March 5, 2019

A few weeks ago, PepsiCo announced the annual results of what turned out to be a very profitable year. The beverage and snack giant saw revenues increase 1.8 percent to a whopping $64.4 billion, resulting in a profit of $12.6 billion. On top of this 158 percent increase in annual profit, Pepsi also predicted organic growth at a rate of 4 percent for the coming fiscal year.

But while the company had plenty of good news in store for investors, Continue reading

Continue reading...

February 8, 2019

Sorry, candy lovers, but today we’ve got more bad news. Not only will millions of Americans soon be forced to spend Valentine’s Day without their SweetHearts, but there’s also something wrong with the nation’s supply of Hershey’s Kisses. While the chocolate treats will still be available for next week’s big day, they’ll be missing one of their most distinctive features: the tips. Since December consumers have been puzzled by the tips’ absence, fearing that Hershey had changed the candy’s Continue reading

Continue reading...

January 31, 2019

Over the last few decades, the technological capabilities of American companies have increased significantly with each passing year. In fact, the trade group CompTIA expects global spending on information technology (IT) to increase by more than $200 billion in 2019, which would put total IT spending for the year over the $5 trillion mark. Unlike in the past, though, many of today’s companies are focused on using the tech currently at their disposal rather than searching for the “next big Continue reading

Continue reading...

December 11, 2018

For most of the 20th century, the AM radio band served as the country’s main source for mass media. And while broadcasters eventually moved on to higher quality options like FM and satellite radio, the AM dial remains packed with all sorts of talk, sports, and music programs. And just like in the early days, anybody can tune in as long as they own a radio. That is unless you want to listen while riding in your Tesla or Chevrolet Continue reading

Continue reading...

September 21, 2018

Depending on which way you look at it, the rise of automated labor in the workplace can serve as either a source of optimism or anxiety. On the pro side of the argument, robotic workers will be highly efficient and more willing to perform monotonous tasks than their human counterparts. Of course, matters of “efficiency” don’t mean much to people who could lose their jobs because of automation. And according to a new study published by the World Economic Forum, Continue reading

Continue reading...

September 6, 2018

About a century ago, American manufacturers started stacking their goods on wooden pallets that could then be carried off by forklifts. Taking advantage of these two recent inventions allowed factories to transport products in bulk without making a lot of trips. Not much has changed since then: today more than 2 billion pallets circulate around the U.S. carrying everything from car parts to candy.

Despite its staying power, though, the classic wooden pallet certainly comes with its share of disadvantages. Continue reading

Continue reading...

July 10, 2018

The 2018 FIFA World Cup hits the home stretch this week, with the semifinals taking place today and tomorrow followed by the final match on Sunday. While the end of this month-long festival of soccer will be bittersweet for many fans, few people will be sadder to see it go than the people who run the Italian publishing house Panini. The company specializes in making stickers that feature every player in the tournament along with a free booklet to place Continue reading

Continue reading...

Modern factories depend on high-tech concepts such as automation and computer-aided manufacturing in order to operate as efficiently as possible. Despite these advancements, though, even the most state-of-the-art facilities can fall victim to unforeseen setbacks that halt production completely. At Ford, for instance, the automaker announced yesterday that it will temporarily stop making its popular F-150 trucks after a fire at a supplier’s factory damaged critical components.

The incident took place last week at a facility that serves as Ford’s Continue reading

Continue reading...

March 1, 2018

Levi Strauss started selling blue jeans more than 100 years ago to miners and farmers who appreciated how long the pants could last under tough conditions. And while today’s consumers love the distressed look that denim achieves with a lot of wear, they don’t exactly want to toil in a mine in order to scuff up their jeans properly. Instead, over the years Levi’s has done all the fraying, fading and ripping themselves in a time-consuming process. Besides taking about Continue reading

Continue reading...

September 29, 2017

Last week Apple released the iPhone 8, the latest version of its iconic smartphone. The company’s flagship product has brought in billions upon billions of dollars over the years, prompting some to wonder why Apple doesn’t move iPhone production to the U.S. After all, it could definitely afford the increased labor costs that comes with doing business domestically. But as this video shows, looking after the bottom line is far from the only reason why Apple keeps its manufacturing operations Continue reading

Continue reading...