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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

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The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

3

The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
Retail

The guy who invented Keurig’s K-Cups doesn’t use K-Cups

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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March 2, 2015, 5:18 PM ET
Green Mountain Coffee Roasters Inc. Products Ahead Of Earns
Green Mountain Coffee Roasters Inc. single-serve coffee capsules are arranged for a photograph in New York, U.S., on Tuesday, Nov. 27, 2012. Green Mountain, based in Waterbury, Vermont, has been facing increasing competition from private-label capsules made by Kroger Co. and Safeway Inc. that fit into Keurig brewers. Photographer: Scott Eells/Bloomberg via Getty ImagesPhotograph by Scott Eells — Bloomberg/Getty Images

One in three of us have some kind of pod-based coffee brewer at home, The Atlantic reports, whether it’s a Keurig or similar machine. Not among the 33.3%? The guy who invented Keurig’s iconic K-Cups.

“I don’t have one. They’re kind of expensive to use,” K-Cup co-inventor John Sylvan told The Atlantic. “Plus it’s not like drip coffee is tough to make.” Sylvan came up with K-Cups alongside Peter Dragone, according to the Boston Globe.

Keurig Green Mountain is making plenty of money from K-Cups: They accounted for nearly 75% of the company’s net sales in the first quarter of 2015. Still, The Atlantic points out all those K-Cups come with an environmental baggage: The tiny plastic vessels are non-biodegradable and not recyclable despite consumer efforts pressuring the company to go green.

Several of Keurig’s K-cup patents expired back in 2012, opening the door for private companies to make their own coffee pods for Keurig machines at a lower cost than Keurig’s own offerings, a serious threat to the Keurig’s bottom line. Keurig has attempted to block other companies’ pods from working in its newer machines, but that move backfired as consumers found some of their favorite coffee brands were no longer compatible with their brewer.

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