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Costco's Jim Sinegal on Building a Company That Will Endure


Sree VijaykumarHistory 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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What is APR? How to think about your annual percentage rate
What is APR? How to think about your annual percentage rate
Learn what APR is, how it works, and why it matters when comparing loans and credit — so you can borrow smarter


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Experts call for immediate cuts to water use from the Colorado River
Around two-thirds of San Diego County's water -- and all of Imperial County's water -- comes from the Colorado River.


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UK's first rice crop ripe for picking after hot summer
UK's first rice crop ripe for picking after hot summer
Paddy fields are thriving in a quiet part of east England and might help feed us in the future.


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How consumer pushback beat Trump's pressure campaign on Kimmel | CNN Business
How consumer pushback beat Trump's pressure campaign on Kimmel | CNN Business
The Jimmy Kimmel tug-of-war was about free speech, yes, but it was also about the free market.


 
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Do figs really have dead wasps in them?
Do figs really have dead wasps in them?
Does every fig you eat really have a dead wasp inside?


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NASA and SpaceX abort ISS reboost attempt - The Register
NASA and SpaceX abort ISS reboost attempt - The Register
: Meanwhile, Katalyst wins $30M contract to stop Swift telescope falling out of the sky


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South Korea data center fire 'paralyzes' vital services | CNN
South Korea data center fire 'paralyzes' vital services | CNN
Major fire at South Korea's national data center has halted hundreds of online government services including postal and tax facilities, Reuters reported.


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Meat is a leading emissions source - but few outlets report on it, analysis finds
Meat is a leading emissions source - but few outlets report on it, analysis finds
Sentient Media reveals less than 4% of climate news stories mention animal agriculture as source of carbon emissions


 
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Used EVs have never been cheaper. But are they a good deal?
Used EVs have never been cheaper. But are they a good deal?
The price gap between used electric and gas cars is now just $900. Whether that makes them a good deal depends upon the car, and the buyer.


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Kenyan police break up ring trafficking people to Russia to fight in Ukraine
Kenyan police break up ring trafficking people to Russia to fight in Ukraine
Recruitment materials, travel documents, and job offer letters were seized during the raid.


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The impact of large language models in science
The impact of large language models in science
Large language models (LLMs) are rapidly being implemented in a wide range of disciplines, with the promise of unlocking new possibilities for scientific ...


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Interpol Says 260 Suspects in Online Romance Scams Have Been Arrested in Africa
Interpol Says 260 Suspects in Online Romance Scams Have Been Arrested in Africa
A crackdown on cybercrime coordinated by Interpol led to the arrests across 14 African countries of 260 people suspected in online romance and extortion scams.


 
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China pledges to cut emissions by 2035: what does that mean for the climate?
China pledges to cut emissions by 2035: what does that mean for the climate?
The country's plan to reduce greenhouse gases will largely determine the world's emissions trajectory, researchers say.


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Xiaomi CEO Says Company Tore Apart 3 Tesla Model Ys to Study Them - Business Insider
Xiaomi 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.


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Dutch teens arrested for trying to spy on Europol for Russia
Dutch teens arrested for trying to spy on Europol for Russia
Two Dutch teenage boys aged 17, reportedly used hacking devices to spy for Russia, have been arrested by the Politie on Monday.


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?500m Thames Water desalination plant has provided just seven days' water over 15 years
?500m Thames Water desalination plant has provided just seven days' water over 15 years
Plant in Beckton has run only five times and has been beset by multiple problems since it was built


 
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When this EV maker collapsed, its customers became the car company
When this EV maker collapsed, its customers became the car company
Fisker Ocean owners have banded together to help keep their EVs alive after the company went bankrupt.


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Opinion | The Tax on Being a Girl
Opinion | The Tax on Being a Girl
In Uganda, desperation has eroded the social fabric and left women particularly vulnerable.


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Bananas? Taiwan entrepreneur wants to make clothes out of plant material
Entrepreneur Nelson Yang is reaching back into Taiwan's history to turn the humble banana plant into an unlikely sustainable textile.


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The Video-Game Industry Has a Problem: There Are Too Many Games - Bloomberg
The 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.


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Jaguar Land Rover plans to restart engine manufacturing in early October, report says
Jaguar Land Rover plans to restart engine manufacturing in early October, report says
Britain's largest automotive employer has been unable to assemble cars after a significant cyber attack


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US autism research gets $50 million funding boost - amid row over Tylenol
US autism research gets $50 million funding boost - amid row over Tylenol
An injection of funding into genetic and environmental factors underlying autism was eclipsed by Trump's controversial claims about acetaminophen.


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The Perks and Perils of a Work Nemesis - Business Insider
The 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.


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German AI start-up in funding talks at $4bn valuation - FT
German AI start-up in funding talks at $4bn valuation - FT
Black Forest Labs explores raising between $200mn and $300mn


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Brussels told to prove digital rules do not 'punish' US tech or fix them - FT
Brussels told to prove digital rules do not 'punish' US tech or fix them - FT
The EU must either prove that its digital rules do not punish US tech companies and infringe on freedom of speech or change them, Donald Trump's ambassador to the bloc has said, to ensure "a good relationship going forward".


