ResidentialBusiness

Lender reduces chief executive’s basic pay by 40% but higher reward possible after UK’s abolition of capView the full article

Canberra calls for transparency over naval drills after commercial flights rerouted from Tasman SeaView the full article

This year, high-profile companies like Amazon and JPMorgan have embraced strict policies to get their employees back into the office full time, eliminating the option of hybrid work altogether. With limited exceptions, workers who choose not to comply with these new mandates are unlikely to keep their jobs—let alone get a raise. One company, however, is willing to shell out thousands of dollars to lure workers back to the office. According to a CNBC report, the celebrity video platform Cameo has promised each of its employees an additional $10,000 annually in exchange for coming into the company’s Chicago-based office four days a week. “We really felt like we wanted to make HQ a perk, not a punishment,” Cameo CEO Steven Galanis told CNBC. “We know we’re asking more out of you to give up the flexibility, and we wanted to compensate you for it.” In addition to the $10,000 raise, employees who returned to the office this week will receive perks like free lunch and parking, as well as access to a gym. While the policy currently applies only to Chicago-based employees, the company has said it will help cover relocation expenses and extend these benefits to people based elsewhere if they are interested in moving. The leadership team decided on the $10,000 figure by considering what sum of money would move the needle for the majority of employees, but especially for those who are in the earlier stages of their career. “That might be the difference between them being able to get an apartment in the city or having to take the train because they live with their parents in the suburbs,” Galanis said. Chicago-based employees did not have the option to opt out of going into the office, but Galanis claims that nobody has quit in response to the policy change. Many corporate employees have resisted the RTO push in part because they don’t want to give up the flexibility that hybrid work offers. In some cases, they may have even moved to another state and would have to relocate to abide by some of the most stringent policies. But another reason workers have resisted these mandates is because of the financial tax of returning to the office: In fact, surveys have shown that many people are willing to accept a pay cut for a job that allows them to work from home and maintain some flexibility. Research conducted by Harvard Business School found that 40% of workers would take at least a 5% pay cut to keep a remote job; about 9% of respondents said they would accept a cut of 20% or higher. Women were found to be more likely to give up a higher percentage of their salary. Since employees incur costs by going into the office, particularly commute-related expenses, it’s possible that some people would feel differently about RTO mandates if they received additional compensation. Cameo also reportedly does not plan to track attendance. Its approach could be a model for other companies that want to bring workers back to the office—without stoking their ire or losing top talent. View the full article

With TikTok’s future in the U.S. still uncertain, Substack is doubling down on attracting video creators. As of yesterday, creators can now publish video posts directly from the Substack app—a feature previously limited to desktop. This update marks a significant shift, enabling creators to upload, publish, and monetize videos entirely from their phones. They can instantly reach subscribers via email, app notifications, or both, streamlining content distribution like never before. “This isn’t just about adding video, it’s about creators building more engaged communities that make independent publishing stronger than ever,” Substack cofounder and CEO Chris Best tells Fast Company. While creators could previously share videos in Notes—Substack’s Twitter-like feed—that feature doesn’t support paywalls, nor does it notify subscribers when a new post goes live. With this update, video creators can now reach their audience directly, bypassing algorithms and monetizing their work more effectively. Creators can track post views, new subscribers, and estimated revenue impact (if paywalled) of their published material. Substack also says it’s committed to expanding its video tools, with potential additions like in-app trimming and editing (similar to CapCut), customizable paywalls with free previews, and enhanced analytics to better track video performance. The brief time that TikTok went dark in late January was a wake-up call for creators, underscoring the importance of owning their audience. For those concerned about their future on TikTok and other algorithm-driven platforms, Substack presents a solution: a subscription-based video business built entirely within the app. Last month, Substack launched its $20 million Creator Accelerator Fund, which promises content creators that they won’t lose revenue by jumping ship to Substack. Other updates include the recent expansion of Live Video, now available to all publishers on the platform. “As the internet shifts, Substack is proving that when creators have true ownership, their success isn’t just possible, it’s inevitable,” Best says. The efforts appear to be paying off. According to Substack, those who have added video and/or audio to their Substacks have seen their revenue grow 2.5 times faster than those who haven’t. In April 2024, more than half of the 250 highest-revenue creators used audio and video. By February 2025, that number has surged to 82%. There is also a ripple effect across the platform. Currently the likelihood that subscribers (who come from audio and video creators) will pay for other Substacks has almost tripled, jumping from 52% to 150% in just six months. View the full article

