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Search resuls for: "Doug W"


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☆ Amazon's moonshots lab recently shut down several secret projects, shocking members of the team. Here are the initiatives that got the chop, and the ones that survived.
  + stars: | 2022-10-25 | by ( Eugene Kim | ) www.businessinsider.com   time to read: +4 min
Amazon's Grand Challenge division recently shut down three confidential projects, a cost-cutting move that shocked and disappointed members of the secretive moonshots lab, Insider has learned. Two healthcare projects survived the cull. The healthcare projects that survived are a new type of at-home fertility-monitoring device and a therapeutic treatment to protect against antibiotic resistance, these people said. The decision to keep two healthcare projects reflects CEO Andy Jassy's ambition in this field. Glow, a video-calling device that Amazon shut down earlier this month, was also part of the broader Grand Challenge team.
☆ Old money: How retirees are funding and fueling political candidates unlike ever before
  + stars: | 2022-09-20 | by ( Madison Hall | ) www.businessinsider.com   time to read: +10 min
In the 2020 election cycle, retirees gave hundreds of millions of dollars to federal candidates. Crystal Snow, a 60-year-old retired business owner, also donated hundreds of times to Republican groups ahead of the 2020 election, according to federal records. Snow told Insider she donated according to her Christian values and did so exclusively online, including to the likes of Sens. By the 2020 election cycle, retirees accounted for more than $1 in every $5, amounting to more than $378 million. Retirees are responsible for a greater and greater share of large political contributions, federal campaign finance data indicates.
☆ It’s not just you. Tommy Bahama beach chairs are everywhere
  + stars: | 2022-09-03 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +5 min
“You see them all over most major coastal beaches during the summertime.”A Tommy Bahama beach chair in Santa Rosa Beach, Florida. Tommy Bahama doesn’t make its chairs and beach goods. Instead, Tommy Bahama licenses its name and design for the beach goods and receives royalties from sales at retailers. So they came up with “‘Tommy Bahama’ because I liked the resonation of the two words together.”The founders had recently left the company, and the country was suffering through the Great Recession, which dragged down Tommy Bahama sales. Correction: Tommy Bahama CEO Doug Wood said the company sells up to two million of its beach chairs a year and 700,000 umbrellas annually.
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