Why IPOs are all about storytelling
2/27/2017 Medium

A successful initial public offering is, in part, about telling the right story about your company, writes Ashley Mayer, who shares insights from her time at Box. One challenge facing Snap is that its metrics do not point to an obvious destination for the business.

Md. students challenged in Physics Olympics

About 350 students from 27 schools across Maryland recently competed in the state's 25th annual Physics Olympics. Students participated in six events in which they used objects such as foil and Popsicle sticks to build bridges and protect an egg from a 4-meter fall.

Senate confirms Ross for commerce secretary

The Senate has voted 72-27 to confirm billionaire Wilbur Ross as commerce secretary. The former Democrat is expected to play a major role in renegotiation of the North American Free Trade Agreement.

Ahold Delhaize focuses more on value at new bfresh store

Ahold Delhaize has tailored the selection at its third and newest small-format bfresh store to include more value-focused private-label items and fewer specialty items with higher price tags after reviewing sales data from the banner's first two stores. The store, which opened Friday, includes a larger selection of meal kits, a hub-and-spoke layout in prepared foods and a product assortment that gives 55% of selling space to fresh foods and 45% to center store products, features that will be rolled out at the chain's first two stores.

Study looks at rising average life expectancy worldwide
2/22/2017 Reuters

Average life expectancy across the world is expected to increase by 2030, with South Koreans having the highest life expectancy and the US being among developed countries with the lowest, according to a study in The Lancet. UK researchers and the World Health Organization found that men and women in the US are expected to live 79.5 and 83.3 years, respectively.

Revlon turns to Amazon, Lady Gaga in campaign
2/27/2017 Bloomberg

Revlon will print the slogan #LoveIn3Words on 10 million Amazon boxes during February and March as part of the cosmetics brand's "Love Project" campaign. The company has also teamed up with Lady Gaga on an Instagram video featuring her song "Million Reasons" and a short video that debuted during the Academy Awards.

With rivals in mind, Wal-Mart may seek price cuts
2/27/2017 Reuters

Wal-Mart has been conducting price comparisons and going back to vendors to reduce prices on grocery items, looking to compete with discounting rivals such as ALDI and Kroger, Nandita Bose writes. The company also met with major consumer products suppliers and pushed for a 15% cut in wholesale prices, Bose said, quoting sources.

Sony and Line may team up for AI
2/27/2017 Bloomberg

Sony and Line, a popular Japan-based messaging app, may partner to use artificial intelligence to improve the digital personal assistant experience. The announcement was made at a conference in Spain, and during that time, Sony also showed off earphones that use Xperia Agent, a virtual butler.

CRISPR could produce disease-resistant pigs

Scientists from biotech firm Genus and the University of Edinburgh are developing pigs with potential resistance to porcine reproductive and respiratory syndrome using CRISPR-Cas9 gene editing technology. "Genome editing offers opportunities to boost food security by reducing waste and losses from infectious diseases, as well as improving animal welfare by reducing the burden of disease," says senior researcher Alan Archibald.

Pai to block privacy rules that affect broadband providers

Federal Communications Commission Chairman Ajit Pai is planning to block privacy rules that are stricter on broadband providers than on non-providers such as Google and Facebook. "All actors in the online space should be subject to the same rules, and the federal government shouldn't favor one set of companies over another," an FCC spokesman said of the intended move.

Construction industry braces for immigration crackdown

The Trump administration is moving forward with a policy to increase immigration enforcement, and about 13% of the construction industry's workers were undocumented in 2014, the Pew Research Center estimated. "If you have fewer and fewer undocumented [workers], at the end of the day it's going to have an impact on projects," said Bill Wilhelm, president of R.D. Olson Construction in Irvine, Calif.

Pepsi, Coca-Cola support sustainable programs
2/27/2017 Sustainable Brands

PepsiCo's Zero Impact Fund sponsors colleges and universities pursuing environmentally friendly projects. Coca-Cola also has stepped up its sustainability efforts, voicing support for a bottle recycling plan in Scotland.

Mobile devices improve United travel experience

United Airlines is working with IBM to use mobile technology to improve the passenger experience. United is distributing 50,000 tablets and other mobile devices to front-line staff, enabling them to access key information for passengers from check-in to baggage claim.

Gen Z has hospitality designers searching for new look and feel
2/27/2017 Hotel Business Design

Designers at firms spanning from New York's Wilson Associates to Puccini Group in San Francisco are creating hospitality spaces and experiences meant to appeal to Generation Z. "Most of their day is Facebook or Instagram -- they want to share their memories so it's having them be comfortable in an environment where they are ahead of the trends that haven't been shared yet," said Justin Colombik of Puccini Group.