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e.l.f. Beauty (NYSE:ELF) announced on Wednesday that it has signed a definitive agreement to acquire rhode, the beauty brand founded by Hailey Rhode Bieber, alongside its Q4 earnings for the fiscal quarter ending March 2025. (Shares of ELF closed down over 1% Wednesday afternoon, before the news was announced.) “e.l.f. Beauty found a like-minded disruptor in rhode,” said e.l.f. chairman and CEO Tarang Amin. “rhode further diversifies our portfolio with a fast-growing brand that makes the best of prestige accessible.” According to a press release sent to Fast Company, the deal is built on “both brands’ shared focus on disruption and product innovation, setting 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. 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.…

Arborists are turning vacant land on Detroit’s eastside into a small urban forest, not of elms, oaks and red maples indigenous to the city but giant sequoias, the world’s largest trees that can live for thousands of years. The project on four lots will not only replace long-standing blight with majestic trees, but could also improve air quality and help preserve the trees that are native to California’s Sierra Nevada, where they are threatened by ever-hotter wildfires. Detroit is the pilot city for the Giant Sequoia Filter Forest. The nonprofit Archangel Ancient Tree Archive is donating dozens of sequoia saplings that will be planted by staff and volunteers from A…

We all call planet Earth home and benefit from having a healthy dwelling place. Earth Day, which is today (Wednesday, April 22), is a great time to reflect on our responsibility to maintain and preserve this sanctuary for future generations. Let’s take a look at the history of the holiday and some of the festivities and demonstrations taking place around the world this year. Who created Earth Day? While it is now a global event, Earth Day was first conceived by Senator Gaylord Nelson of Wisconsin and Representative Pete McCloskey of California, and held on college campuses in the United States in 1970. The men were inspired by the student anti-war protest …

Imagine sitting with friends in front of a charcuterie board and a bottle of Syrah at a French bistro. If you reach for your smartphone, a waiter blows a referee’s whistle, issues you a “penalty card,” and tells you a second infraction will get you eighty-sixed. Such faux-pas enforcement is routine at Le Petit Jardin in Montpellier in southern France, which implemented a strict “no-phone use” policy in 2017. While this approach seems farcically extreme, the idea of restricting phone use in restaurants and bars is gaining traction in the U.S., and not just in the “coastal elite” cities. Sneaky’s Chicken, in Sioux City, Iowa, for example, offers compliance incentives: …

You can find plastic containers storing food in just about every grocery store. But a new study makes a strong case for never eating out of a plastic container, especially those meant to be heated, ever again. The new study, published in Ecotoxicology and Environmental Safety, found that eating out of plastic containers, even for a short period of time, is alarmingly dangerous for heart health. The research demonstrated that particles from plastic containers were able to leach into food products, and those particles had a clear, and very fast-moving impact on changes that lead to heart failure. The study was performed in two parts. The first polled 3,000 people o…

Behind the remains of a town scorched by fire, the foothills are lush with new green and filled with birdsong. Wildlife is returning to the Eaton Fire burn area and scientists are closely tracking it four months after the Los Angeles area wildfires tore through the Angeles National Forest and destroyed hundreds of homes and businesses in Altadena. Trail cameras installed by a group of volunteers documented the first mountain lion back in the area March 26. It was seen again as recently as two nights ago. “My first inclination was to share that to people who have lost so much during this fire and our community in Altadena, because it’s a sign of hope that nature’s retur…

eBay is laying off about 800 employees, or 6% of its full-time workforce, saying the move is a push to align with its “strategic priorities.” It comes a week after the company announced it was acquiring second-hand clothing app Depop from rival Etsy for $1.2 billion. Depop is popular with millennials and Gen Z, and is part of eBay’s bid for younger consumers, who are gravitating to second-hand shopping online for sustainability and financial reasons. eBay Inc. (EBAY) was trading up 3.3% in midday trading at the time of this writing. This is eBay’s third round of layoffs since 2023. The online second-hand retailer cut 1,000 jobs in 2024 (9% of its workforce), a…

GameStop Corporation has proposed to buy the online auction giant eBay Inc. for $125 per share, or a total of roughly $56 billion. “The offer represents a 46% premium to eBay’s unaffected closing price on February 4, 2026, the day GameStop started accumulating its position in eBay,” reads a press release from the video game retailer. “GameStop has built a 5% economic stake in eBay through derivatives and beneficial ownership of common stock.” Here’s what you need to know about the unusual move: What did GameStop propose? The deal, as proposed, would comprise 50% cash and 50% GameStop stock. Ryan Cohen, who took over as GameStop’s CEO in 2021, would remain …

