America's Last Mall King Is Still in Charge, Even After a Deadly Diagnosis
David Simon had to step in to rescue the family business when he was 29 years old. Now, more than three decades later, America's last mall king is thinking about whether his own son will be ready to take the helm.
The chief executive of Simon Property Group SPG -1.19%decrease; red down pointing triangle is battling a deadly cancer but isn't ready to step aside. Even as he scales back his working hours to deal with his health, the notorious micromanager has never been good about giving up control.
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The Most Overlooked Opportunity In AI Isn't What You Think
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Critical sectors like home servicesre main reliant on manual processes, word-of-mouth referrals, and outdated systems. These represent the next frontier in AI and fintech innovation. Pricing transparency is one are where AI can influence the construction industry. In this context, the emergence of 'HVAC AI" feels both timely and overdue. Despite their unglamorous nature, these sectors represent essential services. Demand is surging due to aging infrastructure, climate extremes, and a shrinking labor pool. But the software layer supporting these workers remains fragile at best. Much of the attention so far has focused on scheduling automation. But the challenges in home services extend far beyond the calendar. Homeowners frequently receive drastically different quotes for the same repair job with no clear standard for comparison. Plumbing estimates can range from $300 to $1,200, depending on who you call. This inconsistency erodes trust and drives inefficiency. 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Bloomberg
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