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Bob Iger doesn’t understand generative AI. He thinks it is good for the quarterly bottom line. He believes a corporation can control it, and that lawyers and agreements can bind it. He is clueless. Generative AI is here to kill Hollywood—including the company he’s now leaving to Josh D’Amaro, the new heir to Disney’s throne. This became painfully clear to me during Disney’s recent first-quarter financial call. Taking a victory lap for his “modernization” efforts, he briefly laid out the roadmap for the company’s partnership with OpenAI, announced in December 2025. Under the agreement, Disney would invest $1 billion in the AI company and let it tap Disney’s IP crow…
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U.S. job openings fell to the lowest level in more than five years, another sign that the American labor market remains sluggish. The Labor Department reported Thursday that vacancies fell to 6.5 million in December — from 6.9 million in November and the fewest since September 2020. Layoffs rose slightly. The number of people quitting their jobs — which shows confidence in their prospects — was basically unchanged at 3.2 million. December openings came in lower than economists had forecast. The economy is in a puzzling place. Growth is strong: Gross domestic product — the nation’s output of goods and services — advanced from July through September at the faste…
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When Howard Schultz joined—and later acquired—Starbucks in the 1980s, he was deeply inspired by the communal culture of Italian coffee bars. From the beginning, Schultz envisioned Starbucks as more than a transactional stop for coffee. He wanted to build a community-centered space for people to congregate and connect. That vision helped redefine what a coffee shop could be. In recent years, however, that vision has lost momentum. Shifts in how and where people work, rising costs, and intensifying competition have challenged Starbucks’s dominance in the coffee shop landscape. In New York City, the company recently lost its position as the city’s largest coffee chain …
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Organizational leaders are witnessing a steep and unprecedented rise in employee healthcare costs that is eroding bottom-line profitability. According to data from the Business Group on Health, these costs are projected to rise by 9% this year, representing a 62% increase since 2017. To put it in perspective, this represents an incremental hit of nearly $1 million to the bottom line for a midsize organization of 500 people. What CFOs are now confronting is a tipping point where the average total cost to insure an employee is nearing $20,000 annually. Notably, it is specifically mental health claims that are driving the spike. PwC’s 2026 Medical Trend report shows that…
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HBO Max’s Heated Rivalry, a gay hockey romance TV series based on the Game Changers book series by Rachel Reid, is the breakout hit no one saw coming. With almost no promotion, it quickly became one of the most talked-about streaming TV shows in the U.S. after HBO Max purchased the rights from Canada’s Crave network this November, turning its two co-stars, Hudson Williams and Connor Storrie, into overnight celebrities. What’s unique about Heated Rivalry is just how fast its popularity has spread, and how devoted its massive fan base is. From the week it debuted, to its season finale six episodes later, its viewership grew from 30 million to 324 million streaming minut…
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Kristin Cabot, the HR exec at the center of last year’s Coldplay kiss cam scandal, is headlining a crisis communications conference happening later this year. Cabot will be seated on the panel “Taking back the narrative” at the PRWeek Crisis Comms Conference in Washington, D.C., on April 16, where individual tickets start at $875 per person. “While attending a Coldplay concert in July and unwittingly appearing on the kiss-cam for a few seconds, Kristin Cabot’s life blew up in an instant,” the description of the keynote presentation reads. “From the outside, it was an amusing, if unflattering meme; but for her, everything changed that day. It continues: “Cabo…
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Taking the leap from traditional employee to solopreneur involves a number of decisions and considerations that may come as a surprise if you’ve always been on someone else’s payroll. Being numero uno for every part of your solo enterprise can illuminate just how complicated it can be to keep any kind of business running. Unfortunately, becoming a solopreneur can complicate your personal financial choices as well. That’s because money habits that felt innocuous while you were on a biweekly pay schedule can create financial mayhem on an irregular income. Whether you’re considering becoming a solopreneur or have been rocking the solo business world for a while, make…
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Working at the office all day was a struggle for Nicola Sura. She’d seen the toll that working a corporate job had taken on her mom’s physical and mental health, and she never wanted the same thing to happen to her. Around six months into Sura’s first full-time role in 2019, she started questioning her life choices, as well as those of everyone around her. “I was, like, how are people doing this? Everyone seems completely fine. Everyone’s just going about their day,” Sura, who works in corporate retail, tells Fast Company. “It was killing me to just be there for eight hours at my desk.” The move to working from home during the COVID-19 pandemic was when Sura …
