Old news! Banks, Oil, Bonuses, Space, Porn

Ida Tarbell
 

Performance-based pay linked to employee mental-health problems, study shows by Lamar Pierce

“Basically, older workers seem to be driving all of this effect,” Pierce said. “One, it’s harder for them to move, so they have less labor mobility. And, two, they have less flexibility: learning new roles, adapting to change, they have more fully-formed preferences at this point…

 

The Problem for Small-Town Banks: People Want High-Tech Services by Rachel Louise Ensign and Coulter Jones

The 4,600 U.S. banks with $1 billion or less in assets—small community banks—today hold 6.6% of all bank assets combined. Three decades ago, around the time new laws spurred industry consolidation, they held 31.5%. Bank of America has spent $20 billion on new technology since 2012.

 

Taco Bell’s Tortillas Are Extreme Enough For NASA by Janaki Jitchotvisut

In the 1990s, the company introduced its own extended shelf life tortillas. The magic part: those Taco Bell tortillas can last up to an entire year with no bitterness or degradation. NASA recognized the solution to their tortilla problem, and started using those same tortillas for extended-duration missions—like those on the International Space Station.

 

Facebook & Instagram Outage by PornHub Insights

On March 13th, 2019 popular social media sites Facebook and Instagram experienced their biggest service outage ever. Beginning around 12pm Eastern Time, many users were unable to access the sites for up to 10 hours. Immediately after the outage began, Pornhub’s traffic surged by up to 11% at 1pm. The increase in early evening traffic was even more dramatic, reaching as much as 19% above average at 7pm, already one of Pornhub highest viewing periods. The next largest increase was “tentacle porn” by 308%, “wwe” by 274% and “game” by 236%.

 

The History of the Standard Oil Company

The History of the Standard Oil Company is a 1904 book by journalist Ida Tarbell. It is an exposé about the Standard Oil Company, run at the time by oil tycoon John D. Rockefeller, the richest figure in American history. Originally serialized in nineteen parts in McClure’s magazine, the book is a seminal example of muckraking, and inspired many other journalists to write about trusts, large businesses that (in the absence of strong antitrust laws in the 19th century) attempted to gain monopolies in various industries.

Written by: Nikola Tosic
Publishing date: 21 Mar 2019