March 25, 2025

Nursing has always been a challenging career, but the COVID-19 pandemic brought unprecedented levels of stress, fatigue, and burnout. More than 100,000 nurses left the workforce during the pandemic — the biggest staffing drop in 40 years. The shortage will only worsen as the U.S. population ages and experienced nurses start to retire. Government estimates show that there will be more than 190,000 new openings for nurses every year through 2032. As hospitals look for a solution to chronic understaffing, Continue reading

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March 12, 2025

Air travel is one of the most volatile industries in the global economy, and airlines routinely lay off hundreds of employees at once to balance budgets after major upheavals. One exception to this rule has long been Southwest Airlines. The Dallas-based carrier hasn’t laid off any staffers in its more than five-decade history. Even after the 9/11 terrorist attacks when revenue dried up and other airlines initiated mass layoffs, Southwest avoided forced job cuts thanks to employees who donated part Continue reading

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February 18, 2025

When the pandemic required nearly everyone to stay at home in 2020, the business world seemed to embrace remote work as a potential savior of productivity. Tech companies were especially quick to implement tools like videoconferencing and cloud computing that let employees work from anywhere. But all that’s changing as more companies start to require staffers to either spend more time in the office or else find a new job. The return-to-office trend sets up a potential culture clash with Continue reading

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February 4, 2025

Costco, the warehouse club famous for bulk items and cheap hot dogs, is trying to avoid what would be its first-ever employee strike. The Costco Teamsters union, which represents 18,000 workers, threatened to stop working after January 31 unless the company raised wages and benefits to reflect inflation. With only a few hours left before the strike was scheduled to start at 56 stores across six states, Costco reached a tentative agreement with the union over the weekend. Now it’s Continue reading

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January 17, 2025

For weeks, the Los Angeles area has been battling enormous fires that have caused billions of dollars in damage while thousands of residents evacuate. Along with a large force of professional firefighters, California prison laborers are also taking on the blazes for a chance to shave some time off their sentences. They also receive some compensation, often just a couple dollars an hour. This short video shows incarcerated individuals at work actively fighting fires as well as performing routine maintenance Continue reading

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November 21, 2024

Although consumers have had to contend with high food prices throughout 2024, families across the country will at least pay less for Thanksgiving dinner next week than they did last year. According to the American Farm Bureau Federation, the average cost of Thanksgiving for 10 people will amount to $58.08, or about $5.80 per person. That marks a 5 percent drop from 2023. The decreased cost is good news for families who have faced high food prices over the last Continue reading

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November 15, 2024

When workers at Boeing went on strike in September, it was just one of many serious problems the company faced in 2024. Starting in January, a door plug tore off of one of its planes at 16,000 feet, leaving a massive hole and causing an emergency landing. As a result, Boeing pled guilty to criminal fraud charges and must allow federal monitors to oversee future plane construction. At the same time, airlines around the world are impatiently waiting for Continue reading

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October 24, 2024

Walgreens and CVS stores are common sights on American street corners, but in the coming years there will be significantly fewer of them around. The video below takes a detailed look at the recent struggles faced by U.S. pharmacy chains as they plan to shut down thousands of locations nationwide. 

Questions:

  1. Why are Walgreens and CVS closing thousands of stores over the coming years? What are some factors that have contributed to their problems?
  2. How can entrepreneurs help prevent “pharmacy deserts”?
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October 11, 2024

Over the last few months, companies around the globe kept a close eye on American ports as a key union agreement neared its expiration date. The International Longshoremen’s Association, a union representing 50,000 members, demanded wage increases that met resistance from management. Unable to reach an agreement, the union went on strike at the beginning of last week. 

But not for long. Just three days after longshoremen at East and Gulf Coast ports walked out on their jobs, employers represented Continue reading

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September 12, 2024

Although wine corks might seem like simple items, the video below shows why they’re anything but. Along with examining the production and manufacturing processes around cork, this lengthy video also explains how one company uses it to produce everything from flooring to footwear.

Questions:

  1. What are cork companies like Amorim doing to address the shortage of skilled laborers needed for bark harvesting? 
  2. How did Amorim diversify its operations after a fungi infection nearly destroyed its cork stopper business?
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