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Opinions expressed by Entrepreneur contributors are their own. Picture it: You own a hotel. It’s 2 a.m., and you’re wrapped in the comforting warmth of your bed, but a potential customer is online on the other side of the world looking to book a room. For them, it’s lunchtime, and they’re looking for accommodations for their […]
Photo: Stokkete (Shutterstock) In case you haven’t choked on your own gasps after seeing the price of bacon recently: Groceries are expensive right now. The US Bureau of Labor Statistics recently reported that “food prices increased 7.9% for the year ended February 2022, the largest 12-month advance since July 1981.” That’s the highest rate of […]
Text size A cyclist rides past an AMC theater in San Francisco in the spring of 2020. Justin Sullivan/Getty Images Even stocks are back on the menu. Shares of AMC Entertainment Holdings , GameStop , and Bed Bath & Beyond leapt Monday in a resurgence of the frenzied buying that took them through the roof […]
SAN JOSE, Calif.—Ramesh “Sunny” Balwani was not in charge at Theranos Inc., and the blood-testing company was neither his idea nor his creation, his attorney told a jury Tuesday as the second criminal-fraud trial involving the defunct Silicon Valley startup got under way. The responsibility for the rise and fall of Theranos rests on founder […]
Text size Uncredited Earnings highlights this week include Nike on Monday, Adobe on Monday, General Mills on Wednesday, and Darden Restaurants on Thursday. Nvidia will hold an investor day on Tuesday and Moderna will host an event Thursday to discuss its vaccine pipeline. Economic data out this week will include the Census Bureau’s new-home sales […]
Last November, Howard Schultz traveled to Buffalo, NY, with a message to workers considering forming a union: Starbucks SBUX 2.21% would do the best job looking out for employees’ interests. During an hourlong speech delivered without notes, Mr. Schultz, Starbucks Corp.’s former leader, appealed to employees to work together with management. “Our core purpose and […]
The top gambling regulator in Nevada on Thursday delayed MGM Resorts MGM -0.55% International stakeholder Barry Diller’s licensing after federal authorities launched insider-trading investigations into his share purchases of Activision Blizzard Inc. Nevada Gaming Commission Chairwoman Jennifer Togliatti in a public meeting ordered that Mr. Diller’s application to be in the casino industry undergo “further […]
Howard Schultz is returning to lead Starbucks Corp. SBUX 5.16% for a third time, saying the company he helped become the world’s largest coffee chain needs to reinvent itself once more. Mr. Schultz, who built Starbucks from a handful of Seattle-based coffee shops to a global giant before retiring as executive chairman in 2018, will […]
Disney’s overpriced “Star Wars” Galactic Starcruiser hotel, which only has 100 rooms, is nowhere near selling out, according to the availability calendar on its website. Guests have their pick of dates through the second half of 2022 to stay in the hotel, which has rooms for between $5,000 and $20,000 for a “tricked out” suite. […]
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