Steve Ells invented the burrito bowl, and now he thinks people might be suffering from “slop bowl” fatigue. In an interview with the Wall Street Journal, the founder and former CEO of Chipotle talks about his new concept, Counter Service, a sandwich shop that launched last year in New York City and plans to expand to Charlotte and Dallas next year. Counter Service specializes in slow-roasted meats, homemade bread and made-in-house sauces and relishes. The concept pivots away from an earlier post-Chipotle venture, a vegan restaurant built around robotics. It uses technology that flags incorrectly assembled orders, part of a…
Author: Staff Writer
QUESTION: Mr. Armstrong, thank you very much for that global overview of the energy market on your private blog. You’ve connected the dots in a way no one else seems to, just as you mentioned at your Tampa conference. I also appreciated your distinction between Eastern and Western Canada, could you elaborate on that a bit further? And thank you again. My children’s eyes were truly opened by your insights. FG ANSWER: A refinery isn’t a one-size-fits-all machine. It is a complex industrial facility designed to process a specific type of crude oil efficiently. Hence, many refineries in Eastern Canada are configured…
Julie Masino is calling it quits as CEO of Cracker Barrel after a year defined by a rebrand gone wrong. Masino took over in 2023 and pushed a modernization plan, including dropping the chain’s “old timer” logo, which featured an old man leaning against a barrel. The redesign triggered a fierce backlash last summer, with critics on the right calling the changes “woke.” Foot traffic and revenue slumped, and Cracker Barrel’s stock lost more than half its value before the company reverted to its old logo and scrapped remodeling plans. Masino survived an activist investor challenge in November, when shareholders…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways You’re never really selling a product or a service. You’re selling a feeling. When people consistently associate you with value, opportunities begin to compound. Communicate a vision that others want to join. People often assume that success in one industry doesn’t translate to another. I’ve spent my career proving the opposite. I’ve built businesses in music, entertainment, gaming, media and technology. I’ve worked as a DJ, producer, entrepreneur, executive, founder and investor. Along the way, I’ve helped build companies, raised tens of millions of dollars, worked with some of the world’s…
Last week, OpenAI’s own AI broke out of a security test and hacked another company. In response, Nvidia, Microsoft, SpaceX, Palantir and dozens of other tech giants have formed a new coalition called the Open Secure AI Alliance. The idea is to build and share AI models that anyone can download, inspect and run on their own computers, rather than only accessing AI through a locked, company-controlled system, CNBC reports. The companies argue that when researchers can actually see how a model works, they can catch and fix security problems faster. The catalyst was OpenAI’s rogue system attacking developer platform…
On Monday, shares of Apple Inc. (Nasdaq: AAPL) rose 1.17% and the tech giant became the world’s most valuable publicly traded company, with a market cap of $4.95 trillion. It took the title from Nvidia, which saw its shares (Nasdaq: NVDA) fall 4.99%, ending the day with a $4.77 trillion valuation. The chipmaker has held the spot for over a year after taking it from Microsoft. All three companies are part of the so-called Magnificent 7 bundle of stocks, with the others being Google parent Alphabet; Instagram and Facebook owner Meta Platforms; e-commerce giant Amazon; and Elon Musk’s EV maker…
Shares in major U.S. chip and memory companies, including Micron, Sandisk, and Intel, are sinking this morning in premarket trading after the stock prices of similar companies in Asia got hammered hard. Here’s what you need to know—and what’s behind the current fall in chip stocks. What’s happened? It was a bad day for chip stocks in Asia, where the markets are already closed for the day. In South Korea, major chipmakers saw their stock prices plunge. Memory giant SK Hynix Inc. (KSE: 000660.KS) saw its shares fall more than 14.6%. Chipmaker competitor Samsung Electronics Co., Ltd. (KSE: 005930.KS) got…
When Alyssa Gangeri was running restaurants in New York more than a decade ago, Yelp was the bane of her existence, she says. She would regularly go down a rabbit hole, reading her restaurant’s reviews and scouring them for clues about when the diners had visited or who had served them. Both Gangeri and Yelp have evolved. Yelp has expanded beyond being a hub for reviews of local businesses into offering tools for those businesses. And today, Gangeri uses the company’s products to help run The Butter Milk Ranch, her popular pastry and brunch spot in Nashville. The company that…
Thousands of conversations between Claude and its users, alongside tools created during those chats, were available for a period of time through Google searches earlier this month—echoing a similar issue that blighted OpenAI’s ChatGPT and was first reported by Fast Company almost a year ago to the day. Among the conversations available through a simple Google search that has now been fixed were purportedly those involving sexting and one where an engineer is launching “a project meant to train future Security Engineers in Web/Cloud/AI Security.” Redditors spent large parts of the weekend uncovering embarrassing or potentially private conversations, but Anthropic…
Opinions expressed by Entrepreneur contributors are their own. Key Takeaways AI is transforming the learning landscape by providing personalized educational paths and resources. Business leaders leverage AI tools such as ChatGPT for proactive learning and problem-solving. AI-driven upskilling and reskilling initiatives benefit organizations by being cost-effective and tailored to individual needs. As a father, I’m used to fielding questions from my kids. Why can’t we see the air? Do fish get thirsty? Why don’t cats have eyebrows?I don’t always know the answer. Worse still, I don’t always have the time to answer question after question…after question.I love that my kids…