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Perspective
AZ Central – USA Today: Budweiser falls from top three U.S. beer favorites – Mike Snider 1/23
WSJ – Daily Shot: Vox – US Marijuana Laws 1/24
Worthy Insights / Opinion Pieces / Advice
Markets / Economy
WSJ – Price War Pressures Consumer-Goods Giants – Sharon Terlep 1/23
- “Procter & Gamble said average prices fell for first time since 2011; rival Kimberly-Clark to slash jobs.”
Real Estate
WSJ – Big Landlords Pile Into Co-Working as WeWork’s Ascent Continues – Peter Grant 1/23
Cryptocurrency
Economist – Daily Chart: Crypto-currencies are in a tailspin 1/22
Bloomberg – Bitcoin May Split 50 Times in 2018 as Forking Craze Mounts – Olga Kharif 1/23
Construction
FT – US ‘constructech’ start-up raises $865m in SoftBank-led round – Richard Waters 1/24
- “Katerra aims to transform homebuilding by applying precepts of electronics outsourcing.”
- “The company, which operates from a factory in Arizona, already has $1.3bn of committed orders from developers and hopes to build another four or five facilities by the end of next year…”
- “Katerra hopes to drive down costs by ordering materials for multiple developments at once, giving it negotiating leverage over suppliers, and by developing manufacturing techniques to lower overall construction costs.”
- “In one sign of its ambition, Katerra recently broke ground on an $85m factory in the US state of Washington that it said would be the world’s biggest maker of cross-laminated timber, a more ecologically friendly building material that is increasingly being used instead of concrete and steel.”
- “The investment, which lifts the total amount Katerra has raised to almost $1.2bn, values the company at more than $3bn, including the latest round…”