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The bible tells us to “love your enemies,” and major sports teams seem to be taking that doctrine seriously. Or at least their stadium concession stands are. Fans come to stadiums for the game, but they almost always indulge in the food, too—which typically reflects the cuisine of their home team’s city. But now, baseball and football stadiums have begun offering some local bites of their opponents’ teams in a bid to sell more concessions. On March 27, Major League Baseball’s Opening Day, stadium food for the Washington Nationals will offer a new signature concession item: a platter of loaded nachos dubbed the “Stolen Plate Special.” The toppings on those cheesy…

Utah-based outdoor retailer Sportsman’s Warehouse may be closing some of its stores in the near future. “As part of the Company’s review of its stores, we have identified about five stores for potential closure due to underperformance and lack of profitability,” Sportsman’s Warehouse wrote in its Fiscal Year 2025 financial results press release. Sportsman’s Warehouse did not respond to Fast Company’s request for comment on which stores it identified at the time of publication. Sportsman’s Warehouse has 148 locations spread across 32 different states. The brand is mostly centered around western states, with 17 stores in California, 14 in Washington, and 13 in U…

Shares in Spotify Technology SA (NYSE: SPOT), the world’s largest music streamer, are surging this morning. As of this writing, the Swedish company’s stock price is up 18% to above $489 per share after the company reported blowout fourth-quarter fiscal 2025 earnings. Here’s what you need to know. Spotify’s Q4 2025 surpasses expectations On Tuesday, Spotify reported its Q4 2025 earnings, which outpaced investor expectations. Here are the music streamer’s most salient metrics for the quarter, which ended on December 31: Monthly Active Users (MAUs): 751 million (up 11% year over year) Premium Subscribers: 290 million (up 10% year over year) Total Reven…

Everything from coffee to a used car is more expensive these days, and now your music streaming service is too. Spotify announced this week that it will raise prices for U.S. subscribers – again. Spotify Premium plans will jump up to $12.99 from $11.99 starting with the next billing date. The streamer last increased prices for U.S. users in 2024 after a decade-plus run of charging $9.99 for ad-free listening on its premium individual streaming plan. The main individual plan isn’t the only Spotify subscription getting a price hike. Discounted student plans are getting bumped up to $6.99 from $5.99, the Duo two-person plan will go to $18.99 from $16.99 and the stre…

Shares of Spotify Technology SA were put on the spot this morning as the Swedish audio-streaming company announced that CEO Daniel Ek will be transitioning out of the role at the end of the year. He will be replaced by two new co-CEOs: Gustav Söderström, Spotify’s current co-president and chief product and technology officer, and Alex Norström, co-president and chief business officer. Ek will remain with the company and oversee its long-term strategy and capital allocation, and provide guidance in his new role as chairman of the board. Kicking and streaming Investors may take some time to absorb the news. Spotify stock, listed in the U.S. and trading on t…

Shares in music streamer Spotify (NYSE: SPOT) are up nearly 9% in premarket trading as of the time of this writing after the company reported fourth-quarter earnings results for its fiscal 2024. It was a quarter that ended the music streamer’s first full year of profitability. And saw many important metrics increase by double-digit percentages. Here’s what you need to know about Spotify’s Q4 2024 earnings. SPOT Q4 2024 earnings by the numbers Spotify posted several investor-pleasing metrics today. Here are the main highlights of Spotify’s Q4 2024: Monthly Active Users (MAUs): 675 million (up 12% Y/Y) Premium subscribers: 263 million (up 11% Y/Y) Tot…

Spotify Wrapped 2025 is here, and it’s inspired by mixtapes, DIY aesthetics, and all things pre-internet. After plenty of anticipation, Wrapped has now debuted for the eleventh year in a row. As public interest in Wrapped has mounted exponentially each year—and other brands have flocked to dupe the format—Spotify has been compelled to continuously up the ante on its own design concept, and this year is no exception. Wrapped 2025 comes with 12 brand new features, each intended to make the experience more personalized than years past. In the music world (and everywhere else), 2025 has been a year dominated by conversation around the explosion of AI technology. In S…

