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21 articles with this tag

Maximizing Sales Efficiency: The Essential Guide to Dialer Software for Teams

Sales teams are struggling with productivity as they spend excessive time on manual dialing and administrative tasks, leading to increased costs per acquisition. Research indicates that reps dedicate around 70-80% of their time to non-selling activities, which hampers their ability to convert leads effectively. To improve outcomes, organizations should prioritize dialer software that emphasizes real-time CRM integration, parallel dialing capabilities, and AI-driven prospect insights. The right tools can significantly enhance connect rates and reduce wasted time, ultimately leading to more successful sales conversations. Companies should audit their data quality before implementation to ensure effective dialing and integration.

Business business technology

Warren Buffett Steps Down: Business Leaders Reflect on His Enduring Lessons

Warren Buffett, the renowned CEO of Berkshire Hathaway, is stepping down at the age of 95, passing the leadership to protégé Greg Abel. Buffett's legacy spans decades, influencing countless business leaders with his wisdom on patience, integrity, and ethical capitalism. As he transitions from his role, many CEOs share invaluable lessons learned from his straightforward communication style and long-term investment philosophy. Buffett’s emphasis on honesty, discipline, and philanthropy, particularly through the Giving Pledge he co-founded, highlights his belief in using wealth for good. As a symbol of success and ethics in business, his departure marks a significant moment in corporate history.

Business business leadership

Las Cruces to Raise Minimum Wage to $13.01 by 2026: Impacts Ahead

Beginning January 1, 2026, Las Cruces will implement a minimum wage increase to $13.01 per hour as part of a cost-of-living adjustment. This change aims to provide workers with greater financial stability, allowing full-time minimum-wage employees to better manage expenses such as rent and groceries. However, local businesses, particularly small establishments like restaurants and retail shops, may face increased payroll costs, prompting potential adjustments in budgets and pricing strategies. City officials are committed to educating employers and employees about the new wage structure to ensure a smooth transition.

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Understanding Commercial Auto Insurance for El Paso's Non-Business Drivers

Many individuals in El Paso, including freelancers and gig workers, can qualify for commercial auto insurance even without formal business registration. This type of insurance is crucial for those using their vehicles for business purposes, as personal auto policies often exclude business-related incidents. Key eligibility criteria include using the vehicle for business, disclosing its use during policy setup, and meeting state liability requirements. Understanding these factors is essential to avoid financial risks associated with accidents during work activities. Non-business owners should ensure they have appropriate coverage to protect themselves and their assets.

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Fire Breaks Out at Pallet Yard in Clint, No Injuries Reported

A fire occurred at a pallet yard in the Las Colonias area of Clint on Monday night, prompting a response from multiple fire agencies, including the Horizon Fire Department. The El Paso County Sheriff's Office reported that the fire led to the closure of the 15700 and 15200 blocks of Colonia Granja Road and the 2200 block of S. Ascension. Fortunately, the business owner, who resides nearby, was able to evacuate safely, and no injuries have been reported. The incident primarily affected the business itself, highlighting the importance of emergency response in the area.

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Starbucks Shifts Strategy, Closing Urban Stores to Focus on Suburbs

Starbucks is shifting its approach by closing around 400 stores across the U.S., particularly in major urban areas like New York and Los Angeles, due to increased competition and changing consumer habits. The company, led by CEO Brian Niccol, aims to reposition itself as a 'third place' between home and work, moving away from the saturated market of city centers. Notably, 42 locations in New York and over 20 in Los Angeles have already shut down. Starbucks plans to open and remodel stores by 2026, focusing on suburban areas where operational costs are lower. This strategic pivot comes as urban populations decline post-pandemic and the demand for coffee shops evolves.

