News and Trends

Business News

Gen Z Workers Can Make $34,400 a Month Interning at This Wall Street Firm — And Housing Is Free

The median U.S. worker would have to work about two months to make what these interns take home in a week.

By Sherin Shibu

Buying a Franchise

He Grew Up Eating at Hot Dog on a Stick. Decades Later, He Bought the Struggling Chain for $8 Million: ‘It’s a Diamond in the Rough’

After shrinking from more than 100 locations to 44, the 80-year-old franchise has a new owner with plans to move beyond the mall.

By Jonathan Small

Business News

Wealthy Households Are Paying Employees in This Growing Profession $300,000 a Year: ‘Name Their Price’

The wealthy are seeking out household staff to help manage their lives.

By Sherin Shibu

Business News

This Venture Capitalist Is Paying a Record $9.6 Billion for an NFL Team

Billionaire Vinod Khosla has to give up his stake in the 49ers to close the deal, and NFL owners still have to approve.

By Jonathan Small

Business News

Getting Hired at This Company Is Harder Than Getting Into Harvard

Italian startup Bending Spoons received 800,000 job applications last year. It hired only 286 people.

By Jonathan Small

Business News

AI Is Taking Over This Crucial Part of the Recruiting Process: ‘It Was Very Realistic.’

Employers are considering more candidates than ever thanks to AI.

By Sherin Shibu

Business News

He Got Laid Off and Made a TikTok Video As a ‘Joke.’ Six Years Later, He Has a Following of Millions: ‘I Didn’t Think There Was a Demand for This’

Creator Mamadou Ndiaye on obsession, opportunity cost, and how he grew "Casual Geographic" ainto a massive brand.

By Dan Bova

Business News

Starbucks Is Reducing Its Reliance on Big Tech. Here’s What Businesses Can Learn From the Move.

The coffee chain is experimenting with creating its own software.

By Sherin Shibu

Business News

This Costco Cashier Started Gathering Carts in the Parking Lot for $5.85 an Hour. Now He’s a Millionaire: ‘This Is My Calling’

Tony Barzar has worked at Costco for 40 years. That loyalty has paid off big time for his family's finances and health.

By Jonathan Small

Business News

Google Just Broke the Biggest Search Record in Its History Thanks to This One World Cup Moment

AI chatbots were supposed to render Google Search extinct. But Argentina and Lionel Messi had something to say about that.

By Jonathan Small

Buying a Franchise

Jersey Mike’s Started As a Single Sandwich Shop. Now It Says It Can Become a 15,000-Location Giant.

The franchise says it has room for 15,000 restaurants worldwide as it prepares to go public following its acquisition by Blackstone.

By Jonathan Small

Business News

Americans Are Skipping College for No-Degree Jobs That Pay More Than $100,000 a Year

The average tuition for four-year colleges has doubled over 30 years.

By Amanda Breen

Business News

Amazon’s Alexa Ambition Comes at a Steep Cost: ‘Killed My Fish’

There are 600 million active Alexa devices.

By Sherin Shibu

Buying a Franchise

Taco Bell Is Replacing Drive-Thru Workers With AI. Why Are Employees Happy About It?

Taco Bell's voice AI is now taking drive-thru orders. The employee response is nacho what you think.

By Jonathan Small

Business News

Smucker’s CEO Said Buying Twinkies ‘Tastes Like Growth.’ Three Years Later, It Tastes Like a $5 Billion Mistake.

The jam giant thought it was buying a snack empire. It didn't realize that Twinkies last 65 days — a small fact that would cause big problems.

By Jonathan Small

Business News

What’s the ‘Mini Effect,’ and How Are Brands Like Trader Joe’s Cashing In?

From tiny canvas Trader Joe's bags to pint-sized versions of Lowe's plastic bucket, brands are shrinking popular items for the "mini effect."

By Jonathan Small

Business News

AI Startups Hire a Specific Type of Employee. Do You Fit the Mold?

Research shows that AI startups are forming smaller teams with less hierarchy.

By Sherin Shibu

Business News

Google Paid Him $986,000 in a Single Year. Here’s Why He Still Left: ‘Life-Changing Money’

Nearly $1 million in pay wasn’t enough to keep this former Google employee at the company.

By Sherin Shibu

Buying a Franchise

He Left TGI Fridays to Run a Small Breakfast Franchise. Now It’s the Biggest in the Country.

Under CEO Ricky Richardson, Eggs Up Grill has quadrupled in size — and become the largest actively franchising breakfast brand in U.S.

By Jonathan Small

Business News

Mark Zuckerberg Took a Work Call on a Jet Ski — Here’s Why No One Noticed

Zuckerberg credits an $800 product with changing the game for him on work calls.

By Sherin Shibu

Business News

While Every Automaker Is Going Bigger and Pricier, Fiat Is Offering a $14,000 Electric Car that Goes 25 MPH Max

Fiat just launched a 1,000-pound electric car with no air conditioning, a top speed of 25 mph and ropes instead of doors.

By Jonathan Small