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Former Starbucks CEO Howard Schultz drinks from a Starbucks mug while testifying before a Senate Health, Education, Labor, and Pensions Committee hearing to answer questions about the company’s compliance with labor law on Capitol Hill in Washington., U.S., March 29, 2023. Julia Nikhinson | ReutersLAS VEGAS, NEV. — Former Starbucks CEO Howard Schultz said Wednesday that he “did a cartwheel” in his living room when current chief executive Brian Niccol first coined his “back to Starbucks” strategy.The enthusiasm from the 71-year-old Starbucks chairman emeritus is a key stamp of approval for Niccol as he tries to lift the company’s slumping sales…
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New York Attorney General Letitia James speaks during a press conference at the office of the Attorney General on July 13, 2022 in New York City.Michael M. Santiago | Getty ImagesA group of 42 state attorneys general are calling on Meta to curb the rise of investment scams on Facebook that fraudulently use the images of Warren Buffett and other famous figures, New York Attorney General Letitia James said Wednesday. James said in a news release criminals are consistently evading Meta’s automated and human review systems to post fake ads that leave retail investors saddled with millions of dollars in…
A recent report from CPA.com says that semi-autonomous AI bots are already completing bookkeeping workflows start to finish, fully automating the entire process, and tax compliance is not far behind. This was one of the findings of CPA.com’s 2025 AI in Accounting report, which looked at trends and patterns in the profession’s ongoing relationship with the technology. It said that, at this point, all bookkeeping can theoretically be completely automated through AI agents, which the report confidently said can now complete workflows end to end: bookkeeping agents can categorize transactions, flag anomalies, generate monthly reports and even draft client messages. What’s more,…