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Just the Facts, from multiple news sources.

Business News

Business news, market updates, and economic developments

Jamie Oliver on the return of his restaurant chain

Jamie Oliver on the return of his restaurant chain

Summary

Jamie Oliver discusses the reopening of his restaurant chain. This move marks his return to the restaurant industry.

Key Facts

  • Jamie Oliver is planning to reopen his restaurant chain.
  • This marks a comeback in the restaurant business for him.
  • The information is available in a full episode on BBC Sounds.
  • Jamie Oliver is a well-known chef and TV personality.
  • His previous restaurant ventures faced challenges, leading to closures.
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DoorDash Map Shows America’s Favorite Delivery Restaurants

DoorDash Map Shows America’s Favorite Delivery Restaurants

Summary

DoorDash released a map showing the top local restaurants for delivery in 2025 across the U.S. These restaurants have high customer ratings and specialize in various cuisines. DoorDash saw a significant increase in orders from African restaurants compared to the previous year.

Key Facts

  • DoorDash published its "America’s Favorite Delivery Spots" map for 2025.
  • The map lists top local restaurants with fewer than 10 locations and over 1,000 reviews.
  • Featured restaurants received high delivery service ratings between January and October 2025.
  • The list highlights restaurants specializing in diverse cuisines, including African, Burmese, and Filipino food.
  • There was a 61% increase in orders from African restaurants compared to the previous year.
  • DoorDash used platform data to ensure a wide range of cuisines in its rankings.
  • Listed businesses are recognized for high customer satisfaction and quality delivery.
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Delta Activates Full Court Hospitality Press for Holiday Season

Delta Activates Full Court Hospitality Press for Holiday Season

Summary

Delta Air Lines is making special efforts to enhance customer experience during the holiday season. The company plans to use data and careful planning to ensure smooth travel for passengers and to celebrate its centennial anniversary in 2025. Delta aims to maintain high levels of care, reliability, and satisfaction.

Key Facts

  • Delta Air Lines is an aviation company based in Atlanta, USA.
  • The company is known for its reliability and customer satisfaction.
  • Delta is enhancing its customer services for the holiday travel season.
  • The company uses data to improve customer experiences.
  • Delta focuses on safety and cleanliness for passenger journeys.
  • Delta is celebrating its 100th anniversary in 2025.
  • The aim is to ensure a seamless and caring experience at every touchpoint.
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Krispy Kreme Offers 12 Donuts for $1—One Day Only

Krispy Kreme Offers 12 Donuts for $1—One Day Only

Summary

Krispy Kreme will offer a special deal called "Day of the Dozens" on December 12, 2025, where customers can buy a dozen donuts for $1 with the purchase of another dozen at full price. This offer is available in stores, drive-thru, and online with a limit on the number of discounted dozens a customer can buy.

Key Facts

  • The "Day of the Dozens" deal is happening on December 12, 2025.
  • Customers can buy 12 donuts for $1 when buying a dozen at full price.
  • The offer is valid at participating U.S. stores and is limited to two discounted dozens per person in-store and drive-thru, and one online.
  • Online purchases require a promo code "DOZEN" for the discount.
  • Krispy Kreme launched a holiday collection with Peanuts-themed donuts to celebrate Peanuts' 75th anniversary.
  • The Peanuts Collection includes donuts shaped and decorated to look like characters from the Peanuts cartoon, like Snoopy and Charlie Brown.
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‘King of American Coins’ Discovered in Grandfather’s Home, It Sells for $6M

‘King of American Coins’ Discovered in Grandfather’s Home, It Sells for $6M

Summary

A rare 1804 silver dollar, known as the "King of American Coins," was discovered in a family collection. It sold for $6 million at an auction on December 9, 2025. This coin was part of a collection owned by New York collector James A. Stack, Sr.