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Job insecurity is real: More than half of American workers (54%) say insecurity about their job is causing significant stress at work, while more than a third (39%) say they worry they about losing their job due to changes in government policies, according to the American Psychological Association’s 2025 Work in America survey. Layoffs are reportedly at an all-time high since 2009, along with the lowest hiring on record in the U.S. since that time. And many of those layoffs have been in white collar professions—like technology, government, journalism, and high education. All of this could pave the way for the rise of a new kind of role: the “new-collar” job. Here’s wh…
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When COVID-19 hit, our business came to a sudden halt. One moment our calendar was full, the next, meetings and engagements were disappearing. Companies we’d worked with for years shifted their focus overnight, pouring their energy into keeping doors open and team members safe. Like so many others, we found ourselves sidelined—and facing some hard conversations. While uncertainty hung heavy in the air, our small team was unusually open with each other. We talked candidly about the challenges, the personal toll, and what it might all mean for the business. Without setting out to do so, we had built a foundation of psychological safety—one that made navigating a global …
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At work, we still talk about careers like they’re ladders. As if success must be a straight line upward: more responsibility, bigger title, better office. But that old image isn’t just outdated. It can be harmful. Ladders come with an unspoken message: if you’re not climbing, you must be falling. If you experience job loss, the ladder metaphor makes you feel like you slipped off and can’t recover. If you take a step sideways, it makes you look like you stalled and aren’t motivated. If you change careers completely, it can feel like you have to start from scratch. Most people don’t need any more pressure or extra worry about what others think, when they’re already …
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The biggest accounting firm in the U.S. just announced a major structural reset: PricewaterhouseCoopers (PwC) will now only hire new associates in its advisory division to work out of 13 offices, down from 72. Yolanda Seals-Coffield, chief people and inclusion officer for PwC US, confirmed the decision to Business Insider, explaining that the move aims to foster a sense of community among workers. “The idea is that we want to bring people together in a connected way for those first couple of years,” Seals-Coffield said. “You may start in Atlanta and then say, ‘Great, I’ve got my two years of experience. I want to go work in Alabama, which is where I’m from and w…
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It looks like ordinary paint, but a new coating called Lilypad Paint has a hidden ability to pull moisture out of the air. It works like a dehumidifier, without the energy use. If it’s on the wall in your bathroom, it can suck water vapor out of the air after you’ve taken a shower. The paint holds the humidity in nano-size pores, and then slowly releases it as humidity levels fall in the room. Under the paint, a layer of custom primer “acts like a smart gatekeeper ensuring that vapor doesn’t end up accumulating in the wall,” says Derek Stein, founder and CEO of Adept Materials, the startup behind the product. A passive fix for moisture in modern buildings The t…
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When the iPhone first introduced apps in 2008, a feverish gold rush followed. New APIs and design standards made it easier to make software—even by non-coders. The question became: Could you create a small experience, perhaps something as simple as a fart button app, that could make you a million dollars in a weekend? (And while some people definitely cashed in, a majority of us did not.) Nearly two decades later, the rest of us have another opportunity to rethink mobile software. We’ve entered the era of vibe coding—in which complex software can be generated with nothing but plain language prompts. Now, rather than offer developers the tools to make the next hit …
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An Idaho-based beef processing facility is recalling about 22,912 pounds of raw ground beef over concerns that the products might be contaminated with E. coli O145. The company, CS Beef Packers in Kuna, issued the recall following testing by the U.S. Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS), according to a recall notice published late Wednesday. An FSIS test at a “downstream customer” showed E. coli O415. This strand of the bacteria is a variation of Shiga toxin-producing E. coli (STEC). The USDA has labeled the recalled products as high risk, with the potential to cause adverse health consequences or even death. Here’s wh…
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James Van Der Beek was one of the biggest stars of the late 1990s and early 2000s. His family still couldn’t afford the cost of cancer. The actor, 48, best known for his portrayal of Dawson Leery in the ’90s hit Dawson’s Creek, died Wednesday. Van Der Beek’s passing comes a little more than a year after he announced on social media that he was battling colorectal cancer, which he was diagnosed with in 2023. And while the actor and father’s untimely death is undeniably tragic, there’s another heartbreaking piece of the story to be told. His family was desperately struggling to afford the cost of his cancer treatment. Despite Van Der Beek’s successful career, w…
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Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. You can sign up to receive this newsletter every week via email here. Is ‘AI slop’ code here to stay? A few months ago I wrote about the dark side of vibe coding tools: they often generate code that introduces bugs or security vulnerabilities that surface later. They can solve an immediate problem while making a codebase harder to maintain over time. It’s true that more developers are using AI coding assistants, and using them more frequently and for more tasks. But many seem to be weighing the time saved today against the cleanup they may face tomor…
