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Disney agrees to pay $43 million to settle gender discrimination lawsuit
Thousands of current and former female employees joined the class action lawsuit. Walt Disney has agreed to pay $43.3 million to settle a lawsuit alleging that its female employees in California earned $150 million less than their male counterparts over an eight-year period, the plaintiffs’ lawyers said in a statement on Monday.
Published: 2024-11-26 14:59:56
Teslas, Hondas, and VWs may get price hikes if Trump’s tariffs extend to Mexico
Trump’s promised tariffs could impact companies that manufacture in Mexico. President-elect Donald Trump on Monday pledged tariffs on the United States’s three largest trading partners—Canada, Mexico, and China—detailing how he will implement campaign promises that could trigger trade wars.
Published: 2024-11-26 14:13:41
Egg prices stay high as holiday baking season approaches its peak
Egg Board CEO Emily Metz says the industry sees its highest demand in November and December. Egg prices are rising once more as a lingering outbreak of bird flu coincides with the high demand of the holiday baking season.But prices are still far from the recent peak they reached almost two years ago. And the American Egg Board, a trade group, says egg shortages at grocery stores have been isolated and temporary so far.“Those are being rapidly corrected, sometimes within a day,” said Emily Metz, the Egg Board’s president and chief executive officer.The average price for a dozen eggs in U.S. cities was $3.37 in October, according to the Bureau of Labor Statistics. That was down slightly from September, and down significantly from January 2023, when the average price soared to $4.82. But it was up 63% from October 2023, when a dozen eggs cost an average of $2.07.Metz said the egg industry sees its highest demand in November and December.“You can’t have your holiday baking, your pumpkin pie, your stuffing, without eggs,” she said.Avian influenza is the main reason for the higher prices. The current bird flu outbreak that began in February 2022 has led to the slaughter of more than 111 million birds, mostly egg-laying chickens. Anytime the virus is found, every bird on a farm is killed to limit the spread of the disease.More than six million birds have been slaughtered just this month because of bird flu. They were a relatively small part of the total U.S. egg-laying flock of 377 million chickens. Still, the flock is down about 3% over the past year, contributing to a 4% drop in egg production, according to the U.S. Department of Agriculture.The latest wave of bird flu is scrambling supplies of cage-free eggs because California has been among the hardest hit states. California, Nevada, Washington, and Oregon all require eggs sold in their states to be cage-free.“We’re having to move eggs from other areas of the country that are producing cage-free to cover that low supply in those states, because those states only allow for cage-free eggs to be sold,” Metz said.Cage-free requirements are set to go into effect in Arizona, Colorado, and Michigan next year and in Rhode Island and Utah in 2030.Demand for such specialty eggs may also be contributing to avian flu, which is spread through the droppings of wild birds as they migrate past farms. Allowing chickens to roam more freely puts them at greater risk, said Chad Hart, a professor and agricultural economist at Iowa State University.“It’s really hard to control that interaction between domesticated birds and wild birds,” Hart said. “Some of those vectors have been opened up because we’re asking the egg industry to produce in ways that we didn’t ask them to before.”Metz said climate change and extreme weather are also blowing some wild birds off course.“We have birds that have been displaced by hurricanes, by wildfires, and those birds are now circulating in areas that they otherwise might not circulate or at times of the year that they otherwise may not be circulating,” she said. “And those are all new variables that our farmers are having to deal with.”Hart said the egg industry is trying to rebuild the flock, but that also can limit supplies, since farmers have to hold back some eggs to hatch into new chickens.Still, there is some good news on U.S. poultry farms. The price of chicken feed — which represents 70% of a farmer’s costs — has fallen significantly after doubling between 2020 and 2022, Hart said.
Published: 2024-11-26 13:20:07
This TikTok user says a popular YouTube music channel is in fact AI
The rise of generative AI music tools has indeed led to the emergence of tutorials on YouTube. Are you really a student if you’ve not done a late night study session soundtracked to an unending lo-fi beats playlist on YouTube?
Published: 2024-11-26 13:00:00
Thanksgiving travel 2024: These are the best and worst times to be on the road this week
According to AAA, a record 80 million people are expected to travel for the Thanksgiving holiday. Data from INRIX can help you avoid the heaviest traffic. The 2024 Thanksgiving travel period is here. Many Americans who are celebrating the holiday this week are expected to kick off their journeys today.