Key Facts

  • The 1804 silver dollar is called the "King of American Coins."
  • The coin was hidden in a family collection for over 75 years.
  • It sold at auction on December 9, 2025, for $6 million.
  • The coin was owned by New York collector James A. Stack, Sr.
  • It was revealed to numismatists (coin experts) in 2024.
  • The coin is one of 16 known examples, overturning previous research which thought there were only 15.
  • The U.S. Mint originally created these coins in 1834 for gifts to world leaders, like the King of Siam.
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Costco Recall Update Nationwide: Customers Urged 'Do Not Consume' Products

Costco Recall Update Nationwide: Customers Urged 'Do Not Consume' Products

Summary

American Nuts, LLC and the FDA have announced a recall of Hawaiian Macadamia Nut Co. Baking Nuts because they might be contaminated with Salmonella. This product was sold at a specific Costco location in Hawaii between November 29 and December 4, 2025. Customers who bought these nuts are advised not to eat them and to return them to the store for a refund.

Key Facts

  • American Nuts, LLC has recalled certain macadamia nuts due to possible Salmonella contamination.
  • The affected nuts are sold in a 20-ounce package with item #1840464 and lot code 307HMNC25L3.
  • These nuts were available at the Costco Hawaii Kai warehouse from November 29 to December 4, 2025.
  • People should check for the lot code and return the product to Costco for a full refund if they have it.
  • Salmonella can cause symptoms like diarrhea, fever, and stomach cramps.
  • Children, the elderly, and people with weakened immune systems are at higher risk for severe illness from Salmonella.
  • This recall is one of several recent recalls affecting Costco products.
  • Consumers can contact American Nuts, LLC for more information using the provided phone number or email.
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JPMorgan: The biggest national security threat may be America's workforce

JPMorgan: The biggest national security threat may be America's workforce

Summary

A JPMorganChase report says many American adults lack basic digital skills, which is seen as a threat to national security. The report emphasizes that developing the right skills is necessary for progress in important industries like AI and energy. The report urges both public and private sectors to invest more in training and re-skilling the workforce.

Key Facts

  • 40% of American adults lack basic digital skills, according to a JPMorganChase report.
  • The report calls the workforce shortage a national security threat, not just an economic issue.
  • It encourages cooperation between public and private sectors to improve training and skills.
  • The U.S. federal government supports policies addressing shortages in several key areas.
  • JPMorganChase has announced a $1.5 trillion investment initiative focused on AI, energy, and more.
  • Current government initiatives include paid apprenticeships and expanded workforce grants.
  • In the defense sector, 46% of leaders report problems recruiting and retaining skilled workers.
  • The semiconductor industry needs an additional 3.8 million workers by 2033, with many positions remaining unfilled.
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Wall Street prepares for a $3 trillion IPO gusher

Wall Street prepares for a $3 trillion IPO gusher

Summary

Several large startup companies are considering going public next year, potentially creating about $3 trillion in new public companies. This includes companies linked to artificial intelligence (AI) and space, reflecting strong investor interest in these areas. However, there is concern about the high valuations of these companies and the possibility of another market bubble.

Key Facts

  • Some of the world's biggest startups are planning to go public next year, aiming for a combined valuation of around $2.9 trillion.
  • Elon Musk's SpaceX plans to hold an initial public offering (IPO) and is seeking a $1.5 trillion valuation.
  • Other companies considering IPOs include AI-linked firms like Databricks, Anthropic, and OpenAI, with high market valuations.
  • Current market conditions include high investor enthusiasm for AI, space, and cryptocurrency companies.
  • There is concern among investors about the formation of a market bubble, especially with current AI companies.
  • Oracle's stock recently fell 11% due to disappointing sales but increased spending, indicating caution among investors.
  • WeWork's past overvaluation serves as a warning, highlighting the potential risk of overly optimistic valuations.
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Arizona Taco Chain Forced to Close 7 Restaurants Over ICE Arrests

Arizona Taco Chain Forced to Close 7 Restaurants Over ICE Arrests

Summary

Seven Taco Giro restaurants in Arizona closed after immigration enforcement raids by ICE led to the arrest of many employees. The closures have affected employees, customers, and local communities. The raids are part of a federal investigation into labor and immigration violations.

