Will generative AI pay off for businesses in 2024?
Jason Katz, managing director at UBS Wealth Management, says market opportunities that once existed in e-commerce are now being seized by AI. Many companies that integrated generative artificial intelligence tools into their operations last year have not seen the benefits they had hoped for, and some believe the new technology is overhyped. One expert says […]
Philadelphia City Council considers curfew on businesses in this open-air drug market
Warning: This story contains graphic images. With addiction and crime so rampant in the Philadelphia area, a new bill would impose a curfew on some stores in Kensington's open-air drug market. City Councilman Quesi Lozada introduced a bill Thursday that would require some businesses and restaurants in certain areas of the Kensington neighborhood, including the […]
Should businesses disclose their use of AI? Most Americans say yes
Jason Katz, managing director at UBS Wealth Management, says market opportunities that once existed in e-commerce are now being seized by AI. As more companies adopt rapidly evolving technology, companies of all sizes are integrating artificial intelligence into their systems to varying degrees. But amidst privacy concerns over such tools, new research shows that most […]
Biden delivers remarks on Bidenomics, small businesses in North Carolina: Watch live
President Biden is scheduled to speak in North Carolina Thursday afternoon, where he is expected to announce $82 million in new investments to connect homes and businesses in the state to high-speed internet. Biden is expected to travel to the Raleigh-Durham area, a critical battleground state, to make the announcement, along with Democratic Gov. Roy […]
Some US states expand low-interest loan programs for farms and businesses
On the first business day of the new year, Missouri Treasurer Vivek Malek began accepting applications for approximately $120 million in state-subsidized, low-interest loans to small businesses, farmers, and affordable housing developers. Within six hours, Marek had so many requests for funding that she had to close her application. “The demand is huge and that's […]
Risk of cyber incidents weigh heavily on businesses for 2024, report finds
Wendy Whitmore, Palo Alto Networks Senior Vice President and Head of Unit 42, provides insight on responding to cyber hacks on “The Craman Countdown.” JPMorgan Chase executive Mary Callahan Erdoes said Wednesday that the bank deals with large-scale attacks on a daily basis from hackers attempting to breach its systems. “There are people trying to […]
KEVIN MOONEY: Biden Admin’s New Climate Rules Could Mean Big Payday For His Buddies, Burden For American Businesses
Former government officials and lawyers trying to make money from climate change disclosure proposals fail rulethe Securities and Exchange Commission continued to kick the ball last year. Many of the objections raised in public comment revolve around so-called things scope 3 Emissions that are not directly produced by a company, but arise from those that […]
Surging crime, costs forced 50 businesses to shutter in this blue city last year. Another is about to close
After dozens of Washington, D.C., restaurants closed last year, citing high crime rates and soaring prices, another announced its closure just days into the new year. The nation's capital is simultaneously facing a spike in crime and soaring costs, with some businesses relocating or closing permanently. About 52 restaurants in Washington, D.C., closed last year, […]
Raskin: Trump has fulfilled ‘worst fears and nightmares’ of founders with foreign spending at businesses
Rep. Jamie Raskin (D-Md.), ranking member of the House Oversight Committee, appeared on MSNBC's “Morning Joe” on Friday and revealed that former President Trump's business received at least $7.8 million from foreign companies in 20 countries. They discussed the Democratic Party's recent report that they are receiving . He was in the White House. “The […]
Warmer winter weather creating headaches for businesses who rely on winter tourism
Many U.S. states rely on winter tourism, but record-warm winter temperatures are putting some businesses in the red. The U.S. winter tourism industry typically generates billions of dollars in economic impact, but record-breaking warmth has left businesses in many cities across the country struggling. In Longville, Minn., Tara Muller uses the Lake Reach Ice Road […]