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.
Eric Lynch, managing director of Scharf Investments, joined Cheddar News to discuss market trends and what lies ahead as the Federal Reserve paused interest rate hikes.
On this edition of Stretching Your Dollar, AJ Ayers, certified financial planner and co-founder of Brooklyn Fi, provided some tips on how to boost your credit score.
The Federal Reserve, having raised interest rates at the fastest pace in four decades, is poised Wednesday to leave rates alone for the first time in 15 months to allow time to gauge the impact of its aggressive drive to tame inflation.
On Tuesday, the Bahamas Supreme Court allowed FTX founder Sam Bankman-Fried to review the terms of his extradition and temporarily delayed the country from agreeing to let U.S. prosecutors pursue criminal charges against him.