Key Facts

  • Taco Giro closed seven restaurant locations in Arizona after ICE raids.
  • ICE arrested 46 people in a larger investigation into labor and immigration crimes.
  • About 10% of Taco Giro's employees were detained.
  • Three locations reopened, with plans to gradually open more as new staff get hired.
  • Allegations of undocumented employees being paid "under the table" surfaced; Taco Giro denied involvement in unrelated illegal activities.
  • Residents and activists protested during the raids, leading to confrontations with law enforcement.
  • U.S. Rep. Adelita Grijalva reported being pepper-sprayed during the protests.
  • ICE used chemical agents to control crowds at the scene.
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Landlord faces nightmare clean as £40k rent unpaid

Landlord faces nightmare clean as £40k rent unpaid

Summary

Nevena Khediri, a landlord in Camberley, is dealing with £40,000 in unpaid rent after her tenant left her property in a poor condition. The tenant stopped paying rent in October 2024 and was recently evicted following a lengthy legal process. Ms. Khediri is now working to clean and repair the property with help from friends.

Key Facts

  • Nevena Khediri is owed over £40,000 in unpaid rent by a tenant.
  • The tenant moved into Ms. Khediri's home in September 2023.
  • The tenant stopped paying rent in October 2024.
  • Ms. Khediri used a legal process that included court hearings to evict the tenant.
  • The tenant was in the government's Breathing Space program, delaying communication.
  • The property was left with large amounts of rubbish inside and outside.
  • Ms. Khediri is covering additional costs, including legal fees, to restore her property.
  • A government spokesperson mentioned reforms for faster eviction processes in certain cases.
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The Middle Class Florida Dream is Disappearing

The Middle Class Florida Dream is Disappearing

Summary

The article discusses how the rising cost of living in Florida, particularly in real estate, affects middle-class families. Eric Johnson's family moved to Florida in 2019 for the weather and affordable housing, but new legislation after a tragic building collapse has increased housing costs. These changes are making it harder for middle-class families to afford homes in Florida.

Key Facts

  • Eric Johnson's family moved from Ohio to Florida in 2019 for better weather and affordable housing.
  • They bought a condo in Jensen Beach, Florida, for $209,000 in 2017.
  • Florida housing prices have increased significantly, with median prices reaching $405,900 in May 2022.
  • The collapse of Champlain Towers South in 2021 led to new building safety laws in Florida.
  • These laws require condo associations to ensure buildings are safe and maintained, leading to higher costs.
  • Johnson's condo association needs to spend about $3.1 million on repairs, costing each unit owner about $43,000.
  • The Johnson family took out a second mortgage to handle the increased costs.
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What Third Federal Interest Rate Cut Means for Your Mortgage

What Third Federal Interest Rate Cut Means for Your Mortgage

Summary

The Federal Reserve lowered interest rates by a quarter point, making it the third rate cut since September. This decision is aimed at addressing economic concerns but may not lead to lower mortgage rates as some people expect. President Trump expressed dissatisfaction with the rate cut, wanting deeper reductions.

Key Facts

  • The Federal Reserve cut interest rates by 0.25%, bringing the rate to between 3.5% and 3.75%.
  • This is the third rate cut since September.
  • The decision was not unanimous; the Federal Reserve Board voted 9 to 3 in favor of the cut.
  • Mortgage rates may not decrease as expected and could potentially rise.
  • President Trump criticized the Fed, saying the cut should have been larger.
  • The Fed is concerned about a weakening job market and high inflation.
  • Inflation concerns linked to tariffs are expected to diminish by early 2026.
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Mexico approves up to 50% tariffs on China and other countries

Mexico approves up to 50% tariffs on China and other countries

Summary

Mexico's government has approved new tariffs of up to 50% on imports from several countries, including China. The tariffs aim to boost local production and will start on January 1, 2026. Meanwhile, Mexico is negotiating with the U.S. over possible new trade taxes that President Trump has threatened to impose.

