In three days, the estimated selling price of Shake Shack's IPO went from $14-$16 per share to $21. That was before it started trading this morning at nearly $50 a share. Read more »
S hake Shack began in 2001 when Danny Meyer, who had a restaurant next to New York's Madison Square Park, listened to an idea his business partner Randy Garutti had to set up a hot dog cart in the park. The wildly popular cart set up shop for three summers and sold Chicago-style hotdogs in the middle of Manhattan. It was replaced by a permanent structure in 2004 that expanded the menu to include ...23 minutes ago
A lmost overnight Google rose to mobile phone dominance back in 2012 when it acquired operating system startup Android for an estimated$50 million.
So it only makes sense that a company founded by a man whose singular focus is to make Android obsolete would be a hot asset to any of the search giant's competitors.
CyanogenMod co-founder and CEO Kirt McMaster is in discussions with Microsoft to ...25 minutes ago
While some brands go for laughs at the Super Bowl, Coca-Cola goes all in on earnestness. The Atlanta-based soft drink colossus is following up last year's memorable "It's Beautiful" spot—featuring "America the Beautiful" sung in eight different languages—with a campaign against online negativity. Maybe the Coca-Cola social media managers are tired of trolls in their YouTube comments? ...48 minutes ago
The Synek Draft System, a crowd-sourced draft beer dispenser that seeks to allow users to drink any beer — at any time — from their kitchen countertop, has settled on a final dispenser design as it nears its public launch.
...1 hour ago
I n today's global business marketplace, the ability to sell to and communicate effectively with different cultures cannot be underestimated.
I found this out very quickly when I lived and worked in Switzerland. I didn't expect that there would be specific things about me that would have a negative impact when promoting my company's Cross-Cultural Training Seminars. However, I found out very ...2 hours ago
B ouncing Pixel, a Houston-based interactive design studio, plans to launch a new startup venture firm, Pixatronic Ventures, with the hope of generating more Web and technology companies in the Houston market.
President Jerald Reichstein, his brother Bruce Reichstein and their partner Jackson Lau want to create a test lab for different projects that, if successful, will lead to new tech companies ...3 hours ago
H ip-hop mogul Marion "Suge" Knight, who co-founded Death Row Records and has already spent time in prison, is facing a murder charge in a hit-and-run in Los Angeles.
The Los Angeles County Sheriff's office said Knight was arrested at about 3 a.m. this morning and is being held on $2 million bail. He turned himself in to police with his attorney saying the rap mogul accidentally ran over and ...3 hours ago
Sign up to receive Upstart Business Journal’s free daily email newsletter, weekend edition and breaking news alerts.