Business leaders in Texas say workers are getting too expensive...

Monday, August 29, 2016 Business Leaders in Texas Say Workers Cost Too Much Business leaders in Texas are sweating over rising employee wages. The Dallas Federal Reserve released its monthly manufacturing index earlier today, and the figure came in at -6.2. The index has not been positive since December 2014. And some business leaders told the Dallas Fed last month that they had major problems finding qualified workers, and some of those workers could not even perform basic mathematics. "Department of Labor rules and regulations are slowing growth and reducing hiring due to increased management time spent on compliance and higher costs of labor," one survey respondent said in the August report. This trend could cause more employers to replace human workers with robots. BI Intelligence, Business Insider's premium research service, expects enterprise robotics shipments to nearly triple by 2021. Five in Focus 1   Apple has announced that it will hold its product launch event for the iPhone 7 on September 7. Read more » 2   This startup has sold $2 million in stylish "smart" suitcases in its first four months. Read more » 3   Facebook says it is working on more accurately finding fake and satirical new stories. Read more » 4   Fitbit has finally released the Charge 2 and Flex 2, the successors to two of its most popular products. Read more » 5   Uber is transforming into a different company than what we all previously thought it was. Read more » Report of the Day The Enterprise Robotics Report In this report, we examine the rising use of robots across many industries. We examine top use cases, market leaders, growth drivers, potential for workforce automation, the top barriers, and include market forecasts on shipments and investment in robots between 2015-2021. Learn More » Briefing Highlights China Invites Western Tech Companies to Cybersecurity Council Via Apps and Platforms Briefing | Subscribe Here » China is allowing Microsoft and Cisco to join a key government committee in an effort to ease foreign concerns over its strict cybersecurity policies. Read More » The EU's War Against Google and Facebook Could Fail Via Digital Media Briefing | Subscribe Here » As part of an attempt to level the playing field against Google and Facebook, the European Commission (EC) is exploring a proposal that would grant publishers exclusivity over their content. But this strategy could fall flat. Read More » Data Breaches Could Cripple Mobile Wallet Growth Via Payments Briefing | Subscribe Here » Regardless of the platform affected, data breaches deter consumers, according to new data from the 2016 KPMG Consumer Loss Barometer. Forty percent of mobile wallet users would not feel comfortable using a mobile pay app that had recently been hacked, according to the study. Read More » Nest's Newest Partnership Could Propel Smart Home Market Via IoT Briefing | Subscribe Here » Nest, the popular manufacturer of connected thermostats, is partnering with Southern California Edison utilities to get households enrolled in a state-sponsored energy savings program. Read More » Staples Deploys New Mobile Tool for Back-to-School Shoppers Via E-Commerce Briefing | Subscribe Here » Staples has rolled out a beta test of an in-app tool to make purchasing school supplies easier for back-to-school shoppers. Read More » UK's Oldest P2P Lender Loses $12 Million Via Fintech Briefing | Subscribe Here » Zopa, the 11-year-old P2P lender that specializes in unsecured personal loans, is anticipating increased competition from both new market entrants and existing lenders. Read More » Charts of the Day Best Buy could fight off Amazon's surge to the top of the consumer electronics market 2016 Olympics digital wrap-up Become A Member You can gain access to everything BI Intelligence produces - ALL of our extensive research reports, newsletters, and data - when you claim your BI Intelligence ALL‑ACCESS pass. With this level of membership, you will gain immediate access to… ALL Existing Reports: Our research reports have taken thousands of hours to research, analyze and compile. With over 100 reports in our archive there is something for everyone with immediate profit-driving idea potential. Packed with data, insight and analysis the research helps you understand your chosen subject area in fresh new ways. Actionable New Reports: You'll receive around 6 new reports each month on topics that matter to you, delivered electronically the instant they're finalized for as long as you're a subscriber. 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