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The world’s auto industry is getting a shake-up from Chinese automakers that are quickly expanding across the globe, offering relatively affordable electric vehicles designed to wow car buyers with sleek designs and the latest high-tech interiors. Companies like BYD, Great Wall, Geely, and Chery Automobile are reaching outward as they build the scale they need to survive cutthroat competition in their home market. These generally are not state-run giants like SAIC, BAIC, and Guangzhou Automotive. The founder of Geely started out making refrigerators. BYD first built up its expertise in battery technology, now its biggest advantage as the world’s largest-selling EV make…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Last month, in an address to investors, D.R. Horton CEO Paul Romanowski said the spring 2025 selling season is getting off to a slower-than-usual start for the nation’s largest homebuilder. “This year’s spring selling season started slower than expected as potential homebuyers have been more cautious due to continued affordability constraints and declining consumer confidence,” Romanowski said on the company’s earnings call. It isn’t just D.R. Horton. “Demand at the start of this spring’s selling season was more muted than what we have seen…

Over the weekend, crypto traders were likely anything but zen, as the price of OM—the native token to the Mantra blockchain—crashed more than 90%. On Sunday, OM prices fell from around $6.30 to less than $0.50 within a couple of hours, shaking up the crypto markets and likely leaving many people with crypto holdings wondering if they were witnessing another catastrophe like the FTX collapse. But that doesn’t appear to be the case so far. Here’s a rundown of the important facts to know, as we understand them on Monday morning. What happened with Mantra? As noted, OM values plummeted sharply on Sunday, April 14 by more than 90%. It was unclear what exactly wa…

When the email came from the Metropolitan Museum of Art, Jacques Agbobly at first didn’t quite believe it. The Brooklyn-based fashion designer had only been in the business for five years. Now, one of the world’s top museums was asking for two of his designs to be shown in “Superfine: Tailoring Black Style,” the exhibit launched by the starry Met Gala. “I was just floored with excitement,” Agbobly said in an interview. “I had to check to make sure it was from an official email. And then the excitement came, and I was like . . . am I allowed to say anything to anyone about it?” Agbobly grew up in Togo, watching seamstresses and tailors create beautiful garments…

Last month, a food research organization called Nectar released an expansive set of findings from taste tests that rated plant-based meat alternatives alongside actual meat. One bit of information stood out: In terms of taste, 54% of people on average found 20 vegan products (such as burgers, nuggets, and sausages) from 13 brands (including Beyond Meat, Impossible Foods, and Gardein) to taste as good as or better than analogous conventional meat products. This should probably be good news for those of us who are concerned about the environment, public health, and animal welfare. But the flipside of this discovery is that even though plant-based meat is starting to ta…

Summoning a robotaxi from your phone is not a futuristic fantasy since Waymo achieved full commercial deployment. View the full article

The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual dues for access to peer learning, thought leadership opportunities, events and more. The influence of millennials and Gen Z on B2B purchasing decisions is undeniable. As these generations continue moving into leadership roles, their approach to decision making, especially in B2B environments, is shaping how brands leverage various marketing and sales strategies.  While today’s B2B brands are aware of social media’s role in engaging these decision makers, many fail to fully …

The workplace AI narrative has been dominated by fears of human replacement. But forward-thinking leaders are discovering AI’s real power: helping employees become more human, not less. Shifting from workplaces of human doings to a collective of activated human beings. And while AI can absolutely help eliminate busywork, opening employees’ time for more impactful work and meaningful progress, its impact can go far beyond productivity. In fact, having studied power shifts in modern workplaces for many years, I think the companies that will thrive moving forward will focus more on using these tools to improve employee well-being. Smart leaders should approach AI i…

Klaus Schwab, founder of the World Economic Forum, whose annual gathering of business and political leaders in the Swiss mountain resort of Davos became a symbol of globalisation, has resigned as chair of its trustees. The Geneva-based WEF made the announcement on Monday after revealing earlier this month that the 87-year-old Schwab, who for decades has been the face of the Davos get-together, would be stepping down, without giving a firm timeline. “Following my recent announcement, and as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect,” Schwab said in a statement release…

When Cadillac designed its new ultraluxury EV, the handcrafted Celestiq, the design team had to completely rethink its battery pack: a standard EV battery wouldn’t fit inside. “We had a challenge, because due to the low roof height and the expressive proportions, there wasn’t room for a typical battery in this vehicle,” says Tony Nausieda, chief engineer of electrical propulsion systems at GM. “It would have been probably pretty straightforward to do something like an internal combustion powertrain, but that was not at all what anybody wanted to do. This was conceived to be an electric vehicle.” They couldn’t compromise on the low lines of the car. It also had…

Every day, people are constantly learning and forming new memories. When you pick up a new hobby, try a recipe a friend recommended, or read the latest world news, your brain stores many of these memories for years or decades. But how does your brain achieve this incredible feat? In our newly published research in the journal Science, we have identified some of the “rules” the brain uses to learn. Learning in the brain The human brain is made up of billions of nerve cells. These neurons conduct electrical pulses that carry information, much like how computers use binary code to carry data. These electrical pulses are communicated with other neurons thro…

“What?!” That single word is the most frequent reaction Aasiyah Abdulsalam gets when she tells people about her company, Renatural, which makes wigs with no lace. The surprise stems from the fact that most commercial wigs today are built with a lace base—a lightweight mesh cap that mimics the scalp but is really scratchy and only comes in a limited palette of colors. Instead of lace, Abdulsalam has designed a proprietary silicone band to anchor the wig without visible mesh. After launching the Wig Fix three years ago and selling 80,000 units in her first year, she decided to expand from simply supplying an accessory to reinventing the wig itself. Launching tod…

“I’ve had more caviar since starting work on the Celestiq than I have during the entirety of my career at General Motors,” Erin Crossley, Cadillac’s design director for color and trim, says before tucking into a ramekin at Gucci Osteria on Rodeo Drive. The uptick in caviar consumption is a leading indicator that Cadillac is going upscale. As design director for the Cadillac Celestiq, the American luxury brand’s new, bespoke electric vehicle, Crossley sits with customers from all over the world and mines more than 350,000 permutations to deliver their perfect personalization. The low-slung EV with a 303 mile range starts at $340,000, pushing the American automa…

“The gyoza needs to look a little whiter. It’s too pink.” Nigel Ng is genially micromanaging the look and feel of Fried, an animated series that will premiere on YouTube later this year. His feedback comes during an early planning session at Toonstar, the company producing the show, which is headquartered in a former furniture warehouse in downtown L.A.’s arts district. Ng has every right to be fussy about Fried’s world. The show represents the cartoon debut of Uncle Roger, the volatile middle-aged Chinese guy he has portrayed in live-action YouTube videos since 2020. They famously depict the character growing agitated as he watches western chefs—such as Gordon Ramsay, …

Jason Momoa is a tough act to follow. Especially if you’re a Guinness marketer. Last year, the brand partnered with Momoa to direct and star in a U.S. spot for his favorite beer that ended up getting 13 billion impressions. So this year, Guinness decided to celebrate an even more valuable partner—its actual customers and fans. For the newest iteration of the long-running “Lovely Day for a Guinness” tagline—first rolled out in a 1935 ad campaign—the brand collected stories from customers across all 50 states. Among the stories is the Treme Brass Brand in New Orleans, who share pints of Guinness before taking the stage. The Chicago Plumbers Union are in ther…

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…