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Business news, market updates, and economic developments

Oatly loses long-running 'milk' battle with dairy lobby

Oatly loses long-running 'milk' battle with dairy lobby

Summary

Oatly, a company that makes plant-based drinks, lost a legal battle in the UK about using the word "milk" in its marketing. The UK Supreme Court decided that Oatly cannot use the term "post-milk generation" to describe its products. This decision is based on rules saying that "milk" should only be used for animal-based products.

Key Facts

  • Oatly cannot use "oat milk" or "post-milk generation" in its marketing.
  • The UK Supreme Court and several other courts made this decision.
  • Dairy UK argued that the term "milk" must only describe animal-derived products.
  • The Intellectual Property Office (IPO) had earlier denied Oatly the trademark.
  • Similar rulings align with the EU's stance against using "milk" for non-animal products.
  • Oatly may now use terms like "dairy-free" strictly for factual information.
  • European farmers claim such terms can mislead consumers and impact their industry.
  • The decision aligns with strict EU and UK dairy term regulations.
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US Chemical Giant Scraps Pesticide Linked to Cancer Risk, Ends Legal Battle

US Chemical Giant Scraps Pesticide Linked to Cancer Risk, Ends Legal Battle

Summary

Corteva Agriscience has announced it will stop making and selling its herbicide Enlist Duo in the U.S. The decision comes after years of legal challenges about the pesticide's links to cancer and environmental harm. The U.S. Environmental Protection Agency must still officially cancel the registration for Enlist Duo.

Key Facts

  • Corteva Agriscience is stopping production and sales of the herbicide Enlist Duo in the U.S.
  • Enlist Duo is a mix of two chemicals, 2,4-D and glyphosate, linked to cancer and environmental harms.
  • The Center for Food Safety has been challenging Enlist Duo since 2015 due to health and environmental concerns.
  • Enlist Duo currently makes up less than 1% of Corteva's U.S. Enlist sales.
  • The U.S. Environmental Protection Agency has not yet officially canceled the product's registration.
  • 2,4-D, used since the 1940s, was part of Agent Orange used in the Vietnam War.
  • The World Health Organization classified glyphosate as "probably carcinogenic to humans" in 2015.
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Trump’s Plan To Lower Mortgage Rates Could Run Into Trouble

Trump’s Plan To Lower Mortgage Rates Could Run Into Trouble

Summary

President Donald Trump wants to lower mortgage rates and has selected Kevin Warsh as the new chair for the Federal Reserve. Warsh, a former Wall Street executive and Fed governor, must be confirmed by the Senate. Experts say Warsh’s potential policies could result in higher mortgage rates, which is different from Trump's goal.

Key Facts

  • President Trump has been pushing for lower mortgage rates.
  • Jerome Powell, the current Fed chair, refused to cut interest rates.
  • Trump nominated Kevin Warsh to replace Powell once his term ends.
  • Warsh has experience as a former Fed governor and Wall Street executive.
  • Warsh must be confirmed by the Senate to become the next Fed chair.
  • Warsh may want to reduce the Fed’s large bond holdings.
  • Reducing bond holdings could actually increase mortgage rates.
  • Trump’s aim of reducing mortgage rates might not align with Warsh’s policies.
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US Experiencing a ‘Generational Recession’—With Gen Z Hit Hardest

US Experiencing a ‘Generational Recession’—With Gen Z Hit Hardest

Summary

A report from Goodwill Industries International highlights significant economic challenges faced by Gen Z adults, who report high levels of unemployment and uncertainty about their career paths. The report shows a "generational recession" impacting younger workers more severely than older generations. Many Gen Z individuals experience job insecurity and postpone key financial goals due to economic pressures.

