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As of yesterday’s market close, Netflix is the only Big Tech company whose stock is trading at four figures, but that will soon change. The TV streaming giant, whose shares closed at $1,089 on Thursday, has announced that it will initiate a stock split next month. That will send the stock’s price per share much lower, though it will not change the company’s fundamental value. Here’s what you need to know about Netflix’s upcoming stock split. What’s a stock split? A stock split is when a company decides to divide the number of its existing shares in order to create new ones—hence the term “split” the shares. A stock can split by any factor a company wan…
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Our financial system still treats teens like little kids who need to wait their turn. Meanwhile, by the time most Americans turn 13, they have a smartphone in their pocket and are actively participating in the economy. Teens are transacting regularly, and many are earning through digital channels, running online businesses, or pursuing a passion project. There’s a better way. SUPERVISION AND A CONTROLLED ENVIRONMENT We need to give teens supervised access to financial tools earlier in their lives. Let them learn financial responsibility through real experience. Help them build smart money habits in a controlled environment. By the time they hit 18, every te…
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Every technological revolution has its awkward adolescence. We’re living through AI’s right now. Recent research from Stanford and BetterUp has given this moment a name: “workslop.” It’s the flood of hastily AI-generated content that clogs inboxes, clutters presentations, and quietly erodes productivity. The email that reads like it was written by a committee of robots. The strategy document with oddly formal phrasing and zero original insight. The presentation deck that says nothing new. If this sounds familiar, you’re not imagining it. And if you’re a manager watching your team’s output simultaneously increase in volume and decrease in quality, you’re not alone. …
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Americans know AI runs on electricity — and they’re starting to realize they’re the ones paying for it. A recent nationwide survey of more than 1,400 U.S. households found that two-thirds of Americans believe AI is already driving up their power bills, and most said they can’t afford more than a $20 monthly increase. They’re right to be worried. As tech companies pour hundreds of billions into new data centers, the surge in electricity demand is rewriting the economics of the grid — and households are footing the bill for an “AI power tax” they never voted for. The frustrating truth is that this isn’t about running out of power. As prices keep rising and politicians …
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In the defining years of American business, founding CEOs were virtually synonymous with the companies they led. Walt Disney was Disney incarnate; Dale Carnegie came to represent the steel industry itself. These figures were not just company leaders; they were the gravitational center around which entire industries revolved. Those days are gone. Though we still have echoes in modern chief executives like Tim Cook or Richard Branson, these figureheads, too, are becoming rarer. In fact, the average CEO tenure is the lowest in recent history. Over the past three years, CEO turnover has reached record highs, with 58 leadership changes in the S&P 500 alone. This patter…
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Research is clear that multitasking significantly undermines career progress despite its popularity in modern workplaces. But why does multitasking harm workplace productivity? And how can you maintain concentration to get more accomplished? Below, experts share proven strategies that replace multitasking habits with intentional productivity systems to improve focus and work quality. No-Stacking Rule Drives Meaningful Project Completion Trying to multitask is the workplace version of spinning plates . . . except they all end up smashed! In my experience, multitasking is the fastest way to look busy while achieving very little. On the surface, it feels productiv…
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Bill Gates has invested billions over the last two decades to help fight climate change. But in a new blog post, he argues that world is too focused on cutting short-term emissions. “The doomsday outlook is causing much of the climate community to focus too much on near-term emissions goals,” he writes, calling for a “strategic pivot” to focus on “improving lives” by focusing development dollars more on agriculture and disease and poverty eradication. The logic is flawed, and built on a series of false trade-offs that ignore how interconnected climate and development goals are. Gates criticizes the “doomsday” view that climate change will “decimate civilization” i…
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Few objects embody the endurance of the human spirit better than a medal. This Sunday, when the projected 55,000 breathless souls cross the finishing line of the annual TCS New York City marathon, they will be receive a one-of-a-kind medal to remember this achievement. The NYC marathon medal looks different every year. While many previous versions have attempted to etch the experience onto metal, the 2025 medal takes an even more tangible approach. At first glance, the surface of the new medal appears to be brushed with an array of diagonal stripes. But flip it on its side, and you will notice that the stripes are ribbed, and they reflect the actual elevation of the f…
