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Smokey Bones Bar & Fire Grill, the once-popular barbecue casual-dining restaurant chain, has reportedly abruptly closed all of its remaining locations. The closures suggest a bleak fate for the nearly 30-year-old BBQ brand and come just months after both its direct owner, Twin Hospitality Group, and that company’s parent, FAT Brands, filed for Chapter 11 bankruptcy. Here’s what you need to know. What’s happened? Numerous local media outlets across the country have reported that their Smokey Bones restaurants abruptly and permanently closed yesterday, April 28. Those reports include ones from Indiana’s WANE 15, Pennsylvania’s TribLive, and Rhode Island’…

AI agents have already started buying on behalf of customers. Yet most merchants still lack the infrastructure to serve them. That disconnect sits at the center of PayPal’s first U.S. Agentic Commerce Pulse Survey, based on responses from 498 decision-makers across small businesses, mid-market firms, and large enterprises. Nearly 95% of merchants report that they can already track or observe traffic originating from AI agents, including web crawling from systems like ChatGPT and Google Gemini. But only about one in five have structured their product catalogs in machine-readable formats that those same agents can actually interpret and act on in real time. Many also la…

Five Grand Slam titles and more than a decade as the world’s highest-paid female athlete. But the fiercest competition Maria Sharapova describes may be the one she’s navigating now. In her second act as an investor, entrepreneur, and podcaster, she discusses what the court never prepared her for: the deals she walked away from, the candy brand she built and ultimately shuttered, and what it really takes to sit across the negotiating table from Nike. This is an abridged transcript of an interview from Rapid Response, hosted by former Fast Company editor-in-chief Robert Safian. From the team behind the Masters of Scale podcast, Rapid Response features candid conversatio…

Whatever you think about the charitable gifts of MacKenzie Scott, no one would describe them as small. The novelist and philanthropist gave away $7 billion in 2025. That’s more than her ex-husband Amazon founder Jeff Bezos has given away in his entire lifetime. But when Scott penned her end-of-year essay reflecting on her efforts, she wasn’t focused on eye-popping numbers or dramatic gestures. Instead, she wanted to spotlight the impact of small, everyday acts of kindness. America the generous “It’s easy to focus on the methods of civic participation that make news, and hard to imagine the importance of the things we do each day with our own minds and hearts,…

Australia has proposed taxing digital giants Meta, Google and TikTok on a part of their revenue to pay for news reporters. The government released draft legislation Tuesday it intends to introduce to Parliament by July 2 that would create a financial incentive for the social media companies to strike deals with news organizations to pay for journalism. The platforms’ criticisms included that the proposal was a “digital services tax” that misunderstood the evolving advertising industry and would fail to deliver a sustainable news sector. Australian Prime Minister Anthony Albanese said a monetary value needed to be attached to journalists’ work. “It shouldn’t just be ab…

The long-awaited 2026 FIFA World Cup kicks off in less than 45 days and fans may still be able to score some tickets—although not always for a low price. Soccer’s largest tournament is arriving in North America on June 11, with 16 host cities across the U.S., Canada, and Mexico readying for the quadrennial festivities. But even as the upcoming World Cup has expanded the number of qualifying teams from 32 to 48 countries with over 100 games scheduled, snagging affordable tickets remains difficult. In fact, this year’s World Cup has raised criticism over the sky-high ticket prices leaving many fans out of the stadium. Take the four tickets for the final game that ma…

Bill Ackman has made a lot of noise in recent years. On Wednesday, that noise came in the form of ringing the opening bell on the New York Stock Exchange, in honor of the initial public offering of his hedge fund, Pershing Square. Here’s what you need to know about Ackman’s latest move and the Pershing Square IPO. What is Pershing Square? Pershing Square Inc is the parent company for Ackman’s hedge fund, Pershing Square Capital Management, and the closed-end management company Pershing Square USA. What is being offered on the market? Shares in Pershing Square Inc. and Pershing Square USA are being put on the market in a combined IPO, with two stocks. …

Lots of people claim that writing poetry is something only humans can do. It requires emotion, wordcraft, and the unique body of painful, jubilant lived experience that only a person can accumulate. To which I say, “phooey.” Poems are words. And today’s Large Language Models are incredibly good at manipulating words. An AI should be able to beat the Poes and Frosts of the world at their own game. To put that theory into practice, I teamed up with my friend Jared Bauman, built an AI-powered poem generator, and released it into the world for anyone to discover and use. I never expected what people would do with it. Here’s what happened. Powerful calc…

