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This High School Dropout Sold Shipt To Target For $550 Million. His Next Startup Could Be Worth Double.

This High School Dropout Sold Shipt To Target For $550 Million. His Next Startup Could Be Worth Double.

Serial entrepreneur Bill Smith launched Landing in 2019. The furnished apartment rental firm expects $200 million in revenue this year by catering to the work-from-anywhere generation. Bill Smith steers his midnight silver Tesla X through the streets of downtown Birmingham, Alabama, and pulls into a low-rise apartment complex. “This used to be a brothel 100…

GDP Flashes Recession Warning Sign: Economy Shrank 0.9% Last Quarter As Experts Warn ‘Worse To Come’

GDP Flashes Recession Warning Sign: Economy Shrank 0.9% Last Quarter As Experts Warn ‘Worse To Come’

Share to FacebookShare to TwitterShare to LinkedinTopline The U.S. economy unexpectedly shrank for a second quarter in a row this year, according to data released Thursday, signaling the start of a technical recession even as economists predict signs of a slowdown will only grow in the coming quarters, likely prompting the government to officially declare…

Weber Cuts CEO, Warns Of Layoffs As Grill-Maker Embraces ‘Historic’ Economic Challenges

Weber Cuts CEO, Warns Of Layoffs As Grill-Maker Embraces ‘Historic’ Economic Challenges

Share to FacebookShare to TwitterShare to LinkedinTopline Weber replaced CEO Chris Scherzinger and warned of upcoming layoffs Monday, sending shares down 20% as the grill-maker wrestles with a drop in sales and embraces “historic macroeconomic challenges.” Weber shares fell 20.37% Monday morning, to $6.01 from $7.54 Sunday afternoon. (AP Photo/Charles … [+] Krupa) Copyright 2019…

Monkeypox Vaccine Gets Green Light In Europe

Monkeypox Vaccine Gets Green Light In Europe

Share to FacebookShare to TwitterShare to LinkedinTopline The European Commission on Monday has given Danish biotech Bavarian Nordic permission to expand the label of its smallpox vaccine to include protection against monkeypox, days after the World Health Organization sounded the alarm over the accelerating outbreak. Bavarian Nordic can market its vaccine for use against monkeypox…