Plus, the creator of Cool Ranch Doritos on the chips’ little life lesson — and why Crystal Pepsi failed


Former President Donald Trump is heading to Washington for the day to hold a fireside chat with the chief executives of some of the largest U.S. companies.

When Howard Schultz, the former chief executive officer of Starbucks $SBUX, was having a hard time leading the coffee chain, he reached out to Steve Jobs, the co-founder of Apple $AAPL, for some advice.

Money may not buy happiness, but it can buy a whole lot of other things. Few people know that better than Elon Musk. the world’s richest person. He may soon be able to buy a lot, lot more.

Sometimes lightning strikes in the salad dressing aisle.
Former Yum Brands $YUM CEO David Novak — inventor of the Cool Ranch Dorito — said the beloved chip flavor got its start during a grocery trip to a Texas supermarket in 1984. He and other executives needed to develop new products that could help the struggling Frito Lay business. At the time, their biggest moneymaker was Doritos.

A judge overseeing the appeal hearing of disgraced Theranos founder Elizabeth Holmes hinted that she may have a shot at getting her conviction and at one point 11-year prison sentence appealed.

Presumptive Republican presidential nominee Donald Trump is wooing Wall Street and beyond with sweet talk of lower tax rates.
In a meeting with CEOs of the biggest U.S. companies on Thursday, Trump promised to cut the corporate tax rate to 20%, Bloomberg reports, citing unnamed sources familiar with the comments.

Former Yum Brands $YUM CEO David Novak created the Frito Lay flavor on a grocery trip in 1984, but not all of his ideas have landed