Figures still fell short of the boost chancellor Rachel Reeves needed to keep her Budget plans on trackView the full article

Citi, HSBC, Morgan Stanley and Royal Bank of Canada agree to pay over £100mnView the full article

Former prime minister and ex-Tesla board member plan to approach Elon Musk to support struggling carmakerView the full article

Retro gaming is experiencing a revival thanks in large part to people born after the Game Boy era. According to a new survey from Pringles, a popular gaming snack, 66% of Britons have bought retro tech of some kind in the past two years, with 24% of Gen Z now owning a retro games console. Popular retro consoles include Game Boy, first released in 1989 and discontinued in 2003; Super Nintendo Entertainment System, released in 1990 and also discontinued in 2003; and the Xbox original, first released in Europe in 2002 and discontinued in 2009. For 89% of gamers, retro games offer a welcome break from the internet, with 74% agreeing that “nostalgic games” are more relaxing. Of those surveyed, 77% had hung on to their retro tech for sentimental value. The rest, however, more recently purchased retro games that might have already been discontinued by the time they were born or certainly of gaming age. The youngest in Gen Z would’ve been born in 2012, the same year the Wii U was released; while the oldest of their generation were born in 1997, the same year the Nintendo 64 (N64) and Sony PlayStation were released. Earlier this month, Pringles was in the U.K. promoting a Retro Console Clinic in London, which offered free repairs for retro handheld and home consoles. The pop-up encouraged people to dig out all their retro consoles and bring them down, the Verge U.K. reported, plus gamers were invited to stop by to play classic games for free. “I think younger generations have got a lot more stress now; growing up in the social media world is mentally very challenging,” Luke Malpass, one of the event’s engineers, told the Guardian. “[Retro video gaming] is their safe place. It’s like their escape.” Low-tech holds nostalgic appeal and may even offer a solid antidote to our increasingly fast-paced tech-driven society. For 78% of those polled, one reason they enjoy using retro gadgets is because it means they’re not using their smartphone. According to a September 2024 survey conducted by the Harris Poll, 21% of Gen Z adults say they wish smartphones had never been invented. The nostalgia trend shows no sign of slowing down with #nostalgia amassing more than 12.6 million posts on TikTok, many featuring gadgets and games from the 1990s and 2000s. Perhaps it’s time to dig around for my pink Nintendo DS and see how my Nintendogs are doing. View the full article

The US president has hit the ground running, but he is dogged by stubborn inflation and tepid approval ratingsView the full article

The Department of Veterans Affairs ended a break for borrowers put at a disadvantage by a discontinuation of pandemic aid as they transitioned to a new program. View the full article

Ultra-high rents were previously a rarity. Last year they became almost commonplaceView the full article

My father enjoyed a long retirement on a modest pension — here’s how he did itView the full article

Independent body searches for ways to hold social media group to account over content moderation and hate speech changesView the full article

Gymkhana, Dorian and Hutong among capital’s eateries combating ‘reservation-squatting’View the full article

Criticism of agency’s travel costs and big pay rises comes as pressure grows on aid budgetView the full article