Key Facts

  • Mexico's Senate has passed a measure to impose new tariffs on hundreds of products.
  • These tariffs will affect goods from countries without a free trade agreement with Mexico, like China, Thailand, India, and Indonesia.
  • The new tariffs could be as high as 50% and will start on January 1, 2026.
  • The targeted goods include metals, cars, clothing, and appliances.
  • President Claudia Sheinbaum says the tariffs aim to increase local production.
  • Mexico is in talks with the U.S. to reduce tariffs President Trump has threatened, including on Mexican steel and aluminum.
  • Trump threatened further tariffs over issues like fentanyl control and a water-sharing agreement.
  • The US is Mexico's largest trading partner, and trade relations are currently under negotiation.
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Washington's Wild Waves Theme Park To Close After 49 Years

Washington's Wild Waves Theme Park To Close After 49 Years

Summary

Wild Waves Theme Park in Federal Way, Washington, will close permanently in November 2026 after being in operation for 49 years. The park's owner, Premier Parks, cited rising operational costs and financial losses since reopening after COVID-19 as reasons for the closure. Plans for future projects on the site are in early stages.

Key Facts

  • Wild Waves Theme Park opened in 1977 in Federal Way, Washington.
  • The park will close permanently on November 1, 2026, after 49 years of operation.
  • Rising operational costs and financial losses since the COVID-19 reopening are reasons for the closure.
  • The park is owned by Premier Parks and employs 800 seasonal staff and 35 full-time employees.
  • Wild Waves is the largest combination theme and water park in Washington state.
  • All 2026 events, season passes, and tickets will be honored by the park.
  • Plans for future development at the site are being considered, but details are not yet finalized.
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Trump launches $1m 'gold card' immigration visas

Trump launches $1m 'gold card' immigration visas

Summary

President Donald Trump announced a new visa program called the Trump Gold Card, which offers fast-tracked U.S. visas for individuals who can pay at least $1 million. The program aims to attract wealthy individuals who can provide significant benefits to the U.S. economy. It also includes a higher fee option for businesses wanting to sponsor employees.

Key Facts

  • President Trump introduced the Trump Gold Card for wealthy foreigners willing to pay at least $1 million.
  • This visa offers a faster pathway to U.S. citizenship for those who qualify and meet certain criteria.
  • The program requires businesses sponsoring employees to pay $2 million, plus additional fees.
  • An upcoming "platinum" version offers special tax breaks for a $5 million fee.
  • Applicants must pay a non-refundable processing fee of $15,000.
  • The scheme has faced criticism for potentially favoring wealthy individuals.
  • The U.S. government has been tightening immigration regulations, including raising other visa fees.
  • The program is launched amidst broader U.S. immigration policy changes, such as travel bans and paused asylum applications.
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Trump says CNN "should be sold" as part of WBD deal

Trump says CNN "should be sold" as part of WBD deal

Summary

President Donald Trump has expressed his opinion that CNN should be sold as part of the Warner Bros. Discovery (WBD) deal. WBD is currently considering offers from Paramount and Netflix to buy its assets. Trump's comments may influence WBD's shareholders and board, even though he doesn't have direct power over the merger.

Key Facts

  • President Trump suggested that CNN should be sold as part of the Warner Bros. Discovery deal.
  • WBD's board has 10 days to respond to a takeover bid from Paramount.
  • Paramount has offered $108 billion for all of WBD, including CNN.
  • Netflix made a competing offer of $83 billion to buy WBD's studio and streaming businesses.
  • Trump's comments could affect WBD's shareholder decisions due to potential regulatory scrutiny of the bids.
  • Paramount claims its bid will get easier regulatory approval than Netflix's offer.
  • Foreign investors providing financing for Paramount's bid include entities from Saudi Arabia, Abu Dhabi, and Qatar.
  • These foreign investors are not seeking board seats or voting rights to avoid regulatory issues.
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The Swiss city that lets you pay for most things with bitcoin

The Swiss city that lets you pay for most things with bitcoin

Summary

The city of Lugano in Switzerland allows payments using bitcoin at about 350 local businesses, including shops and restaurants. The city council also takes bitcoin for some municipal services, aiming to make Lugano a hub for cryptocurrency use.

