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One of our favorite meme stocks is up more than 9%, but this time it’s for legit business reasons. BlackBerry Limited (NYSE: BB) saw its shares sharply rise Thursday morning following the release of its 2026 fourth-quarter and fiscal year results. The stock has previously been volatile due to BlackBerry’s place in the meme stock craze a few years ago. The Canadian company, once a leader in the mobile phone industry, reported $156 million in revenue for quarter four, a 10% increase year-over-year (YOY). Its adjusted net income also rose by a whopping 92% YOY. On a year-long scale, BlackBerry saw its revenue reach $549.1 million, a 3% jump YOY. “We are no …

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. CEOs, do you know what the public is saying about AI? New polling shared exclusively with Modern CEO by Just Capital, the nonprofit that tracks what the American public expects from business, finds that 66% expect AI will be a net positive for society within the next five years. That’s…

Chipotle, like almost every other fast casual restaurant, has been battling an ongoing period of increased inflation and lower consumer spending. Last year, the company saw what its CEO Scott Boatwright described to investors as a “broad-based pullback in frequency” of customer visits, especially among low- to middle-income customers and younger consumers, due to concerns about the economy. But the burrito chain has a master plan to address that, and it’s currently moving into its next phase: making earning rewards feel more like a game. The company’s fourth quarter report showed a revenue increase of 5.4% to $11.9 billion. But those gains were partially offset by a 1…

Roblox is updating its child protection features again, rolling out restricted Kids accounts for users ages 5 through 8 and Roblox Select accounts for users 9 through 15, both with parental controls and other age-based restrictions. Users will be required to go through an age verification process, generally based on live selfies or a government-issued ID—or be effectively restricted to content approved for the youngest users. Since January, age verification has also been required to use the platform’s chat features, with users under 18 generally restricted to chatting people relatively near to them in age. “We’ll be going through a transition period where we’ll…

There is a persistent belief that food, fuel, and industrial uses compete for the same bushel. In practice, the opposite is increasingly true. Crops have always served multiple markets. What is changing is how intentionally we are designing agricultural and manufacturing systems to serve those markets together. In a previous article I wrote, I focused on how familiar crops like corn and soybeans are finding new life through new demand pathways and molecular innovation. What I see today goes a step further. The same acre is increasingly supporting food, industrial materials, energy applications, and emissions-reduction strategies simultaneously. That convergence is…

More American workers are experimenting with artificial intelligence in their jobs, but skepticism is still widespread. New Gallup polling finds that while more employees are using AI frequently in their work, there’s been an uptick in alarm that new technologies will replace their jobs. Many workers who are not using AI say they prefer to work without it, have ethical oppositions to the technology or worry about data privacy. The poll, conducted in February, points to a divergence in how AI is reshaping American workplaces. Some find it to be a gamechanger for productivity and efficiency, while others are concerned about its potentially negative impacts. Social worker…

After attending a five-day intensive meditation program with friends in 2018, Michael Kirban started meditating twice a day. “I found it energizing,” Kirban, the cofounder and executive chairman of coconut water company Vita Coco, tells Fast Company. “I used to get that afternoon slump and reach for coffee, but the meditation really helped.” Kirban would step away from his desk and set a 20-minute timer. “Over time, I got so annoyed by the bell that would bring me out of [the meditation] that I just stopped setting it.” But what started as a brief meditation practice daily morphed into what’s now an hour-long nap each afternoon. Napping on the clock was once…

When I got the email, I was certain I was going to be murdered. Sent through an obscure contact form on my website, the message said that Jason Alexander had read an article I wrote for FastCompany, and wanted to interview me for his podcast. All I had to do was show up at a nondescript building next to Warner Brothers Studios, come around the back, and enter through an unmarked basement door. “Yeah, right” I thought. “George from Seinfeld wants to talk to me about AI? Scammers sure have gotten creative!” Still, I couldn’t entirely write off the message. Jason Alexander does indeed have a podcast. And a quick check with Gemini showed that the person wh…

When women don’t talk money, they lose it—Emma Grede says it’s time to break the silence. View the full article

AI is already transforming how organizations operate, compete, and create value, and adoption is accelerating across industries. Businesses that are experimenting with AI and learning how to move from initial ideas to deployment are building the infrastructure to deliver value both now and in the future. Those that are waiting—for the technology to mature, for conditions to stabilize, for someone else to figure it out first—risk finding that a competitor has upended their market before they’ve even begun adapting to this new era. Given the current chaos in global markets and geopolitics, the temptation to avoid change and pursue a defensive strategy is strong. But it …

“I would like to introduce our Principal Auctioneer for the Broad Arrow sale today, Lydia Fenet at the Amelia.” As I walk up the steps to the podium to take my place next to the auction reader, I look out at a packed room of over a thousand people sitting and standing around the room. 10, 9, 8. Adrenaline floods my body. Deep breath in. Deep breath out. 7, 6, 5. Shoulders back. Chin up. Eyes forward. I listen as the reader finishes the last minute sale announcement and gives a brief description of the first car we will be selling. 4, 3. As he is finishing the description I open the binder that holds all the auction information in front of me, glancing at th…

