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A widening war in Iran has halted oil tankers, made targets of refineries and spooked investors worried about the cascading impact of spiking energy prices. In response, the International Energy Agency agreed on Wednesday to release the largest volume of emergency oil reserves in its history, with the Paris-based organization pledging to make 400 million barrels of oil available from its member nations’ stockpiles. The announcement marked a shift in momentum in government response to the war upending the flow of oil, with other global leaders previously indicating reluctance to tap into stockpiles. Here is a look at the energy supplies that countries hold and when they …

Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. You can sign up to receive this newsletter every week via email here. AI pioneer pulls in a cool billion to launch his “world model” AI company Yann LeCun, one of the pioneers of AI and Meta’s former chief AI scientist, has long argued that large language models alone will not produce AI systems that outperform humans at most tasks. LeCun says today’s transformer-based large language models are useful enough to be applied in valuable ways, but he also believes they are unlikely to achieve the general or human-level intelligence needed to perform many…

René Redzepi, the chef behind Copenhagen’s Noma, has resigned from the iconic restaurant he co-founded and its food non-profit MAD, amid abuse allegations. The move comes after protesters gathered outside Noma’s 16-week Los Angeles pop-up Wednesday. A recent New York Times article reports that former employees of the restaurant allege a pattern of abuse, including “punching, slamming, screaming,” from 2009 and 2017. The Times interviewed dozens of former employees throughout 18 of the chef’s 23 years at the restaurant. The report also alleges unpaid interns worked 16-hour days. On Wednesday, protestors outside Noma’s L.A. pop-up chanted and held up signs that read…

The biggest new restaurant trend is small. Special menus with petite, less expensive portions are popping up all over, from large chains like Olive Garden and The Cheesecake Factory to trendy urban eateries and farm-to-fork dining rooms. Restaurants hope that offering smaller servings beyond the children’s menu will meet many different diners’ needs. Some people want to spend less when they go out. Others are looking for healthier options or trying to lose weight. Younger consumers tend to snack more throughout the day and eat smaller meals, said Maeve Webster, the president of culinary consulting firm Menu Matters. “These are really driven by, I think, change…

Nearly every part of the United States is getting walloped by wild weather or just about to be. Days of downpours have begun in Hawaii. The Southwest will soon bake with day after day of record 100-degree-plus (38 Celsius-plus) heat. Two storms will dump snow by the foot over northern Great Lakes states. And the dreaded polar vortex will again invade the Midwest and East with soul-crushing Arctic chill. This forecast of extremes comes as weather whiplash already hit much of the East. On Wednesday, Washington, D.C. residents walked around in shorts in record-breaking 86 degrees Fahrenheit (about 30 Celsius). On Thursday, it snowed. “All of the country, even if you’re no…

Cambodia said Friday it has drafted its first law targeting online scam centers, after vowing to shut them down by the end of April. Cambodia is a major hub for scam operations, which extort money from victims online through bogus investment schemes and feigned romances. Victims around the world are estimated to have been cheated out of tens of billions of dollars annually. At the same time, thousands of people, especially from other Asian nations, have been recruited with false job offers and then forced to work in scam centers in conditions of near-slavery. “This law is the most important legal instrument for Cambodia in combating scams online, fighting money launder…

Carnival Cruise Line has announced that it is launching a new dining experience on its ships for people who don’t like the long, leisurely evening dinners that cruises are known for. Here’s why Carnival is introducing the new option, and what it means for you if you’re traveling on a Carnival cruise soon. What’s happened? This week, Carnival announced that it is rolling out a new “Express Dining” option on more than a dozen of its ships. The cruise giant says that the new dining experience is designed to offer “a freshly prepared multi-course dinner experience in under an hour for groups of six guests or fewer.” The idea behind Express Dining is that if Carniva…

Despite what Timothée Chalamet may think, the Metropolitan Opera’s production of Richard Wagner’s epic Tristan und Isolde is generating a lot of buzz this season. That’s thanks in no small part to director Yuval Sharon’s bold choices, which include cutting-edge video projections and an immersive set design by Es Devlin. Sharon believes it is necessary to be forward-thinking, especially since the arts are facing a hard economic reality. He also believes it’s what helped drive the production’s impressive ticket sales. “People all saw that there is something new is being attempted here that you’ve just got to see,” he tells Fast Company. “I think that is its own…

The most frequent mistake companies make when applying? They fail to focus on a single, representative example of internally grown innovation. Here’s some advice on how to produce a more compelling application for Fast Company’s Best Workplaces for Innovators in 2026. Get real Jargon won’t win you any awards. Applications that read as if they were written to appeal primarily to an internal audience are not likely to earn high marks from our judges. Use clear language to describe your innovation programs. We’re looking for companies that do more than just talk the talk. Be current Focus on a recent or ongoing example. We’re looking for current hotbeds of inno…

A government shutdown, war in the Middle East, and storms: airline passengers in the U.S. are facing quite a number of issues right now. On Sunday, 10,740 flights were delayed and another 3,249 were canceled within, into, or out of the U.S., according to FlightAware. On Monday, those numbers rose to 12,926 and 4,863, respectively. More than half of flights into and out of Atlanta’s Hartsfield-Jackson airport (ATL) were delayed Monday, while over a third of those into or out of New York’s LaGuardia Airport (LGA) were canceled. A similar pattern followed on Monday, and by 8 a.m. ET on Tuesday there were 1,156 delays with another 215 cancellations. Why is…

