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Over the last month, Jamie Dimon has rapidly emerged as one of the most vocal proponents of the return-to-office movement. During a recent appearance at Stanford University’s Graduate School of Business, the J.P. Morgan Chase CEO could not help but complain—again—about workers who were pushing back on RTO policies. When fielding a question about his recent colorful remarks on RTO, Dimon noted that it was only “people in the middle” who were unhappy about going into the office. “If you work in a restaurant, you’ve got to be in. You all may not know this, but 60% of Americans worked the whole time,” he said, seemingly in reference to the pandemic. “Where did you get you…

Jamie Dimon, the CEO of JPMorgan Chase, is sounding the alarm bell, warning investors that he is starting to see some similarities between today’s financial landscape and the lead-up to the 2008 financial crisis, nearly 20 years ago. “Unfortunately, we did see this in ’05, ’06, ’07, almost the same thing,” Dimon said at the firm’s annual investor day in New York on Monday. “The rising tide lifting all boats, everyone was making a lot of money, people leveraging to the hilt. The sky was the limit.” “I don’t know how long it’s going to be great for everybody,” he explained. “I see a couple of people doing some dumb things . . . they are just doing some dumb things.…

While speaking at the World Economic Forum in Davos, Switzerland, on January 21, Jamie Dimon, chairman and CEO of JPMorgan Chase, said AI could bring about “civil unrest” by destroying jobs, and that businesses and governments need to step in to help. He made the comments in response to a question about whether AI will lead to fewer jobs over the next several years. Dimon said he believes the impact won’t be as catastrophic to the labor market as some are predicting, but he also didn’t deny some inevitable upheaval. “Don’t put your head in the sand,” he urged. “It is what it is. We’re gonna deploy it.” He continued, “Will it eliminate jobs? Yes. Will it change j…

At $600, Jamie Haller loafers aren’t an impulse buy, but they’ve become one of those rare fashion items people evangelize anyway. The shoes, which resemble classic men’s leather loafers, have quietly built a cult following thanks to a surprising claim: Fans—from TikTokers to Wirecutter—say they mold to your feet the moment you step into them. This didn’t happen by accident. The Los Angeles-based designer spent years seeking out a factory that would be willing to make her loafers using sacchetto construction, a labor-intensive Italian technique more often found in bespoke men’s footwear. “Take all of the hard bits of the loafer out,” she remembers telling the cobbler i…

Scientist and global activist Jane Goodall, who turned her childhood love of primates into a lifelong quest for protecting the environment, has died at the age of 91, the institute she founded said on Wednesday. Goodall died of natural causes while in California on a speaking tour, the Jane Goodall Institute said in a social media post. “Dr. Goodall’s discoveries as an ethologist revolutionized science, and she was a tireless advocate for the protection and restoration of our natural world,” it said on Instagram. The primatologist-turned-conservationist spun her love of wildlife into a lifelong campaign that took her from a seaside English village to Africa an…

This new year comes with a new moon. Skywatchers are in for a treat this weekend as 2026 rings in the first supermoon of the year, along with a Quadrantid meteor shower. The January full “wolf moon” is forecast to appear overnight into tomorrow morning Saturday, January 3, peaking at 5:03 a.m. ET when it will be at its fullest, according to EarthSky. However, don’t be fooled: It will appear full both nights, due to its close proximity to Earth (making it appear 14% larger), and proximity to Jupiter and Gemini’s twin stars—all of which will make it appear even brighter. All that light, however, could make it harder to see the Quadrantid meteor shower: bright, …

The governor of Niigata on Tuesday formally gave local consent to put two reactors at the Kashiwazaki-Kariwa nuclear power plant in the north-central prefecture back online, clearing a last hurdle toward restarting the plant idled for more than a decade following the 2011 meltdowns at another plant managed by the same utility. Gov. Hideyo Hanazumi, in his meeting with Economy and Industry Minister Ryosei Akazawa, conveyed the prefecture’s “endorsement” to restart the No. 6 and No. 7 reactors at the Kashiwazaki-Kariwa plant, accepting the government’s pledge to ensure safety, emergency response and understanding of the residents. Restart preparations for No. 6 reac…

The spring bloom of cherry blossoms is a stunning sight. Across Japan, Korea, and places like Washington, D.C., the trees burst with dense, pink flowers for just one or two weeks, bringing millions of tourists. But climate change is threatening these blooms. As the planet warms, our winters are getting milder. And those mild winters can delay the flowering of cherry blossom trees by up to 32 days, according to a new study by researchers at the Forestry and Forest Products Research Institute in Kyushu, Japan, and at Boston University. Without enough cold weather, the trees don’t know that winter has passed, and so they don’t know to come out of their winter do…

