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The Beat: New UChicago VC fund targets deep-tech startups
The Beat: New UChicago VC fund targets deep-tech startups

Business Journals

time9 hours ago

  • Business
  • Business Journals

The Beat: New UChicago VC fund targets deep-tech startups

Welcome to Chicago Inno's The Beat, a twice-weekly look at the people, companies and ideas that are shaping Chicago's innovation economy. The Big One A new $25M venture capital fund launched Thursday to support the deep-tech ventures coming out of the University of Chicago ecosystem. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events Harper Court Ventures — funded through UChicago and the Polsky Center for Entrepreneurship and Innovation, and independently managed by MFV Partners — will focus on scaling pre-seed and seed-stage companies associated with the university's labs, the Polsky Center or alumni. Investors in the fund include the UChicago Endowment as well as several members of UChicago's Board of Trustees. The fund will target startups in high-impact sectors, such as those working on quantum computing, life sciences, energy and artificial intelligence innovations. READ MORE: $25M VC fund launches to back UChicago deep-tech startups More from The Beat On its 10-year anniversary, Chicago venture capital firm M25 announced its largest fund to date. Nearly half of workers in a recent survey say their companies have issued return-to-office mandates in 2025 — illustrating a larger trend of fading workplace flexibility. Drive Capital returns $500M to investors In a single week, Drive Capital returned about $500M in cash and stock to investors during a lull in liquidity for limited partners nationwide. The Columbus, Ohio-based venture capital firm, which set up a Chicago office in 2023, last Friday distributed two-thirds of its shares of Root Inc., worth nearly $140 million, to outside limited partners in its first fund from 2013, according to SEC filings. READ MORE: Drive Capital returns $500 million to investors amid national liquidity lull Sign up for the Business Journal's free daily newsletter to receive the latest business news impacting Chicago.

Michigan football recruiting department grows with two new analysts added
Michigan football recruiting department grows with two new analysts added

USA Today

time10 hours ago

  • Sport
  • USA Today

Michigan football recruiting department grows with two new analysts added

Michigan football recruiting department grows with two new analysts added Michigan football recruiting has been on something of a slow burn, which is to be expected around this time of year. But the Wolverines are still very active behind the scenes. With official visits slated to commence on Friday, marking the month-long slog toward building the 2026 class with recruits making it to campus, the maize and blue have been doing more than meets the eye. Per social media, Michigan has added two new analysts to the recruiting team, growing the department just as head coach Sherrone Moore had promised he would do when he was hired in January 2024. An in-state prospect with SEC ties Originally a recruit in the 2018 class, Orchard Lake (Mich.) St. Mary's running back Tyler Markray ended up being recruited by (former Michigan secondary coach) Steve Clinkscale and ultimately committed to him at Kentucky. He had limited production in Lexington, with four carries for 62 yards and a touchdown in his career, with the score coming on a 45-yard carry against Tennessee-Martin in 2019. Markray made the transition to a behind-the-scenes role, accepting a job with Western Michigan's recruiting department earlier this year. But the Wolverines hired him away quickly, with Markray announcing he's joined the Michigan football recruiting department as an analyst. A former Ohio-based player joins the Wolverines From the 2019 class, originally from Pittsburgh, Anthony Johnson played defensive end his senior year of high school at Cleveland (Ohio) Heights. He originally committed to Bowling Green, where he appeared in three games but injury sidelined him and he transferred to Youngstown State, where he appeared in 36 games. After the 2023 season, he entered the transfer portal and originally committed to Bret Bielema and Illinois, where he spent spring, but after spring ball, he transferred to Pitt. However, during practice going into Week 2, he suffered a career-ending injury to his spinal column on what appeared to be a routine play. Johnson got his degree from Pitt and now he's starting his career anew with Michigan football in the recruiting department. Growing the department Others have joined behind the scenes, including Alabama alum Avery Bean. The Wolverines, under director of recruiting Sam Popper, are continuing to modernize the department, and with name, image, and likeness starting to take hold in Ann Arbor (with recruitments such as Bryce Underwood and Ty Haywood), the maize and blue are starting to look more like other top schools across college football. Michigan had self-imposed some recruiting restrictions at the beginning of the month to appease the NCAA as it seeks out penalties for the Connor Stalions saga. But that isn't stopping the maize and blue from growing those who are working behind the scenes, helping identify talent across the country.

