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Business News

Business news, market updates, and economic developments

Costco Facing Second Lawsuit Over $4.99 Rotisserie Chicken

Costco Facing Second Lawsuit Over $4.99 Rotisserie Chicken

Summary

Costco is facing a lawsuit claiming that its $4.99 rotisserie chicken might be linked to a salmonella risk from a Nebraska processing plant. The lawsuit argues that the chicken did not meet safety standards and that Costco failed to warn customers about this potential danger. Another recent lawsuit also claims that Costco misled customers about preservatives in the same chicken product.

Key Facts

  • A new lawsuit claims Costco's rotisserie chicken may have a salmonella risk tied to a Nebraska plant.
  • The lawsuit was filed by a Missouri customer who regularly bought the chicken.
  • The Nebraska plant allegedly did not meet USDA safety standards.
  • More than 9.8% of whole chickens and 15.4% of chicken parts reportedly tested positive for salmonella.
  • The plaintiff accuses Costco of violating Washington consumer-protection laws by not informing buyers of the risks.
  • The lawsuit seeks damages for customers who bought rotisserie chickens since January 1, 2019.
  • Costco sold over 157 million Kirkland Signature rotisserie chickens in 2025.
  • Another recent lawsuit claimed Costco's chicken labeling about preservatives was misleading.
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Dr Pepper Reveals New Flavor Lineup

Dr Pepper Reveals New Flavor Lineup

Summary

Keurig Dr Pepper announced plans to introduce over 35 new and returning beverage flavors in 2026. These include a variety of sodas, teas, waters, energy drinks, and juices, focusing on bold flavors, nostalgic twists, and zero-sugar options. The new lineup aims to meet consumer demand for innovative and diverse beverage choices.

Key Facts

  • Keurig Dr Pepper plans to launch over 35 beverage flavors in 2026.
  • The new flavors include sodas, teas, waters, energy drinks, and juices.
  • The company is focusing on bold, nostalgic, and zero-sugar options.
  • Dr Pepper Creamy Coconut, a returning favorite, will be available from April 2026.
  • The 7UP Shirley Temple, with pomegranate and citrus flavors, is set for the holiday season.
  • New drinks include Snapple Two Hundred Fif-TEA Party and Bai Barù Blood Orange.
  • A Zero Sugar juice line and new Ghost Energy drinks will launch in 2026.
  • Electrolit and La Colombe are also expanding their beverage offerings.
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Thousands Now Eligible for Student Loan Debt Cancellation: Who's Impacted

Thousands Now Eligible for Student Loan Debt Cancellation: Who's Impacted

Summary

Over 40,000 people could soon have their student loan debts canceled due to a recent court decision. This includes borrowers enrolled in specific repayment plans and those under the Public Service Loan Forgiveness program. The change comes after a legal settlement and ongoing efforts by the U.S. Department of Education to manage debt relief.

Key Facts

  • Over 40,000 borrowers might get their student loans canceled due to a court decision.
  • Borrowers eligible for forgiveness include those on certain income-based repayment plans.
  • Around 18,000 borrowers in the Public Service Loan Forgiveness program will have their debts erased.
  • The Public Service Loan Forgiveness program is for people who have worked for 10 years in nonprofit or government jobs.
  • The Trump administration reversed many student loan forgiveness policies from the previous administration.
  • A legal settlement with the American Federation of Teachers has led to more eligible borrowers.
  • The U.S. Department of Education is working through a backlog of student loan applications for forgiveness.
  • There are over 40 million Americans with student loan debt, totaling $1.6 trillion.
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Man Divorces Wife Decades Ago, Shock at What Happens After Her Sudden Death

Man Divorces Wife Decades Ago, Shock at What Happens After Her Sudden Death

Summary

A man faced trouble getting his pension payments redirected after his ex-wife, who was entitled to a part of it due to a divorce settlement, passed away. The pension fund stopped paying his ex-wife when she failed to prove she was alive, and then refused to transfer the payments back to him after her death due to a name mismatch on her death certificate. The ex-wife had remarried and changed her name, but the pension records hadn’t been updated to reflect this.