Business business retail

Beyoncé Becomes Fifth Musician to Reach Billionaire Status According to Forbes

Beyoncé has officially joined the billionaire club, as reported by Forbes, making her the fifth musician to achieve this milestone. This recognition comes after a remarkable year, including her historic win for Album of the Year at the 2025 Grammy Awards for her country album 'Cowboy Carter.' With a staggering $400 million gross from her 'Cowboy Carter Tour,' she set a record for the highest-grossing country tour ever. In addition to her music career, Beyoncé has diversified her income through successful business ventures, including clothing and hair care lines, and a whisky brand. Her journey from the early 1990s with Destiny's Child to becoming a global icon showcases her profound impact on the music industry.

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Lululemon's Founder Pushes for Board Changes Amid Struggles

Chip Wilson, the founder of Lululemon and its second-largest shareholder, is initiating a campaign to overhaul the company's board of directors following the departure of CEO Calvin McDonald. Wilson has nominated three new candidates, including former executives from ESPN and Activision, to infuse fresh leadership into the struggling athleisure brand. Lululemon's stock has plummeted over 40% in 2025, and Wilson criticized the current board for a lack of vision and poor oversight. Additionally, Elliott Investment Management is advocating for a new CEO, further complicating the company's leadership landscape. The changes are seen as essential for Lululemon to regain its competitive edge in a challenging market.

Business business leadership

Starbucks Shifts Strategy, Closing Urban Stores Amidst Competition and Remote Work

Starbucks is undergoing a significant restructuring plan, closing around 400 underperforming stores across major U.S. cities, including 42 in New York and over 20 in Los Angeles. This decision comes as the company faces increased competition from niche coffee shops and changing consumer behaviors due to remote work. CEO Brian Niccol aims to reposition Starbucks as a 'third place' between home and work, focusing on suburban expansion and store renovations planned for 2026. The closures reflect a broader trend of declining foot traffic in urban centers and the challenges of maintaining store safety and customer satisfaction.

Business business retail

Buc-ee's Expanding: New Locations Set to Open in 2026 and Beyond

Buc-ee's, the popular convenience store chain known for its clean restrooms and extensive snack offerings, is planning to open several new locations starting in 2026. This expansion aims to enhance accessibility for travelers along major interstates, potentially benefiting local economies and providing more job opportunities. The specific locations and timelines for these new stores have yet to be disclosed, but the announcement has generated excitement among fans of the brand. Residents should stay tuned for updates on the exact sites and opening dates.

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Buc-ee's Expands: New Locations Coming to Texas by 2026

Buc-ee's, the popular travel center chain known for its clean restrooms and extensive snack offerings, is planning to open several new locations across Texas starting in 2026. This expansion is significant as it aims to enhance the travel experience for motorists along major interstates. The new sites are expected to provide job opportunities and boost local economies. Residents and travelers should keep an eye out for announcements regarding specific locations and opening dates.

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Bosque Brewing Shuts Down All Taprooms in New Mexico Amid Bankruptcy Issues

Bosque Brewing has announced the closure of all its taprooms in New Mexico following a recent federal court ruling that dismissed its Chapter 11 bankruptcy filing. This decision marks a significant shift for the brewery, which had previously closed its Santa Fe and Albuquerque locations. The closures affect local employees and craft beer enthusiasts, highlighting challenges faced by small businesses in the brewing industry. The brewery's future remains uncertain as it navigates financial difficulties.

Business business local-economy

Warren Buffett's Retirement Marks End of an Era for Berkshire Hathaway

Warren Buffett, the renowned CEO of Berkshire Hathaway, is set to retire at the end of 2025, marking a significant transition for the company. Known not only for his investment acumen but also as the company's most effective promoter, Buffett has been the face of the annual Berkshire meeting, which features a unique shopping experience called the 'Berkshire Bazaar of Bargains.' This event showcases products from various Berkshire-owned companies, including popular items like Squishmallows and See's Candies. As Buffett steps down, the company will need to adapt to his absence, particularly in maintaining its unique brand identity and customer engagement strategies that he championed throughout his tenure.

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Major Retailers and Restaurants Prepare for 2026 Closures in El Paso

As 2026 approaches, several prominent retailers and restaurants in El Paso have announced plans to close their locations. This trend reflects broader changes in the retail landscape and consumer behavior, which could impact local employment and shopping options. Residents should be aware of these upcoming closures as they may affect their favorite shopping and dining experiences. The exact dates and specific locations of these closures have not been detailed yet, but the announcements signal a shift in the local market.

