February 22, 2026 - 05:20

After a landmark Supreme Court victory, the longtime CEO of a family-owned educational toy company is shifting his focus from legal battles back to business growth. Rick Woldenberg, who leads the firm founded by his grandfather over a century ago, recently prevailed in a case challenging the constitutionality of a federal tariff structure.
The legal fight was born from necessity. Sudden and costly tariffs on imports from China several years ago severely disrupted the company's supply chain and operations, threatening the business's very foundation. Woldenberg became an unlikely legal advocate, arguing that the tariff regime violated the Constitution's Appointments Clause.
With the Supreme Court ruling in his favor, a significant burden has been lifted. The decision not only benefits his company but sets a precedent for other importers. Now, Woldenberg is redirecting his energy toward stabilizing and expanding the business. This includes navigating ongoing supply chain complexities, exploring new product lines, and recommitting to the company's core mission of creating learning-focused toys. The victory marks the end of a costly chapter and the beginning of a renewed effort to ensure the company's legacy for future generations.
February 21, 2026 - 00:34
Hormel sells whole-turkey business to another Minnesota company, but Jennie-O remainsIn a strategic shift reflecting broader industry challenges, Hormel Foods has divested its whole turkey business to Life-Science Innovations, another Minnesota-based agricultural company. The move...
February 20, 2026 - 05:28
Tesla is dropping a budget version of the CybertruckIn a move to broaden the appeal of its angular electric pickup, Tesla has confirmed it is developing a more budget-friendly version of the Cybertruck. This strategic decision aligns with CEO Elon...
February 19, 2026 - 20:51
Lon Rosen to take over business operations for the LakersIn a significant front-office shift, the Los Angeles Lakers have appointed Lon Rosen as their new head of business operations. He succeeds Tim Harris, a revered executive whose tenure with the...
February 19, 2026 - 03:45
The AI Revolution Reshaping Software Development and BusinessThe software industry is undergoing a profound transformation, driven not by a single tool but by a fundamental shift in how applications are built and sold. Artificial intelligence is now a dual...