This week United Airlines has faced a surge in public anger following the release of a video that showed a passenger being dragged off of an overbooked flight. Along with its plummeting reputation, the company’s stock price has also experienced quite a bit of turbulence since the incident. At its worst point United shares fell 6.3 percent, reducing the the airline’s market value by $1.4 billion. United’s CEO has repeatedly apologized for the way the company handled the situation Continue reading
On Monday morning, people across the world woke up to find a disturbing video circulating in their social media feeds. The clip showed two men forcibly grabbing a passenger out of his seat on a United Airlines flight and then dragging his body down the aisle. Blood ran down the victim’s face and fellow passengers screamed in horror. Soon the video went viral as millions of social media users directed their outrage towards United for allowing this brutal incident to Continue reading
By the end of the year, the photo sharing app Instagram expects to earn $3 billion from ad sales. That’s a huge jump from the $60 million the social network made in 2015. In that time, Instagram has collected more than 600 million users, a number bested only by its parent company Facebook. About 8 million of these accounts belong to companies who use the platform primarily for promotion.
Soon, though, some brands will be able to develop closer relationships Continue reading
Since YouTube’s founding, the video s
haring site has prided itself on being a platform that anyone can use to express themselves. This concept catapulted the site to instant success and led to a $1.65 billion buyout from Google in 2006. Along with becoming one of the search engine giant’s most lucrative advertising outlets, YouTube is also the most valuable video platform on the Internet by far.
Despite this lofty status, though, major advertisers like AT&T, Lyft and Johnson & Continue reading
Even before the days of iTunes and Spotify, musicians depended heavily on the money they earned from touring to supplement their album sales. And while streaming services have recently provided a big boost of revenue for the industry, the vast majority of musicians still don’t make enough money from their recordings to earn a living. As a result, performing live is often the best option for musicians who want to see a monetary reward for their efforts.
Of course, touring Continue reading
From factory floors to Wall Street financial firms, robotic labor is becoming an increasingly important part of production for many companies. And according to the head of Yum Brands, fast food could be the next industry to adopt automation on a wide scale. This week CEO Greg Creed said that robots could start replacing humans at Yum-owned chains like Pizza Hut and Taco Bell by the mid-2020s.
Other fast food companies have already begun to experiment with automation. Wendy’s, for Continue reading
Whether you’re on a long road trip or just heading home from work, chances are that you won’t want to pick up dinner from a gas station. After all, the nation’s fueling stops are better known for roller-grilled hot dogs and unhealthy snacks rather than fine dining. But with many American eaters on the hunt for fresh and convenient options, gas stations around the country have started meeting this demand by bringing restaurants on site.
For instance, in Leesburg, Virginia, Continue reading
For many modern consumers, the origin of their food is just as important as its nutrition stats. That’s why high-end grocery stores like Whole Foods often specify which farms their meat and vegetables come from, sometimes even including detailed stories about their staff and methods. Still, even this attention to detail isn’t enough for some discerning eaters. In order to ensure they know exactly where their food comes from, these consumers can pool their resources together to purchase a cow Continue reading