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42°
Wednesday, dec 4
Tag:
Entrepreneurship
Business
Married Couple Bakes 'Ultimate Dream,' Opens NJ Bagel Shop Inspired By Love Story
A Gloucester Township couple is blending their hometown roots with some flavor from Beantown with their new bagel shop. Kimberly and Victor Corsello have opened up Boswood Bagels at 1160 Chews Landing Road in Gloucester Township. The shop held a grand opening on Friday, Nov. 29, according to the store's social media posts. The husband-and-wife team said they were "completely speechless" by the opening weekend's success. "Never in my wildest dreams did I think we would have such a big turnout," Kimberly wrote on Facebook. "To all the friends, family, neighbors,…
Business
Jersey Mike’s Sells Majority Stake To Blackstone, Chain's Founder Aims For 'Greater Heights'
Jersey Mike’s Subs, a Garden State icon that grew into a national sandwich powerhouse, is set to sell a majority stake to private equity giant Blackstone, officials said. The Manasquan-based restaurant chain has agreed to sell the stake in the company, Blackstone said in a news release on Tuesday, Nov. 19. Jersey Mike’s founder and CEO Peter Cancro will keep a significant equity share and continue leading the business. When he was 14 years old, Cancro began working at the original location in Point Pleasant that opened as Mike's Subs in 1958. At 17, he bought the restaurant in 1975 and…
Politics
Elon Musk, Vivek Ramaswamy Tapped To Head Trump's New Dept. Of Government Efficiency
President-Elect Donald Trump continues to fill his cabinet with loyalists and his biggest supporters following his sweeping victory in last week's election. He announced Tuesday, Nov. 12, that two billionaire former rivals turned allies, Elon Musk and Vivek Ramaswamy, would head up his new Department of Government Efficiency. Related: Trump Nominates NY Rep. Elise Stefanik As UN Ambassador The tech entrepreneur, age 53, and the 39-year-old Harvard and Yale Law grad will be tasked with major cuts in government spending. Trump called it "The Manhattan Project" for a new…