Taco Bell said it will stop using lettuce in some stores because the FDA is investigating iceberg lettuce linked to a cyclosporiasis outbreak. This move is to protect customers while the investigation continues.
Key Facts
Taco Bell plans to remove lettuce from certain locations.
The Food and Drug Administration (FDA) is investigating iceberg lettuce supplied to Taco Bell.
The investigation is related to a cyclosporiasis outbreak in the U.S.
Cyclosporiasis is an illness caused by a parasite found in contaminated food or water.
Taco Bell is working with public health officials during this investigation.
Removing lettuce is a safety step until the source of the outbreak is confirmed.
The announcement was made on a Thursday.
Read the Original
Want the full story? Tap a source to open the original
article.
President Donald Trump’s media company plans to sell fast access to posts on its Truth Social platform, which could give financial traders speedier news to make stock and bond decisions. Critics say this raises concerns about using the presidency for financial gain, although the company says the new service is a way to make money from its unique content.
Key Facts
Truth Social will offer a paid service called Truth PSI that gives faster access to top posts.
The service targets Wall Street trading firms and institutions to act on news quickly.
President Trump is the most followed user on Truth Social with 12.9 million followers.
Trump is also the largest shareholder of Trump Media + Technology, the parent company.
Experts warn this could be a conflict of interest by profiting from presidential posts.
The program will start next month and has already gained customers.
Trump Media + Technology's stock dropped over 70% since Trump became president last year.
The company is also involved in other businesses like crypto and nuclear fusion to boost revenue.
Read the Original
Want the full story? Tap a source to open the original
article.
The World Cup generates huge amounts of money, especially for FIFA, the organization that runs world football. While FIFA and broadcasters earn big profits from the event, fans face high costs for tickets, travel, and accommodation.
Key Facts
FIFA made a record $7.6 billion from the 2022 World Cup in Qatar and expects even more revenue from the 2026 tournament in the US, Canada, and Mexico.
FIFA's income comes from selling TV rights, sponsorships, tickets, and licensing deals, plus a new resale marketplace charging fees.
FIFA is planning to expand the World Cup to 48 or even 64 teams to attract more viewers and increase earnings.
Fans paid very high prices for tickets, with some final match tickets listed officially at $32,970 and resale prices exceeding $2 million.
Travel and other expenses, like a train ticket hike in New Jersey from $12.90 to $150, also raised costs for fans.
Broadcasters spent large amounts to buy TV rights but expect large returns through advertising, especially with new "hydration breaks" sponsored during games.
In the US, a 30-second World Cup ad costs between $200,000 and $750,000, making hydration break ads a new big money opportunity.
UK viewers watching on BBC or ITV did not see hydration break ads because those channels do not run commercials.
Read the Original
Want the full story? Tap a source to open the original
article.
Sarah Reeve made her fiancé, Lee, pay off his debt before they married. Since then, Sarah has taken charge of managing their money, including budgeting, saving, and paying bills. She says getting financial advice helped her feel more confident about planning for the future.
Key Facts
Sarah gave Lee an ultimatum to clear his £2,000 debt before marriage.
After paying off his debt, they used a joint bank account for all their money.
Sarah manages the bills, savings, and budgeting, while Lee prefers to leave money decisions to her.
Sarah earns £24,000 part-time in insurance; Lee used to work at a factory and now does property maintenance earning about £30,000.
They have two daughters, 19 and 21, and consider their money shared.
The couple regularly makes extra payments on their mortgage and have avoided overspending.
Sarah initially felt unsure about managing investments but gained confidence after meeting a financial adviser.
Research shows more women are involved in daily money management but feel less confident than men about investment decisions.
Read the Original
Want the full story? Tap a source to open the original
article.
U.S. stock markets, including the Dow, NASDAQ, and S&P, dropped due to worries about changes in artificial intelligence (AI) and tensions related to Iran. Netflix also released its earnings report for the second quarter during this time.
Key Facts
The Dow, NASDAQ, and S&P stock indexes all fell on Thursday.
Investors are concerned about the rapid growth and impact of AI technology.
Rising tensions involving Iran added to worries in the market.
Netflix published its second-quarter earnings report on the same day.
Market experts, such as Angela Palumbo from Barron's, provided analysis on these developments.
The stock decline reflects uncertainty in both technology and geopolitical areas.
The news was covered and discussed on CBS News.
Read the Original
Want the full story? Tap a source to open the original
article.
