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After seeking Chapter 11 bankruptcy protection in November 2025, Ohio-based retail chain American Signature Inc. (ASI) now says it will close all of its Value City Furniture and American Signature Furniture stores. Here’s what you need to know about the first major home retail store closings of the year, and why some of the chain’s customers need to beware. What’s happened? As Fast Company previously reported, home furnishings retailer American Signature Inc. announced in November that it had filed for Chapter 11 bankruptcy protection. The Ohio-based company was founded 78 years ago in 1948 and grew to become one of the country’s largest regional home furnishin…

One year on from the catastrophic LA wildfires, journalist, author, and MS NOW correspondent Jacob Soboroff examines what the fires reveal about America’s growing age of disaster. Drawing from his new book Firestorm, Soboroff shares hard lessons from the aftermath, exposing systemic failures, unlikely heroics, and what today’s recovery efforts tell us about how the U.S. will respond to the next crisis. This is an abridged transcript of an interview from Rapid Response, hosted by the former editor-in-chief of Fast Company Bob Safian. From the team behind the Masters of Scale podcast, Rapid Response features candid conversations with today’s top business leaders navigat…

Former Florida Governor Jeb Bush’s 2016 presidential campaign is remembered a decade on for the exclamation point in its “Jeb!” logo, but Jesse Jackson’s campaign actually used the punctuation 28 years before him. Jackson, the civil rights activist who died Tuesday at the age of 84, ran for president twice, in 1984 and 1988. At the 1988 Democratic National Convention, his supporters held red signs that said “Jesse!” in white. Jackson came in second in the 1988 primary with nearly 30% of the vote against the party’s nominee Michael Dukakis, and since then, candidates from Bush to 2012 Republican presidential candidate Mitt Romney and former U.S. Sen. Lamar Alex…

You’re stuck in traffic again, late for work, watching brake lights stretch to the horizon. According to the most recent data in the U.S. (2024), here are some of the ways traffic jams are lowering the quality of life: Americans lost an average of an entire work week sitting in traffic. Commuter costs have surged 16% over the past five years to reach $269 billion annually. Congestion time for commuters has gone up 10% since 2019 and it’s 19% for trucks delivering all the products we buy. Stress increases of 80%, and aggressiveness increases of 52%. Long stretches in traffic lead to back pain, leg pain, and headaches. There’s no one solution to dealin…

If you walk into a grocery store in the Netherlands or Germany, you might not realize you’re being steered toward plant-based protein, from vegan tortellini to plant-based yogurt. But across Europe and the UK, major retailers are quietly driving that shift. And they’re seeing results at a time when plant-based sales are struggling in the US. Lidl, a budget supermarket, grew UK sales of its private-label plant-based line by nearly 700% from 2020 to 2025. In Germany, France, and Italy, plant-based retail sales are growing across multiple categories, with most of that growth coming from supermarkets’ own brands. Lidl is one of several retailers with a deliberate stra…

Eight times the output. Same job. Same title. Not 80%. 800%. That’s a lot. And yet, most hiring systems and processes are almost perfectly designed to miss those people. This isn’t a talent shortage. We’ve normalized a measurement problem for so long that it barely registers as a problem anymore. Across industries, hiring has been optimized for efficiency and familiarity. We screen for credentials that look impressive, resumes that read cleanly, and career paths that resemble the ones we already trust. It feels rigorous. It feels fair. But it isn’t actually predictive of performance. In fact, the more polished a hiring process becomes, the more likely it is to filter …

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.…

The U.S. and Israel’s attack on Iran led to commercial flights disruption on Saturday across the Middle East and beyond as regional airspaces began closing and tens of thousands of travelers around the globe were stranded. Israel, Qatar, Syria, Iran, Iraq, Kuwait and Bahrain closed their airspace, while Oman’s Muscat International Airport shut down and all flights were restricted over the United Arab Emirates, according to flight tracking website FlightRadar24. Major airlines based in the Middle East with worldwide networks canceled hundreds of flights while many other travelers were unexpectedly diverted to airports across Europe or flown back to departure airpor…

Let’s be honest: The web browser is the modern-day operating system for everything from managing spreadsheets to pretending to work while reading tech blogs. Google knows this. That’s why the Chrome team announced a trio of new productivity features designed for people who basically live inside their browsers. Best of all? They’re actually quite useful. Here’s what you need to know to get your tab-hoarding, PDF-losing life back in order. Split View You know the drill. You’re trying to reference a document while writing an email, or maybe you’re watching a tutorial while trying to write code. You end up clicking back and forth between two tabs until your eye…

