Chicago is stepping in to lend cash to its underfunded pensions so they have enough money to avoid asset sales to cover retirement checks as they wait for property taxes to come in after a computer issue delayed collections https://t.co/NjYZMGlDs7 — Bloomberg (@business) September 16, 2025 Chicago’s money trees are shedding their autumn layers with a new multi-million dollar government payout package for underfunded public pensions. City officials approved a short-term bailout of the Firemen’s Annuity & Benefit Fund to the tune of $28 million to avoid forced asset sales. That is merely the tip of the iceberg, as Chicago’s…
Author: Staff Writer
Opinions expressed by Entrepreneur contributors are their own. Nothing beats the human touch of a helpful salesperson, right?Wrong.For so long, retailers have been told that what sets brick-and-mortar apart is the “human element.” But a landmark new survey shows exactly the opposite: roughly half of younger consumers prefer a shopping experience that lets them avoid other people. Convenience and efficiency loom large here: more than three-quarters of Gen Z and millennial shoppers regularly choose online purchases and curbside or in-store pickup. All of which raises the existential question: Why do we even have stores anymore, anyway?The answer isn’t quite as…
Albania’s new AI minister, Diella, delivered her first speech to Parliament on Thursday. “I’m not here to replace people, but to help them,” the AI entity created by Microsoft stated in a video displayed before elected human officials. Prime Minister Edi Rama has even opened a social media platform for Diella where the public can allegedly engage with the AI Minister directly. “Hello, I am Diella, Thanks to my hard work as your assistant, I was elected Minister of State for Artificial Intelligence in the new government. My mission now is to make the government’s work easier every day,”…
Spirit Airlines announced some dispiriting news for travelers and company employees: it will cut 25% of its flight capacity in November 2025 and brace for further job cuts.After declaring its second bankruptcy in less than a year earlier this month, CEO Dave Davis revealed the news in a memo to employees on Wednesday, emphasizing that the reductions are necessary for the company to focus on its more profitable markets.”These evaluations will inevitably affect the size of our teams as we become a more efficient airline. Unfortunately, these are the tough calls we must make to emerge stronger,” Davis wrote. Related:…
Coffee prices are the latest grocery item troubling American consumers. The United States is the world’s largest importer of coffee, but produces less than 0.1% of all coffee for domestic consumption, importing over $8.2 billion (1.6 metric tons) of coffee last year alone. The average retail price of coffee spiked 21% in the past year, marking the sharpest rise since the late 1990s. Tariffs are certainly part of the problem. Brazil produces around 37% of the world’s coffee, but now faces a 50% tariff on coffee beans. The average price of Brazilian coffee now sits around $6 per pound. Brazil…
Opinions expressed by Entrepreneur contributors are their own. I’ve spent 15+ years building across multiple tech ventures and cultures — starting in Vietnam, sharpening my craft in Japan and Singapore, then expanding to the U.S., Australia and Europe. Each stop taught me how different ecosystems turn constraints into capability: how to ship products under pressure, build companies from zero, grow talent pipelines and lead teams through the hardest execution challenges.Along the way, I co-founded ventures across domains — from cloud content security and AI-driven fraud detection in finance to AI-powered talent vetting and AI-powered graphic design and marketing.That journey left…
Opinions expressed by Entrepreneur contributors are their own. It’s no secret that sports partnerships can be a powerful tool for brands. But the ones that actually move the needle go far beyond some courtside signage or animated logos on a broadcast.The strongest collaborations are built on three pillars: authenticity, creativity and growth potential. Few examples illustrate this better than Lavazza’s decade-long relationship with the US Open. For the Italian coffee company, the Open is as much a cultural stage as it is for the athletes competing.Related: As New York City Prepares for Its First Casinos, Jay-Z Wants In — and…
Opinions expressed by Entrepreneur contributors are their own. Most leaders know the frustration of wasted meetings. Long agendas, too many attendees and little to show for hours lost. For one group of senior leaders I worked with, this wasn’t just an annoyance. It was cutting into strategy time, slowing down decisions and draining energy across the business.In less than a year, we cut their meeting time in half. Each leader won back more than 10 hours every week, and the organization became faster, clearer and more accountable.Here’s how it happened, and how you can do the same.Related: Stop the Meeting…
In January, the U.S. replaced China as the largest single market for Jaguar Land Rover (JLR), which makes the popular Range Rover and Defender models. In fact, the company’s North American sales were up 23% last year. (Range Rovers start around $42,000 and go up to about $180,000.) But it might be more difficult to buy a JLR vehicle soon.After a short pause in shipments over trade wars and tariffs, the U.K.-based automaker has issued another pause — but this time, it’s affecting production, and you can blame hackers instead. According to a statement on the company’s website, a cyberattack…
“It’s always been my dream to be a CEO of a fashion brand,” Ginny Seymour, CEO of contemporary women’s fashion brand Aligne, tells Entrepreneur.Image Credit: Courtesy of Aligne. CEO Ginny Seymour.A fashion industry veteran who started her career as a contemporary buyer at Saks Fifth Avenue, Seymour had an opportunity to realize that goal with Aligne, originally founded by Dalbir Bains as a wholesale women’s fashion brand in London in 2020. Seymour envisioned a new era for Aligne — the brand could fill a white space she saw in modern women’s clothing: the need for design-led, wearable pieces at an…