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Stellantis, the maker of Chrysler, Dodge, Jeep, Ram, issued a “do not drive” warning for certain late-model vehicles, telling drivers not to use their vehicles until defective air bags are replaced, according to a notice from the National Highway Traffic Safety Administration (NHTSA). This stop-drive directive was issued for 225,000 U.S. vehicles from 2003 to 2016 that contain the “defective, deadly” Takata airbag inflators, and is part of a larger, ongoing recall. More than 67 million Takata air bags have been recalled in tens of millions of vehicles across U.S. “Over time, the chemical propellant inside certain Takata inflators can degrade, particularly in hot a…
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This story was originally published by Grist. Sign up for Grist’s weekly newsletter here. The conversation around energy use in the United States has become . . . electric. Everyone from President Donald The President to the cohosts of Today show has been talking about the surging demand for, and rising costs of, electrons. Many people worry that utilities won’t be able to produce enough power. But a report released today argues that the better question is: Can we use what utilities already produce more efficiently in order to absorb the coming surge? “A lot of folks have been looking at this from the perspective of, Do we need more supply-side resources and gas p…
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Somewhere around the turn of the 20th century, archaeologists in Heerlen, Netherlands, came across an odd-looking smooth white stone. They knew the territory was once the Roman settlement of Coriovallum, but had never seen anything like it and had no idea what it was for. For the better part of the next 100 years, it sat in a storage unit at the Thermenmuseum, a mystery taunting researchers. Then, six years ago, archaeologist Walter Crist spotted the stone while wandering the museum. Crist specializes in ancient board games and recognized it as one, though not one he had ever seen before. That sparked his curiosity. Now, with the help of artificial intelligence, he th…
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After 25 years of obsessing over Mars, Elon Musk announced that SpaceX has shifted focus from invading the Red Planet to invading the Moon. He claims he will build a self-sustainable lunar metropolis in less than a decade—a sharp contrast to his proposed Mars colony, which he says would now take at least 20 years. Both timelines are as fictional as Star Trek, but at least now his plan makes sense. It is a jarring plot twist from January 2025, when Musk dismissed the Moon as a “distraction.” Now, he says, the satellite is the “overriding priority” to secure civilization. Musk argues a lunar base is necessary because a “natural or man-made catastrophe” on Earth could c…
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Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Economic forecasting has never been easy, and it becomes even more challenging in the face of unprecedented events like COVID-19 lockdowns and extraordinary levels of fiscal and monetary intervention. This was followed by a rapid cycle of interest rate hikes, adding further complexity. Look no further than the fact that for three consecutive years (2022, 2023, and 2024) economic forecasts at large significantly underestimated mortgage rates. Recently, however, forecasters have fared better. Among the 17 mortgage rate forecasts rounded up by ResiClub …
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Below, Brad Stulberg shares five key insights from his new book, The Way of Excellence: A Guide to True Greatness and Deep Satisfaction in a Chaotic World. Brad is on faculty at the University of Michigan. He is a performance coach and regularly contributes pieces about sustainable excellence to the New York Times. His work has also been featured in The Wall Street Journal and The Atlantic, among many other outlets. He serves as co-host of the podcast excellence, actually. What’s the big idea? What if excellence isn’t about winning, talent, or perfect conditions? Lasting performance and real fulfillment live in our curiosity, resilience, and love of the process…
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The annual NFL tradition of firing the head coach as the season ends continues. This year, 10 top coaches got the axe, a staggering 31% of all NFL coaches. And they include football legends like John Harbaugh, after 18 seasons with the Baltimore Ravens, and Sean McDermott, who took the Buffalo Bills to the playoffs in eight out of nine seasons. Firing the head coach—just like firing the CEO in the business world—is the easy answer, and it looks good in the media: decisive, forward-looking, taking action. But, most times, this act alone falls short of fixing the problems that contributed to an organization’s failures. PART OF A SYSTEM In reality, the CEO is part…
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If Domino’s earnings on Monday prove anything, it’s that people are still eating pizza—even if fast food sales, in general, are slumping. “There seems to be a narrative out there that pizza is a challenged and declining category,” Domino’s CEO Russell Weiner said in an earnings call on Monday. “That is just not true, looking back to 2019, you’ll find a category that has generally grown approximately 1-2% each year, including last year 2025.” Weiner did, however, acknowledge the market was “mature.” The pizza giant reported strong fourth-quarter earnings results, with revenue coming in at 1.54 billion, beating estimates of $1.52 billion. It also reported a 15% quar…
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