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A smooth retail experience depends on efficient shipping and hassle-free purchases, two elements that can create significant cost implications for retailers. These honorees in the commerce category are developing infrastructure that can make more efficient use of freight trucks, streamline theft detection, and ease the checkout process in warehouse club environments. Flock Freight For reducing inefficiency in truckloads When it comes to freight trucks, wasted space is wasted money. Flock Freight estimates that the equivalent of one in three trucks runs empty because of inefficient deck-space utilization. The Certified B Corporation has built on its patented Shared Tru…
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After federal funding for renewables evaporated this year, the future path of the energy sector has been unclear. But even in uncertain times, companies are advancing the technology needed to push for a clean-energy transition—while also accommodating for a new grid that needs to keep up with the huge power demands of the wave of data centers coming online. From new battery tech to all-day solar power to better ways to track emissions and more, these innovations can help see the sector through this precarious period. Exowatt For generating solar power even when the sun isn’t shining Exowatt’s P3 unit is a power plant in a 40-foot-long shipping container. The unit uses…
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In recent years, the FDA has approved dozens of gene and cell therapies that can potentially cure rare diseases like sickle cell disease and spinal muscular atrophy. But many patients still can’t access these treatments because insurers have refused to cover them. That reluctance is understandable, unfortunately. Widespread use of these multimillion-dollar therapies would bankrupt many health insurers. But the solution isn’t to deny lifesaving drugs to patients. Rather, it is to deploy creative financing solutions that deliver these therapies to sick Americans without collapsing the insurance system. The sickle cell dilemma Consider, for instance, the dil…
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Once a year, a crowd of thousands of runners fill Central Park as they look up at the sky with joy, relief, exhaustion, and tears, knowing they just completed the iconic TCS New York City Marathon. Recognizing the endless storytelling opportunities that come from the event, New York Road Runners (NYRR), the nonprofit behind the marathon, is launching its own production studio, East 89th St Productions. “It was clear to me that this was a huge opportunity for the organization from the first day that I went to the finish line of the marathon,” NYRR CEO Rob Simmelkjaer says. “It’s rare that you can look and see total strangers by the hundreds, having a moment that y…
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Israel’s ongoing blockade of humanitarian assistance for Gaza forced a leading aid group to shut its community soup kitchens Thursday as it faced empty warehouses and no replenishment of supplies in the war-battered enclave. World Central Kitchen was serving 133,000 meals per day and baking 80,000 loaves of bread over the past weeks, but said it was forced to suspend operations since there is almost no food left in Gaza for the organization to cook. The lack of food is threatening Gaza’s population, already battered by 19 months of war. In April, the World Food Program said its food stocks in Gaza had run out under Israel’s blockade, ending a main source of susten…
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The Real ID requirement goes into effect today (Wednesday May 7, 2025). The deadline has been 20 years in the making, and its implementation today could cause some headaches—or at least some confusion—for those trying to fly domestically. Here’s what you need to know about today’s Real ID deadline and what it means for you. What is Real ID? A Real ID is the name given to an updated form of driver’s licenses and state IDs that have enhanced security measures. The federal government sets these standards, even though Real IDs are issued by individual states. From May 7, a Real ID will be required in most circumstances to board a domestic flight in America, ent…
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New Jersey Transit’s train engineers reached a tentative deal Sunday to end their three-day strike that had halted service for some 100,000 daily riders, including routes to Newark airport and across the Hudson River to New York City. The union said its members would return to work on Tuesday, when trains would resume their regular schedules. The walkout that began Friday was the state’s first transit strike in over 40 years, forcing people who normally rely on New Jersey Transit to take buses, cars, taxis and boats instead or consider staying home. The main sticking point had been how to accomplish a wage increase for the engineers without creating a financially disastr…
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Anthropic is turning to a Biden administration alum to run its new Beneficial Deployments team, which is tasked with helping extend the benefits of its AI to organizations focused on social good—particularly in areas like health research and education—that may lack market-driven incentives. The new team will be led by Elizabeth Kelly, who in 2024 was tapped by the Biden administration to lead the U.S. AI Safety Institute within the National Institute of Standards and Technology (NIST). Kelly helped form agreements with OpenAI and Anthropic that let NIST safety-test the companies’ new models prior to their deployment. She left the government in early March, and in mid-…
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Less than a year after Rite Aid finally wrapped up its first bankruptcy proceedings, it’s now reportedly planning to file for Chapter 11 protection a second time. Based on a new report from Bloomberg, Rite Aid employees received a letter today from CEO Matthew Schroeder stating that the company’s negotiations with lenders for more capital have failed. He went on to explain that the pharmacy chain can no longer sustain itself and intends to file for Chapter 11 bankruptcy. Per the letter, the company will start by cutting jobs at its corporate offices in Pennsylvania, a move Schroeder attributed to “the dramatic downturn in the economy.” An apparent copy of the lett…
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Behind the curtain of generative AI breakthroughs and GPU hype, a quieter transformation is taking place. Data center architecture and its prowess have become a fierce battleground as AI models expand in size and demand ever-greater compute power. Today, AI’s performance, scalability and cost are all tied to the choice of network fabric. Broadcom, once known for its dominance in networking and semiconductors, is back on the rise as one of the most consequential players in AI’s infrastructure revolution. “There’s a shift happening in the market. Today, real AI innovation isn’t just limited to models or the infrastructure—it’s in what connects them,” Ram Velaga, senior …
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A hearing Wednesday before Nevada’s high court could provide the first public window into a secretive legal dispute over who will control Rupert Murdoch’s powerful media empire after he dies. The case has been unfolding behind closed doors in state court in Reno, with most documents under seal. But reporting by The New York Times, which said it obtained some of the documents, revealed Murdoch’s efforts to keep just one of his sons, Lachlan, in charge and ensure that Fox News maintains its conservative editorial slant. Media outlets including the Times and The Associated Press are now asking the Nevada Supreme Court to unseal the case and make future hearings public. The…
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On Tuesday, Microsoft said it is cutting less than 3% of its global workforce, including LinkedIn. The company which an estimated 228,000 employees as of last June, meaning the layoffs will affect approximately 6,000 employees. The tech giant, which makes popular software products Windows and Word, will make cuts across various locations, teams, and roles. “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” a Microsoft spokesperson told Fast Company. The news comes less than two weeks after the Redmond, Washington-based company beat first quarter earnings expectations, driven by its Azure c…
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