, airlines have entered the period of the year where business travelers usually make up the bulk of their flights rather than tourists. But as the pandemic continues to disrupt life throughout the U.S., almost nothing is proceeding like normal in the air travel industry. All told, the nation’s carriers are losing $6 billion per month and have laid off more than one-fifth of workers as the industry desperately looks for ways to cut Continue reading

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September 2, 2020

The video sharing app TikTok has become a big hit with millions of Americans over the last few years. According to the federal government, however, the Chinese-owned company presents national security risks that could lead to a ban on the app in the U.S. This video looks at the controversy surrounding TikTok’s American operations as well as the larger dangers of a fractured global Internet. 

Questions:

  1. Why is the federal government considering a ban on TikTok? 
  2. Do you Continue reading
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August 26, 2020

For decades, clothing designers, magazine editors, and photographers at publications like Vogue decided what the fashion world would see and how they would see it. Although models received plenty of opportunities to pose in front of the cameras, they got almost no say in the decisions that were made behind the scenes. That started to change as social media platforms like Instagram gave models direct access to audiences, granting them more individual power over the creative direction of their brands. Continue reading

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August 18, 2020

The ongoing coronavirus pandemic has forced countless companies around the world to come up with new ways to sell products or else risk going out of business. For instance, many bars and restaurants have made the switch to carry-out service and installed take-out windows to easily access waiting customers. For some lucky Italian entrepreneurs, though, their businesses come with built-in to-go kiosks constructed more than 500 years ago.

Known as “buchette del vino,” or “little wine holes” in English, these Continue reading

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August 7, 2020

Airline passenger volume has plummeted by 95 percent during the coronavirus pandemic, wiping out tens of billions of dollars in revenue in the process. This video looks at how airlines are fighting to survive these unprecedented times by furloughing employees, limiting flight capacity, and retiring old aircraft like the Boeing 747. 

Questions: 

  1. What measures are airlines taking to cut costs during the pandemic? 
  2. What are the potential long term consequences of furloughing employees like pilots?
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August 6, 2020

Global sales of household cleaning products and disinfectants have skyrocketed since the start of the coronavirus pandemic. As a result, supplies of some products have become increasingly strained as even the biggest brands struggle to keep up with demand. For example, Clorox CEO Benno Dorer said that the company will not be able to fully stock grocery store shelves with disinfectant wipes until at least 2021. 

Clorox has also been running low on many of its most popular items, Continue reading

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July 23, 2020

Since thousands of concert venues around the world remain closed due to coronavirus, many artists have taken to social media to stream live performances. These innovative concerts draw in huge online audiences but are no replacement for the revenue generated by live shows. This video looks at how the music industry is hoping to earn cash from unorthodox venues, such as drive-in concerts and video game tie-ins. 

Questions:

  1. Do you think virtual events in video games like Fortnite could Continue reading
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July 14, 2020

Last month, we looked at AMC Theatres’ plans to reopen on July 15th with expanded safety measures. But after major studios delayed the release of upcoming blockbusters like Tenet and Mulan, the chain pushed back its reopening plans to July 30th. Still, even this goal could be optimistic as cases of coronavirus continue to rise across the country. “Twenty days ago, I would’ve said we’re on track,” said David Gross, head of the film consultancy company Franchise Entertainment Research. Continue reading

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