Economy
A Pew Research poll in 2024 revealed that only 23% of Americans viewed the U.S. economy positively. However, data from the Bureau of Economic Analysis (BEA) painted a different picture, showing the economy grew from $27.72 trillion in 2023 to $29.17 trillion in 2024. With more income
Automotive
Rivian has finalized a $6.6 billion loan with the U.S. Department of Energy (DOE), marking a significant step in its plans to expand manufacturing operations. The loan, originally announced in November, will fund the development of a factory in Georgia, east of Atlanta. Construction is set to begin
Artificial Intelligence (AI)
OpenAI, known for its transformative AI technologies, has ventured into the world of protein engineering with a groundbreaking model capable of improving stem cell generation. This marks a significant step in AI’s role in advancing scientific discovery and a bold move toward OpenAI’s broader vision of artificial general
Business Insights
Joann Inc., the popular arts-and-crafts retailer, has filed for Chapter 11 bankruptcy protection for the second time. The 80-year-old company faces significant financial challenges, prompting a decision to seek a sale process to stabilize its operations. This filing highlights the ongoing pressures that have plagued the retailer despite prior restructuring
Business Insights
About two months ago, SemiAccurate stumbled upon a startling revelation: a confidential email outlining a company’s interest in acquiring Intel—entirely. While shocking at first glance, SemiAccurate had little doubt about the email's authenticity, but verifying the intentions behind it took time. The History: SemiAccurate’s Intel
Automotive
The Federal Trade Commission (FTC) has taken action against General Motors (GM) and its subsidiary OnStar for allegedly sharing customer data without consent. The move follows an investigation prompted by a report from The New York Times revealing that GM collected detailed information about customers' driving habits and sold
Business Strategy
Staying ahead in your market is both an honor and a challenge. As a visionary entrepreneur, your mission is to bridge the gap between groundbreaking ideas and market readiness, convincing clients, stakeholders, and employees to embrace your vision. When Businessolver entered the employee benefits technology market in 1998, they faced
Marketing
As the new year begins, it's the perfect time to evaluate your marketing strategy. What’s driving results? What’s falling flat? And, most importantly, what opportunities are you missing? One tactic that’s gaining traction but remains underutilized is direct mail automation. This powerful tool can turn
Funding
Bringing a groundbreaking idea to life often requires more than innovation—it demands the ability to convince others to join your mission. Whether you’re pitching investors, partners, or licensees, the key lies in presenting a compelling argument that addresses their concerns and inspires confidence. Here are 5 proven strategies
A generational wave is reshaping the entrepreneurial landscape as baby boomer business owners exit their companies in unprecedented numbers. Often referred to as the "Silver Tsunami," this transition represents the largest wealth transfer in history, creating unparalleled opportunities for entrepreneurs. With over 12 million small-to-mid-sized businesses owned by
Retail giant Kohl’s has announced plans to close 27 underperforming stores across 15 states by April. The move comes as the Wisconsin-based retailer works to address challenges in recent quarters, including what former CEO Tom Kingsbury described as "frankly disappointing" sales. Kingsbury stepped down from his role
Defense tech startup Anduril Industries has announced a major milestone: the construction of a sprawling weapons factory, Arsenal-1, in Columbus, Ohio. This billion-dollar project marks a significant leap forward for the company as it seeks to scale production of its cutting-edge autonomous surveillance and weapons systems. Massive Investment and Economic
Insight Partners has secured $12.5 billion for new software investments, marking the largest venture capital raise in over two years. This significant move comes as the tech market begins to rebound, with Insight positioning itself to capitalize on a higher caliber of startups seeking funding in 2025. A Strategic
As the race for AI supremacy heats up, Chinese startup MiniMax has unveiled three groundbreaking AI models: MiniMax-Text-01, MiniMax-VL-01, and T2A-01-HD. Backed by Alibaba and Tencent, MiniMax has raised $850 million in venture capital and is now valued at over $2.5 billion. These models position MiniMax as a formidable
With the rise of artificial intelligence and blockchain innovation, one might assume these innovations are reaching those who need them most. Yet, billions of people—the global majority—still lack access to basic financial services like savings, credit, and affordable money transfers. This exclusion leaves untapped trillions in economic power.
Stoke Space, a reusable rocket startup founded by former Blue Origin veterans Andy Lapsa and Tom Feldman, has raised an impressive $260 million in its Series C funding round. This brings the company’s total funding to $480 million, underscoring investor confidence in its ambitious vision to revolutionize space travel.
This week, Meta announced its purchase of 200 megawatts of solar energy from multinational electric utility Engie, reinforcing its commitment to renewable power. The deal adds to Meta’s already impressive portfolio of over 12 gigawatts of renewable energy, a critical move as the tech giant continues to expand its
Delegating effectively is a superpower in leadership. It’s not about offloading tasks; it’s about empowering your team while ensuring clarity and accountability. As the saying goes, "With great power comes great responsibility," and in delegation, that responsibility lies in how you communicate, support, and follow up.
In a historic leap for the U.S. semiconductor industry, Taiwan Semiconductor Manufacturing Co (TSMC) has commenced production of advanced four-nanometer chips at its Phoenix, Arizona facility. U.S. Commerce Secretary Gina Raimondo hailed the development as a transformative milestone for the country’s semiconductor capabilities, marking a pivotal moment
Nolan Bushnell, the founder of Atari, once remarked, “Everyone who has taken a shower has had an idea. But it is the people who get out of the shower, towel off, and do something about it that make the difference.” This sentiment captures a fundamental truth in business: success isn’
Entrepreneurial success is about more than just strategies and tactics—it’s about cultivating a mindset shaped by diverse perspectives. Certain books rise above the rest, redefining leadership, negotiation, and growth with profound insights. These 5 standout works, each unique in its approach, offer invaluable lessons for any entrepreneur. 1.
