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.
Actors who’ve worked with Nolan say he leads by example. “He won’t ask anyone to do anything that he’s not a thousand percent willing to do himself, twice as hard,” Robert Downey Jr. said in a 2024 Vanity Fair interview with fellow “Oppenheimer” stars Cillian Murphy and Emily Blunt. Murphy said one of the most…
Bangladesh’s first nuclear plant highlights emerging markets’ energy shift
That’s entertainment; false, fictitious and fraudulent; dismantled conspiracy; and other highlights of recent tax cases. Processing Content Miami: A Florida man pleaded guilty to evading taxes on millions in income that he earned from business ventures that sold internet access to American servicemembers and contractors stationed abroad. Between 2013 and 2018, Joseph Stewart, of Miami,…
As you get older, your spending on healthcare often tends to increase. That’s why you need to factor in the cost of medical services as you prepare for retirement. Unfortunately, many people make a serious mistake. They assume Medicare will provide comprehensive coverage that pays for everything they need. Sadly, this is far from the…
“Joe, how much did you spend on your wedding?” That’s how this episode kicks off, and it sets up the theme running through everything else. Joe and I help a couple figure out if their plan to retire together in 12 years actually holds up, and weigh in on whether a $60,000 wedding is a…
Wendell Huang, chief financial officer of Taiwan Semiconductor Manufacturing Co. (TSMC), during a news conference in Taipei, Taiwan, on Thursday, July 16, 2026. Bloomberg | Bloomberg | Getty Images TSMC is racing to accelerate capacity at its Arizona factory as the company continues to see a “multi-year demand mega trend” from its customers, Chief Financial…