At its factory in Illinois, Rivian will soon use more than 100 retired EV batteries in an on-site power system that will help it save money on electric bills. The electric automaker is one of the first customers of Redwood Materials’s new energy storage business, which takes old or discarded EV batteries—in this case, from Rivian’s own vehicles—and deploys them in a second life on the grid. By making it possible to charge when there’s excess energy available and the cost of electricity is low, the project “can generate significant cost savings that directly contributes to a reduction in the cost of our vehicles,” says Andrew Peterman, who runs Rivian’s advanced en…

Macy’s Inc is moving forward with additional store closures in 2026. According the retailer’s website, 14 stores are closing soon nationwide, with shoppers losing their local Macy’s in 12 states. The development is hardly surprising. In February 2024, Macy’s announced it would shutter 150 “underproductive locations” by the end of 2026, although it has since extended that timeline. The company announced the closures as part of “A Bold New Chapter” that will do three things: strengthen the Macy’s name plate, accelerate luxury growth, and simplify and modernize end-to-end operations. Macy’s also owns Bloomingdale’s, a higher-end department store than its n…

The Walt Disney Co. on Tuesday began layoffs expected to lead to 1,000 job cuts across the company. Josh D’Amaro, who in February succeeded Bob Iger as chief executive, announced broader layoffs following a move in January to consolidate Disney’s marketing division. The cuts are expected to fall across the Burbank, California-based company’s traditional television businesses, including ESPN, as well as its movie studio. Employees in product and technology, and in certain corporate functions will also be affected. “Over the past several months, we have looked at ways in which we can streamline our operations in various parts of the company to ensure we deliver the world-…

Yesterday was World Quantum Day, a day dedicated to raising awareness of the physics that powers the quantum computers of tomorrow. But awareness of quantum technology wasn’t the only thing that was rising. So, too, were the stock prices of America’s four major quantum computing companies: D-Wave, IonQ, Rigetti, and Quantum Computing Inc. And today, the stock prices of those four companies are even higher. Here’s why. Quantum computing stocks soar If you’re an investor in any of the so-called Quantum Four quantum computing companies, yesterday was a good day. All four major American quantum computing companies saw double-digit gains yesterday, including: …

Canva built its 265-million-person audience by being the easy-to-use, template-friendly design tool for everyone. And when generative AI arrived, it quickly integrated the technology. Now, Canva is amongst the leading spenders on compute from platforms like ChatGPT, it’s building its own models and acquiring its own AI companies, and it’s launching even more AI design features as part of its Canva AI 2.0 release that it’s announcing today. But the headline marks a deeper, philosophical shift within Canva: From being “a design platform with AI tools” to becoming an “AI platform with design tools.” Connecting with Canva’s CEO, Mel Perkins, I asked about the …

According to Wells Fargo’s recent Money Study, 64% of parents with Gen Z children say their 18- to 28-year-old kids still rely on them for financial support—whether it’s for housing or other expenses. Of the 3,773 U.S. adults surveyed at the end of last year, more than half who are parents (56%) said the monetary support they’re extending to their adult children adds a strain on their own finances. “It’s not surprising that young adults are leaning on both family and nontraditional sources for support, but these dynamics are also putting pressure on parents,” Emily Irwin, Wells Fargo’s head of private wealth planning, said in a press release. “Open communication,…

Sixty years after it invented sports drinks, Gatorade is making a surprising pivot: It’s no longer focusing primarily on athletes. PepsiCo, Gatorade’s parent company, said Thursday that the brand wants to broaden its reach to non-athletes who are looking for ways to hydrate, whether they’re on a long flight, going for a walk or nursing a hangover. New packaging highlights the specific ways Gatorade’s various drinks and powders work and the research behind them. The change reflects U.S. consumers’ booming interest in beverages with perceived health benefits. Jack Doggett, a food and drink analyst with the consulting firm Mintel, said his research indicates 60% of consume…

Have you noticed that in the current discourse around artificial intelligence, the narrative often slips into one of two extremes? There is either a techno-utopian dream of total automation or a dystopian nightmare where human agency is erased. But there are other options! As we navigate this inflection point in civilization, I invite you to consider a third path: pragmatic optimism. And that’s because we are currently in the midst of a human revolution, not a tech revolution. The most successful organizations of 2026 and beyond will not be those that simply use AI to do more things faster. Instead, they will be the ones that use AI as a creativity accelerator, fr…

Trader Joe’s is settling a class action lawsuit for $7.4 million, after a complaint claimed that the grocery giant printed 10 digits—the first six and last four—of customers’ cards on transaction receipts. The 2019 class action lawsuit alleged that Trader Joe’s violated the Fair and Accurate Credit Transactions Act (FACTA) amendment to the Fair Credit Reporting Act. No customers reported identity theft as a result, Trader Joe’s said on the settlement website. However, identity theft is not a requirement to prove a FACTA violation. The court did not rule on the case, and Trader Joe’s’ decision to settle did not confirm the validity of the claims. In the settlem…