Tuesday’s annual Equal Pay Day highlights the fact that women working full-time earned 78 cents for every dollar men took home in 2013–a whopping one cent improvement over the previous year, according to the U.S. Census Bureau. That’s a long way from the 60 cents on the dollar women collected in 1960, but it’s still shamefully far from equal pay for equal work. [Read more…] about 5 things you don’t know about the wage gap
I’m standing atop the Erg Chigaga dunes, Morocco’s largest, watching a succession of Isuzu D-Max pickup trucks swoosh by. Each vehicle — more than 4,000 pounds of heavy machinery — guns it while teetering atop the peaks of fine-grain sand. Each driver whoops and hollers in unadulterated joy. The dunes are as steep as ski mountains, and the late afternoon sun casts shadows over them, lending the illusion that we are on the surface of the moon.
Forget hawking Girl Scout cookies. Willa, a teen-centric skincare and makeup company, wants to be the new face of adolescent entrepreneurship. [Read more…] about A teen skincare startup reinvents the Avon Lady for the digital generation
Acknowledge the women in a group first. Wait three beats before replying to make sure somebody has finished speaking. Follow up with a call or email when you say you will. These are just a few of the recommendations that make up a new Lexus program designed to turn the daunting dealership into an appealing destination. [Read more…] about Lexus is changing the way it sells cars. Step one: Stop ignoring women.
Toyota plans to do for fuel cells what its Prius did for hybrids: make them ubiquitous and top of mind for environmentally conscious consumers. The automaker is gearing up to introduce its hydrogen-powered sedans in California, Japan, and Europe early next year, banking that an attractive exterior and sporty design will create a market for cars that emit only water vapor. The Mirai will cost $57,000, with 3,000 to be produced for California buyers. Toyota has opened up its fuel-cell patent to the public and invested millions of dollars in helping to develop an infrastructure of hydrogen-refueling stations in California, New York, and New England, a bold move given skepticism over whether fuel cells can perform as well in colder climates.
For making long-range electric cars a quickly expanding reality. Founder and CEO Elon Musk’s reputation for disruption is well earned. First he showed that battery-powered cars are not only possible but desirable, with sales of the Model S—the company’s first mass-market luxury sedan than can travel 300 miles, at a steady 55mph, on a single charge—growing exponentially in the U.S., China, and across Europe. Now Tesla is building a family, with plans to roll out the Model X, a seven-passenger, all-electric luxury SUV early next year and to develop its more affordable (think: under $35,000) Model III to bring battery power to the common man. To prepare, Tesla is partnering with Panasonic to build a “gigafactory” that will allow Tesla enough battery capacity to build up to half a million vehicles a year. Tesla inspires rabid fandom, but it’s got the numbers to justify it: Its market valuation exceeds $30 billion, which is more than half the market cap of G.M., the largest U.S. automaker. [Read more…] about The World’s Top 10 Most Innovative Companies of 2015 in Automotive