Business
This CEO just sold his company for $21 billion. It wouldn’t have happened without federally funded research
Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter…
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company
Business
Eli Lilly becomes first health-care company to hit $1 trillion
Silicon Valley’s giants crowd the list of the world’s most valuable companies, but drugmaker Eli Lilly is hot on their heels. The company…
Business
Verizon begins laying off more than 13,000 employees in a bid to ‘reorient’ the entire company
Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must…
Business
Nvidia’s Huang says company has plenty of new chips to sell
Nvidia chief executive officer Jensen Huang said his company has enough new Blackwell chips to meet increasing demand and that business is…
Business
Healthcare AI company Heidi launches Singapore regional hub
The company plans to invest US$8 million in South-east Asia in the next two to three years Healthcare artificial intelligence (AI) company…
Business
Why giving away your company is the ultimate legacy power move
Over the next 20 years, an estimated $84 trillion will change hands in the U.S.; some call this the Great Wealth Transfer, others the…
Business
How my meal delivery company beat the odds to get to profitability
In early 2022, the meal delivery company I founded, Tovala, went out to raise $100mm from venture capitalists. Our business could not have…
Business
Picture this: A DTC-era company that’s thriving
In the late 2010s, at the height of the direct-to-consumer boom, Framebridge founder Susan Tynan was green with envy. Many other…
Business
Grindr chairman steps down amid his bid to take the company private
The West Hollywood-based queer dating app Grindr could soon go private after the chair of the board submitted a buyout bid and stepped…
News
Fast Company and Johns Hopkins University partner for the first-ever World Changing Ideas Summit
Think. Create. Change. These three verbs are the driving force behind the World Changing Ideas Summit, a first-of-its-kind event created…
Business
Sweet news: Hershey Company announces new treats for the holiday 2025 season
Now that Halloween has come and gone, you might have wrongly assumed that candy season is over. Not if the Hershey Company anything to say…
Business
Sweetgreen’s dream of being a tech company is finally dead
On November 6, Sweetgreen announced that it was selling Spyce, its division that developed and made its Infinite Kitchen technology to…
Celebrity
Rod Blackhurst’s Horror Film ‘Dolly’ Lands Distribution Deal With Shudder, Independent Film Company Ahead of AFM (EXCLUSIVE)
Shudder and Independent Film Company have closed a deal for Rod Blackhurst‘s horror film “Dolly” covering North American, U.K., Ireland…
Business
How company culture drives AI strategy success
Many organizations are racing to build AI strategies, but too often they focus on adopting the latest tech, rather than creating the…
News
Trump Admits on Live TV That He Told CEO to Give Him Piece of Company
The CBP chief had originally claimed that Bovino deployed tear gas canisters after he was hit in the head by a rock, but in his hourslong…
Business
Pizza Hut’s parent company weighs selling the chain
Pizza Hut could soon be up for sale. Yum Brands, Pizza Hut’s parent company, said Tuesday it’s conducting a formal review of options for…
Business
Fox Entertainment Acquires Meet Cute, Rom-Com Podcast Company
Fox Entertainment, making another move to embrace creator-driven content, has acquired rom-com podcast company Meet Cute. Terms of the…
Business
‘De-extinction’ startup Colossal Biosciences makes its first acquisition: a company that clones pets
The cloning industry is contracting—ironically, perhaps. On Tuesday, Colossal Biosciences announced that it has acquired ViaGen Pets and…
Business
The CEOs of Honest Company and NWSL on regaining trust from consumers—and employees
When a leader inherits a business in crisis, what decisions can they make to steady the ship and drive positive change? The Honest Company…
Business
Here’s the latest company planning for gene-edited babies
Harrinton’s venture was incorporated in Delaware in May 2025,under the name Preventive Medicine PBC. As a public-benefit corporation, it…
Fashion
Chanel Taps Katie Welch as Head of U.S. Brand and Company Communications
Chanel Inc. has named Katie Welch as head of U.S. brand and company communications, effective Jan. 5. It is a new role. She will report to…
Business
A Bruising Q3 at Puma as Company hits ‘Reset’ Button
Organic sales at Puma fell 10.4 percent in the third quarter to 1.96 billion euros. The German activewear firm blamed a strategic “reset”…
Business
Barco, the Cinema Projection Company, Expands HDR Format in Germany (EXCLUSIVE)
Barco, the cinema projection company, is expanding its premium HDR by Barco format in Germany. Starting in November, the company will…
Business
Boot Barn CEO Raises Store Count Goal to 1,200 as Western Craze Helps Company Deliver Q2 Growth
Boot Barn is raising its yearly guidance as well as its store opening targets as the Western craze shows no sign of slowing down. In the…