Category: Business

BusinessStartups

Teen Entrepreneurs Forge New Paths in Business and Social Impact Before Graduation

A new generation of entrepreneurs is proving that business success doesn’t require waiting for graduation. Teen founders are building companies and social impact organizations while balancing academic responsibilities, with initiatives ranging from healthier candy alternatives to educational programs addressing gender gaps in STEM fields.

Rising Trend in Youth Entrepreneurship

Teen entrepreneurship is experiencing significant growth, with reports indicating that 60% of American teens would prefer starting their own business over traditional employment, according to a Junior Achievement study. Sources suggest this shift reflects Generation Z’s increasing comfort with digital tools, global networks, and their desire to shape cultural and business landscapes earlier in life.

by Priya Kapoor
Business

Macy’s Revival Strategy Shows Early Promise as New CEO Overhauls Historic Retailer

Under new leadership, Macy’s is embracing fundamental retail principles to reverse years of declining sales. The company’s focus on enhanced staffing, visual merchandising, and cultural transformation shows early signs of success amid challenging retail conditions.

Macy’s Strategic Transformation Underway

Macy’s new chief executive officer Tony Spring is implementing a comprehensive turnaround strategy for the 167-year-old department store chain, according to recent reports. After taking leadership in early 2024, Spring has shifted the company away from what he described as denial about its problems and toward embracing fundamental retail improvements.

by Priya Kapoor
AutomotiveBusiness

Volvo Forecasts North American Truck Demand to Soften Amid Economic Headwinds

The Swedish manufacturer projects North American truck demand will decline to 250,000 units next year as customers navigate economic uncertainty. European markets are expected to demonstrate stronger performance despite challenging conditions.

Market Outlook Shifts for Heavy Truck Sector

According to recent reports from Volvo, the North American truck market is expected to experience a moderate downturn next year as economic headwinds continue to challenge the freight industry. Sources indicate the company is forecasting an overall market of approximately 250,000 trucks for the coming year, representing a decline from the projected 265,000 units expected in 2025.

by Priya Kapoor