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Inspired by the ongoing auction of Bob Ross paintings to raise money for public television, Last Week Tonight With John Oliver is putting some of its own TV artifacts up for auction for a good cause. Host John Oliver dedicated the close of Sunday’s season finale to local public television, which is facing an unprecedented crisis. Federal budget cuts could by next year close as many as 115 public television and radio stations in the U.S. serving 43 million Americans, according to the Public Media Bridge Fund, a philanthropic initiative. “These stations can fill a vital community role,” Oliver said during Sunday’s show. johnoliversjunk.com Bob Ross Inc. said …
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Actor John Stamos is thinking a lot more about potential opportunities to live-stream these days—be it at New York’s Thanksgiving Day parade, performing with the Beach Boys when he heads to Route 66 for the 100-year anniversary later this year, or even while getting his first-ever tattoo in Austin for SXSW. “I thought, ‘Oh, we should have live-streamed that,” said Stamos, speaking at the Fast Company Grill at SXSW. “That could have been interesting watching me go through that kind of pain.” As chief innovation officer of Zeam, a startup that lets people stream local TV stations and other content from anywhere, Stamos is excited to bring people an alternative to w…
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Before he became a world-famous electronic music DJ and music producer, John Summit was just John Schuster — a CPA working at accounting firm Ernst and Young and making music on the side. After his single “Deep End” was released in 2020 and grew wildly popular, so did John Summit. He’s gone on to tour all over the world, and will be headlining at Ultra Miami this weekend – one of the biggest stages in the electronic music festival scene. Summit spoke to Fast Company about his journey, his events brand “Experts Only,” and what’s next in his musical endeavors. View the full article
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John Ternus, Apple’s senior vice president of hardware engineering, has been named the new CEO of Apple, the company announced. In a letter posted on the company’s website, current CEO Tim Cook wrote that he will leave his role in September and become executive chairman. He described Ternus as “a brilliant engineer and thinker who has spent the past 25 years building the Apple products our users love so much, obsessed with every detail, focused on every possible way we can make something better, bolder, more beautiful, and more meaningful. He is the perfect person for the job.” Ternus has been at Apple for 24 years, and led the hardware engineering division since 201…
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Johnson & Johnson on Tuesday raised its 2025 sales forecast after reporting quarterly earnings that topped Wall Street expectations, and announced plans to spin off its orthopedics business into a standalone company. The healthcare conglomerate now expects product revenue of $93.5 billion to $93.9 billion, about $300 million higher than its prior forecast and above analysts’ expectations of $93.4 billion, according to LSEG data. Alongside the upbeat forecast, J&J said it plans to separate its orthopedics business into a standalone company named DePuy Synthes within the next 18 to 24 months, marking its second major spinoff since 2023. J&J’s orthope…
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Before Wicked opened on Broadway in October 2003, the musical’s production team took the show to the Curran Theatre in San Francisco for what’s called an “out of town tryout.” The five-week run allowed the producers, writers, and director to work out the kinks ahead of the show’s Broadway debut. During the San Francisco run, University of Southern California film student Jon M. Chu happened to be home for the weekend visiting his parents, who owned a Chinese restaurant called Chef Chu’s in Los Altos, California, just outside Silicon Valley. Chu was the youngest of five children growing up in a family that spent their free time playing instruments or going to the balle…
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As the founder of World Central Kitchen, renowned chef and humanitarian José Andrés has truly mastered the art of leading through crisis. Andrés shares insights from his new book, Change the Recipe—a candid collection of personal stories that doubles as a playbook for navigating uncertainty, breaking rules, and leading with heart. José also explores how AI is poised to reshape the food industry and more. 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 conversations with today’s top business leaders navi…
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JPMorgan Chase unveiled its new 60-story headquarters to the public on Monday, one of the first major office buildings to be constructed after the COVID-19 pandemic and one that will remake the New York City skyline for decades. The bronze and steel tower at 270 Park, which reportedly cost $3 billion, replaced the Union Carbide Building, which sat on a full city block at 48th Street and Park Avenue for nearly 60 years. JPMorgan expects to house roughly 10,000 of its 24,000 New York-based employees in the new building, with employees starting their first workday at the tower at the same time as the company holds its ribbon cutting ceremony. “For 225 years, JPMorgan…
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In 2024, JPMorgan Chase applied to receive financial assistance from Rockland County, New York, in order to expand a data center in Orangeburg, a hamlet of under 4,300 people. The development agency approved the assistance, which totaled nearly $77 million in state and local tax breaks for the project. In return, documents show, the company said the expansion would create just one full-time job. Now, government accountability group Reinvent Albany has called out the deal as “the largest government subsidy ever recorded within the United States,” prompting questions about how much public money goes to projects that don’t create meaningful jobs for communities. …
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JPMorgan Chase will directly invest up to $10 billion in U.S. companies with crucial ties to national security. The investment plan revealed Monday will focus on four areas: supply chain and advanced manufacturing in critical minerals, pharmaceutical precursors, and robotics; defense and aerospace; energy independence, with investments in battery storage and grid resilience; and strategic technologies, including artificial intelligence, cybersecurity, and quantum computing. The investment is part of the bank’s Security and Resiliency Initiative, a $1.5 trillion, 10-year plan to facilitate, finance, and invest in industries critical to national security. “It ha…
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Stablecoins that offer interest-bearing rewards may increasingly resemble bank deposits. But unlike traditional deposits, they lack the regulatory safeguards that undergird the banking system. That gap, according to JPMorgan CFO Jeremy Barnum, risks creating what he calls a “parallel banking system.” The issue is already on lawmakers’ agenda. During JPMorgan’s fourth-quarter 2025 earnings call, Evercore analyst Glenn Schorr noted that Congress is preparing to debate stablecoin policy, referencing a letter from the American Bankers Association that underscores the urgency of addressing a loophole around interest on stablecoins. Schorr added that Treasury estimated “$6.…
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“Welcome to the future!” David Arena, head of global corporate real estate for JPMorganChase, is standing on a sweeping staircase in a soaring travertine-clad lobby addressing a crowd. He’s there to welcome visitors to the ribbon cutting of 270 Park Ave., the banking behemoth’s new global headquarters in Manhattan. Behind him, an American flag hitched to a fluted bronze mast flies vigorously (it’s propelled by an artificial breeze that required a remarkable amount of fine-tuning). Standing next to him are the people who helped design and build the $3 billion, 2.5 million-square-foot supertall: JPMC CEO Jamie Dimon, British architect Norman Foster, developer Rob …
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A daunting stream of testimony and evidence has been presented in a New Mexico case that explores what the social media conglomerate Meta knew about the effects of its platforms on children. State prosecutors allege Meta failed to disclose the risks that its platforms pose for children, including mental health problems and sexual exploitation. Meta’s attorneys have said the company has built-in protections for teenagers and weeds out harmful content but the company acknowledges some dangerous content gets past its safety nets. Attorneys prepared for closing arguments to jurors next week after Meta on Friday closed out its showing of testimony and evidence and the …
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The U.S. Justice Department is doubling down on its attempt to break up Google by asking a federal judge to force the company to part with some of the technology powering the company’s digital ad network. The proposed dismantling coincides with an ongoing federal effort to separate Google’s Chrome browser from its dominant search engine. The government’s latest proposal was filed late Monday in a Virginia federal court two-and-half weeks after a federal judge ruled that its lucrative digital ad network has been improperly abusing its market power to stifle competition to the detriment of online publishers. In a 17-page filing, Justice Department lawyers argued tha…
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