What Is Aging in Place, and Is It an Option in Your Current Home?
What Is Aging in Place, and Is It an Option in Your Current Home?

Yahoo

time11 hours ago

  • General
  • Yahoo

What Is Aging in Place, and Is It an Option in Your Current Home?

As people age, they're faced with a choice between continuing to live in their own homes or opting for a senior living arrangement. More and more, families are making the choice to stay put as part of a phenomenon known as aging in place. Aging in place has many different interpretations, but the U.S. Centers for Disease Control and Prevention defines aging in place as 'the ability to live in one's own home and community safely, independently, and comfortably, regardless of age, income, or ability level.' The National Institute on Aging calls aging in place staying in your own home as you get older and has tips for connecting to local resources to make aging in place easier, as well. Essentially, aging in place is making the decision to stay put as you get older—and then making the necessary accommodations and renovations to make your home as safe and accessible as possible. Once you've decided that you do want to age in place—which is a choice you can make years or even decades before the fact, if you're planning far in advance—you need to consider whether that's a possibility in your current home. Some homes—those with multiple stories, for example, or those with narrow passageways that would be difficult to widen—aren't as accommodating of modifications for aging in place as others. Moving into a home that can be easily modified years before you actually need those modifications can make your transition into aging in place much simpler and less stressful. As you consider your options for aging in place, these experts have some insights into whether you should upgrade your current home or purchase a new one. is a vice president at Caring, a company that helps seniors and their families find the best living and care solutions for their needs. is an author, speaker, and senior living design expert who founded Mosaic Design you make the choice between staying and upgrading your current home or finding a new home better suited to aging in place, ask yourself: Do you feel safe and connected in your current neighborhood? Many seniors are reluctant to leave their current location because they have local support, connections to doctors, a favorite grocery store, et cetera, says Susann Crawford, vice president at Caring. But if you feel unsafe in your current location or disconnected from neighbors or relatives, you might look for a different location, says Lisa Cini, an Ohio-based designer specializing in senior living. If your home needs all of the necessary upgrades but you lack the cash flow to complete the upgrades, you might be better off selling your current home and buying a new one that's already been upgraded with key aging in place features. This could even yield some profit, which you can put toward other future needs, such as in-home nurses or caretakers. Crawford says most home contractors these days are familiar with the types of common requests for aging in place upgrades, and you should be able to easily find a local pro to help with the installation of shower grab bars, for example. Cini, who specializes in consulting with senior residents about the safety of their homes, suggests hiring a designer like herself to come in and tell you what parts of your home pose a risk before deciding to move. If you think you'd rather move onto a different property, look for a new build. Many new builds have larger hallways, doorways, and stairways, Crawford says. They might even come with some key aging in place features, as builders account for the growing number of seniors in the housing market. 