Key Facts

  • Gen Z adults are facing the highest levels of unemployment, with 15% of them unemployed and seeking work.
  • The overall unemployment rate reported across all generations is 11%.
  • 82% of Gen Z workers feel confident about their current job, lower than the average confidence level of 86% among all age groups.
  • Only 28% of Gen Z feel sure about their future if they lose their current job, compared to 59% of Baby Boomers.
  • 42% of Gen Z delay major financial goals like paying off debt or buying a home due to job concerns.
  • One in five Gen Z respondents are considering a significant career change due to economic conditions.
  • The survey includes responses from 1,300 people, with an oversample of Gen Z respondents.
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GloRilla Net Worth 2026 as Sister Says Family Deserves Money

GloRilla Net Worth 2026 as Sister Says Family Deserves Money

Summary

GloRilla, a Grammy-nominated rapper, is involved in a public dispute with her sister over financial support for their family. Her estimated net worth is between $1 million and $3 million, but her sister claims GloRilla is not helping their family financially. Despite the dispute, GloRilla has not publicly confirmed her earnings or financial obligations.

Key Facts

  • GloRilla's real name is Gloria Woods.
  • She is a successful rapper from Memphis, signed to Yo Gotti's label in 2022.
  • GloRilla's estimated net worth in 2026 is between $1 million and $3 million.
  • Her income comes from a label advance, streaming, touring, and endorsements.
  • She owns a house in Georgia worth about $2.76 million.
  • GloRilla's sister, Scar Face, claims the rapper does not financially support their family.
  • Scar Face mentioned their mother still works at FedEx and requested $2,500 per family member.
  • Rapper Tory Lanez sent Scar Face $2,500 to help with the situation.
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Nearly Half of Gen Z Suffering From 'Financial Avoidance'

Nearly Half of Gen Z Suffering From 'Financial Avoidance'

Summary

Nearly half of Gen Z adults in the U.S. avoid checking their bank accounts due to stress about their finances. A recent survey shows that both Gen Z and Millennials experience significant anxiety about their money situation. Many Americans face financial challenges, including high levels of debt and ongoing reliance on credit.

Key Facts

  • 46% of Gen Z adults avoid checking their bank account balances because of financial stress.
  • Nearly three-quarters of both Gen Z and Millennials report high or moderate anxiety about their money.
  • A consumer confidence survey showed that optimism about finances is at a low, with negative views on business and job conditions.
  • A survey found 88% of American adults experience financial stress, an increase from 79% in 2020.
  • The total American consumer debt reached a new high, with credit card debt at $1.3 trillion and auto loans at $1.7 trillion.
  • Many Americans still depend on credit and often live paycheck to paycheck.
  • Less than half of young adults feel ready for major financial steps like buying a home or starting a family.
  • Recent data shows fewer Americans expect improvements in their personal financial situation over the next year.
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Millions Warned of Possible Months-Long Tax Refund Delays

Millions Warned of Possible Months-Long Tax Refund Delays

Summary

Tax refunds in Idaho might face delays due to budget cuts. Governor Brad Little is considering tax cuts from the federal One Big Beautiful Bill Act, which may affect the refund timeline. Residents may have to wait longer for refunds and might receive interest due to the delays.

Key Facts

  • Idaho's tax refunds could be delayed for months because of state budget cuts.
  • Governor Brad Little is deciding on approving federal tax cuts from the One Big Beautiful Bill Act.
  • The Idaho State Tax Commission warned the delays could earn residents interest on late refunds.
  • State budget cuts include a reduction of nearly every agency's budget by 1%, totaling $131 million.
  • Previous summer cuts of 3% were implemented due to a budget crisis, saving around $210,308.
  • Approving the tax conformity bill could result in $155 million loss in state revenue.
  • Federal tax cuts under President Trump's Working Families Tax Cuts might increase refunds by $1,000 on average, but Idaho faces state-level issues.
  • Tax refund delays are expected to be a state administrative issue and federal refunds should not be affected.
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Tater Tot Recall Update as FDA Sets Risk Level

Tater Tot Recall Update as FDA Sets Risk Level

Summary

The FDA has classified the recall of certain McCain Foods USA Tater Tots as a Class II risk, indicating moderate potential health risks due to possible plastic fragments in the products. The recall involves two types of Tater Tots under the Ore-Ida and Sonic brands distributed in 29 U.S. states.

