planning
Brian Niccol, Starbucks’ CEO, said the company is considering a large expansion in the Middle East and China.The brand will open 500 new outlets in the Middle East in the next five years, he said.Starbucks’ sales in the Middle East have taken a hit due to boycotts over the war…
The State Department wants to buy $400 million worth of armored Tesla vehicles.The department’s procurement forecast for 2025 listed a five-year contract with Elon Musk’s company.Musk’s companies have received billions of dollars from government contracts and subsidies.The State Department is looking to buy $400 million worth of vehicles from Elon…
Steve Hsu, cofounder of AI startup SuperFocus, says that DeepSeek is an impressive company. His team is testing how DeepSeek models run with the SuperFocus system and plans to make the shift.Hsu finds that DeepSeek models are cheaper, faster, and more private.This as-told-to essay is based on a conversation with…
My family takes a big multigenerational vacation every summer.There are 21 of us, and it takes a lot of planning, but it’s worth it.I recommend planning some activities for the group but also setting aside time for nuclear families.Every summer during the week of the fourth of July, we take…
A 33-year-old planning to ‘coast’ into retirement explains how he calculated his ‘Coast FIRE’ number
Dexter Zhuang achieved Coast FIRE, meaning he doesn’t have to continue saving for retirement. He determined his ‘number’ using an online calculator that considers things like age and spending.Zhuang used conservative estimates for future expenses and is planning for potential family costs.Dexter Zhuang doesn’t have his eyes set on early…
Russia’s state-owned gas giant is mulling a sweeping cut to its managing staff in St. Petersburg.A letter from Gazprom’s board to its CEO suggested layoffs of 40% for its headquarters amid “challenges.”The letter said wages among managers had risen to nearly $500 million a year.Russian energy giant Gazprom is considering…
Dana Bull plans to optimize her real estate portfolio in 2025 rather than acquiring more properties.She aims to increase revenue by focusing on insurance, taxes, and renovation costs.With insurance costs on the rise, any investor can benefit from shopping around.Dana Bull isn’t looking to acquire any more properties in 2025.The…
Reid Hoffman said there’s a “greater than 50% chance” he’ll receive retaliation for backing Kamala Harris.The LinkedIn cofounder made the remarks on an episode of “The Diary of a CEO” podcast.Hoffman was one of the vice president’s most prominent Silicon Valley business supporters.Reid Hoffman, the billionaire LinkedIn co-founder and outspoken…
Ariana Grande opened up about her career plan for the next 10 years.While she said she’s “always going to do pop stuff,” she plans to focus more on her acting career.Navigating a career shift can be intimidating, but asking the right questions can help. Ariana Grande returned to her acting…
Chris Mott, a veteran, decided to retire at 57 after he became unemployed and couldn’t find a job.Mott and his wife sold their California home, downsized, and invested in a travel trailer.They have IRAs, savings accounts, and an investment portfolio to help during retirement. I’m a veteran who has worked…