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.
Are largecap funds losing their edge? Edelweiss CIO Trideep Bhattacharya argues that structural market share losses to nimbler competitors mean traditional giants are no longer the ultimate safe havens. Instead, he points to flexicap and midcap funds as the optimal vehicle for modern wealth creation, blending stable leaders with high-growth challengers. Edited excerpts from a…
FuelCell Energy prices $225 million stock offering at $21
Earlier today, two of the columns on the building’s 21st floor started to collapse, prompting an evacuation.
Projected domestic commercial real estate (CRE) loan losses at US banks rose to $76.5 billion in the Federal Reserve’s 2026 Dodd-Frank Act stress test (DFAST), just shy of the 2024 peak and the second-highest level on record. The total was up $25 billion, or 48%, from last year’s exercise, although the comparison is distorted by…
Older workers now face two major impediments: looming Social Security cuts and rapidly evolving workplace priorities
Jul 20, 2026, 11:05 am IST Live Gold Rates Today: Gold Prices In Chennai vs Hyderabad vs Mumbai vs Kolkata vs Delhi vs Bengaluru Vs Ahmedabad City 24K Gold 22K Gold 18K Gold Chennai ₹14,346 ₹13,150 ₹10,965 Mumbai ₹14,346 ₹13,150 ₹10,759 Delhi ₹14,361 ₹13,165 ₹10,774 Kolkata ₹14,346 ₹13,150 ₹10,759 Bangalore ₹14,346 ₹13,150 ₹10,759 Hyderabad ₹14,346…