How Immigrant Entrepreneurs Build Lasting Businesses - Harvard Business Review (No paywall) - Apr 23, 2025

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- The top 25 stories read by CXOs! Editor's Pick On TikTok, Chinese factories are trolling anxious American shoppers Birkenstocks for $10? Not so fast. Continued here Work How Immigrant Entrepreneurs Build Lasting Businesses - Harvard Business Review (No paywall) Its acommonstory: an immigrant arrives in a new country,sees a need, andworks hard to build a successfulbusinessaround it. Think of Chobani, Google, or Tesla. Indeed,45 percent of Fortune 500 companies had immigrant founders.While most research focuses on why these people launched their businesses, perhaps more interesting is how they achieved lasting success. Neri Karra Sillaman is an entrepreneurship expert at Oxford Universityandthefounderofluxury leather goods companyNeri Karra. Shesstudiedthese entrepreneursand shares her findings, which offer lessons for anyone in the corporate world. Sillaman wrote the bookPioneers: Eight Principles of Business Longevity from Immigrant Entrepreneurs. Work Inside the $1 billion berry startup backed by Ray Dalios family office Trade tensions present other challenges for a global produce company. President Donald Trump has temporarily lowered new tariff rates on imports from most countries to just 10% until early July, but it's unclear what could happen after that deadline. India, where Fruitist owns nearly 50 acres to grow blueberries, is facing a 26% duty, for example. Work Clean energy is big business. These 5 threats loom large. In a world with too much noise and too little context, Vox helps you make sense of the news. We dont flood you with panic-inducing headlines or race to be first. We focus on being useful to you breaking down the news in ways that inform, not overwhelm. Work ChatGPT adds Washington Post content to growing list of OpenAI media deals The Washington Post on Tuesday inked a deal with OpenAI, allowing the startup's viral chatbot, ChatGPT, to display, summarize and quote the newspaper's content. Work US slaps steep tariffs on Southeast Asian solar imports - WSJ (No paywall) The U.S. broadened its trade dispute with China by imposing steep tariffs on solar imports from four Southeast Asian countries where mainland manufacturers have set up factories in recent years. Work Dealmakers are struggling to make sense of Trumps antitrust policy - WSJ (No paywall) In another world, Capital Ones $35 billion acquisition of Discover getting the go-ahead would be a bullish signal for mergers and acquisitions. But, given a lack of big deals so far this year, dealmakers have yet to make complete sense of the Trump administrations stance on antitrust regulation. Work Warren Buffett timed his Apple stock sale to perfection. Whats next? - WSJ (No paywall) Berkshire Hathaway is sitting on more cash than any company in history, including its own, at about $318 billion. Much of it piled up the old-fashioned way, in a steady stream from the conglomerates subsidiaries and investments. That got turbocharged last year when Berkshire sold a large chunk of its stock portfolionotably shares of Apple. Work SpaceX Launches Atomic Clocks With Lasers To Test Einstein Theory - Forbes (No paywall) Two cutting-edge atomic clocks the most accurate ever created have launched on a SpaceX rocket and are on their way to the International Space Station. In the coming months, they will use lasers to synchronize global clocks using global navigation satellite networks. Work Europe Still Lives in a Security Utopia - Foreign Policy (No paywall) Argument: Europe Still Lives in a Security Utopia Work Google, Tesla, Verizon, Lockheed Martin: Stocks to watch today GE Aerospace (GE+2.38%) also reported first-quarter results, with adjusted earnings per share of $1.49 and revenue reaching $9.94 billion, both surpassing analyst expectations. The company maintained its full-year guidance. CEO Larry Culp highlighted strong demand for maintenance services, as airlines extend the use of older aircraft amid delays in new jet deliveries from Boeing (BA+2.21%) and Airbus. The stock rose nearly 5% before the bell. Work Pope Francis' funeral details revealed: What to know Brendan Cole is a Newsweek Senior News Reporter based in London, UK. His focus is Russia and Ukraine, in particular the war started by Moscow. He also covers other areas of geopolitics including China. Brendan joined Newsweek in 2018 from the International Business Times and well as English, knows Russian and French. You can get in touch with Brendan by emailing b.cole@newsweek.com or follow on him on his X account @brendanmarkcole. Work Marco Rubio Shares Plans for Overhaul of State Department The secretary of state aims to eliminate an office that advances American values abroad in a plan aligning the agency with President Trump’s foreign policy approach. Work At Meta Trial, Instagram Co-Founder Says Startup Was Denied Resources Kevin Systrom said during testimony in a landmark antitrust trial that he