BUSINESS & ECONOMICS EDITOR'S PICK The Real Cost Of Billionaire Philanthropy Key Takeaway: Alice Walton, a Walmart heiress, has a $1.5 billion philanthropic footprint, including a $390 million donation in 2023 to support the Alice L Walton School of Medicine. However, her philanthropic efforts raise questions about the societal costs of billionaire giving and the genuineness of her contributions. The broader social and economic costs of […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK Is Free Trade A Myth? Key Takeaway: US President Joe Biden has raised tariffs on Chinese-made goods, claiming the Chinese government has cheated by pouring money into Chinese companies. The tariffs are 25% on steel and aluminium, 50% on semiconductors and solar panels, and 100% on electric vehicles. Under Biden’s presidency, the US has embarked on an ambitious strategy to […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE What Is A Bear Market? Key Takeaways: A 16th-century proverb advises: “It’s unwise to sell a bear’s skin before catching it.” It follows that a market in which securities or commodities are persistently declining in value is known as a “bear market,” like the one U.S. stocks are experiencing now. But when there are big swings in the stock market, […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE Understanding SPACS: Bubbles Of Uncertainty SPAC named as Special Purpose Acquisition Companies was developed to avoid the old lengthy and costly way of moving with a traditional IPO process. But now it is getting misused to bring up incompetent companies to go public which do not have the necessary requirements to become public under any circumstances. The goal is to […] Saving Bookmark this article Bookmarked
ENTREPRENEURSHIP Walmart raises starting hourly wage to $12 in 500 stores, as part of a test Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Saving Bookmark this article Bookmarked
The Chinese Tech Companies Reshaping Global Markets Key Takeaway: China’s emerging tech firms are transforming the global market by prioritizing rapid innovation, cost efficiency, and adaptability. DeepSeek, a Chinese AI firm, has challenged the dominance of US tech giants, demonstrating that China is no longer just the world’s factory but becoming the world’s innovation hub. DJI Innovations, a drone company, has revolutionized […] Written by Empirics Asia March 13, 2025March 13, 2025 Saving Bookmark this article Bookmarked
The Business Of War Key Takeaway: Multinational corporations are increasingly taking sides in times of geopolitical conflict, often aligning their actions with their home countries or responding to public pressure. This trend, known as “partisan behavior,” comes with significant risks, both financially and reputationally. Companies that take a stand risk alienating customers and investors, while those that remain neutral […] Written by Empirics Asia March 12, 2025March 13, 2025 Saving Bookmark this article Bookmarked
The Hidden Dimensions Of Reality Key Takeaway: The universe may be far more complex than we initially think, with the possibility of a higher-dimensional structure that twists and folds in ways unseen. Mathematicians study all possible shapes and dimensions in geometric topology, revealing a universe that may be far from the simple, empty expanse we assume. Modern physics, particularly string […] Written by Empirics Asia March 3, 2025March 3, 2025 Saving Bookmark this article Bookmarked
Unravelling The Secrets Of Dinosaurs Key Takeaway: Scientists are decoding the mysteries of dinosaurs by examining their lives, movements, and interactions. Advances in technology are revealing new insights into their colors, patterns, and social structures. Electron microscopes have allowed scientists to reconstruct the coloration of certain feathered dinosaurs, revealing details about their appearance and behavior. CT scans are being used […] Written by Empirics Asia February 28, 2025February 28, 2025 Saving Bookmark this article Bookmarked
Collision Course: The Doomsday Asteroid Flying Towards Earth Key Takeaway: A new asteroid, 2024 YR4, was detected in Chile at the end of 2024, with a small yet notable chance of colliding with Earth in 2032. Initially, estimates suggested a 3.1% probability of impact, but as of February 2024, calculations by the European Space Agency’s Near Earth Object Centre have revised this down […] Written by Empirics Asia February 25, 2025February 25, 2025 Saving Bookmark this article Bookmarked
The Hidden Cost Of Cheap Furniture Key Takeaway: Fast furniture, which is mass-produced items designed for short-term use, is a growing environmental crisis. Millions of discarded pieces end up in landfills each year, contributing to a waste problem mirroring the fast fashion industry. To avoid fast furniture, consumers should identify it by noticing its price, materials, assembly methods, limited or unclear […] Written by Empirics Asia February 24, 2025February 24, 2025 Saving Bookmark this article Bookmarked
Is Democracy Really The Best System? Key Takeaway: Plato’s critique of democracy, particularly in his work “The Republic,” suggests that it is fundamentally flawed. Socrates, Plato’s mentor and teacher, argues that ruling a state is a skill, similar to piloting a ship or performing surgery. However, critics argue that this is not the case. Politics involves moral judgments, compromises, and social […] Written by Empirics Asia February 21, 2025February 21, 2025 Saving Bookmark this article Bookmarked
Rethinking Education Key Takeaways: The Industrial model of education that fueled the modern era and its dizzying reach did its job incredibly well. In his writing, Flynn illustrates study after study, spanning nations and decades, in which modern educational gift of abstraction — a transcendent sign of intelligence, as we saw in Raven’s Matrices — has been […] Written by Anthony Fieldman March 2, 2022October 19, 2022 Saving Bookmark this article Bookmarked
How China Is Transforming Its Economy Through Learning I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […] Written by Enrique Dans February 1, 2021February 1, 2021 Saving Bookmark this article Bookmarked
Why You’re Not Seeing Success With Influencer Marketing With the new year around the corner, now is a good time to re-evaluate your past marketing strategies and gear up for the year ahead. For some businesses, influencer marketing has simply not seemed to live up to its lofty promises of genuine engagement, credibility, and transparency. Some have claimed that it has been failing […] Written by Michael Tan January 14, 2021January 15, 2021 Saving Bookmark this article Bookmarked
A New Philosophy of Business I’m about to ask you to take a mental leap. For the next 8 minutes, suspend your notions of what a business is, and I’ll propose a new lens for you to look through. There are a lot of questions asked around what “community” means for business. “Where should community fit in my organization?” and […] Written by Empirics Asia September 5, 2018September 5, 2018 Saving Bookmark this article Bookmarked