When you go to the doctor and have to strip down into a gown, it can be a little uncomfortable. Care+Wear and Parsons School of Design are teaming up to change that. They collaborated on a new patient gown design.
Chat Razdan, Co-Founder and CEO of Care+Wear, explains why his company decided to innovate patient gowns, which have largely remained the same for decades. Students at Parsons School of Design helped in the creation of the gown. They worked with eight New York City-area hospitals during the process.
Care+Wear makes healthwear solutions for patients. The company started with PICC line covers, and has since branched out to include chest access clothing and its new patient gowns.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.