Looming recession? Some Silicon Valley executives say bring it on

Tech industry layoffs over the past year have catapulted to dizzying heights. The 60,000 jobs shed so far in 2022 reportedly almost equals the number...

Here’s a look at free speech absolutist Elon Musk’s ties to Chinese censorship

A good portion of Elon Musk’s time since the Thanksgiving holiday has been devoted to attacking Apple, and subsequently the national media, for not...

Whole Foods bans Maine lobsters from stores, putting it in hot water with state politicians

A move by Whole Foods to pull Maine lobsters from shelves, which was triggered by a storewide policy tied to ocean conservation sustainability...

What Biden’s extended student loan pause means for borrowers

The Biden administration has extended its long-running pause on student loan repayments, arguing lawsuits filed by conservative groups and Republican...

‘All-natural’ turkey? Here’s why you might pay extra for nothing this Thanksgiving

Is this “natural” turkey an ethical choice, or have I been duped this Thanksgiving? That’s a perennial holiday grocery-shopping question. And...

Why Apple and Google could be the biggest threats to Elon Musk’s anything-goes version of Twitter

Assuming Twitter can survive the whiplash of being yanked back and forth by new CEO Elon Musk—yet another round of layoffs roiled the sales team...

JPMorgan Chase wants to be your landlord. What could go wrong?

A new joint venture between JPMorgan Chase and a billion-dollar real-estate developer is putting America’s largest bank on the path to becoming the...

Elon Musk is being sued over his gigantic Tesla pay package. Here’s what’s at stake

China first: The untold story of how Starbucks has cozied up to the Communist Party in pursuit of explosive growth

In April, when Howard Schultz returned to Starbucks for his third and—the company swore—final stint as CEO, the company looked as if it needed...

Rumors of pre-Black Friday layoffs at Amazon look like a clear recession signal

First Meta, Stripe, Snap, and Twitter. Now Amazon: A round of mass layoffs is coming for the e-commerce juggernaut. According to reports on Monday,...

WeWork is closing lots of locations soon, but it hasn’t said which ones

WeWork is cutting back on office space in a bid to quit hemorrhaging more cash. The coworking company announced Thursday that it lost $568 million for...

Abortion rights won big on Election Day, even in Kentucky

When will we know the election results? Where and why tight 2022 races could take days or weeks

At least 40 million Americans have already voted in the 2022 midterm elections, motivated by everything from the standard election-year issues (the...

‘Best excuses for missing work’: the Google search taking the world by storm in the RTO era

The novel legal strategy that killed Penguin’s merger with Simon & Schuster (for now)

Publishing giant Penguin Random House’s bid to acquire rival Simon & Schuster—a move that would’ve combined America’s No. 1 and No. 4...

Liberal policies could have saved 171,030 lives, study finds

It’s now November, which means it’s the season for the American pastime of being sick of hearing about the election. But new research might give...

Why the Midwest is a curious outlier when it comes to trusting businesses

Poll after poll lately reflects that American faith in common good and democracy has been shaken. But there’s one institution that U.S. citizens...

Weed is coming to Circle K

Green Thumb Industries, a billion-dollar global cannabis retailer, announced Wednesday that it’s signed a deal with the convenience-store brand...

Why you should worry about the Kroger-Albertsons grocery store merger

This past Friday, Kroger announced plans to acquire Albertsons, the nation’s second-largest grocery chain after Kroger, creating what seems to have...

Social Security benefits are getting their biggest boost in 40 years. Here’s why

The U.S. government on Thursday announced the biggest cost-of-living adjustment to Social Security benefits since the early ’80s—8.7%. The boost,...

Millennials are losing faith in stocks and bonds. Here’s what they’re investing in instead

In just a little over two decades, millennials and Gen Zers are expected to inherit $73 trillion from the baby boomer generation—a historic transfer...

Texas Christian activists are seeking to deny Civil Rights Act protections to bisexuals

A prominent antigay activist and a Texas evangelical church are employing a lawyer from a legal nonprofit started by former Trump adviser Stephen...

Tesla just recalled one-third of all the cars it’s ever produced

Today, Tesla warned electric vehicle owners that if they’re betting people, the odds are pretty decent—about than 1 in 3—that their car has a...

The labor movement isn’t just about wages anymore, says U.S. Labor Secretary

When the White House met this May with union organizers at Starbucks, Amazon, and other companies, Labor Secretary Marty Walsh expected this...

Wegmans yanking its self-checkout app because of theft reveals a fraught quandary for retailers

Wegmans says shoppers were big fans of its self-checkout app that allowed them to scan groceries as they shopped and pay with a quick swipe of the...

Credit Karma might owe you money over fake ‘pre-approved’ card offers: Here’s how to find out

The Federal Trade Commission (FTC) is ordering Credit Karma, the free personal-credit monitoring site, to pay $3 million to users who received...

