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America is at a generational tipping point. The next five years will usher in a whole new class of leaders as powerful positions shift from one generation to the next. Leadership roles are transitioning away from baby boomers, whether they like it or not. Millennials and Gen Z are poised to rise in the ranks, however much of the business canon and available literature offers advice from an irrelevant world—a world before hybrid offices, social media, and kiss cams at Coldplay concerts. Leaders are navigating digital and IRL (in real life) challenges where the older generations’ leadership styles are incongruous with the current moment’s needs. So how does one navi…

In part two of How YouTube Ate TV, Fast Company’s oral history of YouTube, we look at how the company’s rapid ascent after its 2005 founding led to multiple challenges, from bandwidth costs to unhappy copyright holders. This prompted the startup to consider selling itself, and on October 9, 2006, Google announced that it would be buying it, for $1.65 billion. That deal came with the promise that the web giant would help YouTube scale up even further without micromanaging it. Eventually, the balance they struck between integration and independence paid off. But when YouTube was still a tiny, plucky startup, nobody was looking that far ahead. Read more How YouTube A…

Kroger is celebrating National Chocolate Milk Day—which, by the way, is a real holiday that falls on September 27—in the best way. The supermarket chain is giving away free chocolate milk to loyal customers—or, at least, to customers who log on and grab the coupon in time. The Kroger Co., which serves more than 11 million customers daily through its e-commerce and retail food stores, is offering free half-gallons of Kroger’s chocolate milk over two days this month. “Chocolate milk may be the original after-school treat, but Kroger-brand chocolate milk has grown into so much more—it’s a top-rated favorite among customers of all ages,” said Ann Reed, group vice presiden…

The Barclays Center is taking its dressing rooms for touring artists to the next level, and they looked to local inspiration to decorate them. The Brooklyn venue, which hosts concerts and is home to the NBA’s Brooklyn Nets and WNBA’s New York Liberty, has upgraded six dressing rooms that now resemble Brooklyn brownstone apartments, complete with moody tones, soft-glow lighting, and high-end fixtures and finishes. The makeover is part of Barclays Center parent company BSE Global’s $100 million, five-year upgrade of the venue that’s still set to include improvements like a new fan zone and a new premium membership club. Laurie Jacoby, BSE Global’s chief entertai…

Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. I’m Mark Sullivan, a senior writer at Fast Company, covering emerging tech, AI, and tech policy. This week, I’m focusing on the terms of Nvidia’s investment in OpenAI, in which the GPU maker gets guaranteed chip sales, an equity stake, and likely a product road map for years to come. I also look at the industry’s fixation on huge models and the quiet appeal of small ones. Sign up to receive this newsletter every week via email here. And if you have comments on this issue and/or ideas for future ones, drop me a line at sullivan@fastcompany.com, and f…

An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of second-quarter growth. U.S. gross domestic product — the nation’s output of goods and services — rebounded in the spring from a 0.6% first-quarter drop caused by fallout from President Donald The President’s trade wars, the Commerce Department said Thursday. The department had previously estimated second-quarter growth at 3.3%, and forecasters had expected a repeat of that figure. The first-quarter GDP drop, the first retreat of the U.S. economy in three years, was mainly caused by a s…

It’s that time of year. Fall is around the corner, but it still feels like summer on some days. In an age of global warming, this transitional season is likely to stretch out longer than it did before. Designers are aware they need to create jackets and coats appropriate for this in-between season. The market is now full of good options beyond the outdoorsy puffer or fleece that will keep you at the right temperature. Many are designed to be good for both work and life, allowing you to look put-together for the office, but also relaxed enough for weekends. We’ve scoured the market for five coats that offer an additional layer, along with some style and polish, th…