believed Mark Zuckerberg, Meta’s chief executive, viewed Instagram as a threat. Work LinkedIns unlikely role in the AI race - The Economist (No paywall) Congratulate LinkedIn on its work anniversary! Next month the business worlds favourite social network will turn 22. The 1.1bn users of LinkedInwhich is a year older than even Facebookcan celebrate two decades of humblebrags, motivational quotes and automated congratulations from long-forgotten acquaintances. Microsoft, its owner, can meanwhile toast a canny acquisition. Since the tech giant bought LinkedIn eight years ago, for $26bn, the platforms annual revenue has grown from $3bn to $17bn. Work Crypto casino takings top $80bn as gamblers bypass blocks - FT (No paywall) Platforms now rival traditional betting groups in scale despite their services being illegal in most countries Work Google Paid Samsung Enormous Sums for Gemini AI App Installs - Bloomberg (No paywall) Search giant began payments to smartphone maker in January Payments for search default, app store had been found illegal Work Exclusive Report: Every AI Datacenter Is Vulnerable to China The unredacted report was circulated inside the Trump White House in recent weeks, according to its authors. TIME viewed a redacted version ahead of its public release. The White House did not respond to a request for comment. Work Superpower wants to help people detect and address health issues before symptoms appear | TechCrunch Aisha is a consumer news reporter at TechCrunch. Prior to joining the publication in 2021, she was a telecom reporter at MobileSyrup. Aisha holds an honours bachelor’s degree from University of Toronto and a master’s degree in journalism from Western University. Work The record-breaking tunnel being built from Denmark to Germany According to plans, revenues collected from toll fees will repay the state-backed loans that were taken out to finance the construction, and Mr Vincentsen calculates that will take around four decades. "Ultimately, the users are going to pay," he says. Work Roche says it will invest $50 billion in the U.S. as tariff fears hit pharma “Today’s announced investments underscore our long-standing commitment to research, development and manufacturing in the US,” said Roche Group CEO Thomas Schinecker in a press release. “Our investments of USD 50 billion over the next five years will lay the foundation for our next era of innovation and growth, benefiting patients in the US and around the world.” Work Instagram is rolling out Edits, its CapCut competitor While Edits is launching months after CapCut came back online in the US, Meta is adding some Instagram-specific features to lure Reels creators. This includes in-app post analytics, as well as the ability to import audio tracks they’ve previously saved in the app. And it sounds like Instagram creators can look forward to more specialized features in the future. In a blog post, the company notes that the current version of the app is merely “the first step” for Edits, and that it plans to collaborate with creators on more functionality going forward. Work More Than 220 Academic Leaders Condemn Trump's 'Overreach' The statement came a day after Harvard University sued the administration over its decision to freeze billions of dollars in federal funding, following the school’s refusal to submit to a list of demands. Work US dollar: Why should I care if the greenback falls? "The independence of central banks is seen as critical to ensure long-term price stability, ringfencing policymakers from short-term political pressures," says Susannah Streeter, head of money and markets at Hargreaves Lansdown. Work Trump tariffs: US forecast to be hit hardest of major economies Mr Gourinchas said the tariff pause did not "materially" change the global outlook from its reference forecast, because the overall effective tariff rate of the US and China remains high and uncertainty about the policy continues. Work Bessent says he expects 'de-escalation' in U.S.-China tariff fight in the 'very near future' Later Tuesday, White House press secretary Karoline Leavitt echoed Bessent's positive outlook toward talks with China, though neither official suggested that those negotiations have actually begun. Work Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimates Energy generation and storage revenue jumped 67% in the quarter to $2.73 billion from $1.64 billion a year ago. The company said growth in AI infrastructure is "creating an outsized opportunity for our Energy storage products to stabilize the grid, shift energy when it is needed most and provide additional power capacity." Work Exclusive: Ex-Meta engineer raises $14M for Lace AI, a revenue generation software startup “There’s a growing trend of applying AI to make a real impact in sectors historically underserved by tech, and this team has a keen understanding of how to do just that — accurately identifying and addressing the needs of these often overlooked segments represents an enormous opportunity,” he told TechCrunch. Work FDA to phase out dyes used in