A new analysis of Occupational Safety and Health Administration (OSHA) data by Everly Life reveals that manual laborers and healthcare workers experience the highest rates of workplace injuries. The study, based on the most recent government data, highlights the risks associated with physically demanding jobs and underscores the need for improved safety measures. The study found that manual labor positions account for over 10% of all workplace injuries, while healthcare workers represent nearly 13% combined. The top 10 occupations with the highest injury rates include: Laborers and Material Movers – 77,755 cases (10.90%) Stockers and Order Fillers – 58,759 cases (8.30%) Registered Nurses – 58,411 cases (8.20%) Nursing Assistants – 33,215 cases (4.70%) Couriers and Messengers – 25,146 cases (3.50%) Heavy/Tractor-Trailer Truck Drivers – 21,948 cases (3.10%) Assemblers/Fabricators, Other – 16,861 cases (2.40%) Fast Food/Counter Workers – 15,478 cases (2.20%) Cashiers – 13,667 cases (1.90%) Retail Salespersons – 12,165 cases (1.70%) Manual Labor: The Highest Risk Category Laborers and material movers had the highest reported injuries, accounting for 10.90% of all workplace incidents. These jobs often involve heavy lifting, repetitive movements, and hazardous environments, contributing to high injury rates. “These workers often handle heavy loads in challenging environments,” said Meredith Bell, a life insurance expert at Everly Life. “The physical demands, combined with potential hazards from equipment and materials, create significant risks.” Healthcare Workers Face Rising Injury Rates Registered nurses and nursing assistants together reported 91,626 cases, representing 12.9% of total injuries. These injuries stem from patient lifting, exposure to infectious diseases, and high-stress work environments. “Healthcare workers face unique challenges,” Bell noted. “They deal with physical strain from patient handling, exposure to infectious diseases, and high-stress environments that can lead to accidents.” Transportation and Delivery Risks Couriers, messengers, and truck drivers combined accounted for 47,094 injury cases (6.6%), with risks stemming from road hazards, tight deadlines, and extreme weather conditions. “The pressure to meet delivery deadlines, combined with road hazards and weather conditions, creates substantial risks for these workers,” Bell said. Need for Better Safety Measures The study underscores the importance of workplace safety improvements. Bell emphasized that many injuries could be prevented with proper training and enhanced safety protocols. “A lot of these injuries could be prevented through better training and safety protocols,” Bell stated. “For example, implementing proper lifting techniques for material handlers or providing adequate staff support for healthcare workers can significantly reduce injury risks.” Workplace Safety Beyond Physical Risks Bell also stressed that mental health support is critical in reducing workplace accidents. High-pressure environments, long hours, and job-related stress contribute to fatigue and increased injury risks. “These OSHA statistics highlight how physical demands and workplace pressures affect worker safety across various industries,” Bell said. “While some risk is inherent in these occupations, many injuries are preventable through proper training and support systems. We see a clear need for improved safety protocols, particularly in manual labor and healthcare settings. This includes not just physical safety measures, but also mental health support. Working long hours under pressure increases accident risks substantially. Addressing both physical and psychological workplace safety means employers can better protect their workforce and reduce injury rates.” Image: Envato This article, "Manual Labor and Healthcare Workers Face Highest Workplace Injury Risks, Study Finds" was first published on Small Business Trends View the full article

A new analysis of Occupational Safety and Health Administration (OSHA) data by Everly Life reveals that manual laborers and healthcare workers experience the highest rates of workplace injuries. The study, based on the most recent government data, highlights the risks associated with physically demanding jobs and underscores the need for improved safety measures. The study found that manual labor positions account for over 10% of all workplace injuries, while healthcare workers represent nearly 13% combined. The top 10 occupations with the highest injury rates include: Laborers and Material Movers – 77,755 cases (10.90%) Stockers and Order Fillers – 58,759 cases (8.30%) Registered Nurses – 58,411 cases (8.20%) Nursing Assistants – 33,215 cases (4.70%) Couriers and Messengers – 25,146 cases (3.50%) Heavy/Tractor-Trailer Truck Drivers – 21,948 cases (3.10%) Assemblers/Fabricators, Other – 16,861 cases (2.40%) Fast Food/Counter Workers – 15,478 cases (2.20%) Cashiers – 13,667 cases (1.90%) Retail Salespersons – 12,165 cases (1.70%) Manual Labor: The Highest Risk Category Laborers and material movers had the highest reported injuries, accounting for 10.90% of all workplace incidents. These jobs often involve heavy lifting, repetitive movements, and hazardous environments, contributing to high injury rates. “These workers often handle heavy loads in challenging environments,” said Meredith Bell, a life insurance expert at Everly Life. “The physical demands, combined with potential hazards from equipment and materials, create significant risks.” Healthcare Workers Face Rising Injury Rates Registered nurses and nursing assistants together reported 91,626 cases, representing 12.9% of total injuries. These injuries stem from patient lifting, exposure to infectious diseases, and high-stress work environments. “Healthcare workers face unique challenges,” Bell noted. “They deal with physical strain from patient handling, exposure to infectious diseases, and high-stress environments that can lead to accidents.” Transportation and Delivery Risks Couriers, messengers, and truck drivers combined accounted for 47,094 injury cases (6.6%), with risks stemming from road hazards, tight deadlines, and extreme weather conditions. “The pressure to meet delivery deadlines, combined with road hazards and weather conditions, creates substantial risks for these workers,” Bell said. Need for Better Safety Measures The study underscores the importance of workplace safety improvements. Bell emphasized that many injuries could be prevented with proper training and enhanced safety protocols. “A lot of these injuries could be prevented through better training and safety protocols,” Bell stated. “For example, implementing proper lifting techniques for material handlers or providing adequate staff support for healthcare workers can significantly reduce injury risks.” Workplace Safety Beyond Physical Risks Bell also stressed that mental health support is critical in reducing workplace accidents. High-pressure environments, long hours, and job-related stress contribute to fatigue and increased injury risks. “These OSHA statistics highlight how physical demands and workplace pressures affect worker safety across various industries,” Bell said. “While some risk is inherent in these occupations, many injuries are preventable through proper training and support systems. We see a clear need for improved safety protocols, particularly in manual labor and healthcare settings. This includes not just physical safety measures, but also mental health support. Working long hours under pressure increases accident risks substantially. Addressing both physical and psychological workplace safety means employers can better protect their workforce and reduce injury rates.” Image: Envato This article, "Manual Labor and Healthcare Workers Face Highest Workplace Injury Risks, Study Finds" was first published on Small Business Trends View the full article

