Author: Editor

The first toy Ronnen Harary sold was a sawdust-filled head, covered with a nylon stocking, and sprinkled with grass seed. When watered, the seed grew to look like hair.Today, the company he cofounded in 1994 has grown from selling a single product to representing some of the hottest toy brands and generating $2.1B in revenue last year.How did he do it?According to Harary in his new book, “No Experience Necessary,” that’s the wrong question to ask.”If any aspiring entrepreneur out there wants to learn from and emulate my success, the important thing to know is not how I did it.…

For the past five years, my husband and I have spent several months each year living with his 85-year-old mom.Since he and I both work remotely and don’t have any children or pets, we make the most of our freedom by choosing to spend a lot of time with his mom while we can. After all, our home base is in Los Angeles, on the other side of the country, so we like to make the most of our time together when we can. Many people might assume this unconventional living arrangement would leave us without privacy or even put…

A detail view of cans of Celsius, a sparkling energy drink, on ice before a game between the Maryland Terrapins and the Nebraska Cornhuskers at SECU Stadium on October 11, 2025 in College Park, Maryland. Aaron M. Sprecher | Getty ImagesThe billionaire founder of Rockstar Energy has purchased millions of shares of Celsius Holdings and is calling for the ouster of that company’s CEO after its earnings miss this week.Russ Savage now controls more than 12 million shares of Celsius, he told CNBC. Celsius markets its energy drinks to athletes and other health-conscious consumers and has exploded in popularity in…

Michael Burry says he’s shorting Oracle and Nebius, two companies that are betting big on the AI boom.The investor of “The Big Short” fame said in a Substack post on Thursday that while researching the fourth part of a series titled “The Heretic’s Guide to AI’s Stars,” he’d shorted the two stocks “because my work just wouldn’t let me continue without doing so.”Writing broadly about AI companies, Burry compared them to fish in a barrel.”The fish have gorged themselves on off-balance sheet liabilities. Backstops. Uncommenced leases. Purchase commitments,” he wrote. “The fish have gotten very fat, very large, easy to…

We spent eight years planning our move to Japan.On paper, we had it covered: visas, schools, finances, healthcare, and even a grasp of the local language. While we mapped out every logistical detail before leaving New Zealand, I now realize our preparation focused entirely on getting here smoothly, rather than the realities of actually living here.Looking back, there are still things I wish we’d done before boarding our one-way flight to Japan in 2023.We should’ve explored more of Japan I hadn’t considered moving to Kobe when I first visited.  Kerri King Before moving, we visited Japan three times between 2015…

Some McDonald’s customers told us they don’t see value in the Golden Arches value menu.That’s a top concern for CEO Chris Kempczinski, who said the chain botched the rollout of a new low-cost menu.The menu, featuring 10 items priced under $3 each, was launched as McDonald’s simultaneously cut back on its digital discounts, upsetting some of its loyal customers.”That ended up being a bad trade,” Kempczinski said on this week’s earnings call.So what are customers looking for? BI’s Alex Bitter and Katherine Li decided to run a little survey of our own to hear from folks about where the Golden…

An unusual boost is showing up in some corporate earnings this summer: tariff refunds. Nintendo became the latest beneficiary of the boost on Thursday, reporting net profit of 147.4 billion Japanese yen, or $931 million, for the quarter ending June, up 54% from a year earlier and handily beating analyst expectations of 77.8 billion yen. Revenue fell about 10% to 517.8 billion yen, but still came in above expectations.Tariff refunds were a major contributor: The Kyoto-based maker of the Switch 2 said it recorded a $300 million tariff refund that had previously been recorded as cost of sales.Strong software sales,…

United Airlines Polaris lounge in ChicagoUnited AirlinesCHICAGO — No advanced seat selection, lounge access or flight changes included with a C-suite executive’s business-class ticket? Absolutely not, some companies say.Delta Air Lines joined United Airlines last month in launching stripped-down business class fares for certain flights, taking the same approach they used to carve up coach class to their more expensive cabins as carriers get customers to pay more for perks in the sky. That’s a new headache for companies’ business travel mangers.AerSale — which leases aircraft and engines and offers maintenance and other services — likely won’t block basic premium…

After roughly three decades at PwC, senior partner and US CEO Paul Griggs said he still isn’t above criticism.He’s also not exempt from changing his mind based on feedback he gets from across the firm. Griggs said he appreciates working at a company where leaders aren’t afraid to change their minds in response to feedback. This is part of a series of stories from Business Insider’s conversation with PwC US CEO Paul Griggs. To be alerted when the next piece publishes, follow reporter Ana Altchek here. For example, Griggs said he’s “a big believer in the power of communication without…

Free the knee? Our readers want the knee locked away.Instagram boss Adam Mosseri recently came out as “pro” shorts in the workplace. He said that it was a “hot debate” in the Instagram office, though “not all shorts are created equal” and not everyone can “pull them off.”We posted the question to our readers on LinkedIn: Do you think it’s appropriate to wear shorts to the office? Over 7,000 people have cast their vote so far.As of Friday morning, the majority of respondents, 54%, said no, compared to 20% who voted yes. Another 25% of respondents said “it depends.”The survey…