March 2, 2016

For decades China’s industrial economy grew at a breakneck pace thanks to heavy investment from the state. This expansive age may be at an end, however. Over the last few years, demand for Chinese goods has dropped and its stock market has become increasingly unpredictable. Analysts say that China built up far too much manufacturing infrastructure that has now become an excessive drain on resources. As a result, last week the Chinese government announced the drastic measures it would take Continue reading

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February 29, 2016

Talcum powder is such a standard household item that most people don’t think twice about using it every day. That was certainly the case for Jackie Fox of Birmingham, Alabama, who for decades used Johnson & Johnson brand baby powder for feminine hygiene. Once she became diagnosed with ovarian cancer in 2013, however, Fox soon learned that the seemingly healthy habit had actually caused her disease. Shocked by the news, Fox filed suit against Johnson & Johnson in a broader Continue reading

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February 22, 2016

Last week, a judge ordered Apple to help the FBI unlock an iPhone used by one of the perpetrators in the San Bernardino mass shooting. Despite the gravity of the case, the tech giant refused the government’s request on the grounds that such an act would compromise the security of all its customers. “We feel we must speak up in the face of what we see as an overreach by the U.S. government,” said Apple CEO Tim Cook in a Continue reading

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February 17, 2016

At big tech companies like Google and Facebook, employees enjoy a range of benefits that have become almost as famous as the companies themselves. From free smoothies and snacks to complimentary massages, these perks are meant to fulfill the basic needs of staffers so that morale and productivity remain high. In fact, tales of these benefits have reached so far that many workers today would prefer them to increased wages. According to a recent survey by job-listings website GlassDoor, 79 Continue reading

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February 12, 2016

alphabetIn October 2015 Google underwent a thorough restructuring and emerged as Alphabet, a multinational corporate parent for the tech giant’s many enterprises. After all, Google has explored a variety of different fields in its 18-year history, including recent forays into self-driving cars and home automation. As these projects stacked up, however, managing them all under the Google name became difficult both for operational and marketing reasons. Now, separate companies working under Alphabet’s umbrella manage all these outside ventures. For instance, Continue reading

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February 5, 2016

In Silicon Valley’s immensely competitive entrepreneurial environment, many startups end up failing shortly after they launch. But among these many fallen firms stand a few “unicorns,” or private tech companies with valuations worth more than $1 billion. At these lucky startups, the strategy is to increase the firm’s value as much as possible until it can be sold to the highest bidder. Not only does such a sale grant enormous payouts for founders and investors, it can also enrich regular Continue reading

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January 29, 2016

Chipotle enjoyed years of rapid growth thanks in part to its heavily marketed commitment to fresh ingredients. However, that established image has crumbled over the last few months as the burrito chain grapples with a major E. coli outbreak at its restaurants. Chipotle’s problems began in summer 2015 when customers began falling ill in California and Washington. Attention then shifted across the country to more than 140 Boston College students who received food borne noroviruses from a local Chipotle. By Continue reading

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January 25, 2016

In 2014 more than three hundred million Indians were regular users of the Internet, representing nearly a quarter of the country. With that number expected to double by 2020, India is the fastest growing online market outside of China. However, there’s a crucial difference in the way these two Asian nations use the Web. While China’s government prohibits foreign digital services like Facebook from setting up shop, India welcomes them.

At least that’s the way it works in theory. After Continue reading

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In an ideal world, FIFA, the global governing body of soccer, wouldn’t need to have its money management practices closely scrutinized. After all, FIFA is a nonprofit association whose primary function is to enforce the rules of the game and encourage its global expansion. In reality, however, the organization has been long accused of acting as a haven for corruption and corporate impropriety.

This much was confirmed in late May when Swiss police raided a luxury hotel in Zurich and Continue reading

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March 24, 2015

Although business-class seats only take up a few rows on an airplane, the money they bring in accounts for 30 percent of global airline revenues. As a result, many upscale air carriers have upgraded their premium cabins with increasingly posh amenities. Emirates’ double decker Airbus, for instance, has a bar onboard where first-class passengers can meet and mingle. And on Singapore Airlines premium customers have a menu of more than 60 gourmet dinners available to choose from.

But while the Continue reading

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