August 21, 2018

Last week the legendary soul and gospel singer Aretha Franklin passed away at the age of 76. Her legacy includes a wide catalogue of classic hits that will long be remembered by music lovers, especially her signature song “Respect.” But while she earned millions of fans over the years with the anthemic tune, she unfortunately did not earn millions of dollars directly from it. That’s because all of the song’s radio royalties have gone to the estate of its writer, Continue reading

Continue reading...

August 17, 2018

If you’ve ever wondered whether it’s safe to eat eggs that have gone past their “sell-by date,” you are certainly not alone. This video looks at the confusing dates that companies place on food packaging and how they encourage consumers to throw out items that are still edible.

Questions:

  1. Why do companies place sell-by dates on food packaging?
  2. What can companies do to make food date labels more straightforward for consumers?
Continue reading...

August 16, 2018

If you live in a large or mid-sized city, you’ve probably noticed a lot of brightly colored bicycles popping up on sidewalks throughout town. Whether they’re green bikes from Lime or Ofo’s yellow models, these two-wheeled vehicles are available to rent for as little as $1 per ride. Bike-share companies claim that this business model provides cities with a wealth of transportation options that both tourists and locals alike can easily access. For communities that have been absolutely flooded with Continue reading

Continue reading...

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

Continue reading...

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

Continue reading...

August 7, 2018

At the beginning of the year, we looked at how MoviePass planned to disrupt the multiplex by allowing subscribers to see as many movies as they liked for just $9.95 per month. Since the company paid theaters directly for every ticket obtained by its members, critics wondered how long MoviePass could operate before it ran out of money. In fact, the company was losing $45 million a month as it tried to amass a large user base. These losses unnerved Continue reading

Continue reading...

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

Continue reading...

July 31, 2018

Although people sometimes use “vanilla” as a byword for “boring,” the complicated global industry that surrounds this flavor is far from dull. 80 percent of the world’s vanilla crop is grown in Madagascar, which has the perfect climate for vanilla orchids. These plants only bloom one day a year and must be pollinated by hand, followed by another 9 months of waiting for the fruit to mature into pods. Then comes another weeks-long process of curing the plants using steam, Continue reading

Continue reading...

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

Continue reading...

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

Continue reading...