In our previous post, we explored the new crop of startups that are applying Uber’s on-demand business model to other markets. Although these spinoff services aren’t nearly as successful as the original, a number of entrepreneurs remain convinced that they can develop an Uber for everything. We already took a look at the parking service Luxe and grocery delivery app Instacart, both fairly straightforward and simple adaptations of the concept. But startups like Filld and WeFuel take the idea Continue reading

Continue reading...

April 14, 2016

Last week’s revelations surrounding the Panama Papers scandal set off a firestorm of debate about offshore tax avoidance. Media outlets across the globe exposed the names of many high profile clients of the offending law firm Mossack Fonseca, including soccer superstar Lionel Messi and several heads of state. As many in the U.S. pointed out, however, the Panamanian firm’s roster of shell company-seeking clients had a noticeable lack of Americans. According to some experts, this is due to lenient incorporation Continue reading

Continue reading...

April 12, 2016

For decades some wealthy people and businesses have avoided paying taxes in their home countries by setting up “shell companies” in tropical locales like the Cayman Islands or the Bahamas. The lax tax rates of these nations allow individuals and organizations to quietly keep their money out of government coffers. In today’s digital age, however, it’s a lot harder to keep a secret than it used to be. Just ask the clients of the Panamanian law firm Mossack Fonseca, the Continue reading

Continue reading...

April 1, 2016

This week, America’s labor lobby scored a major victory thanks to a split Supreme Court decision that upheld unions’ right to collect membership fees from public sector workers. The short video linked below brings clarity to this complicated story and focuses on the perspectives of both sides.

http://on.wsj.com/1VSf1RU

Questions:

  1. Is it ethical to require teachers like Rebecca Friedrich to pay for membership to unions they oppose?
  1. What benefits do union members receive from the dues they pay?
Continue reading...

March 31, 2016

Last month, the FBI and Apple became entangled in a legal battle that many assumed would rage for months. The conflict centered on an iPhone owned by one of the perpetrators of the San Bernardino mass shooting. While the FBI accessed most of the device’s data through the cloud, the government claimed a security system installed on the phone prevented them for obtaining the rest of its information. Apple refused to help the feds bypass the security feature, however, claiming Continue reading

Continue reading...

March 21, 2016

For years crowdfunding websites have given regular people a platform to finance their personal causes. GoFundMe, for instance, adds 100,000 campaigns to its site each month. Most people are looking to raise money to combat a crisis, such as paying for medical bills or funeral expenses. Together these campaigns have raised more than $2 billion on GoFundMe alone, with more than half of that amount coming in the last 9 months. In fact, analysts expect that crowdfunding donations will grow Continue reading

Continue reading...

March 4, 2016

In today’s age of targeted advertising, billboards may seem like a holdover from another era. However, these seemingly obsolete roadside ads could bring about one of the latest advancements in mobile marketing. This week the media giant Clear Channel announced a plan to make their tens of thousands of billboards more effective by analyzing location data from smartphones. The idea is to aggregate demographic information about the people who travel by a particular billboard and where they go afterwards. For Continue reading

Continue reading...

March 2, 2016

For decades China’s industrial economy grew at a breakneck pace thanks to heavy investment from the state. This expansive age may be at an end, however. Over the last few years, demand for Chinese goods has dropped and its stock market has become increasingly unpredictable. Analysts say that China built up far too much manufacturing infrastructure that has now become an excessive drain on resources. As a result, last week the Chinese government announced the drastic measures it would take Continue reading

Continue reading...

February 29, 2016

Talcum powder is such a standard household item that most people don’t think twice about using it every day. That was certainly the case for Jackie Fox of Birmingham, Alabama, who for decades used Johnson & Johnson brand baby powder for feminine hygiene. Once she became diagnosed with ovarian cancer in 2013, however, Fox soon learned that the seemingly healthy habit had actually caused her disease. Shocked by the news, Fox filed suit against Johnson & Johnson in a broader Continue reading

Continue reading...

February 26, 2016

google carEven though stories about self-driving cars have appeared in the news for years now, the concept still seems almost too futuristic to be true. Autonomous autos are far from science fiction, however. In fact, some experts estimate that driverless cars will eventually reduce America’s 33,000 annual road fatalities by 80 percent. Carmakers recently took one step closer towards this goal when the National Highway and Traffic Safety Administration (NHTSA) told Google that its artificial intelligence system could be legally recognized Continue reading

Continue reading...