Published: 2024-11-26 12:51:00
Walmart kills DEI policies impacting 1.6 million U.S. workers
The company is the latest, and biggest, to cave to pressure from conservative activists. Walmart, the world’s largest retailer, is rolling back its diversity, equity, and inclusion policies, joining a growing list of major corporations that have done the same after coming under attack by conservative activists.The changes, confirmed by Walmart on Monday, are sweeping and include everything from not renewing a five-year commitment for an equity racial center set up in 2020 after the police killing of George Floyd, to pulling out of a prominent gay rights index. And when it comes to race or gender, Walmart won’t be giving priority treatment to suppliers.Walmart’s moves underscore the increasing pressure faced by corporate America as it continues to navigate the fallout from the U.S. Supreme Court’s ruling in June 2023 ending affirmative action in college admissions. Emboldened by that decision, conservative groups have filed lawsuits making similar arguments about corporations, targeting workplace initiatives such as diversity programs and hiring practices that prioritize historically marginalized groups.Separately, conservative political commentator and activist Robby Starbuck has been going after corporate DEI policies, calling out individual companies on the social media platform X. Several of those companies have subsequently announced that they are pulling back their initiatives, including Ford, Harley-Davidson, Lowe’s, and Tractor Supply.But Walmart, which employs 1.6 million workers in the U.S., is the largest one to do so.“This is the biggest win yet for our movement to end wokeness in corporate America,” Starbuck wrote on X, adding that he had been in conversation with Walmart.Walmart confirmed to the Associated Press that it will better monitor its third-party marketplace items to make sure they don’t feature sexual and transgender products aimed at minors. That would include chest binders intended for youth who are going through a gender change, the company said.The Bentonville, Arkansas-based retailer will also be reviewing grants to Pride events to make sure it is not financially supporting sexualized content that may be unsuitable for kids. For example, the company wants to makes sure a family pavilion is not next to a drag show at a Pride event, the company said.Additionally, Walmart will no longer consider race and gender as a litmus test to improve diversity when it offers supplier contracts. The company said it didn’t have quotas and will not do so going forward. It won’t be gathering demographic data when determining financing eligibility for those grants.Walmart also said it wouldn’t renew a racial equity center that was established through a five-year, $100 million philanthropic commitment from the company with a mandate to, according to its website, “address the root causes of gaps in outcomes experienced by Black and African American people in education, health, finance and criminal justice systems.”And it would stop participating in the Human Rights Campaign’s annual benchmark index that measures workplace inclusion for LGBTQ+ employees.“We’ve been on a journey and know we aren’t perfect, but every decision comes from a place of wanting to foster a sense of belonging, to open doors to opportunities for all our associates, customers and suppliers and to be a Walmart for everyone,” the company said in a statement.The changes come soon after an election win by former President Donald Trump, who has criticized DEI initiatives and surrounded himself with conservatives who hold similar views, including his former adviser Stephen Miller, who leads a group called America First Legal that has challenged corporate DEI policies. Trump named Miller to be the deputy chief of policy in his new administration.A Walmart spokesperson said some of its policy changes have been in progress for a while. For example, it has been moving away from using the word DEI in job titles and communications and started to use the word “belonging.” It also started making changes to its supplier program in the aftermath of the Supreme Court affirmative action ruling.Some have been urging companies to stick with their DEI policies. Last month, a group of Democrats in Congress appealed to the leaders of the Fortune 1000, saying that DEI efforts give everyone a fair chance at achieving the American dream.
Published: 2024-11-26 12:46:11
A crisis within a crisis: Insurance rates skyrocket for child care centers
Rising insurance premiums, reduced coverage and dropped policies plague child care centers across the country. Early this year, a child care program in southern Maine was dinged for three minor issues during a routine inspection: A refrigerator at the school where the nonprofit operates was a couple of degrees too high. An employee’s paperwork was kept at the wrong location. A first aid kit was missing a pair of tweezers.
Published: 2024-11-26 12:30:00
These 24 chef-approved kitchen gifts will improve the life of any home cook or baker
Whether the person you’re shopping for is a pro pasta maker or an amateur bread baker, these gifts can help sharpen their skills and improve their space. For its annual gift guide, Fast Company asked business leaders who know the home—and some of our staff members—for space-specific recommendations.