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It’s widely known that social media can quickly turn into a toxic cesspool of hate speech and ragebait, particularly during times of political turmoil. Across social media platforms, amplified by the algorithm, hate often breeds hate. But what exactly makes toxicity so contagious? It turns out, the problem may be coming from within. A study published this month in the Journal of Computer-Mediated Communication, co-authored by Alon Zoizner and Avraham Levy, looked at how social media users react when they’re exposed to toxic posts from people on their own political side, defined as the “ingroup,” compared with those from the opposing side, the “outgroup.” Hig…
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When the new Chevy Bolt arrives early next year, it will start at $29,995, making it one of the most affordable new EVs in the U.S. It’s thousands of dollars cheaper than Tesla’s “affordable” new versions of its Model 3 and Model Y. It’s also significantly less expensive than the average gas car, and like other EVs, it’s cheaper to operate. GM faces major headwinds with the loss of the $7,500 tax credit for electric cars, and it’s scaled back production plans and cut jobs in response. But the new Bolt is so affordable that it could win over consumers even without the incentive. “We wanted to get that under-$30,000 number,” says Jeremy Short, chief engineer on GM’…
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The news that Microsoft is making 9,000 workers redundant this year, with a focus on jettisoning managers, has sent ripples through the business world. Andy Jassey, Amazon’s CEO, explicitly said this summer that AI advances will lead to job cuts. So it’s no wonder that workers all over the world, including one in five Gen Z workers, are “very concerned” that AI will take their job in the next two years (with Americans being more concerned than Europeans), and 32% of U.S. workers believe that AI will lead to fewer job opportunities. AI has advanced to encompass a vast range of skills, not only data-driven ones such as coding and debugging, but also more managerial task…
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Elon Musk is the kind of entrepreneur who likes to have an enemy as motivation—traditional carmakers, the mainstream media, the “deep state.” His newest undertaking, launched October 27, is no exception: Grokipedia is positioned as an alternative to Wikipedia, which Musk claims is biased and “woke.” A product of Musk’s artificial intelligence company xAI, Grokipedia’s inner workings are unclear, but the pitch is that it’s an AI-generated compendium of what Musk calls “truth, the whole truth, and nothing but the truth.” One major factor that makes Grokipedia different from Musk’s other rival-fueled enterprises is that Wikipedia is quite popular, well-liked, and widely …
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Walk into any grocery store to stock up for Halloween and you will discover that, for chocolate treats, you have two basic choices: Will it be Mars or Hershey? I often buy both, but that is beside the point. The point is that the two giants compete for market share, but both enjoy robust sales. In other words, a relatively stable duopoly defines the U.S. chocolate candy market. But it wasn’t always like this. Before the 1960s, the Hershey Chocolate Corp. reigned supreme as the undisputed chocolate king. It was in that decade that Mars went for Hershey’s jugular. Hershey Chocolate’s response brought lasting change to its candy business, the local community,…
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A year ago, direct air capture—technology that pulls CO2 from the air—seemed ready to quickly scale in the U.S. Project Cypress, a massive undertaking in Louisiana designed to capture more than a million tons of CO2 each year, won $50 million in funding from the Department of Energy in early 2024. In Texas, another major direct air capture hub also won funding. Together, the projects were eligible for as much as $1.1 billion from the DOE, part of $3.5 billion Congress set aside for DAC hubs in the 2021 Bipartisan Infrastructure Law. Climeworks, a pioneer in the industry and one of the partners on the Louisiana project, was hiring a U.S. team, scaling up a new plan…
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The consulting firm Accenture recently laid off 11,000 employees while expanding its efforts to train workers to use artificial intelligence. It’s a sharp reminder that the same technology driving efficiency is also redefining what it takes to keep a job. And Accenture isn’t alone. IBM has already replaced hundreds of roles with AI systems, while creating new jobs in sales and marketing. Amazon cut staff even as it expands teams that build and manage AI tools. Across industries, from banks to hospitals and creative companies, workers and managers alike are trying to understand which roles will disappear, which will evolve, and which new ones will emerge. I researc…
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Yes, it’s that time of year again, when most of the U.S. “gains” an extra hour of sleep as we “fall back” from daylight savings to shorter days, colder nights, and standard time. This Sunday, November 2, at 2 a.m local time, we will turn back our clocks to 1 a.m—and that will last until March 8, 2026 (when we will once again usher in daylight saving time). Although getting an extra hour of sleep sounds like a win, here’s what really happens to your health when the clocks change. Darker nights disrupt the body’s natural clock Darker evenings actually disrupt our body’s natural circadian rhythm, our mood, and our metabolism, according to Dr. Zaid Fadul, CEO …
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Imagine starting a new job where your onboarding feels personalized just for you, with an AI assistant guiding you through training, introducing you to teammates, and checking in on how you’re settling in. That level of personalization in the workplace isn’t just a concept for the future – it’s already here and happening more rapidly than many HR departments anticipate. AI is transforming HR in the workplace. In 2026, AI won’t just take over repetitive tasks, but it will fundamentally change how companies hire, onboard, coach, and retain employees. The result is HR teams that are more strategic, data-driven, and more human than ever. After more than a decade worki…
