It’s been a busy week. From the Volkswagen debacle to fake Apple stores popping up in China, here are 5 important news stories from the past week that you should definitely be caught up on.
1. The Volkswagen Scandal
If for some reason you haven’t heard about the huge VW crisis, boy are you in for a shock. VW was recently accused of cheating the diesel emission tests for U.S regulations. After the scandal broke out the company admitted to the sever allegations and a domino effect starting with loss of company bond value was initiated. The latest affair in this chain of events is the resigning of VW’s CEO, Martin Winterkorn, which left VW with a big executive void. Other than the obvious financial, and maybe even criminal damages caused to the VW brand, the toughest impact would be the damage to its reputation; Who knows if VW can ever recover from lying to its customers.
2. Hoverboards Takeover
Back to the Future fans are waiting for the arrival of Marty McFly! Like Robert Zemeckis, creator of the Back to the Future trilogy, foresaw, in 2015 a revolutionary invention is coming our way: The hoverboard. Recently, the known retail store Wal-Mart, had announced that it would soon be selling the hoverboard online. This is expected to happen right before the holidays, so you can buy your loved ones an extra cool gift for Christmas.
3. Pirelli Calendar 2016 Goes a Different Route
The publishing of the Pirelli calendar is one of the most anticipated artistic events of the year. With both greatly esteemed photographers shooting it and top models decorating its pages, Pirelli calendar holds a reputation for constant artistic nudity. However, this year’s issue is going to be unlike any other. Renowned photographer Annie Leibovitz is the one holding the camera, and her unique artistic fingerprint is bound to give an exclusive experience to the spectator. The idea behind this year’s calendar is to celebrate powerful and accomplished women by shooting intimate portraits. The participants are leaders in their fields and inclide Amy Schumer, Serena Williams and others.
4. Fake Apple Stores in China
Apparently, the people of China are obsessed with Apple merchandise. In the city of Shenzhen, Apple holds one retail store and five authorized resellers, but the Chinese obsession gave birth to several knock-off “Apple stores.” These fake stores give their customers the same “Apple experience,” they are designed according to the original Apple store with the different products on display, and the employees even wear the same Apple store uniform. This phenomenon occurs due to the lax enforcement of copyrights in China and the fact that owning an Apple device is considered a “status symbol.”
5. Chipotle Sued Once Again
After recently being sued for false advertising the use of GMO in their food, the Mexican food chain is facing another lawsuit for violating the Fair Credit Reporting Act in their application documents. According to the lawsuit it is unclear that by signing, the applicant also gives their consent for a background check. Someone is definitely on the grill!
