Author: Arabian Media staff

The move will result in the elimination of 900 jobs across the company. Starbucks is cutting jobs and shuttering stores as part of CEO Brian Niccol’s billion-dollar plan to revive the coffee chain. Starbucks announced the move on Thursday, stating in a U.S. Securities and Exchange Commission (SEC) filing that the company was restructuring its operations. Niccol wrote in a Thursday letter to North America staff, also submitted to the SEC, that Starbucks would close about 1% of coffeehouses in fiscal year 2025, which ends on the last Sunday of September. The company will end the fiscal year with about…

Opinions expressed by Entrepreneur contributors are their own. When John Hu stumbled across Gary Vaynerchuk during long hours of TikTok scrolling in the early days of COVID-19, he never imagined they’d one day be business partners. At the time, Hu was a few years out of college and grinding away on Wall Street, feeling like his path in life was already set. But Vaynerchuk’s mantra — what value can you give to the world — pushed him to start sharing his own story online. For Hu, the simple act of posting career coaching content was transformative. “It was the first…

I learned the skill running high school track. I was never interested in team sports, but I loved track. I was confident in my speed and agility, and that made me a star on my high school team. This was always part of my personality: I am an individual; I do things my way. But one day at a track meet, I was competing in the 4-by-100-meter relay, which requires runners to pass a baton between each other three times. We were winning — until I fumbled the pass. The baton fell to the ground. We lost. I was devastated,…

Lead your company into 2026 with clarity, purpose and this roadmap that serves your business and your life. Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Design your life first; let business become the vehicle for it. Your Freedom Point defines when money works for you, not vice versa. Aligning vision, systems and execution creates sustainable growth without burnout. Most CEOs obsess over scaling their business, hitting revenue targets, expanding into new markets and driving efficiency. Yet many find that success becomes a trap: burnout, broken relationships and a life they never intended. The solution? Start by designing…

If I could go back and talk to my younger self, I would tell her to do the following to stand up for herself in the workplace. Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Direct confrontation is key to stopping workplace bullying — calmly assert your identity and correct mispronunciations or name changes. Using humor can also be a powerful tool to reclaim control and highlight inappropriate behavior in a less confrontational manner. It’s essential to set boundaries early on in professional settings to teach others how to treat you and not to tolerate disrespectful behavior. As…

Best-selling author James Patterson and Dr. Patrick Leddin, PhD, discuss the positive mental mindset lessons and tools in their new book, “Disrupt Everything – and Win: Take Control of Your Future.” Courtesy James Patterson and Patrick Leddin Usually on How Success Happens, I get to speak with incredible people who do incredible things. Unfortunately, we had a couple of slackers on the latest episode. James Patterson has only sold half a billion books worldwide, and Dr. Patrick Leddin, PhD, is just a renowned leadership expert, FranklinCovey advisor and author of the best-seller The 5-Week Leadership Challenge. Okay, I take it…

Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Your main competitor might not be another company but rather the current methods customers use to solve their needs. To identify your true competition, ask customers about their previous solutions — find out what worked and what didn’t. Understanding the limitations of past solutions can reveal market opportunities and guide product differentiation. Your biggest competitor is usually not the product that has similar features to yours. In some cases, it’s not even another company in the same industry. Your biggest competitor is what your customer is doing right now to…

Pagico’s pipelines show progress at a glance. StackCommerce Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Are you even in the business world if you’re not juggling a million things at once? Project trackers, notes apps, task lists, calendars, and file storage—it can really become a chaotic mess. That’s why smart leaders consolidate. And right now, you can do it with a Pagico Personal Premium Plan for just $39.99 (MSRP $137)—lifetime…

After watching her mother run businesses in Indonesia, Josephine Suryono knew she’d one day do the same — just on a different continent. This story appears in the January 2025 issue of Entrepreneur. Subscribe » Josephine Suryono moved far away from home, but never escaped the lesson she grew up with. As a child in her native Indonesia, she watched her mother manage multiple automotive dealerships — and it inspired this lesson: “Deep down, I always knew I wanted to build something of my own,” she says. At 18, Suryono came to America for an education. She earned a degree…

Passing the Chartered Financial Analyst (CFA) test could lead to a 53% salary increase for finance professionals. Key Takeaways A new study evaluated whether AI could pass the Chartered Financial Analyst (CFA) exam, an exam given to finance professionals for accreditation in the field. AI models from OpenAI and Anthropic passed the test in minutes, even the difficult essay questions. The researchers evaluated 23 AI models using CFA mock exams and found that AI from OpenAI, Anthropic, and Google passed the test. Two years ago, AI passed the first two multiple-choice parts of the Chartered Financial Analyst (CFA) exam, but…