Business News

Elizabeth Holmes went to Burning Man, torched an effigy for Theranos, then spent 6 months living in an RV while prosecutors built a case against her for fraudulent business practices

Former Theranos CEO Elizabeth Holmes on November 18, 2022 in San Jose, California.Justin Sullivan/Getty Images In her first interview since 2016, Elizabeth Holmes told NYT her perspective on her fraudulent business. Once the company dissolved, she burned an effort for Theranos, then lived in an RV for six months. The former CEO said she experienced “an incredible sense of grief” over her business failings. You became the world’s youngest self-made female billionaire based on your fraudulent blood-testing business venture, only to have your house of cards collapse. You are facing prison. What do you do? You go to Burning Man.…
Business News

Saskatchewan among the world’s top 3 regions for mining investment

Breadcrumb Trail Links News Executive Summary Executives Three provinces make the top 10, according to Fraser Institute Published May 05, 2023 • Last updated 20 hours ago • 4 minute read An employee of Sayona Quebec in front of a lithium deposit at the company’s North American Lithium Complex in La Corne, central Quebec. Photo by MATHIEU DUPUIS/SAYONA/AFP via Getty Images files Article content Saskatchewan is the world’s third-most attractive region for mining investment, topped only by Nevada and Western Australia, according to the Fraser Institute’s latest Annual Survey of Mining Companies. Advertisements 2 This advertisement has not been loaded…
Business Plan

OpenAI previews business plan for ChatGPT, launches new privacy controls

OpenAI says that it plans to introduce a new subscription tier for ChatGPT, its viral AI-powered chatbot, tailored to the needs of enterprise customers. Called ChatGPT Business, OpenAI describes the forthcoming offering as “for professionals who need more control over their data as well as enterprises seeking to manage their end users.” “ChatGPT Business will follow our API’s data usage policies, which means that end users’ data won’t be used to train our models by default,” OpenAI wrote in a blog post published today. “We plan to make ChatGPT Business available in the coming months.” OpenAI previously telegraphed that it…
Small Business

Opinion: Pandemic symptoms still haven’t passed for small businesses, CFIB’s Kelly says

Last Friday, the World Health Organization declared an end to the COVID-19 “global health emergency.” From Dan Kelly’s view, an awful lot of Canadian small businesses still look pretty sick. “It is really worrisome right now,” said the president and chief executive of the Canadian Federation of Independent Business (CFIB), the national small-enterprise lobby group representing nearly 100,000 members. “Small businesses are really struggling to get back to normal.” While the Canadian output and employment surpassed pre-COVID levels about a year-and-a-half ago, CFIB surveys show that sales at roughly half of small businesses are still below their norms before the…
Business Marketing

‘Dapper’ chef will ride a bike in a 3-piece suit and luxurious silk bow tie. Here’s why

All David C. Felton ever wanted to be a really good chef. “The best.” From all appearances, the 46-year-old Fanwood resident had succeeded. Felton was voted Food & Wine’s Best New Chef (People’s Choice) in 2011; his cooking at the legendary Ninety Acres in Peapack-Gladston earned him a place on New Jersey Monthly’s annual Top Restaurants list 7 out of the 8 years he served as executive chef; and his culinary skills led to an “excellent” rating from the New York Times when he headed the kitchen at the fine-dining restaurant Pluckemin Inn in Bedminister. He also helped launch Hudson…
Business News

Calgary apartment tower sale bet on tight Canadian housing market

Article content Hines, a real estate company with nearly US$96 billion in assets under management, is pitching international investors on a Canadian apartment building deal as a way to bet on the country’s tight housing market. Article content The US firm is seeking to sell a 462-unit rental building in Calgary after completing construction nearly three years ago, with the expectation it will fetch around $200 million, according to Avi Tesciuba, head of Canadian operations at Hines. Article content Rents in Canada climbed last year as a longstanding shortage of housing was met with a record amount of immigration. Meanwhile,…
Business Marketing

Bud Light to spend ‘heavily’ on marketing after Dylan Mulvaney controversy: report

Anheuser-Busch is reportedly planning a major marketing push for Bud Light as the beer giant scrambles to recover after the brand’s partnership with transgender influencer Dylan Mulvaney prompted a boycott from conservative drinkers. Bud Light has faced intense backlash from longtime customers over its recent campaign with transgender activist Dylan Mulvaney. Benj Steinman, editor of Beer Marketer’s Insights, told the New York Post that Anheuser-Busch executives informed distributors this week in a closed-door meeting in Washington, DC, that the company will “spend heavily on the brand after spending fell off a cliff last year.” BUD LIGHT’S DYLAN MULVANEY CAMPAIGN AN…
Business Plan

Video game advertising venture wins big at Washington State University’s 20th annual Business Plan Competition

y255 venture team wins Herbert B. Jones Foundation $15,000 grand prize at 20th annual WSU Business Plan Competition “Interest in, and access to, entrepreneurial learning is growing at WSU and throughout our region. That is clearly evident by the diversity represented in this year’s venture teams and their business ideas.” PULLMAN, Wash. (PRWEB) April 28, 2023 Innovative business software solutions and mobile app technology for social good were collective themes presented at Washington State University’s 20th annual Business Plan Competition Thursday, April 27. y255 was the big winner, walking away with the Herbert B. Jones $15,000 grand prize. y255,…