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Costco's Jim Sinegal on Building a Company That Will Endure
History is rife with examples of highly successful companies that lost their footing after their founders or early leaders who made them great left or died. Their ranks include Ford Motor Company, Walt Disney Company, Apple after Steve Jobs was pushed out in 1985, Hewlett-Packard, and Starbucks.
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WorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkXiaomi CEO Says Company Tore Apart 3 Tesla Model Ys to Study Them - Business Insider Xiaomi's CEO revealed this week just how closely the company is studying its competition at Tesla.During his annual speech on Thursday, Xiaomi chief executive Lei Jun said the company had bought 3 Tesla Model Ys and ripped them apart to examine them."We bought 3 Model Ys at the start of this year, disassembling the parts one by one, and studied every component, one at a time," he said to a large crowd at the Beijing National Convention Center. WorkWorkWorkWorkWorkWorkThe Video-Game Industry Has a Problem: There Are Too Many Games - Bloomberg On Sept. 4, the independent game developer Team Cherry released Hollow Knight: Silksong, the long-anticipated sequel to an indie gem that was seven years in the making. Reviews pegged it as one of the best games of 2025.On Sept. 25, the independent game developer Supergiant Games released (the full version of) Hades II, the long-anticipated sequel to an indie gem that was five years in the making. Reviews pegged it as one of the best games of 2025.Between these two instant classics came a slew of critically acclaimed games, including a remake of the beloved The Legend of Heroes: Trails in the Sky, the latest entry in the popular Borderlands franchise and a cooperative puzzle game starring two Lego pieces. There was also a new Dying Light zombie-action game, an intriguing adventure game and a new entry in the longrunning Silent Hill franchise.And that was just September. WorkWorkWorkThe Perks and Perils of a Work Nemesis - Business Insider Henry Kirk has spent his career as a software developer and manager in the hyper competitive realm of Big Tech. He describes himself as intense and focused on getting things done rather than playing into corporate politics. That attitude might be great for shipping products -- but it's also fertile ground for making workplace rivals. WorkWorkWorkWorkWorkWorkWorkThe slow demise of Russian oil - WSJ Russia has powered its war in Ukraine by keeping its oil flowing. Now, after more than 3 1/2 years of conflict, the gusher is slowly starting to peter out.The toll of the war and Western sanctions have made extracting oil out of Russia's already shrinking reservoirs harder. Some projections point to at least around a 10% drop in output by the end of the decade, putting the Kremlin's economy--and the petrodollars it is built on--in peril. WorkGerman Police Carry Out Raids Connected to Northern Data - Bloomberg German police carried out raids related to data center company Northern Data AG, Frankfurt-based prosecutors said on Friday."There were raids in connections with Northern Data yesterday," a spokesperson for the agency told Bloomberg News.The spokesperson declined to comment on the target of the raids or what investigators were searching for. Prosecutors will release more details on Monday, he said. A representative for Northern Data didn't immediately respond to a request for comment. WorkGoogle's Monopoly in Advertising Tech Faces Court Reckoning - Bloomberg Google avoided being broken up earlier this month when a US judge declined to force the company to sell its Chrome browser and instead imposed lighter conditions to remedy the company's illegal monopoly of the search market. But the tech giant isn't out of jeopardy. On Sept. 22, a different federal court will hold a hearing to weigh whether Google should be compelled to sell tools it has used to maintain a monopoly over advertising technology. The hearing follows a ruling by the court in April that Google illegally sought to squelch competition in the market used to buy, sell and display advertising around the web. WorkWorkWorkWorkWorkThe doctor who says we can improve our vision - at any age life is harsh on the eyes. We spend much of it indoors, staring at screens, day and night, and when the world starts to blur in our forties we get glasses. Research shows that short-sightedness, or myopia, is increasing at an alarming rate. An estimated 30 per cent of the global population is myopic and by 2050, that is expected to rise to 50 per cent, according to the International Myopia Institute."While genetics and environment both play a significant role in the progression of challenges like myopia, I believe environment is the root cause of its drastic increase," says Dr Bryce Appelbaum, a neuro-optometrist based in Maryland in the US. WorkWorkWorkWorkWorkAmerica is losing its ability to deter China - WSJ China's Defense Minister Dong Jun has renewed a threat to take over Taiwan. In remarks at a Beijing security forum on Sept. 18, Mr. Dong asserted that the island's "restoration" to China was "an integral part of the postwar international order." His comments came on the heels of China's grand military parade, in which Beijing displayed a suite of missiles, aircraft and other weapons.The signs are clear: Beijing presents a serious and growing challenge to the U.S. and is rapidly undermining U.S. deterrence in the region. WorkXi is chasing a huge concession from Trump: Opposing Taiwan independence - WSJ Having set the stage for a year of high-level engagement with the Trump administration, Xi Jinping is now chasing his ultimate prize, according to people familiar with the matter: a change in U.S. policy that Beijing hopes could isolate Taiwan.As President Trump has shown interest in striking an economic accord with China in the coming year, the people say, the Chinese leader is planning to press his American counterpart to formally state the U.S. "opposes" Taiwan's independence. 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