Stephanie Korey, co-founder and CEO of luggage company Away, discusses its accomplishments since launching in 2015. We talk plans for expansion, as the company has raised $31 million to date.
In less than two years, Away has sold 250,000 suitcases and already has several retail stores, with plans to open more in the coming year. We discuss new regulations by airlines that only permit "smart" suitcases with removable batteries on board.
The company looks to expand into a lifestyle brand with the launch of "Here" magazine and a new podcast called "Airplane Mode." Korey gives us a brief tease into advancements in the company's luggage which we may see in the coming months.
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
Despite concerns about shipping delays in the Red Sea, RSM Chief Economist Joe Brusuelas says there are still reasons to be optimistic about the state of the U.S. economy.
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.
Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
