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The FBI dropped a bombshell indictment on Thursday, announcing arrests and criminal charges against dozens of people allegedly involved with gambling and rigging NBA games. The whole thing involved not only some of basketball’s biggest names, but also the mob. At a press conference in New York, FBI Director Kash Patel announced “a historic arrest across a wide-sweeping criminal enterprise that envelopes both the NBA and “La Cosa Nostra,” more commonly known as the Sicilian Mob or Mafia. Among some of the high-profile individuals indicted are Chauncey Billups, an NBA hall-of-fame player and current head coach of the Portland Trailblazers, and Terry Rozier, who current…

Yesterday, Target Corporation announced news that no one wants to hear—especially just before the holidays. The Minneapolis-based retail giant informed employees that it is gearing up to eliminate 1,800 corporate roles at the company. Here’s when the layoffs will happen and what it means for the company and its employees. Target to cull its corporate workforce by 8% On Thursday, Target’s chief operating officer, Michael Fiddelke, who is set to become the company’s new CEO in February, reportedly sent a memo to employees at the 440,000-strong company. According to numerous media reports, Fiddelke’s memo didn’t beat around the bush: the company has decided …

Google Flights is one of the most popular flight aggregators on the web. The site lets users search millions of flights to find the best routes and prices that meet their needs. Unsurprisingly, millions of people use Google Flights to find the best deals on holiday tickets. And the search for cheap flights has also led to many nuggets of so-called conventional wisdom that, if followed, will supposedly help you find the cheapest fares. But with the holidays rapidly approaching and finding the best deals on flights at the top of mind for millions of Americans, I wanted to find out if these bits of conventional wisdom were actually true—particularly when it comes to Goog…

In 1995, the kids’ brand Hanna Andersson debuted matching family pajamas, kick-starting a trend. Three decades later, it’s become a tradition in many families to buy PJs emblazoned with reindeer or Christmas trees or menorahs to wear during the holidays. But if you’re concerned that seasonally specific sleepwear may not be so eco-friendly—after all, how much use will your toddler get from those Santa Claus jammies?—Hanna Andersson has a suggestion for you: Why not buy them secondhand? In 2023, Hanna Andersson launched Hanna-Me-Downs, a website for customers to buy and sell pre-owned products. If you scroll through the site, you’ll find thousands of gently used Hanna A…

As a mother of two little girls, I expected that puberty would be a tempestuous time for our family, full of emotional roller coasters and bodily changes. I just didn’t expect it to happen so soon. When my oldest daughter turned 9, her pediatrician said she could get her period within the year. I was blindsided: When I was growing up, girls expected to get their periods around the age of 13. I rushed out to buy a pack of menstrual pads to keep in her backpack, in case she gets her first period in school, and ordered The Care and Keeping of You, the iconic puberty guide that has sold 8 million copies since it debuted in 1998. I’m far from the only flummoxed paren…

After Zohran Mamdani’s campaign aired a commercial that used a Knicks-style campaign logo that wrote out “Zohran” over an image of a basketball, the NBA team asked them to take it down. The Mamdani ad, which aired during the New York Knicks’s opening game last week, shows black-and-white footage of a pick-up basketball game in a park as the narrator says “New York, this is our year.” There’s shots of Mamdani campaigning interspersed with the pick-up game, and the narrator says “Things can be different. Hope is back,” before the Knicks-style logo flashes on the screen over the sound of drums. The Knicks, whose owner donated last year to Mayor Eric Adams, weren’…

Uber said Wednesday that the San Francisco Bay Area will be the first market for its specially built autonomous taxi, which is expected to launch in late 2026. The San Francisco ride-hailing company said in July it was developing a robotaxi with the electric car company Lucid and the self-driving technology company Nuro Inc. The vehicle is exclusive to Uber but is based on the Lucid Gravity SUV. Uber said Lucid recently delivered test vehicles to Nuro and said it plans to have 100 test vehicles on the road in the coming months. Within six years, Uber plans to deploy 20,000 or more Lucid-based autonomous taxis in multiple locations. The vehicles will be availab…

Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. I’m Mark Sullivan, a senior writer at Fast Company, covering emerging tech, AI, and tech policy. This week, I’m focusing on a stunning stat showing that OpenAI’s ChatGPT engages with more than a million users a week about suicidal thoughts. I also look at new Anthropic research on AI “introspection,” and at a Texas philosopher’s take on AI and morality. Sign up to receive this newsletter every week via email here. And if you have comments on this issue and/or ideas for future ones, drop me a line at sullivan@fastcompany.com, and follow me on X (form…

