VCs are pouring billions into defense tech under Trump — but some worry the hype is outpacing reality
Venture capitalists are throwing their weight behind defense tech as the Trump administration settles into Washington, energized by a flurry of executive orders to revamp defense acquisitions and the Department of Defense’s push to modernize the military with cutting-edge tech. Investor momentum has only increased in defense tech over the past two years, with VC…
Honda orders US staff back to the office by October. Read the memo.
Honda issued an RTO order on April 23, requiring US-based staff to work in the office at least 80% of the time by October 6. Honda on Wednesday issued a return-to-office order for its US-based staff, according to an internal memo viewed by B-17. “As Honda faces a rapidly changing business environment and increasingly competitive…
CEO of Jeff Bezos-backed EV startup explains how it’ll make the affordable $25,000 pickup no one else can
Slate Auto CEO Chris Barman has spent most of her career at Chrysler. With the average cost of a new car edging toward the $50,000 mark, affordable, basic transportation is becoming increasingly difficult for many Americans. Slate, a new EV startup backed by Jeff Bezos, believes its new $25,000 pickup truck, which could cost less…
Anti-hate groups are pressing Meta shareholders to demand transparency on hate speech
Meta CEO Mark Zuckerberg. Shareholder activists say Meta isn’t doing enough to combat hate speech. The Anti-Defamation League (ADL) and Jewish investor network JLens are calling on Meta investors to back a new proposal demanding greater transparency into how the company handles antisemitism, anti-LGBTQ+, and anti-disability hate speech. The campaign comes amid rising concern over…
US consumers will start feeling the pain of tariffs in stores by the end of May, Trump’s ex-top economic advisor says
IBM’s vice chairman, Gary Cohn, said US consumers will feel the tariffs’ effects in “the last couple of weeks of May.” American consumers are just weeks away from feeling the major impacts of President Donald Trump’s tariffs at the cash register, according to former Trump chief economic advisor Gary Cohn. In a CBS interview, Cohn…
5 things entrepreneurs should keep in mind when starting a company, according to two VC founders
CIV cofounder, CEO, and managing partner (left) next to cofounders and managing partners Jeff Rosenthal (center) and Abhijoy Mitra (right). As the cofounders of venture capital firm CIV, Jeff Rosenthal and Abhijoy Mitra have overseen the development of various tech companies. “There are not 100 outlier founders and companies every year to bet on,” Rosenthal…
Parcel giant DHL says it can deliver packages worth more than $800 to American customers again
DHL said Monday it is resuming shipments to US consumers worth over $800. Delivery giant DHL is resuming its shipments worth over $800 to American consumers, the German firm said on Monday. This follows an announcement from the company earlier this month that it would temporarily suspend the delivery of packages from all other countries…
A London-bound flight diverted to Boston after a possible bird strike and fumes in the cabin
A British Airways Boeing 777. Passengers expecting to cross the Atlantic Ocean only made it as far as Boston after it diverted a possible bird strike and fumes in the cabin. Saturday’s British Airways Flight 216 took off from Dulles International Airport near Washington, DC, for London. While ascending, the Boeing 777 appeared to hit…
My family turned a 400-square-foot trailer with rotting floors into a mobile home with 2 bedrooms and a rock wall. See inside.
My family began living on the road in a renovated RV after we sold our home. When my family embarked on a yearlong RV trip around the United States in 2016, we had no idea it would snowball into a lifestyle. Years later, we’re still traveling full time. The longer we were on the road,…
