World

Milk Has Lost All Meaning

  • March 7, 2023
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You overhear a lot of strange things in coffee shops, but an order for an “almond-based dairy-alternative cappuccino” is not one of them. Ditto a “soy-beverage macchiato” or an “oat-drink latte.” Vocalizing such a request elicited a confidence-hollowing glare from my barista when I recently attempted this stunt in a New York City café. To […]

News

Accolade cuts workforce, downsizes office footprint

  • March 7, 2023
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Accolade, which offers virtual healthcare as well as care and benefits navigation services, will cut staff and downsize its office footprint, according to a filing with the Securities and Exchange Commission.  The company declined to comment on the number of employees affected by the layoffs. In the filing, CFO Stephen Barnes wrote Accolade was “accelerating the integration of […]

Rivian (RIVN) crashes after announcing plans to raise over a billion in cash

  • March 7, 2023
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Rivian ($RIVN) plans to raise $1.3 billion in cash by selling green convertible notes, despite indicating it had sufficient cash in last week’s earnings. Investors are not pleased with the move with Rivian stock slipping over 10% following Tuesday’s announcement. Rivian raises $1.3 billion via green bonds According to the company’s Q4 earnings release on […]

Canoo (GOEV) finds a new business partner in leading elevator services company

  • March 7, 2023
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Electric vehicle startup Canoo (GOEV) has found its latest client in Schindler Elevator Corporation, a leading global elevator and escalator services provider. Schindler announced its intent to add 50 2023 Canoo EVs to its fleet, an industry first. Canoo has fought through adversity essentially since its foundation in 2017 as it continues its mission to […]

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Atrium Health, Best Buy ink hospital-at-home deal

  • March 7, 2023
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Charlotte, N.C.-based Atrium Health and Best Buy Health are partnering to develop new hospital-at-home offerings, the latest move in remote patient monitoring for the tech retailer. The partners said their deal would pair the health system’s established telehealth and hospital-at-home programs with Best Buy’s in-home services and supply chain. Best Buy’s Geek Squad will assist […]