Through all the turbulence of the past year, a source of enormous hope for the health of the planet has emerged: the automotive industry is shifting toward electric vehicles (EVs) even faster than we envisioned only a year ago.With steady support from governments and leading automakers in the face of the COVID-19 crisis, the global market share of electrified cars, SUVs, and other light vehicle...

The MiTek Modular Initiative, which has backing from Warren Buffett’s conglomerate, is betting big on modular construction—something few companies have been able to navigate successfully.For decades, architects and businesspeople have argued that the construction industry is ripe for industrialization. Taking the messy, slow, and costly process of building away from the job site and into a st...

Bitcoin had its latest price correction, pulling back more than 50% from its all-time highs. Elon Musk’s tweet announcing Tesla’s suspension of bitcoin purchases accelerated the price drop.Bitcoin’s Latest Crash: Not the First, Not the LastWhile bitcoin has been one of the world’s best performing assets over the past 10 years, the cryptocurrency has had its fair share of volatility and pric...

A styling game helped me rediscover my inner creative during the pandemic—and I’m not alone. The virtual fashion revolution is coming. A FEW MONTHS ago I discovered an unexpected, mind-soothing salve: Drest, a fashion styling game I downloaded when it came out in 2019 but hadn’t yet actually played. Now I’m on it constantly.As a thirtysomething obsessed with luxury fashion, I love the creat...

When it comes to streaming video, it appears the COVID bump is here to stay.BCG’s latest research into viewer behavior and preferences confirms that consumers have increased the amount of time they spend watching TV or streaming video—and that these habits are likely to continue after pandemic-related restrictions ease. More than 90% of respondents to our latest viewer survey, conducted in Fe...

A slew of Asian-fronted campaigns for luxury brands marks a move away from picking stars that meet traditional Hollywood standards of beauty. Experts point to the pandemic as one reason for the move from Caucasian-centric advertising and the importance of Chinese customers in luxury as another.[Rosé from Blackpink in a Tiffany & Co. campaign. Big names in luxury are increasingly looking to...

Accenture and Shiseido are establishing a joint venture to accelerate Shiseido's digital transformation as part of the strategic partnership the two companies announced on Feb. 9.“We are honored to help Shiseido accelerate its bold mission to deliver ‘Beauty Innovations for a Better World’ and meet the holistic needs of consumers”The joint venture, called Shiseido Interactive Beauty, will i...

It’s great to work in a high-paying job, but what are the occupations with the highest growth over the next several years? This visualization focuses on the top 20 fastest growing job markets, letting you easily compare the top growing careers, how much money they make and the expected growth over the next decade.Fastest growing jobs in USThe U.S. Bureau of Labor Statistics predicts that wind...

Forager, a startup connecting local farmers with grocery stores to source local food, raised $4 million in a funding round led by a group of backers, including Duncan Saville via ICM and Coastal Enterprises.The Portland, Maine-based company was founded in 2015 by David Douglas Stone to develop a platform that digitizes and streamlines the discovery of new vendors, onboarding and management of t...