Tag:

Entrepreneurship

Trenton Man Targeted Business Owners In Deadly Crime Spree, Federal Prosecutors Say Trenton Man Targeted Business Owners In Deadly Crime Spree, Federal Prosecutors Say
Trenton Man Targeted Business Owners In Deadly Crime Spree, Federal Prosecutors Say A Trenton man was given federal charges after being accused of orchestrating three armed robberies, including one that resulted in the death of a cannabis shop owner, authorities said. Paul McNeil, 38, was charged with murder during and in relation to a crime of violence, three counts of Hobbs Act robbery, conspiracy, and multiple gun offenses, New Jersey's U.S. Attorney Philip Sellinger said in a news release on Wednesday, Dec. 11. According to court documents and statements, McNeil and a co-conspirator robbed an automotive recycling shop in Ewing on Friday, Sept. 30, 2…
Jersey Mike’s Sells Majority Stake To Blackstone, Chain's Founder Aims For 'Greater Heights' Jersey Mike’s Sells Majority Stake To Blackstone, Chain's Founder Aims For 'Greater Heights'
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…
Elon Musk, Vivek Ramaswamy Tapped To Head Trump's New Dept. Of Government Efficiency Elon Musk, Vivek Ramaswamy Tapped To Head Trump's New Dept. Of Government Efficiency
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…