Published: 2024-11-26 12:00:00
This free time-zone conversion tool blows other clock apps out of the water
This minimal, frills-free website will make your life instantly easier. You’d think by this point in our lives, we’d have the whole time-zone-conversion thing figured out. It isn’t all that complicated, right?!And yet—well, trying to keep such calculations straight often feels like performing advanced algebra. I’ve lost count of the number of times I’ve tried to convert something from my own local time into another time and ended up screwing it up somehow (and I’m only moderately pea-brained, thankyouverymuch).
Published: 2024-11-26 11:00:00
In rural North Carolina, dozens of water systems were knocked out by Hurricane Helene. Recovery could take years
The flooding that devastated western North Carolina knocked out water systems, and some small towns still don’t have water. The most exciting part of the day at Spruce Pine Montessori School is when the truck arrives to empty the porta-johns. At that point in the afternoon, the kids abandon their toy dinosaurs and monkey bars, throw up their hands, and yell in excitement as they run to watch the truck do its work. It’s lucky that they find something to be so joyful about, Principal Jennifer Rambo said on a recent sunny afternoon, because things have been a mess for the past seven weeks.
Published: 2024-11-26 11:00:00
That emotional new Volvo commercial isn’t ‘pro-family.’ It’s just advertising
Brands have always tapped into the emotional currents of raising a family. And Volvo’s new ad is no different. A young woman approaches her distracted partner. He asks her if something’s wrong. She hesitates. Then reveals the positive pregnancy test. They quietly embrace, incredibly happy at the news.
Published: 2024-11-26 11:00:00
10 ways AI can make farmers’ jobs easier
AI can deliver agriculture workers improved efficiency across the board. For those who work the earth, AI can be an invaluable tool for making that work more efficient, sustainable and productive. AI helps farmers use the same tools they have been using for centuries, but with improved efficiency and focus. Here are 10 tips for farmers looking to use the new wave of AI-assisted farming.
Published: 2024-11-26 11:00:00
Schwan’s, the iconic American food delivery service, shut down. How much was its new name to blame?
In 2022, Schwan’s rebranded as Yelloh. Two years later, the company shuttered its business. In a fast-changing world, brands may see the chance to update their logos, visual identities, and even names as a shortcut to keep up with the times. But take a rebrand too far and you could lose everything. That’s especially true for long-running brands, which stand to lose valuable brand equity if they jettison too many assets.
Published: 2024-11-26 10:45:00
You need a Black Friday game plan. Here are 5 ways to ensure you buy exactly what you need
Black Friday returns are an environmental catastrophe. Consider this your guide to shopping more consciously. Across the country, as soon as people are done eating their turkey this week, they’ll be gearing up for that other big tradition: Black Friday.
Published: 2024-11-26 10:30:00
Influencer houses are dead. Welcome to the production studio era
A slew of creators are buying up plots of studio land to film and edit their content. Influencers today look a lot more like Hollywood executives than ragtag social media users. And they’re buying up the real estate to prove it.
Published: 2024-11-26 10:30:00
If it’s really about the economy, can Dollar General fulfill its ‘food first’ mission?
Food insecurity is a complex issue. Dollar General aims to tackle both affordability and access. Dollar General was a brand generating some media buzz at the end of last year, but not for the reasons the company had hoped. After an appearance on Glenn Greenwald’s Rumble show, Tucker Carlson ranted about his distaste for dollar stores.
Published: 2024-11-26 10:30:00
13 gift ideas to help breathe new life into anyone’s living room
Whether you’re shopping for a binge-watcher or a board game fanatic, these gifts will make the recipient loath to leave their couch. For its annual gift guide, Fast Company asked business leaders who know the home—and some of our staff members—for space-specific recommendations.
Published: 2024-11-26 10:00:00
This underrated skill can help businesses avoid expensive mistakes
Here’s how cultural competency can help teams avoid expensive and harmful mistakes—and boost their bottom lines. Some have said that DEI is dead. However, the backlash against DEI doesn’t stop cultural competency from seriously impacting a businesses’ bottom line.
Published: 2024-11-26 10:00:00
AirPods that never need charging? These researchers just found a way to use your body as a charger
A new Power-over-Skin technology invented at Carnegie Mellon University could change the way we charge our wearables. There are few things that I hate more than putting on my Bose Ultra Wireless Open Earbuds and having the little critters whisper: “Battery low.” Which is why I’m excited about new research from the Future Interfaces Group at Carnegie Mellon University that’s exploring technology that could power your earbuds, or any other small gadget, by sucking electricity through your skin. In other words, no running out of juice ever again. Just put your buds on and play till your ears fall off.
Published: 2024-11-26 10:00:00
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