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Former President Joe Biden returns to the national stage Tuesday to elevate liberal concerns that President Donald The President’s agenda is threatening the health of Social Security. The 82-year-old Democrat has largely avoided speaking publicly since leaving the White House in January. That’s even as The President frequently blames Biden for many of the nation’s problems, often attacking his predecessor by name. Biden is expected to fight back in an early evening speech to the national conference of Advocates, Counselors and Representatives for the Disabled in Chicago. While Biden has made a handful of public appearances in recent weeks, Tuesday’s high-profile address…

OpenAI is going house hunting. The world-leading AI company is reportedly looking for a massive corporate campus of at least 500,000 square feet to house its ever-growing workforce of insanely well paid engineers and support staff. What’s more important than OpenAI’s desire to expand, though, is the company’s choice of where to do it. OpenAI is looking not in the trendy, vibrant heart of San Francisco, but deep in the dull, gray corporate expanses of Silicon Valley. That bucks a major trend in the AI space—and signals a broad and impactful change to the industry. Corporate hermit crabs For generations, America’s most successful tech companies …

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Since the 2008 housing bust and subsequent Great Financial Crisis (GFC), mortgage lending has steadily shifted away from big banks. In the years that followed—amid tighter regulations, higher capital requirements, and elevated litigation risk—many large banks, including Bank of America, JPMorgan Chase, and Wells Fargo, reduced their mortgage footprint. In that void, nonbank lenders, also known as independent mortgage banks (IMBs), such as Rocket Mortgage, United Wholesale Mortgage (UWM), and loanDepot, gained market share. Now, a top Federal Reserve …

Big Bear’s internet-famous bald eagles—Jackie, Shadow, and their three chicks—have been a source of joy for millions of people during these unprecedented times. Unfortunately, that did not protect our feathered friends from tragedy. During a harsh late winter storm, the eldest chick died after the couple worked so hard to nurture it. This heartbreaking loss was a reminder of nature’s brutality and the ability to persevere. Let’s take a look at the timeline of this tragic event, the internet’s reaction to it, and how fans are moving forward, including with a chance to give names to the two surviving chicks: What happened to the baby chick? The week of…

Good news for this Monday: Jackie and Shadow, California’s world famous Big Bear Bald Eagles, are parents again. Fans were able to welcome the two new chicks to the world over the weekend thanks to a web camera maintained by the nonprofit Friends of the Big Bear Valley (FOBBV). Here’s some background information so you can be the resident Bald Eagle expert in your office. When did Jackie lay her eggs? The eggs that hatched this season were actually the second clutch laid by Jackie. The first two were laid on January 23 and 26, but unfortunately ravens breached the eggs while Mom and Dad were away. About a month later, Jackie laid an additional cl…

Jackie, the world-famous Big Bear bald eagle, has been melting hearts and educating the public about her species since 2015, thanks to a web camera run by the California nonprofit Friends of Big Bear Valley (FOBBV). A little more than 10 years later, her admirers have the chance to give back. FOBBV and the San Bernardino Mountains Land Trust (SBMLT) have teamed up to raise money to purchase the property with the goal of preserving the open space. These 62 acres, located on the north shore of Big Bear Lake, are vital not only for Jackie but also for her mate Shadow and their offspring. Developer RCK Properties wants to put 50 custom homes and 55 boat slips inst…

This week, the discount retail chain Big Lots will open dozens of new stores. The openings are the third part of a four-wave relaunch of the brand, which marks a radical turnaround for a chain that was expected to close every store permanently after it filed for bankruptcy last year. Here’s what you need to know about the latest round of Big Lots store openings. Big Lots back from bankruptcy brink Back in December 2024, Big Lots filed for bankruptcy after years of financial struggles. The company announced that it would close all of its 800 stores and permanently go out of business, and it brought in liquidation specialists Gordon Brothers to oversee the closure. …

