Texas real estate is cooling down. Investors are no longer throwing money at any project. They are being picky. They want to know exactly why they should trust a sponsor with their cash. Shravan Parsi, the boss of American Ventures, says sponsors need to prove they know their stuff. Gone are the days when sponsors could say, "We like Austin, " and expect investors t...
Creating good habits at work is not just about willpower. It's about setting up the right environment. James Clear, known for his work on habits, shared some practical tips. First, leaders need to ask the right questions. Where is the team headed? What are they aiming for? It could be money, creativity, or even more time with family. The goal should be clear to ever...
In the heart of Michigan, a tech startup named Fire Rover is making waves in the fire-fighting industry. This company, which has been on the Inc. 5000 list for five consecutive years, specializes in detecting and extinguishing industrial fires before they escalate. The journey of Fire Rover took an interesting turn when Will Schmidt joined the team. Schmidt, who was...
GlobalFoundries is going through some big changes. John Hollister, the company's finance chief, has left his post. The reason given is personal, but no more details were shared. Taking his place, at least for now, is Sam Franklin. He's been with the company since 2022 and has a solid background in finance, having worked with big names like Mubadala, which is also Glo...
Malina Ngai, the CEO of AS Watson, has a unique background that sets her apart in the business world. She was once a competitive athlete, and she believes that her time in sports gave her more than just discipline and leadership skills. It also taught her the importance of using data and science to improve performance. Ngai took over AS Watson, a retail company with...
Kirk Tanner, who recently led Wendy's, is now taking the helm at Hershey. This move comes as Michele Buck steps down after nearly two decades with the company. Tanner's background is impressive, with over three decades at PepsiCo, where he oversaw their North American beverages division. His shift to Hershey is a return to the consumer goods sector, bringing a wealth...
A significant figure in the tech world has left us. Han Jong-Hee, the co-CEO of Samsung Electronics, died from a heart attack. He was 63. Han's journey with Samsung began in 1988, right after he graduated with a degree in electrical engineering. He spent over three decades with the company, playing a key role in its success. He was in charge of the TV business for a...
In the aftermath of a shocking tragedy, UnitedHealth Group has named Tim Noel as the new CEO of their health insurance arm, UnitedHealthcare. Noel joined the company in 2007 and most recently led UnitedHealthcare Medicare & Retirement. His appointment comes nearly two months after the fatal shooting of former CEO Brian Thompson. Thompson was on his way to an investo...
Artificial intelligence agents, or AI agents, are set to transform the workplace. By 2025, one in four enterprises are expected to use generative AI, and that number is projected to double by 2027. This shift means companies need a new mindset. Instead of being just another tool, AI agents will take on more responsibilities, making decisions and even designing proces...
Richard Parsons, a prominent figure in the world of business, passed away recently at the age of 76. Known for his influential roles at Time Warner and Citigroup, Parsons left a significant mark on corporate America. Diagnosed with multiple myeloma in 2015, he continued to contribute to various boards until health issues forced him to step down. Friends and colleague...