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Despite being under a year old and having no revenue, Fermi America had a very successful initial public offering (IPO) this week. The company, which aims to provide data and power centers for artificial intelligence, saw its shares (Nasdaq: FRMI) close at $32.53 on their first day of trading Wednesday, up nearly 55% from their IPO price of $21 per share. Fermi’s stock price continued to rise through after-hours and into premarket trading on Thursday, reaching $36. It reached a high of $39 per share overnight, before dropping closer to $37 ahead of the market opening. What is Fermi? The company was cofounded by Rick Perry, former Texas governor, a GOP pr…

It’s not just Hollywood that’s been grappling with how to deal with AI-generated characters. Wikipedia editors are figuring all this out as they go along, too. Following reports this week that an AI “actress” named Tilly Norwood is attracting interest from talent agents and rattling real-life performers who make their living in movies and on TV, Wikipedia editors moved quickly to create a page for the character—and almost immediately began arguing over how to describe it. Is it a synthetic actress? Is it even a she? Can Tilly Norwood, despite having 45,000 followers on Instagram, be accurately described as doing anything? These are the types of questions tha…

The government shutdown that began Wednesday will deprive policymakers and investors of economic data vital to their decision-making at a time of unusual uncertainty about the direction of the U.S. economy. The absence will be felt almost immediately, as the government’s monthly jobs report scheduled for release Friday will likely be delayed. A weekly report on the number of Americans seeking unemployment benefits — a proxy for layoffs that is typically published on Thursdays — will also be postponed. If the shutdown is short-lived, it won’t be very disruptive. But if the release of economic data is delayed for several weeks or longer, it could pose challenges, particul…

It’s the dream: You finish a huge project that wins widespread acclaim—from your boss, your peers, your clients, your friends and family. You’re flying high. The world should be your oyster. And yet? You can’t find the inspiration to follow up. Your productivity dries up. You’re afraid lightning won’t strike twice. You fear being a one-hit wonder. Maybe not in the obsolete pop star sense—but in the professional, creative, successful sense. It’s a horrible, limiting feeling that kills your productivity, not to mention confidence. But according to research from the Rotterdam School of Management in the Netherlands, there’s a cause for the feelings of inadequac…

Think about the last piece of health advice you actually followed. Chances are, it wasn’t from a medical journal or even a doctor’s office. Most likely it was from a colleague, a neighbor, or a trusted friend—the kind of advice that feels personal and authentic. As humans, we’re wired to trust people we know or feel like we know. That’s why two-thirds of Americans now seek health information on Instagram, YouTube, Facebook, and other social platforms, where it’s easy to connect with others who have relatable voices or similar stories. The default ways we explored our symptoms in the past, i.e., by seeing a doctor or referencing a handful of known credible sour…

It’s the end of the workday. You’re ready to bounce. But you feel compelled to check in with your boss. For many workers, it feels like the appropriate thing to do. But as one viral TikTok makes clear, those norms may be changing. The skit—which has more than 20 million views—asks whether it’s okay to leave at 5: An employee walks into the boss’s office. “I’m heading out,” she informs him. “Wow—5 p.m. right on the dot. I just love your work-life balance,” he responds sarcastically. “The workday ends at 5,” she, very fairly, points out. The post then opens up the debate to the comments section: Do you leave at 5 o’clock on the dot? Do you finish up what…

David Droga was the face of Accenture Song even before it was called Accenture Song. The ad legend sold his agency Droga5 to Accenture’s creative advertising and marketing division then-called Accenture Interactive in 2019. He became CEO of that division in 2021, and rebranded Interactive as Accenture Song in 2022. So when he stepped down in May, the $20 billion company was not only losing its CEO, it was also losing the voice of the agency. Named to lead the new era was Ndidi Oteh, who comes from leading Song’s operations in the Americas, and has been at Accenture for about 14 years, where in her previous role she was the global account lead for Nike, and retail in…

It looks like it could be sitting on the campus of any number of major universities across the country, but this sleek, glass-lined educational building is far from the conventional teaching space: It’s a new training facility for the Ironworkers Local 63 union in Chicago. The training facility is being used to give young ironworkers hands-on experience welding, climbing, and installing the essential elements that underlie buildings around the world. As anxiety snowballs over just which professions will survive the emergence of artificial intelligence, physical trades like ironwork are seeming more and more AI proof—the building itself a counterargument to the percept…

Whatever happens next at Starbucks will be studied for decades to come. The world’s largest coffee chain has faced six quarters of declining same-store sales. But for the last year, its new chairman and CEO, Brian Niccol—the surest bet in the restaurant industry—has been architecting a turnaround. Hot off turnarounds at Yum Brands with Pizza Hut and Taco Bell, which he followed up by modernizing burrito building at Chipotle, Niccol has proven himself to be both a master marketer and operations expert. Which is why, when he announced that his strategy for Starbucks was to revive the third place, even some of Niccol’s fans were skeptical he could pull it off. E…

Soon after Zohran Mamdani secured the Democratic nomination for New York City mayor, Amanda Litman posted a video selfie on TikTok. “The dinosaurs of the past, the boomers, the hostile managers, the assholes—they are behind us,” she preached to the camera. If viewers felt inspired to “run to take on the status quo,” they should head to her organization’s website and register. Though Mamdani is not affiliated with Litman’s eight-year-old nonprofit, Run for Something, his generational fight aligns with its purpose: to encourage young and underrepresented people to run for political office, including “hyperlocal” positions like city council and school boards. Litman …

When Allison Whalen returned from parental leave years ago, she found her corner of the business in shambles. Her direct reports were frustrated, her projects had stalled, and she felt the weight of disruption on both sides. Curious whether her experience was unique, she asked around. The response was striking: The number-one reason employees left their companies after parental leave wasn’t lack of policy—it was career derailment caused by how leave was managed. That “aha” moment led her to found Parentaly, a company that helps thousands of employees and managers navigate parental leave through pre-leave planning, return-to-work support, and manager training. With cli…