Key Facts

  • McCain Foods USA issued a recall for two types of Frozen Tater Tots on January 12, 2026.
  • The FDA set the recall at a Class II risk level, meaning there is moderate risk with unlikely chance of serious health issues.
  • The recalled products may contain small hard plastic pieces.
  • The recall affects 21,557 cases of Ore-Ida and 67 cases of Sonic Tater Tots.
  • Each case contains six 5-pound bags, packed in clear, unlabeled poly bags.
  • Affected Tater Tots were sent to 29 states, including California, Texas, and Florida.
  • The products were distributed to food service accounts, not retail stores.
  • McCain USA has been contacting affected parties to manage the recall.
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Warehouse Worker Furious at What ‘Extra Payday’ Turns Out To Be

Warehouse Worker Furious at What ‘Extra Payday’ Turns Out To Be

Summary

A warehouse worker posted online about receiving a mini candy bar as a token of appreciation from their multibillion-dollar company, leading to backlash about the gesture's insensitivity. The worker's post went viral, prompting others to share similar experiences of inadequate workplace rewards.

Key Facts

  • A warehouse worker received a mini "PayDay" candy bar as recognition from their company.
  • The mini candy bar had a note saying the worker deserved an "EXTRA PAYDAY."
  • The gesture was criticized online for being cheap and disrespectful.
  • The post received more than 33,000 upvotes on Reddit.
  • Other users shared similar stories of disappointing workplace appreciation.
  • Critics pointed out a grammatical error in the company's note.
  • Many comments suggested the company was either mocking workers or simply clueless.
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Newsweek New & Noteworthy: Products You Need to Try (Feb 11, 2026)

Newsweek New & Noteworthy: Products You Need to Try (Feb 11, 2026)

Summary

The Newsweek New & Noteworthy feature highlights a variety of new consumer products, including beauty, food, and household items. The products mentioned are designed to offer new innovations and solutions in their respective categories, such as Olay's moisturizer with a built-in roller and Oreo's sugar-free cookies.

Key Facts

  • Newsweek New & Noteworthy is a feature that showcases new products weekly.
  • Olay introduced a face and neck moisturizer with a built-in roller for even application.
  • Carbone Fine Food launched a Cacio e Pepe Alfredo sauce for home use.
  • Vaseline released a limited-edition mini lip balm for Valentine’s Day.
  • Oreo has launched zero-sugar chocolate sandwich cookies.
  • e.l.f. Beauty and H&M created a limited-edition fragrance line.
  • Bob's Red Mill introduced a baking mix for making blondies.
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Jack in the Box Menu Change Brings Back Fan-Favorite Sandwich

Jack in the Box Menu Change Brings Back Fan-Favorite Sandwich

Summary

Category: business Jack in the Box is bringing back a popular sandwich called the "Hot Mess Burger" for its 75th anniversary. The burger will be available nationwide for a limited time and is part of a larger celebration that includes collectible items and an anniversary tour.

Key Facts

  • Jack in the Box is reintroducing the "Hot Mess Burger" starting February 16 at locations nationwide.
  • The burger was first introduced in 2013 and became highly requested after it was removed.
  • It features a beef patty, white cheese sauce, pepper jack cheese, pickled jalapeños, and onion rings on sourdough bread.
  • The burger will be available until April 5, 2026, according to Nation's Restaurant News.
  • The company is also bringing back the Hot Mess Double Cheeseburger and a Hot Mess Munchie Meal.
  • A promotional tour will start in San Diego and end in Austin, Texas, with stops in between.
  • Jack in the Box is also releasing a new version of a collectible antenna ball to mark the occasion.
  • The company plans to remake a classic advertisement featuring its mascot for this celebration.
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130,000 jobs added in January while labor revisions cut hundreds of thousands last year

130,000 jobs added in January while labor revisions cut hundreds of thousands last year

Summary

The U.S. added 130,000 jobs in January, but past job numbers were revised down, showing fewer jobs than previously thought. The unemployment rate dropped to 4.3%.

Key Facts

  • 130,000 new jobs were added in the U.S. in January.
  • The U.S. government's revisions showed a decrease in job numbers for 2024-2025 by hundreds of thousands.
  • The unemployment rate in the U.S. fell to 4.3%.
  • Job number revisions revealed that only 181,000 jobs were created last year.
  • Last year’s revised job count was the lowest since 2020.
  • The U.S. economy is growing, but the job market remains slow.
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Amazon Recall Update Nationwide: ‘Serious Injury or Death’

Amazon Recall Update Nationwide: ‘Serious Injury or Death’

Summary

Amazon has announced several recalls of products sold on its website due to safety concerns. These recalls involve essential oils, dietary supplements, and food items that could pose risks like poisoning and choking. Federal agencies are working with Amazon to address these issues and provide refunds to customers.