Key Facts

  • A man had a settlement that gave his ex-wife a portion of his pension after their divorce.
  • The ex-wife remarried and changed her last name but did not update this with the pension fund.
  • The ex-wife passed away, and the pension payments were expected to revert to the man.
  • The pension fund refused because her death certificate showed a different name.
  • The pension fund required the name to match records, despite the SSN and birthdate being correct.
  • A pension legal expert explained that name mismatches can legally stall payment changes.
  • The couple is actively trying to resolve the situation with the pension fund.
  • The problem is procedural, not fraudulent, according to the user's explanation.
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Burger King’s President Gives Out Phone Number

Burger King’s President Gives Out Phone Number

Summary

Burger King is allowing U.S. customers to contact its President, Tom Curtis, with feedback by phone or text. Curtis is dedicating time each day to listen to customer feedback and aims to use this information to improve Burger King restaurants.

Key Facts

  • Burger King's President, Tom Curtis, is giving his phone number to customers for feedback.
  • Customers can call or text Curtis about food, service, and other concerns.
  • Curtis will spend four hours a day for two weeks responding to messages.
  • After two weeks, Curtis will reduce his response time, and other leaders will also participate.
  • The feedback will help Burger King prioritize improvements.
  • A previous customer campaign let people create Whopper burger versions for a chance to win $1 million.
  • The campaign featured finalists' creations on the menu for a limited time.
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Work on $16Bn New York-New Jersey Megaproject To Restart As Funds Released

Work on $16Bn New York-New Jersey Megaproject To Restart As Funds Released

Summary

Construction on the $16 billion Gateway rail tunnel between Manhattan and New Jersey is set to restart. The project had been paused due to a funding freeze, but a judge's order led to the release of necessary federal payments.

Key Facts

  • The Gateway rail tunnel project is worth $16 billion.
  • The project connects Manhattan, New York, and New Jersey.
  • Construction had stopped because federal payments were withheld.
  • A judge ordered the release of about $235 million, enabling work to restart.
  • The Hudson River tunnel serves over 200,000 daily riders and was damaged during Hurricane Sandy.
  • Funding comes from the federal government, New York, New Jersey, and Amtrak.
  • Contractors received instructions to resume work next week.
  • The issue of funding interruptions remains a legal and political challenge.
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Dunkin’ Announces New Snacks

Dunkin’ Announces New Snacks

Summary

Dunkin’ and Brownie Brittle have teamed up to release two new snacks inspired by Dunkin's coffee and doughnuts. The snacks, named Dunkin’ Sprinkled Donut Blondie Brittle and Dunkin’ Mocha Latte Brownie Brittle, are available in select stores and online from February 19, 2026.

Key Facts

  • Dunkin’ has partnered with Brownie Brittle to create two new snacks.
  • The snacks are called Dunkin’ Sprinkled Donut Blondie Brittle and Dunkin’ Mocha Latte Brownie Brittle.
  • These products will be available starting February 19, 2026, at select stores and online.
  • Brownie Brittle is known for thin, crispy brownie snacks.
  • The Sprinkled Donut Blondie Brittle mimics Dunkin’s classic sprinkled doughnut with colorful sprinkles.
  • The Mocha Latte Brownie Brittle has the taste of Dunkin’s mocha latte drink with espresso flavor.
  • Both snacks are available in different pouch sizes for easy snacking.
  • Purchases of these snacks earn points for Dunkin’s “At‑Home Extras” loyalty program.
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Walmart Hits New Milestone Amid US Financial Woes

Walmart Hits New Milestone Amid US Financial Woes

Summary

A study found that Walmart now leads grocery shopping in the U.S., reaching 72 percent of households, as many Americans face financial challenges. The study also noted that mass-channel retailers like Walmart are now as popular as traditional supermarkets. This shift is happening because many people are trying to spend less money on groceries.

