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Decades of bad decisions doomed Sears

October 21, 2018

New York (CNN Business)Amazon alone didn’t kill Sears. The 132-year-old retailer played a big role in its own demise. “All these department stores have been wrestling with what they sell, and the in-store experience,” said Robert Schulz, chief credit analyst for the retail industry for Standard & Poor’s. “[Sears and Kmart] didn’t put as much […]

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What if employees co-owned the business where they work? | Nathan Schneider

October 14, 2018

A quiet consensus is emerging across the political divide: Bernie Sanders and Paul Ryan both advocate enabling Americans to co-own the businesses where they work What do Bernie Sanders and Paul Ryan have in common? Mr Ryan recently learned he has some Jewish ancestry, but there is at least one other thing, tucked between their […]

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How the trade war could make China even stronger

October 10, 2018

Hong Kong (CNN Business)At a machinery firm near Shanghai, China’s sprawling business capital, engineers rely on the United States for parts they need to make precision measuring equipment for automakers and other industries. The reason? New tariffs in the trade clash between the United States and China have made the American-made parts too expensive. Can […]

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This Hearing Aid Can Translate For Youand Track Steps Too

September 27, 2018

It’s too loud for me to hear inside the Cupertino coffee bar, but Achin Bhowmik says it doesn’t bother him. He’s got a superpower, he says. If I look closely—very closely—I can see the tiny plastic tubes reaching from his ear canals to small devices hidden behind his ears. The hearing aids are running machine-learning […]

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Apple’s Latest iPhones Are Packed With AI Smarts

September 23, 2018

At a glance the three new iPhones unveiled next to Apple’s glassy circular headquarters Wednesday look much like last year’s iPhone X. Inside, the devices’ computational guts got an invisible but more significant upgrade. Apple’s phones come with new chip technology with a focus on helping the devices understand the world around them using artificial […]

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IPUs? These New Chips Are Minted For Marketing

September 22, 2018

IPUn. Short for intelligence processing unit, a new kind of computer chip optimized for AI. Way back in the early 2000s, when the first Xbox came out, researchers discovered they could hack video­game consoles for scientific uses. It seems the devices’ graphic processing units, or GPUs, designed to render flying gore and mayhem, also ran […]

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US consumer confidence surges in August to 18-year high

September 22, 2018

The US economy also recorded its strongest economic growth since 2014, according to revised second quarter figures The US economy recorded its Sign up to receive the top US stories every morning After the initial calculation of 4.1% was announced in July, Donald Trump hailed the figures as an economic turnaround of historic importance. On […]

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Labor Board Backs Startup Engineers Fired for Unionizing

September 8, 2018

The National Labor Relations Board is joining the fight by a group of engineers who want to form a union at a small San Francisco software firm. The NLRB issued a complaint on Tuesday against Lanetix, alleging that the company violated federal labor laws when it fired 14 engineers in January after they filed papers […]

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Papa John’s Founder Comes Out Swinging After Earnings Miss

September 4, 2018

racist slur on a conference call — unleashing a wave of backlash — the pizza chain had trouble attracting diners in a fiercely Read More: Papa John’s Second Quarter Revenue Misses Lowest Estimate The company, however, says Schnatter’s recent controversy is weighing down performance, especially since news broke in mid-July that he’d used the offensive […]

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Australias Ban on Huawei Is Just More Bad News for China

September 1, 2018

As the US-China trade war rages on, two Chinese tech companies are facing a new headache: Australia’s government has joined the US in effectively banning its wireless carriers from buying gear for 5G networks from Huawei and ZTE. The decision is more than spillover from the US-China dispute. It's part of a bigger controversy over […]

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