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After seeking Chapter 11 bankruptcy protection in November 2025, Ohio-based retail chain American Signature Inc. (ASI) now says it will close all of its Value City Furniture and American Signature Furniture stores. Here’s what you need to know about the first major home retail store closings of the year, and why some of the chain’s customers need to beware. What’s happened? As Fast Company previously reported, home furnishings retailer American Signature Inc. announced in November that it had filed for Chapter 11 bankruptcy protection. The Ohio-based company was founded 78 years ago in 1948 and grew to become one of the country’s largest regional home furnishin…

Another home furnishings retail chain has sought Chapter 11 bankruptcy protection as it deals with higher costs, reduced sales, a downturn in the housing market, and President The President’s tariffs. American Signature Inc (ASI), parent company of American Signature Furniture and Value City Furniture, said Sunday that it has secured $50 million in debt financing as it seeks a buyer in an auction process. Here’s what to know. What is ASI and why is it bankrupt? Founded it 1948 and based in Columbus, Ohio, American Signature Inc is the parent company of two home furnishings retail chains: American Signature Furniture and Value City Furniture. Combined, the…

Vaping devices are getting a makeover—one that seems likely to turn more teens into consumers. Experts have long worried that nicotine vapes appeal to minors with flavors like Cotton Candy and Blue Razz, along with bright candy-colored designs. Today’s vapes double as digital gadgets. Some mimic video games, others resemble smartphones or tamagotchi-style pets that “die” if you stop puffing. It’s gamified addiction. Behind the flashy designs lies a serious danger. Research shows that vaping harms both cardiovascular and respiratory health and can lead to nicotine dependency. Many of these new products are also unregulated, often smuggled in from overseas manuf…

Pope Francis will be laid to rest Saturday after lying in state for three days in St. Peter’s Basilica, where the faithful are expected to flock to pay their respects to history’s first Latin American pontiff. The cardinals met Tuesday in the Vatican’s synod hall to chart the next steps before a conclave begins to choose Francis’ successor, as condolences poured in from around the world. According to current norms, the conclave must begin between May 5 and 10. The cardinals set the funeral for Saturday at 10 a.m. in St. Peter’s Square, to be celebrated by the dean of the College of Cardinals, Cardinal Giovanni Battista Re. U.S. President Donald The President said he and…

If you have any vegetable products in your kitchen, you’ll want to be aware of the latest recall posted on the website of the U.S. Food and Drug Administration (FDA). The recall involves numerous vegetable products and fears that they could be a breeding ground for Clostridium botulinum bacterium, which can produce the deadly botulinum toxin. Here’s what you need to know. What’s happened? On March 3, the FDA posted the notice of a voluntary recall from AKT Trading Inc. of Torrance, California. The recall was initiated after the company discovered that some of the prepared vegetable products manufactured by Choshiya Honten Co., Ltd had the potential to harbor the Cl…

Venice is charging day-trippers to the famed canal city an arrivals tax for the second year starting Friday, a measure aimed at combating the kind of overtourism that put the city’s UNESCO World Cultural Heritage status at risk. A UNESCO body decided against putting Venice on its list of cultural heritage sites deemed in danger after the tax was announced. But opponents of the day-tripper fee say it has done nothing to discourage tourists from visiting Venice even on high-traffic days. Here’s a look at Venice’s battle with overtourism by the numbers: 5–10 euros (about $6–$11) The fee charged to visitors who are not overnighting in Venice to enter its histor…

Catherine Bracy is the Founder and CEO of TechEquity, an organization working at the intersection of tech and economic equity. The company advocates on behalf of policies that ensure people—not companies—control how technology shapes their economic futures. She was previously Code for America’s senior director of Partnerships and Ecosystem, and founded Code for All. During the 2012 election cycle, she was director of Obama for America’s Technology Field Office in San Francisco. What’s the big idea? Venture capital isn’t just funding innovation; it’s shaping what kind of innovation is possible. Right now, that system is failing us. It forces startups to sacrifice re…

WeWard, an app that offers real-world rewards for walking, announced Wednesday it’s signed tennis champ Venus Williams as an investor and ambassador for the app. The app, which offers users points called Wards for steps taken, lets users track their movements or import pedometer data from tools like iPhone’s Apple Health, Android’s Google Fit, or Fitbit. When they’ve racked up enough Wards, they can be redeemed for gift cards, charitable donations, or even cash deposits to user bank accounts. “We’ve decided to do something very simple,” says cofounder and CEO Yves Benchimol. “We just give cash to people to walk.” In addition to tangible rewards, users can also…

