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On October 27, Treasury Secretary Scott Bessent said that President Donald The President has narrowed down his search to replace Federal Reserve chair Jerome Powell, whose term does not end until May 2026. Powell, who has butted heads with The President over lowering interest rates amid the risk of increasing inflation, has said he will serve out the remainder of his term. After his term ends as chairman, his board term still extends until 2028. The President is expected to announce a Federal Reserve chair replacement as early as December, according to reports. “We’re down to five,” Bessent told reporters as he was traveling with The President on Air Force One…

When AI systems started spitting out working code, many teams welcomed them as productivity boosters. Developers turned to AI to speed up routine tasks. Leaders celebrated productivity gains. But weeks later, companies faced security breaches traced back to that code. The question is: Who should be held responsible? This isn’t hypothetical. In a survey of 450 security leaders, engineers, and developers across the U.S. and Europe, 1 in 5 organizations said they had already suffered a serious cybersecurity incident tied to AI-generated code, and more than two-thirds (69%) had uncovered flaws created by AI. Mistakes made by a machine, rather than by a human, are directl…

I once attended a slide presentation given by an executive in a telcom company. The presentation was highly technical, but that was not the main problem. It was boring because the speaker was using back-to-back visuals and had zero connection to his audience. When the one-hour session came to an end, the entire audience filed out of the room but the executive kept talking. He was so focused on his visuals that he didn’t even realize the audience had left the room. This story illustrates the dangers of using slides. The speaker can easily lose touch with the audience, and the result is that the power you bring as a speaker gets lost. To retain your power when using…

The State Department has enlisted Starlink, the satellite internet service run by the Elon Musk company SpaceX, to support its staff in Jamaica in the event that Hurricane Melissa, a category 5 storm that made landfall Tuesday, disrupts communications on the island nation, the agency says. “We have pre-provisioned Starlink in Jamaica and will use it for communications if necessary,” a spokesperson for the agency said Tuesday night. If the damage is as bad as expected, the agency is likely to use the service for live service in Jamaica, another State Department official told Fast Company. On-location agency staff are likely to use Starshield — a version of the Starli…

NASA wants to reopen competition on its moon lander, a multi-billion-dollar contract for a new space vehicle that will help support one of America’s most ambitious missions yet: going back to the moon — and for good. The space agency’s decision to reopen the contract for the Artemis mission moon lander renews competition between SpaceX, which had previously won the award, and Blue Origin, Jeff Bezos’s space startup. But it also sets off a competition between Texas and Washington, the two companies’ respective home states. Politicians long fought over American space spending, as Fast Company explained a while back. But it’s not clear where they stand, at least for now…

Most climate reports are bleak. Temperatures are soaring. Sea levels are rising. Companies are missing—or abandoning—their emissions targets. But a new report from the nonprofit Energy & Climate Intelligence Unit looks at the surprising amount of progress that’s happened since the Paris climate agreement 10 years ago. Renewable energy has grown faster than every major forecast predicted in 2015. There’s now four times as much solar power as the International Energy Agency expected 10 years ago. Last year alone, the world installed 553 gigawatts of solar power—roughly as much as 100 million U.S. homes use—which is 1,500% more than the IEA had projected. Investo…

After Zohran Mamdani’s campaign aired a commercial that used a Knicks-style campaign logo that wrote out “Zohran” over an image of a basketball, the NBA team asked them to take it down. The Mamdani ad, which aired during the New York Knicks’s opening game last week, shows black-and-white footage of a pick-up basketball game in a park as the narrator says “New York, this is our year.” There’s shots of Mamdani campaigning interspersed with the pick-up game, and the narrator says “Things can be different. Hope is back,” before the Knicks-style logo flashes on the screen over the sound of drums. The Knicks, whose owner donated last year to Mayor Eric Adams, weren’…

United Parcel Service posted third-quarter results that handily beat Wall Street’s expectations and gave details about its turnaround efforts, including approximately 48,000 job cuts. Shares rose more than 7% in afternoon trading on Tuesday. UPS earned $1.31 billion, or $1.55 per share, for the three months ended Sept. 30. The Atlanta-based company earned $1.99 billion, or $1.80 per share, a year earlier. Removing one-time costs, earnings were $1.74 per share. That easily topped the $1.31 per share that analyst polled by Zacks Investment Research were calling for. Revenue totaled $21.42 billion, surpassing Wall Street’s estimate of $20.84 billion. UPS …

