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When the U.S. government cut funding for local news stations, the Knight Foundation moved quickly to help stabilize a rapidly eroding industry. President and CEO Maribel Pérez Wadsworth unpacks the evolving roles of philanthropy and government, and why philanthropic organizations must learn to move at the speed of the news cycle. This is an abridged transcript of an interview from Rapid Response, hosted by former Fast Company editor-in-chief Robert Safian. From the team behind the Masters of Scale podcast, Rapid Response features candid conversations with today’s top business leaders navigating real-time challenges. Subscribe to Rapid Response wherever you get your p…

An increasing number of companies are finding the much-promised financial gains of implementing artificial intelligence in the workplace have been slow to materialize. But that isn’t stopping many CEOs from spending even more on AI in the coming year. A new study from advisory firm Teneo finds that 68% of CEOs will increase their AI spending next year. A growing number, however, are aware that they need to start showing returns on that investment—and an important part of their job is convincing shareholders to remain patient. “As efforts shift from hype to execution, businesses are under pressure to show ROI from rising AI spend,” the company wrote. “Large-cap CEO…

In recent years, organizations have launched neurodiversity and mental health initiatives with the best of intentions: to raise awareness, launch employee resource groups, and create a culture where team members embrace diverse neurotypes and learn to coexist in an ecosystem. Yet, neurodivergent employees still tell me the same thing: they feel misunderstood as they navigate masking, burnout, and eventually leave organizations that genuinely believe they’ve done their best. So, what’s missing? The gap isn’t in policy or process—it’s in our understanding of the emotional landscape inside the neurodivergent experience. Leaders may recognize ADHD or autism as concept…

As we count down to the last days of the year, we are looking ahead to what may be one of the next big work trends of 2026: shift sulking. Read on to find out what it is, and what to know about it heading into the new year. What is shift sulking? “Shift sulking is the moment when hourly workers arrive already depleted because the conditions surrounding their work—unpredictable schedules, inconsistent hours, and rising demands—are simply unsustainable,” says Silvija Martincevic, CEO of Deputy, a workforce management platform for hourly workers. “Because millions of shifts run through our platform every week, Deputy sees this deep-seated strain in the data we…

When Calvin McDonald was appointed CEO of Lululemon in 2018, the activewear brand was a cult brand. But it had the potential to become a retail giant. Chip Wilson founded Lululemon in Vancouver in 1998 as a yoga brand. When he left the CEO role in 2005, the company was generating $80 million a year. In the decade that followed, Lululemon grew steadily, boosted by the broader athleisure trend. But it was McDonald—who previously spent five years delivering double-digit growth as CEO of Sephora Americas—who transformed Lululemon into one of the biggest clothing companies in the world. Over the course of his seven-year tenure, McDonald more than tripled the company’s…

The Mozilla Corporation, maker of the popular Firefox web browser, has announced the appointment of a new CEO Anthony Enzor-DeMeo, general manager of Firefox, will become top boss at a time when Mozilla is trying to rebrand itself as “the world’s most trusted software company.” Here’s why and what you need to know about Mozilla’s new CEO. Who is Anthony Enzor-DeMeo? As of today, Anthony Enzor-DeMeo is Mozilla Corporation’s new chief executive officer. However, while his position may be new, his involvement with Mozilla is not. Enzor-DeMeo was previously the general manager of Firefox, which is Mozilla’s most well-known product. Under Enzor-DeMeo’s…

Weight-loss giant Weight Watchers is relaunching itself for the Ozempic era. Six months after completing a Chapter 11 restructuring, the company is rolling out a revamped app and digital platform, a reimagined digital coaching experience, and a new brand identity. It’s even bringing back its old, two-word name, Weight Watchers. (The company had changed its name to WW in 2018 and later styled itself WeightWatchers.) Weight Watchers’ pitch: Any telehealth company can get you a GLP-1 prescription—including Weight Watchers itself—but Weight Watchers has unique programs to keep you healthy and on track. Those offerings include coaching, fitness classes, and a menopause…

Many Americans are likely to see massive changes to their taxes in 2026, especially seniors. That’s largely due to President Donald The President’s so-called big, beautiful bill, a massive 940-page bill signed into law over the summer that includes an array of new tax write-offs but also fails to renew some previous deductions from the Biden administration. One change is a $6,000 deduction for seniors. Here’s what to know. Who qualifies for the new senior tax deduction? The President’s tax and spending law introduced a $6,000 deduction for qualifying seniors ages 65 and older, on top of the current additional standard deduction for seniors under existing la…

FIFA slashed the price of some World Cup tickets for teams’ most loyal fans following a global backlash and some will get $60 seats for the final instead of being asked to pay $4,185. FIFA said Tuesday that $60 tickets will be made available for every game at the tournament in North America, going to the national federations whose teams are playing. Those federations decide how to distribute them to loyal fans who have attended previous games at home and on the road. The number of $60 tickets for each game is likely to be in the hundreds, rather than thousands, in what FIFA is now calling a “Supporter Entry Tier” price category. FIFA did not specify exactly wh…

Kraft Heinz announced on Tuesday that new CEO Steve Cahillane will join the food giant to help steer its split into two companies. The former head of Kellanova joins the ailing food giant after years of declining sales and slow growth, and as shares are down 75% since 2017. In 2026, the company will split into two independent, publicly traded companies, Global Taste Elevation Co. and North American Grocery Co., with the first focused on condiments and the Heinz ketchup brand, and the second on Oscar Mayer, Kraft Singles, and Lunchables brands. Cahillane comes on board January 1, 2026 and will serve as chief executive officer of the first of those companies, which …

