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Ask the most bullish representatives of big AI companies, and they’ll tell you that robotic colleagues and house staff are just around the corner. A massive market for robotic aids, powered by AI “brains,” could contribute huge sums to the bottom line of tech firms. Elon Musk predicted earlier this year that they could produce $30 trillion in revenue for his companies alone. Picture what those robots are, and your mind’s eye likely conjures an image of a humanoid robot: Two arms, two legs, a head, all in human-like proportions. That’s what the biggest players in the sector like Tesla, Figure and Unitree see, too: Distinctly human-shaped cutting-edge hardware. Yet …

For many high-impact runners, it fels like Mom and Dad are fighting. Strava, the popular fitness-tracking app, is suing the fitness wearable giant Garmin over alleged patent infringement and breach of conduct. The lawsuit, filed Sept. 30 in a Colorado district court, alleges that Garmin is infringing on two patents — segments and heatmaps — and also broke a written agreement between the two companies, as first reported by DC Rainmaker. For many athletes, Strava and Garmin go together like Oakley sunglasses and On Running shoes. A trend report published last year by Strava showed that Garmin’s Forerunner was among the most popular smartwatches for its users. If y…

Skyscanner, a leading global travel booking site, released its 2026 Travel Trends report on Thursday. And the forecast for the year ahead includes trips down the supermarket aisle, literary-inspired itineraries, in-flight beauty routines, and some surprising trending destinations (looking at you, New Haven). If travel in 2025 was about collective experiences, the new travel mindset for 2026 is clear—it’s no longer solely about community connections, it’s about prioritizing travelers’ individual interests and passions. The report also looked at the role AI is likely to play in travel search and planning in 2026: 54% of travelers said they felt confident using AI to…

La Niña, a climate pattern that can affect weather worldwide, has officially arrived. La Niña is fueled by colder-than-normal Pacific ocean temperatures, which then affect the pattern of the Pacific jet steam. It’s the cooler counter to El Niño, which involves warmer-than-normal ocean waters. Both are part of a weather system called the El Niño-Southern Oscillation (ENSO). La Niña conditions emerged in September, the National Weather Service’s Climate Prediction Center said on Thursday. They’re expected to continue through the end of the year, and potentially until February 2026. This La Niña is expected to remain weak, weather experts said, but it could still…

Before I was ever involved in the flower business, I jumped from job to job, trying to figure out where I belonged. I grew up in South Queens, New York, where the role models on my block were police officers and firemen who showed up when others needed them most. Naturally, I thought I’d follow that path and become a cop. That dream shifted into social work, a field that fed my heart but not my wallet. To make ends meet, I took on whatever work I could, flipping houses, tending bar, you name it. Through it all, I never forgot what my dad, a painting contractor, used to tell me: “If you’re old enough to walk, you’re old enough to work.” On paper, none of this looke…

Barack Obama helped Marc Maron lock the gates on his podcast Monday, returning to the show for the final episode after 16 years and more than 1,600 episodes. The former president gave new status to “WTF With Marc Maron” and to podcasts in general when he visited Maron’s Los Angeles garage studio while still in office a decade ago. Obama brought the 62-year-old host, stand-up comic and actor to his Washington office for the last interview. Obama asked the initial questions. “How are you feeling about this whole thing?,” he said, “transition, moving on from this thing that has been one of the defining parts of your career and your life?” “I feel OK,” Maron answered. “I …

Amazon will once again beef up its workforce in the fourth quarter to handle the expected shopping surge that comes with the holidays. This year, though, it could be responsible for nearly half of all seasonal hiring in the retail sector. The retail giant says it plans to create 250,000 jobs in the U.S. That’s on par with the number of people it hired last year—and in 2023. That not only underscores Amazon’s standing among shoppers, but it also puts a spotlight on expected slower sales at some competitors. Seasonal hiring is nothing new. Every year as temperatures get brisker, retailers put the call out for workers looking to make some extra cash and help handle t…

Thirteen months after filing for Chapter 11 bankruptcy protection, Metro Mattress Corp. is set to become the latest brick-and-mortar chain to wind down operations in 2025. The New York-based bedding retailer has disclosed in a court filing that it plans to shutter its remaining stores after some 21 attempts to find a buyer or strategic partner that would have allowed it to continue. Headquartered in Syracuse, Metro Mattress had 70 locations across New York and four New England states when it sought Chapter 11 protection in September 2024. At the time, it said it planned to close roughly two dozen of those stores and refocus its efforts specifically on its New York…