After Meta announced it would lay off 10% of its workforce next month to offset AI spending, employees swarmed to Blind—an anonymous online workplace forum—to get a few things off their chests. According to a report by Blind provided to Fast Company, posts containing negative sentiment about AI at Meta have grown to 83% since late 2025—that’s a roughly 300% jump since 2024, when just 20% of posts on the site about AI at Meta were negative. “Meta is dead and depressing,” one post on the platform said after the company’s layoff announcements. Cynicism around AI and workplace culture at Meta is pervasive on the platform. “They do not care about the employees any…

California-based Ghirardelli Chocolate Company has voluntarily recalled 13 of its powdered beverage mixes over concerns of potential Salmonella contamination. The storied confectionery says it issued the recall after dairy producer California Dairies recalled its milk powder, which is used in the affected powdered beverage mixes. The Food and Drug Administration (FDA) published a recall notice on Tuesday, April 28. To date, no illnesses have been reported. What products are included in the recall? The recall covers a limited selection of powdered beverage mixes packaged for food service and institutional customers. However, Ghirardelli cautions tha…

Why do CEOs of big AI labs like OpenAI and Anthropic often publicly acknowledge that AI is likely to result in significant job loss? Most AI company CEOs now concede that widespread job loss from AI is coming, while differing somewhat on the timeline. OpenAI CEO Sam Altman has long acknowledged that AI will displace workers. “The real impact of AI doing jobs in the next few years will begin to be palpable,” he said recently. But he often adds that AI will also create new jobs, such as for humans who manage teams of AI agents. Anthropic CEO Dario Amodei has been the most frank and pessimistic when it comes to AI-driven job loss: “I would not be surprised if somewhe…

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The European Union accused Meta on Wednesday of failing to stop underage users from accessing Facebook and Instagram, in violation of the bloc’s tough digital rules that require social media sites to protect minors. The EU’s executive branch said Meta Platforms lacked effective measures to prevent children younger than 13 from signing up, and that it was not doing enough to identify and remove children after they had opened accounts. Meta’s own minimum age to open an account on Facebook or Instagram is 13. The problem is not just that children are getting access. The European Commission said Meta is also inadequately assessing the risk of children younger than 13 being…

When The Devil Wears Prada debuted in 2006, it introduced the world to cerulean blue and the not-so-glam life of fashion and editorial. This spring, as the world readies not for florals but for the film’s sequel, questions around toxic work cultures—and how to handle them—are resurfacing. Fresh discourse on the topic was sparked during the upcoming movie’s press tour, when Emily Blunt—who plays the English, overworked but fashionable first assistant to the editor-in-chief of a magazine—revisited one of her character’s most iconic scenes. In the scene, Blunt’s character (also named Emily), who is wearing Valentino and an early-aughts smoky eye, dashes into her…

Many commentators have called March’s California jury verdict, finding Meta and Google liable for designing addictive platforms that harm children, social media’s “big tobacco moment.” The comparison is apt, but not quite in the way most people mean it. The tobacco litigation story is usually told triumphantly, with a malicious industry that was held accountable, victims that were vindicated, and a dangerous product that is now regulated. What that story leaves out is directly relevant to what happens next with social media. The tobacco litigation succeeded not because cigarettes were addictive, but because the industry had committed fraud. For decades, tobacco co…

Taylor Swift recently filed a series of trademark applications designed to protect the star from AI-enabled impersonations. Swift already holds a wide array of trademarks, but these latest filings, at least one intellectual property firm suggests, serve a new purpose: protecting the timbre and character of her voice itself through what is known as a “sound mark.” In two recent filings, posted April 24 by Swift’s company, the celebrity applied to trademark two recordings. In one, she says, “Hey, it’s Taylor,” and in the other, “Hey, it’s Taylor Swift.” The recordings themselves are not particularly novel, but that is likely beside the point. “The concept of protect…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. While softness—and even outright weakness—remains in parts of Florida’s housing market, the intensity of the downturn in Florida has eased somewhat in recent months. While the ResiClub team is huge fans of looking at year-over-year shifts in home prices—especially when using an index that helps account for mix shift—the truth is that year-over-year changes are also slightly lagging. One way to get ahead of year-over-year home price shifts is by looking at seasonally adjusted month-over-month home price shifts as measured by the Zillow Home Value …

