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Dave’s Hot Chicken, which began in 2017, announced on Monday that it was acquired by private equity firm (and Subway owner) Roark Capital in a $1 billion deal.The chicken shop, which specializes in a hot, Nashville-style of the bird, expects to open 155 locations this year and end 2025 with 400 restaurants worldwide, according to […]

Morgan Stanley built its in-house AI tool to tackle a difficult coding problem: reworking old legacy code into more updated coding languages. Morgan Stanley introduced the AI tool, which is based on OpenAI’s GPT models, in January, per The Wall Street Journal. The tool, called DevGen.AI, translates code in older languages, such as Perl (released […]

Opinions expressed by Entrepreneur contributors are their own. I recently came across a job ad from a boutique U.S. agency that read: “If you prefer a clock-in, clock-out mentality, we’re not a good fit,” and“Specific work hours don’t matter when you’re hungry to grow.” I’ve been around the block enough to know what that really […]

Opinions expressed by Entrepreneur contributors are their own. It’s a natural instinct for woodpeckers to drill holes in trees primarily to search for food, create nesting cavities and communicate with others through drumming. Just like our feathered woodland friend, having that innate ability to peck away often against the odds is an ability that sets […]

Opinions expressed by Entrepreneur contributors are their own. When you take on the CEO role, you expect to face challenges, strategic pivots, competitive pressures, maybe even a recession or two. But nothing quite prepares you for your first real crisis. That moment came early in my tenure and centered around a well-defined, heavily populated market. […]

Disney is laying off several hundred workers, according to reports in the Wall Street Journal and Deadline. It’s the fourth and largest batch of cuts from the company in the last 10 months. Deadline reports that the majority of the cuts are from the company’s corporate financial operations and Disney Entertainment’s various divisions, including film […]

McKinsey consultants are using the firm’s proprietary AI platform to take over tasks that have traditionally been handled by junior employees. Kate Smaje, McKinsey’s global leader of technology and AI, told Bloomberg on Monday that McKinsey employees are increasingly tapping into Lilli, the internal AI platform the firm launched in 2023. While employees are permitted […]

Opinions expressed by Entrepreneur contributors are their own. It is natural to scale up quickly once your business is on track. Orders have increased, investors have shown interest, and markets have opened significantly. This moment feels like validation for many founders. However, if the speed of growth is not on track, it can damage the […]

For the past 26 years, JPMorgan has released a summer book list that caters to the interests of its high-wealth clientele. This year, a special committee looked at more than 1,000 reading suggestions from JPMorgan’s client advisors and came up with their 16-book list. Darin Oduyoye, chief communications officer for JPMorgan Asset and Wealth Management, […]