President Donald Trump’s social media platform, Truth Social, plans to offer a new service called “Truth API.” This service will give Wall Street firms early access to important posts that could affect the stock market.
Key Facts
Truth Social is owned by Trump Media & Technology Group (TMTG).
TMTG will launch a data service called “Truth API.”
The API will provide real-time access to posts marked as “most market-moving.”
Wall Street investment firms can use this early information to make financial decisions.
The service aims to allow faster access to social media posts that may impact stock prices.
This move creates a link between a social media platform and financial markets.
The announcement was made on a Thursday.
This is a new way for trading firms to get early data from social media.
Read the Original
Want the full story? Tap a source to open the original
article.
The Indian government fined HP India and some of its resellers about 1.4 billion rupees (around $14.4 million) for working together to fix prices and limit competition in selling computers, ink cartridges, and toner. The Competition Commission of India found that HP and its partners arranged bids and restricted resellers to win government contracts unfairly.
Key Facts
HP India was fined approximately 1.3 billion rupees ($13.1 million) for coordinating bid prices with five resellers on government computer contracts.
HP India was fined 119.8 million rupees ($1.2 million) for cartelizing sales of ink cartridges, toner, and related printing supplies.
21 HP resellers were fined 35.2 million rupees (about $365,000) for their role in the price-fixing scheme.
WhatsApp messages showed HP and 16 Tier-2 resellers coordinated activities like bid rigging and price fixing from 2017 to 2020.
HP claimed it was forced to support reseller arrangements because high printing supply prices pushed resellers toward counterfeit products.
The Competition Commission ordered HP and its partners to stop anti-competitive behavior and to hold training on competition rules within 60 days.
HP has not made a public statement about the fines.
The case highlights the broader issue of high ink and toner prices, which lead some users and resellers to consider cheaper alternatives.
Read the Original
Want the full story? Tap a source to open the original
article.
Trump Media & Technology Group, which owns the social media platform Truth Social, will start selling a paid service that gives financial firms fast access to important posts from key accounts, including President Donald Trump’s. The service aims to help traders get news quickly to react to market changes and to create new income for the company.
Key Facts
The paid service launches on August 1 and provides instant updates from influential accounts on Truth Social.
President Donald Trump has the most followers on Truth Social.
Trump Media is currently losing money and hopes this service will bring steady profits.
Financial traders often react quickly to Trump’s posts, which can affect global markets.
Before this, firms watched the app manually, but now posts will be sent directly to paying clients.
The service will operate 24 hours a day, seven days a week.
Some firms have been copying Truth Social’s data without permission.
Trump Media plans to stop unauthorized copying and require firms to buy the official feed.
Read the Original
Want the full story? Tap a source to open the original
article.
The 2026 World Cup is expected to bring significant economic benefits to the United States and its host cities. Bank of America CEO Brian Moynihan said the event could create about $20 billion in economic activity in the U.S.
Key Facts
The 2026 World Cup will be hosted by the U.S., Canada, and Mexico.
Host cities in the U.S. are already seeing financial benefits from the tournament.
Brian Moynihan is the CEO of Bank of America.
He estimates the U.S. could gain $20 billion in economic impact from the event.
The impact includes spending by visitors, tourism, and local businesses.
The World Cup event is expected to boost jobs and income in the host cities.
This discussion was shared during an interview on CBS News with Margaret Brennan.
Read the Original
Want the full story? Tap a source to open the original
article.
Bank of America CEO Brian Moynihan talked about the company’s sponsorship of the FIFA World Cup. He mentioned that many people bought tickets even though they were expensive, which could help the economy grow.
Key Facts
Brian Moynihan is CEO of Bank of America.
Bank of America is a sponsor of the FIFA World Cup.
Ticket sales for the World Cup have been very high.
Tickets are expensive but many people still bought them.
The high ticket sales may give a boost to the economy.
Moynihan discussed this on the CBS News show "Face the Nation."
The full interview aired on Sunday.
Read the Original
Want the full story? Tap a source to open the original
article.
China's economy grew very slowly in the latest quarter, showing one of its weakest performances. This slowdown raises concerns about how it might affect the global economy. At the same time, durian fruit prices are falling across Asia, and New York is taking steps to regulate centers that store data for artificial intelligence.
Key Facts
China’s recent economic growth rate is among the slowest it has recorded.
The weak growth raises questions about China’s future economy.
Slow growth in China could impact the global economy.
Durian fruit prices are dropping across Asian markets.
Durian is nicknamed the "king of fruits."