Octopuses are brilliant, emotional, and mysterious. Can they ever be farmed humanely? And if they can, should they be? Fast Company contributor Clint Rainey is the first journalist in the world to be let inside a cutting-edge effort to build the first commercial octopus farm. View the full article

In 2023, as Texas lawmakers debated Senate Bill 13—a controversial bill aimed at restricting certain books in public school libraries and expanding parental oversight—Steve Wandler was among the dozen-plus parents, educators, and advocates who testified before the legislature. Wandler wasn’t just another concerned citizen. He was a Canadian entrepreneur who had relocated to Texas the year before to found Bookmarked, a fledgling startup that promises to help school districts manage their library collections and give parents greater visibility into what their children are reading. The legislation addressed the very issue Wandler believed his company could help solve. Th…

Gold-medal moments for American athletes abounded at the 2026 Winter Olympics. Among a slew of highlights, Alysa Liu brought the U.S. Olympic gold in singles figure skating for the first time since 2002, Breezy Johnson and Mikaela Shiffrin topped the podium in Alpine skiing. The Paralympics, which start March 6, will likely see more medals for women athletes, and many of them will be celebrating in Las Vegas this summer. But data from ticket exchange and resale site StubHub shows that the U.S. women’s hockey team’s triumph over Canada for gold in Milan will have a lasting effect on attendance at Professional Women’s Hockey League games. The company’s internal dat…

Early this year, the glitz and glamour of Hollywood awards season kicked off with the Critics Choice Awards, and soon everything will culminate with the Academy Awards on March 15. With the Oscars just two weeks away—and the rest of awards season nearly behind us—it’s the perfect time to overanalyze what movie will emerge victorious on the big night. All this overthinking could even help you win your office competition (or make some money on Polymarket or Kalshi). Here’s everything you need to know to make an informed Oscar prediction ballot: How Oscar nominations are chosen The Academy of Motion Picture Arts and Sciences, the organization behind the Osca…

In a year of tremendous uncertainty, one of the few constants has been the swift uptick in gold and silver prices. Both metals have reached record high after record high as investors turn to safe-haven assets. Yet, as war escalates across the Middle East, the prices of silver and gold are currently falling. Most notably, silver fell over 11% on Tuesday and is down over 7% to about $82.50 per ounce at the time of publication. That’s more than a 5% drop over the last five days and close to 3% down for the past month. Silver’s all-time high price came on January 29, with a whopping $129.64 per ounce. Even with the significant drop from that peak, silver is…

Economist Larry Summers will resign from his tenured job as a professor at Harvard University, the school announced on Feb. 25, 2026, following heightened scrutiny of his ties with the late convicted sex offender Jeffrey Epstein. Summers will leave at the end of the 2025-26 academic year, with a new title: president emeritus. It’s a soft landing for his fall from grace. In November 2025, Harvard launched an investigation of Summers, a former U.S. Treasury secretary who previously served as Harvard’s president. The probe looked into whether Summers and other members of Harvard’s faculty and administration had interactions with Epstein that violated its guidelin…

Aspiring entrepreneurs often ask me whether they should quit their full-time jobs and go all in on starting a business. “Keep your job,” I always say. (That’s what I did; I worked in manufacturing for 20 years before I became an entrepreneur.) “Prove your idea for a business works. Prove you can make money. Prove you’re willing to do whatever it takes. If you’re not willing to spend nights and weekends on your startup, instead of running toward the business you feel compelled to start, you’re probably running away from a job you don’t like.” That advice, or at least the reasoning behind it, always falls a little flat. To many people, choosing not to go all in imp…

Over the last 50 years, the chasm between average worker pay and CEO compensation has cracked wide open. Between 1978 and 2024, chief executive pay spiked by 1,094%, according to the Economic Policy Institute—which means the average CEO earns 281 times the average worker. A new report from the Institute for Policy Studies, a progressive research organization, captures how this disparity persists across some of the largest companies in the country and how the low-wage workers they employ are forced to rely on public benefits. The report drew on the S&P 500 and tallied a list of 20 companies that have been dubbed the “Low-Wage 20,” which includes some of the u…