Account

The Actual News

Just the Facts, from multiple news sources.

Business News

Business news, market updates, and economic developments

List of Companies Leaving California For Texas

List of Companies Leaving California For Texas

Summary

Public Storage, the largest self-storage company in the U.S., is moving its main office from California to Texas. This move is part of a trend where many companies are relocating their headquarters from California to Texas for reasons like lower costs and access to talent.

Key Facts

  • Public Storage is relocating its headquarters from Glendale, California, to Frisco, Texas.
  • The company will still keep a significant presence in Glendale despite the move.
  • CEO Thomas Boyle mentioned that Texas has a large pool of talent and innovation.
  • Other companies, like Tesla, X (formerly Twitter), Chevron, AECOM, McKesson, Hewlett Packard Enterprise, and Oracle, have also moved their headquarters from California to Texas.
  • Reasons for these moves include business-friendly regulations, lower costs, and better quality of life in Texas.
  • Public Storage's move continues a trend of businesses keeping operations in California while moving headquarters to Texas.
Read the Original

Want the full story? Tap a source to open the original article.

Popular Restaurant Chain Closing Locations Across Three States

Popular Restaurant Chain Closing Locations Across Three States

Summary

Applebee's, a well-known restaurant chain, is closing some of its locations in New York, Missouri, and Indiana. Despite these closings, the company plans to open more restaurants in new areas over the coming years. Applebee's currently operates over 1,500 locations around the world.

Key Facts

  • Applebee's is closing locations in New York, Missouri, and Indiana.
  • In Evansville, Indiana, two restaurants closed in February after more than 30 years.
  • A restaurant in Glenville, New York, is planning to close on April 12, 2026.
  • In Columbia, Missouri, an Applebee's near Stadium Boulevard closed on February 18.
  • Applebee's plans to open 25 new locations across the U.S. over the next seven years.
  • The chain has over 1,500 locations in 11 countries and territories.
  • Applebee's received an American Customer Satisfaction Index score of 79 in 2023 and 2024, and 80 in 2025.
  • Their expansion plan involves partnering with Flynn Group, a major franchise operator.
Read the Original

Want the full story? Tap a source to open the original article.

Elusive Shein boss hails Chinese roots in rare public appearance

Elusive Shein boss hails Chinese roots in rare public appearance

Summary

Shein's founder, Xu Yangtian, made a rare public appearance to reaffirm the company's commitment to China. He announced a significant investment in the Guangdong province's clothing industry. The company plans to maintain a strong presence in China despite its global expansion efforts.

Key Facts

  • Shein's founder, Xu Yangtian, also known as Sky Xu, appeared at a business conference in Guangdong, China.
  • Xu announced Shein would invest over 10 billion yuan (about $1.45 billion) in Guangdong to create a high-tech fashion hub.
  • Xu praised the Chinese government for its role in Shein's success, calling Guangdong "fertile ground" for development.
  • The company's headquarters are in Singapore, and it is considering a stock market listing in New York and London.
  • Shein supports over 600,000 jobs in Guangdong and plans to increase digital services there.
  • The company has faced scrutiny due to U.S. trade policies and concerns about its environmental impact and labor conditions.
  • The European Union is investigating Shein for potential digital law breaches, leading to the removal of certain products.
  • Shein plans to open more stores in France despite recent protests in Paris.
Read the Original

Want the full story? Tap a source to open the original article.

Energy bills to fall in April after charges shake-up

Energy bills to fall in April after charges shake-up

Summary

Energy bills in England, Wales, and Scotland are set to decrease in April following government changes. The cost reduction will vary by household, and more information will be announced soon. The fall is mainly due to removing certain charges from bills and adjusting other costs.

Key Facts

  • Energy bills will decrease in April due to government changes.
  • The specific amount each household saves will differ.
  • Ofgem, the energy regulator, will announce a new price cap soon.
  • Households on variable tariffs may see a 7% bill reduction.
  • Some billing charges are being moved to general taxation.
  • The Energy Company Obligation scheme is being discontinued.
  • Electricity price per unit will decrease, benefiting high electricity users most.
  • Overall energy prices remain high compared to past levels.
  • Households can potentially save £200 more by switching to a fixed-rate energy deal.
Read the Original

Want the full story? Tap a source to open the original article.

