What's on Your Mind?

The first major retail bankruptcy of 2026 has arrived. Today, Saks Global Enterprises, owner of Saks Fifth Avenue and other luxury retail brands, has filed to seek Chapter 11 bankruptcy protection. The news shows that not even companies aimed at high-end consumers are immune to economic downturns. Here’s what you need to know. What’s happened? On Wednesday, January 14, Saks Global announced that it is seeking Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas. At the same time, the luxury retail brand announced that it has also secured $1.75 billion in financing commitments. Much of this money will be used by Saks Global …

As the dust settles on a botched logo redesign that turned it into a political and cultural flashpoint this summer, Cracker Barrel Old Country Store is no doubt looking to put 2025 behind it. In the meantime, the restaurant company has also trimmed its physical footprint as it looks to 2026. Reporting its fourth-quarter financial results earlier this month, Cracker Barrel revealed the planned closure of 14 Maple Street Biscuit Company locations. That amounts to roughly 21% of its company-owned stores for the fast-casual brand, which Cracker Barrel acquired in 2019 for $36 million. The company is projecting revenue for fiscal 2026 of $3.35 billion to $3.45 bi…

Haliey Welch, better known as the “Hawk Tuah Girl,” is ready for a rebrand. After being thrust into the spotlight in 2024, thanks to her now-iconic “hawk tuah” catchphrase—featured in a video interview uploaded by the Tim & Dee TV YouTube channel—Welch experienced a crash course in the highs and lows of viral fame. In early December, she announced the launch of her own cryptocurrency meme coin, $HAWK. The coin quickly tanked, leaving fans upset and prompting an investigation by the U.S. Securities and Exchange Commission (SEC). “Anyhoo, I’m gonna go bed,” Welch said as she ended a livestream on X on December 4. She wasn’t heard from again until three month…

Bulgaria is a step closer toward becoming the 21st country to adopt the euro and join the euro zone. On June 3, the European Commission announced that the Balkan nation now fulfills the four nominal convergence criteria requirements to adopt the single currency and enter the euro zone, and it may transition as soon as January 1, 2026. “The euro is a tangible symbol of European strength and unity,” European Commission President Ursula von der Leyen said in a statement. “Bulgaria’s economy will become stronger, with more trade with euro area partners, foreign direct investment, access to finance, quality jobs and real incomes. Bulgaria will take its rightful place i…

For decades, design followed a singular truth. Whether it was the insistence that “form follows function” or the later pivot toward “form follows emotion,” the industry tended to adhere to a simple formula for design thinking: Find your North Star and follow. But that formula does not fit today’s reality. “Form follows X” is no longer a clean equation, because X isn’t a single variable. It’s a constellation that refuses to be reduced to one guiding idea. Modern design across brands, products, and experiences must use a multidimensional approach, speaking to function, feeling, context, narrative, culture, and experience, all at once. HUMAN EXPERIENCE DESIGN …

The U.S. Food and Drug Administration blocked imports of spices this week from an Indonesian company amid widespread worries of radioactive contamination. The agency said it found cesium 137 in spices—specifically cloves—from Indonesian company PT Natural Java Spice that were shipped to California. The discovery marks the second food product imported from Indonesia found to have radioactive contamination, as recalls of potentially tainted imported shrimp expanded. “Products from PT. Bahari Makmur Sejati and from PT Natural Java Spice will not be permitted to enter the U.S. market until these firms provide the FDA with information to adequately demonstrate that th…

Meta CEO Mark Zuckerberg has long encouraged people to use their phones, whether through the forsaken Poke on Facebook or uploading Reels on Instagram. But the company’s newest idea for how and when to take out your phone might be too big an ask for some cinema lovers: Meta wants people to use their phones in movie theaters, specifically for its chatbot Movie Mate. The chatbot, which Meta has reportedly claimed will “get audiences back in theaters,” works by sending moviegoers trivia, quips, and questions about the movie, according to the New York Times. The catch? All of this happens while the film plays in front of them. Fast Company has reached out to Meta fo…

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. At the Exceptional Women Alliance, we enable high-level women to mentor each other to achieve personal and professional happiness through sisterhood. As the nonprofit organization’s founder, chair, and CEO, I am honored to interview and share insights from thought leaders who are part of our peer-to-peer mentoring program. This month, I’m pleased to introduce Roslyn Schneider, MD, a physici…

