November 10, 2017

Even before the release of the Paradise Papers this week, Apple has faced plenty of criticism over the years for exploiting foreign loopholes to avoid paying taxes. The most prominent example of this occurred in 2013 during a Congressional inquiry of CEO Tim Cook. A Senate committee brought in the executive for questioning after they discovered Apple had hidden billions in taxable income through a series of “ghost companies” in Ireland. Cook admitted nothing, however, telling legislators, “We don’t depend Continue reading

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November 9, 2017

This week a group of investigative journalists released an enormous cache of leaked documents called the Paradise Papers. Like last year’s Panama Papers incident, these records detail the offshore financial activities of some of the world’s richest people and companies. But while 2016’s leak focused mainly on the tax avoidance strategies of foreign entities, the Paradise Papers are full of names that will be familiar to Americans. The video below provides a quick overview of this complex story. Tomorrow, we’ll Continue reading

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November 3, 2017

When we took a look at Bitcoin in August, the cryptocurrency had just reached a record value of more than $4,000. Since then it has only continued to grow in worth, topping out $7,200 this week. Many experts now say that Bitcoin and other blockchain-based currencies could be the future of money, even though most consumers have no clue how they work. This longform video tries to remedy that problem by comparing Bitcoin with the stone ring currency system used Continue reading

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October 3, 2017

legosThe last decade has been a good one for the Danish company Lego. After surviving a brush with bankruptcy in 2004, the famous toymaker regrouped and pursued an aggressive sales strategy focused on creating popular product lines. The plan worked as brands like Lego Architecture and the Mindstorms series attracted thousands of fans both young and old. By 2010 profits had quadrupled from the same time two years before. The company has since released two hit movies while continuing to Continue reading

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September 29, 2017

Last week Apple released the iPhone 8, the latest version of its iconic smartphone. The company’s flagship product has brought in billions upon billions of dollars over the years, prompting some to wonder why Apple doesn’t move iPhone production to the U.S. After all, it could definitely afford the increased labor costs that comes with doing business domestically. But as this video shows, looking after the bottom line is far from the only reason why Apple keeps its manufacturing operations Continue reading

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September 28, 2017

hurricane-mariaOver the last month hurricanes have torn through America’s southern coast, inflicting massive amounts of damage to Texas, Florida, and other states in the region. Of course, the U.S. mainland is far from the only place that’s been harmed by these major weather emergencies. Along with devastating Caribbean islands like Barbados and Barbuda, recent tropical storms have also hammered the American territory of Puerto Rico. First it had to endure Hurricane Irma, which only clipped the island’s northern portion Continue reading

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September 22, 2017

adidasIn 2015 the future was looking bleak for Adidas. The Germany-based apparel company had experienced years of declining sales as they lost market share to Nike’s growing dominance. A new batch of competitors like Under Armour and Skechers took their toll as well, causing Adidas to lose its position as the world’s second most popular seller of sportswear and footwear.

But just as analysts began to write off Adidas as a dying brand, the company set off on a major Continue reading

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September 15, 2017

In the 17th century citizens of the Netherlands enjoyed an historic era of art and prosperity known as the Dutch Golden Age. Wealthy merchants spent lavishly on all sorts of luxuries, including a new flower imported from Turkey called the tulip. Demand for tulips reached incredible heights until the bottom suddenly fell out of the market. This short video looks at what many economists consider to be the first market bubble to burst.

Questions:

  1. How does the Dutch tulip craze Continue reading
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September 1, 2017

Along with being one of the most groundbreaking trade pacts in history, the North American Free Trade Agreement is also considerably controversial. NAFTA has especially faced criticism recently, leading representatives from the U.S., Canada, and Mexico to meet and discuss the future of the deal. This video looks at how NAFTA currently impacts supply chains in North America and how changes to the agreement could affect commerce.

Questions:

  1. What do American opponents of NAFTA want to change about the deal? Continue reading
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August 17, 2017

momoneympproblemzAfter its founding in 1892, General Electric spent decades growing into one of the country’s most successful companies. It continued to expand in the years following World War II, only this time GE began thinking globally rather than domestically. The company built its first international supply chains by establishing manufacturing centers in industrialized nations like France and Japan. By the 1990s GE moved on to developing economies like India and China where the company could produce items like jet engines Continue reading

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