Latest Entrepreneurship News

Italian menswear innovator Nino Cerruti dies at 91

Jan. 15, 2022 16:39 PM EST

MILAN (AP) — Nino Cerruti, the Italian fashion designer credited with revolutionizing menswear in the 1960s and who gave Giorgio Armani his first fashion break, has died, Italian media reported Saturday. He was 91. Cerruti died in northwestern Italy, where his family has operated...

Will Elizabeth Holmes' conviction sober up Silicon Valley?

Jan. 04, 2022 17:37 PM EST

SAN JOSE, Calif. (AP) — The fraud conviction of former Theranos CEO Elizabeth Holmes could do more than just send a once-celebrated ex-billionaire to prison. In theory, it could also deliver a sobering message to a Silicon Valley culture that often gets lost in its own hubris and swagger. ...

Porter Soul Food thrives on flavors and memories of home

Jan. 02, 2022 09:03 AM EST

BALTIMORE, Md. (AP) — Located in a former Popeye’s set amid a highway strip mall, Porter Soul Food is dishing up Southern classics and beating the odds that come with being a Black-owned restaurant on the Eastern Shore. After opening in January 2020, it had to operate as a...

Traverse City entrepreneurs' apparel brand blossoms

Dec. 24, 2021 01:07 AM EST

TRAVERSE CITY, Mich. (AP) — A 2019 visit to a museum devoted to the 1969 Woodstock Music and Art Fair prompted Brian and Anne Lewis of Traverse City to launch an apparel brand based on the word “hippie.” Sales of shirts and hats emblazoned with a variety of “hippie”...

What Elizabeth Holmes had to say at her trial: 5 takeaways

Dec. 09, 2021 00:06 AM EST

SAN JOSE, Calif. (AP) — Once-lionized entrepreneur Elizabeth Holmes wrapped up seven days of testimony in her criminal fraud trial Wednesday, having largely used the time to defend her actions as CEO of the startup Theranos. The company she founded had soared on the promise of innovative...

Elizabeth Holmes gets emotional under fire by prosecutors

Nov. 30, 2021 20:02 PM EST

SAN JOSE, Calif. (AP) — One-time entrepreneur Elizabeth Holmes, under questioning by prosecutors, struggled Tuesday to recall key events that led to her facing criminal fraud charges for allegedly fleecing investors and customers of her failed blood-testing startup Theranos. ...

Report: Free deal for Colorado COVID effort costs taxpayers

Nov. 22, 2021 12:52 PM EST

DENVER (AP) — Colorado paid more than $630,000 last year to a group of personal and business associates of Gov. Jared Polis that had ostensibly volunteered to help the state manage its way through the COVID-19 pandemic by tracking people’s movements, records show. ...

Black entrepreneurs in Miami feel bypassed by the tech boom

Nov. 21, 2021 03:11 AM EST

MIAMI (AP) — Black hair care is often overlooked by venture capitalists, a world that remains distant from Black and Brown communities. Only 2% of venture capitalists are Black men and only 1% are Black women. Miami entrepreneur Rishielle Giscombe is undeterred. In an...

As tourism brightens, Times Square hopes to regain luster

Nov. 20, 2021 10:55 AM EST

NEW YORK (AP) — David Cohen has been yearning for a return to the days when business boomed at his family's souvenir shop in Times Square. While tourists have begun returning, foot traffic into Grand Slam souvenirs is still not what it was before the coronavirus...

How to bounce back after a business fails

Nov. 18, 2021 07:12 AM EST

For small-business owners, failure isn’t an option — it’s a reality. For example, consider the roughly 733,000 businesses that launched in the U.S. in the year leading up to March 2016. Only about half made it to March 2021, according to the Bureau of Labor...