For U.S. soldiers who find themselves at the front lines of a future conflict, it’s fast becoming gospel, due to the way warfare is rapidly evolving on the battlefields of Ukraine, that drones will be crucial to winning (or losing) the fight But the roughly 500 U.S. dronemakers can only build about 100,000 a year combined, according to Ryan Carver, communications manager for the Association for Uncrewed Vehicle Systems International. For comparison: One Chinese firm, DJI, can pump out millions of unmanned aerial vehicles (UAVs) a year — 70% of the global supply. To ameliorate this challenge/problem, a number of startups believe 3D printing, specifically of drones,…

Hurricane Melissa, which made landfall in Jamaica on Tuesday, October 28, was one of strongest hurricanes to make landfall in the Atlantic ocean ever recorded. And it was supercharged by the effects of climate change. As it approached the Caribbean, Melissa—a Category 5 storm with winds of 185 mph—moved over exceptionally warm waters. The ocean was 2.2°F (or 1.2°C) warmer than average for this time of year—conditions that were “made up to 900 times more likely by human-caused climate change,” according to the scientists at the research nonprofit Climate Central. Carbon emissions from human actions trap heat in the atmosphere, but our oceans absorb most of tha…

Every single day, the average working person plays many roles: sassy coworker, office comedian, and deadline stickler, to name a few. The labor doesn’t stop when one gets home—with new job titles coming into play, such as mom, brother, pet parent, and more. On Halloween, you get to choose which character you want to inhabit instead of having society dictate your role. This frivolity requires forward thinking and planning. If you find yourself running out of time, popular culture and a few easy-to-obtain items can come to the rescue. Here are nine easy costume ideas that range from classic to timely. The Louvre museum robbers This one is perfect for last-min…

Last year, travel group AAA estimated about 80 million Americans traveled over the Thanksgiving holidays. It was the busiest Thanksgiving ever at airports across the country, and some reports are saying those records could be shattered this year. A lot of that traveling will be done by young adults making their way home from school or new cities to see family and reconnect with old friends. That last part is the crux of Facebook’s first brand campaign in four years. In a new ad called “Home For The Holidays,” we see people making their way back home and various get-togethers being organized on Facebook. Created by agency Droga5 and set to Bob Dylan and Johnny Cash…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. D.R. Horton, America’s largest homebuilder, is doubling down on mortgage rate buydowns to keep its sales volumes up amidst an affordability-strained housing market. On its October 28 earnings call, the builder said 73% of its homebuyers in fiscal Q4 2025 received a mortgage rate buydown—up slightly from 72% in the previous quarter. “As we anticipated on our last call, we did expect to lean in more heavily to the offering of 3.99% [mortgage rate buydown],” said Jessica Hansen, D.R. Horton’s senior vice president of investor relations. “That is som…

Global competitors are pouring billions into agricultural research and emerging technologies, while American farmers are being asked to do more with less. The pressure on farmers is real: Net farm income for row crop producers remains persistently low, public investment in agricultural research has plummeted to 1970s levels, and the technologies that could reshape our industry too often stall before reaching the farm gate. At Land O’Lakes Inc., we believe there’s a better way forward rooted in cooperation, trust, and a ground up approach to innovation. We believe the cooperative mindset is what it will take to overcome the challenges ahead. It’s a mindset that sho…

As the global climate and environmental crisis accelerates, the urgency for sustainable alternatives to fossil fuel-based products has never been greater. Today, biobased products—derived from renewable agricultural, marine, and forestry materials—are gaining momentum as critical tools in reducing our reliance on non-renewable resources and mitigating environmental harm. From everyday household goods to advanced industrial materials, biobased alternatives are transforming entire industries and creating pathways toward a lower-carbon, more resilient future. Biobased products offer a broad range of applications, including lubricants, detergents, inks, fertilizers, and b…

Below, coauthors Bruce Schneier and Nathan Sanders share five key insights from their new book, Rewiring Democracy: How AI Will Transform Our Politics, Government, and Citizenship. Bruce is a security technologist, teaching at the Harvard Kennedy School and the Munk School at the University of Toronto. He is also a board member of the Electronic Frontier Foundation and Chief of Security Architecture at Inrupt, Inc. Nathan is a data scientist affiliated with Harvard’s Berkman Klein Center. He is focused on making policymaking more participatory, with his research spanning machine learning, astrophysics, public health, environmental justice, and more. What’s the…

