Built In

1 week ago | builtin.com | Abel Rodriguez

Electric passenger vehicles are becoming more common and soon all-electric rail systems may follow. Recently, Parallel Systems, a company developing automated and battery-electric railcars, gained Federal Railroad Administration, or FRA, approval and additionally secured $38 million in Series B funding. The round was led by Anthos Capital and included participation from Collaborative Fund, Congruent Ventures and Riot Ventures.

1 week ago | builtin.com | Jeff Rumage

A performance improvement plan is a management process that aims to improve an employee’s poor performance. The plan specifies how an employee has fallen short of expectations, and it outlines specific steps the employee must take to remain in their role. What is a Performance Improvement Plan? A performance improvement plan outlines objectives an underperforming employee must meet to keep their job.

2 weeks ago | builtin.com | Brooke Becher

Image: Joshua Sukoff / Shutterstock On April 9, the third wave of Trump’s protectionist trade policies were set to take effect — until they weren’t. Hours after a series of global tariffs took effect, Trump announced a 90-day pause as well as “substantially lower” taxes for at least 75 trading partners who did not retaliate and have expressed interest in negotiating terms. The harsh 104 percent levy imposed on China imports, however, jumped to 125 percent — effective immediately.

2 weeks ago | builtin.com | Taylor Rose

If companies want to make the most of their strategic technology investments, they must prioritize fostering strong cultures of innovation. According to a recent McKinsey Global Survey on digital strategy and investment, companies that embed innovation into their operating models and workplace culture see tangible business outcomes including generating greater value, gaining a competitive edge in the marketplace and achieving long-term growth. They also have more invested and engaged employees.

2 weeks ago | builtin.com | Jeff Rumage

Image: Marko Aliaksandr / Shutterstock A crypto bubble is when investors push crypto prices to exorbitant highs that are not tethered to technological innovation, practical use cases or other market fundamentals. The crypto market has gone through several of these boom-and-bust cycles where investors’ excitement, greed and fear of missing out whips the market to frothy new heights only for it all to unravel in bankruptcies, scams and lawsuits. What Is a Crypto Bubble?