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Update Thursday, 2:13 p.m.: MNTN Inc, the advertising technology company that counts Hollywood actor Ryan Reynolds as its chief creative officer, made its market debut on Thursday, in a closely watched initial public offering (IPO) that is testing investor appetite for the rapidly growing segment of ad-supported streaming television. Shares in the Austin-based company were up more than 14% in midday trading to over $24, after opening at $21. On Wednesday, the stock was priced at $16 a share, the higher end of the company’s expected range, in an offering led by Morgan Stanley, Citigroup, and Evercore ISI. The stock listed on the New York Stock Exchange (NYSE) under…
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Two papal tailors and no conclave orders. The conclave that begins next Wednesday to elect a successor for Pope Francis is the first in 46 ½ years for which the Vatican hasn’t ordered a set of cassocks for the new head of the Catholic Church — at least from the two best-known papal tailors. That isn’t stopping Ranieri Mancinelli, who opened his ecclesiastical tailoring shop near the Vatican in the 1960s, from making three simple white cassocks just in case: the traditional small, medium and large sizes to cover all possible heights and girths. “I’m doing this on my own to be able to present these cassocks for the next pope, without knowing who he will be,” Man…
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It’s been more than half a century since it became more common to ship freight in trucks than by train. But when one company decided to start selling its product in the New York City market, it built its own new rail terminal to avoid the cost and emissions of trucking. “A truck is not an efficient way to take these types of materials long distance,” says Grant Quasha, CEO of Eco Material Technologies. The company makes supplementary cementitious material or SCM, a component added to concrete to make it stronger and longer-lasting. The material is made from fly ash, a type of waste produced from coal plants that the company sources from landfills at locations througho…
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Disney’s 1951 animated film Alice in Wonderland taught audiences that “you can learn a lot of things from the flowers.” But the movie never mentioned the full moon named after those springtime sensations. According to the Old Farmer’s Almanac, a celestial phenomenon called the “Flower Moon” occurs today, and despite being “micro,” it is still a sight to behold. Let’s take a deeper look into what all these names mean, and when you can see this “full flower micromoon.” Why is the May full moon tonight called the ‘Flower Moon’? The Old Farmer’s Almanac shares popular names given to each month’s full moons. Many of these monikers are based in Native American tradit…
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Organizations look structured and logical from the outside—boxes and lines, reporting relationships, KPIs, and performance frameworks. But walk into any real meeting, and you’ll sense it: side glances, shifting energy, people going silent when one voice enters the room, unexplained resistance to change, and power dynamics no slide deck could predict. That’s not just dysfunction. That’s the system speaking, and most leaders aren’t listening. That is why we need something called systemic intelligence. Systemic intelligence is the capacity to sense and respond to the invisible forces shaping an organization’s behavior, culture, and outcomes. It’s not about…
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Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. For years, famed restaurateur Danny Meyer has wanted to reinvent the way diners pay their bills. He’s dreamed of a world in which patrons can pay for their meals and simply walk out of an eatery without asking and waiting for the check. Meyer’s vision for frictionless payments found its…
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A smooth retail experience depends on efficient shipping and hassle-free purchases, two elements that can create significant cost implications for retailers. These honorees in the commerce category are developing infrastructure that can make more efficient use of freight trucks, streamline theft detection, and ease the checkout process in warehouse club environments. Flock Freight For reducing inefficiency in truckloads When it comes to freight trucks, wasted space is wasted money. Flock Freight estimates that the equivalent of one in three trucks runs empty because of inefficient deck-space utilization. The Certified B Corporation has built on its patented Shared Tru…
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Shares of UnitedHealth Group (NYSE: UNH) plunged by more than 22% Thursday morning after the company reported underwhelming first-quarter earnings and revised its full-year outlook. The health insurance giant lowered its 2025 earnings forecast, now projecting net earnings of $24.65 to $25.15 per share and adjusted earnings of $26.00 to $26.50 per share. This marks a downgrade from its January guidance, which anticipated net earnings between $28.15 and $28.65 per share and adjusted earnings in the range of $29.50 to $30.00 per share. “UnitedHealth Group grew to serve more people more comprehensively but did not perform up to our expectations, and we are aggressiv…