Business el-paso closures

Prepare Your Business Finances for a Successful New Year

As the year comes to a close, El Paso business owners are encouraged to take proactive steps to prepare their finances for the new year. A recent survey revealed that 59% of small businesses are in 'fair or poor' financial condition, highlighting the need for careful financial management. Key actions include reviewing financial statements, updating payment systems, assessing credit options, enhancing security measures, and setting clear financial goals for the upcoming year. By addressing these areas now, businesses can avoid stress and ensure a smoother transition into 2024.

Business business finance

Kentucky Bourbon Distillery Halts Production for a Year Due to Tariffs and Demand Drop

Jim Beam, a major bourbon producer, has announced the temporary closure of its Kentucky distillery for one year. This decision comes in response to declining demand for bourbon and the impact of tariffs affecting the industry. With approximately 95% of U.S. bourbon production originating from Kentucky, this closure could have significant implications for both local economies and the bourbon market. Consumers may notice a decrease in availability of certain bourbon products during this period, prompting potential price increases and availability issues.

Business economy business

Trump's Business Ventures Raise Ethical Concerns Over Nuclear Fusion Deal

Trump Media & Technology Group has entered into a $6 billion merger with TAE Technologies, a leading fusion energy company backed by Google, raising significant ethical concerns among experts. Critics argue that this deal creates a potential conflict of interest, as Trump could benefit financially from a company that relies on federal regulations and support. Following the announcement, Trump's net worth surged by $500 million, raising alarms about favoritism in government support for fusion energy. The White House dismissed these concerns, asserting that neither Trump nor his family has conflicts of interest. The implications of this merger could affect the entire fusion energy sector in the U.S., with some fearing it may unfairly benefit TAE over other companies.

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Larry Ellison Backs Paramount's $40 Billion Bid for Warner Bros. Discovery

Paramount has intensified its hostile takeover attempt for Warner Bros. Discovery by announcing that tech mogul Larry Ellison will personally guarantee $40.4 billion for the deal. Despite previous rejections from Warner Bros.' board, which favors a Netflix offer, Paramount is now increasing its breakup fee to $5.8 billion to match Netflix's proposal. Paramount's bid values Warner Bros. shares at $30 each, surpassing Netflix's $27.75 offer, but the board remains skeptical of the financing's legitimacy. Shareholders have the power to influence the outcome, particularly as Paramount's offer is backed by significant royal family investments from the Middle East. The Warner Bros. board is expected to respond to this revised offer soon.

Business business entertainment

Alcohol Spending Trends: Surprising Insights for El Paso Residents

A recent report reveals that Americans collectively spent $228 billion on alcohol in the past year, with California leading the way at approximately $29 billion. However, when examining average spending per adult, some unexpected states topped the list. This data is significant as it highlights spending habits and preferences that could influence local businesses in El Paso. Residents may want to consider these trends when making choices about alcohol purchases and supporting local establishments.

Business economy business

Christmas Closures Affecting Local Businesses and Government Offices

As Christmas approaches, several businesses and government offices in the Borderland area will be closed. Notably, City Hall and most offices in Las Cruces will shut down on December 25 and 26 in observance of the holiday. These closures may impact residents' ability to access services and conduct business during this time. It is important for individuals to plan ahead and check the operating hours of any establishments they intend to visit during the holiday season.

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TikTok's U.S. Operations Secured Through Sale to American Investors

TikTok has finalized an agreement to sell its U.S. operations to a consortium of American investors, including Oracle, Silver Lake, and MGX. This strategic move is crucial for TikTok as it allows the platform to maintain its presence in the United States amidst ongoing regulatory scrutiny. The deal underscores the importance of American investment in foreign tech companies, particularly in light of national security concerns. This transition is expected to reassure users and advertisers about the platform's future in the U.S. market.

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