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Ex-Abercrombie CEO Mike Jeffries Arrested for Sex Trafficking
The former CEO of Abercrombie & Fitch, Mike Jeffries, 80, was arrested Tuesday with two other associates. Jeffries is accused of one count of sex trafficking plus 15 counts of interstate prostitution.“As alleged in the indictment, former CEO of Abercrombie Michael Jeffries, his partner Matthew Smith and their recruiter James Jacobson used their money and […]
How NYU’s Scott Galloway Uses AI on the Job, How You Can Too
NYU Stern professor and serial entrepreneur Scott Galloway says “AI is not going to take your job” — but people who know how to use it might. In an episode of the Masters of Scale podcast, which aired earlier this month, Galloway advised anyone who thinks their job might be at risk of automation to […]
EY Fires Dozens Over ‘Cheating’ on Online Courses
The Ernst & Young (EY) Ignite Learning Week in May offered employees at the consulting and strategy firm a chance to upskill by taking online courses like “Conversing with AI, one prompt at a time” and “How strong is your digital brand in the marketplace?” However, a report from The Financial Times revealed an unexpected […]
How Marc Murphy Balances TV Fame and Culinary Roots
Opinions expressed by Entrepreneur contributors are their own. For celebrity chef Marc Murphy, food is more than a career — it’s a way to care for others. Murphy, who built a name for himself through restaurants and appearances on shows like Food Network’s Chopped, is driven to create opportunities for his team. The food business […]
2 Ways to Declutter Your Day and Unleash Creative Freedom
Opinions expressed by Entrepreneur contributors are their own. As an entrepreneur, it can be difficult to navigate the responsibilities of running a business while still leaving room for creativity. The everyday responsibilities of running a business can overwhelm your bandwidth and hold you back from innovation. Here are two strategies to help you snip the […]
AI Startups Raised $2.9 Billion in Three Months—Here’s Why
OpenAI recently secured $6.6 billion in funding at a valuation of $157 billion, but it’s far from the only AI company with high fundraising potential. Investors poured $2.9 billion from July to September (Q3) of 2024 into the latest U.S.-based AI startups, per PitchBook data. The three startups in the U.S. that received some of […]
You Want to Grow Your Business — But Do You Have a Plan? Here Are The Proactive Steps You Need to Take to Succeed.
Opinions expressed by Entrepreneur contributors are their own. Across industries, there’s a lot talk about the importance of a “growth mindset” for entrepreneurs and managers of established businesses. There are countless studies out there — such as this one presented by Harvard — that highlight how companies focusing on growth through innovation and investment often […]
How I Started a Passive Income Business Earning $500,000
This as-told-to story is based on a conversation with Zach Downey, owner and CEO at Distinctive Vending, which operates cotton candy machines in high-traffic locations such as resorts and amusement parks. As a college student at James Madison University, Downey was approved to put a pizza vending machine on campus when a funding issue derailed […]
3 Ways AI is Improving Workflow Processes
Opinions expressed by Entrepreneur contributors are their own. The rise in artificial intelligence (AI) in the franchising world may seem like a fairly recent phenomenon, but it first began to have a noticeable impact on the industry five years ago. Since that inflection point, AI technologies have rapidly matured in areas like machine learning, data […]