New York is working on new rules for AI data centers.
The information was shared by reporters in London, Singapore, and New York.
The report was part of a BBC World Service program dated July 17, 2026.
Read the Original
Want the full story? Tap a source to open the original
article.
Thousands of Hyundai auto workers in South Korea began striking after talks failed over plans to use humanoid robots in their factories. Hyundai plans to introduce more than 25,000 Atlas robots made by Boston Dynamics across its plants, starting with U.S. factories in 2028, raising concerns about job security.
Key Facts
Hyundai workers at its Ulsan plant started a partial strike from July 13 to July 15 and plan four-hour strikes from July 20 to 22.
The strike is in response to Hyundai's plan to deploy Atlas humanoid robots that can perform various factory tasks.
Atlas robots are over 6 feet tall, can lift more than 100 pounds, and cost about $130,000 each.
Hyundai aims to install more than 25,000 Atlas robots in its and Kia’s manufacturing plants worldwide.
The union wants a fixed salary for workers and a retirement age increase from 60 to 65 to protect workers from automation impacts.
Boston Dynamics, the maker of Atlas, will become a fully owned subsidiary of Hyundai.
Other carmakers like Tesla, BMW, and some Chinese EV companies are also testing humanoid robots.
The global automotive industry has used industrial robots for decades, with over 1 million robots in use worldwide by 2021.
Read the Original
Want the full story? Tap a source to open the original
article.
President Donald Trump’s media company will offer a new service that sells faster access to posts on Truth Social, the platform where he shares news and policy updates. Starting August 1, this service will provide real-time posts to paying customers, including financial firms that need quick information to make decisions.
Key Facts
Trump Media & Technology Group announced a Truth API data feed providing fast access to important posts on Truth Social.
The service is expected to start on August 1.
It aims to deliver posts to customers in milliseconds, which is helpful for high-frequency trading firms that trade stocks very quickly.
The API offers 24/7 coverage and includes an archive of posts back to 2022.
The company has not disclosed the cost of the service.
President Trump founded Trump Media & Technology Group in 2021 after being suspended from major social media platforms.
President Trump has 12.9 million followers on Truth Social, making him the platform’s most prominent user.
He often uses Truth Social to make announcements that influence financial markets.
Read the Original
Want the full story? Tap a source to open the original
article.
The U.S. House has approved a bill to make daylight saving time (DST) permanent, which means clocks would stay one hour ahead year-round. Airlines warn that changing to permanent DST would take a long time and cost money because they would need to adjust many systems and schedules. The bill still needs to pass the Senate and be signed by President Donald Trump.
Key Facts
The House voted to keep daylight saving time all year, but the Senate must approve it next.
Airlines say switching to permanent DST could take up to 24 months to adjust their operations.
Changes would affect flight schedules, crew work times, and connections with international flights.
Airlines use complex global networks that need stable and predictable schedules.
Other industries with timetables, like trucking and railroads, will also need time to adjust.
Some experts think airlines might need only 6 to 12 months to make changes, not two years.
Permanent DST advocates say it could save energy by having more daylight in the evening.
Opponents worry about darker mornings in winter and possible health effects.
Read the Original
Want the full story? Tap a source to open the original
article.
The FDA has approved a new daily pill called Lipfendra from Merck that significantly lowers bad cholesterol (LDL-C) in adults. The pill works by blocking a protein called PCSK9, which helps reduce cholesterol levels effectively.
Key Facts
Lipfendra is the first daily pill that directly lowers LDL cholesterol by targeting PCSK9 proteins.
The FDA has officially approved Lipfendra for use in adults.
The medication comes from the pharmaceutical company Merck.
It offers similar benefits to other strong cholesterol-lowering treatments already available.
Lowering LDL cholesterol helps reduce the risk of heart disease.
Lipfendra is taken once every day.
Read the Original
Want the full story? Tap a source to open the original
article.
Chinese car company XPENG wants to sell its electric vehicles in the United States but faces strong barriers like high taxes on imports and security rules. The company is planning for a long-term strategy to enter the U.S. market once these issues are resolved.
Key Facts
XPENG is a Chinese company that makes electric cars and other tech products using artificial intelligence.
The company currently sells vehicles in 60 countries, including in Europe and Asia.
XPENG delivered twice as many cars outside China in the first half of 2026 compared to the same period in 2025.
In 2024, the U.S. increased tariffs on certain Chinese imports, including electric vehicles, to 100%.