Paramount boosts Warner Bros offer to rival Netflix in takeover bid

Paramount boosts Warner Bros offer to rival Netflix in takeover bid

Summary

Paramount has increased its offer to buy Warner Bros Discovery, raising the amount by $1 per share. This new proposal is aimed at outbidding Netflix, which had previously agreed to a deal with Warner Bros. Warner Bros is evaluating this revised bid before making a final decision.

Key Facts

  • Paramount raised its offer to buy Warner Bros by $1 per share.
  • Warner Bros had agreed to sell its film and streaming divisions to Netflix for $27.75 per share.
  • Netflix can make a counter-offer within four days but has not commented yet.
  • Paramount's new offer includes paying $31 per share in cash and additional payments if the deal is delayed.
  • Paramount also agreed to pay $7 billion if the deal fails and cover a $2.8 billion breakup fee.
  • Warner Bros is reviewing the new proposal before making a final decision.
  • Concerns have been raised about potential monopolies and their impact on the entertainment industry.
Read the Original

Want the full story? Tap a source to open the original article.

House prices in Wales rise faster than UK average - see how your area compares

House prices in Wales rise faster than UK average - see how your area compares

Summary

House prices in Wales increased more than the UK average over the past year, with some areas seeing significant rises. The Office for National Statistics reported a 5% increase in Welsh house prices compared to a 2.4% rise across the UK. Although house prices in some regions like Ceredigion and Merthyr Tydfil fell, areas like Blaenau Gwent and Anglesey experienced notable growth.

Key Facts

  • Welsh house prices increased by 5% in the year ending December 2025.
  • The UK average house price increase was 2.4% during the same period.
  • Blaenau Gwent and Anglesey had the largest price increases in Wales, with rises of 7% and 7.2% respectively.
  • In Ceredigion, house prices dropped by 4.1%, while in Merthyr Tydfil they fell by 4.4%.
  • The average house price in Wales reached £215,000 in December 2025.
  • Demand from buyers has decreased slightly due to economic factors and higher mortgage rates.
  • Many buyers are moving to Wales from more expensive areas like Cardiff, Newport, and Bristol.
  • First-time buyers face challenges affording monthly mortgage repayments despite having a deposit.
Read the Original

Want the full story? Tap a source to open the original article.

Woman Sees Her Condo in Real Estate Video—Shock at What She Finds Out: ‘Scam’

Woman Sees Her Condo in Real Estate Video—Shock at What She Finds Out: ‘Scam’

Summary

Madison O’Hora discovered that her condo was being falsely advertised as available for rent on TikTok. The video sparked concerns that the listing was part of a rental scam, and experts note that such scams often use social media to find victims. Law enforcement advises the public to be cautious and verify rental properties before making any payments.

Key Facts

  • Madison O’Hora found her condo listed for rent in a TikTok video, even though she owns it.
  • The person who posted the video claimed it was not O’Hora’s property.
  • O’Hora shared details proving it is her condo.
  • TikTok users warned that the listing might be a rental scam.
  • Rental scams often involve requests for cash payments and deals that seem too good to be true.
  • The New York Police Department advises caution with rental listings, especially if they include cash payment requests.
  • Rental scams use social media to reach more potential victims.
Read the Original

Want the full story? Tap a source to open the original article.

Woman Files Taxes—Not Ready For Refund She Sees: 'Jail?'

Woman Files Taxes—Not Ready For Refund She Sees: 'Jail?'

Summary

A woman was surprised to see a very large refund amount of $904,943 while filing her taxes for the first time. The situation gained attention on TikTok, with many people curious about how she achieved such a large refund. This occurred during a time when tax refunds are generally higher, partly due to recent changes in tax laws.

Key Facts

  • A first-time tax filer received a refund notice for $904,943.
  • The woman shared her experience on TikTok, and the video went viral.
  • She addressed exaggerated rumors about her personal life on social media.
  • Some people joked about the size of the refund and whether it would cause trouble.
  • The Internal Revenue Service (IRS) has reported larger refunds this year on average.
  • President Donald Trump's administration made tax code changes that increased refunds.
  • Newsweek attempted to verify the details but could not confirm the case specifics.
Read the Original

Want the full story? Tap a source to open the original article.