The numbers are in for Spotify Wrapped: After the streaming music app dropped its popular year-in-review recap for 2025, the company said it has already seen a huge increase in user engagement, hitting 200 million users just 24 hours after the recap’s release, a 19% increase year-over-year (YOY). Compare that with last year, when it took 62 hours to hit that same number. Why the uptick in user engagement? One reason could be because the platform is growing. A look at the numbers shows Spotify’s monthly active users grew 11% YOY to 713 million in Q3 of 2025, according to the company’s third quarter earnings report. Spotify Wrapped is for sharing Sharing …

Even before this year’s Spotify Wrapped dropped, I had a hunch what mine would reveal. Lo and behold, one of my most-listened-to songs was an obscure 2004 track titled “Rusty Chevrolet” by the Irish band Shanneyganock. I heard it first thanks to my son, whose friend had been singing it on the swings at school. My son found it utterly hilarious, and it’s been playing in our house nonstop ever since. Like parents all over the world, I rue how my son’s musical tastes have hijacked my listening history. But I’m also tickled to learn that our household is probably one of the few even listening to it. Spotify Wrapped is an annual campaign by the popular streamin…

Since it launched two years ago, Spotify’s AI DJ has been a one-way experience. It curates old favorites and helps listeners discover new tracks based on past listening experience and what similar users like. But now it’s getting interactive. Spotify unveiled the ability to request songs from the DJ based on mood, genre, and vibe. The feature, which launched across 60 markets, is exclusive to Spotify Premium users, who can access the DJ by searching for the tool in the app. It’s the latest AI feature to come from Spotify, which introduced an AI-generated playlist builder for Premium users in the United States last fall. But Molly Holder, Spotify’s senior directo…

Spotify just opened up a new stream of revenue for podcasters. That is, if they’re uploading video. What was once an audio-first medium, podcasting is now increasingly filmed and produced. That started on YouTube, which is now racking up one billion podcast viewers a month. While Spotify has hosted podcasts for a decade now, the company is suddenly racing to stay competitive, rolling out new features and monetization tools. That includes their Partner Program, which allows podcasters to earn money directly from the streams of premium subscribers, so long as they’re using a video aspect. “We decided to focus on video because that’s where we see a lot of audiences…

Square, the popular business technology platform known for its Point of Sale (POS) systems, has launched a new device designed to allow sellers to ring up various kinds of purchases and perform other tasks without carrying around the extra weight of bulkier hardware. The Square Handheld, with a screen that is slightly bigger than a cellphone, is less than an inch thick, thin enough to fit in your back pocket. Handheld card readers currently on the market are bulkier, requiring sellers to use lanyards or handstraps to carry them around. The Square Handheld frees up hands for a more seamless integration into the user’s workflows. The device supports a full range of…

After a number of big announcements this week, it’s hip to be Square. Square announced several upgrades and features to its platform this week, including an expansion of tools for restaurant owners and operators, new intelligence capabilities under its Square AI suite, the unveiling of Square Bitcoin, allowing platform users to conduct transactions in Bitcoin. As a cherry on top, Cash App, a sister company to Square under its parent firm, Block, also announced Neighborhoods, a feature that connects customers with local businesses, creating local networks in which customers can place orders and accumulate rewards points to spend with nearby businesses, and helps t…

Artificial intelligence company Stability AI mostly prevailed against Getty Images Tuesday in a British court battle over intellectual property. Seattle-based Getty had accused Stability AI of infringing its copyright and trademark by scraping 12 million images from its website, without permission, to train its popular image generator, Stable Diffusion. The closely followed case at Britain’s High Court was among the first in a wave of lawsuits involving generative AI as movie studios, authors, and artists challenged tech companies’ use of their works to train AI chatbots. Tech companies have long argued that “fair use” or “fair dealing” legal doctrines in the …

