Category Archives: Business

Profiles: Tiffany & Co. NYC Landmark Jewelry Store

CBS Sunday Morning (May 21, 2023) – Tiffany & Co.’s flagship headquarters in New York recently reopened after undergoing a nearly four-year renovation. Correspondent Kelefa Sanneh tours a showcase that is one of the jewels of Manhattan.

#Tiffanys #NewYorkCity #LVMHMoetHennessey

Fast Food: What’s Behind The Success Of Chick-Fil-A

Wall Street Journal (May 20, 2023) – What are some of the strategies of the most successful businesses around the world? From ChicK-Fil-A and Starbucks, to Ikea and Target, WSJ talked to CEOs and business leaders about their unique approach leading these major brands.

#WSJ #ChickFilA #CostCo

Japan Culture: How Five Ancient Crafts Survived

Insider Business (May 19, 2023) – These Japanese crafts are among the oldest in the world. But most of them are disappearing. In this video, we will tell you the stories of five artisans who are among the last to keep their ancient methods alive.

Video timeline: 00:36 Soy Sauce 08:16 Wagashi 19:27 Mochi 27:12 Bonsai Scissors 37:45 Black Vinegar

We saw how soy sauce is aged in century-old wooden barrels, how vinegar is fermented using an ancient method, and how sweets that only aristocrats and emperors could eat 400 years ago are prepared today.

TV: Inside The Hollywood Film And TV Writer’s Strike

Wall Street Journal (May 15, 2023) – The Hollywood writers’ strike has more than 11,000 movie and television writers in the Writers Guild of America on strike for the first time in 15 years.

Video timeline: 0:00 Writers’ strike has brought productions to a halt 0:50 How streaming has transformed the industry 4:20 The 2007-2008 writers’ strike 4:59 The writers’ demands 7:13 The strike’s impact on the entertainment industry

WSJ sat down for exclusive interviews with the showrunners of “Abbott Elementary” and “The Handmaid’s Tale” to understand the key sticking points that led to the writers’ strike and what’s next for the entertainment industry.

Africa: The Potentials Of Nigeria Cassava Farming

Insider Business (May 7, 2023) – Nigeria grows 63 million metric tons of cassava (also known as yucca) every year, but most of the country’s supply is eaten locally as fufu or garri. Experts say Nigeria could be missing out on billions in exports of lucrative cassava products like bubble tea pearls, starch, or ethanol.

Video timeline: 0:00 Intro 1:48 History of cassava 2:58 Growing issues 5:42: How garri and fufu are made 6:54 Transportation issues 7:36 How cassava is processed 10:06 Global demand is so high for cassava

Challenges along the country’s entire supply chain have caused hundreds of millions of dollars in cassava spoilage. But one entrepreneur, Yemisi Iranloye, thinks she has the solution. She’s introduced higher-yielding seed varieties and moved processing plants closer to farms.

Now, her farmers earn four times more for their product, and her cassava starch and sorbitol have landed her clients like Nestle and Unilever. Could Yemisi’s model be the way for Nigeria to feed itself and cash in on exports?

Profiles: ‘Two Lochs’ – UK’s Smallest Radio Station In The Scottish Highlands

Monocle Films (May 4, 2023) – Located in the north-western corner of the Scottish Highlands, Gairloch is a coastal village of about 700 people that known for its mountains, sea loch and rugged landscape.

Monocle paid a visit to Two Lochs, reportedly Britain’s smallest commercial radio station, which is nestled on Gairloch’s shores, run by a handful of volunteers and has built a loyal fan-base of global listeners.

Airline Travel: Legacy Vs Low-Cost Carriers (WSJ)

Wall Street Journal (May 3, 2023) – United Airlines flies 988 routes globally with around 30,000 departures every week. How do airlines choose where to fly when they have so many flights every week?

Video timeline: 0:00 Meet Patrick Quayle, a global network planning executive 0:27 The hub-and-spoke network structure 2:50 The linear route system, point-to-point 4:45 When to update route networks

It turns out legacy airlines like American and Delta and low-cost airlines like Southwest and Spirit use different models when planning their route networks. WSJ asked United’s global network planning expert to explain how airlines plan and manage their routes.

Opinion: Israel At 75, Is Keir Starmer Ready To Lead UK?, ChatGPT ‘Language’ Issues

The Economist ‘Editor’s Picks’ Podcast (May 1, 2023) A selection of three essential articles read aloud from the latest issue of The Economist. This week, Israel: the survivor nation at 75, is Sir Keir Starmer ready to govern Britain? (10:25) And why ChatGPT raises questions about how humans acquire language (19:05). 

Reviews: “A New Way Of Thinking About Aging”

“People 50 and older hold the vast majority of wealth in the country, but we’re producing products and services for people who don’t have nearly as much money to spend…”

by Alexander Gelfand

April 27, 2023: Thanks to advances in medicine and public health, people are living longer, healthier lives. The world’s population of people 60 and older is growing five times faster than the population as a whole. Global life expectancy has doubled since 1900, and experts say that children born in developed countries now have a good chance of living to 100.

A “silver tsunami” is already sweeping the U.S. labor force: the Bureau of Labor Statistics projects that 36% of people ages 65–69 will remain on the job in 2024 — up significantly from the 22% who were working in 1994.

These longer-lived, longer-working individuals generate an ever-bigger slice of global GDP and control an expanding tranche of global wealth. In her recent book Stage (Not Age)Golden estimates that the “longevity economy” is worth more than $22 trillion — $8.3 trillion in the United States alone.

That may be a conservative figure: AARP (the organization formerly known as the American Association of Retired Persons) estimates that people over 50 already account for half of consumer spending worldwide, or $35 trillion. (This range of figures may have to do with how “older adult” is defined: The term is variously used to refer to people over the ages of 65, 60, or — sorry, Gen Xers — 50.)

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Business: How ‘Junk Fees’ Invaded The U.S. Economy

CNBC (April 25, 2023) – Americans are collectively spending nearly $65 billion on sneaky fees, according to the White House. “It really seems like companies have become addicted to junk fees,” Lina Khan, chair of the Federal Trade Commission, told CNBC.

Junk fees are making companies billions of dollars richer. Watch the video above to learn more about where junk fees hide, details of proposed changes, where policy may fall short and whether increased regulatory oversight may be enough to squash junk fees once and for all. Chapters: 0:00 Introduction 1:26 Defining ‘junk’ fees 5:34 Squashing fees 7:52 Policy problems 10:02 The future of fees