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The AI hype cycle is in full swing. Every week, a new agent or a new tool promises to reinvent business. But here’s the uncomfortable truth: AI won’t fix your digital transformation. It won’t save your broken systems. And it won’t magically create competitive advantage.The reason is simple: AI can’t function without a solid data foundation.Most enterprises are still drowning in data silos. The average company runs more than 800 apps, and fewer than one-third of them are integrated. Customer records are scattered across various systems, including billing, marketing, loyalty, and sales. Information is outdated, duplicated, and disconnected. In this…
As my 2-year-old son happily touched the door handle, walls, and lock of the festival bathroom — a portable toilet that smelled anything but fresh — I shuddered inside.”Not need a wee-wee after all,” he said to me, with a wide smile.I barely repressed what I could only describe as a growl, as I hurriedly let us out of the claustrophobic pod, trying hard not to touch anything at all.After covering my son’s hands with antibacterial gel, and wishing for the millionth time there were taps and running water, I pulled myself together and we hurried back to join our…
RALEIGH, N.C. (WTVD) — A Raleigh business was heavily damaged when a car ran into the building.ABC11 got a closer look at the damage inside at Carolina Kettle.”Yeah, a little sad. You know, unfortunately, we got to close for a little while. Um, so, yeah, you never like to do that, but. But there’s no stopping it when someone crashes their car in the front end of your small business,” said Josh Monahan who is an owner of the chip company.Video from overnight shows us a different perspective of the car that rammed into the building.Raleigh police tell us it…
Declines and glorious comebacks are all part of Milwaukee’s Historic Third WardA rough-and-tumble settlement, destruction by fire, immigrant-fueled rebirth, severe declines and glorious comebacks, are all part of the multi-layered narrative of Milwaukee’s Historic Third Ward.Mod Gen, a modern general store in Milwaukee’s Third Ward, is closing after more than two decades in business.”After twenty-five years it is time for us to retire and start a new chapter of life,” CEO Doug McDonald wrote in a Sept. 8 statement. “This journey has been filled with many successes and more than our fair share of challenges, and we are so grateful…
Here’s a problem if you’re hoping a technology-driven productivity upturn will soon supercharge the American economy: Artificial intelligence continues to attract capital more quickly than actual users. Goldman Sachs’s latest adoption tracker shows corporate use of generative AI crept up to 9.7 percent of US firms in the third quarter, only a modest rise from 9.2 percent three months earlier. Financial and real-estate companies are adding AI fastest, while education has pulled back. “Broadcasting and publishing firms reported the largest expected increase in AI adoption over the next six months,” the bank notes. Investment tells a different story, however. Since…
00:01 Speaker A It’s time for Yahoo Finance’s Market Minute. Stocks moving higher as investors set their sights on inflation data later this week. Markets keeping a close eye on the chances of a jumbo interest rate cut in September from the Fed. And turn to the S&P 500, three stocks set to join the index before the markets open on September 22nd. Robinhood, AppLovin, and Emcor all to be included in the S&P 500, taking the place of MarketAxess Holdings, Caesars Entertainment and Enphase Energy. Shares of Robinhood and AppLovin shares are surging ahead of this quarterly rebalancing. And…
Baker City received 13 proposals from firms interested in designing a tourism marketing campaign for the city. The city council will consider whether to pick one of the applicants during the council’s regular meeting Tuesday, Sept. 9, at City Hall, 1655 First St. The meeting starts at 6 p.m. The marketing contract is a major part of the city’s plan for spending the tax that guests pay when they stay at motels, vacation rental homes and other lodging businesses in the city. The city has had its own lodging tax since July 1. The tax is 7% of the rental…
Electric vehicle leases are big business for many dealerships right now, but front-end profits for those transactions fell in July, according to F&I software and analytics company StoneEagle. Elsewhere in the dealership, however, finance-and-insurance profits on EV leases helped make up for the tighter margins. EV lease volume grew 45.6 percent from June to July and accounted for nearly all of July’s lease growth at more than 8,900 U.S. dealer rooftops, StoneEagle said. But the average front-end gross profit per new EV lease deal — the amount of money a dealership makes on the initial sale — fell more than…
A new class action lawsuit alleges that The Quaker Oats Co. falsely advertises its Life Cereal products as containing no artificial preservatives.