Key Facts

  • Walmart's grocery shopping reach climbed to 72 percent.
  • Mass-channel retailers, including Walmart, matched supermarkets at 79 percent reach.
  • The increase in Walmart's reach happened as many Americans struggle with financial issues, including covering a $400 unexpected cost.
  • The study involved 8,500 participants from several countries, including the U.S.
  • Lower-price shopping options like dollar stores are becoming more popular, with dollar stores reaching 42 percent.
  • There was a misunderstanding about food inflation, perceived as 19.6 percent while it is actually 2.4 percent.
  • More consumers used coupons and looked for discounts, with 47 percent using store coupons and 68 percent seeking discounts.
  • The study predicts ongoing changes in shopping behavior due to financial pressures.
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Young Americans Fear They’ll Never Own a Home

Young Americans Fear They’ll Never Own a Home

Summary

Many young Americans are worried they might never be able to buy a home due to high housing costs and economic concerns. A recent survey shows that 23% of renters under 40 are unsure if they will ever buy a home, despite most still seeing homeownership as important. Rising rent and housing prices, as well as financial anxieties, are the main reasons for their concern.

Key Facts

  • 23% of renters under 40 are uncertain about buying a home, up from 18% a year ago.
  • Nearly 90% of young people surveyed believe owning a home is important.
  • Over three-quarters of respondents are worried about needing to reduce spending.
  • Many fear job losses, and 57% of homeowners are concerned about mortgage payments.
  • High housing costs are a key factor in economic anxiety, with affording a house being a major worry.
  • First-time homebuyers decreased to 21% of market share between July 2024 and June 2025.
  • Average age for first-time homebuyers rose to 40 years old.
  • Experts predict slight affordability improvements as wage growth may outpace house price growth.
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Warmer winter hits profits at British Gas owner

Warmer winter hits profits at British Gas owner

Summary

Centrica, the owner of British Gas, saw a decrease in profits in 2025. Warmer weather led to less heating use, and more customers chose cheaper energy plans. Despite this, British Gas added more customers by taking over those from other companies that closed.

Key Facts

  • Warmer weather in the UK in 2025 led to lower heating use by British Gas customers.
  • Centrica, British Gas's owner, reported a profit fall from £1.55 billion in 2024 to £814 million in 2025.
  • Customers switched from variable to cheaper fixed-rate energy tariffs, affecting profits.
  • British Gas's customer base grew to 7.5 million in the UK.
  • This growth included taking over customers from Rebel Energy and Tomato Energy after they went out of business.
  • The UK experienced its warmest and sunniest year on record in 2025, with an average temperature of 10.09°C.
  • Centrica's stock price dropped by more than 7% in London trading.
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Map Reveals Cheapest and Most Expensive Days To Buy Gas in Every State

Map Reveals Cheapest and Most Expensive Days To Buy Gas in Every State

Summary

A new map from GasBuddy shows that gas prices in the U.S. vary depending on the day of the week. Sundays are usually the cheapest days to buy gas, while midweek days like Wednesday and Thursday are often the most expensive.

Key Facts

  • GasBuddy conducted an analysis to find patterns in gas prices across all U.S. states.
  • Sunday tends to be the cheapest day to purchase gas in most states.
  • Wednesday and Thursday are generally the most expensive days to fill up.
  • Drivers can save between 4 and 9 cents per gallon by buying gas on the cheapest weekday.
  • California consistently has higher gas prices due to taxes and regulations but follows the same weekday price patterns.
  • GasBuddy analyzed daily statewide average prices from the past year for this study.
  • These patterns do not account for additional savings from discounts or special programs.
  • Gas prices fluctuate due to factors like oil markets, taxes, and seasonal demand but show consistent weekly trends.
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Shrimp Recall Update as FDA Sets Risk Level

Shrimp Recall Update as FDA Sets Risk Level

Summary

The FDA has issued a Class II recall for frozen cooked shrimp due to potential cesium contamination. The recall affects products distributed by H & N Group to around 30 locations in the Houston and Gulf Coast areas.

