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 […]
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Opinions expressed by Entrepreneur contributors are their own. Should you rebrand? On average, 74% of the S&P companies rebrand within the first seven years. Rebranding is a significant endeavor that can evoke a mix of emotions for companies. It involves many variables and can be both exciting and scary. There are a lot of questions
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
Former Major League Baseball outfielder and Hall of Famer Ken Griffey Jr., dubbed “the kid” for his early debut at 19, retired in 2010 after a 22-year career, most of which he spent with the Seattle Mariners and Cincinnati Reds — but he hasn’t left the world of sports behind for good. Griffey Jr. continues
Increasingly, Americans are considering alternative paths that don’t involve a college education. Four million fewer students were enrolled in college in 2022 compared to the decade before, NBC News reported. As of 2023, borrowers had an average of $37,338 in federal student loan debt, USA Today reported — and the typical college graduate’s starting salary
As the artificial intelligence arms race presses on, Amazon is making a significant investment to get ahead. On Monday, Amazon announced plans to invest up to $4 billion in the artificial intelligence firm Anthropic, constituting a minority stake in the company. The two companies declared they are starting a strategic partnership to advance “safer” generative
Opinions expressed by Entrepreneur contributors are their own. Social media and the internet at large make entrepreneurship look sexy. Remote entrepreneurs traveling the globe in private jets. XL Uber rides to rooftop bars, loads of free time and plenty of money on top. But the promises of being your own boss, setting your own schedule
Worldwide, coffee is among the most popular beverages. In fact, 167 million coffee bags were consumed worldwide from 2020 to 2021 alone. Does that really seem shocking to you? It is a delicious, versatile, affordable, and readily available beverage. Furthermore, it can boost your energy levels in the morning and throughout the day. But can
Opinions expressed by Entrepreneur contributors are their own. In Franchise Your Business, author and franchise consultant Mark Siebert delivers the ultimate how-to guide to employing one of the greatest growth strategies ever: franchising. Siebert shares decades of experience, insights, and practical advice to help grow your business exponentially through franchising while avoiding the pitfalls. In