In today’s fast-paced business environment, effective problem-solving isn’t just about finding quick fixes—it’s about developing a systematic approach that leads to innovative and sustainable solutions. While many leaders get caught up in complex frameworks and lengthy processes, I’ve found that the following three simple yet powerful questions will revolutionize how you and your team tackle challenges. These questions—”What if?”, “So what?”, and “Now what?”—form a natural progression that guide you from creative ideation to practical execution. Let’s explore how each question serves as a crucial waypoint in your problem-solving journey. Start with “What if?” I…

eOlipop’s surging popularity has taken the $60 billion soda industry by storm. As Gen Z and millennials ditch sugary sodas, Olipop is leading the pre-biotic beverage trend, sparking the likes of Coca Cola and PepsiCo to enter the fray. Olipop co-founder, CEO and formulator, Ben Goodwin, shares how the brand is navigating the turbulence of rapid growth amid rising competition, and whether healthy soda is actually healthy or just a TikTok-fueled fad. 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 conversatio…

Where success is concerned—in whatever way you choose to define success—effort matters. So does skill. Experience. Perseverance. A willingness to do what others will not. And a little bit of luck: A study published in Physics and Society found that while some degree of talent is necessary to be successful in life, “almost never do the most talented people reach the highest peaks of success, being overtaken by mediocre but sensibly luckier individuals.” Outworking, outthinking, and outlasting other people will definitely improve your odds of success, but still: You need a little luck. Fortunately, all luck isn’t necessarily random. According to neurologist Jame…

As AI data centers spring up across the country, their energy demand and resulting greenhouse gas emissions are raising concerns. With servers and energy-intensive cooling systems constantly running, these buildings can use anywhere from a few megawatts of power for a small data center to more than 100 megawatts for a hyperscale data center. To put that in perspective, the average large natural gas power plant built in the U.S. generates less than 1,000 megawatts. When the power for these data centers comes from fossil fuels, they can become major sources of climate-warming emissions in the atmosphere—unless the power plants capture their greenhouse gases first and th…

Artificial intelligence is fundamentally reshaping countless industries; education is no exception. As AI tools rapidly enter classrooms, there are concerns about fair access, effective implementation, and the risk of widening the still persistent digital divide. Who are the players best positioned to guide this transition in a way that truly benefits every student? I recently spoke with Alix Guerrier, CEO of DonorsChoose, an education nonprofit where teachers submit funding requests based on classroom needs. Ninety percent of public schools in America have teachers using DonorsChoose, which tackles funding gaps by focusing on the most granular level: individual teach…

Remote work is going mobile. Starting today, the Florida-based high-speed rail service Brightline is launching a partnership with the shared workspace provider Industrious to turn parts of its stations—and even entire train cars—into coworking spaces. Industrious coworking spaces are now open in Brightline’s stations in Miami, Fort Lauderdale, West Palm Beach, and Orlando, as well as a bookable train car for business meetings or private events on the move. “If people can work from anywhere, then anywhere can be a workplace,” says Jamie Hodari, cofounder and CEO of Industrious. “I think that’s something that’s been underdeveloped.” Brightline sees the addit…

Many leaders are struggling right now with how to lead their teams to be productive with so much financial and regulatory uncertainty. Few would blame them. After three years of pouring their hearts and souls into developing vehicle safety technology, Jacob’s team suddenly found itself wondering if it was all for nothing. Grants they had already received suddenly had new requirements that were challenging to meet, budgets they’d allocated were frozen by their parent organization fearing a coming recession, and costs for parts were rising so rapidly that profits on existing deals were evaporating. In short, everyone on Jacob’s team had reason to worry each time one of…

The greatest financial danger in retirement isn’t always the stock market. It’s the constant, nagging fear of running out of money. This anxiety causes many people to underspend and worry, even when their finances are sound. Here are eight ways to replace that worry with lasting security. Determine your spending baseline Worry often starts with the vague question, “Am I spending too much?” Instead of operating on gut feeling, work with an advisor to determine your personal sustainable withdrawal rate (often between 3% and 5%). Once you know your lifestyle is covered by a responsible withdrawal rate, you can stop guessing and start living confidently. Make adjus…

As cases of a new, highly contagious “super flu’” surge across the nation this holiday season, more and more Americans are looking for ways to treat the symptoms, which include everything from fever and chills, to headaches and vomiting. A variant of influenza A H3N2, called subclade K, which is being blamed for an early and severe flu season in the United Kingdom, has hit residents in New York, Rhode Island, Colorado and Louisiana the hardest, according to the Centers for Disease Control and Prevention (CDC). While flu vaccines usually have an efficacy rate of 40% to 60% an early report from the U.K. estimates this “super flu” strain has an efficacy rate of 32% …

Like other famous structures of similar dimensions, the 48-story Transamerica Pyramid, a revolutionary ‘70s modernist skyscraper and San Francisco icon, has a bit of history buried beneath its ground floor. Unsplash A recently unearthed time capsule, buried in 1974 and discovered during a recent round of renovations, offers a picture of San Francisco’s past. The site of the structure—then a parking lot—was initially part of the original shoreline of the city that reeked of historical significance, from the city’s growth as a shipping and banking capital. The capsule even contains a recipe for Pisco Punch, a cocktail that was invented at the nearby Bank Exchange Sal…