business
When most people think about entrepreneurship, they envision hoodie-clad coders building the next tech unicorn. My startup story? It began with dirty socks and a delivery van.My unusual passion began in my freshman year of college when I started running a laundry pickup and delivery service called Wake Wash. The…
As tariffs drive up the cost of imports and bite into household budgets, some American companies are amping up their secondhand offerings and avoiding the tariff question altogether.For Health Ceramics, a California-based pottery business with a relatively new resale program, this economic moment has brought a silver lining in the…
This as-told-to essay is based on a conversation with Ryan Frankel, a 36-year-old business owner in Miami. It has been edited for length and clarity.My primary business is Thrift Vintage Fashion, which I launched in 2020 with my wife, Evelyn. We supply secondhand clothing — mostly men’s wear, such as…
30-year-old Irene Ham had just poured $62,250 of savings into inventory for her new Korean cosmetics brand when President Donald Trump’s Liberation Day tariffs were announced on April 2.The shipment had been ordered but hadn’t arrived yet. She said her heart sank when she heard the news.”When the tariffs hit,…
I first met Mark Cuban on a red carpet for a movie premiere I was covering as a young entertainment host. At the time, Mark was already a recognizable figure — not just for selling Broadcast.com to Yahoo during the dot-com boom, but as one of the faces of that…
President Donald Trump is heading to the Middle East for the first international diplomatic trip of his second term, with plans to visit Qatar, Saudi Arabia, and the United Arab Emirates. His family business has expanding interests in all three countries.The Trump Organization, run by the president’s eldest sons Eric…
Alphabet life sciences unit Verily has officially sold its insurance business to Elevance Health, its CEO told employees last week, as the company continues to shed projects and focus on AI.In an April 30 memo to staff, which was seen by Business Insider, Verily CEO Stephen Gillett said Elevance’s acquisition…
Ken Griffin, the founder and CEO of Citadel, said he doesn’t think AI will revolutionize the investment business.”Do we use it in our investment business? A little bit, a little bit. I can’t say it’s been game-changing,” Griffin said in an interview that was published on the Stanford Graduate School…
Andy Jassy said he doesn’t have the “perfect answer” for CEOs as companies grapple with whiplash over tariffs — but he has some advice: “Stay focused.””You can get distracted by, you know, are there going to be tariffs? How high are the tariffs? Are there not going to be tariffs?…
A Biden-era DoD official is warning that trying to run the Pentagon like a business is a bad idea.Mara Karlin, who previously served as the Assistant Secretary of Defense for Strategy, Plans, and Capabilities, wrote in a commentary for Foreign Affairs that ignoring the harsh realities of how risk works…