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Two things that made massive cultural splashes this year — Labubu and “KPop Demon Hunters” — will fill the sky and streets of New York when the Macy’s Thanksgiving Day Parade kicks off this year. Conan Gray and Lainey Wilson will bring the tunes. The Nov. 27 parade begins rain or shine on Manhattan’s Upper West Side and ends at Macy’s Herald Square flagship store on 34th Street, which serves as a stage and backdrop for performances. It will feature 34 balloons, four mini-balloons, 28 floats, 33 clown groups and 11 marching bands — all leading the way for Santa Claus. Here’s key things to know about the parade and how to watch it. What time does the Macy’s Than…

Kohl’s announced on Monday that interim CEO Michael Bender will become the ailing retailer’s permanent new CEO—making him the third chief executive to head the company in about three years. The news comes a day before the Wisconsin-based department store releases its third-quarter earnings report, on November 25 at 9:00 a.m. “Over the past several months as interim CEO, Michael has proven to be an exceptional leader for Kohl’s–progressively improving results, driving short and long-term strategy, and positively impacting cultural change,” board chair John Schlifske said in a statement. Bender has served as interim CEO for the last six and a half months. Shar…

Anthropic launched its newest model, Claude Opus 4.5, putting the company back atop the benchmark rankings for AI software coding. Opus 4.5 scores over 80% on the widely-used SWE-bench, which tests models for software engineering skill. Google’s impressive Gemini 3 Pro, launched last week, briefly held the top score with 76.2%. Anthropic’s Claude product lead Scott White tells Fast Company that the model has also scored higher than any human on the engineering take-home assignment the company gives to engineering job candidates. Of course Opus 4.5 does a lot more than coding. Anthropic says Opus 4.5 is also the “best model in the world” for powering AI agents and…

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. A modest rise in negative equity is emerging across parts of the U.S. housing market, but the overall picture remains far more stable than anything resembling the Global Financial Crisis. Having negative equity—commonly known as being “underwater”—means a homeowner owes more on their mortgage than the home’s current market value. According to ICE Mortgage Technology, just 1.0% of U.S. mortgages were underwater in April 2025. By October 2025, that share rose to 1.6%. That’s an uptick, but still extremely low by historical standards. For comparison, du…

Christmas went on the auction block this week in Pennsylvania farm country, and there was no shortage of bidders. About 50,000 Christmas trees and enough wreaths, crafts and other seasonal items to fill an airplane hangar were bought and sold by lots and on consignment at the annual two-day event put on at the Buffalo Valley Produce Auction in Mifflinburg. Buyers from across the Northeast and mid-Atlantic were there to supply garden stores, corner lots and other retail outlets for the coming rush of customers eager to bring home a tree — most commonly a Fraser fir — or to deck the halls with miles of greenery. Bundled-up buyers were out in chilly temperatures to hear a…

Universal Pictures’ two-part Wicked gamble continues to defy gravity at the box office. Just a year after part one brought droves of audiences to movie theaters around the country, even more people bought opening weekend tickets to see the epic conclusion, Wicked: For Good. According to studio estimates on Sunday, Wicked: For Good earned $150 million from North American theaters in its first days in theaters and $226 million globally. Not only is it the biggest opening ever for a Broadway musical adaptation, unseating the record set by the first film’s $112 million launch, it’s also the second biggest debut of the year behind A Minecraft Movie’s $162 million. “The…

Novo Nordisk’s closely-watched Alzheimer’s trials of an older oral version of its semaglutide drug failed to help slow the progression of the brain-wasting disease, the firm said on Monday, a blow to the obesity drug giant that sent its shares sliding. The trials, which Novo had previously called a “lottery ticket” to underline its highly uncertain outcome, were testing whether the medicine could slow cognitive decline in patients. The setback scuppers hopes for Novo that Alzheimer’s could open a major new market for GLP-1 medicines such as semaglutide, as it faces rising competition to its blockbuster drugs in its core treatment areas of obesity and diabetes. …

Old Brick Farm, where Larry Doll raises chickens, turkeys and ducks, was fortunate this Thanksgiving season. Doll’s small farm west of Detroit had no cases of bird flu, despite an ongoing outbreak that killed more than 2 million U.S. turkeys in the last three months alone. He also avoided another disease, avian metapneumovirus, which causes turkeys to lay fewer eggs. “I try to keep the operation as clean as possible, and not bringing other animals in from other farms helps mitigate that risk as well,” said Doll, whose farm has been in his family for five generations. But Doll still saw the impact as those diseases shrank the U.S. turkey flock to a 40-year low this year…

The Thanksgiving holiday is nearly upon us, which means tens of millions of Americans will be traveling nationwide this week to visit their loved ones and celebrate around the dinner table with them on Thursday. The majority of that travel both to and from Turkey Day destinations is expected to kick off tomorrow, Tuesday, November 25, and run through Monday, December 1, which are the dates the American Automobile Association (AAA) defines as the 2025 Thanksgiving holiday period. It’s the busiest travel period for Americans, even beating out holidays like the Fourth of July and Christmas. While several million Americans are expected to make their Thanksgiving…