RingCentral has introduced RingCentral AI Receptionist (AIR), a generative AI-powered phone agent designed to automate customer communications by answering inquiries and directing callers without the need for complex IT setup. Unlike traditional intelligent virtual agents (IVAs) used in contact centers, RingCentral AIR is built for businesses of all sizes, offering an out-of-the-box solution to streamline call handling. Simplifying AI Call Automation RingCentral AIR enables businesses to automate routine phone interactions, reducing the need for human receptionists and improving efficiency. The AI-powered receptionist can answer frequently asked questions, provide business details such as hours and location, and transfer callers to the appropriate department. Key features include: Automated responses to routine customer questions. Smart knowledge base creation using generative AI. Scalable deployment for businesses with multiple locations. Intelligent call routing based on natural conversation. SMS confirmations providing requested information. Call transcripts and analytics for business insights. Customizable voice and language support, starting with English, with Spanish launching by the end of Q1 2025. Real-World Impact Early adopters have reported notable improvements in efficiency and customer experience: A security company resolved over 50% of inbound calls with AI automation. A home tech service company handled 60% of calls, capturing leads that would have otherwise been lost. A healthcare provider eliminated call wait times, reducing average answer time from 12 seconds to 0 seconds. Future Enhancements and Availability RingCentral plans to expand AIR’s capabilities, with AI-powered appointment scheduling set to launch in future updates. The solution is currently available to select U.S. businesses in a controlled availability phase, including a one-month 100-minute free trial. A broader rollout is expected in Q2 2025. For more details on availability and future updates, visit RingCentral’s website. This article, "RingCentral Launches AI Receptionist to Automate Business Call Handling" was first published on Small Business Trends View the full article

RingCentral has introduced RingCentral AI Receptionist (AIR), a generative AI-powered phone agent designed to automate customer communications by answering inquiries and directing callers without the need for complex IT setup. Unlike traditional intelligent virtual agents (IVAs) used in contact centers, RingCentral AIR is built for businesses of all sizes, offering an out-of-the-box solution to streamline call handling. Simplifying AI Call Automation RingCentral AIR enables businesses to automate routine phone interactions, reducing the need for human receptionists and improving efficiency. The AI-powered receptionist can answer frequently asked questions, provide business details such as hours and location, and transfer callers to the appropriate department. Key features include: Automated responses to routine customer questions. Smart knowledge base creation using generative AI. Scalable deployment for businesses with multiple locations. Intelligent call routing based on natural conversation. SMS confirmations providing requested information. Call transcripts and analytics for business insights. Customizable voice and language support, starting with English, with Spanish launching by the end of Q1 2025. Real-World Impact Early adopters have reported notable improvements in efficiency and customer experience: A security company resolved over 50% of inbound calls with AI automation. A home tech service company handled 60% of calls, capturing leads that would have otherwise been lost. A healthcare provider eliminated call wait times, reducing average answer time from 12 seconds to 0 seconds. Future Enhancements and Availability RingCentral plans to expand AIR’s capabilities, with AI-powered appointment scheduling set to launch in future updates. The solution is currently available to select U.S. businesses in a controlled availability phase, including a one-month 100-minute free trial. A broader rollout is expected in Q2 2025. For more details on availability and future updates, visit RingCentral’s website. This article, "RingCentral Launches AI Receptionist to Automate Business Call Handling" was first published on Small Business Trends View the full article

