How One Fabric Company Is Working To Extend The Life Of Your Clothes
Nothing is worse than spilling coffee or red wine all over a brand new shirt, but what if you could wash that stain right out with a little water? Dropel Fabrics is making that a reality. Co-Founder Simardev Gulati shows us how.
Gulati gives our hosts a demonstration of the company's fabrics. Dropel Fabrics uses a special treatment to give natural fibers the same spill- and stain-proof characteristics as polyester.
Gulati says they have teams in countries from Portugal to China working keep up with global trends in fashion and retail. A shirt from Dropel Fabrics starts around $40.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
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