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Independent bookstores are beacons of hope, offering intangible commodities such as connection, empathy, and knowledge, in addition to physical books. The convenience and discounts of Amazon have long threatened their very existence. Since 2015, Independent Bookstore Day has worked to combat this threat on the last Saturday of April. This year’s festivities fall on April 25. Fast Company sat down with Andy Hunter, founder and CEO of Bookshop.org, to talk not only about the holiday and his organization’s work to offer an Amazon alternative. A cultural awakening around independent bookstores Since the pandemic and continued high cost of living, we as a …

My earliest memory of travel insurance was the life insurance vending machines that used to populate airports up until the early 1980s. For those too young to remember this bizarre part of 20th century air travel, these kiosks offered very short-term life insurance policies that cost $2.50 (paid in quarters) for coverage of up to $62,500. Since these pre-travel policies were marketed to anxious flyers, it seemed clear the insurance companies were capitalizing on fear rather than offering a needed product. Over the intervening decades, I never revised my opinion of travel insurance. I’ve been lucky enough to never need travel insurance, but my family’s recent trip …

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. During the pandemic housing boom, homebuilders saw their number of unsold completed new builds dry up as overheated demand quickly absorbed almost everything for sale. That is exactly what was experienced by D.R. Horton, America’s largest homebuilder, which had just 600 unsold completed new builds for sale in fiscal Q2 2022—compared to 4,700 in its fiscal Q2 2020. However, as the pandemic housing boom ended and the market shifted, U.S. homebuilders saw their unsold new builds spike back up. At the end of its fiscal Q2 2025—the three months ending Ma…

Ikea bed, Ikea sheets, Ikea towels, Ikea desk, Ikea chairs, Ikea curtains, Ikea light fixtures, Ikea trashcans, Ikea clothes hangers, Ikea side tables, Ikea throw pillow, Ikea clock. This is the rough inventory of a room in the world’s only Ikea hotel—the Ikea Hotell in its Swedish spelling—located in Älmhult, Sweden, the same small town where Ikea was founded in the 1940s and where its headquarters still sits. I stayed a night in this very Ikea hotel recently during a reporting trip to Älmhult for a story about (surprise, surprise) Ikea. As one would expect, the lobby, amenity spaces, and hotel rooms themselves are outfitted entirely with Ikea furnishings—Fröset chai…

The missed promotion. The botched presentation. The project that went sideways despite our best efforts. We’ve all been there, stuck in what I call failure’s funk: that heavy mix of shame, fear, and paralysis that keeps us replaying mistakes long after they’ve passed. In both life and work, this funk doesn’t just feel awful, it blocks learning. We’re so busy avoiding, denying, or criticizing ourselves that we miss the insight failure offers. We often hear that failure is life’s best teacher, but learning from it isn’t automatic. It doesn’t happen just because we failed; it happens because we do the inner work, reflecting, reframing, and choosing to respond differe…

Our culture of individualism pushes each person to try to be a star. “Team player” has even come to have the negative implication of subverting one’s own well-being and best advantage, and maybe even becoming invisible to leadership. To counteract these possibly negative effects of selfless invisible toiling, people often strive to make sure leadership sees their individual achievements. But research shows that the culture of individual stars is not what leads to team success. A McKinsey study found that superstar individuals often do not create the best teams: Thinking about themselves first leads to behaviors that disrupt team trust and problem-solving. Google’…

In recent years, nearly half of employees report increased workloads and an accelerating pace of change, so the last thing anyone can afford is doing hard work that doesn’t make an impact. Ambitious workers aren’t afraid of putting in effort, but they want it to contribute to work that matters. Work worthy of our effort creates value on two dimensions: it generates value for others (your organization, customers, or the people around you), and it creates value for yourself through personal meaning and growth. Research shows that connecting to both dimensions taps into our intrinsic and values-based motivation. When those connections are weak, despite being busy, the wo…