Apple suppliers Skyworks Solutions and Qorvo will merge in a cash-and-stock deal to create a radio chip company with an enterprise value of $22 billion. Qorvo shareholders will receive $32.50 in cash and 0.96 of a Skyworks common share for each Qorvo share held at the close of the transaction, which is expected in early 2027, pending shareholder and regulatory approvals. Activist investor Starboard Value, which owns about 8% of Qorvo, has already signed off on the deal. On a conference call with investors Tuesday, Skyworks said its biggest customers also expressed approval of the merger. After closing, Skyworks shareholders will own roughly 63% of the combined…

ChatGPT wants to be your personal shopper. PayPal announced Tuesday that its digital payment system will be integrated into ChatGPT, inviting anyone who uses it to shop directly from the chatbot. Starting next year, ChatGPT users will be able to check out with a click through a PayPal account and connect directly with the tens of millions of sellers who rely on PayPal’s payments system. “By partnering with OpenAI and adopting the Agentic Commerce Protocol, PayPal will power payments and commerce experiences that help people go from chat to checkout in just a few taps for our joint customer bases,” PayPal CEO Alex Chriss said in a press release. PayPal’s shares ro…

Two decades after a Republican-controlled Congress gave gun manufacturers immunity from being sued over crimes committed with their firearms, blue state Democrats upset about gun violence think they’ve found a way to penetrate that legal shield. Since 2021, 10 states have passed laws intended to make it easier to sue gunmakers and sellers. The newest such law, in Connecticut, took effect this month. It opens firearms manufacturers and retailers up to lawsuits if they don’t take steps to prevent guns from getting into the hands of people banned from owning them, or who should be suspected of intending to use them to hurt themselves or others. Other states have allo…

A new internet theory about American politics and society just dropped. From anti-vaxxers to AI slop, everything can be explained by one simple idea: Everyone is twelve now. In September, Bluesky user and musician Patrick Cosmos (@veryimportant.lawyer) posted, “working on a new unified theory of american reality i’m calling ‘everyone is twelve now.'” He continued: “‘I’m strong and I want to have like fifty kids and a farm’ of course you do. You’re twelve. ‘I don’t want to eat vegetables I think steak and French fries is the only meal’ hell yeah homie you’re twelve. ‘Maybe if there’s crime we should just send the army’ bless your heart my twelve year old…

With one sweeping gesture, Dar Sleeper hoists the humanoid robot off the ground. Bracing its back with one arm and its legs with the other, he gently carries it across the room and lowers it onto a sofa, where it lies in repose as if catching a quick nap. It’s a slightly surreal scene, but it has a serious point. I am visiting the Palo Alto headquarters of 1X Technologies, and Sleeper, the company’s VP of growth, is demonstrating that Neo, its home robot, is a lightweight at a mere 66 pounds. That’s a crucial design feature, given that a weighty domestic bot could prove hazardous if it toppled over in the vicinity of a human, a pet, or just a pricey vase. Soon, Ne…

OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation and two crucial regulators, the Delaware and California attorneys general, said they would not oppose the plan. The restructuring paves the way for the ChatGPT maker to more easily profit off its artificial intelligence technology even as it remains technically under the control of a nonprofit. Delaware Attorney General Kathy Jennings and California Attorney General Rob Bonta said in separate statements that they would not object to the proposal, seemingly bringing to an end more than a year of negotiations and announcements about the future …

The latest gambling scandal to rock the NBA is about a real-world event that normal people would never have noticed. In March 2023, the 35-37 New Orleans Pelicans coasted to a 115-89 win over the Charlotte Hornets, who would go on to finish the year with a record of 27-55. The Pelicans never trailed in the game thanks largely to the play of Brandon Ingram, who notched the first triple-double of his career. The ninth paragraph of the recap on ESPN mentions one other factor that may have contributed to the decisive margin of victory: Hornets guard Terry Rozier left the game early, complaining of a sore right foot, and did not return. As alleged by federal prosecuto…

In artificial intelligence, compute and data matter, but people matter more. Behind every breakthrough model, every infrastructure leap, and every “revolutionary” chatbot lies a shrinking pool of scientists, engineers, and mathematicians capable of building them. The defining constraint on the next decade of AI isn’t just hardware: it’s human capital. Across the world, a quiet arms race is unfolding for that capital. The most advanced AI firms, like OpenAI, Anthropic, DeepMind, Meta, Google, and a few in China, are no longer competing just for customers or GPUs. They are competing for brains. The new concentration of intelligence In the past two years…

Apple has become the third company to see its market capitalization top $4 trillion, underscoring its role as one of the leading publicly traded tech companies and making it the second most valuable company in the world. Shares of the company briefly topped $269.53 soon after trading began on Tuesday, putting it above the milestone. Apple was the first company to top $1 trillion, $2 trillion, and $3 trillion in market capitalization. But Nvidia beat it to the $4 trillion mark, on the back of surging investor interest in artificial intelligence. That company’s staggering chip sales have boosted its stock more than 400% since October 2023. Apple’s march to $4 trill…