OpenAI and Broadcom have formed a multibillion-dollar partnership to develop OpenAI-designed chips. Under the deal, OpenAI will design the chips to its own specifications and Broadcom will manage the development and fabrication of the chips, as well as help with their deployment. The companies plan to deploy enough chips to require 10 gigawatts of electrical power beginning in mid-2026, and running through 2029. Broadcom stock jumped almost 10% on the announcement Monday. The deal marks the second major move by OpenAI to reduce its dependence on Nvidia, which now dominates the AI chip market—the company announced a partnership with chipmaker AMD last week. …

The Big Apple is taking on the companies behind Facebook, Instagram, Snapchat, TikTok, and YouTube, accusing them of “public nuisance” and spurring a youth mental health crisis in the city. In a 327-page lawsuit filed last week in the Southern District of New York, the city of New York—along with its school districts and health department—alleges that “gross negligence” on the part of Meta, Alphabet, Snap, and ByteDance has hooked kids on social media through “algorithms that wield user data as a weapon against children and fuel the addiction machine.” Over one-third of 13- to 17-year-olds report using one of these social media platforms “almost constantly” and …

If you are one of the millions of Americans who filed for an extension on your federal tax return back in April, you might be wondering if you still need to pay your taxes by October 15 because the government is currently shut down. The simple answer is yes—for most filers. (Two exceptions, though, are if you were affected by a federally declared disaster, or if you were living out of the country on the due date.) This year, many people are wondering if the Internal Revenue Service (IRS) deadline still stands, given the The President administration has furloughed 34,400 of some 74,300 employees, according to agency. That’s over half the current workforce. “Due…

Crypto is here to stay—and you can take that to the bank. Citibank, perhaps. On Monday morning, CNBC reported that Citi is looking to launch crypto custody services next year. Biswarup Chatterjee, the global head of partnerships and innovation in the services business at Citi, told CNBC that the company is “hoping that in the next few quarters, we can come to market with a credible custody solution that we can offer to our asset managers and other clients.” While banks have, traditionally, kept cryptocurrency at arm’s length, primarily concerned about regulatory changes, the The President administration’s embrace of crypto—exemplified by the passage of new laws li…

KPop Demon Hunters took over Netflix when it debuted in August. Next, it’s coming for Halloween. That’s according to Google’s annual Frightgeist report, which uses Google Trends search data to predict the year’s top Halloween costumes across a number of categories. This year’s report, published on October 9, shows that characters from the hit animated movie musical KPop Demon Hunters have snagged all five of the list’s top spots. KPop Demon Hunters centers on Huntr/x, a K-pop superstar trio who double as demon hunters. The members—Rumi, Mira, and Zoey—must protect their fans while facing down a rival boy band made up of demons in disguise, led by the singer J…

JPMorgan Chase will directly invest up to $10 billion in U.S. companies with crucial ties to national security. The investment plan revealed Monday will focus on four areas: supply chain and advanced manufacturing in critical minerals, pharmaceutical precursors, and robotics; defense and aerospace; energy independence, with investments in battery storage and grid resilience; and strategic technologies, including artificial intelligence, cybersecurity, and quantum computing. The investment is part of the bank’s Security and Resiliency Initiative, a $1.5 trillion, 10-year plan to facilitate, finance, and invest in industries critical to national security. “It ha…

There’s an ear-piercing war brewing at the mall. Claire’s, the biggest player in the market, has hit hard times, leaving room for upstarts to impinge on its territory. For 60 years, Claire’s has billed itself as a place for kids and teens to get their first piercings. The company says it has pierced more than 100 million ears since 1978. But after declaring bankruptcy in August (its second bankruptcy in seven years), Claire’s was acquired by the holding company Ames Watson for $140 million. These new owners have plans to turn the business around, including drastically shrinking its retail footprint which had ballooned to more than 1,000 stores. It recently annou…

Uncertainty over the economy and tariffs is forcing retailers to pull back or delay plans to hire seasonal workers who pack orders at distribution centers, serve shoppers at stores and build holiday displays during the most important selling season of the year. American Christmas LLC, which creates elaborate holiday installations for commercial properties such as New York’s Rockefeller Center and Radio City Music Hall, plans to hire 220 temporary workers and is ramping up recruitment nearly two months later than usual, CEO Dan Casterella said. Last year, the company took on 300 people during its busy period. The main reason? The company wants to offset its tariff …