Key Facts

  • Amazon issued recalls for various products including essential oils, dietary supplements, and food items.
  • Recalled essential oils contained methyl salicylate and lacked childproof packaging, posing a poisoning risk.
  • Essential oils from Lotus Joy, GM Gumili, and Organic Zing are affected.
  • No injuries or deaths have been reported from the essential oils.
  • The Ashfiat Alharamain Energy Support supplement was recalled for containing undeclared Tadalafil, a prescription drug.
  • The Chips Ahoy! Baked Bites Brookie had a recall due to a choking hazard from corn starch clumps.
  • The U.S. Consumer Product Safety Commission (CPSC) and the Food and Drug Administration (FDA) are involved in these recalls.
  • Customers are advised to stop using recalled products and follow instructions for refunds or replacements.
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The AI boom belongs to capital, not workers

The AI boom belongs to capital, not workers

Summary

The United States is seeing a big increase in investments in artificial intelligence (AI) and related infrastructure. However, most of the economic benefits from these investments are not going to the workers, whose job opportunities and wage growth are lagging. This trend reflects a long-term shift where more income is going to business profits rather than workers' wages.

Key Facts

  • The U.S. is experiencing a surge in investments from artificial intelligence (AI).
  • Workers are not seeing significant economic benefits from this AI investment boom.
  • Since the 1980s, the share of national income going to workers has decreased.
  • The share of income going to corporate profits has increased from 7.2% in 1980 to 11.7%.
  • If workers were to regain their 1980 share of income, it would mean an extra $2 trillion annually.
  • Changes in technology, like robotics, have reduced the need for manual labor.
  • Decline in union power and globalization are other factors affecting wage growth.
  • The AI boom may further increase the divide in income distribution between workers and businesses.
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Full List of Britney Spears’ Catalogue as Rights Reportedly Sell for $200M

Full List of Britney Spears’ Catalogue as Rights Reportedly Sell for $200M

Summary

Britney Spears has reportedly sold the rights to her music catalogue to Primary Wave for around $200 million. The details of the deal, including which specific rights were sold, have not been publicly shared. Spears is known for her influence in pop music and has sold over 150 million records worldwide.

Key Facts

  • Britney Spears reportedly sold her music catalogue rights to Primary Wave.
  • The deal is said to be worth about $200 million.
  • The exact rights and terms of the sale are not confirmed.
  • Spears is famous for songs like “…Baby One More Time” and “Toxic.”
  • She was released from a conservatorship in November 2021.
  • Spears is among the best-selling female artists globally, with over 150 million records sold.
  • She expressed on Instagram in January 2024 that she would not return to the music industry.
  • Spears released her memoir, "The Woman in Me," in 2023.
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Chipotle Shifts Toward Wealthier Diners—Why Fans Think it's 'An Absolute Mess'

Chipotle Shifts Toward Wealthier Diners—Why Fans Think it's 'An Absolute Mess'

Summary

Chipotle's CEO noted that a large portion of their customers earn over $100,000 per year and sees potential to appeal to these customers. This has led to discussions about Chipotle's strategy and customer satisfaction regarding prices and portion sizes.

Key Facts

  • Chipotle's CEO reported that 60% of their core customers have incomes over $100,000.
  • The company plans to target these higher-income customers with new dining options and digital improvements.
  • Since 2021, Chipotle has increased prices six times, leading to a profit jump of 110%.
  • The CEO of Chipotle made $22.4 million in 2023, which is much higher than the median pay for its employees.
  • Customers have expressed dissatisfaction over reduced food quality and serving sizes despite higher prices.
  • Chipotle clarified it raised prices by only 0.7% this quarter, below the industry's average increase of 4%.
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Is US Now a Buyer’s Market? What Trends Say

Is US Now a Buyer’s Market? What Trends Say

Summary

More housing markets in the U.S. are becoming buyer's markets. This means that buyers have more choices and better negotiating power because there are more homes for sale, and sales are slowing down.