Key Facts

  • The recall is classified as Class II by the FDA, meaning the product might cause temporary or reversible health effects.
  • The affected product is Frozen Cooked Medium Shrimp, Peeled & Deveined, Tail Off-White Shrimp, sold in 1-pound bags.
  • Around 3,780 units, packaged in 378 cases, are part of the recall.
  • The shrimp was found to be potentially contaminated with Cesium-137, a radioactive substance.
  • Distribution was limited to a single retail company with about 30 locations.
  • The recall began on February 9, 2026, and received its Class II status on February 18, 2026.
  • H & N Group, based in Vernon, California, voluntarily initiated the recall.
  • The FDA is monitoring the recall, which is still ongoing.
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'We're still on edge': Toy firms look to US Supreme Court as tariffs hit profits

'We're still on edge': Toy firms look to US Supreme Court as tariffs hit profits

Summary

Toy companies in the U.S. are facing uncertainty due to tariffs on imports, mainly from China, which have increased prices and affected profits. Rick Woldenberg, head of Learning Resources, sued the Trump administration over these tariffs, and the case may soon be decided by the U.S. Supreme Court. Many companies are hoping for stable trade policies to avoid further price increases.

Key Facts

  • Tariffs on imports, especially from China, have hit the toy industry hard, increasing costs for companies.
  • Rick Woldenberg, CEO of Learning Resources, filed a lawsuit against the Trump administration challenging the tariffs.
  • The U.S. Supreme Court is expected to make a decision soon on the tariff case.
  • Some products were exempted from tariffs, and the average tariff rate for Chinese imports is now around 20%.
  • Companies like Basic Fun and Glo Pals have raised their prices to cope with increased costs.
  • Many businesses hope for stable trade policies to avoid further price hikes.
  • The White House plans to find other ways to impose tariffs if the Supreme Court rules against the current measures.
  • The government might have to refund some of the money collected from businesses if the tariff case is lost.
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Coca-Cola  bottler sued by federal agency over work event that excluded men

Coca-Cola bottler sued by federal agency over work event that excluded men

Summary

The U.S. Equal Employment Opportunity Commission (EEOC) has filed a lawsuit against Coca-Cola Beverages Northeast, claiming the company discriminated against men by holding a work event that only invited female employees. This is the first such lawsuit during President Trump's second term, where he has focused on changing diversity policies. The EEOC claims that the event violated federal laws that require equal opportunity in the workplace.

Key Facts

  • A Coca-Cola distributor is being sued for alleged sexual discrimination by excluding men from a work event.
  • The event involved a two-day networking trip in Connecticut open only to women.
  • Female employees who attended were paid their normal wages without using time off.
  • The EEOC claims this action violates Title VII of the Civil Rights Act of 1964.
  • The lawsuit marks the first related to workplace diversity during President Trump's second term.
  • The EEOC is also examining other companies like Nike and Northwestern Mutual for similar issues.
  • The agency is ensuring that all employees have equal access to employer-sponsored events.
  • Coca-Cola Beverages Northeast has not responded to requests for comment.
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Reeves' borrowing rules 'need a rethink', claims IFS

Reeves' borrowing rules 'need a rethink', claims IFS

Summary

The Institute for Fiscal Studies (IFS) suggests that UK Chancellor Rachel Reeves' borrowing rules need changes because they lead to ineffective policy decisions. They recommend using a new system to evaluate the government's financial health, rather than focusing on a single financial target. The Treasury defends the current rules, saying they help maintain low interest rates and support growth.

Key Facts

  • The Institute for Fiscal Studies (IFS) is a think tank that analyzes financial policies in the UK.
  • The IFS argues that current borrowing rules are too rigid and lead to poor decision-making.
  • These rules require borrowing or debt to stay below a specific limit.
  • The Treasury believes these rules help keep interest rates low and support investment in growth.
  • IFS suggests using a "fiscal traffic lights" system to better assess financial health.
  • This system would provide a broader evaluation of the government's financial position.
  • There is a call for changes to the fiscal framework before the next general election.
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Coca-Cola sued by federal agency over work event that excluded men

Coca-Cola sued by federal agency over work event that excluded men

Summary

The U.S. Equal Employment Opportunity Commission (EEOC) has filed a lawsuit against Coca-Cola Beverages Northeast. The suit claims sexual discrimination because a company event only allowed women to attend. This is the first workplace diversity lawsuit filed by the EEOC during President Trump's second term.

