Circuit City Trusted the Spreadsheet. Best Buy Trusted the People. Only 1 Survived

Companies racing to replace people with AI may be repeating the same mistake that destroyed Circuit City. Former Best Buy CEO Hubert Joly explains why.

Companies racing to replace people with AI may be repeating the same mistake that destroyed Circuit City. Former Best Buy CEO Hubert Joly explains why.
A startup founded by Bryan Johnson spent a decade building a headset that measures brain activity using lasers. Health correspondent Hilary Brueck went to Kernel’s headquarters in Los Angeles to test the technology and learn how the company believes better brain data could help doctors, researchers, and even businesses understand how we think.
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Intuit CFO Sandeep Aujla admits the company has lost market share in its consumer tax business in recent years, but he says he has a plan to win customers back. Speaking at the Goldman Sachs Communacopia and…
Connecticut officials have issued a public warning about the dangers of using unregulated overseas decentralized finance platforms after one state resident transferred a large sum that could not be retrieved. Attorney General William Tong released the consumer alert on September 3, 2026, together with Banking Commissioner Jorge Perez. The notice described how a person who…
The cost of the Reserve Bank of India’s (RBI’s) concessional swap facility for FCNR(B) deposits is unlikely to have been a factor behind the central bank’s decision to close the window a month ahead of schedule, with the cumulative hedging cost estimated at around $10.5 billion over five years, according to an SBI Research…
Another 19% of Gen Z describe themselves as “fast followers,” meaning they move quickly once a trend shows early traction. Together, more than a third of the youngest generation of investors are inclined to get into emerging opportunities before they are widely proven — a proportion that dwarfs that of older generations. “Their willingness to…
Investment trusts are often a sound investment but picking one that stands out from the crowd can really boost your returns. So if you’re trying to decide where to invest for the second half of the year it could pay to see which trusts and sectors have outperformed the rest over the last six months….