Elon Musk has objected to allegations that rocket maker unlawfully discriminated against asylum seekers and refugeesView the full article

As a former military officer turned sustainability-focused CEO, I often find myself reflecting on the intersection of two worlds that, on the surface, seem unlikely companions. The military and environmental activism may not share much in popular perception, but my time in service fundamentally shaped how I approach mission-driven leadership. It gave me the tools to tackle complex, seemingly insurmountable problems while galvanizing a team toward a higher purpose. If we are to solve the key challenges of our time—challenges as large as protecting our planet—leaders will need to adopt three key lessons I learned from the military. Lesson 1: Service before self The military’s core ethos revolves around serving a mission greater than oneself. For me, this meant uprooting my life every 2 years, enduring long deployments where my husband was gone for 320 days of the year, and working on classified missions I could never share. These sacrifices weren’t about personal glory but about contributing to something bigger: protecting the freedoms and safety of others. This same mindset is essential in mission-driven leadership. Building a values-driven company that prioritizes the health of people and the planet is an inherently uphill battle. But this work isn’t about personal comfort or short-term wins. It’s about serving a mission that has lasting value for future generations. One of the greatest leadership challenges is finding and motivating others who share this sense of purpose. In the military, what binds individuals together—even in life-or-death situations—is the shared passion for serving the mission. The same is true for leaders of purpose-driven companies. Surround yourself with people who are deeply committed to the cause. Their shared purpose will provide the resilience and determination needed to face setbacks and keep pushing forward. In the U.S., we tend to prioritize individual success over collective progress. For me, military service was a catalyst for this mindset shift, and it continues to shape how I approach sustainability: as a duty to serve the greater good. Lesson 2: Discipline and making excellence a habit At the United States Air Force Academy, I learned that excellence isn’t a singular act—it’s a habit. This lesson was ingrained in me through daily practices like making my bed with hospital corners, ironing uniforms to perfection, and pushing through grueling physical challenges. These seemingly small acts built the discipline to tackle larger, more complex tasks. The ability to consistently show up and meet high standards—even in the face of fatigue, doubt, or hardship—is the secret weapon that has helped me accomplish the greatest challenges in my life, from running a sub-3-hour marathon to leading a purpose-driven company. Shaping businesses that improve our health and planet often feels overwhelming. The statistics alone can make you want to throw up your hands: Humans generates over 400 million tons of plastic waste annually, much of which ends up in landfills or the ocean. So instead, focus on the small things laddering up into larger ones. Consider something as simple as making your bed every day. It’s not about the bed itself; it’s about starting the day with a small win, a signal to yourself that you’re committed to doing the work, no matter how small it seems. Discipline drives progress when motivation fades—because motivation will fade. For business leaders, building a culture of disciplined habits is critical. Tackling problems at scale requires a disciplined approach and a team that’s practiced in the excellence of laddering little disciplines up into larger ones. Are you modeling attention to detail and high standards in your daily work? If not, how can you expect your team to do so when tackling massive societal and environmental challenges? Leadership in the movement for conscious consumer goods and beyond, requires long-term thinking, consistency, and resilience—all of which are forged through disciplined action. Leaders must show up every day, no matter how difficult the path ahead may seem. Lesson 3: Integrity, even when no one is looking In the military, integrity isn’t just a buzzword—it’s a core value. We were trained to do what was right, even when it was inconvenient or when no one was watching. This principle was so critical that a breach of integrity, known as an “honor violation,” could lead to immediate discharge. A friend of mine once faced 6 months of probation because his homework was too similar to his roommate’s. In the business world, integrity often feels like a luxury rather than a necessity. Capitalism is not built this way—companies don’t just do the right thing to feel good. If it doesn’t drive the top or bottom line, it likely won’t make the cut, even when they know their actions are harmful to human health or the environment. However, I believe companies have the potential to be inherently good. Many companies treat sustainability initiatives as a cost center, doing the bare minimum to meet regulatory requirements or appease consumers. But real progress happens when sustainability is integrated into the business’s core objectives, showing measurable returns that drive the company’s growth. At my company, Novi, we work to build incentive structures that align sustainability efforts with revenue and cost-saving opportunities, ultimately driving both environmental progress, human health, and business success. For business leaders, integrity means pushing for solutions that don’t just check a box but create meaningful, measurable impact. It’s about holding yourself and your organization accountable to high standards—even when it’s inconvenient or costly—because the stakes for our planet are just as high as they are on the battlefield. Build a new kind of leadership The Fast Company Impact Council is a private membership community of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual membership dues for access to peer learning and thought leadership opportunities, events and more. As we face the monumental task of preserving our planet for future generations, leaders across disciplines must embrace a mission-first mindset, build the discipline to tackle daunting problems, and act with integrity, even when it’s inconvenient. These principles aren’t just relics of my time in uniform; they’re the guiding forces that help me navigate the complex, high-stakes challenges of mission-driven leadership. The military may have prepared me for battle, but it also prepared me to serve a different kind of mission: protecting the health of people and our planet. And for that, I’ll always be grateful. Kimberly Shenk is cofounder and CEO of Novi Connect. View the full article