In March 2026, Coca-Cola CEO James Quincey told CNBC that AI had significantly influenced his decision to step down from his post. The company needed, in his words, “someone with the energy to pursue a completely new transformation of the enterprise.” A few months earlier, Walmart’s Doug McMillon stepped aside for essentially the same reasons: he could, he said, start the next big set of AI transformations, but he couldn’t finish the job. According to McMillon, Walmart needed someone faster to lead them into the AI era and so he was passing the baton on to a new CEO. These were not failed CEOs being pushed out. Quincey had added more than ten new billion-dollar brands…

Uber Technologies is doing everything it can to save its customers’ time, but for CEO Dara Khosrowshahi, the company’s sixth annual GO-GET event in New York City was something of a trip through time. On Wednesday, Khosrowshahi and other members of Uber’s leadership unveiled a slew of new features, and also announced Hotels on Uber, a new hotel-booking feature, working in concert with Expedia, a company for which Khosrowshahi previously served as CEO. The feature allows users to book hotel rooms directly in the Uber app, similar to how they’d hail a ride or order food through Uber Eats. Khosrowshahi said that travel was Uber’s “next frontier,” and that “taking all …

San Francisco may have a reputation for being AI-obsessed and chock-full of antisocial tech nerds, but those are only stereotypes—right? A viral post from a San Francisco tech worker brought all the city’s clichés into focus, after he visited New York City and was seemingly amazed by people interested in anything other than AI. Parv Sondhi, a San Francisco-based project manager with experience at Apple, eBay, and UC Berkeley, took to social media to share his observations after spending a week in New York City. In his post, he remarked on seeing “very few AI ads or billboards around” and coming across “way more artists.” Sondhi seemed especially wowed by how s…

Passengers flying with low battery on their phones might be out of luck—at least if they are flying American Airlines. The country’s largest airline is implementing a new policy that will restrict how many portable chargers passengers may bring to the aircraft, citing potential safety concerns from lithium batteries. “We know our customers rely on portable chargers to keep devices powered throughout their journey,” the carrier told CBS. “To support safety on board while ensuring our customers continue to have the ability to charge when on the go, American is requiring customers to keep these devices easily accessible during flight.” The new policy goes into ef…

Google’s transition into the era of artificial intelligence continued to pay off for its corporate parent, Alphabet Inc., which on Wednesday announced another quarter of stellar growth that helped to more than double its already lofty market value during the past year. Alphabet earned $62.6 billion, or $5.11 per share, during the January-March period, an 81% increase from the same time last year. Revenue climbed 22% from last year to $109.9 billion. Both numbers easily surpassed the analyst projections that steer investors. Alphabet’s stock price rose more than 6% in extended trading after the numbers came out, setting up the shares to hit a new high during Thursd…

Jensen Huang, the multibillionaire founder and CEO of chipmaking company Nvidia, was recently awarded the Institute of Electrical and Electronics Engineers Medal of Honor. He received the organization’s highest award for his leadership in GPU development and advancing the field of AI. Huang has built the most valuable company in the world. At the IEEE announcement ceremony earlier this year, he reflected on how it all started. Huang said he went into engineering because he always enjoyed solving math and science problems. Drawn to the challenging nature of the work, he studied electrical engineering at Oregon State University, where he became a member of IEEE and …

I have spent decades in the high-stakes world of finance, in rooms with CEOs, politicians, and men who run major organizations. On paper, these men have everything figured out. But when the doors close and the room gets quiet, a surprising truth tends to surface: They feel profoundly alone. They have golf partners, colleagues, and acquaintances. They can debate politics or dissect a balance sheet for hours. And they know who to rely on when it comes to resolving an issue in the business they know so well. But when life fractures, as it always does, these same capable men don’t know who to call. We are living through what the former U.S. Surgeon General Vivek Mu…

Using AI in the workplace promises significant productivity gains. And using chatbots may make you feel productive, because it they designed to create engagement from users. But, you need to be more explicit about calculating the costs (and opportunity costs) and tangible benefits to your work. That will help you determine whether the AI juice is worth the LLM squeeze. Here are three key considerations. 1. Calculate your time spent using AI When people first started analyzing the downside of smart phones, one of the big data points that got trotted out was how long someone would remain off-task once they picked up their phone. Because apps on your phone are so …