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Atlantic CEO Nick Thompson on how he learned to ‘just keep moving forward’ after his famous firing

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As CEO of The Atlantic, Nicholas Thompson oversees a venerable magazine that has recently returned to profitability after several years of false starts, adding financial clout to its slew of star hires and considerable presence in the media landscape. Before beginning his career on the business side, having joined The Atlantic in 2021, Thompson can boast significant achievements working in newsrooms, including building NewYorker.com into a vital, digital presence before an award-winning stint as Wired editor-in-chief. But that’s not really what he wants to talk to Fortune about: He’s here to discuss plantar fasciitis.

The long-time runner is discussing his new book, The Running Ground, which only devotes a few pages to his journalistic career. Much more of it is about Thompson’s activities as a competitive runner (including setting the American record for men 45 and older in 2021, as excerpted in Fortune), and his relationship with his father, W. Scott Thompson. In 2017, Thompson eulogized his father—a political science professor, member of the Ford and Reagan administrations and the first openly gay presidential appointment—as having “lived a life that could fill a dozen novels, or perhaps a Shakespearean drama.” He told Fortune his father’s fate was a valuable lesson, going from a man with “sort of infinite prospects,” once thought of as potential presidential candidate, to someone “whose life is complete disarray.” Thompson said his father would always talk to him about this dynamic: “He who the gods wish to destroy, they first make promising.”

This gives him perspective, Thompson said.

“I never, even though The Atlantic‘s doing great, I never am too confident that it’s gonna stay that way,” he said. He added he’s learned to like all the pain that running brings him. “I’ve been running most of my life. I started when I was 5 or 6,” Thompson said in a recent Zoom call. He said he got “very serious” in high school (a passage from the book describes running “in a primal way, screaming inside,” on a track in Deerfield, Mass.) before becoming even more passionate in his 30s, and then again in his 40s. “It’s become an essential part of my life and something I do every day,” he said, pivoting his camera to show his running clothes and shoes, gloves and hat, even his heart rate monitor.

On the one hand, he said running can be a “way to build good mental habits,” a form of meditation or a way to create mental space during the day. But in another way, the aches and pains that come from daily movement are part of the point. “I don’t have a sweeping world philosophy,” Thompson said when asked if running has a spiritual component, but it does have “deeper metaphors” that can inform a career.

“One of the things that I believe—and I believe very strongly—is that, you know, in running, it goes in waves, right?” Thompson makes the point that you just don’t, as a runner, set a personal record for several consecutive marathons. “You do well and then you do badly,” and that’s the way it’s supposed to go. Sometimes you do badly because you lose focus, but other times it’s because you get plantar fasciitis, or you had the wrong meal the night before the race. Once you realize you have to deal with all the things that go wrong in your running life, he added, “it changes the way you think about life at all moments.” When you’re up, he added, don’t get too cocky, and when you’re down, don’t get too down.

Which brings us to his famous firing from 60 Minutes.

Fired on his first day of work

“I was pretty fortunate to have had a lot of professional failure in my 20s,” Thompson told Fortune, referring to the story, many times repeated, about not making it past one day at the legendary TV newsmagazine in the late 1990s. The outlines of the story are well known, about legendary producer Phil Scheffler quickly sussing out Thompson’s total lack of TV credentials and dismissing him.

As Thompson retold the story, he described being summoned to Scheffler’s office to discuss how he’d work as the associate for one of the producers for Steve Kroft, the legendary correspondent. He had moved to New York, bought “nice suits” and come with a good attitude, but when Scheffler asked who he was and what had he done, Thompson responded simply he hadn’t done anything in TV. Scheffler asked in response, “Why are you here?”

“I don’t know,” Thompson replied. “You hired me.” Then came the sudden termination, and Thompson said he didn’t realize just quite how wrong a decision that was at the time. “You’re not supposed to just fire someone after you hire them.” He was just a kid, and the people who hired him were thinking “Whoa, I guess we made a mistake.” Looking back, Thompson said, he had no power at all in the situation.

