Late last year, Snapchat unveiled a number of changes to the design of its immensely popular photo and video sharing platform. The idea behind the switch was to separate content produced by a user’s friends from content made by media companies and celebrities. In practice, however, this amounted to Snapchat splitting their users’ feeds in two.

The social media reaction to the redesign started out negative and only got worse as time passed. Along with the more than 1.25 million Continue reading

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In the Understanding Business profile for Chapter 8, we looked at how Denise Morrison brought a lifetime of business experience to her role as CEO of the Campbell Soup Company. She landed the job in 2011 just as the company was ready to undergo some major changes. Rather than continuing to use unhealthy, processed ingredients, under Morrison’s leadership Campbell’s began to focus on developing more organic options. “We believe we need to participate in this, so you can either lead Continue reading

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January 11, 2018

If you’ve ever owned an iPhone, you may have noticed that the device tends to slow down as it gets older. At first glance this might seem like a natural occurrence. After all, any piece of technology inevitably grows to be obsolete, no matter how advanced it appeared when it was first introduced. But the way that iPhones drop in performance has frustrated customers since the iconic product launched in 2007. Then last month, a group of Internet investigators discovered Continue reading

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October 26, 2017

In 2015 the popular burrito chain Chipotle faced a crisis so large that some wondered if the company would ever recover. Towards the end of the year, stories about norovirus outbreaks originating from Chipotle restaurants became national news. People were shocked to learn how this supposedly safe and sustainable place to eat had poisoned hundreds of people with tainted produce. Soon Chipotle’s stock price dropped and its sales plummeted, leading many in the company to worry that its reputation Continue reading

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August 18, 2016

OlympicImageWhen master salami maker Elias Cairo opened his restaurant Olympic Provisions in 2009, the company’s name seemed to be a gift from fate. Not only did the brand resonate with his Greek heritage, but it also paid tribute to the original resident of his eatery’s building, Olympic Mills. Early success allowed Cairo and his partners to expand the packaged salami-selling side of the business, which eventually grew into a major operation with distribution in 46 states. More restaurant openings and Continue reading

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August 16, 2016

For athletes competing at this year’s Olympics in Rio de Janeiro, the games represent the culmination of years of training and sacrifice for a shot at glory. But what exactly do these dedicated individuals do with their time in the South American metropolis once their particular competition has ended? In the case of Australian badminton player Sawan Serasinghe, a celebratory feast at McDonald’s served as the perfect pick-me-up after a bitter defeat. The athlete made waves on social media when Continue reading

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March 23, 2016

According to economists and government officials, the Great Recession officially ended in the middle of 2009. If you ask an average American, however, you’ll likely hear a different answer. 64 percent of people surveyed last year in a Fox News poll said they believed the U.S. economy was still in a recession. A poll conducted by NBC News and the Wall Street Journal the year before came up with similar results. And now thanks to an in-depth study by the Continue reading

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In this video the Treasury Department details all the design changes soon to be implemented on the $100 bill.

http://www.newmoney.gov/uscurrency/redesigned100.htm

Questions:

  1. Why did the Federal Reserve take almost 10 years to develop a new $100 bill?
  1. What other considerations needed to be considered in the new $100 bill?

 

From U.S. Currency

 

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February 15, 2013

This video about Welch’s beginnings serves as a companion to an abstract in this month’s Newsletter about cooperative corporations.

Questions:

  1. What major advantages does Welch’s provide to their grape growers?
  1. Have other products shifted from their original purpose and found success?

From CNN Money

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