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Improving your work life doesn’t always require sweeping changes. Sometimes, the most effective strategies are the simplest ones, whether that’s protecting time for personal care, restructuring your day for better focus, or carving out moments with family. These small adjustments can reduce stress, restore balance, and promote better productivity and focus. Here, Fast Company Executive Board members share the simple changes they’ve made that have significantly improved the quality of their work lives and why these shifts are worth considering. 1. DESIGNATING ‘OFF-LIMITS’ HOURS I protect my time, headspace, and energy. I have designated hours every day that are …
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Every single day, the average working person plays many roles: sassy coworker, office comedian, and deadline stickler, to name a few. The labor doesn’t stop when one gets home—with new job titles coming into play, such as mom, brother, pet parent, and more. On Halloween, you get to choose which character you want to inhabit instead of having society dictate your role. This frivolity requires forward thinking and planning. If you find yourself running out of time, popular culture and a few easy-to-obtain items can come to the rescue. Here are nine easy costume ideas that range from classic to timely. The Louvre museum robbers This one is perfect for last-min…
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The market for obesity and diabetes treatments remains scorching hot, funneling billions in sales to Eli Lilly and fueling a bidding war over another drugmaker. Lilly said Thursday that its top-selling drugs, Mounjaro and Zepbound, brought in more than $10 billion combined during the recently completed third quarter. That made up over half of the drugmaker’s $17.6 billion in total sales. Separately, Danish drugmaker Novo Nordisk announced plans to buy Metsera Inc. in a deal that could be worth up to $9 billion. That came more than a month after U.S. drugmaker Pfizer Inc. made a nearly $5 billion bid for Metsera, which has no drugs on the market but is developi…
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Two prominent Republicans on Capitol Hill want the Supreme Court to allow a lawsuit to proceed against tech giant Cisco over allegations that the company’s technology was used to persecute members of the Falun Gong religious sect in China. In a Wednesday letter to the The President administration’s top Supreme Court litigator, D. John Sauer, Reps. Chris Smith of New Jersey and John Moolenaar of Michigan urged the administration to side with the Falun Gong plaintiffs and press the court to allow the lawsuit to go to trial. Smith co-chairs the Congressional-Executive Commission on China, while Moolenaar is the chairman of a special China committee set up in the Hous…
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Stablecoins might not send your digital wallet to the moon, but the less speculative side of cryptocurrency is definitely enjoying its moment in the sun. According to a new report from Fortune, credit card stalwart Mastercard wants to make a massive bet on infrastructure that links digital currencies to the normal financial world. Mastercard is in advanced talks to buy the stablecoin startup Zerohash for between $1.5 and $2 billion, Fortune reports. Zerohash, founded in 2017, provides banking companies a toolkit for providing their own cryptocurrency and stablecoin products. If the deal goes through, it would represent a major investment in cryptocurrency infrast…
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Mark Walter is the majority owner of the Los Angeles Lakers after the NBA Board of Governors approved his purchase of a controlling stake from the Buss family. The Lakers and the league confirmed the next step Thursday in a transaction that is expected to close shortly. The sale of the NBA’s most valuable franchise was initially announced in June. Jeanie Buss will remain the Lakers’ governor under the deal for at least the next five years, and she will oversee day-to-day operations “for the foreseeable future,” the team said. Her father, Jerry Buss, bought the Lakers in 1979. But the Lakers are now primarily owned by Walter, the billionaire whose TWG Global in…
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U.S. lawmakers have tried four times since September last year to close what they called a glaring loophole: China is getting around export bans on the sale of powerful American AI chips by renting them through U.S. cloud services instead. But the proposals prompted a flurry of activity from more than 100 lobbyists from tech companies and their trade associations trying to weigh in, according to disclosure reports. The result: All four times, the proposal failed, including just last month. Following a long-heralded meeting between leaders Donald The President and Xi Jinping, the sale of U.S. technology to China remains among the thorniest issues the U.S. faces…
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Hurricane Melissa, which made landfall in Jamaica on Tuesday, October 28, was one of strongest hurricanes to make landfall in the Atlantic ocean ever recorded. And it was supercharged by the effects of climate change. As it approached the Caribbean, Melissa—a Category 5 storm with winds of 185 mph—moved over exceptionally warm waters. The ocean was 2.2°F (or 1.2°C) warmer than average for this time of year—conditions that were “made up to 900 times more likely by human-caused climate change,” according to the scientists at the research nonprofit Climate Central. Carbon emissions from human actions trap heat in the atmosphere, but our oceans absorb most of tha…
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