The Fast Company Impact Council is a private membership community of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual membership dues for access to peer learning and thought leadership opportunities, events and more. Carter G. Woodson is the reason we celebrate Black history this month, and every February. Not many people know him, but he was a scholar, a journalist, and an activist who decided in the early 1900s to document how formerly enslaved Africans and the broader African diaspora contributed to the prosperity and growth of this country and beyond. At the time, our nation’s narrative assumed that African Americans had no history or impact on the trajectory of the United States. Despite known and demonstrable evidence to the contrary, even among former enslavers, a national narrative asserting the biological and inherent inferiority of anyone with one drop of Black blood had to assert that Black people lacked any significant history or claim on shared humanity. “We hold these truths to be self-evident, that all men are created equal…” except for Black men and women. This narrative added further justification for the evils of Jim Crow segregation and decades of policy and actual violence to African Americans. Hidden figures Woodson and his colleagues changed all that. Together, they detailed the history of African-descended people in the Americas and beyond. Woodson educated the broader population about the Black contributions to their daily lives. Inventors like Thomas Jennings, the first African American to receive a patent, for a new form of dry cleaning. And, Lewis Howard Latimer, who worked with Alexander Graham Bell and Thomas Edison, where he improved the process for making carbon filaments in light bulbs and later invented a precursor to air conditioning. And, Granville T. Woods, who improved the operation of telegraphs. And, Alice H. Parker, who designed the first central heating system powered by natural gas. These hidden figures—and so many more—had been and would have been forgotten by history if not for Woodson and his colleagues. He began publication of the Journal of Negro History, now The Journal of African American History, in 1916, and it has been continuously publishing ever since, documenting the history of African American life and their contributions to society. After founding the Journal, Woodson decided to go further and start “Negro History Week” in 1926. He timed this for the second week in February, to coincide with the birthdays of both Frederick Douglas and Abraham Lincoln. In 1976, this grew into the Black History Month we now recognize every year. Contributions should be honored As we face current attempts at historical erasure, we recall that Woodson and his colleagues did not enjoy broad support. Policy violence and deep rhetorical contempt against Black Americans catalyzed the rise of attacks and intimidation by the KKK and other hate groups. Thus, Woodson strived without the accolades or endorsements from establishment leaders. He and his colleagues, many white, understood that in the shared understanding of all peoples’ contributions to civilization lay the seeds for a more fully flowering democracy. Woodson’s efforts certainly helped to raise the consciousness of Black Americans. It also gave whites the opportunity to cast aside the toxic mythology of white supremacy. Woodson became one of the leaders of the Black intellectual and cultural movements in the 20s and 30s, such as the Harlem Renaissance and the international Black Consciousness Movement led by individuals like Marcus Garvey. His work helped Black people all over the country and throughout the African diaspora recognize our contributions and envision our full potential in a society unfettered by racial hate, segregation, and discrimination. Black History Month rests on a big and bold legacy that Woodson created for us. We now have many different history months that celebrate all aspects of our nation’s heritage, not just a sanitized version. We have Women’s History Month; Jewish American History Month; Hispanic Heritage Month; LGBTQ+ Pride Month; and so much more. Because of the tireless work of Woodson, we can have a full picture of this country’s history. With a better understanding of our past, we can better navigate the future. Build on the legacy As we reflect on all of this work that brought us here, I want to ask: What is the work we are willing to do to build upon this legacy? What can we do to make the most of where we are now, every single day? Woodson was driven not by a desire for accolades or recognition. He wanted his people, and all people, to better connect with a rich history, rather than have that history erased. We are at a similar moment in time in our nation’s history where we risk losing the truth of how we got close to, and how we might strive to fulfill the promise of a more perfect union. How can we follow Woodson’s lead and do the work necessary to remember our past, and create a better future where all can thrive? Joe Scantlebury, JD, is CEO of Living Cities. View the full article