Starting a new job is exhilarating and exhausting. Exhilarating, because you’re trying new things, meeting new people, and picking up new skills. Exhausting, because all of those activities tax your brain, so that by the end of the day, you just want a nap. Over time, though, some of the things you’re doing become routine. You know the general tasks that drive your workday, and you can solve most of the problems that come up on most days. Once that happens, you go from being exhausted to being bored. Ultimately, your brain craves a middle-ground in which your world is generally predictable, but there are enough novel situations that you have to pay attention, think a …

Amid polarization, AI disruption, and eroding trust in institutions, retired four-star General Stanley McChrystal argues that what leaders need now more than ever is character. Head of the business consulting firm McChrystal Group, he has written a new book on character, drawing from his decades of experience. From AI ethics and modern warfare to hot-button issues like Signalgate and transgender service in the military, McChrystal explains why character is the foundation of lasting leadership. 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 p…

What does it mean to be a courageous leader in 2025? Stanley McChrystal, retired four-star general in the U.S. Army, joins futurist and culture critic Baratunde Thurston to discuss McChrystal’s new book, On Character, the responsibility of leaders today, and the weight of being an active citizen in democracy. Considering President The President’s deployment of the National Guard, McChrystal explores the role of the military in civil society. This is an abridged transcript of an interview from Rapid Response, recorded live at the 2025 Masters of Scale Summit in San Francisco. From the team behind the Masters of Scale podcast, Rapid Response features candid conversatio…

Visitors to dozens of Starbucks stores across more than 40 cities may be greeted with picket lines today as Starbucks baristas go on strike. And it’s a strike that couldn’t come at a worse time for Starbucks, as today is the company’s annual Red Cup Day, which kicks off the Seattle coffee giant’s holiday sales season. Here’s what to know: What’s happened? Today, unionized Starbucks baristas went on strike at more than 65 Starbucks locations across 42 cities. The baristas are members of the Starbucks Workers Union (SBWU), a collective that says it includes over 12,000 Starbucks workers across 550 unionized stores. The union says it has been in stalled negoti…

Starbucks’s new CEO, Brian Niccol, made a bet last September that the company could draw customers back into its stores by reintroducing personal touches you might see at smaller, third-place sort of coffee shops, like handwritten names on to-go cups. Here we are about four months later, and Starbucks has beaten Wall Street expectations, announcing $9.4 billion in revenue for the fourth quarter of last year during its earnings call Tuesday. Niccol attributed the chain’s performance to “getting Back to Starbucks and those things that have always set us apart.” (Though it’s worth noting that the company’s sales are still down year over year.) Starbucks developed a b…

Starbucks released its fourth-quarter earnings on Wednesday, October 30, finally providing an official figure for its recent wave of store closings. The Seattle-based coffee chain shuttered a total of 627 locations worldwide over the three months, ending up with a net closure of 107 stores. More than 90% of impacted locations were in North America, Starbucks said. In the United States, 520 stores were shuttered as part of the company’s turnaround efforts, Starbucks disclosed in an earnings release. Starbucks now runs 40,990 stores globally and 16,864 in the United States. Estimates of store closures varied widely In September, Starbucks announced the shutt…

Starbucks held its quarterly earnings call Tuesday, during which CEO Brian Niccol highlighted a slew of design steps the company is taking as part of its overall turnaround strategy. While Niccols described the company’s drop in quarterly earnings as “disappointing,” behind the scenes, he claims the coffee chain is still making progress towards its back-to-basics comeback plan by upgrading its coffeehouses, standardizing the Starbucks experience store to store, and more efficient systems. All of this will begin to roll out over the next few months. Here’s a rundown of the design changes so far, and what’s heating up for next quarter. 1. Coffeeshop “uplif…

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

Starbucks will end the year with fewer stores and fewer employees. But the brand maintains that it’s all part of a greater turnaround still in the mix. Today, the company announced that its North American store locations will be reduced by 1% for fiscal 2025—landing the coffee chain at 18,300 stores total. And it will be eliminating 900 jobs outside of its coffee houses (in other words, corporate and other functions). The company claims it will attempt to place affected baristas into new stores, but Starbucks says, “For those we can’t immediately place, we’re focused on partner care including comprehensive severance packages. We also hope to welcome many of …