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Yesterday, Target Corporation announced news that no one wants to hear—especially just before the holidays. The Minneapolis-based retail giant informed employees that it is gearing up to eliminate 1,800 corporate roles at the company. Here’s when the layoffs will happen and what it means for the company and its employees. Target to cull its corporate workforce by 8% On Thursday, Target’s chief operating officer, Michael Fiddelke, who is set to become the company’s new CEO in February, reportedly sent a memo to employees at the 440,000-strong company. According to numerous media reports, Fiddelke’s memo didn’t beat around the bush: the company has decided …

Snack maker Mondelez is using a new generative AI tool to cut costs for the production of marketing content by 30% to 50%, a senior executive told Reuters. The packaged food manufacturer began developing the tool last year with IT firm Accenture and expects that it will be capable of making short TV ads that would be ready to air as soon as next year’s holiday season, and potentially for the 2027 Super Bowl, said Jon Halvorson, Mondelez’s global senior vice president of consumer experience. The Cadbury chocolate producer has invested more than $40 million in the tool, Halvorson said, adding that savings would grow if the tool is able to make more elaborate videos.…

You might have a tough time getting your hands on a pumpkin spice latte over the next few days. Starbucks Workers United, the union representing more than 12,000 workers across 650 stores nationwide, is planning to picket and stage rallies outside 60 locations of the coffee chain this weekend. Seventy rallies and pickets will take place from today through November 1, the union said. Today the union will begin voting on a work strike authorization, stemming from demands for new contracts that address better staffing hours, higher pay, and “resolution for hundreds of outstanding unfair labor practice charges,” according to the union. Starbucks has faced a …

Three different Coca-Cola sodas are being recalled by the U.S. Food and Drug Administration (FDA) as a result of the “potential presence of foreign material (metal) in the product.” Coca-Cola Southwest Beverages LLC ordered the voluntary recall for cans of Coca-Cola Zero Sugar, Coca-Cola, and Sprite on October 3—which the FDA subsequently announced earlier this week on October 20. “We can confirm all recalled product has been removed from the market,” a Coca-Cola Company spokesperson told Fast Company in an emailed statement. “[We] voluntarily recalled a very limited quantity of [the] 12oz cans (12-, 24-, and 35-packs) in the state of Texas. This action was taken …

Protests against President The President’s decision to send the National Guard into American cities have no shortage of whimsy, but the empire struck back against one demonstrator. A lawsuit filed on October 23 accuses police officers and a National Guard member of violating a protester’s constitutional right to play the “Imperial March” theme from Star Wars. The D.C. resident, Sam O’Hara, was “tightly handcuffed” and detained for 20 minutes after ignoring a warning from a National Guard member to stop playing the song. In the complaint, O’Hara alleges that four Washington, D.C., police officers, an Ohio National Guard sergeant, and the District of Columbia viola…

When I imagine the future of space commerce, the first image that comes to mind is a farmers market on the International Space Station. This doesn’t exist yet, but space commerce is a growing industry. The Space Foundation, a nonprofit organization for education and advocacy of space, estimates that the global space economy rose to $613 billion in 2024, up nearly 8% from 2023, and 250 times larger than all business at farmers markets in the United States. This number includes launch vehicles, satellite hardware, and services provided by these space-based assets, such as satellite phone or internet connection. Companies involved in spaceflight have been around since th…

Flights departing for Los Angeles International Airport were halted briefly due to a staffing shortage at a Southern California air traffic facility, the Federal Aviation Administration said Sunday, when the agency also reported staffing-related delays in Chicago, Washington and Newark, New Jersey. The FAA issued a temporary ground stop at one of the world’s busiest airports soon after U.S. Transportation Secretary Sean Duffy predicted that travelers would see more flights delayed and canceled in the coming days as the nation’s air traffic controllers work without pay during the federal government shutdown. During an appearance on the Fox News program “Sunday Morning Fu…

The USDA’s Food Safety and Inspection Service (FSIS) has announced two separate large-scale food recalls due to the same reason: possible contamination with metal fragments. The first recall was for BBQ pork jerky and the second was for ready-to-eat frozen chicken products. Both notices were posted over the weekend. In total, a combined 7.1 million pounds of the products—which were distributed nationwide in both cases—are included in the recalls. Here’s what you need to know. 2.3 million pounds of BBQ pork jerky recalled According to a notice posted by FSIS on Friday, October 24, a company called LSI, Inc. of Alpena, South Dakota, is recalling approximatel…

