Business News
Elon Musk Is Now the World’s First Trillionaire After SpaceX’s Record IPO
The biggest public debut in Wall Street history pushed the world's richest person across a milestone with 13 digits.
Jonathan Small is a bestselling author, journalist, producer, and podcast host. For 25 years, he has worked as a sought-after storyteller for top media companies such as The New York Times, Hearst, 91成人, and Cond茅 Nast. He has held executive roles at Glamour, Fitness, and 91成人 and regularly contributes to The New York Times, TV Guide, Cosmo, Details, Maxim, and Good Housekeeping. His Small Talk substack focuses on generational differences.
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Business News
Missed the SpaceX IPO? You May Already Be an Investor.
Missed Friday's record debut? You may already own a piece through your index funds 鈥 here's how to find out.
Buying a Franchise
KFC Asked a Bold Question: What Would the Colonel Build Today? Here’s the Surpising Answer.
This summer the chain opens a completely reimagined restaurant in Texas to test what the brand's next decade looks like.
Business News
The Real Winner of the NBA Finals? A Sneaker Brand You’d Never Expect.
OG Anunoby's game-winning play in Game 4 was made in Skechers 鈥 a brand that launched its first technical basketball shoe three years ago.
Business News
A Price War Is Brewing Between OpenAI and Anthropic 鈥 And It Could Make AI a Lot Cheaper for Your Business
OpenAI is weighing drastic cuts to what it charges for AI tokens. It expects Anthropic to do the same.
Buying a Franchise
They Just Opened Their 1,700th Cafe and Have 900 More Signed. Here’s the Strategy Fueling This $1.5 Billion Franchise.
Tropical Smoothie Cafe's secret is getting smoothie customers to also eat there.
Business News
She Paid Under $100 for a Thrift Store Painting. Google Gemini Helped It Sell for $254,000.
Helene Plotkin bought the painting in 1966 and loved it for decades. Her son's five-minute experiment with Google Gemini changed everything.
Business News
Forget Learning to Code. Meta Just Launched a $115 Million Program to Train Electricians and Plumbers.
The company is starting a 鈥渨orkforce academy鈥 to train workers to build the infrastructure of its data centers.
Business News
One Is a Poet. One Pleaded Guilty to a Felony. Here’s How the Second Wave of AI Billionaires Is Worth $59 Billion.
The latest wave of AI wealth isn't coming from chips or data centers. It's coming from founders who applied AI to old industries.
Buying a Franchise
KFC Went From Seven Straight Losing Quarters to Three Straight Winning Ones 鈥 Here’s the Recipe for Their Turnaround
To reinvigorate the company, KFC's new president, Catherine Tan-Gillespie, tried something unusual 鈥 she told customers the truth.
Business News
While the U.S. Fights Over Where to Put AI Data Centers, China Just Built One on the Ocean Floor 鈥 But How Safe Is It?
The $226 million structure sits 115 feet below the ocean and runs on wind power. Some scientists are questioning its impact on marine life.
Business News
Forget Golf. The Ultra-Wealthy Are Joining This Private Racetrack for $450,000.
Singer Drivers Club, outside of LA, is a members-only club where car enthusiasts can race their $3 million Porches and Ferraris.
Business News
The World Cup Is Days Away. So Why Can’t FIFA Sell Out Its Opening Matches?
According to FIFA, the World Cup is sold out. According to StubHub, it very much is not. Excitement is in the air, so what is going on?
Business News
A 26,000-Pound Truck Full of Doritos Is Heading to Walmart. Nobody Is Behind the Wheel.
PepsiCo's 41 autonomous trucks have hit a 99% on-time delivery rate with zero accidents. The Teamsters union is not happy about it.
Business News
After Two Years of Delays, Apple Finally Unveiled Its Completely Rebuilt Siri AI. Here’s What It Can Do.
Built partly on Google's Gemini technology, the long-anticipated new Siri takes direct aim at ChatGPT and Claude.