The employees of bankrupt retailer Big Lots have had to live with a lot of uncertainty ever since the company announced in mid-December that it was going out of business and closing all its stores. Just over a week later, Big Lots announced that it had struck a deal with Gordon Brothers Retail Partners to transfer some Big Lots assets to Variety Wholesalers and other retailers. According to the announcement, that meant some Big Lots locations, between 200 and 400 stores, would stay open and operating, potentially saving thousands of jobs. Unfortunately, there’s yet no word on which Big Lots locations will continue to operate, leaving many Big Lots workers uncerta…

The restructuring firm that took control of Big Lots in the wake of its bankruptcy last year appears to be making progress in its effort to transfer some of the discount chain’s ill-fated locations to other retailers. Several retail companies, including some with ties to nationally recognized brands, have stepped in to take over leases on Big Lots stores in at least 12 different states, according to recent court filings. If the transfers are approved by the court, the spaces are likely to be turned into something other than Big Lots, although some of the retailers have not yet publicly confirmed their plans. Ocean State Job Lot, a discount retail chain with locati…

Fans of Big Lots who were devastated when the embattled retailer filed for bankruptcy last year will be happy to learn that more than 200 locations are expected to reopen by summer. The discount chain, which had initially been expected to close every store, struck a deal in December with Variety Wholesalers, parent company of Roses and other bargain shopping chains, which agreed to take over hundreds of leases and operate the stores under the Big Lots brand. Here’s what you need to know: When are the Big Lots store reopening? The stores are having their soft openings in four “waves,” with the first wave of nine stores having already opened earlier this month, a…

Big Lots continues to trickle back to life after a bankruptcy last year that was widely expected to lead to its demise. The discount retailer will see another 54 store reopenings at the beginning of next month, according to Variety Wholesalers, the North Carolina-based retail company that has taken control of hundreds of Big Lots leases. These “second wave” store openings will span 12 states across the South and Midwest, a Variety spokesperson shared with Fast Company. The stores are expected to open on Thursday, May 1. What happened to the original Big Lots? After suffering declining sales and foot traffic for years, Big Lots filed for Chapter 11 b…

Fans of the discount retail chain Big Lots will be happy to know that the company is just days away from making the second phase of its comeback. On Thursday, May 1, Big Lots will reopen an additional 54 stores, followed by another 78 stores two weeks later on May 15. Here’s what you need to know about the company’s continued retail revival, including which locations will be opening again soon. Big Lots back from the brink Back in September 2024, Big Lots filed for bankruptcy. Like many big box discount retailers, Big Lots had struggled from falling foot traffic and declining sales for years. In December 2024, the company announced it would go out of business a…

Fans of the beleaguered retail chain Big Lots will be happy to learn that the first locations to reopen after its bankruptcy last year are currently undergoing a cleaning, remodeling, and re-merchandising process. Their reopening, the first in a series of four waves of “soft openings,” is scheduled for next month. Here’s what you need to know about when and where Big Lots stores will reopen. Big Lots ‘first wave’ locations Variety Wholesalers, the North Carolina-based retail company that has taken control of hundreds of the ailing retailer’s stores, has confirmed with Fast Company that it is gearing up to reopen some of the locations that it has acquired. As Fa…

For years, it was common for even the biggest tech companies to have annual capital expenditures, or capex, in the single- to low-double-digit-billion range. You might have heard a tech company say it planned to spend $9 billion, $15 billion, or even $25 billion on research, development, and other costs in the upcoming fiscal year. But lately, capital expenditures at the largest tech companies have been off the charts, with some companies now regularly forecasting single-year capex in the hundreds of billions. The driving factor for this is, of course, artificial intelligence (AI). Some of the biggest names in tech are throwing previously unthinkable sums b…

As Big Tech faces criticism for the environmental impact of artificial intelligence, companies have said the technology will actually help solve climate change. But those claims often lack scientific evidence, a new report finds. And when touting the climate benefits of AI, tech companies conflate “traditional AI” with the more environmentally harmful generative AI, a form of “bait-and-switch” that amounts to greenwashing. The report, commissioned by a group of environmental organizations including Beyond Fossil Fuels, Friends of the Earth, and Stand.earth, analyzed 154 statements from tech companies, including those from Google and Microsoft, which purported tha…