Category Archives: Business

Ukraine War: Importance Of ‘155 Artillery Shells’

Insider Business (August 6, 2023) – The US has sent Ukraine millions of 155mm rounds since the war started, including cluster bombs. But there’s a global shortage of 155 shells, and some are afraid that the US is depleting its stockpile. We visited the Scranton Ammunition Plant to see how common shells are made.

Video timeline: 0:00 Intro 0:52 Why 155s are so important in Ukraine 2:40 How 155mm shells are made 4:20 History of 155mm shells 4:53 Other expensive weapons NATO has sent Ukraine 5:51 How America is sending cluster bombs during shortage

Culture: Artisan Olive Oil Soap In Tripoli, Lebanon

Insider Business (July 28, 2023) – Artisans have been producing traditional olive oil soap at Masbanat Awaida for over 140 years. A century ago, there were dozens of soap factories like this in Tripoli, Lebanon. Today, Masbanat Awaida is the only one remaining.

Food Insider: Why Grade A Maple Syrup Is So Valuable

Insider Business (July 22, 2023) – Once pierced, century-old maple trees drip sap referred to as liquid gold. It will take roughly 50 gallons of these drops to make one 1 gallon of 100% pure Grade A maple syrup.

Farms in the Hudson Valley, New York State, can sell that gallon for over $200, almost 29 times more than popular imitation syrup. Despite the price, Grade A maple syrup is incredibly sought-after. So much so that C$18 million worth of it was stolen in one of the largest heists in Canadian history.

But why is Grade A maple syrup worth so much? And why is it so expensive?

Louisiana View: History Of The Tabasco Sauce Brand

Insider Business (July 9, 2023) – The McIlhenny Company has made Tabasco sauce using the same recipe since 1868: red peppers, vinegar, and salt. Since the hot sauce is aged in bourbon barrels, it takes five years to fill just one bottle.

And most of this process still happens where it all began: Avery Island, Louisiana. Six generations of McIlhennys have lived on the island. But with disappearing marshes and more intense storms along the coast, the family is fighting to protect their, and the hot sauce’s, home.

Harvard Business Review – July/August 2023 Issue

Harvard Business Review (June 12, 2023) – Gen AI and the New Age of Human Creativity: How revolutionary technology can enhance, rather than replace, our powers of imagination.

How Generative AI Can Augment Human Creativity

Use it to promote divergent thinking. 

There is tremendous apprehension about the potential of generative AI—technologies that can create new content such as audio, text, images, and video—to replace people in many jobs. But one of the biggest opportunities generative AI offers to businesses and governments is to augment human creativity and overcome the challenges of democratizing innovation.

The TV You Watch When You’re Young Can Make You More Entrepreneurial

Having studied TV signals in East Germany from the 1960s to 1989 and rates of entrepreneurship there after German reunification, the researchers found that people in households with access to West German broadcasts were more likely than other East Germans to launch companies later in life.

Business Analysis: Electric Vehicle Conversions Rise

CNBC (June 10, 2023) – Interest in electric vehicles is at an all time high, with sales of new EVs up 55 percent in 2022 compared to the year prior. But there are still a lot of gas cars on the road today and there will be for a long time. EV conversions are becoming a bigger trend that could help.

Chapters: 00:00 — Introduction 02:40 — EV conversions 04:12 — Conversion shops 06:45 — DIY community 11:16 — Challenges

Both the shops and aftermarket community are growing substantially to meet the new demand. CNBC explores what it takes to convert a gas-powered car to an electric vehicle and whether it could go mainstream.

Tech: Inside Samsung’s Growing Chip Business

CNBC (June 8, 2023) – Samsung may be known for android phones, TVs and appliances, but it’s also been the undisputed leader in memory for more than three decades. Now, as memory prices continue to fall, it’s doubling down on manufacturing chips for outside customers, with a $17 billion new chip fab in Texas and new $228 billion cluster in South Korea.

Chapters: 00:00 – Introduction 02:31 — From fish to microchips 06:10 — Making more chips in the U.S. 11:17 — Concerns and controversy 14:40 — Ambitious road map ahead

CNBC got a rare look inside Samsung’s chip business to bring you the untold story of how it became the world’s second biggest advanced chipmaker, just as it makes plans to catch the industry leader TSMC.

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.