Below, Aneesh Raman and Ryan Roslansky share five key insights from their new book, Open to Work: How to Get Ahead in the Age of AI. Raman is LinkedIn’s chief economic opportunity officer. He previously served as senior adviser on economic strategy to the state of California and led economic impact at Facebook. Roslansky, who is CEO of LinkedIn, is also EVP of Microsoft Office and Copilot. What’s the big idea? AI’s impact on work is unfolding in real time—rapidly—and individuals have more agency than they think. By understanding how skills, roles, and industries are evolving, anyone can actively shape their career and stay ahead in the age of AI. Listen to…

Earlier this week, Apple made its biggest announcement of the year, and no, it wasn’t about a new iPhone. The company announced that longtime CEO Tim Cook would be stepping down as chief executive, to be succeeded by hardware chief John Ternus in September. While the timing of the announcement on Monday was unexpected, nearly everything else about the development was not. In fact, Apple’s leadership transition is turning out to be one of the most carefully choreographed CEO shakeups in corporate history. Here’s why, and what comes next. Apple isn’t just any company, it’s a $4 trillion industry leader Any time a CEO changes, uncertainty is introduced—not just at…

News that Microsoft was reportedly planning to pause its carbon removal purchases has rocked the still-nascent carbon removal industry. The company helped drive the market: In fiscal year 2025 alone, it made deals with 21 companies around the world to remove a record 45 million tons of CO2. Those deals included new contracts with companies like Re.green, which is restoring a swath of the Amazon rainforest, and Vaulted, which removes carbon by burying organic waste. Last month, it added a contract with Liferaft, a company making biochar from agricultural waste in the Midwest. The industry uses a wide range of technologies to tackle one part of the climate challenge: at…

Look, we all know the drill. Job hunting is basically a full-time job that pays zero dollars and requires you to be perpetually “passionate” about companies that make, I don’t know, enterprise-grade cloud storage for other cloud storage companies. It’s exhausting. But it’s 2026, and if you’re still copy-pasting your résumé into a hundred different web forms like it’s 2012, you’re doing it wrong. The robots are already screening you, so you might as well hire some robots of your own to level the playing field. Here are five AI-powered job-hunting tools to check out. Teal: Mission control If your job search is currently a mess of saved LinkedIn posts and half…

Managing people is about helping people tap into underutilized reserves and overlooked skills that are indigenous to them, not fixing their habits. The people you manage naturally look to you for answers. They might even ask you to tell them what to do, which creates two major problems: If you tell them what to do, and even if you’re right, they won’t learn anything. If you give clear instructions regarding what to do and things still go wrong, they more than likely will blame you for the resulting mess. This kind of dynamic quietly creates an unhealthy dependency where the employee begins to look to you not just for guidance, but for approval. Anyone who…

As a leadership consultant who helps organizations understand how to apply artistic thinking, one of the lessons I have learned is one of the basic differences between the artistic practice and the business practice—in the former, questioning is the way of life, in the latter answers are the way to go. Artists ask “why” constantly. Why does this exist? Why are things the way they are? Why are we doing it this way? That relentless questioning is how they push past convention—and it’s the engine of genuine creative thinking. Bring that same type of question into most organizations, and something breaks. “Why are we doing it this way?” stops sounding like curiosity. It s…

The wearable breast pump space has never been more crowded. In the last three years alone, dozens of new devices have hit the market, each one positioned as more feature-packed than the last. Night lights. Stronger and stronger suction. Electric charging cases. Massagers and heat, placed with all the anatomical confidence of someone who has never needed to use one during late-night feeding hours, no less examined a woman’s anatomy or the clinical research on breast milk production. Feature innovation is important for a pitch deck you’re putting in front of investors. But from the inside of a nursing room – whether that’s at home, at the park, or in your employer’s pum…

On February 10, 1985, an imprisoned 66-year-old male serving a life sentence was offered a conditional release that would have reunited him with his wife and children, from whom he had been separated for 23 years. The prisoner turned down the offer. His name was Nelson Mandela. In a rejection publicly delivered to the South African government by his daughter at a rally in Soweto, Mandela refused the condition that he permanently walk away from the country’s anti-apartheid movement. “I cherish my own freedom dearly, but I care even more for your freedom,” he stated, unwilling to “sell the birthright of the people to be free.” Mandela would spend another five ye…