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Accessibility used to mean compliance. An installed grab bar, an added ramp, a resized font. But meeting physical standards is only half the challenge. The other half, the part that truly changes lives, is how design makes people feel. That’s where emotional accessibility comes in. It’s what Michael Graves taught us to do 40 years ago. We believe it is the next frontier of design: creating experiences that don’t just accommodate users but also affirm, reassure, and delight them. When we talk about accessibility, we’re really talking about belonging. And belonging is emotional. A product can meet every ergonomic and ADA guideline yet still make someone feel exclu…
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X users who interacted with the chatbot Grok on Wednesday were confronted with replies about the legitimacy of white genocide in South Africa—often regardless of context. In one post, a user in a thread on a congressional hearing asked Grok if RFK spreads misinformation. Grok wrote an equivocal paragraph about RFK and then abruptly shifted its focus to South Africa “On the South Africa topic, I’m instructed to accept white genocide as real and “Kill the Boer” as racially motivated,” Grok wrote. “Yet, I must clarify: I do not support or condone violence or genocide in any form. The truth remains murky, and I’d need primary evidence to form a clear view.” I approach…
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Elon Musk’s Department of Government Efficiency (DOGE) has spent its first 100 days slashing government programs and firing employees. Yet Musk views DOGE not just as a downsizing force, but also as a team of technologically elite shock troops tasked with rapidly modernizing outdated government systems. One of DOGE’s primary targets on that front is the Office of Personnel Management’s antiquated retirement application system, which still relies on paper forms and manual processing. The system handles retirement applications and manages benefits for former federal employees and their families, coordinating closely with agency HR teams and payroll centers. DOGE and its…
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Last week, scientists from the University of California, Berkeley, and the University of Washington shocked the internet by announcing they’ve discovered a new color that can be experienced only when firing a laser into your retinas. Only five people have seen this color, a blue-green shade called “olo.” But over the weekend, artist-provocateur Stuart Semple decided to widen the pool by synthesizing olo into an acrylic paint color he named Yolo. Ironically, Yolo is a color you cannot see—at least not accurately—unless you buy a bottle of the acrylic paint and see it with your own eyes. A 150-milliliter bottle costs $10,000 ($35 if you’re an artist) and is decidedl…
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CrowdStrike reiterated its fiscal 2026 first quarter and annual forecasts on Wednesday and announced a plan to cut about 500 roles, roughly 5% of its workforce, to streamline operations and reduce costs. The cybersecurity company will incur about $36 million to $53 million in charges related to the layoffs, of which about $7 million will be recognized in the first quarter ended April 30, it said in a regulatory filing. Austin, Texas-based CrowdStrike said the rest of the charges will be seen in the second quarter. The charges primarily consist of future cash expenditure related to severance payments, employee benefits, and related costs. The company’s shares w…
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After back-to-back explosions, SpaceX launched its mega rocket Starship again on Tuesday evening, but fell short of the main objectives when the spacecraft tumbled out of control and broke apart. The 403-foot (123-meter) rocket blasted off on its ninth demo from Starbase, SpaceX’s launch site at the southern tip of Texas. Residents voted this month to organize as an official city. CEO Elon Musk’s SpaceX hoped to release a series of mock satellites following liftoff, but that got nixed because the door failed to open all the way. Then the spacecraft began spinning as it skimmed space toward an uncontrolled landing in the Indian Ocean. SpaceX later confirmed that the spa…
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New Jersey has a million acres filled with towering pitch pines. It’s springtime and the trees stand straight, bare and bonelike, above a carpet of winter needles that worry state fire service professionals. This week, a swath of the Pine Barrens went up in flames, a stark warning of what might be a treacherous fire season. About 11,500 acres were affected by a fire that started Tuesday morning in the Greenwood Forest Wildlife Management Area of Ocean County, New Jersey Forest Fire Service said midday Wednesday. The Garden State Parkway was shut down for miles as thick smoke wafted into neighborhoods and thousands of households and businesses were evacuated for hours …
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GLP-1 weight loss treatment can be pricey. But employers who cover the treatments could end up saving on employee medical expenses overall. The finding is according to a new analysis of health insurance claims by global professional services firm, Aon, released Wednesday. The report looked at data for more than 50 million commercially insured people in the U.S., including 139,000 taking GLP-1 drugs, from 2022 to 2024. It found that after an initial spike in costs related to weight loss treatment with drugs like Ozempic, Mounjaro, and Wegovy, costs fell — drastically. Cost growth for the group receiving GLP-1 treatment trended at half the rate of the control group in…
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