Yearly Archives: 2013
  • Apple pie meets the machine (Fortune, 1930)

    Editor's note: Every Sunday Fortune publishes a favorite story from its magazine archives. With Thanksgiving just a few days away, pie season is in full swing. To celebrate, this week we turn to a March 1930 story about what was then the newly automated production of the apple pie—a treat that was the "staple" of the time and represented a $25 million industry.

    The production of our time's staple

    ON a buttress of white tile MORE

    - Nov 24, 2013 9:00 AM ET
  • What does Ambassador Locke's resignation say about pollution in China?

    How the smog over Beijing is dampening China's appeal to Westerners.

    By Scott Cendrowski, writer

    FORTUNE -- As Beijing creeps closer to the notoriously noxious winter season for air pollution, Westerners here are tracking executives' moves from the city and asking whether pollution is the culprit. U.S. Ambassador to China Gary Locke's surprise resignation from his post in Beijing is the latest fodder.

    The official line is that Locke is returning to MORE

    Nov 22, 2013 12:20 PM ET
  • Big business and the art of lying

    A provocative new book argues that prevarication is poisoning our society. And as J.P. Morgan's recent $13 billion settlement shows, a less-than-transparent approach can end up being costly.

    By David Whitford, editor-at-large

    FORTUNE -- On the day that J.P. Morgan Chase (JPM) announced it had agreed to a record $13 billion settlement with the U.S. Justice Department, the bank held an afternoon conference call with analysts.

    You can listen to the whole MORE

    Nov 22, 2013 10:24 AM ET
  • The Southwest Airlines of the gym business

    With its low prices and just-the-basics approach, Planet Fitness is muscling out the competition and growing fast.

    By Beth Kowitt, writer

    FORTUNE -- Sometimes the fastest path to growth is to keep it simple.

    Case in point: Planet Fitness, the fastest-growing "full-size" health club chain in the U.S., which opened its 700th location last week. For just $10 per month, its members get a no-frills experience that CEO Chris Rondeau says makes his company the MORE

    Nov 21, 2013 9:21 AM ET
  • Tobacco trade around the world

    The U.S. imports far more tobacco than it exports and leads the world in the manufacture and distribution of cigarettes. Where does the leaf go?

    By Nicolas Rapp and Ryan Bradley

    FORTUNE -- Each year about 2 million people collect, dry, and package tobacco -- some 8 million tons, grown on 16,275 square miles of land -- to make 5 trillion cigarettes. Tobacco is no longer the largest cash crop MORE

    Nov 21, 2013 7:28 AM ET
  • New Obamacare confusion: Can you keep your policy? Maybe.

    President Obama now wants to let consumers keep their canceled health plans. Easier said than done.

    By Jen Wieczner, writer-reporter

    FORTUNE -- Last week, President Barack Obama said he would allow insurers to extend for another year health insurance plans that they canceled because the policies don't meet Affordable Care Act standards. The President's about-face, announced as he apologized for the "fumbled" rollout of the law, echoed his early health reform promise MORE

    Nov 20, 2013 11:48 AM ET
  • What Obama's crashing poll numbers really mean

    For five years, the American people have given the President the benefit of the doubt on the economy. But the bungled launch of Obamacare has burst the goodwill bubble. He may not get a do-over.

    By Tory Newmyer, writer

    FORTUNE -- Of course it would be ridiculous to compare a hurricane that wrought horrendous loss of life and destruction with the botched rollout of a law that aims to extend health coverage MORE

    Nov 20, 2013 5:00 AM ET
  • A case for recovery and rebuilding the Philippines

    Giving now can help later.

    By Lori Bertman

    There is a Toby Keith song with the lyrics, "I wish I didn't know now what I didn't know then." With each catastrophic disaster, I am reminded of this song. I was an emergency responder following Hurricane Katrina in 2005, and continue to work towards the Gulf's recovery. It is predicted that the books will not be closed on that storm until 2026. Back MORE

    Nov 18, 2013 10:51 AM ET
  • Offering equal pay to college athletes won't work

    The landmark lawsuit O'Bannon v. NCAA rests on the argument that sports stars deserve to be paid beyond mere scholarships. But the plaintiff's suggestion for how to do that doesn't make sense.

    By Daniel Roberts, writer-reporter

    FORTUNE -- A baton has been passed in the lawsuit that experts are calling the most significant in the history of college sports.

    Former UCLA basketball star Ed O'Bannon first filed his antitrust suit in July 2009, MORE

    Nov 18, 2013 8:47 AM ET
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