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AstraZeneca laid out plans on Monday to switch to a direct listing of its shares in the United States, as the drugmaker seeks to maximise gains from a booming U.S. stock market, even as it said it was not exiting London. The decision to remain UK-based and listed there will be of some relief to British investors after media reports suggested the Anglo-Swedish drugmaker—London’s most valuable company—was considering ditching its UK listing in favour of the U.S. London’s stock market has been shrinking due to companies moving away for higher valuations and access to deeper capital markets elsewhere, particularly the U.S., prompting listing reforms from regulators to…

Here he is, depicted at six months in office, chiseled and brawny, as mighty as the very nation. Here he is as a Star Wars Jedi wielding a patriot-red lightsaber, rescuing our galaxy from the forces of evil. Here he is taking over Gaza, transforming the strip into a luxury resort complete with a golden effigy of himself. You can be anything, perhaps you were told growing up. Doctor. Astronaut. Maybe, one day, the president. But even the chief executive of the United States, the free world’s leader, frames himself as something more epic — as someone not entirely himself. On the social media accounts of Donald The President and his second-term administration, a new,…

On September 25, Starbucks CEO Brian Niccol informed his employees in a public memo that the company would be cutting 900 corporate roles and closing down stores. However, the memo didn’t share exactly how many stores would close and where they’re located—leaving employees scrambling to compile that information on their own. Starbucks is framing the restructuring as a part of Niccol’s broader “Back to Starbucks” plan, a sweeping initiative designed to return Starbucks to its heyday in the mid-2010s. That includes redesigning store interiors, rethinking menus, and making the ordering experience feel less “transactional.” As of right now, Starbucks is still on …

CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed transcontinental Union Pacific railroad or fire outgoing CEO Joe Hinrichs. The outgoing CEO, who came to the railroad in 2022 after a long career with Ford, focused on repairing CSX’s relationship with its workers and labor unions and unifying the team after a bitter contract fight. But Ancora Holdings, which helped spur major changes at Norfolk Southern, said CSX’s operating performance deteriorated significantly under Hinrichs’ leadership. Hinrichs resigned to clear the way…

Lufthansa announced on Monday it plans to cut thousands of workers as it aims to increase profitability and efficiency, in part by relying more heavily on artificial intelligence. The airline group said it will eliminate a total of 4,000 jobs worldwide by 2030, the majority of which will be in Germany—with a focus on administration roles, not operational ones. “The Lufthansa Group is reviewing which activities will no longer be necessary in the future, for example due to duplication of work,” the company said in a statement. “In particular, the profound changes brought about by digitalization and the increased use of AI will lead to greater efficiency in many are…

Electronic Arts has announced plans to go private in what will be the largest leveraged buyout in history. The $55 billion purchase of the entertainment giant behind franchises that include Madden NFL and Battlefield is set to close in the first quarter of fiscal year 2027. Saudi Arabia’s Public Investment Fund (PIF) will be, by far, the majority investor in EA, one of the largest third-party publishers of video games. Silver Lake and Affinity Partners (whose CEO is Donald The President’s son-in-law Jared Kushner) will own minority interests. CEO Andrew Wilson will continue to head EA. The all-cash deal calls for a buyout of EA stock at a price of $210 per share. …

An experimental medication made from marijuana successfully reduced back pain in a new study, offering further support for the drug’s potential in treating one of the most common forms of chronic pain. The 800-patient study by a German drugmaker is the latest evidence of the therapeutic properties of cannabis, which remains illegal under U.S. federal law even as most states have made it available for medical or recreational use. Health officials in Canada and Europe have previously approved a pharmaceutical-grade form of cannabis for several types of pain, including nerve pain due to multiple sclerosis. In the U.S., the Food and Drug Administration has approved a …

Comcast said on Monday it will appoint President Michael Cavanagh as co-CEO, adopting a dual chief executive model as the company prepares to spin off several NBCUniversal cable networks as part of a restructuring. Cavanagh will take up the new role in January and also join the company’s board, serving alongside Brian Roberts, who will continue as chairman and co-CEO. Several high-profile firms such as Oracle and Netflix have adopted a co-CEO model to better manage their operations as they become more complex and globally diversified. Comcast plans to spin off its NBCUniversal cable channels, including USA Network and CNBC, into a new company called Versant la…

