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Apple is facing an uphill battle as it plans to shift its production out of China. Here’s why it’s difficult to replicate Foxconn’s ‘iPhone City’ in Zhengzhou and the company’s finely-tuned ecosystem in countries like India and Vietnam.
Boeing’s 747 is one the most recognizable planes to take to the skies with its iconic hump, four engines, extensive landing gear and sheer size. Since its first commercial flight in 1970, Boeing’s 747 jumbo jet has flown more than 3.5 billion passengers.
From India becoming the world’s most populous country, to an illegal drug that might be approved as a medicine, The Economist offers its annual look at the year ahead. - From the Economist
In recent years, the city’s railyards have seen severe bottlenecks as the supply chain choked up nationally. With $3 trillion in goods traveling through Chicago every year, the city is the busiest rail hub in the U.S.
As China reopens after nearly three years of isolation, the U.S. and several other countries will require travelers to show a negative Covid test.
E-bikes are becoming increasingly popular in the U.S. and are even outpacing the electric and hybrid car sales. However, they're also more dangerous than traditional bicycles.
What stories should you be following in 2023? From India becoming the world’s most populous country, to an illegal drug that might be approved as a medicine, The Economist offers its annual look at the year ahead.
With assets totaling over $3 trillion, Bank of America is the second-largest bank in the U.S. behind J.P. Morgan Chase. Shares of the company have seen astonishing gains of over 290% in the last decade.
When members of the Federal Reserve make public statements, investors tend to listen. Over the past 2 decades, central bankers have consistently shared key information about the future trajectory of important inputs like interest rates.
The United States now has a skilled trade labor shortage of around 650,000 people, but among them it’s carpenters who top the list. Where have they all gone? We break it down to three reasons.
Lego fans and collectors are buying and selling the plastic toys for profit, and seeing better average returns than for many other assets like stocks, gold and art. Here’s how Lego investing works, and why this lesser known market punches above its weight
In 2021, a total of 1,093 motor vehicle recalls were submitted in the United States, according to the National Highway Traffic Safety Administration. That’s up 23% in just one year.
The tech sector has cut about 50,000 jobs in November. The recent headlines about tech layoffs don't seem to match broader economic indicators, which show a strong job market and a historically low unemployment rate.
Inflation in the United States hit a record high in June 2022. Consumer prices soared by 9.1% compared to a year prior - the largest annual increase since 1981. While wages are rising, they’re not keeping up with inflation.
The idea of a four-day or shorter workweek is gaining momentum worldwide — a big thanks to the remote work boom during the Covid-19 pandemic.
There’s a reason people refer to corn as yellow gold. In 2021, the United States’ corn crop was worth over $86 billion. According to the USDA, The U.S. is largest consumer, producer and exporter of corn in the world
U.S. gas prices have been up and down throughout the year and now more uncertainty is on the horizon as a European Union embargo on Russian oil imports kicks in along with a price cap on crude out of Russia. WSJ explains how these moves could impact price
The brainiacs at Adidas are coming up with all sorts of ways to improve ball design every time the FIFA World Cup comes around. In search of a truly perfect soccer ball, there’s another, entirely different reason we keep seeing a new ball every 4 years.
Undersea cables have been connecting the communication of the world since the Victorian era. Even today, submarine cables transmit 99% of the internet. But the world of undersea cables is vulnerable–so why do we still use them?
Call them what you want — lifestyle centers, suburban town centers, insta-cities. Found in suburban neighborhoods around our major cities, these compact outdoor malls are everywhere. But… why do they exist?
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“Live as if you were to die tomorrow. Learn as if you were to live forever.” – Mahatma Gandhi
Continuing our global journey to learn something new, our next stop is the Taj Mahal in India. This UNESCO World Heritage building was actually a mausoleum commissioned in 1632 by Mughal emperor Shah Jahan to house the remains of his late wife Mumtaz Mahal.
Indian, Persian, and Islamic architecture influenced the construction. Its white marble façade, which seems to change color according to the time of day, is a masterpiece symbol of love.
Constructions took 20 years and involved 20,000 workers, and the mausoleum houses both the emperor and his wife. 1000 elephants were used to haul the construction material to Agra, where it is located.
Inside the Taj Mahal, you will find beautiful flowers such as tulips, lilies, irises, poppies, and narcissus inlaid into the walls with 28 different types of precious and colorful stones. The cost of this perfectly symmetrical building in today’s dollars would be $1 billion.
Of all my travels around the world, this visit to the Taj carries special memories. After important customer meetings in New Delhi with retailers, the local team organized a trip to this unique location. The visit coincided with my birthday, and the hotel recognized this as I was checking out. While I was getting into the private transportation to visit the Taj Mahal, two hotel employees rushed out and handed me a dozen roses and a bottle of champagne. Every year for a long time, this same hotel also sent me birthday wishes. I wish I had kept the hotel’s name as I would mention them in this article.
Life is a great adventure if you do indeed live like you are dying tomorrow and learn something new continuously as if you were going to live forever. It’s one small beautiful world of potential ideas to explore to their next level starting now.
Private Equity Outlook in 2023: Anatomy of a Slowdown
Private equity managed to post its second-best year ever in 2022, riding a wave of momentum coming off the industry’s record-breaking performance in 2021. But spiking interest rates caused a sharp decline in deals, exits, and fund-raising during the year’s second half, almost certainly signaling a turn in the cycle. - From Bain & Company Read more
The World's Happiest Countries
Are wealth and prosperity legitimate measures of happiness? How about safety and health outcomes? In the West, we view democracy as a key component to happiness, yet there are countries under authoritarian rule that score high in the Happiness Index. Questions like these make “ranking happiness” a particularly challenging puzzle, but also one worth pursuing. - From Visual Capitalist
Why China's population is shrinking -Vox
For the first time in six decades, China’s population is shrinking, and it’s predicted it could create a demographic crisis. That’s because China isn’t just shrinking, it’s also aging. Read more
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