Nordstrom closing all of its Canadian stores, cutting 2,500 jobs

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Description: Nordstrom Inc. is closing all of its Canadian stores and cutting 2,500 jobs as it winds down operations in the country. Source: BNNBloomberg.ca – video report Date: Mar 02, 2023 Link: https://www.bnnbloomberg.ca/nordstrom-closing-all-of-its-canadian-stores-cutting-2-500-jobs-1.1890535 Questions for discussion: What does the report say about the financial reasons behind the decision? Do you believe the decision is correct,… Read more »

The Future of Human Agency

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Description: Experts are split about how much control people will retain over essential decision-making as digital systems and AI spread. They agree that powerful corporate and government authorities will expand the role of AI in people’s daily lives in useful ways. But many worry these systems will diminish individuals’ ability to control their choices Source:… Read more »

Covid’s ‘legacy of weirdness’: Layoffs spread, but some employers can’t hire fast enough

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Description: Job cuts are rising at some of the biggest U.S. companies, but others are still scrambling to hire workers, the result of wild swings in consumer priorities since the Covid pandemic began three years ago. Source: CNBC.com – video reports Date: Feb 21, 2023 Link: https://www.cnbc.com/2023/02/20/weird-job-market-layoffs-hiring.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: Summarize the employment trends and hiring taking place… Read more »

Meet the $10,000 Nvidia chip powering the race for A.I.

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Description: Software that can write passages of text or draw pictures that look like a human created them has kicked off a gold rush in the technology industry. Companies like Microsoft and Google are fighting to integrate cutting-edge AI into their search engines, as billion-dollar competitors such as OpenAI and Stable Diffusion race ahead and… Read more »

Microsoft’s advertising moves in 5 charts

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Description: Of Microsoft’s $198 billion in revenues last year, only about 6% came from advertising. Could a revamped Bing help build out this revenue stream? It’s hard to imagine, but not impossible. Here are five charts that look at Microsoft’s latest ad moves. Source: Insiderintelligence.com Date: Feb 16, 2023 Link: https://www.insiderintelligence.com/content/microsoft-advertising-moves-5-charts?utm_source=email&utm_medium=email&utm_campaign=eDaily%202.23.2023&utm_id=eDaily%202.23.2023&utm_term=eMarketer%20Daily%20CORE/EMEA%20%28Mon-Fri%29 Questions for discussion: Where is Microsoft… Read more »

Etsy, With Record Revenue, Gains Ground With Men

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Description: A slowed economy may be stressing consumers out about some kinds of discretionary shopping, but not at Etsy. The online marketplace posted results that beat expectations, including record revenue. And in a twist that shows how the Brooklyn-based company continues to broaden its appeal beyond pandemic masks and Christmas ornaments, it says a quarter… Read more »

Canada’s inflation rate is expected to fall significantly this year. Here’s why

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Description: After a steep and rapid climb in prices, Canada’s inflation rate is expected to fall significantly this year, giving comfort to economists worried about untamed price growth but little relief to Canadians who have fallen behind. Source: BNNBloomberg.ca – video report Date: Feb 23, 2023 Link: https://www.bnnbloomberg.ca/canada-s-inflation-rate-is-expected-to-fall-significantly-this-year-here-s-why-1.1887819 Questions for discussion: What does the report… Read more »

The Future Is AI-ncredible – Why Every Organization Needs To Embrace AI Technology

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Description: Here’s my hot take on ChatGPT and other AI-assisted writing and editing tools: I know they work, mostly because no one has been able to notice when I am (or when I am not) using them (like right now?). And, if that isn’t the power of helping to create better work (with what feels… Read more »

Inside Peloton’s rapid rise and bitter fall — and its attempt at a comeback

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Description: The fitness company is now a year into an aggressive turnaround plan under CEO Barry McCarthy that has altered the company’s identity. Source: CNBC.com Date: Feb 19, 2023 Link: https://www.cnbc.com/2023/02/19/peloton-rise-fall-attempted-comeback.html Questions for discussion: Summarize the turnaround effort at the firm and the directions management is now pointing towards. Do you think the revised orientation… Read more »

Nestle plans price hikes after inflation eats into profits

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Description: For consumers, whose spending power has already been cut by inflation at multi-decade highs, they are likely to add to concerns about strained household budgets and weakened economies. Source: CNBC.com Date: Feb 16, 2023 Link: https://www.cnbc.com/2023/02/16/nestle-plans-price-hikes-after-inflation-eats-into-profits.html?&qsearchterm=nestle Questions for discussion: What have commodity prices done to the revenues and profits at Nestle? What can the… Read more »