In many ways, renowned illusionist Rob Lake’s entire life has been building up to his Broadway debut in Rob Lake Magic with Special Guests The Muppets, which begins previews tonight at the Broadhurst Theatre. As a child growing up in Oklahoma, his parents exposed him to theater by taking him to touring shows. The education didn’t stop there. “When they took me to New York, my first Broadway shows were The Secret Garden, The Will Rogers Follies, and Beauty and the Beast, ” Lake tells Fast Company. “I was just so fortunate to be exposed to the arts quite often as a kid.” This early education included the Muppets and their films. “I wore those tapes out so many …

If I were to grade the five boxes across every Strategy Choice Cascade that I have ever seen, the How-to-Win (HTW) box would get the lowest grade—even lower than Enabling Management Systems, which is the least understood box. To remedy the weakness, I am dedicating this Playing to Win/Practitioner Insights (PTW/PI) to Why the How-to-Win Strategy Choice is So Hard: How to Overcome the Challenge. And as always, you can find all the previous PTW/PI here. Key feature of weak HTW choices I have talked extensively about the key weakness of HTW choices both in a previous piece in this series, From Laudable List to How to Really Win, and in my viral video, A Plan is Not a …

Multiple Twin Sisters Creamery cheese products have been recalled following an E. coli outbreak in Washington and Oregon. To date, two adults and one child have reported illnesses linked to the outbreak. On October 25, 2025, Twin Sisters Creamery recalled Whatcom Blue, Farmhouse, Peppercorn, and Mustard Seed varieties of its 2.5-pound round cheese wheels. The cheese wheels were sent to distributors in Washington and Oregon. Some products were further distributed to retail stores for repacking or sold as pre-cut, half-moon-shaped pieces. The products are made with raw, unpasteurized milk and may be contaminated with Shiga toxin-producing Escherichia coli (STEC) an…

UnitedHealth on Tuesday raised its annual profit forecast and said it aims to grow in 2026, in a sign that the turnaround efforts under new CEO Stephen Hemsley were gaining steam. Shares of the company rose more than 5% in premarket trading after the company reported better-than-expected quarterly earnings as the U.S. health insurer kept medical costs in check. The company had set a far lower profit forecast in July after suspending its prior outlook in May, which had sent its shares reeling. The healthcare giant now sees 2025 adjusted profit per share to be at least $16.25, compared with its previous estimate of at least $16.00, and above analysts estimate of…

Bill Gates thinks climate change is a serious problem but it won’t be the end of civilization. He thinks scientific innovation will curb it, and it’s instead time for a “strategic pivot” in the global climate fight: from focusing on limiting rising temperatures to fighting poverty and preventing disease. A doomsday outlook has led the climate community to focus too much on near-term goals to reduce emissions of carbon dioxide and other greenhouse gases that cause warming, diverting resources from the most effective things that can be done to improve life in a warming world, Gates said. In a memo released Tuesday, Gates said the world’s primary goal should instead be to p…

Recently, there has been a rise in reports from consumers that some physical retail stores are running low on pennies, making it difficult for cashiers to give customers exact change. This week, many social media users reported that one of America’s largest grocery store chains, Kroger, was asking customers to use exact change. This has led many to wonder if there is a national penny shortage. The answer is more complex than just a simple yes or no. Here’s what you need to know. What’s happened? Numerous reports this week said customers at Kroger stores were greeted with signs asking them to provide exact change when paying in cash. Among the reports…

U.S. President Donald The President lavished praise on Japan’s first female leader Sanae Takaichi in Tokyo on Tuesday, welcoming her pledge to accelerate a military buildup and signing deals on trade and rare earths. Takaichi, a protegee of The President’s late friend and golfing buddy Japanese leader Shinzo Abe, applauded The President’s push to resolve global conflicts, vowing to nominate him for the Nobel Peace Prize, according to The President’s spokeswoman, Karoline Leavitt. Both governments released a list of projects in the areas of energy, artificial intelligence and critical minerals in which Japanese companies are eyeing investments of up to $400 billion…

A shortage of air traffic controllers caused more flight disruptions Monday around the country as controllers braced for their first full missing paycheck during the federal government shutdown. The Federal Aviation Administration reported staffing-related delays on Monday afternoon averaging about 20 minutes at the airport in Dallas and about 40 minutes at both Newark Liberty International Airport and Austin-Bergstrom International Airport. The delays in Austin followed a brief ground stop at the airport, meaning flights were held at their originating airports until the FAA lifted the stop around 4:15 p.m. local time. The FAA also warned of staffing issues at a facilit…