January 24, 2024

Two weeks ago, we looked at the terrifying incident that passengers experienced on an Alaska Airlines flight when a door suddenly blew open during takeoff. The incident placed Boeing under renewed scrutiny for its Max line of aircraft, which could have big repercussions for the company going forward. This video looks at the potential consequences Boeing could face, from losing airlines’ confidence to ceding market share to competitors like Airbus.

Questions:

  1. How could airlines’ loss of confidence in Boeing Continue reading
Continue reading...

January 17, 2024

For decades, snack brands like Lay’s chips have emphasized the craveability of their products, declaring “Betcha can’t eat just one” to customers across countless marketing campaigns. But a growing number of Americans are challenging the validity of this classic slogan thanks to appetite-controlling drugs like Ozempic and Mounjaro. These pharmaceutical brands are quickly becoming big hits with consumers who want to reduce their compulsive eating habits, especially frequent snacking. According to one user, her grocery bills dropped by 20 percent Continue reading

Continue reading...

January 12, 2024

Last week, passengers on an Alaska Airlines flight endured a disaster that every traveler fears as a door blew wide open while the plane was 16,000 feet in the air. Fortunately, pilots performed an emergency landing that ultimately kept the number of injuries low. Once the plane reached the ground, however, airline regulators demanded an explanation of how this incident could occur. Then they found out the make and model of the faulty plane: the Boeing 737 Max 9, a Continue reading

Continue reading...

January 10, 2024

After enduring years of rising prices, consumers finally began to see some relief at the register as inflation cooled down toward the end of 2023. The recent global increase in prices was due in no small part to supply chain problems that stemmed from the pandemic, causing shipping costs to spike as transport times slowed to a crawl. It also didn’t help when an enormous container ship got stuck in the Suez Canal in 2021, which blocked trade on the Continue reading

Continue reading...

December 13, 2023

In 2022, the cafe chain Panera launched its Charged Lemonade brand, the company’s answer to energy drinks like Red Bull and Monster. The large, 30-ounce version of the beverage contains 124 grams of sugar and 390 milligrams of caffeine, which some customers do not realize when they order the drink at the counter. In fact, a pair of recent lawsuits filed against Panera claim that two people have died as a result of drinking several Charged Lemonades without knowing about Continue reading

Continue reading...

December 6, 2023

A few months ago, we looked at the hardships facing the European olive oil industry as unpredictable weather led to poor harvests and diminishing supplies over the last year. Not only have olive oil prices risen across the globe as a result, but this production crisis has also given fraudsters a golden opportunity to exploit the lack of supply. For instance, this week authorities in Italy and Spain seized more than 68,000 gallons of olive oil that was deemed “unfit Continue reading

Continue reading...

December 1, 2023

The Chinese e-commerce giant Shein (pronounced Shee-In) controls more than 40 percent of the U.S. fast fashion market, with more than $8 billion in sales last year. This video explores how the retailer consistently churns out cheap shirts and dresses, which includes accusations of labor exploitation that has tarnished Shein’s image with some shoppers.

Questions:

  1. How does Shein’s “small batch” production strategy differ from other clothing companies? 
  2. How has Shein tried to recover its reputation with U.S. consumers? Do Continue reading
Continue reading...

November 8, 2023

If you’ve taken an over-the-counter (OTC) nasal decongestant recently, you may have been upset to discover that it did not do much to relieve your clogged sinuses. In fact, recent studies by the Food and Drug Administration (FDA) show that most OTC decongestants work no better than a placebo. This video explains in detail how store shelves became filled with useless cold medicine, and ways that the FDA are working to make things right.

Questions:

  1. Why do most OTC decongestants Continue reading
Continue reading...

November 1, 2023

For six weeks, members of the United Auto Workers have been on strike against General Motors, Ford, and Stellantis, parent company of the car brands Chrysler, Jeep, and Ram. Demanding significant wage increases and improved job security, the union employed a bold strategy of slowly expanding its labor action to more plants as time progressed. After starting at three factories owned by each of Detroit’s Big Three automakers, the UAW gradually added more locations to the strike, confounding management and Continue reading

Continue reading...

October 27, 2023

From counter service restaurants to furniture stores, Americans are prompted to leave a tip for nearly every purchase they make. Along with looking at the history of tipping in the U.S., this video explains “price partitioning” and how it influences the ways that consumers view prices, showing that tipping is likely here to stay despite being consistently unpopular. 

Questions:

  1. What is price partitioning, and how does it influence consumers’ views on prices? 
  2. Do you think businesses should phase Continue reading
Continue reading...