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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
Entrepreneurship
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
Business Insights
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
Military & Defense
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
Funding
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
Artificial Intelligence (AI)
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
Finance
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.