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Last year, the CEO of the department store chain Kohl’s (NYSE: KSS) announced the closure of 27 locations in order to help shore up the company’s struggling finances. But in November, a new CEO took the helm, prompting many to wonder whether he would implement additional store closures. Now that CEO has made his plans clear. Here’s what you need to know. Kohl’s shut 27 stores in 2025 In January 2025, Kohl’s announced it was closing 27 underperforming locations in 15 states, as well as its San Bernardino E-commerce Fulfillment Center (EFC) in California. At the time, the company’s then CEO, Tom Kingsbury, said the closures were a “necessary” step “to suppo…
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Usually, all-nighters are for college students and people worried about losing their jobs if they don’t deliver. And if there’s one thing that Ryan Coogler—writer, director, and producer of Sinners—has demonstrated over his career, it’s that he delivers. Yet on this February afternoon—a day before his blood-soaked Southern Gothic blockbuster would become the most Oscar-nominated project in cinema history—he’s sitting across from me in a knit monochrome tracksuit and thick-rimmed glasses, looking rather sleepy. “My bad, bro,” he tells me after briefly losing his train of thought in the middle of a sentence. “I just pulled an all-nighter trying to get a draft in.” …
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Your first 90 days on a job are often the most important. That’s where you lay the foundation for the years to come and learn more about how your skills best fit into the organization. That’s just as true when you’re launching a startup. The early days of an entrepreneurial endeavor, especially in the fast-growing consulting space, not only help to define how the business is received, but also its trajectory. As the mad dash begins for clients, there are fundamentals that you’ll need to pay attention to and long-term planning you’ll need to focus on at the same time. Get these steps right and you can lay a foundation for future growth. Ignore them, and you could b…
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AI poses an infuriating dilemma: On the one hand, it promises to reduce the grunt work present in every job. On the other hand, between the creation of AI slop, and employee fears around job loss, figuring out how to actually reap those benefits creates another job in and of itself. Companies are resorting to a variety of strategies to solve this problem. Amazon tracks how often employees use AI, Microsoft has an internal bootcamp where teams brainstorm how to redesign their workflows to include AI, and Boston Consulting Group has made AI use part of employee performance evaluations. Other companies are taking a different approach: paying employees to experiment…
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Unlike on the popular TV series Severance, most people don’t get to disconnect from what’s happening in the rest of their lives when they arrive at work each day. While employees can take steps to manage their stress and anxiety, it’s also imperative that employers have their backs—and foster a work environment that prioritizes mental health. The constant barrage of unsettling news headlines, economic uncertainty, and concerns about job security create a heavy cognitive load for many American workers that’s only made worse by an “always-on” hustle culture, which also causes burnout. To address this systemic exhaustion, the best leaders are those who practice…
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Last year, when an air quality agency in Southern California proposed a new rule to encourage consumers to buy heat pumps instead of gas heaters, the agency was flooded with 20,000 comments opposing the idea—many more than usual. “Due to the volume and nature of these submissions, South Coast AQMD had concerns about their authenticity,” says Rainbow Yeung, an agency spokesperson. The agency’s executive director got an email thanking him for his “opposition” to a rule that his own team had drafted. To check the validity of the comments, the agency reached out to a small sample of commenters—172 people—to confirm that they’d actually sent the emails. Almost no one respo…
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Introspection? Marc Andreessen’s never heard of it. Speaking on David Senra’s podcast, the cofounder of Andreessen Horowitz, one of the largest venture capital firms, said he has “zero” levels of introspection: “As little as possible. Move forward. Go,” he added. “I find that people who dwell on the past get stuck in the past,” he said in the interview. “It’s a problem at work and it’s a problem at home.” The noted AI accelerationist went on to state that introspection is a “manufacture” of the early 1900s. Sigmund Freud and his peers are held responsible, according to Andreessen, for introducing concepts such as second guessing, guilt and self-criticism. …
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Global energy prices soared Thursday after Iran attacked two oil refineries in Kuwait and a key natural gas facility in Qatar that can supply one-fifth of the world’s liquified natural gas. The attacks added to fears the energy crisis triggered by the closure of the Strait of Hormuz to tanker traffic may be longer and more extensive than feared, with lasting damage to oil and gas production. Brent crude, the international benchmark, rose nearly 6% to $113.77 per barrel, up from less than $73 per barrel on the eve of the war. U.S. benchmark crude was less affected by the latest attacks in the Middle East, rising less than 1% to $96.26 per barrel. The European TTF benchm…
