• Business

    OpenAI Says It Will Stay Under Nonprofit Control

    Months after publicly stating its intention to shake up its corporate structure, OpenAI has reversed course and decided that its nonprofit arm will keep controlling its for-profit business. According to an OpenAI blog post published Monday, the company’s board of directors decided that OpenAI will continue to rely on the oversight and control of its nonprofit division moving forward. “OpenAI was founded as a nonprofit, and is today overseen and controlled by that nonprofit,” OpenAI board chairman Bret Taylor wrote in the blog post. “Going forward, it will continue to be overseen and controlled by that nonprofit.” The company’s for-profit…

  • Business

    Uncovering Potential: Safehold’s Earnings Preview – Safehold (NYSE:SAFE)

    Safehold SAFE is set to give its latest quarterly earnings report on Tuesday, 2025-05-06. Here’s what investors need to know before the announcement. Analysts estimate that Safehold will report an earnings per share (EPS) of $0.42. The announcement from Safehold is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter. It’s worth noting for new investors that guidance can be a key determinant of stock price movements. Overview of Past Earnings During the last quarter, the company reported an EPS missed by $0.01, leading to a 7.92% increase in the share price on…

  • Business

    3 Power Moves Every New Graduate Should Make

    by BLACK ENTERPRISE Editors May 5, 2025 Aim for potential not perfection Dear Fairygodmentor, As a soon-to-be graduate, I feel overwhelmed by all the advice about finding the perfect job. How do I take the first steps toward a meaningful career?Best Regards, Gen Z Dreamer Dear Gen Z Dreamer,  I want to start this letter by first celebrating your achievement of completing four years of higher education! You did it! This is quite an accomplishment! I overstand! The advice from others is extremely overwhelming and oftentimes confusing. I want to share three power moves to help you take the first steps toward a…

  • Business

    Couple’s Small Business Is a Multimillion-Dollar Success

    Haley Weidenbaum, now co-founder with her husband Adam Weidenbaum of window-covering company Everhem, got her start in interior design back in 2011. She enrolled in a certification program on the topic through UCLA’s extension program, and a year and a half later, she was ready to take on business. That’s when Haley discovered Homepolish, the home-design startup that connected interior designers with clients. Haley worked as an interior designer with Homepolish for about six years. The company, which raised $20 million in funding in 2016, shuttered in 2019 after revealing it had run out of capital. Haley’s experience with Homepolish…

  • Business

    Steve Jobs Warned The Difference Between Good And Great Software Engineers Is ’50‑To‑1,’ Admitted Firing Non-Performers Was ‘Very Painful’ Yet Necessary – Apple (NASDAQ:AAPL)

    Two years before he returned to rescue Apple Inc. AAPL, Steve Jobs argued that hiring “only A players” is the single biggest lever in tech. What Happened: In a newly resurfaced clip of a 1995 interview for the Computerworld Information Technology Awards, clipped by Startup Archive, the then NeXT Computer chief said, “the difference between good people and great people in software is 50‑to‑1.” Jobs maintained that while taxi drivers or cooks vary by a factor of two or three, “the difference between the best person and the worst person [in software] is about 100‑to‑1 or more.” He saw his personal job…

  • Business

    Taraji P. Henson Expands Mental Health Mission At Coppin State

    by Daniel Johnson May 4, 2025 Henson will launch the latest iteration of SheCare wellness pods at Baltimore HBCU Coppin State University. Actress Taraji P. Henson has been an advocate for Black mental health for the past several years, and on May 2, Henson and her best friend, Tracie Jade Jenkins announced their intention to launch the latest iteration of SheCare wellness pods later this semester in conjunction with a Baltimore HBCU, Coppin State University. According to The Baltimore Banner, Jenkins is the executive director of the Boris Lawrence Henson Foundation, and the organization was founded by Henson in order…

  • Business

    Here’s What Every Entrepreneur Needs to Know About Pivoting

    Opinions expressed by Entrepreneur contributors are their own. Pivoting can be the difference between a business’s life and death. Those that didn’t make it have sad epitaphs: Kodak: “Clung to film after digital photos became king.” Blockbuster: “Ignored streaming while Netflix rewrote the script.” Nokia: “Connected people, but lost out on smartphones.” Changing course mid-journey can be painful, but as the above examples show, the alternative is worse. Think of a ship whose captain sees a major storm brewing on the horizon. Sure, the route has already been carefully plotted. But to continue on without accounting for new conditions would…

  • Business

    Robert Kiyosaki’s Stern Warning: ‘Tariffs Won’t Protect You, Tariffs Only Increase Inflation As Jobs Are Lost And Wages Come Down’

    Robert Kiyosaki recently expressed concerns over job security in the face of increasing tariffs and the rise of artificial intelligence (AI). What Happened: On Saturday, Kiyosaki, the author of the best-selling book “Rich Dad Poor Dad,” questioned the safety of jobs in a world where AI is rapidly advancing and tariffs are being raised. He applauded President Donald Trump‘s efforts to bring back American manufacturing jobs through tariff hikes, but also highlighted the threat posed by AI to professional jobs. Kiyosaki urged his followers to increase their financial education and adapt to the changing world. “Please take care. The world is changing. Please change…

  • Business

    What Shoppers Can Expect As Trump’s Tariffs Hit The Market

    by Nahlah Abdur-Rahman May 4, 2025 Shoppers will begin to see noticeable changes in the upcoming weeks. The looming Trump tariffs are expected to officially hit the market, making shoppers anticipate shortages and hiked prices across various stores. However, many are unaware of what will really come of the next few weeks as these tariffs roll out. Trump’s back-and-forth on tariff policy has caused confusion and disruption, including a notable 145% tariff imposed on China and fluctuating rates for other countries. Major retailers like Walmart, Amazon, and Target have also spoken with the president about consumers seeing empty shelves soon.…