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 17, 2024

In the 1980s, record companies started releasing music on compact discs after a century of producing vinyl albums. Driven by new digital technology, the music business soon exploded into a billion dollar industry. But with big budgets came big fights over profits between record companies and recording artists. For example, the R&B group TLC blamed an unfair contract with their record label when they filed for bankruptcy in the 1990s despite selling 65 million records. Musical innovator Prince temporarily changed Continue reading

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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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August 27, 2024

Just like movie studios, video game makers need actors and animators to bring their creations to life. While voice actors perform sound effects and dialogue, motion capture actors wear special suits with markers to record movements like walking, running, climbing, and fighting. Animators then link those sounds and images together to create an immersive and engaging environment for the player. 

But all that’s starting to change with AI, which can use actors’ previous performances as digital reference points to generate Continue reading

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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
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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

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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
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October 13, 2023

From Hollywood screenwriters to American autoworkers, the last few months have seen a huge increase in union activity. Not least among these labor actions was a strike held last week by the Coalition of Kaiser Permanente Unions, which represents 40 percent of the healthcare giant’s non-physician workforce. The unions’ 75,000 members went on strike for three days, which was how long the action was scheduled to run. But the coalition threatened to hold another strike for eight days next month Continue reading

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September 26, 2023

For 146 days, members of the Writers Guild of America (WGA) have picketed in front of Hollywood movie and television studios, demanding increased financial security and more control over their work. Talks mostly broke down as the months stretched on, until last week when the two parties met over five straight days and brokered a tentative deal. Although this agreement still needs to be written into a contract and ratified by the WGA’s more than 11,000 members, industry observers Continue reading

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