Key Facts

  • In 18 of the 50 largest U.S. metropolitan areas, it's now more favorable for buyers than sellers.
  • A buyer's market typically occurs when there is more than six months of supply of homes.
  • The list includes Miami, Austin, and Orlando as some of the top buyer's markets.
  • The increase in home listings is partly due to higher housing costs and economic concerns keeping buyers away.
  • The concept of "months of supply" helps measure the balance between home supply and demand.
  • Even when prices are high, the power balance can shift if homes take longer to sell.
  • Places like Miami have become buyer's markets despite high prices due to slower sales.
  • Housing experts note that well-kept, move-in-ready homes still sell faster at higher prices.
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Top Canadian pension fund halts deals with UAE firm over Epstein ties

Top Canadian pension fund halts deals with UAE firm over Epstein ties

Summary

Canada's second-biggest pension fund, La Caisse, has stopped making new investments with UAE-based company DP World. This decision comes after discovering connections between DP World's CEO, Sultan Ahmed bin Sulayem, and Jeffrey Epstein. The fund wants DP World to clarify these links and take action.

Key Facts

  • La Caisse is Canada’s second-largest pension fund.
  • DP World is a logistics company based in the United Arab Emirates.
  • Sultan Ahmed bin Sulayem is the CEO of DP World.
  • Ties between bin Sulayem and Jeffrey Epstein have been revealed in files released by the U.S. Justice Department.
  • La Caisse will not make new investments with DP World until the issue is cleared up.
  • La Caisse is not a shareholder in DP World but partners on some projects.
  • DP World operates more than 60 ports and terminals around the world.
  • In 2022, La Caisse invested $2.5 billion in DP World’s assets in the UAE.
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Trump Tariffs Predicted To Cost American Families $1,300 in 2026

Trump Tariffs Predicted To Cost American Families $1,300 in 2026

Summary

Research shows President Donald Trump's tariffs are increasing costs for American households, with an expected additional $1,300 cost in 2026. The tariffs aim to protect U.S. industries, but they mainly affect American consumers and businesses. These tariffs are predicted to generate revenue and potentially impact the U.S. economy by reducing GDP and possibly offsetting other tax benefits.

Key Facts

  • President Trump's tariffs have increased costs for U.S. households by an average of $1,000 in 2025, projected to rise to $1,300 in 2026.
  • The tariffs aim to protect domestic industries by taxing imported goods.
  • These tariffs are thought to create economic uncertainty and affect trade relations.
  • The Tax Foundation reports these tariffs as the largest U.S. tax increase by percentage of GDP since 1993.
  • The average tariff rate on U.S. imports has risen to 13.5 percent with current tariffs.
  • Tariffs are expected to raise over $2 trillion in revenue over the next 10 years.
  • Revenue from tariffs might decrease due to negative economic effects, reducing America’s GDP by 0.5 percent.
  • The Supreme Court is reviewing the President's emergency powers regarding tariffs.
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Whataburger Menu Sees Return of Favorite Whatacatch Sandwich

Whataburger Menu Sees Return of Favorite Whatacatch Sandwich

Summary

Whataburger is bringing back its Whatacatch Sandwich and Whatacatch Platter for a limited time during Lent, from February 17 to April 6. This seasonal menu includes fish options for customers seeking alternatives to meat on Fridays.

Key Facts

  • Whataburger is reintroducing the Whatacatch Sandwich and Platter for a limited period.
  • The items will be available from February 17 to April 6.
  • These seafood dishes coincide with the Lenten season, which often sees more demand for fish.
  • The Whatacatch Sandwich includes a fried Alaskan pollock fillet with seasoned breadcrumbs.
  • The Whatacatch Platter features two fried fish fillets with fries and tartar sauce.
  • Customers can order these items in-restaurant, via curbside pickup, or through delivery.
  • The Whatacatch Sandwich meal costs $9.49, and the Platter meal is priced at $11.99.
  • Whataburger's app allows customers to earn points toward future purchases with their loyalty program.
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