If it seems like Black Friday deals, and holiday shopping in general, is starting earlier and earlier, you’re right. Just in time for, um, Halloween, both Walmart and Best Buy have announced plans for their 2025 Black Friday and Cyber Monday sales. Black Friday, always the day after Thanksgiving, falls on Friday, November 28 this year. Deals generally continue through that weekend into Cyber Monday, which falls on December 1. However, in recent years, many retailers have jump-started the sales some two, or even three weeks leading up to Thanksgiving. And this year is no different. Here’s what to know. When do Walmart’s Black Friday deals start? The …

A shortage of air traffic controllers caused more flight disruptions Monday around the country as controllers braced for their first full missing paycheck during the federal government shutdown. The Federal Aviation Administration reported staffing-related delays on Monday afternoon averaging about 20 minutes at the airport in Dallas and about 40 minutes at both Newark Liberty International Airport and Austin-Bergstrom International Airport. The delays in Austin followed a brief ground stop at the airport, meaning flights were held at their originating airports until the FAA lifted the stop around 4:15 p.m. local time. The FAA also warned of staffing issues at a facilit…

U.S. President Donald The President lavished praise on Japan’s first female leader Sanae Takaichi in Tokyo on Tuesday, welcoming her pledge to accelerate a military buildup and signing deals on trade and rare earths. Takaichi, a protegee of The President’s late friend and golfing buddy Japanese leader Shinzo Abe, applauded The President’s push to resolve global conflicts, vowing to nominate him for the Nobel Peace Prize, according to The President’s spokeswoman, Karoline Leavitt. Both governments released a list of projects in the areas of energy, artificial intelligence and critical minerals in which Japanese companies are eyeing investments of up to $400 billion…

UnitedHealth on Tuesday raised its annual profit forecast and said it aims to grow in 2026, in a sign that the turnaround efforts under new CEO Stephen Hemsley were gaining steam. Shares of the company rose more than 5% in premarket trading after the company reported better-than-expected quarterly earnings as the U.S. health insurer kept medical costs in check. The company had set a far lower profit forecast in July after suspending its prior outlook in May, which had sent its shares reeling. The healthcare giant now sees 2025 adjusted profit per share to be at least $16.25, compared with its previous estimate of at least $16.00, and above analysts estimate of…

Multiple Twin Sisters Creamery cheese products have been recalled following an E. coli outbreak in Washington and Oregon. To date, two adults and one child have reported illnesses linked to the outbreak. On October 25, 2025, Twin Sisters Creamery recalled Whatcom Blue, Farmhouse, Peppercorn, and Mustard Seed varieties of its 2.5-pound round cheese wheels. The cheese wheels were sent to distributors in Washington and Oregon. Some products were further distributed to retail stores for repacking or sold as pre-cut, half-moon-shaped pieces. The products are made with raw, unpasteurized milk and may be contaminated with Shiga toxin-producing Escherichia coli (STEC) an…

Apple suppliers Skyworks Solutions and Qorvo will merge in a cash-and-stock deal to create a radio chip company with an enterprise value of $22 billion. Qorvo shareholders will receive $32.50 in cash and 0.96 of a Skyworks common share for each Qorvo share held at the close of the transaction, which is expected in early 2027, pending shareholder and regulatory approvals. Activist investor Starboard Value, which owns about 8% of Qorvo, has already signed off on the deal. On a conference call with investors Tuesday, Skyworks said its biggest customers also expressed approval of the merger. After closing, Skyworks shareholders will own roughly 63% of the combined…

Elon Musk has launched Grokipedia, a crowdsourced online encyclopedia that the billionaire seeks to position as a rival to Wikipedia. Writing on social media, Musk said that Grokipedia.com is “now live” and its goal is the “truth, the whole truth and nothing but the truth.” Musk has previously criticized Wikipedia for being filled with “propaganda” and called for people to stop donating to the site, which is run by a nonprofit. In September he announced that his artificial intelligence company xAI was working on Grokipedia. The Grokipedia site has a minimalist appearance with little beyond a search bar where users can type in queries. It states that it has 885,279 arti…

Starbucks’s reign as the world’s leading coffee company is faltering. And the new CEO, Brian Niccol, wants to fix it. Mark Wilson explains. View the full article

Mike Zatz was not planning to leave the Environmental Protection Agency. For two decades, Zatz worked within the department’s Energy Star program, managing the commercial building side of the public-private partnership focused on energy efficiency. “I loved the program. I loved what we were doing. I loved the success that we were having,” he says. But in June, when the EPA offered a second round of early retirement (or deferred resignation), Zatz was one of more than 1,400 employees to step away. The offer came after President The President and the so-called Department of Government Efficiency rolled out mass terminations and program cuts to shrink the federal workfor…

