For this week's keep reinventing segment brought to you by HP we are taking a look at a new bike share player in the space. Zagster recently closed a $15 million round of funding, which it plans to use to expand its dockless program to new cities. The company's CEO Timothy Ericson explains how he is taking a conservative approach to the expansion efforts.
"Right now we are really focusing on bring our bikeshare program Pace to communities who are willing to invest in bikesharing in the right way," says Ericson. "This allows riders to pick up and drop off bikes anywhere in the city."
Ericson says Zagster works directly with communities to roll out its program, and integrate it with the transit program. Zagster partners include Princeton University, City of Rochester, and Roanoke.
Astor Apiaries' Nick Hoefly is an expert on honey bees and, of course, honey. Cheddar News' Michelle Castillo checked out the hives to learn everything you ever wanted to know about honey ahead of Bee's Knees Week.
Nick Hoefly of Astor Apiaries explains the importance of bees for our ecosystem and talks to Cheddar News' Michelle Castillo about what you can do if you're nervous around them.
The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.