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It’s a tough time out there for creatives. Whether you’re a writer, director, actor, or artist of any kind, the world is short on opportunities—particuarly the kind that pay. But even Academy Award winners like screenwriter and director Barry Jenkins didn’t have a linear path to success, as he shared in a recent panel about how to sustain a career as a filmmaker. Jenkins, the writer-director behind Moonlight and If Beale Street Could Talk, was a panelist at “Behind the Chair: Representation and the Business of Filmmaking,” a seminar on the film industry hosted by the Directors Guild of America. In a one-on-one discussion with fellow director Anu Valia (We Stranger…
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With AI capabilities doubling in a matter of months, agility is no longer a competitive advantage for business leaders—it’s now become a survival skill. “The entire order of companies and the way in which they deliver value and the entire business models that they have been built on for the last few decades or longer are being rewritten in front of us,” Peter Smart, chief experience officer and managing partner of product design firm Fantasy, said during a discussion at the Fast Company Grill at SXSW. “The new agility is coherence: Can you create the conditions by which it’s very clear what we do, what the value is that we produce, and how we’re going to get there?” …
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Nearly 90,000 bottles of children’s ibuprofen have been recalled across the United States, according to an enforcement report this week from the Food and Drug Administration (FDA). Strides Pharma Inc. has recalled 89,952 bottles of Children’s Ibuprofen Oral Suspension following customer complaints of a “gel-like mass and black particles” in the medicine. The India-based company had manufactured the ibuprofen for Taro Pharmaceuticals U.S.A., Inc. based in Hawthorne, New York. The recall comes from Strides Pharma’s Bridgewater, New Jersey, subsidiary. Strides Pharma initiated the recall on March 2, with the FDA labeling it a Class II recall on Monday, March 16…
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Pakistan gets almost all its oil and gas from the Middle East, where U.S. and Israeli bombing of Iran have caused crude prices to blow past $150 a barrel and tankers can’t get through the Strait of Hormuz. But it has one edge in the crisis: a rapid, recent shift to solar power. The country’s solar boom started in the wake of the Ukraine war, when Pakistan couldn’t afford to buy liquefied natural gas and that led to power outages. “It also led to soaring electricity bills,” says Rabia Babar, an energy market analyst at the Pakistan-based nonprofit Renewables First. Some power bills were as much as 30-40% of people’s income, sometimes more than they were spending on…
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Investor and Shark Tank personality Kevin O’Leary said CEOs who blindly pursue AI are “dead in the water”. But the winning formula, he said, is pairing AI with storytelling and critical thinking. On Wednesday, in a post on X, O’Leary wrote: “In business, it’s about critical thinking and communication, period.” He shared the comment alongside a clip from a recent Fox News appearance, where he discussed the renewed relevance of liberal arts degrees in the age of artificial intelligence. Technical fields like computer science—once considered the safest bet for a stable, high-paying job—are increasingly on shaky ground. Rather than a specific set of technical ski…
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If you wake up before sunrise ready to start the day, you’re not alone—and in many ways, the modern world is designed for you. Schools start early. Meetings begin at 8 a.m. And showing up first is still seen as a sign of dedication. Research from the University of Washington confirms this “early riser bias”: employees who start early are rated as more conscientious and receive higher performance evaluations, even when they work the same hours as colleagues who start later. It sounds like an advantage—and it is. But for many early chronotypes, that same structure becomes a trap. Because the day is already tilted in your favor, it’s easy to slide into overwork and under…
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Sure, when chatbots aren’t outright hallucinating, they can be helpful tools for gathering information, generating ideas, and completing tasks. But some of the biggest players in the AI chatbot space—including OpenAI, Google, and Meta—aren’t exactly known for strong privacy protections. So you have to have a lot of blind faith that the data you give to their chatbots won’t be used in ways you might not like, such as building a profile around you and your prompt history for the purposes of advertising or tracking. So, what’s a person to do if they don’t trust Big Tech with their chatbot data? Give up AI chatbots entirely? Luckily, they don’t have to. I’ve been …
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To sell the idea of last year’s Wienie 500 to Oscar Mayer, creative agency Johannes Leonardo used AI to show what a race among the iconic Wienermobiles might look like when they took to the Indianapolis Motor Speedway’s historic oval. “That is an inherently brilliant idea that most people will go, ‘That’s fun,’” said the agency’s CEO, Helen Andrews, during a panel discussion at the Fast Company Grill at SXSW. “It’s a good example of how AI can accelerate creativity, not replace it.” While AI can be a powerful way for brands to accelerate production and analyze consumer data, creative types must recognize that just because they can use these tools doesn’t mean they…
