This CEO replaced 90% of support staff with an AI chatbot
The chief executive of an Indian startup laid off 90% of his support staff after the firm built a chatbot powered by artificial intelligence that he says can handle customer queries much faster than his employees.
2023-07-12 20:59
Domino's Pizza inks a delivery deal with Uber Eats
Domino's Pizza has long been a holdout of using third-party delivery apps in the United States. But now, the pizza chain has struck a deal with one of the world's largest food delivery services.
2023-07-12 20:50
Fine wine is souring as investment prices sink
Fine wine prices have been rising consistently for years, attracting investors looking to hedge against inflation, economic turmoil and stocks. Recently, the barrier to entry in the wine-as-an-investment market has fallen drastically, with a number of easy-access online brokerages and advisories popping up.
2023-07-12 20:27
Farmers Insurance pulls out of Florida, affecting 100,000 policyholders
Farmers Insurance will stop offering its policies in Florida, which includes home, auto and umbrella, in a change that will affect 100,000 people.
2023-07-12 19:53
An Indian culinary must-have is off the menu as prices jump 400%
From butter chicken to paneer makhani, Indian cuisine is unthinkable without the ubiquitous tomato.
2023-07-12 19:52
Back-to-school spending is forecast to drop 10% as inflation bites
Shopping for back-to-school essentials, such as clothes, shoes and electronics, will be a bigger struggle for families this year who are trying to manage their household budgets with less disposable incomes because of inflation.
2023-07-12 19:49
Edmunds: 5 hidden automotive gems that no one buys
In the new car market, there exist some hidden gems — excellent vehicles with a lot to offer that are overlooked by many shoppers
2023-07-12 18:46
How Biden's SAVE student loan repayment plan can lower your bill
While the Supreme Court struck down President Joe Biden's student loan forgiveness program last month, a separate and significant change to the federal student loan system is moving ahead.
2023-07-12 17:24
Tax prep companies shared private taxpayer data with Google and Meta for years, congressional probe finds
Some of the nation's largest tax-prep companies have spent years sharing Americans' sensitive financial data with tech titans including Meta and Google in a potential violation of federal law — data that in some cases was misused for targeted advertising, according to a seven-month congressional investigation.
2023-07-12 17:19
Jack Ma loses more than half of his wealth after criticizing Chinese regulators
Jack Ma's fortune is estimated to be worth less than half of what it was just three years ago, when he made a pivotal speech that derailed what was supposed to be the world's biggest share sale at the time.
2023-07-12 14:16
Actors union agrees to 11th hour mediation effort, but strike still looms
The union representing 160,000 actors said on Tuesday it has agreed to a request from studios and streaming services to meet with federal mediators over contract negotiations but is still prepared to go on strike at 11:59 pm PDT on Wednesday unless a deal is reached.
2023-07-12 12:45
Saudi adviser proposed giving Tiger Woods and Rory McIlroy ownership of LIV Golf teams, documents show
Prior to a truce between the PGA Tour and LIV Golf last month, an adviser to the Saudi Public Investment Fund proposed that Tiger Woods and Rory McIlroy could own LIV Golf teams and play in the Saudi-backed tour, according to a 276-page report released by the US Senate Permanent Subcommittee on Investigations on Tuesday.
2023-07-12 05:50