Tag Archives: Analysis

Candy Business: ‘How Wrigley’s Dominated Chewing Gum’ (Video)

Gum lines the pockets of most Americans and has been a staple in American culture for centuries. For some, gum is all about flavor, and for others, it’s about fear of bad breath, curbing hunger, or alleviating anxiety. For nearly 130 years, the brand Wrigley’s has become synonymous with chewing gum.

Since its start, the gum maker has dominated the chewing gum market, spawning brands from Juicy Fruit to Orbit to 5 Gum. But it hasn’t always been smooth sailing for the William Wriglely Jr. Co.; over its storied past, the brand has faced turbulent years. Since the early 2000s, the chewing gum market has seen a decline in public sentiment, which hurt significant players. In 2006, the company ended its long-standing tradition of being a family run business with William Wrigley Jr. stepping down as CEO.

By 2008, Wrigley’s faced increasing global competition and was acquired by Mars along with Warren Buffett’s Berkshire Hathaway. According to Euromonitor International, the gum industry’s market value hit $18.6 billion in 2020. Since 2015, Mars Wrigley has held 25% of the global brand share for chewing gum and a 40% portion in the U.S. The Covid-19 pandemic since it began in March 2020 has negatively impacted gum’s most prominent players and could negatively affect Mars Wrigley gum brands’ future.

Technology: ‘How Covid Is Boosting Innovation’

Covid-19 has accelerated the adoption of technologies and pushed the world faster into the future. As businesses and organisations look towards the post-pandemic era, what lessons can be learned about innovation?

Read more here: https://econ.st/3t6T7yM

Chapters 00:00​ – How has covid-19 boosted innovation? 01:20​ – Drone deliveries 04:20​ – How crises lead to innovation 06:47​ – How restaurants have innovated 09:29​ – Inequality between companies 10:48​ – Some start-ups have thrived 12:57​ – Working from home 14:15​ – E-learning: benefits and challenges

Analysis: ‘Why Tire Prices Are Rising’ (CNBC Video)

Along with the pandemic, big tire brands are facing unique challenges. While trends have increasingly shifted online due to Covid, the tire market has been more hesitant to growing its e-commerce presence. Trade tariffs and the growing popularity of SUV’s and electric vehicles are also driving up the price of tires, posing an issue with attracting focus-savings consumers. Existing in a competitive market, many of the world’s biggest tire brands are focused on standing out to customers.

Analysis: ‘NFT’s And The Digital Art Boom’ (Video)

Non-fungible tokens, or NFTs, have exploded onto the digital art scene this past year. Proponents say they are a way to make digital assets scarce, and therefore more valuable. WSJ explains how they work, and why skeptics question whether they’re built to last. Photo Illustration: Jacob Reynolds/WSJ

A non-fungible token is a special type of cryptographic token which represents something unique. NFTs are called non-fungible because they are not mutually interchangeable, since they contain unique information, although it is possible to mint any number of NFTs representing the same object.

Analysis: ‘The Rise Of Wind Power In The U.S.’ (Video)

In the past decade, wind power capacity has tripled, and it’s projected to double in the decades to come. Wind is now America’s top renewable source of electricity generation, and the domestic offshore industry is finally taking off, as major manufacturers debut ever larger and more powerful turbines. While the industry faces some challenges with permitting, public opposition from various interest groups, and the obvious intermittency issues, there’s no doubt that wind is poised to play a major role in the energy transition. The question is just how fast it will grow.

Analysis: ‘What Is The Paris Club Of 22 Countries?’

The Paris Club, comprising 22 wealthy countries, provides a platform for governments facing financial difficulties to reduce and renegotiate their debt repayments. Formed in 1956, it has signed more than 400 agreements to date, worth more than half a trillion dollars to about 100 countries. As public debt soars in the wake of the pandemic, CNBC’s Timothyna Duncan breaks down how this exclusive club functions and the challenges it faces to stay relevant.

Future Of Travel: How ‘Health Passports’ Work

Health passports were something we had barely heard of a year ago, but now, everyone is talking about them. Some form of passport or proof of health status is likely to be a lasting legacy of Covid-19. But what are they, how do they work, and how will they affect the way we travel?

Morning News Podcast: Covid Relief Bill Analysis & Citizen Unrest In Senegal

Thanks to a parliamentary contortion called reconciliation, the $1.9trn covid-relief plan is likely to sail through—we examine what is in it and what its passage portends for lawmaking in the Biden era. 

Unrest is unusual in Senegal, but citizens are out in force; we ask about the roots of the protest mood. And what ever happened to bespoke ringtones?

Analysis: What Is Known About Iran’s Nuclear Sites

While Iran says it isn’t trying to build nuclear weapons, a look at its key facilities suggests it could develop the technology to make them. WSJ breaks down Tehran’s capabilities as it hits new milestones in uranium enrichment and limits access to inspectors. Photo illustration: George Downs