Author: Daniel snow

Apparently, convincing your friends to sell chicken can pay off — big.At 24, Arman Oganesyan was making $50 a night as a stand-up comedian with no restaurant or business experience when he pitched the idea of selling Nashville hot chicken to his childhood friends Dave Kopushyan and Tommy Rubenyan. Pooling $900 in savings, they launched Dave’s Hot Chicken in 2017 as a pop-up in a Los Angeles parking lot.On Monday, private equity firm Roark Capital bought a majority stake in Dave’s Hot Chicken, which is now a franchise business with more than 300 locations, in a deal worth “pretty close”…

Businesses are fleeing Portland, which spells trouble for the city’s budget. Here’s what needs to be done to turn things around. Source link

The U.S. economy slowed to a crawl in May, with consumers pulling back on spending and businesses delaying hiring, according to the Federal Reserve‘s Beige Book survey released Wednesday. Source link

A store closing sign is displayed as customers shop during the last day of a store closing sale at a JOANN Fabric and Crafts location in a shopping mall following the company’s bankruptcy in Torrance, California on May 27, 2025. Patrick T. Fallon | Afp | Getty ImagesThe U.S. economy contracted over the past six weeks as hiring slowed and consumers and businesses worried about tariff-related price increases, according to a Federal Reserve report Wednesday.In its periodic “Beige Book” summary of conditions, the central bank noted that “economic activity has declined slightly since the previous report” released April 23.”All Districts…

Deep down, you know that, but putting productivity into action requires discipline. Source link

Republican Sen. Ron Johnson on Wednesday blasted President Donald Trump’s “one big, beautiful bill” as “immoral” and “grotesque,” and reiterated that he will vote against it unless his GOP colleagues make major changes.”This is immoral, what us old farts doing to our young people,” Johnson said on CNBC’s “Squawk Box” after sounding alarms that the massive tax-and-spending-cut bill would add trillions of dollars to national deficits. “This is grotesque, what we’re doing,” Johnson said. “We need to own up to that. This is our moment.””I can’t accept the scenario, I can’t accept it, so I won’t vote for it, unless…

Using AI at the office can provoke strong reactions, and that may not be good for your business culture. Source link

As more parts of the world face intense drought, new technologies are emerging to clean and reuse existing water. Investors are seeing potential for big profits.Water treatment is expensive. It uses a lot of energy and produces its own waste that gets disposed of at a hefty price. Capture6, a startup in Berkeley, California, says it’s developing a solution, and one with an added benefit to the environment. Capture6’s technology repurposes industrial and water treatment waste, generating clean water and capturing carbon dioxide from the atmosphere.”That combination of water treatment, brine management, and carbon capture all at once is part…

Mateusz Slodkowski | Lightrocket | Getty ImagesReddit is suing artificial intelligence startup Anthropic for what it’s calling a breach of contract and for engaging in “unlawful and unfair business acts” by using the social media company’s platform and data without authority.This is breaking news. Please refresh for updates. Source link

The National Weather Service will rehire for some DOGE-slashed jobs as hurricane season nears, while critics fault the billionaire’s apparent conflicts of interest from his government work. Source link