Another home furnishings retail chain has sought Chapter 11 bankruptcy protection as it deals with higher costs, reduced sales, a downturn in the housing market, and President The President’s tariffs. American Signature Inc (ASI), parent company of American Signature Furniture and Value City Furniture, said Sunday that it has secured $50 million in debt financing as it seeks a buyer in an auction process. Here’s what to know. What is ASI and why is it bankrupt? Founded it 1948 and based in Columbus, Ohio, American Signature Inc is the parent company of two home furnishings retail chains: American Signature Furniture and Value City Furniture. Combined, the…

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 morning. Being a life sciences CEO is not for the faint of heart. Drug discovery and patent approvals are costly and time-consuming, and even if an executive can steer a company to clinical trials, there’s a very small chance the product will be commercialized. One study says that 90% of clinical dr…

Every good salesperson knows the 7-step process in which you identify and qualify a prospect to understand their needs, then present your offer, overcome objections, close the sale and follow up. It’s proven so consistently effective that its concepts have been the standard for training salespeople for decades. Many business leaders come up through sales and marketing, so it shouldn’t be surprising that they try to use similar persuasion techniques for large-scale change. They work to understand the needs of their target market, craft a powerful message, overcome any objections and then follow-through on execution. Unfortunately, that’s a terrible strategy. The tr…

At 3:20 a.m. on January 8, Steve Gibson and his wife were jolted awake by a phone call: the Eaton fire was approaching their home in Altadena, California, and they had to evacuate. “We left in about 15 minutes,” Gibson says. “So we only took our passports, our insurance papers, three pairs of underwear, and our little dog, Cantinflas.” They thought that they’d be able to come back within a few hours. But they soon learned that their house—and their entire block—had been destroyed. They spent the next few weeks moving from short-term rental to short-term rental, and finally moved into an apartment, though they knew that insurance would only cover the cost temporar…

More children are cashing in their Make-A-Wish requests to meet their favorite content creators, with creator wishes more than doubling in the past decade. Make-A-Wish Foundation has been granting life-changing wishes for children with a critical illness since 1980. Now, alongside A-Listers and sports stars, YouTubers and TikTokers are also flooding requests, Axios reported. Requests to meet content creators make up 32% of the wishes granted within the entertainment industry, per Axios, the second largest source of requests behind the music industry. Several of the creators say they’ve been granting wishes for years and more than 50 creators and influencers …

As a parent, shopping for holiday gifts for your kids can be a dilemma. Of course you want to surprise the little ones with exciting presents, but you also know that most flashy toys won’t hold their attention for very long. They’ll likely lose interest in them within a few days and you’ll be stuck with plastic toy cluttering up their rooms, destined for the donation bin. In addition to being a waste of money, it’s terrible for the planet. What if you could surprise them with something that’s both beautiful and practical? Here’s some ideas for gifts that they’ll be able to use for years. A purse of their own State, $60 At some point, your child will nee…

As I said in previous articles, executives like to say they’re “integrating AI.” But most still treat artificial intelligence as a feature, not a foundation. They bolt it onto existing systems without realizing that each automation hides a layer of invisible human work, and a growing set of unseen risks. AI may be transforming productivity, but it’s also changing the very nature of labor, accountability, and even trust inside organizations. The future of work won’t just be about humans and machines collaborating: It will be about managing the invisible partnerships that emerge when machines start working alongside us . . . and sometimes, behind our backs. The ill…

The line had just died down at Hong Kong’s Apple flagship store on Canton Road when I arrived on what happened to be the release day for the iPhone Pocket, the company’s new and very buzzed-about design collaboration between Apple and Issey Miyake Design Studio. I purchased it immediately—a short one in Sapphire blue, as the cross-body version was already sold out. I observed neither pomp nor circumstance with the overwrought packaging, which I shed on the spot despite its velum-bound elegance and prominent Miyake branding. I was on a working vacation after all, and so I simply looped the Pocket around the strap of my nylon cross-body bag and went about my day in a ci…

As I uploaded a 1940s photo of my grandpa Max and hit a few buttons in Google’s Veo 3 video generator, I saw a familiar family photo transform from black and white to color. Then, my grandpa stepped out of the photo and walked confidently toward the camera, his army uniform perfectly pressed as his arms swung at the sides of his lanky frame. This is the kind of thing AI lets you do now—virtually bring back the dead. As a hilarious Saturday Night Live sketch this weekend highlighted, though, just because we can reanimate our departed loved ones, that doesn’t necessarily mean we should. Grilling the dog The sketch, which The Atlantic has alrea…

When entrepreneurs list their principal reasons for launching a company, small business owners often cite being their own boss, flexibility in setting their working hours, and turning a commercial concept into reality as their main motivations. Now, new data identifies another incentive that may convince future entrepreneurs to take the plunge. According to a recent analysis by the Federal Reserve Bank of Minneapolis, the average self-employed person earns significantly more income during their career than people who work for someone else. However, the report’s findings also note the widely varying levels of income among small business owners, and the length of time u…

As it faces a growing number of lawsuits alleging it helps facilitate child sexual exploitation, online gaming platform Roblox has unveiled a new age verification system. That system, however, could open it up a different sort of criticism. The popular app, which has roughly 151 million users, announced last week that it plans to require a facial age check for all users who utilize the Roblox chat system. User verification can be accomplished by either submitting a government ID or by submitting a selfie, which AI will examine to estimate the age of the user. The verification will begin rolling out in early December in select markets (which do not include the U.S.…