News

  • The Evolution and Challenges of Vibe Coding in the Tech Industry

    Carla Rover, a seasoned web developer turned startup founder, delved into vibe coding with the aim of accelerating her project, only to find herself in tears after having to restart due to AI-generated code errors. Like many experienced programmers, she found herself acting as an AI babysitter, fixing errors and fact-checking the code the AI produced. This trend has led to a rise in the demand for “vibe code cleanup specialists” within corporations.

  • Rising Health-Care Costs and Prescription Drug Prices Pose Challenges for Employers

    Health-care inflation is on the rise, with costs for medical care soaring and contributing to potential double-digit premium increases for consumers in 2026. Large employers are projecting a 9% increase in health coverage costs, the highest level of inflation since 2010, due in large part to a 12% hike in pharmaceutical costs next year. Expensive drugs, particularly cancer treatments and weight loss medications like Novo Nordisk’s Wegovy and Ely Lilly’s Zepbound, are driving these increases.

  • High-net-worth families turn to multifamily offices for real estate investments

    Multifamily offices are becoming a popular choice for high-net-worth families looking to invest in real estate. With the ability to pool resources, share expertise, and unlock bigger deals, these investment arms are seeing success in the commercial real estate market. Travis King, CEO of Realm, a multifamily office investment platform, highlights the benefits of collective investing and the potential for direct real estate access for families with substantial investable assets.

  • Investing in Robotics: The Industry’s Maturation and Surge in Interest

    When Seth Winterroth left his job at GE Ventures to help launch Eclipse Ventures in 2015, he noticed a lack of interest in early-stage robotics startups. However, fast forward 10 years, and Winterroth, along with other investors like Kira Noodleman and Fady Saad, are seeing a surge in investor interest in robotics.

    Thanks to advancements in hardware, software, and falling hardware costs, the robotics startup market has matured, attracting engineers and helping companies figure out product-market fit. While AI has played a role in advancing robotics tech, the real catalyst for the industry gaining momentum can be traced back to Kiva Systems’ acquisition by Amazon in 2013.

  • Boeing Defense Workers Reach Tentative Agreement

    The International Association of Machinists and Aerospace Workers Union announced on Wednesday that a tentative agreement has been reached with Boeing for striking defense workers. The agreement, set to last five years, includes better wages and the restoration of a signing bonus, with final voting by union members scheduled for this Friday. The union, primarily based in St. Louis, Missouri, includes workers who assemble and maintain F-15 fighter jets and missile systems.

    This development comes after more than 3,000 workers had been on strike since August, turning down a contract offer that included wage increases and signing bonuses. Boeing’s CEO expressed confidence in managing through the effects of the strike, as the company previously hired new workers for its defense unit to meet demand. This defense strike follows a similar seven-week strike by unionized machinists building commercial aircraft last year.

  • Uber Partners with Joby Aviation to Launch Helicopter Rides on App

    Uber has announced a new partnership with Joby Aviation to bring helicopter rides to its platform as soon as 2026. Through its acquisition of Blade, a helicopter and air transportation company, Joby aims to integrate its quiet, zero-emissions aircraft into the Uber app, offering customers a glimpse into the future of travel. This move follows Uber’s previous partnership with Joby in 2019 and the sale of its Elevate flying taxi division in 2020.

    As the companies work towards regulatory approval from the Federal Aviation Administration, Uber president Andrew Macdonald believes this partnership will usher customers into the next generation of air transportation. Stay tuned for more details on booking rides in the years ahead.

  • Immigration Raid at Hyundai Facility Signals Warning for Foreign Companies in US

    Last week’s massive immigration raid at a Hyundai facility in Georgia, targeting nearly 500 workers, mostly South Korean nationals, has highlighted the escalating crackdown on illegal immigration by the Trump administration. The raid, conducted on a site jointly owned by Hyundai and LG Energy Solution, revealed that the detained workers were employed by contractors or subcontractors, raising concerns for other companies relying on foreign labor.