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At its peak, Forever 21 made $4.4 billion in revenue and was one of the fastest-growing fast fashion empires. Now, the retailer is preparing to file for bankruptcy after alienating its core customers and struggling to keep up with the rise of e-commerce. As one of the largest tenants of American malls, a large-scale shutdown
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Back in the 1990s, Portugal faced a heroin crisis. Most people knew someone affected by the lethal drug. Just two decades later, the country has one of the lowest drug-related death rates in the world. This dramatic turnaround isn’t credited to a hard-line approach, but instead by decriminalizing all drugs. Video by Tom Gibson ———-
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►Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Hedge funds make use of short-selling, leverage and discretion to magnify their gains, but as the FT’s senior investment columnist John Authers points out, their techniques involve huge risks and they reward themselves too handsomely. ► FT Wealth: http://bit.ly/1e3996C ► FT Global Economy: http://bit.ly/1J5mmqH ► Chinese Governments
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Emirates Flight Catering in Dubai makes all the snacks, main dishes and desserts served aboard the airline’s 200,000 flights each year. The facility runs 24-7, dishing out 110 million meals a year. Emirates’ 1,800 chefs from around the world create region-specific menus for each flight. A previous version of this video inaccurately identified lamb chops
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► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Aug 18, 2011: While not exactly pretty to look at, the spacious and functional Pilatus Porter airplane takes practicality and utility to a new level, says Rohit Jaggi. ► The World Of Transport: http://bit.ly/1JD6JHj ► FT Technology News: http://bit.ly/1LNlR4g ► Take a Test Flight in a
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What would happen if the president of the United States wanted to launch a nuclear weapon? Here are the steps the commander-in-chief would need to take. ———- Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 Bloomberg is the First Word in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and
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Downtown Detroit is seeing a revitalization of sorts sparked by Dan Gilbert’s $1 billion investment in the area. Since 2010, Gilbert’s investment has created an estimated 6,500 jobs in downtown, and, as a result, it’s nearly impossible to find a vacant apartment as residential occupancy rates reached as high as 99.4% for the downtown area.
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The disappointing valuation of WeWork and the poor performance of Uber and Slack on the stock market are raising concerns that the world’s largest tech investor could be in trouble. Mercedes Ruehl from the FT’s Tech Scroll Asia newsletter explains why. Read ‘SoftBank to ”double down” on WeWork investment’ with one free article: https://on.ft.com/33SUlkB. Take
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Singapore had a severe housing shortage decades ago. But it developed one of the world’s best public housing programs, which has also allowed a huge number of its citizens to buy their own homes. Video by Vicky Feng, Robin Fall and Christian Capestany, with assistance of Melissa Cheok
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Economists are terrified of how slow growth, low inflation and low interest rates could hit the economy. The FT’s US economics editor Brendan Greeley explains why. Read more at https://on.ft.com/2uXZV9o See if you get the FT for free as a student: http://ft.com/schoolsarefree or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132. ► Check out our Community tab for
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There are plenty of ways to make a mistake when drafting a résumé. Take advice from Amanda Augustine, career-advice expert for TopResume, in order to ensure that you’re representing yourself in a way that will impress recruiters. ————————————————– Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow BI Video On Facebook: http://on.fb.me/1bkB8qg Read more: http://www.businessinsider.com/ ————————————————– Business
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The Japanese Car Company is a corporate behemoth – but it’s done much more than just give us Corollas or Land Cruisers. It’s changed the way the world makes products. Here’s how. Video by Tom Gibson Bloomberg is the First Word in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and
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Astrophysicist Neil deGrasse Tyson saw ‘Interstellar’ and then came by Business Insider to explain what the ending means – and if it’s scientifically sound. Subscribe to BI: Science – https://www.youtube.com/channel/UC9uD-W5zQHQuAVT2GdcLCvg ————————————————– Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow BI Video On Facebook: http://on.fb.me/1bkB8qg Read more: http://www.businessinsider.com/ ————————————————– Business Insider is the fastest growing business news
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It was supposed to be one of the largest IPOs of the year, but WeWork was plunged into crisis after investors failed to buy into its valuation of $47bn or promises of ‘elevating the world’s consciousness’. FT property correspondent Judith Evans looks at where this now leaves investors ► Check out our Community tab for
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Jeff Bezos is the wealthiest person in the world, with a net worth of $156 Billion. He has five real estate investments and is one of the country’s largest land owners. Bezos liquidates $1 billion a year to fund his space exploration company, Blue Origin. —————————————————— #Amazon #JeffBezos #BusinessInsider Business Insider tells you all you
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Before and after satellite images and drone footage reveal empty city streets around the world, from China to Italy, the UK and the US. See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132 ► Check out our Community tab for more stories or to suggest videos.
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These handmade scissors have been produced in Sheffield, England, for over 100 years. But compared to a $2 mass-produced pair, the kitchen scissors will cost you over $100, and a pair of professional tailor’s shears cost $315. So just what is it that makes them so expensive? For more from Ernest Wright: https://www.ernestwright.co.uk/ MORE SO
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