The U.S. government banned connected vehicle technology from China due to national security concerns.
Connected vehicle software sends data using cameras and sensors, raising privacy worries in the U.S.
Although the Chinese government does not directly own XPENG, it provides financial support.
Some other Chinese-owned companies, like Polestar, face restrictions to selling vehicles in the U.S., while others like Volvo can continue.
Experts say entering the U.S. market is difficult due to regulations and the need for long-term commitment.
Read the Original
Want the full story? Tap a source to open the original
article.
Vodafone has settled a legal claim made by 62 former franchisees who said the company unfairly took up to £85 million from them by cutting their commissions and imposing fines. The settlement ends the 19-month court case without Vodafone admitting any wrongdoing.
Key Facts
62 former Vodafone franchisees filed a legal claim in 2024 over losses from reduced sales commissions and fines.
The franchisees said Vodafone's actions caused them large debts and personal hardship, including stress and suicidal thoughts.
Vodafone and the former franchisees settled the dispute after 19 months, avoiding a trial.
The settlement terms are confidential, and Vodafone did not admit to wrongdoing.
Allegations included Vodafone slashing commissions unilaterally and imposing large fines for minor errors.
Vodafone apologized for the difficulties faced by some franchisees but denied profiting unfairly.
Vodafone reimbursed £4.9 million to franchisees in compensation for fines and clawbacks.
The company said it improved its governance and processes in response to the issues raised.
Read the Original
Want the full story? Tap a source to open the original
article.
General Mills is recalling about 736,000 Pillsbury bread rolls because they might have glass pieces inside. The recall affects two types of frozen bread rolls distributed to many U.S. states, mainly sold to restaurants and food services.
Key Facts
The recall includes 554,400 Hard Roll Dough rolls and 181,440 Kaiser Roll Dough rolls.
The products may contain glass, which poses a safety risk to consumers.
The recalled items were sent to 18 states across the U.S.
The recall started on June 19, 2026, after FDA issued a notice.
These frozen dough rolls are mainly for commercial use, not individual shoppers.
Each Hard Roll Dough package contains 180 rolls, each weighing 2.25 ounces, with a use-by date of October 12, 2026.
Each Kaiser Roll Dough package contains 144 rolls, each weighing 2.5 ounces, with a use-by date of October 13, 2026.
Glass contamination in food products has led to other recalls earlier in the year, involving different products and brands.
Read the Original
Want the full story? Tap a source to open the original
article.
Jason Haley and other Southaven, Mississippi residents filed a lawsuit against Elon Musk's xAI and its subsidiary, MZX Tech, over constant noise and vibrations from a data center power plant near their homes. The noise has caused health problems and sleep loss, and local officials are aware but have not yet resolved the issue amid growing opposition to data center developments across the U.S.
Key Facts
Jason Haley, a Southaven resident, experiences constant noise and vibrations from a nearby power plant supporting xAI data centers.
Haley and two others filed a lawsuit against xAI and MZX Tech in June over health and sleep problems caused by the noise.
Similar complaints and lawsuits about data center noise are happening in Wisconsin and Massachusetts.
There are over 4,000 data centers in the U.S., requiring power plants that sometimes cause local disruptions.
Southaven Mayor Darren Musselwhite is aware of the noise problem and is working with xAI officials for a solution.
The xAI data center called Colossus began operating in Memphis in September 2024, with plans for a second center soon after.
A dormant energy facility near Southaven was restarted to support the expanding xAI data centers, causing concerns among residents.
Haley has publicly raised awareness through city meetings, social media, and a grassroots group called Safe and Sound.
Read the Original
Want the full story? Tap a source to open the original
article.
Kalshi, a prediction market platform, alerted federal regulators about unusual trades linked to President Trump’s speeches. These trades appear connected to Gabriel Perez, the person who manages President Trump’s teleprompter and is in talks to settle with the Commodity Futures Trading Commission.
Key Facts
Kalshi is a prediction market platform where people can bet on future events.
It noticed suspicious trading activity related to bets on President Trump’s speeches.
These trades seem connected to Gabriel Perez, who handles President Trump’s teleprompter since 2016.
Gabriel Perez is currently in settlement discussions with the Commodity Futures Trading Commission (CFTC).
The CFTC is a federal agency that regulates markets involving futures and options.
Kalshi informed federal regulators about these suspicious trades.
The matter concerns trading worth about $100,000 on President Trump’s speeches.
Read the Original
Want the full story? Tap a source to open the original
article.