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California’s most expensive 7-Eleven sells for $12 million weeks after opening

California’s most expensive 7-Eleven sells for $12 million weeks after opening

A 7-Eleven store in Madera, California opened in late April and sold just weeks later for $12 million, setting a new record as the highest price ever paid for a 7-Eleven in the state. The rapid turnaround highlights how valuable certain local convenience locations can become when demand and visibility align.

Summarised by Beize from a story on Entrepreneur on 14 May 2026
US CEO Graham Walker paid 540 workers nearly $240 million after selling Fibrebond for $1.7 billion

US CEO Graham Walker paid 540 workers nearly $240 million after selling Fibrebond for $1.7 billion

Louisiana CEO Graham Walker surprised 540 Fibrebond employees by distributing nearly $240 million shortly after selling the family business for $1.7 billion to Eaton. Walker earmarked 15% of the proceeds for workers despite no ownership stake, translating into an average of about $443,000 each over five years. Payments began in June under a retention agreement, though employees over 65 could retire immediately. Workers used the windfall for mortgages, home upgrades, travel, and early retirement.

Summarised by Beize from a story on The Economic Times on 14 May 2026

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US CEOs line up for Trump Xi summit chasing China approvals from Meta to Tesla and BlackRock

US CEOs line up for Trump Xi summit chasing China approvals from Meta to Tesla and BlackRock

A delegation of more than a dozen U.S. CEOs will join President Donald Trump on his May 14-15 summit with China’s Xi Jinping, but this time the visit is built around “tangible asks” rather than big trade announcements. Companies including Tesla, Meta, Mastercard, Visa, BlackRock, Illumina and others are seeking regulatory approvals, market access and investment openings amid tougher scrutiny of U.S. tech, shifting export controls and political tension. Officials say the summit is meant to unlock stalled conversations.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Graceland entrepreneur buys Dracula’s Bran Castle and targets US tourism surge

Graceland entrepreneur buys Dracula’s Bran Castle and targets US tourism surge

Joel Weinshanker, the US businessman behind Graceland and Party City, has acquired a majority stake in the operations of Romania’s Bran Castle, famously dubbed Dracula’s castle. The site draws over a million visitors a year, and Weinshanker wants to scale tourism further by focusing on the US and Western Europe, turning it into a bigger magnet for fans of vampire lore and history.

Summarised by Beize from a story on The Economic Times on 14 May 2026
e.l.f Cosmetics co founder gives away fortune to become a Catholic priest after feeling empty

e.l.f Cosmetics co founder gives away fortune to become a Catholic priest after feeling empty

Scott-Vincent Borba, co-founder of e.l.f. Cosmetics, walked away from a fortune from the $3 billion beauty brand after saying wealth and success still left him feeling empty. He’s giving up major assets, including a beach house and an Aston Martin, to pursue a calling as a Catholic priest. His decision spotlights burnout and why many chase meaning beyond money.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Inspire Brands files for a massive IPO that could reshape the restaurant investment landscape

Inspire Brands files for a massive IPO that could reshape the restaurant investment landscape

Inspire Brands, the owner of Dunkin and Buffalo Wild Wings with over 33,300 restaurants worldwide, has confidentially filed for an initial public offering. If the deal reaches the rumored $20 billion scale, it could become one of the largest restaurant listings in history. The filing signals renewed momentum for big restaurant groups seeking public-market capital.

Summarised by Beize from a story on Entrepreneur on 12 May 2026

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Ambani cola war sparks fridge bonanza as Coke and Pepsi flood small stores

Ambani cola war sparks fridge bonanza as Coke and Pepsi flood small stores

India’s cola battle between Reliance’s Campa Cola and beverage giants Coca-Cola and PepsiCo is unexpectedly boosting commercial refrigeration sales. To grab market share, companies are aggressively installing coolers even in small retail outlets, turning these refrigerators into a marketing tool that directly drives product visibility and sales.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Sanjeev Bikhchandani pivots as Info Edge leans harder on Zomato amid IT hiring slowdown

Sanjeev Bikhchandani pivots as Info Edge leans harder on Zomato amid IT hiring slowdown

With IT hiring slowing, Info Edge—Sanjeev Bikhchandani’s recruitment-led business—has started taking a backseat for the first time. Instead, its fortunes increasingly track the market value of Zomato, in which it holds 12.24%. The shift signals how job-market softness is pushing investors to focus on tech platform valuations over staffing revenues.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Cloudflare says AI made 1100 jobs obsolete while revenue hit a record high

Cloudflare says AI made 1100 jobs obsolete while revenue hit a record high

Cloudflare announced its first large-scale layoffs, with CEO Matthew Prince saying AI-driven efficiency reduced the need for certain support and operational roles. The decision lands as the company reported record-high revenue, raising questions about whether AI is reshaping headcount faster than growth. The moves underscore how AI adoption is altering staffing models, even amid strong financial performance.

Summarised by Beize from a story on TechCrunch on 8 May 2026
Value 360 Communications IPO oversubscribed 1.19 times to list on NSE Emerge May 11

Value 360 Communications IPO oversubscribed 1.19 times to list on NSE Emerge May 11

Value 360 Communications’ Rs 41.69 crore IPO concluded on May 6, 2026, attracting an overall subscription of 1.19 times. The company, which provides integrated communications and marketing solutions, will list its shares on the NSE Emerge platform on May 11. The issue received participation across all investor categories.