Figma burst into the public eye in 2022 after Adobe was blocked from buying the design startup for $20 billion. This chapter set the stage for an even bigger milestone at Figma: a splashy IPO this summer at nearly double that valuation. Cofounder and CEO Dylan Field shares what distinguishes Figma from competitors, and why design is increasingly at the center of every industry in today’s software-driven economy. This is an abridged transcript of an interview from Rapid Response, hosted by Robert Safian, former editor-in-chief of Fast Company. From the team behind the Masters of Scale podcast, Rapid Response features candid conversations with today’s top business lead…

Mita Mallick shares five key insights from her new book, The Devil Emails at Midnight: What Good Leaders Can Learn From Bad Bosses. Mallick is a corporate changemaker who, with an extensive career as a marketing and human resources executive, has advised Fortune 500 companies and startups alike. She is a LinkedIn Top Voice and was named to the 2025 Thinkers50 Radar list. She is a contributor to Harvard Business Review, Fast Company, Adweek, and Entrepreneur. What’s the big idea? The silver lining that comes from working for several bad bosses? You can learn what not to do as a leader. From every bad boss comes a valuable lesson about how to manage teams and con…

Heartwood Preserve doesn’t look like typical stormwater infrastructure. Instead of a primarily utilitarian design, this project in Omaha doubles as public art. Meyer Studio Land Architects created a series of 14 sculptural water retention basins across 500 acres of land that sit in a watershed at risk of flooding. The project is meant to be enjoyed by the public and even has features that educate about climate change. Heartwood Preserve is a winner of Fast Company’s 2025 Innovation by Design Awards. View the full article

A CEO’s canoodling with his company’s human resources chief—caught on the “kiss cam” at a Coldplay concert—made global headlines this summer. Beyond the memes and tabloid fodder, personal lives were shattered and a company was left in turmoil after its leader’s sudden exit. The case, involving the AI firm Astronomer, may be the most visible of recent CEO personal scandals—think sex affairs, drug abuse, or embarrassing behavior—but it’s not an isolated incident. Just weeks following the Coldplay “kiss cam” incident, the CEO of Nestlé was shown the door for similar behavior involving a relationship with a subordinate. Personal scandals have been the top cause of CEO ter…

Whenever there’s economic uncertainty, it’s easy to worry that your position is at risk. But what if the worst has happened: Your company has done a big layoff—and you and your team weren’t on the list? Of course, you and your direct reports may both fear that more cuts are on the horizon. And yet, there’s work to be done. How do you support your team, keep them productive and also find the opportunities in the middle of such a big disruption, especially when you may face the need to ‘do more with less’? We work with executive clients—Alisa Cohn as an executive coach and Dorie Clark as a keynote speaker and consultant—and have seen this increasingly as layoffs st…

Your company rolls out an AI agent to assign tasks, draft updates, and nudge overdue approvals. But within days, it’s flagging completed work, tagging the wrong people, and creating confusion instead of clarity. It’s a familiar outcome for companies that adopt agentic AI without the workflows, data, or systems to support it. New research from Wrike reinforces that disconnect: 74% of employees say their company treats data like gold, yet most don’t manage it well enough for AI to use it effectively. Even the smartest, most context-aware tools stall without strong foundations. And automation doesn’t fix broken operations—it magnifies them. To get agentic AI ri…

You might have noticed some of your coworkers are overly excited this week and counting down the minutes until midnight on October 3. No, these are not diehard cinephiles devoted to the 2004 film Mean Girls (which features a joke about the date). Instead, they’re Taylor Swift fans. The Life of a Showgirl, Swift’s twelfth studio album, is set to be released late Friday night. (So if the Swifties in the office seem overwhelmed, grant them grace, because this is a big week.) Here’s everything you need to know about the album—in case you’re cornered by the coffee maker by someone with a friendship bracelet (the unofficial signifier of a Swift super fan). When and …

Rumor has it that soda fountains at a handful of gas stations and convenience stores across the Midwest are serving a thicker, more syrupy variant — with extra sweetness. Aptly dubbed “heavy soda”, the drink option can be traced back to a singular post on the subreddit r/Soda, and a few TikTok videos. “You know when the gas station fountains have this option you’re in gods country,” creator Kate Boyer wrote in the caption of a post earlier this year. The video has since gained almost seven million view. The drink has recently been picked up by a number of news organizations. Not to be confused with the recent dirty soda or protein soda trends, heavy soda is all …

Tesla has raised lease prices for all its vehicles in the U.S. after a $7,500 federal tax credit that helped boost electric vehicle sales expired, according to the company’s website on Wednesday. The change follows the end of tax incentives under sweeping legislation passed by Congress, which eliminated the $7,500 credit for new EV leases and purchases, as well as a $4,000 credit for used EVs, effective September 30. Tesla and its rivals had been passing these credits on to customers through competitive lease offers. The monthly lease of the electric vehicle manufacturer’s best-selling Model Y increased to a range between $529 and $599, from a range of $479 to…

Scientist and global activist Jane Goodall, who turned her childhood love of primates into a lifelong quest for protecting the environment, has died at the age of 91, the institute she founded said on Wednesday. Goodall died of natural causes while in California on a speaking tour, the Jane Goodall Institute said in a social media post. “Dr. Goodall’s discoveries as an ethologist revolutionized science, and she was a tireless advocate for the protection and restoration of our natural world,” it said on Instagram. The primatologist-turned-conservationist spun her love of wildlife into a lifelong campaign that took her from a seaside English village to Africa an…