August 14, 2018

In June, the German pharmaceutical giant Bayer paid $63 billion to acquire Monsanto, one of the biggest names in agricultural technology. The idea behind the deal was to merge Bayer’s pesticide business with Monsanto’s dominance in genetically modified crops to create the world’s largest seed and agrochemical company. Along with these valuable assets, however, Bayer also acquired a lot of legal baggage. Over the years, Monsanto has faced thousands of lawsuits from consumer and environmental advocates who claim that the Continue reading

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August 10, 2018

Over the last few years, many Americans have started to cut sugary drinks like soda out of their diets for health reasons. So instead of reaching for a Coke, these calorie-conscious consumers will opt for alternatives like bottled water or ginger ale. According to a recent lawsuit filed in New York, however, the latter isn’t that much better than soda if you’re drinking Canada Dry. Despite advertising on the label that it is “made with real ginger,” plaintiff Julie Fletcher Continue reading

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August 2, 2018

If you’ve never heard of poke (pronounced poe-kay) before, then you’re certainly not alone. This Hawaiian dish consisting of marinated sushi served over rice has been popular with eaters in the 50th state since the 1970s. For many people on the U.S. mainland, however, this meal remained a mystery until a few years ago when poke joints began to pop up along the east and west coasts. It has since grown into a nationwide trend: according to Foursquare more than Continue reading

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July 26, 2018

For the past few years, a number of technology companies have championed self-driving cars as the future of transportation. But recently the concept has received some bad press thanks to a string of accidents involving autonomous vehicles. For instance, last month a Waymo test car made headlines when it ended up in a five-car crash. Meanwhile, several Tesla vehicles in “driver-assist” mode have been involved in collisions, including one fatal incident. As a result, consumers are becoming more wary about Continue reading

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July 24, 2018

Last week, we took a look at the “robocallers” who use fake caller ID information to trick Americans into picking up their phones. Although they are undoubtedly annoying, these automated messages are far less dangerous than the human scammers who directly target vulnerable consumers. For instance, an older person might receive a threatening call from someone claiming to be with the IRS. The scammer will then tell their victim to send an immediate payment or else risk Continue reading

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July 20, 2018

Back in the pre-Internet days, companies would pay a fortune to set up services that allowed them to limit the number of phone lines used in the office. This meant that a company with 100 employees could use a single number with extensions rather than set up 100 seperate lines. Once caller ID came on the scene, these systems would display the same name to the receiver whether the call was coming from the mailroom or the C-suite.

This pricey Continue reading

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June 28, 2018

If you’re lucky enough to visit the beach this summer, you already know to bring plenty of sunscreen to protect yourself from any harmful rays. What you might not realize, however, is that some types of sunscreen can also damage the environment. As much as 70 percent of brands on the market contain the chemicals octinoxate or oxybenzone, described by the National Ocean Service as “highly toxic to juvenile corals and other marine life.”

That’s bad news for places like Continue reading

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June 22, 2018

In recent years, millions of consumers have grown accustomed to the convenience of online shopping. Along with enjoying wide selections and free home delivery, e-commerce customers often don’t pay sales tax for items purchased online. However, that last fact could soon change thanks to a new Supreme Court ruling.

The decision reverses a previous ruling that prevented companies from collecting sales tax in states where they had no physical presence. Given that online retailers aren’t constrained by borders, though, a Continue reading

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June 21, 2018

After a lot of legal wrangling, AT&T and Time Warner recently received permission to proceed with a long-awaited corporate merger. But they aren’t the only media companies looking to combine forces: Disney plans to buy Fox, so long as Comcast doesn’t beat them to the punch. This video takes a look at what these mergers mean for the companies themselves as well as consumers.

Questions:

  1. Why are major media companies starting to join forces through corporate mergers?
  2. How do you Continue reading
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June 14, 2018

In last year’s hit “Bodak Yellow,” the rapper Cardi B starts the song off by bragging about wearing expensive “red bottom” shoes. While those unfamiliar with fashion might not understand the lyric, fans of fancy footwear know there’s only one brand she could be talking about: Louboutin. Since the early 1990s the company has made high-priced stilettos that all feature bold red-colored soles. With the most basic pair going for more than $650, Louboutin shoes stand as symbols of luxury Continue reading

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