Business
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Giant Companies You Didn’t Know Are Family-Owned
These are the mom-and-pop stores on steroids, huge companies that embraced nepotism to build some of the strongest brands on the planet. To categorize a public company as a family firm, the family must have a sizable stake, with “ownership…
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19 Billionaires Who Didn’t Go to College
A university education is far from the only path to success — just ask the nearly 30% of living billionaires who never got even a bachelor’s degree. There’s also a smaller pool of billionaires, living and deceased, who never had…
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Stores and Brands You Thought Were Dead But Aren’t
The pandemic accelerated bankruptcies among retailers in a big way, and even before that, many familiar names were hurting. But that doesn’t mean your favorite stores and brands are out of the game forever. Some are attempting to get back into the…
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Costco by the Numbers: 22 Surprising Stats
Costco is the nation’s third-largest retailer in market share, behind Walmart and Amazon according to the National Retail Federation. The company’s net sales topped a whopping $140 billion in 2021, up 15.8% from the year before. But those aren’t the only…
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Walmart Teams Up With UnitedHealth To Give Senior Health Care a Boost
Walmart tries to deliver deals on everything from video games to groceries, and now it hopes to add primo medical care to the list. The retail chain has partnered with UnitedHealth Group in a 10-year deal that will bring health-care services to…
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These Big-Name Companies Still Pay Most Workers Under $15 an Hour
Ten states have or are planning to institute a mandatory minimum wage of $15 an hour, and California just enacted a law on Labor Day that creating the first-in-the-nation fast food council for chains like McDonald’s and Taco Bell that will set…
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25 Times Companies Promised More Than They Could Deliver
Most companies want nothing more than to drum up demand. Special promotions and flashy launches are one way to create buzz, even if the product ends up flopping. Other times,…
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These Companies Are Supporting Abortion Access for Employees
The Supreme Court overturned Roe v. Wade in late June, ending 50 years of federally backed abortion rights. Activists are up in arms, and several companies have stepped forward to ensure abortion…
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These Giant Companies Picked Up and Left Their Home States
Over the past few years, a number of U.S. companies have relocated their headquarters out of their home states, especially tech companies. Many have bid farewell to California in favor…
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The Most Expensive Typos in History
To err is human, but sometimes even the most innocent of mistakes lead to big, expensive consequences. Typos have led to million-dollar lawsuits, the collapse of businesses, and ending up…
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Competing Brands That Are Owned by the Same Company
Between big-box stores and online retailers, U.S. consumers have access to a wealth of options for most any product they wish to buy. Sometimes, however, the choices aren’t as varied…
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The Biggest and Boldest Scams of the Past Decade
From pro athletes and hurricane survivors to the world’s biggest retailer and, well, just about anyone with a phone number or a Facebook account, it seems everyone is now a…
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Things We Use All the Time That Didn’t Exist 15 Years Ago
We may not be zipping around with rockets on our backs, but life in 2022 is still remarkably different than it was just 15 years ago — and believe it…
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JetBlue’s Bid to Buy Spirit Could Bring Higher Fares
JetBlue Airways’ bid to buy Spirit Airlines to create the nation’s fifth largest carrier may be a good deal for New York-based JetBlue, but how it will affect consumers will…
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Companies That Benefit From Natural Disasters
Floods, earthquakes, hurricanes, pandemics, and other disasters that are out of our control usually cost a lot to recover from, triggering serious headaches with the damage they cause — yet…
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Scary Cyberattacks that Hacked Millions of Users
Big data breaches keep providing new reasons for consumers to be wary of forking over their personal information, despite companies spending millions to bolster security (and settling lawsuits when the security…
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20 Small Businesses You Can Start With Less Than $1,000
With the proliferation of online businesses, the sharing economy, and apps aimed at providing everything from lawn care experts to gardeners, plumbers, and dog walkers, the reality is that starting…
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The Aldi Family Feud And Its Connection to Trader Joe’s
From Rubble to Riches On the heels of World War II, brothers Karl and Theo Albrecht returned to their war-torn hometown Essen, Germany, and transformed their mother’s corner store into…