Hillshire Brands, a subsidiary of Tyson Foods, has recalled some 58 million pounds of corn dogs and sausage-on-a-stick products, saying they “may be contaminated with extraneous material, specifically pieces of wood embedded in the batter,” according to the Department of Agriculture’s Food Safety and Inspection Service (FSIS). The problem was discovered after the Tyson Foods subsidiary received multiple consumer complaints, five of which involved injuries. Upon investigation, Hillshire Brands determined that the wooden sticks entered the production process prior to product battering. The FSIS has received no additional reports of injury from consumption of these prod…

Spending on AI infrastructure is now contributing more to U.S. GDP growth than the entire consumer economy, according to new data from the Bureau of Economic Analysis. The comparison, which was posted to Twitter (X) by economist Heather Long on Monday, suggests that hype may not be the only thing propping up the high stock prices and valuations of AI companies such as Nvidia and OpenAI. Here, “consumption” means consumer spending on goods and services for personal use, which traditionally contributes about 70% of U.S. gross domestic product. “AI Spending” means business investment in software and information processing equipment, including data center construction, c…

Maxwell House is doing some downsizing. For a limited time, it’s changing its name to Maxwell Apartment. Just in time for National Coffee Day, the coffee brand owned by the Kraft Heinz Company announced that while supplies last, it’s selling a year’s supply of its specially packaged coffee for just $40 on Amazon, or what it’s calling a 12-month “lease.” It’s the same exact coffee, just cheaper at about 10 cents less per ounce. (It also has a new name for the first time in 133 years.) The brand cites statistics that coffee drinkers could save more than $1,000 a year with the offer compared to daily cafe runs. That’s not enough for a down payment on a home, but it’…

The evidence is mounting. There was a time when a college degree all but guaranteed a job. Not anymore. For decades, entry-level roles served as the primary on-ramp into the workforce for college graduates. They offered young professionals a foothold—an opportunity to build experience, earn income, and grow into long-term careers. But today, that pathway is rapidly eroding. And it’s leaving an entire generation of educated workers without a clear way in. Today’s college graduates are facing one of the most hostile job markets in recent memory, especially when it comes to entry-level roles. The Bureau of Labor Statistics (BLS) reported a 9.3% unemployment rate for …

Across all sectors of the economy, there is a lot of churn in leadership right now going all the way to the top. The C-suite and its equivalent in many organizations has become a merry-go-round. When a new leader is hired into a key role, they must quickly get adapted to how things work in order to make positive changes while breaking as few things as possible. Great leaders have strategies to enable them to engage their new team quickly and institute change effectively. Here are four strategies that are critical. 1. Meet your team In a leadership role, you are likely to have many teams in your portfolio. In order to do anything successfully, you need to know w…

Below, Joe Nucci shares five key insights from his new book, Psychobabble: Viral Mental Health Myths & the Truths to Set You Free. Joe Nucci is a licensed psychotherapist. As a content creator, he contextualizes mental health misinformation. His videos at @joenuccitherapy reached over 10 million people in the first six months of posting and his writing can be found in his newsletter, Psychobabble. What’s the big idea? Psychobabble replaces mental health misconceptions with liberating truths that can help readers avoid misinformation, navigate important debates in the mental health field, and better maneuver their own therapy journeys. The problem is not tha…

The ChompSaw is a power tool made for kids to cut, craft, and create with cardboard. Its unique design makes it perfectly safe for little hands to use and easily carve precise corners or elegant edges through old boxes. Developed by college friends Kausi Raman and Max Liechty, ChompSaw raised $1.2 million in less than a month on Kickstarter and has already sold more than 30,000 units online. The ChompSaw is a winner of Fast Company’s 2025 Innovation by Design Awards. View the full article

If you’re familiar with Gallup data about employee engagement, they have been playing one of their Top 40 hits for decades now. It’s a classic we’ve all heard. The tune? “People don’t quit companies; they quit managers.” We’ve known this for years, but here we are, still stuck in the same leadership crisis. Too many managers don’t understand the difference between managing work and leading people. Here’s the plain truth: You manage the work; you lead humans. And when leaders miss that, the culture and performance pay the price. The brutal truths So, if you’re willing to take a hard look in the mirror, here are seven brutal truths about leadership every leader n…

The world’s best engineers, entrepreneurs, and researchers face no shortage of opportunities. If you’re building the future in frontier technologies like AI, you could base yourself anywhere. So the real question is where. The answer today points north—to Stockholm. The European Commission recently declared Stockholm as Europe’s most innovative region. Ahead of Copenhagen, London, and Zurich, the Swedish capital took the top spot. Not just overall, but on a range of individual indicators, from lifelong learning and share of tech specialists employed to cross-border scientific publications, collaboration between SMEs, patent filings, and trademarks. Right after the…