Key Facts

  • Lugano, a city in Switzerland, lets people pay with bitcoin at shops and restaurants.
  • About 350 businesses in Lugano accept bitcoin as a payment option.
  • The city council provides local businesses with machines to process bitcoin payments.
  • Bitcoin can be used to pay for some city services, like pre-school childcare.
  • Bitcoin transaction fees are generally lower than those for credit and debit cards.
  • An initiative called Plan B aims to make Lugano a center for bitcoin education and usage.
  • Users in Lugano can pay with bitcoin through a suitable app on their mobile phones.
  • Not all services in Lugano, like public transportation and energy bills, accept bitcoin yet.
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UK pharma boss says US is the best country to invest in

UK pharma boss says US is the best country to invest in

Summary

GSK CEO Dame Emma Walmsley stated that the U.S. is the best place for business investment and announced a $30 billion investment there by 2030. She noted that other pharmaceutical companies are turning away from the UK due to challenges with NHS drug budgets and U.S. pressure to produce locally. However, a new UK-U.S. deal keeps tariffs on British pharmaceuticals at zero, encouraging investment.

Key Facts

  • GSK plans to invest $30 billion in the U.S. by 2030.
  • Dame Emma Walmsley noted the U.S. as a leading market for drug and vaccine launches.
  • UK pharmaceutical projects face challenges from NHS budget constraints and U.S. production pressures.
  • A UK-U.S. deal ensures zero tariffs on UK-made drugs, with the UK paying more for NHS medicines.
  • Other companies like Merck and AstraZeneca are pausing UK projects in favor of U.S. investments.
  • The agreement aims to boost innovation, like GSK's new asthma drug awaiting NHS approval.
  • Dame Emma highlighted the impact of social demographics and diet on UK health outcomes.
  • Differences between the UK's NHS and U.S. private healthcare were noted by Dame Emma based on her personal experiences.
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Banks to tell you where you might put your money

Banks to tell you where you might put your money

Summary

Starting in April, banks and financial firms in the UK will begin offering investment recommendations to people based on common financial profiles. This is part of a new plan from the UK’s financial regulator to help more people make better financial decisions without needing costly individual advice.

Key Facts

  • The UK financial regulator is allowing banks to offer investment advice based on group profiles.
  • This service aims to help people who currently seek financial advice from friends or social media.
  • Nearly 20% of people in a survey rely on family and friends for financial advice.
  • Many people in the UK have little to no savings, but about seven million have over £10,000 and could benefit from investing.
  • The new advice plan is not the same as personalized financial advice, which requires a fee.
  • Only 9% of people received regulated financial advice in the 12 months to May 2024.
  • There are concerns that the new rules must not lead to companies taking advantage of customers.
  • The government has set a goal to encourage more investments to boost economic growth.
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Tidy! Dave's Coaches from Gavin and Stacey up for sale

Tidy! Dave's Coaches from Gavin and Stacey up for sale

Summary

The red bus known as Dave's Coaches from the BBC sitcom "Gavin and Stacey" is being sold online for £200,000. The bus has traveled over 279,000 miles and has been part of sightseeing tours for the show's fans.

Key Facts

  • The bus is a 33-seater Mercedes-Benz Vario 814D.
  • It appeared in the show's finale that aired last Christmas.
  • The vehicle has clocked 279,361 miles.
  • It is listed for sale on the Autotrader website.
  • The bus has had eight previous owners.
  • It has been used for official "Gavin and Stacey" sightseeing tours.
  • 12.3 million people watched last Christmas's finale of "Gavin and Stacey".
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