Pinterest, a platform Futurism described as “being strangled by AI slop,” is not having a great day. The image-based social media company yesterday released its third-quarter earnings and, despite a 17% increase in revenue year-over-year (YOY), its shares took a tremendous tumble. Pinterest stock (NYSE: PINS) dropped about 20% through after-hours trading and into premarket on Wednesday, sitting at 18.6% down at the time of publishing. We’ll get into the “AI slop” factor, but first it’s worth noting that Pinterest’s revenue might have improved YOY, but it only just met Wall Street’s expectations of $1.05 billion, according to consensus estimates cited by CNBC.…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Zillow economists use an economic model they call the Zillow Market Heat Index to gauge the competitiveness of housing markets across the country. This model looks at key indicators—including home price changes, inventory levels, and days on market—to generate a score showing whether a market favors sellers or buyers. Higher scores point to hotter, seller-friendly metro housing markets. Lower scores signal cooler markets where buyers hold more negotiating power. According to Zillow: Score of 70 or higher = strong seller’s market Score fro…

Many entrepreneurs launch beauty startups because they see a glaring gap in the market. It’s only after they’ve formulated their products and launched them that they learn how incredibly difficult it is to turn a profit as a beauty business. That wasn’t the case for Tisha Thompson, founder of LYS (short for Love Yourself), a clean cosmetics brand that is inclusive to all skin tones. Since launching the line in 2021, Thompson has grown LYS’s sales to upward of $10 million. And she did so in a counterintuitive way: by building a bootstrapped brand that launched immediately into Sephora with just $500,000 in startup capital. Thompson’s success is remarkable, particul…

If the three years since the release of ChatGPT have signaled OpenAI’s dominance of generative artificial intelligence, it’s worth recalling that the company’s rapid rise would have been impossible without another Big Tech backer. In 2019, Microsoft agreed to supply OpenAI all the compute it needed, with near exclusivity. In exchange, Microsoft retained the right to use OpenAI’s tech until the arrival of artificial general intelligence, or AGI: the point at which AI systems are able to act like humans and respond to whatever task they’re given, regardless of whether they’ve been trained to solve it. As generative AI’s capabilities blew past initial expectations, t…

If sweating it out on a Peloton helps you stay fit, be sure to see if you’re affected by a major new recall from the exercise bike maker. Peloton issued a major recall for some bike models on Thursday, warning that the seat posts of affected models could break and potentially injure their users. The recall is based on three reports of seat post malfunctions. In two of those incidents, Peloton users were injured after falling off the bike. Though the number of incidents is very small, the recall applies to 833,000 units manufactured in Taiwan and sold in the U.S. The recall affects Peloton Original Series Bike+ units with model number PL02 and serial numbers that s…

If one founder is good, then more must be better, right? Not necessarily. New research shows that the benefits of cofounding a startup with strangers can be eclipsed by the risks. Yes, cofounders can bring their own perspectives, along with “access to wider networks, greater capacity, and access to funding,” says Monique Boddington, a management practice associate professor at the University of Cambridge’s Judge Business School, whose research includes early-stage venture formation and startup strategy development. And yet: “An increasing number of individuals have been setting up businesses with no intention of taking on employees,” she explains. That’s beca…

The value of higher education has been on a steady decline for Americans over the past 15 years. According to a September Gallup poll, only 35% of U.S. adults said a college education is “very important,” compared to 75% in 2010. This is what a marketer would call a brand problem. The University of North Carolina is unveiling a refreshed brand identity and reorganizing its marketing structure to meet these 21st-century challenges. The centuries-old university has a storied history as a top-ranked academic institution and a legendary sports brand (thank you Michael Jordan). Chancellor Lee Roberts says that awareness isn’t UNC’s problem. Everyone in North Carolina…

Every professional faces cycles consisting of booms, busts, restructurings, and reinventions. The difference between those who endure and those who fade isn’t luck or timing; it’s adaptability. In volatile economies, careers built on curiosity and agility thrive long after others stall. No market cycle lasts forever. Careers, like economies, move through expansions and contractions. It’s vital to continue upskilling, remain flexible, and adapt to market cycles. They are not always predictable, but the leaders who adapt, always learn, network, reflect, and rebalance will outperform the cycles. Adaptability Is the New Alpha In finance and beyond, resilience has …