When I worked in tech, I often heard engineering leaders explain why they couldn’t hire more women or minorities: the so-called pipeline problem. They claimed there simply weren’t enough qualified candidates entering the system, so naturally the pool of diverse talent remained thin. Many of us in the ecosystem called BS. The reality wasn’t a lack of qualified people; it was a lack of imagination, access, and commitment to creating inclusive environments where diverse talent could thrive. Fast forward to my work today in women’s sports. I find myself thinking about that same phrase—this time with a twist. In sports, a pipeline problem is very real, and very serious. Gi…

Square, the point-of-sale system owned by Jack Dorsey’s Block, is announcing a number of new upgrades today—including one that will make it easier for business owners to accept payments in Bitcoin. On Wednesday, the company made three announcements: An expansion of its platform for restaurants (including AI-voice ordering and a bigger, broader Grubhub integration) A conversational AI assistant embedded in its dashboard to answer questions, called Square AI Square Bitcoin: An integrated Bitcoin payment and wallet system for business owners The upgrades and announcements are designed to help business owners control their costs, dig up more insights withi…

“How did you get to where you are in your career?” My interest in this question dates back 45 years to when I was an MBA student at Northwestern University’s Kellogg School of Management. Whenever corporate executives were guest speakers at our classes, I would listen intently as they described what contributed to their career advancement. In the same vein, as I speak with leaders today, I always make a point of asking them what they consider to be the main drivers of their success. Over more than four decades, the two most common responses are: (1) “I worked hard” and (2) “I have several unique skill sets.” As I look back on my corporate career, including as chai…

Fast Company is delighted to make this article available to any student for free. Please request a copy by email. I was sitting on the steps of Duke Chapel at 2 a.m. in December 2023, the Gothic towers looming above me, a 210-foot reminder of everything I was about to walk away from. My phone was exploding with notifications: Y Combinator had just accepted us. ChatGPT had hit 100 million users in two months—faster than TikTok, faster than Instagram, faster than anything in human history. And I was about to break my single mother’s heart. The chapel bells rang twice, echoing across the empty quad. In six hours, I’d be dropping out of one of America’s best univ…

Every working parent has that one thing keeping them from completely losing it. Some have the Mary Poppins-like nanny who knows exactly when to show up with wet wipes and organic muffins. Others swear by meal kits, color-coded Google calendars, or chore charts their family actually follows (unicorn families, basically). For me? It’s a group text. Not glamorous, not particularly organized, but it’s my lifeline. This is where playdates get arranged, last-minute pickup emergencies get solved, and critical intel on the latest stomach bug gets dropped. It’s also where I can admit, “I fed my kids popcorn and blueberries for dinner,” and instead of side-eye, I get heart …

There is a new calculator that shows how President Donald The President’s “big, beautiful” law will affect your 2026 tax bill, and how much additional take-home pay you’ll be getting. The calculator, from the Tax Foundation—an independent, tax policy research organization—looks at the new exemptions and tax write-offs in the massive 940-page One Big Beautiful Bill Act (OBBBA), which was signed into law in July. The savings are the result of the OBBBA extending the 2017 Tax Cuts and Jobs Act, making many of the changes permanent, while adding some new short- and long-term tax rules, including the “No Tax on Tips” provision (which allows eligible tipped workers to d…

Lay’s sells more than 200 flavors of potato chips across the globe. Only one of them puts a potato on the package. That’s because in many ways, the largest potato chip company in the world, Lay’s, is the embodiment of a modernist brand. Hear the word Lay’s and its red and yellow logo pops into your brain, quickly followed by a hallucinated blast of salt on your tongue. The logo is an abstract hero, associated with chips only through constant consumer exposure. But in Lay’s own market testing, it discovered a cost to this approach: Only 42% of people realized that Lay’s potato chips are made from potatoes. Now—as the long, liberal war on ultra-processed food has …

I’ll never forget the first time I saw the power of a group gasp. Years ago, at a Baltimore Ravens game, a film I’d helped create played across the stadium’s newly installed LED screens. In the climactic moment (a close-up shot as the kicker’s foot struck the ball) the entire crowd seemed to freeze, breath held, before erupting in a wave of energy that swept the stands. That’s because the shot was perfectly timed with the real kick-off that started the game. Picture 70,000 people rising to their feet in unison, their collective gasp creating a moment of pure electricity. That wasn’t chance. It was the result of designing an experience where story, environment, and aud…