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Wednesday, May 1, 2024
Biomaterials Firm Bolt Threads, Formerly A Unicorn, Plans SPAC Deal At A $250 Million Valuation

Biomaterials Firm Bolt Threads, Formerly A Unicorn, Plans SPAC Deal At...

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Bolt Threads cofounders Dan Widmaier (left) and David BreslauerTimothy Archibald/The Forbes Collection CEO Dan Widmaier talks exclusively with Forbes about going public and the ups and downs of running a synthetic biology firm. Bolt Threads, a maker of biomaterials including a key ingredient for skincare inspired by spider silk, plans to go public in a…
Tesla cars aren’t union made, but they are the most American-made

Tesla cars aren’t union made, but they are the most American-made

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Every year, Cars.com assembles a list of the most American-made vehicles.  Last year, Tesla only claimed the two top spots. Now it has the entire top four.  The supply-chain differences are an interesting quirk of union-made versus non-union-made tensions.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed…
‘Don’t worry, be happy’: 5 reasons why Bank of America just turned even more bullish on the stock market

‘Don’t worry, be happy’: 5 reasons why Bank of America just...

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Bank of America just turned even more bullish on the stock market heading into year-end.The bank increased its S&P 500 price target to 4,600 from 4,300, or about 3% potential upside.These are the five reasons why Bank of America is still upbeat on stock prices. Loading Something is loading. Thanks for signing up! Access your…
New York To Paris In 90 Minutes. Can This Startup Make It Happen?

New York To Paris In 90 Minutes. Can This Startup Make...

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Hermeus’ audacious plan to build a passenger plane able to travel at Mach 5 is a longshot, but it’s won Pentagon backing. By Jeremy Bogaisky, Forbes Staff Earlier this month, a curved aluminum skeleton 40 feet long sat waiting in Hermeus’ cavernous Atlanta factory. It was the prototype of a drone called Quarterhorse. It will…
Ask Yourself These Questions Before Saying ‘No’ at Work

Ask Yourself These Questions Before Saying ‘No’ at Work

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Photo: Ivy Photos (Shutterstock)Figuring out how to say “no” at work is a challenge unto itself. Before you even get that far, though, you have to determine if you should say “no.” When would refusing work hurt your career, and when is it a healthy use of your boundaries that could actually help your productivity?…
Bidenomics could make inflation worse, former US Treasury Secretary Larry Summers says

Bidenomics could make inflation worse, former US Treasury Secretary Larry Summers...

Biden's economic agenda could make inflation worse, former Treasury Secretary Larry Summers said. That's because Biden's policy is based on wrong principals, he said at a recent event. "We do not have a problem of a shortfall of jobs … We do have a problem with costs."  Loading Something is loading. Thanks for signing up!…
China’s real youth unemployment rate could actually be close to 50% – more than double the official rate

China’s real youth unemployment rate could actually be close to 50%...

China's youth unemployment rate may be severely skewed, a Peking University professor wrote. While official statistics for March cited a 19.7% rate, Zhang Dandan estimated it's closer to 46.5%. In her calculations, she included 16 million non-students not actively seeking work. Loading Something is loading. Thanks for signing up! Access your favorite topics in a…
10 reasons why the recession that Wall Street predicted to death never showed up

10 reasons why the recession that Wall Street predicted to death...

For months, markets and businesses have been bracing for a much-predicted US recession – which never showed up.  And now, economists at UBS have compiled a list of 10 reasons why the downturn hasn't happened so far.  Government spending, strong savings, and a resilient jobs market are among reasons the economy held up, the bank…
How the circular economy could solve the smartphone-waste problem — and curb the manufacturing industry’s carbon footprint, too

How the circular economy could solve the smartphone-waste problem — and...

Insider Do you remember your very first cellphone?Where is it now? Maybe you passed it on to a friend, traded it in for an upgrade, or sold it. Maybe it's still lurking somewhere in your home, abandoned in a drawer.It takes a lot of resources to make a smartphone. It's estimated that the production of…
Your Luggage Is Probably Filthy

Your Luggage Is Probably Filthy

When was the last time you cleaned your luggage? No, not using a vacuum attachment to suck up any dirt, crumbs, and schmutz that have accumulated inside your suitcase over the years—although you should do that too. We’re talking about cleaning, or at least wiping down, the outside.If it’s been a while, you’re not alone.…

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