Thompson laughs when asked what advice he’d give to Gen Z, which is famously struggling with the entry-level job market of 2025, saying it would not be to get fired as quickly and prominently as he did.

“My advice is, if you do get fired, to just keep moving forward and to not to get too down on yourself,” he said.

He repeated the relatively standard recommendation to follow your passions in college, study what you want, get whatever degree is “most exciting,” but once you move beyond that, really think about where your career should be.

“Find a spot to work where you have great colleagues and where you can learn from people who are smarter than you, and go into a place where you will have both colleagues who will rise with you as your career goes on and mentors who will teach you how to be better at your job,” he said. This is what led to his redemption from the 60 Minutes fiasco, he added, a detail he doesn’t believe has ever been reported before.

Fifteen years after his humiliating termination, Thompson found himself at a Livingston Award ceremony where his New Yorker work was being praised onstage by one of those good colleagues he found after 60 Minutes, and none other than Kroft was a key player in the awards. Kroft walked into the elevator and recognized Thompson—only from that night’s speech, not from Scheffler’s office. “I worked for you for an hour, and I got fired,” Thompson told Kroft about the “funny connection” they actually shared.

Kroft’s response was immediate: “Steve looks at me and goes, ‘You’re that kid? I couldn’t believe that [expletive] fired you. And I’m so sorry we didn’t back you up.” (Messages to Steve Kroft were not returned.)

Thompson said it had apparently become lore around 60 Minutes about the kid who had been kicked to the curb. Thompson recalled he was “really happy” to have this moment of serendipity, while adding CBS News has been very supportive of The Running Ground.

In retrospect, the experience gave Thompson what he sees as a healthy kind of paranoia. Even when things are going well, he said, “I never am too confident that it’s gonna stay that way.”

When reminded it’s not unlike the plantar fasciitis that can flare up for a runner, Thompson agreed it’s not dissimilar. When he overtrains in running, he gets tendonitis in his knee, “and I can now feel it coming on pretty early,” which means he dials back his running, uses a foam roller and puts CBD cream on his knee. When plantar fasciitis comes on out of nowhere, he does a similar routine, using a foam roller, doing Achilles stretches, putting Castor Oil on his feet when he sleeps.

“There is all of that wind pushing you backwards, but if you are smarter about your training and the way you live and all the choices you make, you can kind of go faster into the headwind,” Thompson said. As in running and in jobs and in life, “you just have to learn how to cope with it.”



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Hero bystander who tackled Bondi gunman praised by Trump, Ackman

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A bystander who rushed and disarmed one of the Bondi Beach attackers has won praise from leaders around the world, including US President Donald Trump and hedge fund billionaire Bill Ackman, who announced a reward program for community heroes.

Extraordinary footage of the civilian’s actions began circulating on social media on Sunday, shortly after two men, later identified as a father and son, started shooting into a crowd gathered to celebrate the first day of Hanukkah. The massacre has left at least 16 people dead in the worst terrorist attack in Australia’s history. 

Read More: Sixteen People Killed in Bondi Beach Hanukkah Terror Attack 

In the mobile-phone video, which has not been verified by Bloomberg News, one of the attackers is standing near a tree and firing. A few meters away, a crouched man emerges from behind a parked car. He grabs the shooter from behind and wrestles the weapon from his hands. Local media named the bystander as Ahmed el Ahmed, a 43-year-old father-of-two from south Sydney. He was shot twice and is being treated in the hospital, according to reports.

He was also soon lauded for his feat. Trump said at the White House that Ahmed had saved many lives and expressed “great respect” for him. In Sydney, New South Wales Premier Chris Minns went further, describing Ahmed’s wrestle with the shooter as “the most unbelievable scene I’ve ever seen.”

