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One of the best performing stocks on the market yesterday was Webull Corporation (Nasdaq: BULL), which saw its shares surge nearly 375% in a single trading session to end the day at $62.90. The stock price surge in BULL occurred on its second trading day after the stock-trading platform merged with a special purpose acquisition company (SPAC) to go public. But in premarket trading today, BULL shares are down a significant amount—about 15% as of the time of this writing. Here’s what to know about the stock and what could be next for Webull shares. What is Webull? Webull Corporation is the owner of the Webull trading platform. The online platform allows users to …

For years, pharmaceutical companies have been racing to develop a market-ready GLP-1 weight-loss pill to join the ranks of popular injectables. Today, Novo Nordisk’s oral version of Wegovy is officially available for purchase. The Wegovy pill—which has been in clinical trials for over two years and was approved by the FDA on December 22—is the first and only oral GLP-1 for weight loss in adults available in the U.S. According to a press release from Novo Nordisk, the pill hit the market on January 5 at more than 70,000 U.S. pharmacies and several popular telehealth providers. Per a KFF health tracking poll released in November, one in eight Americans were already…

Novo Nordisk just launched a new subscription program for Wegovy customers. In an announcement Tuesday, the Danish GLP-1 maker said the new program will help “reduce cost uncertainty” so that people can maintain access to their obesity drugs. Wegovy contains semaglutide, a glucagon-like peptide-1 receptor agonist used for chronic weight management. Novo Nordisk also promised savings of up to $600 per year for the pill form of the drug and up to $1,200 per year for the injections with a 12-month subscription. Eligible patients can choose the self-pay options that work best for them. A three-month plan will cost users $329 per month. A six-month plan is $299 per m…

Some seven million Americans are now on GLP-1 weight loss drugs, a figure expected to rise to 24 million by 2035. These medications curb users’ appetites for fatty, ultra-processed foods, and grocery stores are noticing: total sold units of doughnuts, cakes, and cookies are down by 10%, 19%, and 13%, respectively, compared to five years ago. With this drop in revenue from junk food, grocery stores need to think about how to make more money from other categories. For Whole Foods, there’s one aisle that brims with potential: supplements. Today, Whole Foods is introducing a new line of Japanese-inspired supplements called Apothékary onto its aisles. The brand is known fo…

The obesity rate in the U.S. is continuing its downward trend. The news comes three years after obesity rates hit a record high. In 2022, almost four out of 10 (39.9%) of Americans met the threshold for the classification, however, the number first began to shrink in 2023. Now, the rate of obesity is now down to 37%, according to new data from Gallup. The new findings are based on data from three nationally representative surveys of 16,946 U.S. adults. And while the numbers don’t seem massively significant, the report found that those three percentage points add up to around 7.6 million Americans who no longer meet the criteria for being obese. According to the n…

Custom AI models are not just for the AI giants anymore. Because the 37-person startup Krea is releasing its first generative AI model as the design tools startup repositions itself as a full-fledged AI research lab. The move is significant for Krea, but it also seems to tease an almost inevitable moment in the rapidly evolving AI market, where smaller players in the industry can make more disruptive bets. On one hand, Krea can hardly call itself a bootstrapped startup anymore. It’s now raised $83 million through its Series B at a $500 million valuation. On the other, it’s tiny compared to the leading frontier model companies, which constantly raise more money t…

As the global migrant crisis continues to dominate our airwaves, Welcome.US has triggered a dramatic impact on U.S. immigration, resettling 800,000 refugees across all 50 states. The organization’s cofounder and CEO, Nazanin Ash, shares how her team developed an effective and efficient model, unlocking a nonpartisan community of 2 million volunteers, supported by corporate partnerships with the likes of Meta, Google, and Uber. 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 to…

As the global migrant crisis continues to dominate our airwaves, Welcome.US has triggered a dramatic impact on U.S. immigration, resettling 800,000 refugees across all 50 states. The organization’s co-founder and CEO, Nazanin Ash, shares how her team developed an effective and efficient model, unlocking a nonpartisan community of 2 million volunteers, supported by corporate partnerships with the likes of Meta, Google, and Uber. 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 t…

Wendy’s announced plans to close a “mid-single-digit percentage” of its underperforming U.S. store locations, during its quarterly earnings call on Friday, or 200 to 350 of some 6,000 locations, according to CNN. The news comes as the fast-food giant reports third-quarter profits of $44.3 million, with $549.5 million in revenue, beating analyst expectations by 2.71%; and adjusted earnings per share (EPS) of 24 cents, versus 20 cents. International business delivered strong system-wide sales growth, with international net unit growth expected to come in over 9% in 2025. Shares in Wendy’s Co. (NASDAQ: WEN) were up about 2% in midday trading on Friday, after Wendy’s…