Summarised by Beize from a story on The Economic Times on 7 May 2026

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James Murdoch Walked Away From Fox News With 3 3 Billion Now Building His Own Media Empire

James Murdoch Walked Away From Fox News With 3 3 Billion Now Building His Own Media Empire

James Murdoch has reportedly moved on from the Murdoch family power struggle, after leaving Fox News with about $3.3 billion. Instead of following the same media model as his father, he is now investing that money into building a new media company with a markedly different direction, aiming to redefine what Murdoch influence looks like today.

Summarised by Beize from a story on Entrepreneur on 6 May 2026
India GCC revenue set to hit 98 4 billion by FY26 as AI reshapes operations

India GCC revenue set to hit 98 4 billion by FY26 as AI reshapes operations

India’s Global Capability Centre ecosystem is forecast to reach $98.4 billion by FY26, as companies shift from cost-focused delivery to AI-powered enterprise capabilities. The growth is being accelerated by AI integration, with nearly half of GCCs launched since 2021 designed around AI from the start, and more than 1,200 centers embedding AI/ML capabilities.

Summarised by Beize from a story on The Economic Times on 6 May 2026
Indian Firms Pledge Record 20.5 Billion to US as SelectUSA Summit Sparks Instant Deals

Indian Firms Pledge Record 20.5 Billion to US as SelectUSA Summit Sparks Instant Deals

US Ambassador to India Sergio Gor says Indian companies are committing a record USD 20.5 billion to the American economy, framed as a turning point for bilateral trade. At the SelectUSA summit, 12 firms announced deals right away, spanning sectors from healthcare to high-end technology, under President Donald Trump’s push for investment and partnerships.

Summarised by Beize from a story on Republic on 6 May 2026
Odisha CM Majhi launches 3 day Gujarat push to win investments and MoUs

Odisha CM Majhi launches 3 day Gujarat push to win investments and MoUs

Odisha Chief Minister Mohan Majhi is set for a three day visit to Gujarat to attract investments and convert interest into signed MoUs. The outreach targets textiles, chemicals, metals, and pharmaceuticals, with an investor roadshow in Ahmedabad plus a visit to Mundra port, aiming to strengthen business linkages and momentum for new projects.

Summarised by Beize from a story on The Economic Times on 6 May 2026

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Vedanta demerger from May 2026 aims to unlock value and boost global scale, Anil Agarwal says

Vedanta demerger from May 2026 aims to unlock value and boost global scale, Anil Agarwal says

Vedanta Limited says its demerger will become effective in May 2026, creating standalone businesses designed to unlock value. Chairman Anil Agarwal points to strong FY26 earnings, improving profits, and expansion plans across multiple segments as signals of sustained long-term growth. The move is positioned as a strategic reset to broaden scale and sharpen focus across operations.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Indian firms pour 16.4 billion into US creating 70800 jobs and funding R and D

Indian firms pour 16.4 billion into US creating 70800 jobs and funding R and D

Indian companies have invested USD 16.4 billion in the United States, helping create about 70,800 jobs, according to officials. The firms also put USD 330 million toward research and development, backing innovation alongside community growth across multiple states. The inflow is being framed as a boost to the US economy, with companies like Sun Pharmaceutical recently announcing major deals.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Kone set to buy TK Elevator for 34 billion in Europes biggest takeover surge

Kone set to buy TK Elevator for 34 billion in Europes biggest takeover surge

Finnish lift maker Kone plans to acquire German rival TK Elevator in a $34-billion deal, positioning it among Europe’s biggest takeovers in recent times. The agreement involves TK Elevator’s private equity owners Advent International and Cinven, plus other investors. Together, the combined company would employ over 100,000 people and generate more than 20 billion euros in annual revenue.

Summarised by Beize from a story on The Economic Times on 4 May 2026
Long Lake to buy Amex GBT for 6.3 billion in AI travel bet

Long Lake to buy Amex GBT for 6.3 billion in AI travel bet

Investment firm Long Lake is set to acquire American Express Global Business Travel for $6.3 billion in an all-cash deal, signaling fresh momentum in dealmaking. The company’s pitch is to use artificial intelligence to transform how corporate travel is planned and managed. The acquisition is expected to close in the second half of 2026.

Summarised by Beize from a story on The Economic Times on 4 May 2026

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Dollar Industries founder Dindayal Gupta dies at 88 after building hosiery empire from scratch

Dollar Industries founder Dindayal Gupta dies at 88 after building hosiery empire from scratch

Dindayal Gupta, founder and chairman emeritus of Dollar Industries Limited, died on Saturday at 88 due to age-related ailments. He founded the hosiery company in 1972 and grew it from humble beginnings into a major apparel manufacturer, reaching revenues above Rs 1,700 crore. Gupta is survived by his wife, four sons, and grandchildren.

Summarised by Beize from a story on The Economic Times on 2 May 2026
Spirit Airlines bankruptcy again as liquidation fears rise after costly battles with major carriers

Spirit Airlines bankruptcy again as liquidation fears rise after costly battles with major carriers

Spirit Airlines has filed for bankruptcy twice in recent years and now faces potential liquidation, a dramatic fall for a carrier that marketed itself as low-cost and nimble. The latest trouble comes as Spirit struggles against major airlines with stronger networks, deeper financing, and pricing power—leaving it unable to reliably recover or stabilize operations.

Summarised by Beize from a story on Entrepreneur on 30 Apr 2026
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