One in six people are estimated to be over the age of 65 by 2050. As the world’s aging population battles boredom and loneliness, some retirees are finding second careers to keep occupied. CNBC’s Uptin Saiidi met one couple in South Korea going back to work as Airbnb hosts.
Fauzia Abdur-Rahman has been serving Jamaican food in the South Bronx from her cart Fauzia's Heavenly Delights, right outside the courthouse, for the last 25 years. The menu changes every day, but there are always two meat options, a fish option and three vegetarian options.
With the help of her daughter and husband, Fauzia makes her famous jerk chicken three times a week, and finishes it with her homemade jerk sauce that she makes with pimiento and scotch bonnet peppers, plus a host of other ingredients.
Bloomberg Technology's Emily Chang speaks to Grab Co-Founders Anthony Tan and Hooi Ling Tan about the Southeast Asian ride-hailing business. In the exclusive conversation, they tell us how the company partnered with Uber, adding Dara Khosrowshahi to their board, and how they have their sights set on becoming a super-app.
Mama Jo has been serving breakfast staples like bacon, egg, and cheese sandwiches and omelets and traditional Greek pastries, such as spanakopita and baklava, from her food truck in Midtown Manhattan for over 35 years. She claims to be NYC’s oldest street food vendor and isn’t planning on retiring her legendary food cart any time soon.
Mama Jo’s breakfast menu is longer than some dine-in restaurants’ menus, and it’s all done without sacrificing quality. She gets her ingredients fresh every morning in Astoria, Queens, serves food with a smile, and genuinely cares about her customers, really earning the name Mama Jo.
(qlmbusinessnews.com via news.sky.com– Mon, 12 Dec, 2019) London, Uk – –
The Scunthorpe-based steel maker, which has 5,000 staff, collapsed into insolvency in May.
Turkey's military pension fund has entered into exclusive talks for the takeover of British Steel.
Sky News first revealed that Ataer, a unit of Oyak which looks after the pension pots of Turkey's military personnel, had entered into exclusive talks with advisers to the government who have been running the auction of the ailing steelmakeron behalf of the Official Receiver.
British Steel, which has its largest manufacturing site in Scunthorpe, collapsed into insolvency in May after the government chose not to give £30m to the company under its then-owner, Greybull Capital.
In a statement, Ataer Holding said it was now exclusively conducting a detailed financial, legal and operational review for a period of two months.
It said: “During the exclusivity period, close negotiations to be held with customers, suppliers, employees and trade unions is significant for the future success of British Steel.”
Ataer said since British Seel went bankrupt on 21 May and entered a formal auction process, nearly 80 bidders across the world have expressed an interest.
The Official Receiver, a government agency responsible for the auction process, said the talks were for the whole of British Steel.
It said: “Following discussions with a number of potential purchasers for the British Steel group over the past few weeks I am pleased to say I have now received an acceptable offer from Ataer Holdings A.S. for the purchase of the whole business and I am now focusing on finalising the sale.
“I will be looking to conclude this process in the coming weeks, during which time British Steel continues to trade and supply its customers as normal.”
OYAK general manager Suleyman Savas Erdem said: “We have achieved one of the biggest achievements of the Turkish steel industry and signed a preliminary agreement to buy the industrial giant of UK, British Steel.
“We will continue to evaluate opportunities globally inline with our growth-oriented vision and we will continue our investments to provide sustainable high benefit to our members.”
Around 4,000 people are employed at Scunthorpe, with more than 700 employees in Teesside and an estimated 20,000 in its supply chain.
Sky's City Editor Mark Kleinman exclusively revealed that Ataer's bid in British Steel came after lenders to the steelmaker put pressure on EY, the adviser to the government, to seal a takeover or begin closing down the Scunthorpe site.
Since its collapse into liquidation, British Steel has been funded through a taxpayer-backed indemnity and is estimated to be losing around £5m a week.
Former Supermodel Tyra Banks talks to WSJ's Lee Hawkins about “Modelland” — a multi-level entertainment, retail and dining complex she's opening in Santa Monica this year — her recent Sports Illustrated cover, and how she broke into the TV business.
Jewelry designer Kendra Scott believes she's living the American dream. She is a college dropout who became an entrepreneur. Sixteen years later, that business is worth a billion dollars. Gayle King spoke with the mom of three at her headquarters in Austin.
The village of Kamikatsu in Japan has taken their commitment to sustainability to a new level. While the rest of the country has a recycling rate of around 20 percent, Kamikatsu surpasses its neighbors with a staggering 80 percent. After becoming aware of the dangers of carbon monoxide associated with burning garbage, the town instated the Zero Waste Declaration with the goal of being completely waste-free by 2020.
Jeni Britton Bauer started Jeni's Splendid Ice Cream in a small stall in Columbus nearly 25 years ago. Today, Jeni's Splendid Ice Cream has 36 scoop shops around the country and sells 2 million pints of ice cream annually. After nearly 25 years in the business, making and selling ice cream has been hardwired into her very essence. And that's due, in part, to her upbringing. “I grew up loving ice cream because I'm from the Midwest,” Britton Bauer, tells CNBC Make It.
Blue Bottle Coffee offers drip coffee that costs roughly $5 per cup at more than 75 cafe locations around the world. The company touts its high-quality single-origin, freshly roasted artisanal beans. Based on Nestle's 2017 purchase of a majority stake in Blue Bottle the latter has a valuation of more than $700 million.
Before he founded Blue Bottle, James Freeman was a struggling classical musician roasting his own fresh beans as a hobby. Since he was obsessed with drinking the freshest cup of coffee he could find he purchased raw, green coffee beans before heating them himself. Freeman felt that most retail coffee chains over-roasted their beans.
Here's a day in the life of me and my wife Elena Cardone. A private plane from Miami to Houston, real estate shopping, then a trip to Las Vegas to speak at Thrive. How do you build an empire? You're either creating or destroying something every day! If you don't want to do something, but know you should, do it anyway. No matter how you feel. That's how you fast track your way to success .
“Find something you love, and find something that can change a billion lives.”
Dan Peña is by far one of the most eccentric American businessmen. Dwelling in the 550 year old Guthrie Castle in Scotland, Dan was originally known for turning $820 into $450 million in the oil business in the 1980s. Since then he has taken a break from the business world to focus on mentoring elite executives and boasts a net worth creation of $50 billion. As Ripley used to say, “Believe it, or not.”
Robert Kiyosaki is an entrepreneur, educator, and investor, best known as the author of Rich Dad Poor Dad—the #1 personal finance book of all time. He has challenged and changed the way tens of millions of people around the world think about money. And he has become a passionate and outspoken advocate for financial education.