'There are homes specifically built to accommodate future needs, and we're seeing more and more builders taking that into consideration and having those options available,' Crawford says. Tell your real estate agent what you're looking for as you house-hunt to make sure you're seeing the full range of aging-friendly homes. Once you've determined that your current home can be modified to suit your needs as you age or you've found a new home that is well-suited to aging in place, it's important that you do everything you can to minimize the risks associated with aging—namely, the risk of falling. Here, our experts suggest key rooms and features to consider as you prepare your home. Falls are common in the bathroom, where moisture is ever present and surfaces are slippery. As you assess the safety of your current home to make it better suited to aging in place, start with this room. 'It's dangerous from a slip and fall standpoint, and a lot of times the lighting is not good,' Cini says. One way to combat these risks is to install grab bars in the shower and near the toilet for added stability and to aid with balance. Cini suggests a bidet, as well, to make bathroom hygiene safer. You can address problems with body temperatures by installing combination heat light bulbs, Cini says. And there are also mirrors that resist fogging, which makes it easier to see yourself and prevent slippery condensation from building. Related: The 6 Best Bidet Attachments, Tested by BHG Lighting is another common factor in at-home falls and other accidents. Poor lighting makes it difficult to navigate the home and even prepare meals in the kitchen. If you're choosing to stay in your current home as you age, adequate lighting is a good feature to invest in, Crawford says. 'Older homes tend to be darker, more dim, and there are not as many windows,' Crawford says. 'And people trip and fall when they can't see well.' The problem of low lighting compounds other mobility problems. Cini says that, generally, older adults require more lighting than younger adults. Additional overhead lighting can be a simple fix. Consider adding lights in your kitchen, bathroom, and bedroom, as well as above staircases. Related: 5 Smart Home Upgrades that Can Make Every Day a Tiny Bit Easier Other potential navigational obstacles in the home include narrow hallways, doorways, and staircases. Many older homes were designed with narrower spaces and can be difficult to navigate if you end up needing a wheelchair, walker, or cane. Newer homes, on the other hand, have wider doorways and stairways. 'It's so much easier then to install something like a chair lift,' Crawford says, should you need one down the road. Another factor to consider is the number of stories in your home. If you often have to negotiate steps, you might want to consider moving your bedroom to the main floor or finding a ranch-style home. Keep in mind that even single-level homes can pose risks. Watch for steps into the garage or up onto a porch or entryway. There can also be difficult transitions between rooms and types of flooring. An easy way to make your home aging in place friendly is to remove area rugs, which can pose a trip hazard, Crawford says. 'Flooring can pose risks; bubbles under carpeting, even chipped tile,' she says. 'But the other thing that really gets people with falls is decorating and clutter.' Removing decorative plants, side tables, and other knick-knacks and staying on top of piled laundry, mail, or magazines can clear a path for you to navigate your home safely, and it's something you can do for free. Whether you choose to stay or go, investing in home tech can be a great way to enhance your at-home independence while making life easier for residents of all ages. These days, you can automate the lights in your home, your heating and cooling systems, and safety features such as locks and home security equipment. Both new and old homes can accommodate these features, which are relatively affordable. But you can get creative, too. Seniors living at home can provide their children or caretakers with access to home cameras so someone can keep an eye on the property and the people living there. 'It used to be you needed to have Life Alert or your phone on you to contact someone,' Crawford says. Cini suggests installing blackout shades in the bedroom to improve sleep quality, which can help with many medical conditions. You can even have these automated, which she finds is a good investment. Related: 14 Universal Design Tips to Make Your Home More Accessible Read the original article on Better Homes & Gardens