Bringing home the Baconator is not as easy as it used to be, and it’s about to get even harder in cities around the country. Fast food giant Wendy’s is continuing its push to close hundreds of locations as it seeks to stabilize profits and shed underperforming restaurants. Nearly six months after the burger chain first announced the plan on an investor call, its U.S. footprint is decidedly smaller, with multiple states seeing net store declines in the double digits, according to a review of Wendy’s store locator tool. As of Friday, the tool showed 5,675 locations in the United States. That’s roughly 200 fewer locations than what it showed at the end of Sep…

Wendy’s is moving ahead with its plans to close hundreds of restaurants, amounting to between 5 and 6% of its total stores in the U.S., according to its fourth quarter earnings report. The report, published on February 13, showed that Wendy’s business in the U.S. is currently lagging behind its international efforts. Total same-store sales fell 10.1% over the quarter, driven by performance in the U.S., where same-stores sales were down 11.3% compared to 2% at international locations. Overall, global systemwide sales were $3.4 billion, a decrease of 8.3% from the previous quarter. According to Wendy’s interim CEO Ken Cook, one way the company is addressing this tr…

Dream job alert: Wendy’s is looking to hire a “chief tasting officer”—and the role pays $100,000. The fast-food company launched a contest to find the perfect person for the unique job. The new CTO will create content and taste-test Wendy’s food on camera. Wendy’s is known for its humorous approach to marketing and branding. The job ad is no exception. The contest website reads: “Do you hate your job? Are you too iconic to be opening PDFs for your boss? Ever been told you’re a personality hire? Do you care more about bacon than bottom lines? Are you more about JBC than KPI?” Want to try your luck at landing the coveted role? Here’s what you need to kno…

The Wendy’s Company could go private if billionaire Nelson Peltz has anything to say about it. The Trian Fund Management cofounder is looking for outside investors to help with a takeover of Wendy’s, the Financial Times reports. The news isn’t exactly surprising—in February, Trian used its regulatory filing to announce it might sell its stake or attempt a takeover of Wendy’s. Peltz and Trian currently own a 16% stake in Wendy’s, along with the Peltz family’s minority stake in a New York-area Wendy’s franchise owner. Peltz’s son, Bradley Peltz, and Trian cofounder and president Peter May are also on the board of Wendy’s. Fast Company reached out to Trian and W…

Wendy’s is feeling blue. Light blue, to be exact. In April, a new design concept accompanied the opening of the burger chain’s 100th store in the Philippines. In addition to its digital-first layout, the new Wendy’s boasts a light blue facade instead of a red one. The refreshed restaurants are now available to franchisees across the company’s international markets. Wendy’s tells Fast Company that locations are also open in Chile, England, and Scotland, but there are currently none in the U.S. The blue color scheme is part of an initiative Wendy’s is calling “Future Fresh” that could make one of the brand’s secondary colors more primary if adopted widely. On the co…

Wendy’s shares rose on Friday after the fast-food giant reported stronger-than-expected quarterly earnings, beating analyst estimates despite poor U.S. store performance, with U.S. same-restaurant sales falling 7.8%. That slow but steady growth reflects the burger chain’s effort to turn around sales by shedding low-performing American restaurants and improving menu quality. The plan comes amid an overall decline in fast-food store traffic, as American consumers grapple with higher prices and the cost of food and living soars. “We are in the early innings of our turnaround,” Ken Cook, Wendy’s CFO and interim CEO, told analysts on Friday’s earnings call. In the …

When I visited Malaysia and Singapore as a child, I was always curious about the many Chinese herbalist shops we’d pass on busy shopping streets. They looked like they were from another universe. As I peered through the windows, there were glass canisters full of mysterious ingredients: goji berry, bird’s nests, pearl dust, tiger bones, gazelle antlers. We never went inside. My parents—who were trained as a nurse and a biochemist respectively—brushed aside Traditional Chinese Medicine (TCM) as unscientific at best, and dangerous at worst. So I grew up skeptical of these practices. I rolled my eyes when people suggested taking ginseng tea to boost my energy. I stayed c…

On a March afternoon, artificial intelligence detected something resembling smoke on a camera feed from Arizona’s Coconino National Forest. Human analysts verified it wasn’t a cloud or dust, then alerted the state’s forest service and largest electric utility. One of dozens of AI cameras installed for the utility Arizona Public Service had spotted early signs of what came to be known as the Diamond Fire. Firefighters raced to the scene and contained the blaze before it grew past 7 acres (2.8 hectares). As record-breaking heat and an abysmal snowpack raise concerns about severe wildfires, states across the fire-prone West are adding AI to their wildfire detection t…