Flamin' Hot Cheetos, Skittles and other snacks "Now, reformulation activity has always been a part of the work that we do with our customer base, and we've been doing that for quite some time, but we are seeing a tick up in reformulation activity," McCormick CEO Brendan Foley told analysts on the company's earnings call in late March, adding that companies are seeking help cutting both artificial colors and sodium from their products. Work Auto groups lobby Trump administration against parts tariffs in rare unified message "We support more manufacturing and additional supply chains that run through the United States, but it is not possible to reroute global supply chains overnight or even in months. This will take time," reads the letter. Work Sarah Palin loses retrial of defamation case against New York Times But Palin’s lawyer Ken Turkel said: “This is not an honest mistake about a passing reference … For her, it was a life-changer.” Palin lost her first trial in 2022, but the second US circuit court of appeals last year said the verdict was tainted by rulings from the presiding judge. The case has been seen by Palin and other conservatives as a possible vehicle to overturn the US supreme court’s 1964 landmark New York Times v Sullivan ruling, which established the “actual malice” standard. Work Khloe Kardashian launches consumer brand backed by Serena Ventures, WME | TechCrunch Celebs have pumped out numerous hair care lines, liquor lines, and beauty products. The Kardashians have been there (and are still doing that). Now, their empire spreads from household cleaning products to the food in our pantries. Work Why Narcissists Emerge as Leaders Even in Childhood - Scientific American (No paywall) Narcissistic leaders both fascinate and repel us. They can be charming, act assertively and articulate visions that may inspire confidence, especially in times of uncertainty. This can attract many followers. In 1931 Sigmund Freud, the father of psychoanalysis, echoed this belief: [Narcissists] impress others as being personalities; they are especially suited to act as a support for others, to take on the role of leaders and to give a fresh stimulus to cultural development or to damage the established state of affairs. Work Why Did Pope Francis Never Return to Argentina? Francis never gave an explicit answer for not returning as pontiff to his native country, but some experts say he worried about having his presence used for political purposes. Work Russia may be willing to drop claims to parts of Ukraine it does not occupy The US is expected to relay Ukraine's response to Putin after the London meetings. Steve Witkoff, who is a close friend of Donald Trump and his informal envoy, is set to visit Moscow later this week. Witkoff has held three in-depth meetings with Putin, and his apparently warm relationship with the Kremlin has raised concerns in Ukraine that he may be amplifying Russian narratives. Work Putin ready for direct talks with Ukraine, spokesperson says Zelenskyy said he did not want to lose the US as a strategic ally and said it had a crucial role to play in the peace process. “We are America’s ally. Russia is a historic enemy of the US,” he said. “I believe the US is the real leader. We want them to exert pressure on Russia.” Work Pope Franciss Tangled Relationship with Argentina - The New Yorker (No paywall) No one is a prophet in his own land, Jesus warns in the Gospel of Lukenot even, apparently, the Pope. Francis was broadly popular around the world, especially among liberals. Toward the end of his life, though, his approval ratings dipped in the United States, where he had angered conservatives, and though he still enjoyed more than seventy-per-cent approval in some Latin American nationsColombia, Brazil, Mexico, and Peruthat support was falling. But in no country was the drop sharper than in his native Argentina, where, last year, his favorability had fallen twenty-seven points below the ninety-one per cent he had received at the time of his election, a dozen years ago. Work Veterans affairs agency orders staff to report each other for anti-Christian bias "If Trump really cared about religious freedom and ending religious persecution, he'd be addressing antisemitism in his inner circle, anti-Muslim bigotry, hate crimes against people of color and other religious minorities," the president and CEO of Americans United for Separation of Church and State, Rachel Laser, said in a statement. Work Advanced cancers returned to pre-pandemic levels, according to a reassuring report The report was produced by the North American Association of Central Cancer Registries, the National Cancer Institute, the Centers for Disease Control and Prevention and the American Cancer Society. Work An 'insane' calculus: A pharma company raised price for a rare disease drug 150% to cover Medicaid rebates The gambit was prompted by the penalties that companies must pay to Medicaid when they raise the price of a medicine above the inflation rate, a consequence of a provision in a federal law that went into effect