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Trump authorises 'full force' as he orders troops to 'war-ravaged' Portland - FT
Trump authorises 'full force' as he orders troops to 'war-ravaged' Portland - FT
Move to protect immigration enforcement facilities is fourth deployment in Democrat-controlled US cities


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Private equity's rush to raise money raises fears of European sector shake-out - FT
Private equity's rush to raise money raises fears of European sector shake-out - FT
Big private equity groups want to raise three times as much cash in Europe next year as they are likely to secure in 2025, setting up a shake-out for the sector at a time when many investors have been starved of returns.


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The mafia hitman who dreamt of being a pop star - FT
The mafia hitman who dreamt of being a pop star - FT
The scarcely believable true story of convicted Israeli assassin Avner Harari


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How to Reinvent a Legacy Brand-and Win
How to Reinvent a Legacy Brand-and Win
An HBR Executive exclusive Q&A with Lew Frankfort, the former CEO of Coach and author of the new book, Bag Man.


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The slow demise of Russian oil - WSJ
The 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.


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German Police Carry Out Raids Connected to Northern Data - Bloomberg
German 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.


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Google's Monopoly in Advertising Tech Faces Court Reckoning - Bloomberg
Google'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.


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A Startup Used AI to Make a Psychedelic Without the Trip
A Startup Used AI to Make a Psychedelic Without the Trip
Mindstate Design Labs, backed by Silicon Valley power players, has created what its CEO calls "the least psychedelic psychedelic that's psychoactive."


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Fear and Hope in Venezuela as U.S. Warships Lurk
Fear and Hope in Venezuela as U.S. Warships Lurk
On a visit to Venezuela, The Times found a nation bracing for potential U.S. military action.


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Giant trees of the Amazon get taller as forests fatten up on carbon dioxide
Giant trees of the Amazon get taller as forests fatten up on carbon dioxide
"We're not seeing signs of them dying off," one of the study's lead authors told NBC News. "They are increasing in size and number as well."


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Americans Are Using PTO to Sleep, Not for Vacation - Report
Americans Are Using PTO to Sleep, Not for Vacation - Report
An Amerisleep.com survey revealed that 37 percent of Americans used vacation days in the past year just to rest.


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The doctor who says we can improve our vision - at any age
The 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.


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The AI bubble is the only thing keeping the US economy together, Deutsche Bank warns
The AI bubble is the only thing keeping the US economy together, Deutsche Bank warns
According to a research note recently sent to clients by Deutsche Bank, the AI boom is currently helping the US economy avoid a recession but it cannot...


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Study predicts Usain Bolt would have run 100m in 9.42 seconds in super spikes
Study predicts Usain Bolt would have run 100m in 9.42 seconds in super spikes
University of Massachusetts data analysis showed Olympic legend Usain Bolt could have run 0.16 seconds quicker over 100m in new super spikes


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‘It’s incredibly exciting’: ancient canoe unearthed after Hurricane Ian stormed through Florida
‘It’s incredibly exciting’: ancient canoe unearthed after Hurricane Ian stormed through Florida
Canoes collected in the state's historical resources division are stored in what Wilford said was a central archeological collections facility that is not open to the public. But the department operates an artifact loan program, with 26 canoes currently on display at museums across the US.


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America is losing its ability to deter China - WSJ
America 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.


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Xi is chasing a huge concession from Trump: Opposing Taiwan independence - WSJ
Xi 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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With Scant Information, Federal Workers Brace for Possible Shutdown
With Scant Information, Federal Workers Brace for Possible Shutdown
After a tumultuous year of staffing cuts, government employees now face the prospect of going without pay — or facing even more layoffs.


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N.C. Stabbing Suspect Had Many Interactions With Police and Little Treatment
N.C. Stabbing Suspect Had Many Interactions With Police and Little Treatment
Decarlos Brown Jr. had harbored paranoid delusions for years, yet under state law he was not considered dangerous enough to be treated against his will.


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Greene, Straying From Trump, Reflects an Emerging MAGA Split
Greene, Straying From Trump, Reflects an Emerging MAGA Split
The right-wing Republican congresswoman from Georgia has grown disillusioned with her own party and with President Trump, and increasingly willing to say so.


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A Stranger Shattered Their Lives. At First, They Didn't Know Why.
A Stranger Shattered Their Lives. At First, They Didn't Know Why.
A family reckons with the devastation left behind after a former N.F.L. player showed up on their property.


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Gunman Fires on Riverside Bar in North Carolina From Boat, Killing 3
Gunman Fires on Riverside Bar in North Carolina From Boat, Killing 3
Eight others were injured in the attack on the bar in Southport, N.C., the authorities said. The Coast Guard later detained a person matching a description of the shooter.


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A Man Is Linked to the Brutal 'Yogurt Shop Murders' 34 Years Ago
A Man Is Linked to the Brutal 'Yogurt Shop Murders' 34 Years Ago
Police said they used DNA to identify a suspect in the Austin killings known as the yogurt shop murders. The case has haunted the city for decades.


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Here's how you freeze your credit
Here's how you freeze your credit
Learn how to freeze your credit, protect your identity, and manage your accounts with Experian, Equifax, and TransUnion



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