The Northern Lights, also known as aurora borealis, may be visible in nearly 19 U.S. states tonight, Wednesday, March 18 into Thursday, March 19, according to the National Oceanic and Atmospheric Administration’s (NOAA) Space Weather Prediction Center. The aurora borealis is the result of a geomagnetic storm that occurs when a coronal mass ejection (CME), an eruption of solar material, reaches Earth and causes swaths of green, blue, and purple colors to appear in the dark sky. We are currently seeing increased solar activity as the result of an 11-year sun cycle peak. NOAA says this G2, or moderate geomagnetic storm is partially thanks to Friday’s upcoming spring …

Prediction markets like Polymarket and Kalshi have hit the headlines—not least because of their role in making some people filthy rich off the back of the Middle Eastern war. But they’ve also drawn the attention of legislators concerned about their growing prominence. Many officials have privately raised concerns about platforms like Polymarket and Kalshi. Arizona’s attorney general has gone further, charging Kalshi with offering what the state alleges are illegal bets on election outcomes. “Kalshi may brand itself as a ‘prediction market,’ but what it’s actually doing is running an illegal gambling operation and taking bets on Arizona elections, both of which violate…

When electricity demand is set to surge—say, from a new power-hungry data center—the default response from a utility is often to build a new (and expensive) power plant and other infrastructure. A new report released by a cross-industry coalition called Utilize argues that we can make better use of existing power on the grid instead. Roughly half of the total capacity goes unused most of the time because the grid was built to meet spikes in demand. But as technology has shifted, it’s become easier to unlock that extra power. Smart thermostats, for example, can pre-cool your house when demand is lower. EVs can charge at optimal hours (and, in some cases, send power…

“I have no idea if this is what they want me to do. I barely get any feedback.” This is a statement I often hear from leaders in my coaching calls, even those at a senior level. When these leaders were early in their careers, there was more frequent guidance and coaching on what success looked like for them and if their work met expectations. However, research by Amy Edmondson shows that the higher you rise in an organization, the less feedback you tend to receive, which can make it feel like you’re losing reassurance. In coaching calls with my clients, we often discover how reliant they were on their leader’s affirmation, and that this recognition served as motivat…

This week, Google announced new features for its AI-powered interface tool Stitch—in the process, it signaled that it’s going all-in on “vibe design.” “We are evolving Stitch into an AI-native software design canvas,” Rustin Banks, product manager at Google Labs, wrote on company’s blog, Keynote. “With it, anyone can create, iterate and collaborate to turn natural language into high-fidelity UI designs.” Launched last March during the Google I/O annual developer conference, Stitch sets out to give people an accessible tool for creating front end UI designs for projects like websites or mobile apps. While late to a market already occupied by competitors like Figma …

People who live and work in Washington state don’t currently pay any income tax. But in a few years, a small group of residents will be subject to one: Washington lawmakers recently passed a bill that would impose a 9.9% tax on income earned above $1 million, which goes into effect on January 1, 2028. The so-called millionaires tax could raise up to $4 billion annually for the state, revenue that Governor Bob Ferguson has said could go toward free breakfast and lunch for students, and to working families through a tax credit. (Ferguson has yet to sign the bill, which landed on his desk March 13, but has pledged to.) The tax is part of a wave of bills that lawmaker…

The dangerous heat wave shattering March records all over the U.S. Southwest is more than just another extreme weather blip. It’s the latest next-level weather wildness that is occurring ever more frequently as Earth’s warming builds. Experts said unprecedented and deadly weather extremes that sometimes strike at abnormal times and in unusual places are putting more people in danger. For example, the Southwest is used to coping with deadly heat, but not months ahead of schedule, including a 110-degree Fahrenheit (43.3 Celsius) reading in the Arizona desert on Thursday that smashed the highest March temperature recorded in the U.S. On Thursday, sites in Arizona and south…

A Planned Parenthood affiliate just settled an investigation by the Equal Employment Opportunity Commission over claims of discrimination against white employees, in a notable example of the agency’s ongoing focus on DEI-related discrimination. The $500,000 settlement will put an end to an EEOC investigation against Planned Parenthood’s Illinois chapter, which was initiated by employee complaints that the organization allegedly “segregated employees by race, subjected white employees to harassment, and engaged in disparate treatment against white employees regarding terms, conditions, and privileges of employment,” according to the agency. The EEOC found that Pl…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Zillow economists just published their updated 12-month forecast, projecting that U.S. home prices—as measured by the Zillow Home Value Index—will rise 0.5% from February 2026 to February 2027. That’s a mild downward revision from its 12-month forecast published last month (+0.9%). While Zillow’s national home price forecast isn’t negative, it isn’t exactly bullish either. It foresees a soft national housing market in 2026, one where affordability may improve slightly as U.S. income growth outpaces U.S. home price growth. What type of region…

As return-to-office mandates tighten, many workers are reckoning what life in a cubicle looks like. If it’s up to the Swiss furniture and design firm Vitra, your next cubicle might not look much like a cubicle at all. Vitra partnered with German industrial designer Konstantin Grcic to create Scout, a family of minimalist office furniture built to adapt to the flexible ways people work today. Launched on March 19, Scout is comprised of five pieces that range in sizes, offering stationary and mobile workspaces with customizable options for workplaces and schools. Konstantin Grcic The tables feature trapezoidal desks that have metal tubular frames. Attachments tha…

If you’re one of the legion of iPhone fans who can’t wait for the next major software update and all the new features it will bring, there’s some good news. Apple has revealed when you’ll be able to get a look at the iPhone’s next operating system, iOS 27—and you won’t have to wait much longer. Here’s what you need to know. Apple announces the dates for WWDC26 Apple has revealed when it will hold its next Worldwide Developers Conference (WWDC). The conference, affectionately referred to as “dub-dub” by Apple employees, is one of Apple’s two major events throughout the year, and one of the tech industry’s most important. WWDC is an annual week-long event where A…