đ Glad youâre here and not in a watery, coral-filled grave â but more on that in a moment. First, thereâs trouble on the docks, which is remarkably not the title of a Hardy Boys book.
đ§ On the pod:Why the âexpensive fast foodâ era will never end.
NEWS FLASH
đ˘ Hope you donât need anything from overseas: Thousands of American dockworkers went on strike yesterday, slowing down activity at dozens of US ports. The current offer on the table is far off from the longshoremen unionâs demands â a 77% raise for its ~45k members over six years. The immediate impacts wonât sour the mood for the average consumer yet, but if the walkout persists, a rippling supply chain crisis could boost prices and limit retail stock over the holidays.
đˇ Cue the jazz music and don your flapper dresses: UBS, one of the worldâs largest private banks, is also seemingly its most optimistic â the Swiss institutionâs head of asset allocation for the Americas published a note saying the US is currently (by the bankâs criteria at least) experiencing âa Roaring â20s economy.â Thatâs all very nice and good until you think about how the Roaring â20s ended.
đ§ Sonos wants you to know how very sorry it is: Following its disastrously buggy app release in May, Sonos CEO Patrick Spence revealed a plan to restore consumer trust, including new updates every two to four weeks, hiring a âquality ombudspersonâ to route concerns between employees and management, building a customer advisory board, and extending manufacturer warranties.
MORE NEWS TO KNOW
PepsiCo will acquire Mexican-inspired food company Siete Foods for $1.2B. Itâs the latest in a recent dealmaking boom in the packaged food biz, as high demand for snacks (understandably) continues.
Big day for paywalls: CNN is limiting free articles on CNN.com, requiring a $30 annual digital subscription for unlimited site access. Similarly, Thomson Reuters paywalled its content behind a $1 weekly subscription.
Impulse, a space startup led by former SpaceX rocket specialist Tom Mueller, raised $150m to build orbital transfer vehicles, AKA âspace tugs,â which would ferry satellites and rocket payloads around in space.
BUSINESS ON THE BRAIN?
An introduction to marketing psychology
Honestly, itâs all about feelings â since breaking them down behind the scenes is how you tell stories with stopping power.
This free ebook bundles up the basics of marketing psychology to explain some of the chief concepts that trigger people to purchase.
The art + science of persuasion:
Building a âfanocracyâ (like Microsoft and REI)
Understanding basic human needs
Using 14 principles of human behaviorâŚ
⌠like priming, anchoring, clustering, and other habit-based heuristics.
âBuried at seaâ typically refers to having your remains dispersed in the ocean, but Neptune Memorial Reef in Biscayne Bay, Florida, takes it a step further by adding cremated remains to a man-made reef.
The reef opened in 2007, and is ultimately expected to span 16 acres and accommodate 250k+ people, perClickOrlando.
⌠takes inspiration from the legend of Atlantis.
One can pay to have their ashes scattered in the area or purchase a âplacementâ â columns, arches, and sea life sculptures made from a mix of cement and cremated remains, adorned with metal plaques. Loved ones can watch this occur by attending a âmixing ceremony.â
At 40 feet deep, itâs accessible to divers, and the company claims many people have received scuba certification to visit loved ones laid to rest here.
Why build this?
Traditional cemeteries are unsustainable. They:
Take up a lot of space.
Can pollute groundwater and soil.
Increased flooding due to climate change can also submerge graves and, worse, cause coffins and caskets to wash away.
The death industry is increasingly offering more environmentally friendly and long-term solutions, like biodegradable coffins and urns made from fungi that help decompose bodies into compost for new life.
Man-made reefs are good for marine life â coral can grow on them and smaller creatures can use them to hide from predators.
BTW: Hereâs a fun fact to tell all your friends this Halloween.Many people refer to Neptune Memorial Reef as an underwater cemetery, but a site that houses only cremated remains is called a columbarium.
(Exo)skeletons in your closet? The Trends team delves into the $2.4B wearable robotics market â and the scary-big opportunities in it.
Weâre two days into October, which means youâll probably be two pumpkin beers in by the end of tonightâs happy hour. Pumpkin beer is, after all, a booming business.
NEWSWORTHY NUMBER
Average lifespan of a plastic bag before itâs discarded, per California Sen. Catherine Blakespear, author of Californiaâs new plastic bag ban. The state banned single-use plastic bags in 2014 in an attempt to curb waste, but found that it only increased as grocers began charging customers 10 cents for a thicker plastic bag that customers could reuse, but didnât â hence the bagsâ short lifespan. Worse, plastic bags are often difficult to recycle. So, starting Jan. 1, 2026, California shoppers must bring their own bag or pay at least 10 cents for a paper one.
AROUND THE WEB
đŹđł On this day: In 1958, Guinea, once a French colony, declared its independence and named Sekou Toure as its leader.
đ§ Thatâs interesting: Youâll never guess where the worldâs oldest cheese was found.
đš Thatâs cool: Learn how to play the songs on your Spotify playlist.
đ Game: Guess which historical event occurred first.