Business Valuation Tools Reach the 30-Person HVAC Shop

Business Valuation Tools Reach the 30-Person HVAC Shop

A Las Vegas company called Reins launched a standalone product on Monday called Valuation, built to tell contractors who run their own shops what the business is currently worth, and which levers would lift that number. It reads a business through its own books and job data rather than through a generic industry multiple. Most…

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Business Succession Planning: 5 Openings for Young Buyers

Business Succession Planning: 5 Openings for Young Buyers

JPMorganChase released a report on Monday, putting a hard number on a problem Jamie Dimon has been describing since March: roughly 12 million American businesses will pass to new owners inside the next decade, and the assets riding on those handoffs come to nearly $10 trillion. Chase put the question to 1,000 owners. Seventy percent…

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Diesel Prices Set a Record and Squeeze Small Budgets

Diesel Prices Set a Record and Squeeze Small Budgets

Diesel averaged $6.23 a gallon across the US on Monday, a fresh record, after Saudi Arabia closed its East-West pipeline and Gulf states put off a scheduled discussion about how the Strait of Hormuz will operate. Brent crude touched $108 during the session and US crude reached $103. If you do not operate a truck,…

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International Expansion: Japan Opens a Door for Founders

International Expansion: Japan Opens a Door for Founders

Japan’s Ministry of Economy, Trade and Industry announced on Monday that it will host Global Startup EXPO 2026 in Osaka from October 5 to 7, pitching the event squarely at overseas venture firms looking for a way into the Japanese market. Andreessen Horowitz, New Enterprise Associates and Atomico have all confirmed they are coming. A…

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Georgia mayor, 23, ousted 10 months after making history as state’s youngest mayor

Georgia mayor, 23, ousted 10 months after making history as state’s youngest mayor

Georgia’s youngest elected mayor was removed from office just 10 months after taking the job following allegations that he misused city funds and exchanged sexually suggestive messages and images with an 18-year-old high school student. Jayden Williams, who recently turned 23, was impeached by the Stockbridge City Council in the city south of Atlanta after…

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Democratic leaders panic and GOP divides as AI fears spread

Democratic leaders panic and GOP divides as AI fears spread

WASHINGTON — President Trump on Monday forcefully rejected calls to slow the development of artificial intelligence, dismissing concerns about its risks as a “hoax” and warning the United States remains locked in a fierce technological race with China. The president’s position has put him at odds with a growing chorus of industry leaders and bipartisan lawmakers warning…

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AI Content Creation Drives Pocket FM Past $500M ARR

AI Content Creation Drives Pocket FM Past 0M ARR

Pocket Entertainment, the parent company of audio drama platform Pocket FM, announced on September 10 that it has passed $500 million in annual revenue run rate, growing 70% year over year. The company runs on a network of more than 550,000 creators and an ai content creation stack that handles production, localization, and distribution. The…

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AI Job Displacement Fears Miss What Main Street Did

AI Job Displacement Fears Miss What Main Street Did

Small businesses that started using artificial intelligence added staff faster than comparable businesses that did not, according to research Gusto published on September 10. The payroll company tracked 1,593 adopters against 669 firms that knew about AI but had not deployed it. Adopters expanded payroll roughly 7% faster over the following year, which cuts against…

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Lululemon billionaire founder Chip Wilson files for divorce after 20 years of marriage — with no prenup in place: report

Lululemon billionaire founder Chip Wilson files for divorce after 20 years of marriage — with no prenup in place: report

Lululemon’s billionaire founder Chip Wilson is divorcing his wife of 20 years — without a prenuptial agreement in place, according to a report. Wilson, whose net worth is valued at $6.1 billion, and his wife Shannon “Summer” Wilson are calling it quits, Bloomberg reported, citing two people familiar with their conversations who shared that the…

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USC nails the ending during its impressive shutout of Fresno State

USC nails the ending during its impressive shutout of Fresno State

Another huge halftime lead. More crazy efficiency from quarterback Jayden Maiava. Further fodder for Trent Mosley’s case as the top freshman receiver in the country. The only significant difference between No. 14 USC’s 39-0 blowout of Fresno State on Friday at the Coliseum and its season opener six days earlier? Southern California quarterback Jayden Maiava…

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