Although likely not enough to offset the rising cost of living, you may have noticed a few extra dollars in your savings account each month, as interest rate rises begin to trickle through to higher savings.Warren Buffett certainly has noticed: his sprawling conglomerate, Berkshire Hathway, is sitting on a cool $157 billion of cash and cash equivalents, the highest figure ever recorded by the c...

Dutch ‘water fashion’ brand Wallien has committed to sustainability by replacing all virgin petroleum-based materials in its products.Neoprene – used widely in waterwear – was invented in 1930 out of petroleum-based chemicals. However, an alternative made without petroleum products was actually developed in the 1960s. This uses calcium carbonate from limestone and has become common in most...

In the grand scheme of global design, it’s easy to take the basics for granted. Why bother redesigning a tissue box when we’ve got more pressing issues like solving the Climate Crisis, or going to Mars, right?! The case that needs to be made, however, is to look at the small problems with equal intensity as the larger ones. A problem ignored is a problem persisted, and with enough time, it re...

A wireless glove overcomes the clunk and bulk of haptic technology. In virtual reality there is much to be seen, but most of our other senses are left wanting. Ever since the concept gathered mainstream attention in the 1990s, it’s been primarily experienced through the eyes, inside a headset that transports the user into an all-encompassing digital realm. But what you see in a virtual reality...

Global demand for fish and shellfish is growing rapidly—and alternative proteins are well positioned to sustainably scale the industry.Billions of people rely on healthy oceans as a source of jobs and food, and demand for fish protein is only increasing. Projections show growth of 14 percent by 2030 versus 2020 levels, driven by growing markets in Asia, Europe, Latin America, and Oceania.1 Tha...

An oval-shaped track supports a series of vertical wings, which harvest wind energy to pull themselves around in a loop.It looks nothing like a typical "fan on a stick" wind turbine, but this oval track with evenly spaced wing blades could be an enormously disruptive addition to the renewable energy mix, since it slashes the cost of wind power to unprecedented lows.Wyoming's Airloom Energy has...

Ripcord, a startup developing robots that can automatically digitize paper records, is hoping to raise $20 million to $25 million in a new funding round that would value the company at $110 million pre-money.Alphabet’s GV, Lux Capital and MUFG are in talks to participate in the round. GV and Lux previously invested in Ripcord; MUFG, a Japanese bank chain, appears to be a new backer.We reached...

Less than three months after WeWork, the world’s leading provider of flexible office and coworking space, was forced to issue the dreaded “going concern” warning alongside its latest earnings report, the company has filed for Chapter 11 bankruptcy protection in the United States. On Monday, the company announced that it has begun a "comprehensive reorganization to strengthen its capital stru...

Despite concerns about China’s slowing growth, luxury brands are pulling out all the stops on Tmall to capture consumer spending. Each year, brands eye Singles’ Day in anticipation, hoping that the shopping bonanza will propel them to greater heights in the world’s second-largest economy. This year is not so different, with one million brands and merchants participating across Alibaba’s mar...