March 29, 2019

China’s population is aging on a massive scale. Within 30 years, experts estimate that the country will be home to more than 500 million citizens over 60. As a result, China’s economy and society could face majors changes as it strives to meet the needs of seniors. This video takes a look at the massive purchasing power that the nation’s seniors will soon wield and how businesses are responding to shifting demographics.

Questions:

  1. How does Granny Sunshine’s success in fashion Continue reading
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March 5, 2019

A few weeks ago, PepsiCo announced the annual results of what turned out to be a very profitable year. The beverage and snack giant saw revenues increase 1.8 percent to a whopping $64.4 billion, resulting in a profit of $12.6 billion. On top of this 158 percent increase in annual profit, Pepsi also predicted organic growth at a rate of 4 percent for the coming fiscal year.

But while the company had plenty of good news in store for investors, Continue reading

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February 21, 2019

Since its founding in 1995, the Colorado-based chain Illegal Pete’s has expanded to 11 locations throughout the state thanks to its delicious Mission-style burritos. According to founder Pete Turner, though, the company’s employees have played just as vital of a role in its success story. So in 2011 he decided to show his appreciation by gradually raising wages across the board. “After 15 years, we were able to look forward and say, ‘What do we want this business to look Continue reading

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February 19, 2019

In 2017 Amazon announced that it would open a second headquarters somewhere in the U.S., setting off a bidding war between cities all across the country. Then this past November the e-commerce giant shared its decision with the public: the new HQ would be split in two between New York City and Arlington, Virginia. But while many politicians and business leaders celebrated the announcement, activists, unions, and some local lawmakers in New York blasted the decision to give Amazon nearly Continue reading

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January 29, 2019

From December 22, 2018, up until last Friday, the federal government remained shut down due to a budget dispute between the White House and congressional Democrats. During the course of this 35-day shutdown, thousands of federal employees either worked without pay or were sent home until the government reopened. And according to a new report from the bipartisan Congressional Budget Office (CBO), the shutdown cost the U.S. economy an estimated $11 billion.

The report says that most of the lost Continue reading

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November 15, 2018

Last year, Amazon announced that it would build a second headquarters somewhere in the United States. Known as “HQ2,” the project generated instant interest among dozens of cities that wanted to attract the e-commerce giant to their communities. After all, Amazon said the headquarters would bring in at least 50,000 high-paying tech jobs, which could have a significant economic impact anywhere in the country. Cities then offered generous benefits and tax breaks in an effort to woo the company. While Continue reading

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November 13, 2018

A couple of weeks ago, more than 20,000 Google employees staged a walkout to protest the search giant’s handling of sexual harassment claims. Along with demands to improve the process for reporting harassment, the protesters also called for Google to end forced employee arbitration. This controversial tactic requires staffers to settle any legal disputes out of court, usually through an independent arbitrator rather than a judge and jury.

Critics of the policy say that this system protects serial harassers by Continue reading

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November 6, 2018

Today millions of Americans will head out to vote in the midterm elections, and hopefully you’ll be one of them. Of course, not everyone can easily find time during the day to perform this important civic duty. According to a Pew Research Center survey from 2014, 35 percent of respondents said they were registered to vote but couldn’t make it to the polls due to “work or school conflicts.” In that particular election year, only 37 percent of eligible voters Continue reading

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November 2, 2018

Yesterday, we took a look at the thousands of Marriott employees who are currently striking against the hotel chain for improved wages and better working conditions. Shortly after we published that post, though, another major labor action began to take place at one of the world’s largest companies. Starting early Thursday morning, thousands of Google employees in offices across the globe walked off their jobs to protest the search giant’s handling of sexual assault claims.

A week before the walk Continue reading

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November 1, 2018

With about 6,700 hotels operating under 30 brands in more than a hundred countries, Marriott International is by far the world’s largest hotel chain. Last year the company earned profits totaling $1.37 billion as guests from around the globe checked in and out of properties like Sheraton, Ritz-Carlton, and Westin. Over the last few weeks, however, 23 hotels owned by Marriott have not been operating as usual. That’s because since October 8th the employees at these locations have been on Continue reading

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