BUSINESS

Dec 22 2024BUSINESS

Michael Jordan's Competitive Edge: A Tale of Nike's Risky Bet and Global Ambitions

In the 1980s, Nike's basketball division was struggling. So, co-founder Phil Knight took a huge risk: he invested their entire $250, 000 marketing budget into a 21-year-old rookie named Michael Jordan. This groundbreaking five-year, $2. 5 million deal marked the start of a lasting partnership. Fast

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Dec 21 2024BUSINESS

Dan Abrams Steps Back from NewsNation Primetime

Dan Abrams, a prominent figure in NewsNation's primetime lineup, will be leaving his regular 9 p. m. slot early next year. On a recent episode, Abrams shared that his busy schedule, including managing multiple media businesses, makes it difficult to balance his responsibilities. The entrepreneur run

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Dec 21 2024BUSINESS

Darien Business Scene Gets a Fresh Start

It's a new day for Darien's business community. Mayor Joseph Marchese dropped a surprise announcement on Thursday. The city has taken over the chamber of commerce's events and hired its former executive director. This is all part of the new Darien Business Alliance, which the City Council has just a

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Dec 21 2024BUSINESS

FedEx's LTL Spin-Off: A Shift Towards Specialization

Back in the 90s, FedEx jumped into the LTL business by acquiring Viking Freight and American Freightways. The idea was to offer a full package of shipping options, from small parcels to large truckloads. This strategy was similar to its rival, UPS. However, as the years passed and the shipping world

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Dec 20 2024TECHNOLOGY

The Amazing Longevity of the Commodore 64: Still Going Strong in a Doughnut Shop

Can you believe it? A doughnut shop in Indiana is still using Commodore 64 computers as cash registers after 42 years! These trusty machines, known for their durability, are helping run the Hilligross Bakery in Brownsburg. It might seem outdated, but they seem to be doing just fine. The bakery has g

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Dec 20 2024BUSINESS

Yamaha's New Move in Silicon Valley: A $50M Investment in Music Tech

In 2025, Yamaha is making big waves in the world of music tech. They're setting up a new company in Silicon Valley called Yamaha Music Innovations LLC. This isn't just a office, it's a powerhouse designed to find and invest in the best music startups. Yamaha wants to get in on the ground floor of th

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Dec 20 2024BUSINESS

Struggling After Storms: Farmers, Businesses, and Homeowners Wait for Aid

In the aftermath of Hurricanes Helene and Milton, farmers, business owners, and homeowners across the southeastern United States find themselves in limbo. The storms left behind devastation, with Helene alone causing over $60 billion in damage, primarily in North Carolina. Congress is grappling with

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Dec 20 2024BUSINESS

Trump's New Media Venture: A Look at TMTG and Don Jr.

Ever heard of Trump Media and Technology Group, or TMTG? It's a company that's been making headlines lately, especially with the former president's son, Don Jr. , taking over. But what's the story behind it? The former president handed over a significant chunk of his shares, about 59% or 114. 75 mil

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Dec 20 2024BUSINESS

Oakland's Empty Spot Gets New Life with Dave & Buster's

In the heart of Oakland, there's a big empty space that's been causing quite a stir. For years, people have been trying to figure out what to do with the ground-floor market hall at 55 Harrison St. in Jack London Square. The building is huge, with five stories and over 187, 000 square feet of space.

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Dec 19 2024POLITICS

Trump's Business Ties: A Fresh Ethical Dilemma

As Donald Trump prepares for his second term, his vast business empire is raising eyebrows. Back in 2017, he promised to keep his business, the Trump Organization, separate from his presidential duties. But his interests have grown, and so have the questions. He now owns a majority stake in Truth So

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