Fear of ‘trouble ahead’ because of low growth and sticky inflation outweighs relief brought by lower interest ratesView the full article

The Fast Company Impact Council is a private membership community of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual membership dues for access to peer learning and thought leadership opportunities, events and more. From a young age, feedback from authority figures shape our self-perception. Unfortunately, too many young people internalize the message that they should only pursue what comes easily to them. I know this firsthand. As a student, I was interested in STEM but found it challenging. After an educator told me to focus on what I was “good at,” I believed I could never succeed in science or technology—and I gave up. What happened to me isn’t unique. Too often, young people aren’t given the opportunity to fail safely, leading them to impose limits on their own potential. The consequences extend beyond the individual—industries suffer, too. Research shows that professionals with high confidence earn $8,000 more each year than their less self-confident peers, and 93% cite confidence as key to career success. Without a cultural shift that embraces safe failure—the opportunity to fail, learn, and try again—innovation will stagnate, and talent pipelines will weaken. As the leader of FIRST, a global robotics community dedicated to igniting young people’s passion for STEM, I’ve seen firsthand the impact that building confidence in kids as young as preschool age can have on students’ educational affinity and interpersonal skill development. The same principles we apply to students ages 4-18 are relevant for young adults entering the workforce. A thriving business environment depends on uplifting young talent and empowering them to navigate challenges. Celebrate failure, don’t fear it FIRST founder and prolific inventor Dean Kamen, who holds more than 1,000 patents, believes that yes—a project may fail—but never a person. He says, “A step backward is a failure, but what if, for every step backward, you take two steps ahead?” Learning from failure is a critical step in progress—something over 3.2 million FIRST participants and alumni understand well. Business leaders must foster environments where failure is not only accepted, but expected. Controlled, low-risk failures offer young workers invaluable learning experiences that allow them to iterate and improve. Teams should see failure not as a sign of incapability but as a tool for growth. If we expect young professionals to push through challenges, we must provide them with the safety net to do so. Use mentorship to model resiliency and offer guidance Mentorship is a powerful way to help young professionals build resilience. Whether they are learning a new skill or questioning whether they have what it takes to “go pro” in STEM, it is not at all uncommon at FIRST to see young people stepping outside of their comfort zones, seeking guidance, and needing reassurance. Our role as leaders is not just to teach but to help young people find their places of belonging, and mentorship is a key piece of that puzzle. Strong mentors—who have faced setbacks and persevered—offer support, model confidence, and help young people navigate obstacles. Mentorship doesn’t just benefit mentees; it strengthens the mentors’ leadership skills. Corporate leaders I’ve spoken with who invest in mentorship often report improved communication, problem-solving, and long-term employee commitment. Business leaders should consider structured mentorship programs, to cultivate a culture of support and professional development for their employees. Focus on flexibility and growth mindsets Career paths are rarely linear. Many young professionals pivot as they discover their passions and adapt to changing industries. Organizations that encourage continuous learning and skill development—not just technical expertise but also communication, teamwork, and adaptability—will retain talent and drive innovation. Looking back on my past experiences, I wish I had understood that I had a choice: I could either accept my teacher’s discouragement or cast her words aside and believe in my limitless potential. As business leaders, we must create spaces where young professionals are empowered to take risks, learn, and grow. Innovation requires risk taking and trial and error. And for innovation to flourish, we must give young professionals permission to jump, with the knowledge that they have a safety net beneath them. If we reframe failure as an opportunity, provide mentorship, and encourage resilience, we can ensure young professionals—and the businesses they power—reach their full potential. Chris Moore is CEO of FIRST. View the full article

Operations stepped up by Israel military in northern West Bank after public transport is targetedView the full article