Here’s how California’s landmark ‘fast-food council’ could boost wages and change the industry

Starbucks illegally denied pay and benefits to thousands of unionized workers, says NLRB

The National Labor Relations Board has sided with workers who claim Starbucks broke labor law by withholding wages and benefits from unionized...

‘We still have a lot to prove’: VC-backed union startup responds to skepticism around its model

Jamie Earl White grew up in a rural Texas town near Uvalde where there was a clear resources divide between “the ranching class and the non-ranching...

Trader Joe’s workers say it closed its sole NYC wine shop because they wanted to unionize it

Trader Joe’s only New York City wine store, a spot known for its hour-long holiday lines, abruptly closed on August 11, leaving a swirl of rumors...

Adam Neumann thinks we want ‘community-driven’ living, but how has that worked out in the past?

Everybody’s curious: What exactly is Flow, Adam Neumann’s new rental-housing startup that’s apparently snagged the largest check ever written by...

How do nonunion employees feel about the union boom? 70% would consider joining one

Since last October, federal petitions filed by workers to vote on unionizing have jumped by a staggering 60%, according to the National Labor...

0% inflation is nice, but this number from today’s CPI report is even more encouraging

Wednesday finally brought Americans some good news on the inflation front. The Labor Department reported that consumer prices rose 0% for the month of...

This local woman’s app is delivering Puerto Ricans fresh produce—and greater food sovereignty

This story is part of Fast Company’s Most Creative People in Business 2022. Explore the full list of innovators who broke through this year—and...

No one likes audits, but more IRS agents could bring its workforce closer to historical norms

Democrats are gambling that a bigger IRS will equal a better IRS. The sweeping Inflation Reduction Act passed yesterday by the Senate allocates $80...

American-made GE light bulbs are going extinct. Union workers say they ‘hold GE responsible’

Once the essential titan of American industry, General Electric turned heads in November when it revealed plans to break itself into three smaller...

Spilled milk: Oatly recall and missed earnings cap a tough week for the popular brand

Oatly’s oat milk is among 53 products being yanked from shelves nationwide over possible bacterial contamination. The Food and Drug Administration...

Starbucks failed to extend pay hikes to unionized stores, and labor organizers are furious

Union organizers are demanding that Starbucks rethink its decision this week to exclude baristas at unionized stores from a big pay hike that was...

Wells Fargo won’t commit to union neutrality, and bank employees are preparing for an ugly fight

Workers behind an unprecedented union drive at Wells Fargo are now trying to enlist congressional allies in their battle. Though employees have...

The strongest dollar in 20 years is wiping billions off U.S. company earnings. Here’s why

The value of the U.S. dollar is the strongest it’s been in a generation, which means Americans planning vacations to Europe or wiring cash to family...

‘Fantastical claims’ and Stephen King: Penguin Random House and DOJ face off for antitrust battle

The Justice Department’s ambitious bid to stop Penguin Random House from buying rival publisher Simon & Schuster has started taking on more of the...

Harvard study: Knowledge workers can’t stop reading and replying to emails while they drive

Ninety-five percent of Americans call distracted driving “extremely dangerous,” and federal campaigns to stop activities like texting behind the...

Amazon’s $3.9 billion One Medical acquisition is already raising data privacy concerns

Amazon announced on Thursday that it’s buying One Medical, the subscription-based primary-care provider, in a $3.9 billion all-cash deal—one of...

Report: The Kremlin may seize U.S. companies’ Russian assets—and investors are unaware of the risk

Despite valiant-sounding verbal commitments, many Western companies still haven’t fully exited Russia. As the war’s consequences cut deeper into...

The age of ‘greedflation’ is here: See how obscene CEO-to-worker pay ratios are right now

Recently, the word “greedflation” has caught on to explain the out-of-control prices U.S. consumers are facing. It argues the rising cost of gas...

‘Highly elevated’ June inflation numbers put Biden on the defense

Inflation surged to 9.1% in June, a new 40-year high that has policymakers racing to rein that number in without triggering a recession. Meanwhile,...

Can anything stop the rise in CEO pay? Apparently, not Trump-era tax policies

The sky-high pay of American CEOs often feels invincible. The New York Times recently walked readers through how Elon Musk’s “landmark”...

This AI algorithm supposedly predicts big-city crime before it happens. Is that a good idea?

A group of social scientists at the University of Chicago claim to have invented a computer algorithm that can predict future crimes up to one week in...

Report: Many large companies that vowed to leave Russia are still active there

After Russia’s unprovoked invasion of Ukraine, company after company worldwide announced intentions to leave the market. Some had larger toeholds...

Workers who joined Starbucks for transgender health benefits worry they are now at risk

Earlier this year, an Arizona woman whom we’ll call Kelly was completing the paperwork required to get facial feminization surgery. She was...