Automakers Hyundai and Kia must offer free repairs to millions of models under a settlement announced Tuesday by Minnesota’s attorney general, who led an effort by dozens of states that argued the vehicles weren’t equipped with proper anti-theft technology, leaving them vulnerable to theft. Under the nationwide settlement, the companies will offer a free repair to all eligible vehicles at a cost that could top $500 million, Minnesota Attorney General Keith Ellison said. Hyundai and Kia must also outfit all future vehicles sold in the U.S. with a key piece of technology called an engine immobilizer and pay up to $4.5 million of restitution to people whose vehicles were…

Suzanna’s Kitchen, a Georgia-based food production company, has issued a recall of 62,550 pounds of fully cooked, bone-in breaded chicken products. The chicken, which was distributed nationwide, was recalled over mislabeling. While the product was labeled with a product code that classifies it as non-allergen-containing, the product contains soy. According to the recall notice, which was issued on December 12, the affected product is the eight-piece cut, bone-in breaded chicken portions that were produced on October 16, 2025. The U.S. Department of Agriculture (USDA) mark of inspection and establishment number printed on the side of the package is “P-1380.” …

Robinhood is betting that its customers want to trade on absolutely everything. On Tuesday, the popular stock-trading app unveiled a slate of updates to its prediction markets business, aggressively expanding into sports. Now, Robinhood users can trade contracts tied to specific professional football players’ performances, as well as pre-packaged combos for individual games. Early next year, customers will be able to combine up to ten outcomes — such as winners, spreads, and totals — into a single, custom-built contract. Robinhood’s news site, Sherwood, is also launching a new sports newsletter, Scoreboard. Eventually, Robinhood plans to launch contracts that sp…

It’s rare that your esoteric, impossible-to-pronounce, decade-long research project becomes a technology so crucial to national security that the President of the United States calls it out from the White House. But that’s exactly what happened to Dr. Eric Wengrowski, the CEO of Steg AI. Wengrowski spent nearly a decade of his life advancing steganography, a deeply-technical method for tracking images as they travel through the machinery of the modern Internet, as the focus of his PHD at Rutgers University. After earning his degree, Wengrowki and a team of co-founders rolled his tech into a small startup. For several years, the company grew, but mostly toi…

For the past two years, I’ve written predictions for how AI will continue to change the media industry and the business of news in the coming year. Prognosticating is a risky business even at the most tranquil of times, and media’s AI era is anything but: bots are multiplying, newsrooms are shrinking, and new business models always seem to be still developing. Last year, four of the five predictions I made came true, those being the spread of audio experiences like NotebookLM’s audio overviews, a greater emphasis on content licensing, more “legit” AI-generated content, and publishers doing more with their own summarization and chatbots. I should have probably known my…

There is a strange gravitational pull in the AI ecosystem right now. Every founder wants to raise a monster round. A $50 million seed. A $200 million Series A. The kind of fundraise that makes headlines, melts your inbox, and gets your parents to finally understand you have a real job. I’ve raised both kinds of rounds. A $12 million one that looked incredible in TechCrunch. And recently, an intentionally small but oversubscribed pre-seed for my new company, Empromptu.ai, where investors fought for allocation like we were handing out Taylor Swift tickets. Having lived on both sides, here is the truth no one in AI land wants to say out loud: A mega round might be the fa…

Contract roles can feel like the perfect job setup: flexible hours, work-from-home perks, and a way to break into your dream company. For some, they also serve as a temporary solution until a more permanent position comes along. Yet sometimes when freelancers decide to transition to a full-time gig, their contract history can potentially come back to bite them—even when it shouldn’t. In a job interview, employers might ask: Can you work effectively on a team? Can you take direction from a manager? Will you think about your work long term? Or they might not ask at all, but they’ll still wonder. To be clear: Freelancing or contract work is work, of course. …

“Season’s greetings” aren’t as cheery when it’s a season of layoffs. November marked the eighth time this year that job cuts were up over the same period the year before, according to research from outplacement firm Challenger, Gray & Christmas. To make matters worse, hiring in November was down 35% from 2024, marking the lowest year-to-date total since 2010. News about the current labor market can be unnerving—even more so when layoffs are hitting your company. Being prepared can help make it less so. And one group of people knows more about that than most. A page out of the prepper book The word prepper may bring to mind images of shows like Doomsday …

Cloudflare has often been described as some version of “the most important internet company you’ve never heard of.” But for the better part of 2025, cofounder and CEO Matthew Prince has been trying to change that. The company’s core business is to improve the performance and enhance the security of websites and online applications, protecting against malicious actors and routing web traffic through its data centers to optimize performance. “Six billion people pass through our network every single month,” Prince says. If Cloudflare is doing its job well, no one notices. But in July, Prince declared “Content Independence Day,” a broadside against the AI companies th…

Whenever I tell people I’m an auctioneer, there are inevitably two follow up questions: First: “Do you talk really fast like those guys on TV?” followed by a cartoonish imitation, complete with an imaginary microphone and a pseudo Southern accent. Second: “What’s the most expensive thing you’ve ever sold?” After two decades of auctioneering, the answer is usually “something in the many millions.” I typically just name the last item I sold for over a million dollars. Whether someone pictures a fast talking cattle auction or a refined British gentleman selling Picassos in black tie, auctioneers are assumed to do one thing: talk. A lot. Which is why most peop…