Next year is already looking rough for retail store closures

Retailers are shuttering stores and plan to close more next year. 2025 is still more than a month away, but it’s already shaping up to be another rocky year for retail. Several chains have already announced planned reductions in their store fleets for 2025. Analysts at UBS project the total number of US retail closures…

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GE HealthCare is tapping into AI to improve clinical support — an initiative led by the company’s first-ever chief AI officer

Parminder Bhatia, the chief AI officer of GE HealthCare. Artificial intelligence will have an appreciable impact on the healthcare industry, Parminder Bhatia, the chief AI officer of GE HealthCare, says. Specifically, he told B-17, there’s a “huge opportunity” for AI to assist in clinical support and decision-making. In 2023, GE HealthCare appointed Bhatia as its…

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YouTube has added a ‘gifting’ feature to its vertical streams, ramping up the competition for livestream e-commerce

Google announced a new “gifting” feature on YouTube that is similar to TikTok’s. YouTube is adding a “gifting” feature for vertical livestreams that allows users to purchase digital gifts for streamers, similar to a feature that fuels livestream sales on TikTok. Creators who receive the gifts through the program will earn “rubies,” which are redeemable…

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Xpeng’s new ‘land aircraft carrier’ is a $276,000 van with a 2-man quadcopter, and it thinks it can sell 10,000 of them a year

Xpeng’s “Land Aircraft Carrier” took its first public flight in Zhuhai on Tuesday. Chinese EV maker Xpeng gave the public a first glimpse of its new “land aircraft carrier” in action on Tuesday, marking another step toward its ambition to bring flying vehicles to the mass market. The Tesla rival is offering a six-wheeled van…

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Spirit is struggling to survive. Bankruptcy could mean other airlines raise their prices.

Spirit Airlines’ stock has plunged this year. Flying could become more expensive for some passengers if Spirit Airlines falls into bankruptcy protection. The company’s stock tanked Wednesday after The Wall Street Journal reported Spirit was preparing to file for Chapter 11 within weeks following the breakdown of merger talks with Frontier Airlines. The Journal reported…

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