When Meryl Rosenthal and her cofounder started a human capital and workplace transformation consultancy in 2005, she was 41 years old. Nine years later, her cofounder left for personal reasons, rendering Rosenthal—by then age 50—a so-called solopreneur. Being a woman of that age and running a business on her own certainly came with challenges. One, she says, was that younger HR and business leaders tended to assume she didn’t have the necessary expertise because her background had not squarely been in HR. Another was a preconception that she—as an older woman—didn’t understand technology as well as her younger peers. None of these things daunted Rosenthal, though…

I have a confession to make. I keep a secret document in my Google Drive titled “Fund Theses That Piss Me Off.” And every time I read about a venture capital fund with a generic, meaningless, or buzzwordy thesis that manages to raise a bunch of money regardless, I copy and paste it into my burn pile. This is how I started to notice a couple of years back how sometimes VCs will make dramatic changes to their thesis and investing focus. And it happens not just at a fund level, but across whole chunks of the industry, too. Take, for instance, climate VC. This was a white-hot category not too long ago. Today, all of a sudden, all the climate funds are gone, or they’v…

Thank you for reading Modern CEO. Before we dive into this week’s topic, please check out our first livestreamed event exclusively for Modern CEO subscribers: On Monday, May 18, at 1 p.m. ET, I’m hosting The CEO’s Guide to AI. Matt Fitzpatrick, CEO of Invisible Technologies, will help leaders understand where AI can have an impact—and what’s hype. You can RSVP here, and if you’re not already a subscriber, you can sign up here. And if you have questions for Matt, you can submit them to stephaniemehta@mansueto.com. One of my first Modern CEO newsletters highlighted the opportunity for CEOs to have constructive conversations with organized labor. It was a contrary take a…

Pity the middle manager. Even before the emergence of AI, these jobs had increasingly become a one-way ticket to burnout and misery. Since 2013, the average number of direct reports has increased by almost 50% to twelve employees, according to Gallup. The same poll revealed that less than one-third of managers are engaged at work, while over a quarter are planning to leave their jobs. Enter AI: The ever-changing chimera, swathed in hype, is now making life more complicated for managers. Executives are bewitched by AI’s promise of productivity. Rank-and-file employees oscillate between fear that AI will take their jobs and overusing it. Those sandwiched in between, the…

Allie K. Miller, one of the most followed voices in the AI industry, says that “by the time you wake up, your AI should have already been working for you for hours.” Formerly the global head of machine learning for startups and venture capital at Amazon Web Services, Miller is among the busiest AI consultants and influencers in the industry, with more than 1.6 million followers on LinkedIn alone. Through her company Open Machine, she advises enterprises and business leaders—including those at OpenAI, Google, Anthropic, and Warner Bros. Discovery—on how to adopt AI. In 2025, Miller was named one of the 100 most influential people in AI by Time. In an interview wit…

If you’ve spent meaningful time in a corporate design role, you’ve probably received some version of this feedback at least once: you’re difficult. Too opinionated. Not a team player. You push back too much. You care too much about things that aren’t your call. I’ve heard this feedback described, almost word for word, by hundreds of designers across industries and career levels. And what strikes me every time is how consistently it describes not a liability, but a set of entrepreneurial instincts that organizations simply don’t know how to hold. The traits that get pathologized in corporate environments (the tendency to question assumptions, to challenge briefs be…

Shares in Qualcomm Incorporated (Nasdaq: QCOM) are surging in premarket trading this morning after reports emerged that the company may be on the cusp of a deal with artificial intelligence giant OpenAI. The deal would see Qualcomm CPUs powering a potential OpenAI smartphone—and would be a further sign that AI may shift from being primarily GPU-powered to CPU-powered. Here’s what you need to know. Will the CPU replace the GPU in the AI space? Currently, the most important computing component underpinning the AI era is the Graphics Processing Unit (GPU). Traditionally, this was a dedicated processor designed to render 3D graphics and video, and it was especiall…