Getting your business noticed online is one of the most important tasks in your business. It might not seem like it, but getting noticed is really difficult in a sea of people who are all offerint the same thing. There are multiple companies on the market right now that can offer what you do, and that means that you have to find a way to make your business the one that users choose. Standing out is going to help with this, and that’s what we’re going to look at today. Keep reading if you would like to find out more about improving your business visibility.
Fed Decision: Officials Hold Rates Steady, Signal First Cut Is Nearer | Bloomberg
Federal Reserve Chair Jerome Powell said an interest-rate cut could come as soon as September after the US central bank voted to leave its benchmark at the highest level in more than two decades.
“The question will be whether the totality of the data, the evolving outlook, and the balance of risks are consistent with rising confidence on inflation and maintaining a solid labor market,”
Powell told reporters Wednesday. “If that test is met, a reduction in our policy rate could be on the table as soon as the next meeting in September.”
His comments followed a Federal Open Market Committee decision to leave the federal funds rate in a range of 5.25% to 5.5%, a level they have maintained since last July.
Amazon responsible for product recalls, says US | BBC News
US regulators have ruled that Amazon is responsible for handling recalls of unsafe products sold on its site and must improve its process.
They said Amazon’s alerts were not sufficient to convince its customers to stop using such products and ordered the company to submit a new plan for how it will respond.
The decision by the US Consumer Product Safety Commission (CPSC) came after the agency sued the e-commerce giant in 2021 for distributing more than 400,000 hazardous items, including faulty carbon monoxide detectors.
Amazon said it planned to appeal the finding while defending its practices.
Simone Biles leads USA to Olympic gymnastics team gold as GB finish fourth | BBC Sport
Simone Biles inspired the United States to victory in the women’s team gymnastics event as the first leg of a “redemption tour” began with a fifth Olympic gold.
For the world’s most decorated gymnast, it is the first Olympic gold since Rio 2016 after she pulled out of several events in Tokyo three years ago with the ‘twisties’ – a disorientating mental block.
Fellow sporting greats like Serena Williams and Michael Phelps were on their feet in the packed Bercy Arena as Biles’ stunning Taylor Swift-inspired floor routine sealed gold for her and team-mates Sunisa Lee, Jordan Chiles, Jade Carey and Hezly Rivera.
Uber now lets users in India book three trips at once | TechCrunch
Uber is rolling out concurrent rides in India, a feature that allows users to book up to three trips for any of their contacts, TechCrunch has exclusively learned and confirmed with the company.
The concurrent rides feature is the latest example of Uber developing products that will capture more customers, including those who don’t have the app or even a smartphone. In India, Uber even allows concurrent ride users to pay drivers directly with cash or via the app.
Uber quietly launched the concurrent rides last year in several global markets, including the United States. An Uber spokesperson confirmed the new feature is now available in India and will be rolled out in the country in a phased manner. The spokesperson would not confirm the exact details of the cities in which it is currently available.
Amazon CEO Andy Jassy: This Is How You Earn Employees’ Trust | Entrepreneur
Amazon CEO Andy Jassy recently spoke in a company video about the successful principles of good leaders.
Jassy said that one important principle is earning trust from your employees — but not in the way that people might think.
“They sometimes confuse it with being nice to one another or having social cohesion or not challenging each other in meetings. That’s not what we mean,” Jassy said. “What we mean is being honest, authentic, straightforward, listening intently but challenging respectfully if you disagree, and then delivering what you said you would.
Jassy added that, if you want to earn trust, you have to deliver news to employees, good or bad.
How Focus Sparked the Growth of this Fitness Racing Brand | Entrepreneur
In business, everyone has an opinion. It can be easy for founders to get swayed by the latest trends, customer chatter, or investor pressure. However, for Christian Toetzke, founder and CEO of the global fitness racing craze HYROX, staying true to his original vision has been key to the company’s explosive growth.
“You have to be very convinced about your product and the DNA of a product. And you have to stick to the game plan,” he says.
Toetzke appears this week on an episode of One Day with Jon Bier to talk about the power of persistence, the importance of retaining company equity, and other lessons he’s learned since launching his brand in 2017.
Apple Maps finally comes to the web | Mashable
More than a decade after it launched on phones, Apple Maps is now also available in your preferred computer’s web browser window.
Touted as a beta release, this version of Apple Maps can be found at https://beta.maps.apple.com/ (removing the “beta” part will land you at Apple’s landing page for the mobile version of Maps)
Senate Defiance Act passes unanimously, outlining civil path for deepfake victims | Mashable
New anti-deepfake legislation, known as the Disrupt Explicit Forged Images and Non-Consensual Edits (Defiance) Act, has passed a Senate vote with unanimous consent, pushing the first of potentially many AI-focused regulations one step closer to federal law.
The bipartisan Defiance Act grants victims the right to sue individuals who “knowingly produce, distribute, or receive” nonconsensual sexually-explicit digital forgeries. It was introduced to the session by Senate Judiciary Chair Dick Durbin and Republican senator Lindsay Graham, but Democratic representative and co-leader Alexandria Ocasio-Cortez has become a figurehead of the legislation.
Conn’s, a 134-year-old home goods retailer, is closing 70 stores | CNN Business
Conn’s HomePlus, a 134-year-old furniture and electronics retailer with locations primarily in the southern United States, has filed for bankruptcy and is closing nearly half of its 170 stores.
The Texas-based company, which filed for Chapter 11 bankruptcy protection on Tuesday, has been struggling with slumping sales amid a broader slowdown in discretionary spending among consumers. Conn’s has assets and liabilities worth at least $1 billion each, according to the filing.
The 73 Conn’s HomePlus stores closing are listed on its website. Florida is the most affected state with 18 stores soon shutting down, followed by Texas with 9 locations. Other states where stores are closing include Arizona, Colorado, North Carolina and Virginia.
A Conn’s spokesperson said that as the company goes through the Chapter 11 process, it “continues to have ongoing discussions with potential buyers to sell all or parts of the business and preserve jobs.”
Dispatches From The Front 