Enterprise

Gold Rush at Costco: Wells Fargo Estimates Gold Bars Revenue as Much as $200 Million Monthly

Gold Rush at Costco: Wells Fargo Estimates Gold Bars Revenue as Much as $200 Million Monthly

Costco has found a lucrative venture in selling gold. Analysts at Wells Fargo estimated monthly sales to reach as much as $200 million.


Jessica Alba Steps Down From The Honest Company 12 Years After Founding the Firm

Jessica Alba is stepping down as chief creative officer at The Honest Company, the baby products and personal care business she founded in 2021.

99 Cents Only Files for Bankruptcy as Stores Are Closing Down for Good

Discount retailer 99 Cents Only filed for Chapter 11 bankruptcy protection on Sunday. Discount retailer 99 Cents Only filed for Chapter 11 bankruptcy protection on Sunday after announcing that it would close all of its 371 stores across the United States.

Disney CEO Bob Iger Shifts Focus to Succession Planning After Nelson Peltz's Failed Proxy Attempt

Disney CEO Bob Iger labels the proxy battle with Nelson Peltz a "distraction," as they now move to select the next CEO while Peltz denies personal vendetta.


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Sangam Sangameswara, Founder and CEO of RightSense AI
RIGHTSENSE AI is dedicated to bringing the practical advantages of Generative AI, Large Language Models (LLMs), RAG and beyond, to businesses that constitute 43.5% of the US GDP, but that often lack the resources to harness recent advancements in AI to boost their overall efficiency and effectiveness.
Philip Morris International plans to debut its IQOS heated tobacco device in Austin, Texas, as it focuses on healthier alternatives amid declining cigarette sales.
The Baltimore Bridge collapse halted Port operations, disrupting supply chains. With thousands of jobs at risk, fears rose over consumer goods prices.
After being notified of an arrest warrant against him, a former CEO of Steinhoff was found dead in what authorities suspect to be a suicide.
Wetherspoon's profits surged eightfold to £36 million in the first half of the financial year, driven by resilient sales amidst Covid recovery; expansion plans outlined.
The Cannon
The Cannon is a community dedicated to supporting innovators, entrepreneurs, small businesses, investors, and service providers. It aims to foster connections and provide resources to help individuals and organizations thrive.
Joann Fabrics, a stalwart in the industry for 80 years, faces bankruptcy due to overwhelming debt. However, with new financing, it aims for a swift restructuring to maintain operations.
Major supermarkets in the United States, including Walmart and Target, are reevaluating self-checkout systems due to efficiency and security concerns.
Home Depot unveiled on Thursday its plan to open four new distribution centers explicitly designed for the needs of remodelers, contractors, and other home professionals.
Fred Schonenberg, Founder and CEO VentureFuel
Enterprise organizations are routinely seeking new ways to drive transformation. Recently, market conditions have created a disproportionate advantage for corporates to pursue this transformation by partnering with startups for mutual benefits. The VC ecosystem is more risk-averse, demanding validation of startups' business models via product-market fit, profitability, and commercialization.
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