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Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. When Valerie Oswalt became CEO of breakfast and snack products company Kodiak in November 2022, she inherited a fast-growing business with beloved products, dedicated employees, and an outdoorsy vibe, befitting its Park City, Utah, headquarters. She also walked into a company that need…
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Less than two years ago, Sam Altman described advertising as a “last resort” for OpenAI’s ChatGPT, during a Harvard Business School interview. He said he would pursue it if it were the only way to provide global access to high-quality AI services. At the time, the comment stood out—not because ads seemed unlikely, but because it underscored what was at stake. ChatGPT doesn’t win attention the way social platforms do. It wins trust. That’s why ChatGPT’s recent ad launch matters far beyond just the creation of a new advertising surface. It’s a real-time test of whether a product built almost entirely on trust can monetize without fundamentally changing user behavior. Op…
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Augmented and virtual reality companies continue to harness the technology for everything from family entertainment to healthcare and workplace safety. Xreal’s wearable displays offer users new options for integrating AR with workflows and devices, and RayNeo’s ultralight AR glasses deliver AI features and a stunning 43-inch virtual display. AR and VR are even creating innovative forms of entertainment. Cosm has built “shared reality” domes that let spectators immerse themselves in sports and movies as if they were in the stadium or scene, and Immotion’s VR shows bring education and entertainment to a host of zoos and museums. Virtuix takes VR entertainment to the home gy…
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I’m so tired. However, the reasons are good: A fun weekend away A growing business Lots of time with family and friends Still, sometimes sleep suffers. I’m well-aware of what the research says that can entail—health risks and effects on productivity and memory. The idea is that sleep is when the brain has a chance to “clean” itself at night. A recent study in Nature Neuroscience takes a more precise look at something many people have experienced: those brief, frustrating moments after a bad night’s sleep when you simply can’t focus. Instead of looking at sleep deprivation over years or even days, the researchers focused on what’s happening ins…
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Trust hasn’t disappeared from business. It’s been renegotiated. As artificial intelligence moves from novelty to infrastructure, people are changing how they decide who deserves credibility. In Mission North’s 2026 Brand Expectations Index, we surveyed more than 1,500 U.S. adults and knowledge workers to understand what builds trust today, and what quietly undermines it. Some of the results run directly against conventional thinking. Here are five rules for 2026. 1. Visibility alone doesn’t build credibility For years, executive communications equated presence with power: more interviews, more panels, more posts. But only 24% of respondents say frequent CEO…
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We at Fast Company spend all year, every year, researching and assessing companies. When it comes time to identify the Most Innovative Companies in the World, there are four key factors we consider: •Innovation. Did the company create something truly original? •Impact. Did this innovation have a measurable impact on the company and its industry? •Timeliness. Did the innovation happen in the past 12 months? Or, if it’s older, did it bear fruit during this time frame? •Relevance. Does the innovation we’re highlighting connect to larger issues facing industry or society? No company clears the bar unless it meets those criteria. From there, there are p…
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When a new song attributed to country singer Blaze Foley, “Together,” appeared on his Spotify profile last year, something didn’t seem right. For starters, Foley had been dead for more than two decades, and the cover art featured AI artwork of a man who wasn’t Foley, and the song wasn’t uploaded by Foley’s longtime distributor. Fake tracks have appeared on various artist profiles, including easy-listening act The Sweet Enoughs, and Australian bands Alpha Wolf and Thy Art Is Murder. Smaller artists are not safe either, with musician Catherine Brennan taking to TikTok saying “in the past two weeks I’ve had two albums released under my name that are not mine.” Spoti…
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For the first time in 36 years, the old-school Adidas trefoil logo will appear at the World Cup. The vintage Adidas logo shows three leaf-shaped foils with three parallel horizontal lines that cut through the bottom of the shapes. It previously appeared on Adidas World Cup kits until it was replaced by the brand’s triangular three-bars logo in the 1990s. Now, for the 2026 World Cup, the trefoil logo is making a comeback, appearing on the right chest of away jerseys for 25 countries, including Japan, Mexico, and Ukraine. Bringing the old logo back is a nostalgia play. Sam Handy, general manager of football for Adidas, said in a statement that the German sportsw…
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