“That man is a genuine hero and I’ve got no doubt there are many, many people alive tonight as a result of his bravery,” Minns said at a press conference late Sunday.

Australian Prime Minister Anthony Albanese also praised Ahmed, and other bystanders who helped treat victims in the immediate aftermath of the shooting. 

“People rushing towards danger to show the best of the Australian character,” Albanese told reporters Monday. “That’s who we are, people who stand up for our values.” 

Pershing Square Capital Management’s founder Ackman called Ahmed  “a brave hero” and said his hedge fund firm would establish a reward program for people who had carried out similar acts.

The top donor to a gofundme page set up for the “hero” who tackled the shooter is listed as William Ackman, who gave $99,999. More than $170,000 has been raised so far. 

Salesforce Inc. Founder and Chief Executive Officer Marc Benioff also expressed his gratitude for Ahmed in a post on X.



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A ‘new era’ in the housing market is about to begin as affordability finally improves

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Next year should mark a shift in the housing market after years of largely being frozen in place, according to Mike Simonsen, chief economist at top residential real estate brokerage Compass.

Home sales flatlined amid unaffordable conditions after rising demand collided with tepid supply growth, pushing up home prices. Would-be buyers became so discouraged that demand cooled and remains slow.

Prices are now becoming more favorable for house hunters, a trend that should continue in 2026 and change the narrative in the housing market.

“In the next era, that story flips. So sales are starting to move higher, but prices are capped or maybe down. Incomes are rising faster than prices, and so affordability improves for the first time in a bunch of years,” Simonsen told CNBC on Friday. “It’s not a dramatic improvement, but it’s the start of the new era.” 

His view echoes a recent report from Redfin, which also cited stronger income and weaker homes prices as it predicted a “Great Housing Reset” in 2026.

In addition to potential buyers giving up on finding an affordable home, sellers have been giving up on finding someone willing to buy at the price they want.

As a result, the number of homes that were withdrawn from the market jumped this year. In June, these so-called delistings shot up 47% from a year earlier.

Simonsen said listing withdrawals tend to be owner-occupied homes, meaning they could be latent demand as well as supply. That’s because two transactions would be needed: owners want to buy a new home but must sell their current one.

“In an environment where conditions improve a little bit, we actually estimate that that’s a representation of shadow demand—people that want to move, people that have delayed moves for maybe four years now,” he said, adding that there are about 150,000 such homeowners.

His housing market outlook for a new era of improving affordability doesn’t depend on a steep drop in mortgage rates. In fact, a plunge might spur so much demand that prices would overheat.

Simonsen expects rates to stay in the low-6% range, allowing sales to grow while also keeping home prices in check as more inventory comes on the market.

The price environment is already showing auspicious signs for prospective buyers. More than half of U.S. homes have dropped in value over the last year, but homeowners can still sell with a net gain as values are up a median 67% since their home’s last sale, accordion to data from Zillow.

And a separate report fromZillow found that homebuyers are getting record-high discounts. While the typical individual discount remains $10,000, desperate sellers are increasingly offering multiple reductions as muted demand leaves homes on the market for longer. As a result, the cumulative price cut in October hit $25,000.

“Most homeowners have seen their home values soar over the past several years, which gives them the flexibility for a price cut or two while still walking away with a profit,” Zillow Senior Economist Kara Ng said in a statement last month. “These discounts are bringing more listings in line with buyers’ budgets, and helping fuel the most active fall housing market in three years. Patient buyers are reaping the rewards as the market continues to rebalance.”



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Attacker who killed US troops in Syria was a recent recruit to security forces

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A man who carried out an attack in Syria that killed three U.S. citizens had joined Syria’s internal security forces as a base security guard two months earlier and was recently reassigned amid suspicions that he might be affiliated with the Islamic State group, a Syrian official told The Associated Press Sunday.