Dog Treat Recall Sparks New Warning Across 5 States

Dog Treat Recall Sparks New Warning Across 5 States

Summary

Elite Treats LLC is recalling a batch of "Elite Treats Chicken Chips for Dogs" because of possible Salmonella contamination. These dog treats were sold in five southern U.S. states and pose a health risk to pets and people.

Key Facts

  • Elite Treats LLC recalled a batch of "Elite Treats Chicken Chips for Dogs."
  • The recall is due to possible Salmonella contamination.
  • Affected packages are 6-ounce bags with lot number 24045 and an expiration date of 04/2027.
  • The products were distributed by Florida Hardware, LLC to stores in Alabama, Florida, Georgia, North Carolina, and South Carolina.
  • Salmonella can cause illness in pets and humans and is particularly dangerous for young children, the elderly, or those with weak immune systems.
  • There have been no reported illnesses related to this issue.
  • Consumers should dispose of affected products and clean surfaces and hands that have come into contact with the treats.
  • Elite Treats offers refunds or replacements and can be contacted at 561‑901‑5310 or elite.treats@yahoo.com.
Read the Original

Want the full story? Tap a source to open the original article.

Warner Bros gets new offer from Paramount but still recommends Netflix bid

Warner Bros gets new offer from Paramount but still recommends Netflix bid

Summary

Warner Bros Discovery is reviewing a new buyout offer from Paramount but still supports an earlier proposal from Netflix. Paramount made a $77.9 billion offer, while Netflix wants to acquire Warner’s studio and streaming business for $72 billion. The decision on these proposals involves potential regulatory reviews due to concerns about industry consolidation.

Key Facts

  • Warner Bros Discovery received a buyout offer from Paramount Skydance but still recommends Netflix’s offer to its shareholders.
  • Paramount’s proposal values Warner at $77.9 billion and includes networks like CNN and Discovery.
  • Netflix’s proposal is to purchase only Warner’s studio and streaming business for $72 billion.
  • Warner’s board prefers the Netflix deal, with a shareholder vote set for March 20.
  • The decision involves antitrust concerns because the deals could further concentrate power in the entertainment industry.
  • The U.S. Department of Justice is reviewing the proposals, and other countries are expected to evaluate them too.
  • Paramount argues that Netflix’s larger market presence could dominate if it acquires Warner.
  • Both Paramount and Netflix claim their proposals benefit consumers and the industry.
Read the Original

Want the full story? Tap a source to open the original article.

Paramount has raised its takeover offer to $31 per share, Warner Bros. says

Paramount has raised its takeover offer to $31 per share, Warner Bros. says

Summary

Warner Bros. Discovery announced that Paramount increased its offer to buy the company to $31 per share in a takeover battle that also involves Netflix. Paramount and Netflix are both competing to acquire Warner Bros., which could change the media landscape. The decision on which offer is better depends on regulatory approval and Warner's board decision.

Key Facts

  • Paramount raised its takeover bid for Warner Bros. to $31 per share.
  • The previous offer from Paramount was $30 per share.
  • Warner previously agreed to sell its studio and streaming business to Netflix for $27.75 per share.
  • Paramount wants to acquire Warner Bros. entirely, including networks like CNN and Discovery.
  • Paramount increased the regulatory termination fee to $7 billion and advanced its "ticking fee" timeline.
  • Warner Bros.' board has not decided if Paramount's offer is better than Netflix's deal.
  • The U.S. Department of Justice and other countries are reviewing the potential buyout for antitrust concerns.
  • Paramount and Netflix argue their takeover proposals benefit consumers and the industry.
Read the Original

Want the full story? Tap a source to open the original article.

Government relaunches green payment scheme for farmers after sudden closures

Government relaunches green payment scheme for farmers after sudden closures

Summary

The UK government has relaunched its Sustainable Farming Incentive (SFI) scheme, which pays farmers for environmental work, after an unexpected closure. The new version reduces the number of environmental actions funded and caps individual farm agreements to make them more accessible to different farmers. The scheme aims to balance environmental benefits and food production.

Key Facts

  • The Sustainable Farming Incentive (SFI) is a reformed scheme for paying English farmers for environmental management.
  • The SFI replaced European Union subsidies after Brexit and had temporarily closed in March 2025.
  • The new scheme reduces funded environmental actions to 71 from the previous 102.
  • Individual farm payments are capped at £100,000 to ensure wider accessibility.
  • The goal is to fund actions that support both the environment and food production.
  • Priority application in June for smaller farms and those without current agreements.
  • The National Farmers' Union (NFU) supports the changes, citing a balance of simplicity and flexibility.
  • Concerns about the budget capacity to meet demand remain among farmer associations.
Read the Original

Want the full story? Tap a source to open the original article.

