The Business of Food

Economy

Universal basic income could be coming for kids

Entrepreneurs, intellectuals and presidential candidates have in recent years touted “universal basic income,” a cash stipend to everyone with no strings attached, as the answer to poverty, automation and the drudgery of work. It has never gotten off the ground in the U.S.

Lifestyle

Is Kendall Jenner's tequila the next billion-dollar Casamigos?

The model and reality star has launched her own 818 Tequila brand, joining a slew of stars like Dwayne “The Rock” Johnson and Ryan Reynolds in looking to build the next billion-dollar spirits empire after George Clooney’s Casamigos label sold for up to $1 billion in 2017.

Lifestyle

Shake Shack's Danny Meyer invests in digital health passport

The Shake Shack founder’s Enlightened Hospitality Investment firm is leading headlining a funding round of $100 million for Clear, a platform used in airports and aiming to expand beyond aviation to restaurants and hotels with its new digital health passport.