Since 1920, the outdoor recreation brand Eddie Bauer has pioneered innovative apparel and sports gear designs for outdoorsmen in America. Now, in another blow for physical retailers, sources say that all of the brand’s North American stores are on the chopping block amid an impending bankruptcy filing. According to a person close to the matter, the company that owns the license to operate Eddie Bauer stores in both the U.S. and Canada, Catalyst Brands, is gearing up for a Chapter 11 bankruptcy filing that could potentially shutter all of the brand’s North American stores. The bankruptcy would be limited to the entity that operates the stores, the person said. …

After weeks of rumors, the company that operates Eddie Bauer stores in the United States and Canada has filed for Chapter 11 bankruptcy protection. As part of the proceedings, Eddie Bauer LLC, which is owned by Catalyst Brands, is planning to wind down operations and close all of its remaining stores. Catalyst also oversees operations for brands including Lucky Brand, Aéropostale, Nautica, Brooks Brothers, and JCPenney. The company is currently on the lookout for a buyer that could potentially acquire some portion of the Eddie Bauer’s stores. In the meantime, though, a total of 175 Eddie Bauer locations will close their doors in the coming weeks. Here’s what you …

The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share their insights with our audience. Members pay annual dues for access to peer learning, thought leadership opportunities, events and more. We all want our companies to make a real difference, but how often does our message truly cut through the noise? It’s a complex challenge: How do we ensure our genuine efforts to create social impact actually resonate with the people we want to reach? Because in today’s world, simply doing good isn’t enough; we need to communicate the impact of that work effectively to build trust and inspire re…

Bird flu is forcing farmers to slaughter millions of chickens a month, pushing U.S. egg prices to more than double their cost in the summer of 2023. And it appears there may be no relief in sight, given the surge in demand as Easter approaches. The average price per dozen nationwide hit $4.15 in December. That’s not quite as high as the $4.82 record set two years ago, but the Agriculture Department predicts prices are going to soar another 20% this year. Shoppers in some parts of the country are already paying more than double the average price, or worse, finding empty shelves in their local grocery stores. Organic and cage-free varieties are even more expensive. Some …

U.S. egg prices have fallen 60% from last year’s record highs, making it easier for consumers to fill their Easter baskets and Passover Seder plates. Bird flu was to blame for elevated retail prices during the first five months of 2025, and the course of the highly contagious disease is a big reason why prices are much lower now. An outbreak forced farmers and commercial producers to slaughter entire broods of egg-laying hens, but ebbing cases in the second half of last year helped restore egg supplies, said Mark Jordan, the executive director of agricultural research firm LEAP Market Analytics. The stubborn outbreak is still affecting U.S. poultry flocks, with the numb…

Vega Farms, a California-based food producer, has voluntarily recalled Vega Farms-branded in-shell eggs due to a Salmonella outbreak that has sickened more than 60 people and led to more than a dozen hospitalizations. Here’s what you need to know about the outbreak, impacted products and retailers, and what to do if you have the recalled eggs in your possession: How many people got sick? In a notice posted on Friday, December 12, the California Department of Public Health (CDPH) warns businesses and consumers to avoid eating, serving, or selling recalled in-shell Vega Farms eggs. According to the agency, 63 California residents have reported illnesses lin…

Eileen Gu, the 22-year-old Chinese freeskier who just became the most decorated Olympian in women’s freestyle skiing, stood up for herself when speaking to a reporter at a press conference this week. In doing so, the skier unwittingly gave women everywhere an absolute masterclass in knowing their worth. The skier, who previously earned a gold medal and two silvers at the Beijing winter games in 2022, has earned two more silver medals at the current Milan Cortina games, becoming the most decorated athlete in her sport. And she’s not finished yet—Gu is still set to compete in the women’s halfpipe qualifier on Thursday and the halfpipe final on Saturday. The skier is al…

This desert city gets less than 9 inches of rain a year and experienced the two hottest years in its recorded history in 2023 and 2024. But El Paso Water started planning decades ago for this hotter, drier climate. Last Thursday, the utility broke ground on its latest project to secure water for the city of 700,000: an advanced water purification facility that will deliver 10 million gallons per day of purified water from the city’s wastewater stream directly into its drinking water supply. El Paso’s Pure Water Center, which will go online by 2028, is the first direct-to-distribution reuse facility in the country. Treating wastewater for reuse as drinking water …

As founder, chair, and CEO of the Exceptional Women Alliance, I am privileged to engage with extraordinary female leaders across industries. This month, I spoke with Shari Hofer about a workforce issue hiding in plain sight: eldercare. For many organizations, caregiving is still viewed as something employees manage quietly outside of work. According to the 2025 Caregiving in the US report, released by AARP and the National Alliance for Caregiving, approximately 63 million Americans provide family care, with almost 48 million providing unpaid care to adults. The 2021 AARP report estimated that the economic value of care was over $600 billion annually. Today, these prof…