January 24, 2017

QuinnDombrowskiIn the years since the economic crisis of 2008, wealth inequality has been an increasingly alarming problem both for scholars and regular people. Last year, the development charity Oxfam estimated that 62 billionaires owned just as much wealth as the poorest 50 percent of the globe. This month, however, the agency had worse news: a group of just eight men are worth a combined $426 billion, equivalent to the wealth held by 3.6 billion people.

Along with foreign billionaires like Continue reading

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January 20, 2017

Ensuring clean water for everyone on the planet is one of the major environmental challenges facing future generations. In this video, a Chilean engineer demonstrates his invention that draws vapor from the air and turns it into drinkable water. If he succeeds in making the machine smaller and cheaper, it could provide an immense benefit to communities that lack access to clean water.

Questions:

  1. Why does Hector Pino need to continue refining his product?
  2. Once fully developed, should Pino form Continue reading
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January 17, 2017

TorbakhopperRunning a small business takes a huge amount of work, so it’s not surprising that some entrepreneurs are more than happy to sell their companies if the right offer comes around. And according to data-tracking site BizBuySell, nearly 8,000 businesses did exactly that in 2016. This represents the largest number of small firms sold in a single year since data started getting collected in 2007.

But that doesn’t mean these companies were in financial trouble and needed outside buyers to Continue reading

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January 12, 2017

JhaymesisphotographyAs the fast-paced world of social media continues to dominate culture, many have worried that traditional forms of media won’t be able to compete. After all, why pick up a book when you can just read text messages and tweets? Although dedicated readers might find that question shocking, it’s precisely what thousands of people are doing with Hooked, a new app that sends out stories to users in bursts of texts.

Currently the top grossing book app in the iOS Continue reading

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January 10, 2017

DJpediaIf you’ve listened to hip hop or dance music made from the 1980s onward, then you’ve heard the Technics SL-1200 turntable in action. For decades these decks were the preferred hardware for DJs of all skill levels. Although a single turntable could cost between $500 to $700, aspiring selectors saved up their money until they had enough for two. After that, they had equipment for life: the durable SL-1200 could be used for spinning and scratching with little need for Continue reading

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January 5, 2017

AndrewMagillWhen David Malcolm took over his family’s sprinkler system business in 1992, he intended to run the company the same way that his father had over the last few decades. But that soon changed once he picked up an old project that his dad started just before he died: finding another use for a low-flow sprinkler designed for farming. At first Malcolm thought he solved the problem by installing the sprinkler heads on hoses and using them to patch up Continue reading

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December 29, 2016

As 2016 comes to a close, many people across the country have likely spent the last few weeks immersed in Christmas music and movies. This brief video takes a look at how much money some of these old entertainment properties earn during the festive season, from Frank Capra’s classic It’s a Wonderful Life to Mariah Carey’s perennial hit “All I Want for Christmas Is You.”

Questions:

  1. How did the public domain copyright of It’s a Wonderful Life transform the film Continue reading
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December 15, 2016

KenTeegardinIn 2010 the median salary for the 200 highest-earning executives in the U.S. topped out at nearly $10 million. Just five years later, though, that number doubled to almost $20 million. Meanwhile, researchers at the Economic Policy Institute found that CEOs in 2013 earned more than 300 times the salary of average workers. For comparison, in 1965 chief executives brought in just 20 times more pay than their average employees.

To combat this increasing inequality, last week government administrators in Continue reading

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December 13, 2016

LauraNorthrupIn December 2008, John Palmer ordered some items from the online retailer KlearGear and never received them. His wife Jen responded to this poor service by writing a critical review about the company on a website called Ripoff Report. The incident eventually faded from Palmer’s memory until three years later when she received a demand from KlearGear to take the review down. If she didn’t comply, the company said, they would fine her $3,500 for violating a non-disparagement clause that Continue reading

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December 9, 2016

MattDempseyWhile a major entertainment conglomerate like Disney has many sources of income, the iconic brand earns the bulk of its revenue from TV networks like ESPN and ABC. This year these channels have brought in nearly $24 billion, exceeding the company’s theme park earnings by 40 percent. But this enormous payout doesn’t tell the whole story about Disney’s TV holdings. For the past few years, subscriptions to its premium channels have dropped significantly, leading to a similar dip in the Continue reading

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