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.
Crab fishermen in Alaska have been scrambling to stay afloat after two years of the Bering Sea fishery being closed or severely curtailed due to plummeting crab numbers. And they're concerned that more of the same awaits this October when officials decide on catch limits for the upcoming season.
Most major car brands admit they may be selling your personal data — though they are vague on the buyers, and half say they would share it with the government or law enforcement without a court order.
Tourism-related businesses have always been at the mercy of the weather. But with heat waves, fires and storms becoming more frequent and intense, small businesses increasingly see extreme weather as their next long-term challenge.
Student loan interest payments have restarted and many questions have arisen about them. Jade Warshaw, a financial expert with Ramsey Solutions, joined Cheddar News to explain what borrowers should know and what to look out for.