Pavan Agarwal Created a Private Lending Business Without External Funding. Here Is What It Took
Sun West Mortgage Company: A Rare Independent Success In an era where many companies have merged or shifted towards private equity, Pavan Agarwal has achieved something noteworthy. He has kept Sun West Mortgage Company independent, ensuring it remains a family-run business while steering its growth on his own terms. Founded in 1980 by his father, […]
Family that built egg business made $320M amid claimed price-fixing scheme, report says
The family behind the largest egg production company in the U.S. has reportedly made around $320 million by selling off part of its stake in Cal-Maine Foods. This comes shortly after federal authorities started investigating allegations that egg producers were manipulating prices, which led to significant inflation in grocery costs. For nearly 70 years, the […]
Grocery stores and bodegas say city officials are asking for private business information while preparing to open government-owned supermarkets.
Store owners in New York City are expressing concern that city representatives are intruding into their businesses, demanding various personal details. This comes in the context of Mayor Zoran Mamdani’s state-run supermarket initiative, which some fear could create unfair competition. At a press event on Tuesday near La Marqueta in East Harlem, one of five […]
Cherished owner of iconic, family-operated NYC donut shop passes away after 33 years in business
The matriarch of a well-loved family-run pastry shop in Brooklyn has passed away, leaving behind a legacy that spanned over three decades. Donna Ciafakas, who ran Peter Pan Donut & Pastry Shop in Greenpoint, died on June 30 at the age of 69, as her family shared in her obituary. A handwritten notice was displayed […]
Microsoft reduces workforce by almost 5,000 employees, primarily at Xbox: ‘Our business is not performing well’
Microsoft is planning to lay off 4,800 employees, primarily affecting its Xbox division, as it adjusts to shifts in the technology landscape driven by advancements in artificial intelligence. This decision follows the company’s substantial investments in AI after a long focus on gaming. Amy Coleman, Microsoft’s chief human resources officer, noted in a memo that […]
Bar in NYC Requests Taylor Swift Compensate for Business Loss Due to Wedding-Related Street Closures
NYC Bar Claims Revenue Loss Due to Taylor Swift’s Wedding Preparations A bar in New York City is expressing frustration towards Taylor Swift and her partner Travis Kelce, asserting they’ve lost thousands in revenue due to street closures for their wedding. O’Brien’s Bar & Grill, located on 31st Street near Madison Square Garden, has faced […]
‘Engineers, Not Business Operators’: The Reasons Behind Loopring Ending Its DEX
Loopring is distributing funds directly to users and will cover transaction fees. Users don’t need to take any action. Loopring, which was the first to introduce a zero-knowledge rollup on Ethereum, has announced that its decentralized exchange will halt all trading services immediately. The relayer is already offline. The decision to shut down was made […]
Gavin Newsom earned over $410,000 from his wine business and hospitality projects in 2025
Gavin Newsom’s wine business is thriving despite his responsibilities as governor. The details of his extensive network of wineries, hotels, and brewing enterprises have been outlined in his economic disclosures as California’s governor. Amid a federal investigation into tax-related issues involving Newsom’s wife, colleagues, and family, his personal finances are under increased scrutiny. He has […]
The journey of an immigrant to lead the US Small Business Administration
The 2026 American Dream: Personal Reflections The Milken Center for Advancing the American Dream showcases U.S. citizens sharing what the 2026 American Dream signifies for them, running until July 4th. Among those is Maria Contreras-Sweet, the former Commissioner of the U.S. Small Business Administration. Born in Guadalajara, Jalisco, Mexico, Maria reflects on her childhood, particularly […]
Palisades Village is back open for business following severe wildfires.
Pacific Palisades Begins to Rebuild After Wildfire Devastation For 17 months, the Pacific Palisades has been feeling the lingering effects of one of Los Angeles’ most destructive wildfires. Now, signs of recovery are starting to emerge. Following the Palisades fire in January 2025, 883 homes have been approved for reconstruction, and families are finally settling […]