Hurricane Melissa, which made landfall in Jamaica on Tuesday, October 28, was one of strongest hurricanes to make landfall in the Atlantic ocean ever recorded. And it was supercharged by the effects of climate change. As it approached the Caribbean, Melissa—a Category 5 storm with winds of 185 mph—moved over exceptionally warm waters. The ocean was 2.2°F (or 1.2°C) warmer than average for this time of year—conditions that were “made up to 900 times more likely by human-caused climate change,” according to the scientists at the research nonprofit Climate Central. Carbon emissions from human actions trap heat in the atmosphere, but our oceans absorb most of tha…

The news that Microsoft is making 9,000 workers redundant this year, with a focus on jettisoning managers, has sent ripples through the business world. Andy Jassey, Amazon’s CEO, explicitly said this summer that AI advances will lead to job cuts. So it’s no wonder that workers all over the world, including one in five Gen Z workers, are “very concerned” that AI will take their job in the next two years (with Americans being more concerned than Europeans), and 32% of U.S. workers believe that AI will lead to fewer job opportunities. AI has advanced to encompass a vast range of skills, not only data-driven ones such as coding and debugging, but also more managerial task…

It’s certainly been a spooky week for the Walt Disney Co. and Google. The two corporations are in the midst of a carriage dispute that has resulted in a blackout of Disney’s networks on Google-owned YouTube TV, leaving viewers unable to access popular channels including ESPN and ABC. Disney began notifying viewers on October 23 about the dispute and warning that its networks could be removed from the pay-TV streaming platform. All of that came to a head in the last 48 hours as the two parties failed to come to an agreement on a new deal, and YouTube TV began removing Disney’s networks about 30 minutes before the previous carriage deal expired at midnight Eastern t…

YouTube TV viewers can no longer see Disney channels including ABC and ESPN after the two sides failed to agree on a new content distribution deal. Other channels that vanished from Google’s pay TV platform include the Disney Channel, FX, and Nat Geo. Google’s pay TV platform said in a blog post late Thursday that Disney had followed through on a threat to suspend its content amid the negotiations. The breakdown could impact coverage of some college football games on Saturday, as well as NBA, NFL, and NHL games. YouTube is the largest internet TV provider in the U.S. with more than 9 million subscribers. Hulu, owned by Disney, is next, with about half that…

For decades now, tech companies have been promising us a future straight out of Star Trek. Instead of being confined to phones and computers, our digital lives would extend to a network of screens all around us, from connected TVs and smart fridges to kitchen countertop displays and car dashboards. The tech companies called this “ambient computing” or “ubiquitous computing” and extolled how it would get technology out of the way so we could focus on the real world. Here’s what we’ve got instead: Samsung’s smart refrigerators, which range from $1,899 to $3,499, have started showing advertisements on their screens. Amazon’s Echo Show smart displays now have …

As more than 19 million U.S. college students prepare to wrap up their fall semester and begin looking ahead to securing internships and jobs next spring, it’s natural for them—and their families—to worry about the fate of the job market in the age of AI. Indeed, Anthropic’s CEO predicted this summer that within the next five years—and maybe even sooner—adoption of AI could reduce entry-level hiring in white-collar professions by 50%. The impact is already being felt: postings for early-career corporate jobs are down 15%, while applications have spiked 30%. A separate Stanford study found that AI displacement, at this point, seems to be disproportionately affecting younge…

PepsiCo, the food and bev giant behind childhood favorites like 7UP, Mountain Dew, Lay’s, and Doritos, just got new branding, and it looks nothing like its namesake product. The new PepsiCo brand identity, which includes a fresh wordmark, logo, and tagline, is the company’s first rebrand since 2001. The company has had three different corporate identities since its inception in 1965, and all of them have taken their most prominent design cues from Pepsi, the soda brand that started it all—until now. When PepsiCo designed its last identity in 2001, it owned 13 consumer brands. Today, it owns more than 500. And, over the past several months, PepsiCo has signaled…

In addition to voting in the highly anticipated mayoral race this November, New Yorkers will make another consequential decision this election day. They’ll also decide whether the city will begin holding elections only on even-numbered calendar years. While it may sound irrelevant, it’s an important yay or nay. The measure, as written in Ballot Proposal 6, would mean that off-year primary and general elections would begin taking place in the same year as the presidential elections. If New Yorkers voted for the proposal, it would be in line with what New York state has already been moving toward. Earlier this month, the Court of Appeals unanimously voted to uphold …