This Diet May Ease Menopause Symptoms, New Study Suggests
This Diet May Ease Menopause Symptoms, New Study Suggests

Newsweek

time12 hours ago

  • Health
  • Newsweek

This Diet May Ease Menopause Symptoms, New Study Suggests

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. A new study has found that a low-fat vegan diet—regardless of how processed the food is—can significantly reduce hot flashes and promote weight loss. The research, conducted by The Menopause Society and published in the journal Menopause, explored how plant-based eating can benefit women in midlife. "This study highlights the potential positive effects of a plant-based diet rich in soy, regardless of the level of processing, in terms of both hot flash and weight management," Dr. Stephanie Faubion, medical director for The Menopause Society, said in a statement. "Given these and the other known benefits in terms of lowering heart disease and cancer risk, women in midlife should consider leaning into a plant-based diet." A stock image of a vegan burger with avocado. A stock image of a vegan burger with avocado. Getty Images The study followed existing data that found a plant-based diet can reduce hot flashes, in part by aiding with weight loss. But with many plant-based foods being highly-processed, the Ohio-based society wanted to find out whether the type of food consumed, be it vegan, ultra-processed or animal-based, affected hot flash severity. Participants in the trial were randomly assigned to follow either a low-fat vegan diet supplemented with soybeans or an omnivorous diet under supervision. Both groups reported similar levels of hot flash frequency and severity at the outset. Over a 12-week period, those in the vegan group reported a 92 percent reduction in severe hot flashes. Their average weight loss was 3.6 kilograms, compared to a negligible 0.2 kilogram change in the omnivorous control group. Significantly, the benefits in the vegan group remained consistent whether their food was minimally processed or highly processed, indicating that the critical factor was the source of the food—plant-based versus animal-based—rather than the degree of processing. The findings challenge traditional views that all processed foods are detrimental to health, at least within the context of a vegan diet. For alternative ways to manage hot flashes, Newsweek spoke with Tonie Reincke, M.D., a Texas-based specialist in interventional radiology who has experienced hot flashes firsthand. "Speaking not only as a physician, but also as a woman who has experienced hot flashes, several things that I found helpful to reduce these include layering my clothing to quickly cool down, carrying a portable fan, and drinking ice water throughout the day," Reincke said. "Herbal supplements such as black cohosh and primrose oil may help some women, though results can vary, and hormone replacement therapy is an option under medical supervision." Do you have a tip on a science story that Newsweek should be covering? Do you have a question about menopause? Let us know via science@ Reference Kahleova, H., Znayenko-Miller, T., Jayaraman, A., Motoa, G., Chiavaroli, L., Holubkov, R., & Barnard, N. D. (2025). Processed foods in the context of a vegan diet, and changes in body weight and severe hot flashes in postmenopausal women: A secondary analysis of a randomized clinical trial. Menopause.

Bath & Body Works beats quarterly profit estimates on minimal tariff exposure
Bath & Body Works beats quarterly profit estimates on minimal tariff exposure

Time of India

time18 hours ago

  • Business
  • Time of India

Bath & Body Works beats quarterly profit estimates on minimal tariff exposure

HighlightsBath & Body Works reported a profit of 49 cents per share for the first quarter, surpassing analysts' average estimate of 47 cents per share. The company's sales increased by 3 per cent to $1.42 billion, driven by strong demand for fragrances and personal care products, as well as effective marketing strategies targeting younger consumers. Bath & Body Works remains largely insulated from import tariffs due to its predominantly U.S.-based supply chain, with only 10% of its merchandise sourced from China. Bath & Body Works on Thursday beat first-quarter profit estimates as steady demand for its fragrances and personal care products, combined with its limited exposure to import tariffs , helped counter broader pressures in the U.S. retail sector . The beauty and skincare retailer has invested in extensive promotions and deals as well as in product innovation , including its Easter-themed Sweet Carrot Cake candles and new variants of Wallflowers fragrances. The Ohio-based company's marketing initiatives to position its products as ideal gifts and affordable luxuries, especially to a younger consumer demographic, also boosted sales. Bath & Body Works' steady performance comes at a time when uncertainty surrounding U.S. President Donald Trump's trade policies has boosted recession fears, prompting inflation-weary consumers to become more selective with discretionary spending. The company, unlike many of its peers, has been largely insulated from import tariffs as it sources the majority of its merchandise locally. Only about 10 per cent of its merchandise comes from China, with Canada and Mexico accounting for a combined 7 per cent. "We're effectively leveraging our predominantly U.S.-based supply chain to navigate the evolving trade environment and I'm confident in our ability to adapt to meet the consumer where they are with fragrance innovation and high-quality product at compelling price points as we move through 2025," CFO Eva Boratto said. Bath & Body Works' shares were up about 3 per cent in premarket trading following the results. The company posted profit of 49 cents per share for the quarter ended May 3, compared with analysts' average estimate of 47 cents per share, according to data compiled by LSEG. Its first-quarter sales rose 3 per cent to USD 1.42 billion from a year ago, in line with market expectations. The company maintained its annual net sales and profit forecasts .

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