The attack Saturday in the Syrian desert near the historic city of Palmyra killed two U.S. service members and one American civilian and wounded three others. It also wounded three members of the Syrian security forces who clashed with the gunman, interior ministry spokesperson Nour al-Din al-Baba said.

Al-Baba said that Syria’s new authorities had faced shortages in security personnel and had to recruit rapidly after the unexpected success of a rebel offensive last year that intended to capture the northern city of Aleppo but ended up overthrowing the government of former President Bashar Assad.

“We were shocked that in 11 days we took all of Syria and that put a huge responsibility in front of us from the security and administration sides,” he said.

The attacker was among 5,000 members who recently joined a new division in the internal security forces formed in the desert region known as the Badiya, one of the places where remnants of the Islamic State extremist group have remained active.

Attacker had raised suspicions

Al-Baba said the internal security forces’ leadership had recently become suspicious that there was an infiltrator leaking information to IS and began evaluating all members in the Badiya area.

The probe raised suspicions last week about the man who later carried out the attack, but officials decided to continue monitoring him for a few days to try to determine if he was an active member of IS and to identify the network he was communicating with if so, al-Baba said. He did not name the attacker.

At the same time, as a “precautionary measure,” he said, the man was reassigned to guard equipment at the base at a location where he would be farther from the leadership and from any patrols by U.S.-led coalition forces.

On Saturday, the man stormed a meeting between U.S. and Syrian security officials who were having lunch together and opened fire after clashing with Syrian guards, al-Baba said. The attacker was shot and killed at the scene.

Al-Baba acknowledged that the incident was “a major security breach” but said that in the year since Assad’s fall “there have been many more successes than failures” by security forces.

In the wake of the shooting, he said, the Syrian army and internal security forces “launched wide-ranging sweeps of the Badiya region” and broke up a number of alleged IS cells. The interior ministry said in a statement later that five suspects were arrested in the city of Palmyra.

A delicate partnership

The incident comes at a delicate time as the U.S. military is expanding its cooperation with Syrian security forces.

The U.S. has had forces on the ground in Syria for over a decade, with a stated mission of fighting IS, with about 900 troops present there today.

Before Assad’s ouster, Washington had no diplomatic relations with Damascus and the U.S. military did not work directly with the Syrian army. Its main partner at the time was the Kurdish-led Syrian Democratic Forces in the country’s northeast.

That has changed over the past year. Ties have warmed between the administrations of U.S. President Donald Trump and Syrian interim President Ahmad al-Sharaa, the former leader of an Islamist insurgent group Hayat Tahrir al-Sham that used to be listed by Washington as a terrorist organization.

In November, al-Sharaa became the first Syrian president to visit Washington since the country’s independence in 1946. During his visit, Syria announced its entry into the global coalition against the Islamic State, joining 89 other countries that have committed to combating the group.

U.S. officials have vowed retaliation against IS for the attack but have not publicly commented on the fact that the shooter was a member of the Syrian security forces.

Critics of the new Syrian authorities have pointed to Saturday’s attack as evidence that the security forces are deeply infiltrated by IS and are an unreliable partner.

Mouaz Moustafa, executive director of the Syrian Emergency Task Force, an advocacy group that seeks to build closer relations between Washington and Damascus, said that is unfair.

Despite both having Islamist roots, HTS and IS were enemies and often clashed over the past decade.

Among former members of HTS and allied groups, Moustafa, said, “It’s a fact that even those who carry the most fundamentalist of beliefs, the most conservative within the fighters, have a vehement hatred of ISIS.”

“The coalition between the United States and Syria is the most important partnership in the global fight against ISIS because only Syria has the expertise and experience to deal with this,” he said.

Later Sunday, Syria’s state-run news agency SANA reported that four members of the internal security forces were killed and a fifth was wounded after gunmen opened fire on them in the city of Maarat al-Numan in Idlib province.

It was not immediately clear who the gunmen were or whether the attack was linked to the Saturday’s shooting.



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