Woman Suddenly Getting $8 Million Leads to 'Biggest Regret'

Woman Suddenly Getting $8 Million Leads to 'Biggest Regret'

Summary

A TikTok user named Shawna received $8.7 million by mistake from Fidelity and chose to return it, calling it her "biggest regret." Experts say that keeping the money would have been illegal and could have led to severe financial consequences.

Key Facts

  • A woman received $8.7 million in her bank account by mistake from Fidelity on June 28, 2024.
  • She notified Fidelity about the error and returned the money.
  • TikTok video about the incident went viral, with over 109,000 likes.
  • Financial experts confirm keeping the money would be illegal.
  • Under UCC Article 4A, the sender can reclaim erroneous transfers.
  • Failing to return the money could result in lawsuits and asset freezes.
  • Spending the money could lead to wage garnishment and credit problems.
  • Some commenters admired her honesty, while others said they would have kept the money.
Read the Original

Want the full story? Tap a source to open the original article.

Map Reveals Cities Where Households Are Shrinking Fastest

Map Reveals Cities Where Households Are Shrinking Fastest

Summary

U.S. households are getting smaller because the population is getting older, and fewer babies are being born. This change affects the housing market since people want different types of homes now, often smaller ones. Some cities have seen bigger reductions in household size than others, while a few have experienced slight increases.

Key Facts

  • The average U.S. household size decreased from 2.65 people in 2014 to 2.50 people in 2024.
  • Cities like Lake Havasu City, Arizona, and Hilton Head Island, South Carolina, saw household sizes shrink significantly.
  • A drop below two people per household shows more people are living alone.
  • Aging and more older Americans are key reasons for smaller households.
  • The demand for smaller homes might be rising due to these trends.
  • A few places, like Anniston, Alabama, saw household size increases, possibly due to shared living arrangements for financial reasons.
Read the Original

Want the full story? Tap a source to open the original article.

Phillipson defends student loan change and says average repayments will rise by £8 a month

Phillipson defends student loan change and says average repayments will rise by £8 a month

Summary

Education Secretary Bridget Phillipson explained that freezing the repayment threshold for student loans in England will mean an extra £8 a month for graduates. The threshold increase in April will then remain unchanged for three years. The decision is part of broader financial challenges in education and has sparked debate among graduates and campaigners.

Key Facts

  • The repayment threshold freeze for Plan 2 student loans in England means graduates will pay about £8 more monthly.
  • The current repayment threshold for loans is £28,470 and will go up to £29,385 in April 2024.
  • This freeze will last for three years instead of adjusting with inflation.
  • Plan 2 loans were available to undergraduates in England from September 2012 to July 2023 and continue in Wales.
  • Interest on these loans starts at 6.2% during studies and increases after graduation based on inflation and income.
  • Some graduates, like Tinuke Bamiro, see higher repayments affecting their rest-of-life finances.
  • Legal actions are underway against universities over teaching quality during the Covid pandemic, though Brunel University is not involved.
Read the Original

Want the full story? Tap a source to open the original article.

Celebrity doctor Peter Attia steps down from CBS over Epstein links

Celebrity doctor Peter Attia steps down from CBS over Epstein links

Summary

Celebrity doctor Peter Attia has resigned from his role at CBS News after emails between him and Jeffrey Epstein were made public. Attia stated his brief association with CBS had not fully started and he stepped down to prevent causing a distraction. He has apologized for the exchanges while denying any involvement in Epstein's criminal activities.

Key Facts

  • Peter Attia resigned as a CBS News contributor due to emails with Jeffrey Epstein being revealed.
  • The emails contained inappropriate comments about women's bodies.
  • Attia claimed his role with CBS had just begun and was not fully established.
  • He apologized for the emails but denied any criminal involvement with Epstein.
  • Attia was among 19 contributors appointed by CBS's new editor-in-chief, Bari Weiss.
  • Epstein was a convicted sex offender who died in custody in 2019.
  • Attia said he met Epstein several times but never witnessed any illegal activity.
  • CBS was acquired by Paramount and has a partnership agreement with the BBC.
Read the Original

Want the full story? Tap a source to open the original article.

