Category: Best Business Newspaper

Best Buy Canada a drag on parent company’s sales – Business News

Best Buy Co Inc.’s (NYSE:BBY) Canadian stores are seeing steeper drops in sales than are the company’s stores in the U.S. – at least when those sales are converted into U.S. dollars.

The Minnesota-based venture, which bases what it calls its “international” division in Vancouver, reported its earnings this morning. Best Buy operated in Mexico for 13 years up until 2021, when it exited that country. It now only operates stores in Canada and the U.S.

The company reported that its “international segment” generated US$693 million in sales in the quarter that ended July 30. That was down 8.8 per cent from the US$760 million that it generated in the same quarter last year.

“This decrease was primarily driven by a comparable sales decline of 5.4 per cent and the negative impact of approximately 340 basis points from foreign currency exchange rates,” the company explained in a news release.

“International operating income was $19 million, or 2.7 per cent of revenue, compared to $28 million, or 3.7 per cent of revenue, last year.”

The reason why Best Buy’s international operating income declined was because the company spent more on general administrative expenses even as it enjoyed higher margins, the company said.

The company’s U.S. business also struggled. It generated US$8.89 billion in sales in the quarter ended July 30, down 7.1 per cent from US$9.569 billion in the same quarter in 2022.

The only time Best Buy CEO Corie Sue Barry mentioned Canada on her company’s conference call with analysts this morning was to express support for those displaced by forest fires.

“I want to make sure we acknowledge the wildfires in Maui, but also the wildfires we’ve seen in

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Best Website Builders for Small Businesses (2023)

If you want to create an appealing website quickly and within your budget, a website builder can help. Our Best Website Builders for Small Businesses rating can help you decide which one to use. We researched providers and compared more than 20 features to identify the top four site builders. Compare pricing, tools, customer service, and more to find the best solution for your company.

Wix logo

#1 Wix

Best Website Builder of 2023

Business Plan Monthly Pricing

$27.00+

Marketing Tools

Money Back Guarantee

14 days for paid plans

GoDaddy Logo

#2 GoDaddy

Best for Smaller Companies on a Budget

Business Plan Monthly Pricing

$24.99+

Marketing Tools

Money Back Guarantee

30 days for annual plans, 48 hours for monthly plans

Duda logo

#3 Duda

Best for Custom Coding

Business Plan Monthly Pricing

$29.00+

Marketing Tools

Money Back Guarantee

14 days

Wordpress logo

Business Plan Monthly Pricing

$40.00+

Marketing Tools

Money Back Guarantee

14 days for annual plans, 7 days for monthly plans

We evaluated web hosting services, site-editing tools, and professional reviews for our rating of the Best Website Builders for Small Businesses. Our assessment looked at plan pricing, range of subscriptions, and features for various industries. Also, we considered cart, checkout, analytics, and inventory management tools for e-commerce. Explore the top website builders to create a professional and functional business site.

Wix

Monthly Pricing Range for All Plans

$16.00 – $59.00

Business Plan Monthly Pricing

$27.00+

Best Website Builder of 2023

Wix Is Recommended For:

  • Businesses of all sizes and budgets looking for site building packages

  • Customers that need 24/7 support via chatbot and callback

  • Those in search of a range of management, marketing, and e-commerce tools

Wix Isn’t Recommended

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Emory among top national universities in U.S. News rankings

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  2. Copyright and Similar Rights means copyright and/or similar rights closely related to copyright including, without limitation, performance, broadcast, sound recording, and Sui Generis Database Rights, without regard to how the rights are labeled or categorized. For purposes of this Public License, the rights specified in Section 2(b)(1)-(2) are not Copyright and Similar Rights.
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Methodology: How the 2023 Best Countries Were Ranked | Best Countries

Behind a country’s wealth and success are the policies that create possibilities, the people that drive the effort and the history that shapes the environment and perspective.

Globalization has expanded a country’s presence beyond its physical borders, and the U.S. News Best Countries rankings – now in their eighth year – seek to examine a nation’s worth beyond hard metrics.

The rankings project is based on how global perceptions define countries in terms of a number of qualitative characteristics – impressions that have the potential to drive trade, travel and investment, and directly affect national economies. The 2023 analysis covers perceptions of 87 nations.

In consultation with U.S. News & World Report, the study and model used to score and rank countries were developed by global marketing and communications services company WPP and its proprietary BAV brand analytics tool, and by the Wharton School of the University of Pennsylvania, specifically professor David Reibstein.

A set of 73 country attributes – terms that can be used to describe a country and that are also relevant to the success of a modern nation – were identified. Various attributes and nations were presented in a survey of more than 17,000 people from across the globe from March 17 to June 12. Participants assessed whether they associated an attribute with a nation.

Each country was scored on each of the 73 country attributes based on a collection of individual survey responses. The more a country was perceived to exemplify a certain characteristic in relation to the average, the higher that country’s attribute score, and vice versa. These scores were transformed into a scale that could be compared across the board.

