WeWork is going to have eight entrepreneurs compete for a $1 million grand prize. Warmilu, a warming technology company, will be vying for a chance to take home the money. Grace Hsia, CEO of Warmilu, was with us to explain why her company was chosen to compete and how the prize would help Warmilu accomplish its mission.
Warmilu manufactures US patent-protected warming technology able to generate warmth with the press of a disk that lasts for hours and can be reused up to 100 times through boiling or autoclaving. Hsia shares how she is using the technology to help save the lives of infants in resource-scarce regions such as Africa. The warming tech is integrated into IncuBlankets, which is an alternative infant incubator to reduce preterm infant death.
Warmilu is working to bring its technology to products outside medical. Hsia showcases outdoor recreation hunting seat cushions to demonstrate how the heating technology works. On top of saving lives, Warmilu had $110,000 in total sales during 2017.
WSJ reporter Ray Smith breaks down why more companies are offering ‘dry’ promotions – a responsibility or title bump with no pay raise – and the pros and cons of accepting them.
Apple says a Justice Department antitrust lawsuit accusing it of engineering an illegal monopoly in smartphones in the U.S. is “wrong on the facts and the law.”
As Reddit shares begin trading at the NYSE, ‘Einstein of Wall Street’ Peter Tuchman breaks down the social platform’s debut and what it means for the overall IPO market in 2024.
CEO and co-founder of Alix, Alexandra Mysoor, discusses why it’s so important for everyone, regardless of income, to both plan and settle their estates.
After the Fed forecast three cuts to come in 2024, Kevin D. Mahn, President and CIO at Hennion & Walsh Asset Management breaks down why the market looks strong, and he sees some reasons for concern in Reddit’s choice to IPO.
Federal Reserve officials signaled that they still expect to cut their key interest rate three times in 2024 despite signs that inflation was surprisingly high at the start of the year.