in early 2024. Thanks to the American Rescue Plan Act, pharmaceutical companies are now required to pay that difference in the form of a rebate to the government health care program. Work To see off the Trump challenge, Canada must fix its productivity problem, says Michael Ignatieff - The Economist (No paywall) ACROSS THE world, Donald Trump has forced friend and foe alike to realise that they wont be able to meet the challenge he presents unless they also address the structural vulnerabilities of their own economies. Nowhere is this more dramatically the case than in Canada. Whoever wins the Canadian election on April 28th, the incoming prime minister will face a long-gathering productivity crisis that makes the country especially vulnerable to American economic pressure. Work Why OpenAI wanted to buy Cursor but opted for thefast-growingWindsurf | TechCrunch VCs who invest in developer tool startups are certainly watching. Speculating about OpenAI’s strategy, Chris Farmer, partner and CEO at SignalFire, told TechCrunch of the company, “They’ll be acquisitive at the app layer. It’s existential for them.” Work The Empty Arsenal of Democracy - Foreign Affairs (No paywall) Since its founding in 1922, Foreign Affairs has been the leading forum for serious discussion of American foreign policy and global affairs. The magazine has featured contributions from many leading international affairs experts. Work Judge Blocks Trump Effort to Dismantle Voice of America The judge also ordered the government to halt its efforts to shut down two other government-funded outlets, Radio Free Asia and the Middle East Broadcasting Networks. Work Trump says he has no plans to fire Fed chief Jerome Powell But the central bank has been holding off on further rate cuts as inflation has stayed stubbornly above the Fed’s target rate of 2% a year. Last week, Powell warned that Trump’s imposition of tariffs on most of the US’s trading partners could worsen inflation. Work Vibe coding helps Supabase nab $200M at $2B valuation just seven months after its last raise | TechCrunch While nothing will truly threaten Oracle’s current standing — it’s as deeply embedded in the tech of existing Fortune 1000 companies as possible — the rise of Supabase is interesting to watch. Work Unlike everyone else, Americans and Britons still shun the office - The Economist (No paywall) The backlash against remote work, when it came, was swift and fierce. After a post-pandemic honeymoon, when many companies flirted with the idea of letting staff work from home for ever, bosses began summoning employees back to the office. Ive had it with thisIve been working seven days a goddamn week since covid and I come in andwheres everybody else? groused Jamie Dimon, boss of JPMorgan Chase, in leaked comments from a recent townhall at the bank. Work The RealReal founder Julie Wainwright has written a memoir and an entrepreneurial survival guide Maggie Stamets is a Podcast Producer for TechCrunch based in Denver, Colorado. Previously, she worked as the Brand and Content Manager for BUILT BY GIRLS where she developed an interest in tech and a passion for creating equitable and welcoming professional tech spaces. She holds a bachelor’s degree in Journalism with a minor in English from Hofstra University in New York. Work Adaptive Computer wants to reinvent the PC with 'vibe' coding for non-programmers | TechCrunch Besides taking care of the back-end database and other technical details, Adaptive apps can work together. For instance, a user can build a file-hosting app and the next app can access those files.  Work IMF Warns on Trade-War Fallout for China, US in 2026 and Beyond - Bloomberg (No paywall) The International Monetary Fund said the latest escalation in the trade war risks saddling China and the US with losses that would only get worse after this year. Work The coming struggle to choose the next pope - The Economist (No paywall) THE DEATH of Pope Francis comes in the midst of a convulsive period in international affairs, one in which the late pontiff had been expected to play an influential role. His departure removes from the international scene a leader with vast soft power and a distinctly ambiguous view of President Donald Trumps new administration. Though by no means all of the worlds 1.4bn baptised Roman Catholics follow the guidance of their spiritual leader in temporal matters, even those who vehemently disagree with the opinions of a pope cannot ignore them. TradeBriefs Publications are read by over 100,000 Industry Executives About Us  |  Advertise  |  Privacy Policy Unsubscribe (one-click) You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is 3110 Thomas Ave, Dallas, TX 75204, USA Subscribe to: Post Comments (Atom) Followers Blog Archive ▼  2025 (21) ▼  April (14) Marco Rubio's Soulless Crusade - Foreign Policy (N... How Immigrant Entrepreneurs Build Lasting Business... 5 Practical Ways to Cut Ultra-Processed Foods From... Engineers develop eco-friendly plastic from minera... 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