To determine the weight each subranking score had in the overall Best Countries score, most were correlated to 2022 gross domestic product at purchasing

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Ranking: U.S. News’ Best Undergraduate Business Programs Of 2024

Ranking: U.S. News' Best Undergraduate Business Programs Of 2024

The Wharton School takes first place yet again in U.S. News’ 2024 ranking of the best undergraduate business programs

The University of Pennsylvania’s The Wharton School has topped the U.S. News & World Report’s Best Undergraduate Business Programs of 2024 ranking released today (September 18).

That’s hardly a surprise. The Wharton School was first in last year’s U.S. News undergrad ranking, the year before that, and the year before that. (And until last year, it was the top B-school in Poets&Quants‘ undergraduate ranking for five straight years, too.)

The top of this year’s rankings is remarkably similar to last year’s. Because the methodology of the U.S. News ranking creates a lot of ties, there are actually 11 schools ranked in the top 10 this year, compared to 12 in the 2023 ranking. University of Virginia McIntire School of Commerce dropped four points to No. 12 this year after tying with several schools last year for No. 8.

The only other change to this year’s top 10 are that University of Texas at Austin McCombs School of Business and Carnegie Mellon University Tepper School of Business essentially swapped places. Tepper fell two spots to No. 7 while McCombs climbed two spots to No. 5. See U.S. News’ 2024 top 10 business programs in the table below.

2024 Rank Institution 2023 Rank Y-O-Y Change 2022 Rank
1 University of Pennsylvania (Wharton) 1 0 1
2 Massachusetts Institute of Technology 2 0 2
2 University of California, Berkeley (Haas) 2 0 3
4 University of Michigan–Ann Arbor (Ross) 4 0 4
5 New York University (Stern) 5 0 5
5 University of Texas at Austin (McCombs) 7 2 5
7 Carnegie Mellon University (Tepper) 5 -2 7
8 Cornell University (Dyson) 8 0 8
8 Indiana University–Bloomington (Kelley) 8
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The Best in the Business.. WES Awards finalists revealed

THE MUCH anticipated shortlist for the Women’s Enterprise Scotland Awards 2023 has been unveiled.

Women led businesses from across Scotland have been chosen as finalists for the awards, with the judging panel facing the difficult task of determining just 51 finalists across 10 categories from an unprecedented number of entries.

Carolyn Currie, CEO of Women’s Enterprise Scotland, commented: “Our Awards recognise the considerable contribution women-led businesses make to Scotland’s economy. The cost of business crisis, coming so closely after the COVID-19 pandemic, has placed many businesses under more pressure than ever. It is vital that we put the achievements and the resilience of our women business leaders in the spotlight as they continue to innovate and push forward.”

Both the volume and the calibre of entries for the Awards were exceptionally high and the judging panel had a very challenging task to compile the list of finalists. We are now looking forward to a fantastic Awards evening next month, when we will come together to celebrate the diverse range and scale of women led businesses which are starting up and thriving across Scotland.”

Finalists at this year’s Awards include Glasgow based Little’s Chauffeur Drive, shortlisted in both the Resilient Business of the Year and Inspiring Leader categories and Perthshire based Molke, ethical manufacturers of body positive underwear, shortlisted in the Purpose Led Business of the Year category.

The winners of the Women’s Enterprise Scotland Awards, which is being supported by Royal Bank of Scotland, HFL Holistic Financial Leadership, Business Gateway, N4 Partners LLP, The University of Glasgow and Scottish Enterprise, will be announced at a glittering ceremony which takes place at the voco Grand Central Hotel in Glasgow on Thursday 26 October.

The keynote speaker at this year’s event is BAFTA Award winning television journalist Kirsty Wark. She commented; “I

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The best webcams 2023: top video cameras for PCs

You need the best webcam to keep you connected with colleagues and loved ones. If you’ve been relying on your phone camera or your laptop’s low-resolution webcam for video calls, it’s high time that you upgrade to a stand-alone webcam that offers better video quality and perhaps a higher resolution – particularly if you’re using it for work meetings.

Before choosing your webcam, you’ll need to decide what you’ll be using it for and which features will be useful; we’ve got some advice at the bottom of the page to help you make your decision. But whatever your needs or budget, you’ll find an option here to suit you, from webcams for streaming to webcams for work and webcams for travel. 

The good news is that even 4K webcams are increasingly affordable, and we’ve also got a separate list of the best cheap webcams if the budget options on here don’t suit you, plus a guide to the best Logitech webcams. 

We test all of the best webcams extensively to ensure they work as claimed and that the footage they provide is of the quality we’d expect for the price. Scroll down for our overview of the products in this guide, then jump to a more detailed write up for each entry.

The quick list

The best webcam for you might not be the most kitted-out option, which is why we gathered the top models we’ve tested here at TechRadar and put together this list. Below, you’ll see a summary of our top picks, but if you want to know more about each option, hit that “Read more” link to find about more about its features and performance.

