I’m a former model and now run a fintech company. The fashion industry taught me everything I needed to know to be CEO.
Katrin Kaurov is a former model and now is the CEO of a fintech company. My cofounder and I received a lot of pushback when we started Frich. She was 22, and I was 24. Everyone thought we couldn’t create it because neither of us had a background in finance or had worked in a…
Williams-Sonoma says rivals who lean into discounts are training shoppers to ‘wait for that promotion’
Williams-Sonoma has been offering fewer discounts because they can lead customers to delay purchases, the company’s CEO said. Many retailers are trying to lure in budget-conscious shoppers with discounts and other markdowns. Not Williams-Sonoma. The kitchen supply and home furnishings chain has actually been offering fewer discounts over the last several years, CEO Laura Alber…
Triller is hiring TikTok’s former head of product to run its video app, as its other CEO hire falls through
Sean Kim joins Triller after holding product roles at TikTok and Kajabi. Triller, a media and marketing company that once positioned itself as a competitor to TikTok, announced it’s hiring former TikTok product head Sean Kim to serve as CEO of its video app. The move comes as Triller plans the next chapter of its…
Investor who bought Kanye’s Malibu home makes lowball offer for Diddy’s ‘Freak Off’ mansion
Sean Combs’ home was searched earlier this year by the feds, who found “freak off” supplies there. After more than two months on the market, Sean “Diddy” Combs’ Los Angeles mansion has received an offer — and from someone who seems to have a penchant for buying up the homes of hip-hop moguls. Bo Belmont,…
Why the cost of Thanksgiving dinner shows the weird state of inflation
The average price of Thanksgiving dinner fell for the second year in a row, but prices are still higher than 2019. The cost of a traditional Thanksgiving dinner has fallen for the second year in a row. However, shopping for the holiday might not feel cheaper. A Thanksgiving meal for 10 people will cost $58.08…
DOGE wants to trim a $500 billion list of federal ‘zombie’ programs that includes veterans’ healthcare, Pell grants, and NASA
Elon Musk and Vivek Ramaswamy are eyeing recommendations to trim a list of government programs that include veterans’ healthcare, childcare grants, and NASA. The leaders of President-elect Donald Trump’s new Department of Government Efficiency, or DOGE, wrote in a Wednesday opinion piece that the commission will target cuts to federal spending that’s “unauthorized by Congress…
Sarah Silverman says her lawsuit against OpenAI is difficult because the company is one of the ‘richest entities in the world’
Sarah Silverman is a plaintiff in a class action lawsuit filed against OpenAI. Comedian Sarah Silverman opened up about her copyright infringement lawsuit against Sam Altman’s OpenAI, which owns the artificial intelligence chatbot ChatGPT. Silverman appeared on the latest episode of the SiriusXM podcast, “Literally! With Rob Lowe,” on Thursday. During the interview, Silverman discussed…
Siemens’ AI tools are harnessing ‘human-machine collaboration’ to help workers solve maintenance problems
Siemens is helping companies in the industrial sector predict machine maintenance problems. Siemens is a German technology company that operates in many sectors, including industry, infrastructure, transportation, and healthcare. It has about 320,000 employees worldwide. Situation analysis: What problem was the company trying to solve? The industrial sector faces several challenges, including security and safety…
Billionaire Citadel founder Ken Griffin’s advice for Trump: Don’t cut taxes, let ambitious immigrants into the US, and hire Apollo CEO Marc Rowan
Ken Griffin, the founder and CEO of Citadel and Citadel Securities. The billionaire Citadel founder Ken Griffin is one of the biggest donors to the Republican Party but has some worries about the effect of policies the Trump administration has promised. Speaking on Thursday at the Economic Club of New York, Griffin said that while…
