Container Store CEO Takes Pay Cut to Give Employees Raises
The Container Store CEO is taking one for the team. Satish Malhotra, who has been CEO of the company since 2021, is taking a voluntary 10% pay cut to ensure his staffers receive their annual merit increases, according to The Dallas Morning News. Malhotra’s salary will drop from $925,000 to $832,000 for six months, effective […]
4 Ways to Increase Efficiency Within Your Business
Opinions expressed by Entrepreneur contributors are their own. This story originally appeared on Under30CEO.com Operational efficiency is always important for a business. Everywhere you turn, there are threats to stability, from supply chain disruption to war in Europe to inflation in the US and even deflation in China. Efficient activity and productive operations haven’t been […]
Lego Wants to Make Recycled Bricks, But Efforts Keep Failing
The world’s largest toy maker has announced it will abandon a previously set sustainability initiative to use recycled materials in its products…because the process would lead to more pollution. After two years of experimenting with recycled polyethylene terephthalate (PET) as an eco-friendly alternative to the acrylonitrile butadiene styrene (ABS), Lego has decided to scrap its […]
Influencers Banned from Vermont Fall Foliage Photo Hotspot
As the leaves begin falling and foliage once again floods our social media feeds, one coveted hot spot for influencers is taking a stand by shutting down public access during the peak fall season. Pomfret and Woodstock, Vermont jointly voted to revoke access to Cloudland Road from September 23 to October 15, which leads to […]
Money Talks: How to Negotiate a Raise and Boost Your Bank Accounts
Is there nothing more daunting than getting a raise? However, it is worth it if you are able to secure a significant salary increase. In the end, a raise means more money in your bank account. This can be used for paying down debt, saving for retirement, or simply enjoying a better quality of life. […]
Taylor Swift, Travis Kelce Pay Patron’s Checks on Date: Report
Taylor Swift nearly broke the internet on Sunday when she showed up at Arrowhead Stadium in Kansas City amid swirling rumors of a budding romance with Chiefs tight end, Travis Kelce. Photos and video clips from the day showed the star watching the game and cheering alongside Kelce’s mother in a box inside the stadium. […]
Hollywood Writers Real Tentative Deal, Actors Strike Still On
The Writers Guild of America has reached a tentative agreement with the Alliance of Motion Picture and Television Producers (AMPTP) that could potentially end the nearly 146-day strike, which brought most television and film productions to a halt. The union, representing over 11,000 screenwriters, shared the news in a press release to members on Sunday. […]
What Does It Mean to Be An ‘Authentic Leader,’ Anyway?
Opinions expressed by Entrepreneur contributors are their own. Authentic? Try genuinely cringey. After his marketing firm laid off some employees last summer, HyperSocial CEO Braden Wallake posted a tearful selfie on LinkedIn. If Wallake aimed to come off as a vulnerable, authentic leader, his gambit backfired, provoking more outrage than positive engagement. As one commenter […]
An Epic Battle Between Biden and Federal Reserve Chairman Jerome Powell is Unfolding
An epic battle is playing out between two of the most influential men in the global economy right now; President Joe Biden and Federal Reserve Chairman Jerome Powell. The outcome of this battle will determine our country’s economic and political future. Are we in for a recession or not? This article explores the superpowers of […]
The Definition of Value Is Changing — What Entrepreneurs Need to Know
Opinions expressed by Entrepreneur contributors are their own. Entrepreneurs have long worked hard to build their wealth and create dynasties by creating value in the marketplace and finding unique ways to solve problems. In recent years, however, the way entrepreneurs have been approaching this has shifted. Often, this involved allocating a percentage of their profits […]
