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.
Sharp IMS Revenue Contraction Brings Down Market REDWOOD CITY, Calif., Aug. 19, 2026 /PRNewswire/ — According to a recently published report from Dell’Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, 5G Mobile Core Network (MCN) revenue in EMEA grew over 30 percent in 2Q 2026, contributing…
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…
The Federal Accounting Standards Advisory Board is looking for a new leader to succeed its current executive director, Monica Valentine, who plans to retire at the end of this year after over 35 years at FASAB. Processing Content The Federal Accounting Standards Advisory Board aims to improve federal financial reporting through issuing federal financial accounting…
The data reinforces a picture of sustained operating pressure that may have direct implications for client cash flow, investment capacity, and succession planning timelines. Sales declined 2.7 per cent year-over-year in April and 3.0 per cent in May, according to Xero, before rebounding 3.8 per cent in June as gasoline prices dipped below $1.70 per…
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India’s balance of payments (BoP) recorded an $8.1 billion deficit in the first quarter of 2026-27 (Q1FY27), against a $4.5 billion surplus in Q1FY26, as a sharp reversal in portfolio flows pushed the capital account into a net outflow, according to data released by the Reserve Bank of India (RBI) on Friday. …