Rare cosmic events can feel like being smiled down upon from up above. However, on the morning of April 25, an actual smiley face will appear in the sky—kind of. Venus, Saturn, and the moon will align in a pattern called a triple conjunction. Given the moon will be in its crescent form, the lineup will resemble a smiley face, but only for a short time on Friday morning. “Venus is higher above the eastern horizon with Saturn lower, and a thin, crescent moon a bit lower and a little farther north,” Brenda Culbertson, NASA solar system ambassador, told Kansas TV station KSNT. “The thin, crescent moon looks like a smile. To some people, the triangle of bright objects …

Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient” its entire company. The job cuts began on Thursday, per to a staff memo from Verizon CEO Dan Schulman. In the letter, which was seen by The Associated Press, Schulman said Verizon’s current cost structure “limits” the company’s ability to invest—pointing particularly to customer experiences. “We must reorient our entire company around delivering for and delighting our customers,” Schulman wrote. He added that the company needed to simplify its operations “to address the complexity and friction that slow us down and frustrate o…

If you are Verizon customer, like me, you’ve probably been scrambling to make phone calls, send texts, and get online since Wednesday, due to a massive, nationwide service outage. (I am writing this from my local food co-op outside Boston, where I am using the internet in their cafe.) The mobile giant says the issue has now been resolved, however, some customers are saying they’re still without service. Some 1.5 million users reported the prolonged outage on Downdetector, which still had some 893 reports (as of around 2:30 p.m. ET). That’s over 24 hours after customers first started losing service around noon ET on Wednesday, with iPhone users reporting an “SOS” icon,…

Yesterday, customers of Verizon Communications across the country picked up their phones only to discover that they had no service. Calls, texts, and the internet simply didn’t work. Verizon now says the underlying issue has been resolved. But just what caused it, and will Verizon compensate customers for the outage? Here’s what you need to know. What happened? On Wednesday, a little after noon ET, customers around the country began taking to social media to report that they had lost Verizon service on their phones. Calls and texts could not be made or received, and internet access was nonexistent. Many iPhone owners on Verizon’s network saw the “SOS” ico…

Verizon just announced that its current CEO, Hans Vestberg, is stepping down—and the wireless carrier is pulling another seasoned leader out of retirement to take its helm. In a press release published on October 6, Verizon announced that former PayPal CEO Dan Schulman will be leading the company, effective immediately. In the meantime, Vestberg (who has held the title since 2018) will stay on as a special adviser at the company until October 4, 2026. Schulman has served on Verizon’s board of directors since 2018, and was elected lead independent director in December 2024. “Dan is a seasoned and decisive leader with a unique set of experiences, and a proven re…

Verizon is planning to cut about 15,000 jobs in the telecommunications company’s largest-ever layoffs as part of a restructuring under its new CEO, a person familiar with the matter told Reuters on Thursday. The layoffs, affecting about 15% of its workforce, are set to take place as soon as next week, the person said. Verizon’s shares rose about 1.4% on the news. They have largely stagnated over the last three years, with a gain of 8% compared with the S&P 500’s near-70% rise. A Verizon spokesperson declined to comment. The cuts, following the appointment of former PayPal boss Dan Schulman as CEO in early October, are aimed at its non-union management …

Is cable television truly dead? The markets are about to test the hypothesis. Shares of Versant Media Group began trading on the Nasdaq Monday under the ticker symbol VSNT, effectively completing Versant’s spinoff from parent company Comcast Corporation. Versant comprises a bundle of cable television networks and similar digital businesses, with notable properties including MS NOW (formerly MSNBC), CNBC, USA Network, Golf Channel, Oxygen, E!, and SYFY. It also includes online platforms such as Fandango, Rotten Tomatoes, GolfNow, GolfPass, and SportsEngine. Peacock, the popular streaming service owned by NBCUniversal, will remain under the Comcast umbrell…

Hello, and welcome back to Fast Company’s Plugged In. “Programming, as it turns out, is just typing.” Talking at Cisco’s AI Summit in San Francisco on February 3, Nvidia CEO Jensen Huang made that pithy observation to sum up the phenomenon of people using AI coding tools to simply describe in plain language software they want to exist, with an algorithm doing the heavy lifting. The comment came during a wild, wide-ranging riff on how AI is changing the world, and Huang kept joking that his chatter might have been influenced by several glasses of wine. (Hey, he was the after-dinner speaker.) But even if alcohol-fueled poetic license was involved, the sentiment capt…

I teach AI to editorial and PR teams for a living, and if there’s one thing that excites and engages them more than any other, it’s vibe coding. The highly visual and interactive projects my students create with vibe-coding tools often turn me into the person taking notes. Vibe coding is definitely having a moment. It’s arguably the most impactful thing to come out of the field of generative AI in the past year, at least as far as applied AI goes. Broadly, vibe coding is the practice of using AI to create not just “content,” but webpages, apps, and experiences—software people can actually do things with. And you don’t need to know a lick of code: The AI will take your…