And back up goes Wall Street. U.S. stocks are rallying Monday after President Donald The President said “ it will all be fine,” just days after he sent the market reeling by threatening much higher tariffs on China. The S&P 500 jumped 1.3% to recover nearly half its drop from Friday, which was its worst since April. The Dow Jones Industrial Average was up 483 points, or 1.1%, as of 10:45 a.m. Eastern time, and the Nasdaq composite was 1.8% higher. “Don’t worry about China,” The President said on his social media platform Sunday. He also said that China’s leader, Xi Jinping, “doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help Ch…

“Tron: Ares” powered up the box office grid in the top spot this weekend, but Disney’s third entry in the sci-fi franchise fell short of expectations. Despite some favorable reviews — including a three-out-of-four-star one from The Associated Press — the new “Tron” film starring Jared Leto, Greta Lee and Jeff Bridges earned $33.5 million, according to Comscore estimates on Sunday. The big-budget project, reported to cost around $150 million, arrived 15 years after “Tron: Legacy” opened to $44 million before grossing more than $400 million globally. The latest chapter follows a battle between two powerful technology firms, Emcom and Dillinger, who face off against the s…

Last week, Disney briefed the press on how it’s bringing the entire Hulu catalog into its Disney+ app, with a dedicated tab for accessing Hulu’s more adult-oriented fare. But despite all the headlines you might’ve seen about the Hulu app shutting down, Disney says it’s not happening anytime soon, if at all. According to Disney, the company has no timeline for getting rid of the dedicated Hulu app, and will continue to sell stand-alone Hulu subscriptions. The company still sees Hulu as an important part of its streaming strategy, serving as a catchall for content that doesn’t fall under tentpole Disney brands such as Star Wars and Marvel. Outside of the United States, …

Most American cities have street networks that are engineered for us to comfortably drive much too fast for our surroundings. Even our old, pre-automobile cities have been “upgraded” to make dangerous driving habits easy. Transportation professionals are allowed to use good judgment when deciding how to design city streets, but they often need to be reminded, especially in cities where the state department of transportation has authority. It’s not enough for you as a good urbanist to tell an engineer to make better choices. After all, they’re not a malicious bunch trying to wreck society. They’re conforming to the long-established rules of the industry. The AA…

Long Beach Airport had a trailer problem. Long Beach’s quaint municipal airport originally opened in 1924 when airplanes flew using propellers—and the art deco terminal hadn’t undergone a full-scale renovation since. Instead, it adapted to the increased spatial demands of late 20th and early 21st century air travel, like increased security screening and modern baggage handling, in a rather temporary way: trailers. “It was known as the trailer park airport,” says Michael Bohn, a partner at Studio One Eleven, a Long Beach-based architecture and design firm. “It just became a hodgepodge. You went down these crazy aisles, and through different trailers. They had ven…

Companies operating in the rare earths and mining spaces are seeing their share prices soar this morning as President Donald The President’s latest tariff feud with China enter its second week. Here’s what you need to know. What’s happened? Last week, President The President threatened new tariffs on China as high as 100% in retaliation for the country putting export controls on products that contain rare earth elements. “Rare earths” are a group of elements that actually aren’t rare, but are hard to find and expensive to mine. The elements also happen to be essential to many industries, including technology, automotive, and defense. Rare earths are criti…

Vice President JD Vance on Sunday said there will be deeper cuts to the federal workforce the longer the government shutdown goes on, adding to the uncertainty facing hundreds of thousands who are already furloughed without pay amid the stubborn stalemate in Congress. Vance warned that as the federal shutdown entered its 12th day, the new cuts would be “painful,” even as he said the The President administration worked to ensure that the military is paid this week and some services would be preserved for low-income Americans, including food assistance. Still, hundreds of thousands of government workers have been furloughed in recent days and, in a court filing on Friday,…

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. When we named Tarang Amin Modern CEO of the Year in December 2024, the E.l.f. Beauty chairman and chief executive had racked up a string of notable successes. Under Amin’s leadership, the publicly traded cosmetics company had posted 23 consecutive quarters of net sales and market share growth. E.l.…

Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris’ presidential campaign. Yet you wouldn’t know it from listening to President Donald The President or even some of the inflation fighters at the Federal Reserve. The President told the United Nations General Assembly late last month: “Grocery prices are down, mortgage rates are down, and inflation has been defeated.” And at a high-profile speech in August, just before the Fed cut its key interest rate for the first time this year, Federal Reserve Chair Jerome Powell said: “Inflation, though still somewhat elevated, has …