Author: Editor

A top executive at Ducati who spent more than 20 years at the company said three things set him up for leadership success. Loading audio narration… Jason Chinnock joined Ducati as a sales manager in 2004 and rose through the ranks to become the CEO of the Italian luxury motorcycle company’s North American division.”I’m a motorcyclist. It’s an extension of who I am,” Chinnock said when asked how he stays passionate about the product after so many years in the company.He said having a clear picture of the next couple of years, being willing to take a career detour, and…

Read More

This as-told-to essay is based on a conversation with Smaiyl Makyshov, 24, the founder of Multifaceted Capital, a VC firm based in San Francisco. It has been edited for length and clarity. Loading audio narration… I started programming when I was nine years old, teaching myself languages like HTML and Java. I was competing in computing Olympiads, but I wasn’t interested in programming as a destination. It felt more like a stepping stone toward something bigger. I was always more curious about the application of this technology.I grew up in Kazakhstan and moved to the US to attend Phillips Exeter,…

Read More

Oil prices rose at market open after President Donald Trump leveled a profanity-laden threat against Iran on Sunday. Loading audio narration… The president said if Iran didn’t open the Strait of Hormuz by Tuesday, the US would target its power plants and bridges.As of 6 p.m. in New York, contracts for Brent crude were trading at $109.57 per barrel, after ending the session Friday at $109.24.Contracts for West Texas Intermediate (WTI) were up 3% at $115 a barrel, after clearing $111.54 at market close on Friday.”Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in…

Read More

This as-told-to essay is based on a conversation with Chris Brady, founder and president of Timber Pizza Co. It has been edited for length and clarity. Loading audio narration… By the time I started my second job in tech sales in my early 20s, I knew I had no desire to keep working in the corporate world and wanted to do something on my own. My coworker Andrew Dana also felt the same way, so we’d brainstorm different business ideas over lunch.I had a lightbulb moment while talking to a potential client. I was selling catering and wedding venue advertising…

Read More

Whenever I tell someone I live with my parents, there’s an immediate moment of palpable judgment. It then gets compounded by the fact that not only do I, a 28-year-old man, live with my parents, but so does my fiancée. Loading audio narration… Most people immediately look for a justification. It’s assumed I’m unemployed, broke, a caretaker for one of them, or generally just a bit weird. And I get it, in popular media, a grown man who lives at home is depicted as a failure and a burden on his disappointed parents.In reality, multigenerational living in New York City…

Read More

They tried to make their tiny kitchen as functional as possible despite its small size, adding plenty of white cabinetry and a two-burner stovetop.Matranga said she likes that there’s a window above the sink to make it feel airy, and she appreciates that they built it on a budget by buying their cabinetry secondhand and using stair covers for their countertops.But the kitchen also has pain points. First, the couple didn’t plan for a trash can, so it sits in front of the pocket door that leads to their bathroom.”It was something we really didn’t think about,” Matranga said of…

Read More

Ashley Grupe’s monthly student-loan payments have been $54 for the past three years. This fall, they’ll likely surge to $644. Loading audio narration… “When I saw that number, I just froze,” the 34-year-old told Business Insider. “That’s ‘I need a second job’ kind of money.”Grupe’s payments are skyrocketing after former President Joe Biden’s SAVE student-loan repayment plan was eliminated last month.Dozens of student-loan borrowers told Business Insider they’re worried that, with SAVE gone, they won’t be able to afford higher monthly payments. While the Trump administration is introducing a new income-driven repayment plan this summer, it’s less generous than existing…

Read More

They’re the biggest beneficiaries of the artificial intelligence race you’ve never heard of. Loading audio narration… While the largest tech firms have unveiled unprecedented spending for AI infrastructure, and leading language developers Anthropic and OpenAI close in on blockbuster IPOs, a group of former crypto-mining companies have quietly become power players amid the soaring demand for data centers.With names like TeraWulf, Applied Digital, Iren, Core Scientific, and Cipher Digital, the companies make up for their short track records with access to an even more essential ingredient for success: utility power contracts that allow them to quickly energize electricity-hungry AI computing…

Read More

Erin McGoff keeps hearing the same concern from workers: that using AI endangers their jobs. Loading audio narration… “I have people who say that they, every day, feel like they’re training their replacement,” said McGoff, who founded and runs the career-education platform AdviceWithErin.A recent poll found that 30% of Americans believe their jobs may be made obsolete by AI. Meanwhile, more college students are changing their majors because of what AI might mean for the job market.The anxiety isn’t unfounded. Companies are investing billions of dollars in AI to boost efficiency. Having the technology take on work that companies now…

Read More

This as-told-to essay is based on a conversation with Tom First, the 59-year-old founder of soda brand Culture Pop, based in Boston. It’s been edited for length and clarity. Loading audio narration… I love the food industry, and this particular category is a part of the fabric of America. Carbonated soft drinks have a long history — people love bubbles.I started a juice company, Nantucket Nectars, with a friend at 22 years old in 1989. We made it at a small plant, and I started selling it out of my car. I eventually sold the company, but I’ve stayed in…

Read More