Category: Business

  • AI is contained in the operations, and behind CEO desk, at small companies

    AI is contained in the operations, and behind CEO desk, at small companies

    It’s no secret that large corporations are using generative artificial intelligence to get ahead — but many small businesses are finding ways to use this technology to their advantage, too. To be clear, there’s still a large chunk (43%) of small businesses that have never even considered using gen AI in their operations, according to…

  • Chuck E. Cheese makes comeback after chapter

    Chuck E. Cheese makes comeback after chapter

    Chuck E. Cheese’s parent company has spent $230 million renovated its stores. Source: CEC Entertainment Four years after exiting bankruptcy, Chuck E. Cheese is making a comeback, thanks to a dramatic makeover to introduce its games and pizza to a new generation. In June 2020, just as some states began lifting their pandemic lockdowns, Chuck…

  • Treasury delays deadline for small companies to file new BOI kind

    Treasury delays deadline for small companies to file new BOI kind

    Janet Yellen, U.S. Treasury secretary, on a tour of the Financial Crimes Enforcement Network (FinCEN) in Vienna, Virginia, on Jan. 8, 2024. Valerie Plesch/Bloomberg via Getty Images The U.S. Treasury Department has delayed the deadline for millions of small businesses to Jan. 13, 2025, to file a new form, known as a Beneficial Ownership Information…

  • Horse racing set for a resurgence within the U.S.

    Horse racing set for a resurgence within the U.S.

    Horse race At the harness racing week on the Freehold Raceway in New Jersey: a reverse race with the sulky fixed in front of the horse – 1930. Robert Sennecke | Ullstein Bild | Getty Images America’s oldest horse racetrack is closing after running its last race on the final weekend of 2024.  Freehold Raceway…

  • Utah Center college college students studying to assume like Shark Tank founder

    Utah Center college college students studying to assume like Shark Tank founder

    Student Team Just Right Clothing from Draper Park Middle School answer judges’ questions about their product. Clara Jensen @clarajensnpictures Getting funding from investors for a startup is a major challenge for most founders, including sixth graders from Draper Park Middle School, located in the Draper suburb of Salt Lake City, Utah, who are learning how…

  • Nike (NKE) earnings Q2 2025

    Nike (NKE) earnings Q2 2025

    Customers shop at a Nike store in an outlet mall in Los Angeles, Nov. 8, 2024. Frederic J. Brown | Afp | Getty Images Nike’s turnaround will take a bit longer than expected under new CEO Elliott Hill, who outlined his strategy to return the company to growth on Thursday after the retailer blamed deep…

  • Contained in the rise of Salt Lake Metropolis’s ladies entrepreneurs

    Contained in the rise of Salt Lake Metropolis’s ladies entrepreneurs

    This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies, and employees. Fewer than 15% of businesses in Salt Lake City, Utah, are owned by women, one of the lowest reported proportions in the United States,…

  • Activist Barington takes purpose at Macy’s, seeks spending, real-estate fixes

    Activist Barington takes purpose at Macy’s, seeks spending, real-estate fixes

    People walk past the Macy’s Herald Square flagship store on November 29, 2024 in New York City.  David Dee Delgado | Getty Images Activist investor Barington Capital revealed Monday it has a position in Macy’s and wants the company to cut spending, explore selling its luxury brands and take a hard look at its real estate portfolio. It marks the fourth…

  • Trump-election bump: Small enterprise confidence surges

    Trump-election bump: Small enterprise confidence surges

    Scholars and political strategists have long observed a tendency among voters to seek change in leadership during periods of economic hardship, a phenomenon rooted in the belief that new leadership may offer solutions to pressing economic challenges. Our recent quarterly polls have highlighted small business owners’ concerns about inflation and other difficulties faced during the Biden…

  • Nordstrom (JWN) earnings This fall 2024

    Nordstrom (JWN) earnings This fall 2024

    Nordstrom on Tuesday beat Wall Street’s quarterly sales expectations, as revenue grew about 4% year over year from shoppers buying clothing, shoes and activewear at both the company’s namesake department store and its off-price chain. Yet despite its better-than-expected quarter, the Seattle-based retailer gave only a slightly rosier full-year sales forecast — taking a conservative…