Business News
Someone Stole 1,000 Racks of Shake Shack’s Baby Back Ribs. It Almost Killed Their Hottest New Sandwich.
A truckload of ribs vanished in Mexico last month, nearly killing Shake Shack's newest menu item. The CEO says the chain almost ran out.
Buying a Franchise
He Gave Up Medical School to Make Better Ice Cream in His Parents’ Garage. Now He Has 16 Locations and $6.8 Million in Annual Sales.
Danny Golik built a machine named Lola that flash-freezes orders in under six minutes. CEO David Leonardo is now scaling it nationwide.
Business News
‘Chat Is Dead’: OpenAI Plans to Relaunch a Version of ChatGPT That Prioritizes Agents Over Answers
With an IPO looming in the future, the chatbot that started the AI boom is getting its biggest overhaul since its launch.
Business News
Are Billionaires Done Investing In AI Startups? Here’s the Surprising Thing They’re Betting On Instead.
Goldman Sachs says 25% of family offices already invest in sports. Another 25% want in. A $225 million pickleball deal explains why.
Business News
Kevin O’Leary Said Demands to Shrink His Utah Data Center Were ‘Outrageous.’ Now He’s Admitting He ‘Screwed Up.’
After facing fierce public opposition over environmental concerns, O'Leary agreed to cut the project's developed land by 75%.
Buying a Franchise
Arby’s Was Written Off. Then This Investor Rescued It. Now He Wants to Do the Same Thing for Pizza Hut.
The private equity firm circling Pizza Hut turned Arby's into a $20 billion empire. Now it wants another comeback story.
Business News
Airbnb’s Brian Chesky Passed on OpenAI 鈥 Now He’s Quietly Building His Own AI Company
The Airbnb founder has said AI chatbots aren't robust enough for the travel industry. So he's building a company to deliver what he needs.
Business News
US Tech Layoffs Hit a Two-Year High in May. But There’s a Catch: ‘The Labor Market Is Being Reshaped’
AI is the leading reason for job cuts, with 38,242 positions eliminated in May. But the full picture is more complicated than it looks.
Business News
Zoom and Google Already Had This Product. But He Built It Anyway and Hit $1.5 Billion: ‘Care More About Your Particular Problem’
Chris Pedregal built a $1.5 billion AI app in a market that Zoom and Google already owned. His secret had nothing to do with technology.
Buying a Franchise
McDonald’s Is Launching Its Biggest-Ever Global Campaign. The Secret Weapon Is a Paper Cup.
The Golden Arches are putting World Cup royalty on collectible cups to drive repeat traffic all summer long.
Business News
AT&T Has Been Hit With an Unexpected Crime Wave. The AI Boom Has Something To Do With It.
The AI boom is making one old-school commodity more valuable. Now companies are dealing with the costly consequences.
Business News
Elon Musk Has Made $992 Every Second of His Career 鈥 Here’s How the Numbers Break Down
The Wall Street Journal has put Elon Musk's $970 billion fortune into human terms, and the math is impossible to wrap your head around.
Business News
SpaceX Is About to Break the Biggest IPO Record in History With a $1.77 Trillion Valuation: ‘More Than Every U.S. IPO Combined in the Last Two Years’
Trading begins on the Nasdaq next week under the ticker SPCX, and Anthropic and OpenAI are already warming up in the on-deck circle.
Buying a Franchise
McDonald’s Rolls Out a New Growth Plan As Rivals Close In: ‘There Is No Such Thing As Second Place’
After four straight quarters of growth, McDonald's is still reinventing its menu, stores and drive-thru to keep up with the competition.
Business News
Florida Is Suing Sam Altman and OpenAI Over Public Safety Risks: ‘People Are Getting Hurt’
The Sunshine State is the first to sue OpenAI and hold its CEO personally liable, painting a damning picture of the AI arms race.
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