August 1, 2014

For decades big companies have done their best to avoid hefty corporate tax rates levied by Uncle Sam. The U.S. government collects 35 percent of a domestically based corporation’s income, a figure based on the entirety of the company’s worldwide revenue. This mighty bite from the bottom line leads many firms to reincorporate their companies in places like the Cayman Islands or Ireland, where the corporate tax rate is just 12.5 percent. While this process of “inversion” is entirely legal, Continue reading

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August 1, 2014

Recent technological advancements in automation could soon make many human workers obsolete, according to this rather bleak video. Due to the length and potentially overwhelming nature of this piece, we recommend showing just the first five minutes.

 

 

 

Questions:

  1. What has been the true value of mechanical advancements for society?
  1. What is the key message sent forth in this video?

From CGP Grey

 

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July 31, 2014

Led Zeppelin’s 1971 epic “Stairway to Heaven” is widely regarded by music critics as one of the greatest rock songs of all time. It’s also been one of the most profitable. Clocking in at nearly eight minutes long, the band refused to release the song as a single, which forced fans to shell out more cash to buy the album it appeared on. When coupled with the song’s substantial royalties from radio play, “Stairway to Heaven” has earned at least Continue reading

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July 28, 2014

As people become more skeptical of the ways science intrudes on the content of their food, controversial products like genetically modified crops face increasing opposition. That’s bad news for AquaBounty Technologies, a company that has been producing genetically modified salmon for more than 20 years. Called the AquAdvantage, the fish reach market size in two years rather than three. In order to engineer the salmon, scientists combine the gene of a large Chinook salmon with a gene from a fast-growing Continue reading

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July 25, 2014

 

loliwareFor many entrepreneurs, the best ideas come around when you least expect it. That’s what happened to Chelsea Briganti and Leigh Ann Tucker after they graduated from New York’s Parsons The New School for Design in 2010. In an effort to expand their portfolios, the pair of young designers entered a number of product creation competitions. At one event centered on Jell-O, Briganti and Tucker designed an edible drinking glass using agar, a seaweed-based gelatin that is odorless and Continue reading

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July 23, 2014

On the surface, it might seem like bungee jumping and fine dining don’t have much in common. But at a company called Dinner in the Sky, elements of these two seemingly unrelated concepts are combined to create an incomparable dining experience.

The business began in 2007 when a European restaurant association hired marketer David Ghysels to put together a suspended aerial dinner for promotional purposes. Ghysels teamed up with bungee-jumping expert Stefan Kerkhofs to design an advanced high-wire table that Continue reading

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July 20, 2014

 

In early June, Seattle Mayor Ed Murray signed a bill into law that will raise the city’s minimum wage to $15-an-hour. At more than double the federal level, Seattle’s new wage floor will become the highest in the country once it is fully implemented. Large businesses have until 2017 to reach the $15 mark while small businesses can wait as late as 2021. In both cases, wages will be slowly raised in the intervening years to make the process Continue reading

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July 15, 2014

The online, indie-driven craft store Etsy is giving their users a chance to sell their wares wholesale to retail outlets.

 

http://nyti.ms/1jFBb61

 

Questions:

  1. What are the major benefits of using Etsy to a firm like Worley’s Lighting?
  1. Do entrepreneurs like Shelli Worley often turn their hobbies into businesses?

From The New York Times

 

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July 14, 2014

For millions of people around the world, social media is a vital tool for everyday life. However, there are millions more who don’t have a Twitter handle or even a Facebook account. These mostly middle-aged or older absentees simply didn’t get swept in the social networking tide like so many others. To retirees, remaining unfamiliar with the subtle workings of a service like Instagram is not a huge loss. But for managers at many companies, social media skills are becoming Continue reading

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July 11, 2014

 

A few years ago, a rash of employee suicides at Foxconn Technology prompted investigations into the working conditions at the Chinese manufacturing giant. As the maker of such in-demand items as the iPad and Hewlett-Packard servers, Foxconn employs tens of thousands of people who work long shifts and live on-site. The monotonous work and the dorm-like living quarters can make for a grey life on the Foxconn campus, leading to depression and worse.

Foxconn responded to this bleak state Continue reading

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