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Nigerian management expert nominated in ‘Best Conference Paper Award’ at global event

A Nigerian finance and management expert, Rivers-born Leesi Gabriel Gborogbosi, has been nominated in the ‘Best Conference Paper Award’ at a global event.

Gborogbosi, an ex-Shell finance staff member, is leading a consortium of non-governmental organisations (NGOs), foundations, and consultants.

Gborogbosi has been making waves in the field of strategic management with his groundbreaking research. He has multiple masters degrees in different fields of Management and Finance.

Over the course of 26 years at Shell Nigeria, a global oil & gas company, prior to founding ‘Rivers of Our Dreams Initiative’, Gborogbosi served in a variety of leadership and managerial roles, including most recently as finance manager, a portfolio of major capital projects.

Before that, he was deputy business finance manager (oil production); knowledge management advisor; finance consulting lead; and deputy head, corporate budgeting. He was also a member of the corporate strategy, planning, budget, and reporting team.

Read also: ‘Financialisation’ as core of Nigeria’s economic management strategy

As a nominee for the ‘Best Conference Paper Award’ at the Strategic Management Society’s Annual International Conference, Gborogbosi has been recognised for his contributions to the field.

The Strategic Management Society is a professional society for the advancement of strategic management, with members from over 80 different countries.

The society holds an annual meeting at various sites around the world, providing its members with opportunities to make lasting contributions that shape the future of strategic management scholarship and practice.

Experts say one of the ways in which the Strategic Management Society recognizes excellence in the field of strategic management is through its awards and honors program.

The Best Conference Paper Award is thus presented each year to honour the best paper presented at the SMS Annual International Conference.

BusinessDay gathered that only a small percentage of all conference papers submitted are nominated for

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Business News | Software Tool That Maximizes Efficiency and Reliability of Business Investment: Best Asset and Maintenance Management Software (CMMS) by Improsys

PNN

New Delhi [India], September 8: In an era where efficiency and quality of work reign supreme, businesses worldwide are constantly seeking ways to streamline their operations and reduce downtime. Industries are continually searching for methods to enhance efficiency, reduce costs, and maximize the lifespan of their assets in order to do business more effectively and efficiently. Maintenance management is a critical aspect of this pursuit, ensuring that equipment, facilities, and assets remain in optimal condition to achieve maximum OEE i.e., Overall Equipment Effectiveness. Improsys Technologies, (https://www.improsys.in) a leading innovator in software solutions, as they introduce their groundbreaking Fast Maintenance Management Software, set to transform the way organizations approach asset management and maintenance tasks.

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Maintenance management has long been a complex and challenging endeavour. Traditional methods, such as paper-based systems or spreadsheets, often result in inefficiencies, lost time, and costly errors. Recognizing these pain points, Improsys has harnessed the power of cutting-edge technology to create a solution that promises to revolutionize maintenance management which can be operated by machine operators or supervisors on their mobile by using QR code scanning enabling instant alerts to maintenance engineers to act immediately to reduce downtime of assets.

Why do businesses need maintenance management software?

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When it comes to embracing the benefits of a Computerized Maintenance Management System (CMMS), businesses of all sizes have much to gain. However, for the organizations, the journey towards streamlining maintenance operations using a CMMS is often met with unique challenges. This is where Fast Maintenance Software takes the lead, designed with the specific needs of all kinds of businesses in

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Business News | Fibe Wins Best Fintech Startup Award at the G20-DIA Mega Summit 2023

BusinessWire India

Pune (Maharashtra) [India], September 6: Fibe (formerly EarlySalary), which is India’s leading consumer lending app has received an incredible milestone by winning first place in the category of Best Startup in Fintech at G20-DIA Mega Summit 2023. This high-profile international summit, conducted under the leadership of the G20 Digital Innovation Alliance (G20-DIA), encourages collaboration, innovation, and policy debates to address significant concerns in the digital age.

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The Ministry of Electronics and Information Technology (MeitY) and its startup hub organized the G20 Digital Innovation Alliance Summit in Bengaluru to encourage and recognise digital innovators’ global economic concerns. Delegates from the G20 countries gathered with representatives from 9 guest countries and 174 startups including policymakers, business leaders, young innovators and investors. These start-ups received mentorship, workshops, investor engagement, and presentations at the grand summit. Fibe’s innovative solutions, which use technology to offer secure and easy financial experiences, have transformed the fintech sector. It has also changed traditional financial assumptions with an ongoing dedication to innovation, opening new ways for effectiveness, accessibility, and inclusivity. Fibe’s success at the G20-DIA Mega Summit 2023 shows its commitment to bringing about actual change in the finance sector.

On this prestigious achievement, Akshay Mehrotra, Co-Founder and CEO of Fibe said, “Being recognised as the Best Fintech Startup is a powerful testament to our team’s unwavering dedication to transforming the future of finance through innovative technology. This prestigious award fuels our pride and fires an even deeper desire within us to continue pushing boundaries while creating genuine change. Our solid dedication to reshaping the financial sector and empowering individuals worldwide through groundbreaking technologies remains constant as we move forward.”

Also Read | SC Hearing

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