MBA Programs, Smartphones, Plastic, Bicycles, Beyond Meat

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WSJ: More universities shut down traditional MBA programs as popularity wanes

Applications to full-time MBA programs have been falling in the strong job market, leading business schools to shift resources online.

LAT: People spend more time on mobile devices than TV, firm says

"In the United States, adults will spend an average of 3 hours and 43 minutes each day on their smartphones, feature phones and tablets this year, eight more minutes than they’ll spend watching TV, according to a forecast released Wednesday by research firm eMarketer."

The backlash to plastic has oil companies worried: Bloomberg reports, the global crackdown on plastic trash threatens to take a big chunk out of demand growth just as oil companies like Saudi Aramco sink billions into plastic and chemicals assets. Royal Dutch Shell Plc, BP Plc, Total SA and Exxon Mobil Corp. are all ramping up investments in the sector.

WP: Fewer kids are riding and buying bicycles, and the industry is worried

"The number of children ages 6 to 17 who rode bicycles regularly — more than 25 times a year — decreased by more than a million from 2014 to 2018, according to the Sports & Fitness Industry Association. That includes both casual rides around the neighborhood and more serious cycling for fitness or competition."

Reuters: Beyond Meat's home in the meat aisle sparks food fight

Beyond Meat and its new meatless burger rivals are counting on going head to head with meat inside stores. They avoid terms such as vegan or vegetarian, and request stores do not place their products in the supermarket vegan aisle where non-meat eaters traditionally buy tofu, tempeh, and other plant-based alternatives.