Cream Cheese Recall as FDA Warns Of ‘Fatal Infections’

Cream Cheese Recall as FDA Warns Of ‘Fatal Infections’

Summary

The FDA announced a recall of several flavors of cream cheese and tofu made by Made Fresh Salads due to possible contamination with a harmful bacteria called Listeria monocytogenes. The recall affects products distributed in New York City, and the contamination was traced back to a piece of equipment used in their production.

Key Facts

  • The recall involves 14 types of cream cheese and tofu under the Made Fresh Salad brand.
  • The products are in 5-pound white tubs with expiration dates up to February 27, 2026.
  • They were distributed in New York City areas like Brooklyn, Queens, and the Bronx.
  • The bacteria, Listeria monocytogenes, can cause serious infections especially in vulnerable groups.
  • Made Fresh Salads found the contamination during routine tests and stopped using the affected equipment.
  • There have been no reported illnesses related to the recalled products as of the announcement.
  • Consumers are advised to return the items for a refund or call the company with questions.
Read the Original

Want the full story? Tap a source to open the original article.

Jimmy John's Launches New Menu

Jimmy John's Launches New Menu

Summary

Jimmy John's has introduced a new menu focused on high-protein items to attract health-conscious customers. The menu changes are part of a broader trend where fast-food chains, like Starbucks and Subway, are adding more protein-rich options.

Key Facts

  • Jimmy John's new menu offers high-protein options available on their app and website.
  • Menu items include various sandwiches and wraps with different protein levels.
  • The move follows similar changes by other fast-food chains like Starbucks and Subway.
  • Starbucks announced a new protein menu in September with drinks containing 15 to 36 grams of protein.
  • Chipotle also introduced a High Protein Menu option in December.
  • Jimmy John's added a Holiday Magic Cookie to its menu in November as part of a special deal.
Read the Original

Want the full story? Tap a source to open the original article.

New Trump tariffs take effect days after Supreme Court ruling

New Trump tariffs take effect days after Supreme Court ruling

Summary

President Donald Trump introduced new 10% tariffs on imported goods after the Supreme Court canceled most of his old tariff policies. The tariffs are in effect for 150 days starting Tuesday, aiming to address the U.S. trade deficit. The move has created uncertainty in trade relations, with responses from countries like China and Japan.

Key Facts

  • New 10% tariffs on imported goods began on Tuesday, as per a notice from US Customs and Border Protection.
  • The Supreme Court ruled Trump had overstepped his authority with previous tariffs, saying they were not correctly justified.
  • President Trump stated the new tariffs are necessary to tackle the U.S.'s $1.2 trillion goods trade deficit.
  • The new tariff rate could increase to 15% as Trump announced changes after the initial decision.
  • China is open to more trade talks and has urged the US to drop its unilateral tariffs.
  • Japan is seeking assurances from the US on its treatment under the new tariff system, trying to maintain stability before a visit from the Japanese prime minister.
  • The new temporary tariff measure will last for 150 days unless extended by Congress.
  • Previously canceled tariffs ranged between 10% to 50%.
Read the Original

Want the full story? Tap a source to open the original article.

US Housing Market Has Major Gap Between Sellers and Buyers

US Housing Market Has Major Gap Between Sellers and Buyers

Summary

The U.S. housing market has shifted to favor buyers as there are now significantly more sellers than buyers, making it a "buyer's market" according to Redfin. Despite more homes available for sale, high prices and interest rates limit the benefits for many potential buyers.

Key Facts

  • The gap between sellers and buyers in the U.S. housing market reached 44 percent in January, the largest since 2013.
  • Redfin considers a market with over 10 percent more sellers than buyers as a "buyer's market."
  • The U.S. has been a buyer's market since May 2024, but high costs continue to affect affordability.
  • The median sale price of a U.S. home was $423,261 in January, up 1.1 percent from the previous year.
  • The national average for a 30-year fixed mortgage rate is 6.1 percent, considered historically high.
  • Home sales in January were down 9.03 percent from a year earlier, with homes taking longer to sell.
  • The number of homebuyers fell to 1.36 million in January, the lowest on record.
  • Some sellers are removing their homes from the market or choosing not to list them to avoid lowering prices.
Read the Original

Want the full story? Tap a source to open the original article.