Oct 12, 2018

The coming home-in-a-box revolution

Floor plans for an Italian farmhouse from the late 1800s. Photo: Getty Images

New technologies have transformed everything from the way we order food to how we track our exercise, but moving into a new home remains a massive headache.

The big picture: Imagine a future where you send the floor plans of your empty new apartment or house to a company. Then, as soon as later that day, delivery trucks arrive with mattresses, sofas, pillows, bar stools and sheets.

  • Casper, an online mattress company, has already popularized bed-in-a-box, with mattresses and bed frames designed to travel and assemble easily. CEO Philip Krim says the model could easily be scaled to outfit a shopper's whole house.
  • Wayfair, the online furniture retailer, earlier this year launched an e-design service that links interior designers to customers over the web. After shoppers have huddled with designers to pick out the best pieces for their homes, everything arrives pronto.

What to watch: In any e-commerce play, Amazon is unignorable. The behemoth has already launched a private-label mattress brand, and those who watch the industry expect it to ramp up its furniture offerings soon. Amazon responded to an email from Axios with this link.

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China tries to contain coronavirus, as Apple warns of earnings impact

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's NHC; Note: China refers to mainland China and the Diamond Princess is the cruise ship offshore Yokohama, Japan. Map: Danielle Alberti/Axios

As China pushes to contain the spread of the novel coronavirus — placing around 780 million people under travel restrictions, per CNN — the economic repercussions continue to be felt globally as companies like Apple warn of the impact from the lack of manufacturing and consumer demand in China.

The big picture: COVID-19 has now killed at least 1,775 people and infected more than 70,000 others, mostly in mainland China. There are some signs that new cases are growing at a slower rate now, although the World Health Organization said Monday it's "too early to tell" if this will continue.

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Apple will miss quarterly earnings estimates due to coronavirus

Apple CEO Tim Cook

Apple issued a rare earnings warning on Monday, saying it would not meet quarterly revenue expectations due to the impact of the coronavirus, which will limit iPhone production and limit product demand in China.

Why it matters: Lots of companies rely on China for production, but unlike most U.S. tech companies, Apple also gets a significant chunk of its revenue from sales in China.

America's dwindling executions

The Trump administration wants to reboot federal executions, pointing to a 16-year lapse, but Pew Research reports the government has only executed three people since 1963.

The big picture: Nearly all executions in the U.S. are done by states. Even those have been steadily dropping for two decades, per the Bureau of Justice Statistics (BJS) — marking a downward trend for all executions in the country.