Known for their unique flavors and vibrant designs, Japanese snacks are coveted around the world. But now, thanks to geopolitical tensions, one of Japan’s biggest snack makers is deciding to dial back its vibrant packaging, at least temporarily. Tokyo-based snack company Calbee announced Tuesday a creative response to supply chain disruptions caused by the blockade in the Strait of Hormuz—taking its brightly colored packaging and turning it monochrome. According to a statement issued by the company, Calbee will temporarily convert its colorful packaging to grayscale, for 14 product variants of their Potato Chips, Kappa Ebisen, and Frugra snacks. Buyers can exp…

Japan’s Seven & i, the parent company of the Japanese 7-Eleven convenience store chain, said Thursday it is selling its supermarket store assets to Bain Capital for about $5.4 billion. The company announced the deal a day after naming Stephen Dacus, its board chairman, to be its president and CEO. It also said it plans an initial public offering in the U.S. of 7-Eleven or SEI, its convenience store business in North America, by the end of 2026. Funds from the IPO and the sale to Bain will be returned to shareholders in the form of share buybacks worth 2 trillion yen ($5.4 billion). Seven & i’s share price jumped 6.1% in Tokyo. The deal follows Seven & i’s …

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Just 10 days ago, on February 10, Japan-based Sumitomo Forestry announced that it had agreed to acquire Tri Pointe Homes—a large U.S. homebuilder ranked No. 715 on the Fortune 1000—for $4.5 billion, signaling that Japanese builders were further accelerating their buying spree of U.S. homebuilders. Fast-forward to today, and Stanley Martin Homes—which has been owned by Japan-based Daiwa House since 2017—announced that it has agreed to buy United Homes Group, which has a strong presence in the Carolinas, for $221 million—further accelerating Japanese b…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. On Friday, Trumark Homes—which has been majority owned by Japan-based Daiwa House since 2020—announced that it has struck a deal to acquire a Seattle metro-based homebuilder JK Monarch. The deal is the latest in a recent string of U.S. homebuilder acquisitions by Japanese firms. Exactly five weeks ago today (February 13), Japan-based Sumitomo Forestry announced that it had agreed to acquire Tri Pointe Homes—a giant public homebuilder ranked No. 715 on the Fortune 1000—for $4.5 billion. Then on February 23, Stanley Martin Homes—which has been owne…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. There was a five-week window this spring during which four different U.S. homebuilders—one of them publicly traded, Tri Pointe Homes—were acquired by Japanese firms. At the time, ResiClub estimated that, once those deals close, Japanese firms would control more than 5.5% of the U.S. single-family homebuilding market. This wave of Japanese firms buying U.S. homebuilders isn’t just a 2026 phenomenon—it’s been building for a decade. According to new construction analytics firm Zonda: Back in 2015, Japanese firms owned U.S. homebuilders that acc…

The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual dues for access to peer learning, thought leadership opportunities, events and more. Digital wallets have fast become part of daily life. By 2027, they’re expected to account for half of all retail sales—around $25 trillion worldwide. It’s easy to see why. Paying with a digital wallet is easy, secure, and requires nothing more than a phone. But there’s potential for wallets to do so much more, beyond payments. Digital wallets started as payment tools. Now, they’re becoming…

It’s not been a good start to 2025 when it comes to major retailers shuttering locations. Since the end of last year, numerous companies have announced their intention to close swaths of their brick-and-mortar stores, including Party City, Big Lots, Walgreens, 7-Eleven, and Macy’s. Just this week, another retailer—Joann fabrics—announced it would be closing hundreds of locations, as well. And now, department store icon JCPenney has also announced it’s closing some locations. Here’s what to know: JCPenney has had a roller-coaster few years The iconic department store chain has faced several struggles in recent years, most notably from the fall of foot traffic …

JCPenney said it will close seven stores this weekend in California, Colorado, Idaho, Kansas, New Hampshire, North Carolina, and West Viriginia, according to USA Today, and will be running sales in those locations up until Sunday, May 25. It’s the latest set of JCPenney store closures since the long-struggling retail chain filed for Chapter 11 bankruptcy back in May 2020 during the pandemic (it announced later that year it would close 200 of its 850 stores). The chain was then purchased by property managers Simon Property Group and Brookfield Asset Management. Fast Company has reached out to JCPenney for comment. Which JCPenney store locations are closing? …

A bold new building at Spelman College in Atlanta is all about breaking down barriers. Designed by the architecture firm Studio Gang, the Center for Innovation and the Arts is the new home for collaboration between students of science, technology, art, and performance at the historically Black women’s liberal arts college. It will provide a new space where Spelman’s programs in dance, documentary filmmaking, photography, theater and performance, and music can tap into emerging technologies from the worlds of science and computer science. Studio Gang founder, Jeanne Gang, says the primary goals of the project were to help the college better connect its programs and eve…