Month: September 2022

Two buildings approved for new business park in I-94 corridor in northern Racine County | Local News

CALEDONIA — The first two buildings have been approved for a new business park popping up at the southeast corner of where Interstate 94 passes over Highway K (Northwestern Avenue), just across the street from DeBack Farms Business Park.

These buildings were approved with two 7-0 votes at the Caledonia Village Board meeting Tuesday, via two resolutions relating to site, building and operations plans for 141,535 square-foot and 233,249 square-foot industrial buildings.







Building 1 map

Pictured is a map of building no. 1, the ±141,535 square-foot industrial building coming to what is to be named Caledonia Corporate Park.


Village of Caledonia








Building 2 map

Pictured is a map of building no. 2, the ±233,249 square-foot industrial building coming to what is to be named Caledonia Corporate Park.


Village of Caledonia


The buildings are to be located on Northwestern Avenue, south of 13501 Northwestern Ave. in what is to be named Caledonia Corporate Park.

In May, the village entered a development agreement with Milwaukee-based Zilber Property Group/Towne Realty, Inc., operating locally as “TI Investors of Caledonia, LLC,” for two parcels of land totaling 92.8 acres in Caledonia’s Tax Incremental District No. 4.

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Two new business parks planned near I-94;  one could replace South Hills golf course

For a capital investment of approximately $95 million, Zilber

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Tesla Is Planning a New Business

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Tesla has new plans to lower its lithium-ion battery costs.

Ronny Hartmann/AFP via Getty Images

Auto makers around the world are scrambling to secure raw materials to expand battery capacity for electric vehicles.

Tesla

has its own EV battery supply chain plans. It’s getting into a new part of the battery supply chain that is a license to print money, according to CEO Elon Musk.

Tesla
‘s

potential new business is lithium refining. The company is proposing a new facility in Texas to produce lithium hydroxide, a key component in higher performing lithium-ion batteries, according to a permit application recently made available, reported by Bloomberg.

The refining facility is “the first of its kind in North America,” reads the application. Most lithium ore comes from Australia and South America and ends up being refined in China.

Refined lithium prices have gone from a low of less than $6,000 a metric ton to more than $71,000 a metric ton over the past few years. The increase in lithium prices has added very roughly $2,000 to the price of an average EV over that span. The lack of refining capacity, and local refining capacity, is the reason Tesla is considering

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Former WeWork CEO Adam Neumann’s New Real Estate Company Is Planning A Digital Wallet That Stores Crypto

Updated: When Adam Neumann revealed his new venture to WeWork-ify the residential real estate sector Monday, backed by a $350 million investment from Andreessen Horowitz, the announcement was long on hype, and short on details.

Forbes has learned that the company, Flow, intends to launch a digital wallet that can store crypto – among other currencies, including US dollars – in addition to the real estate management software it announced previously.

Davidson Goldin, a spokesperson for Flow, said the planned digital wallet cannot be used to make rental payments for Flow-managed apartments using cryptocurrency it may store, but can be used for outside purchases like any other wallet.

Goldin confirmed Flow’s plans for a wallet after Forbes learned about recruitment efforts for the company this month, where a recruiter was promoting a role at a “ground breaking venture that will be one of the largest implementations of blockchain in the economy, involving a multi faceted approach that will be spearheaded by Adam Neumann ( ex-CEO of WeWork).”

In a LinkedIn message sent to one potential product manager candidate,

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5 Social Media Tips to Grow Your New Business

Opinions expressed by Entrepreneur contributors are their own.

When it comes to building a brand, social media remains one of the best tools in aiding a business in reaching its target audience. The medium builds brands, provides customers with information about their debut, and gives them a chance to provide feedback.

The term “viral” is used to describe produced content that is widely shared across many platforms. It all brings a lot of good (and/or bad) attention to a brand and can help reach new audiences if done the right way.

Here are a couple of key tips for burgeoning businesses looking to build their presence across all online options.

Related: 5 Unicorn Founders Share Their Productivity Hacks

1. Know your platforms

There are many different social media categories that all have their own uses with different audiences. Make sure you understand each platform, what type of content goes on it and what crowds you should corral. The most popular include Facebook, Instagram, Twitter, TikTok, YouTube, LinkedIn and Snapchat. Your business may be suitable to have a presence on all or only some of these options.

2. Keep posts brand-focused

Write about your business and things that relate to it.

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Airplane business class doors offer new levels of privacy. Here’s why they might not be a good idea

(CNN) — Business class is becoming increasing more luxurious, spacious and private. Whether it’s custom-designed seat and bed cushions, bespoke fittings and fixtures, or co-branding with some of the biggest names in luxury, business really is the new first class aboard many planes.

That’s especially true in business class mini-suites with doors, which debuted nearly 10 years ago aboard JetBlue’s Mint premium airplanes, and are now found on a dozen or so carriers including Delta, All Nippon Airways, British Airways and China Eastern, with more rolling out every year.

Doors make the business class experience better in two ways: first, they add privacy, and second, they avoid what airplane seat designers call the “brush past,” where a passenger or crew member walking down the aisle bumps into a seated passenger.

If you’ve traveled in business class, you might already be thinking of some of the seats where that would be particularly beneficial.

One might be the several kinds of staggered layouts where some seats are right next to the aisle, but others are well away from the aisle, on the other side of a little console table. Another might be the angled herringbone layout where seats face into the aisle

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HP’s new 4K business webcam uses AI to keep your whole team in the frame

HP has a new webcam that feels familiar and uses AI to keep you and your fidgeting guests in the frame during meetings. The $199.99 HP 965 4K Streaming webcam is the company’s new business-oriented model that contains a Sony Starvis CMOS sensor, similar in spec (and price) to Dell’s 4K webcam offering, Elgato’s Facecam, and Razer’s Kiyo Pro. A home office 960 version is available in white but, according to HP spokesperson Christine Wahl, has identical specs, and after initially appearing on HP’s website with a $50 discount, the 960 is now priced identically with the 965.

Those webcams have similar tracking abilities, just like the following abilities found in Logitech’s StreamCam (one of the best webcams our colleague Cameron tested) and Apple’s Center Stage. The company touts this camera’s tracking as a part of the HP Presence tools it offers for “more thoughtful, human collaboration technology,” and it has to be connected to a host PC with the HP Accessory Center software running for them to work. Assuming you actually like the effect and you opted for HP’s new monitor with IPS Black, for example, over the Z24m with an integrated webcam and similar tech, it’s another way

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Bed Bath & Beyond announces store closures, layoffs and new financing to fix struggling business

A Bed Bath & Beyond store is seen on June 29, 2022 in Miami, Florida.

Joe Raedle | Getty Images News | Getty Images

Bed Bath & Beyond on Wednesday announced swift and significant steps it is taking to try to revive its struggling business, including layoffs, store closures and a shake-up of the brands on its shelves.

On a call with investors, the New Jersey-based retailer laid out details of its latest turnaround push. It said it has started closing about 150 of its “lower producing” namesake stores. It will also slash costs by shrinking head count by about 20% across its corporate and supply chain workforce. To strengthen its balance sheet, the company said it secured more than $500 million in new financing, including a loan.

The moves are urgently needed for the troubled retailer, which also disclosed Wednesday that slowing sales have carried into the most recent quarter. Same-store sales plummeted 26% for the three-month period ended Aug. 27 — an even steeper drop than the declines of recent quarters.

Bed Bath’s shares closed down 21% at $9.53 Wednesday.

Bed Bath & Beyond files for permission to sell shares

Its business had already taken many blows. The company said it lost hundreds of millions of dollars in

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