Key Facts

  • The lawsuit is about an event that excluded male employees.
  • The U.S. Equal Employment Opportunity Commission is the agency that filed the lawsuit.
  • The event took place in September 2024 in Connecticut.
  • Female employees who attended were excused from work duties and received regular pay.
  • Male employees were not invited to the event.
  • Coca-Cola has not yet responded to requests for comments on the lawsuit.
  • This case marks the first lawsuit of its kind by the EEOC during President Trump's second term.
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The two farms in Senegal that supply many of the UK's vegetables

The two farms in Senegal that supply many of the UK's vegetables

Summary

Two farms in Senegal supply a large portion of the UK's vegetables, particularly during winter. The hot and dry climate near the Sahara Desert does not seem ideal for farming, but the availability of river water allows for successful cultivation. These farms export significant amounts of produce to UK supermarkets.

Key Facts

  • Two British-run farms in north Senegal supply many vegetables to the UK.
  • Most of the workers on the farms are women.
  • The farms grow crops like corn, green beans, and spring onions.
  • The area is near the Sahara Desert, but water from the Senegal River supports the farms.
  • Each winter, the UK gets a high percentage of its fresh produce from these farms.
  • The Saint-Louis area in Senegal provides abundant sunlight and labour.
  • The larger farm started with an entrepreneur using Google Earth to scout locations.
  • Vegetables are exported weekly by ship to the UK from Dakar port.
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eBay buys second-hand clothing app Depop for $1.2bn

eBay buys second-hand clothing app Depop for $1.2bn

Summary

eBay has purchased Depop, a second-hand clothing app popular with younger generations, for $1.2 billion. The acquisition is part of eBay's strategy to attract more young users interested in buying and selling used clothing.

Key Facts

  • eBay bought Depop, which is a second-hand clothing app, for $1.2 billion.
  • Depop was founded in the UK and bought by Etsy in 2021.
  • Nearly 90% of Depop's active buyers are under the age of 34.
  • Depop has over three million active sellers on its platform.
  • eBay aims to reach younger customers with this new acquisition.
  • Depop is one of the fastest-growing fashion resale marketplaces in the U.S.
  • Etsy, which previously bought Depop, has seen its share price increase by 15% after selling it.
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California mulls a billionaire tax, revealing a deeply divided state

California mulls a billionaire tax, revealing a deeply divided state

Summary

California is considering a one-time tax on billionaires to counteract federal budget cuts affecting healthcare funding. This proposal has sparked debate, with some business leaders opposing it due to concerns about its impact on California's economy. The tax would need voter approval, and Senator Bernie Sanders is supporting the campaign to gather enough signatures for it to be on the ballot.

Key Facts

  • California may introduce a 5% tax on individuals with over $1 billion in assets.
  • The tax aims to recover funds lost due to the One Big Beautiful Bill Act (OBBBA) by President Trump, requiring more eligibility checks for Medicaid.
  • Senator Bernie Sanders is campaigning for the tax to be included in the November ballot.
  • Business leaders worry the tax will harm California's economy and encourage billionaires to leave the state.
  • Google cofounders Larry Page and Sergey Brin have reportedly moved to Florida, possibly to avoid the tax.
  • Governor Gavin Newsom, despite a budget deficit, is not supporting the tax measure.
  • California's economy heavily relies on its tech industry, and losing tech billionaires might destabilize it.
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Trump adviser calls for Fed economists to be 'disciplined'

Trump adviser calls for Fed economists to be 'disciplined'

Summary

President Trump's adviser, Kevin Hassett, criticized a Federal Reserve study that claimed U.S. businesses and consumers are bearing the majority of costs from tariffs. Hassett called for disciplinary action against the economists involved, arguing that the study presented a partisan viewpoint. The study aligns with other reports indicating high tariff costs are passed on to U.S. buyers.

Key Facts

  • Kevin Hassett is the director of the National Economic Council and an adviser to President Trump.
  • Hassett criticized a Federal Reserve study that said U.S. firms and consumers bear 90% of tariff costs.
  • The study was conducted by the New York Federal Reserve and is consistent with findings from other research groups.
  • Hassett described the study as an embarrassment and suggested economists involved should be disciplined.
  • President Trump's administration has been critical of the Federal Reserve, focusing mainly on interest rate issues.
  • The Supreme Court is reviewing a legal challenge related to President Trump's global tariffs.
  • Inflation in the U.S. recently decreased, according to the Department of Labor.
  • Hassett claims tariffs have benefited consumers by increasing real wages.
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