Account

The Actual News

Just the Facts, from multiple news sources.

Business News

Business news, market updates, and economic developments

Full interview: Chevron CEO Mike Wirth

Full interview: Chevron CEO Mike Wirth

Summary

Chevron CEO Mike Wirth gave a full interview on the show "Face the Nation" with Margaret Brennan on April 26, 2026. The interview focused on topics related to Chevron and the oil industry.

Key Facts

  • Mike Wirth is the CEO of Chevron, a major oil company.
  • The interview was conducted by Margaret Brennan on "Face the Nation."
  • A portion of the interview aired on April 26, 2026.
  • The full interview is available to watch on the CBS News app and website.
  • The discussion likely included issues about Chevron’s business and the energy industry.
Read the Original

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

War, the Gulf & Rethinking Money in Sport

War, the Gulf & Rethinking Money in Sport

Summary

Countries in the Gulf region have invested billions of dollars in global sports, helping to grow the industry quickly. Now, rising political tensions may change how this investment affects the sports business.

Key Facts

  • Gulf countries have provided large amounts of money to support and grow sports worldwide.
  • This financial support helped sports expand rapidly in recent years.
  • Increasing political problems in the Gulf region are causing uncertainty.
  • These geopolitical tensions may slow down or change sports investments.
  • The future of sports business linked to the Gulf depends on these political developments.
  • The article was reported by Samantha Johnson for Al Jazeera.
  • The focus is on how geopolitics can impact sports economics.
Read the Original

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

Chocolate Recalled in 40 States for ‘Life-Threatening’ Allergens

Chocolate Recalled in 40 States for ‘Life-Threatening’ Allergens

Summary

French Broad Chocolates has recalled certain boxes of its Bette’s Bake Sale Bonbon Collections after finding undeclared walnuts inside. This poses a risk of serious allergic reactions for people with tree nut allergies who bought the chocolates in 40 states and Washington, D.C.

Key Facts

  • The recall involves six, 12, and 24-piece boxes of Bette’s Bake Sale Bonbon Collections.
  • A labeling mistake swapped the Walnut Fudge bonbon’s name with the Peach Cobbler bonbon on the tasting notes inside the boxes.
  • The chocolates were sold between April 14 and April 20, 2026.
  • Products were sold in French Broad Chocolates stores in Asheville, North Carolina, and shipped online across 40 states and Washington, D.C.
  • Consumers with tree nut allergies are urged not to eat the recalled chocolates due to risk of severe reactions.
  • Customers can return the affected products for a full refund or throw them away.
  • Tree nuts like walnuts are one of the nine major food allergens that must be clearly listed on packaging by law.
  • No illness reports have been made so far linked to the recalled chocolates.
Read the Original

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

Cheap spirits, pricey condoms: how war in the Middle East is shifting the way Australians spend

Cheap spirits, pricey condoms: how war in the Middle East is shifting the way Australians spend

Summary

The war in the Middle East has caused petrol prices in Australia to rise, leading many people to change how they spend money. Australians are buying cheaper alcohol, skipping healthcare, delaying furniture purchases, and cutting back on dining out as living costs increase and consumer confidence falls.

Key Facts

  • Australians are buying cheaper alcoholic drinks and lower alcohol content options to save money.
  • Businesses face challenges because they cannot raise prices while their costs, such as freight and fuel, increase.
  • Some people are avoiding or delaying healthcare treatments, like cochlear implants, due to financial worries.
  • Consumer confidence is low, with concerns about jobs reaching levels not seen since the COVID-19 pandemic.
  • Sales of furniture and home appliances have dropped sharply amid economic uncertainty.
  • Shares in Australian retailers like Nick Scali, Harvey Norman, and Adairs have fallen by 20-30% recently.
  • Despite worries, some shopping centers reported strong visits, showing Australians still enjoy going out to shop.
  • Rising oil prices and the prolonged Middle East conflict continue to impact the Australian and global economy.
Read the Original

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

Transcript: Chevron CEO Mike Wirth on "Face the Nation with Margaret Brennan," April 26, 2026

Transcript: Chevron CEO Mike Wirth on "Face the Nation with Margaret Brennan," April 26, 2026

Summary

Chevron CEO Mike Wirth discussed the current global energy crisis, emphasizing that disruptions in oil supply are causing higher prices and more market instability. He explained that key shipping routes like the Strait of Hormuz are blocked or risky, reducing the oil moving through the system and making it difficult for supply to meet demand.

Key Facts

  • The world uses about 100 million barrels of oil daily, with 20% passing through the Strait of Hormuz.
  • Recent events have reduced oil inventories in tanks, ships, and strategic reserves, which normally help stabilize supply.
  • Disruptions like mined waters and attacks have made the Strait of Hormuz dangerous and limited oil flow.
  • Restoring safe passage through the Strait is critical to easing oil supply problems.
  • Even if the strait reopens immediately, it will take time for supply and logistics to return to normal.
  • Iran has the capability to target vessels in the Strait through mines and other methods.
  • The U.S. government, led by President Donald Trump’s administration, is focused on negotiating to resolve these challenges.
  • The energy market is expected to remain volatile and prices high until supply routes fully reopen and stabilize.
Read the Original

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

List of McDonald’s Items With New Protein Badges—What They Mean

List of McDonald’s Items With New Protein Badges—What They Mean

Summary

McDonald’s has introduced new “protein badges” on 17 menu items in its app and self-order kiosks to help customers quickly see how much protein each item contains. These badges aim to make it easier to find higher-protein options without changing the menu or physical signs.

Key Facts

  • McDonald’s started adding protein badges on 17 menu items from April 21.
  • The badges show the grams of protein in bright yellow icons on digital ordering platforms.
  • The initiative targets customers wanting higher-protein food choices without needing detailed nutrition info.
  • Some high-protein items do not have a badge, and some lower-protein items do, causing some confusion.
  • The badges do not show other nutrition details like calories, fat, or sodium.
  • Confirmed badged items include Egg McMuffin (17g), Sausage Burrito (13g), McDouble Sandwich (22g), and Chicken McNuggets in various portions.
  • McDonald’s has over 30 items with more than 15 grams of protein and suggests customizing orders to add protein.
  • Along with protein badges, McDonald’s introduced new menu items this year like Hot Honey Sauce items and the Big Arch Burger.
Read the Original

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

Bosses don’t like the sound of a ‘four-day workweek’. Maybe it’s time to rebrand it

Bosses don’t like the sound of a ‘four-day workweek’. Maybe it’s time to rebrand it

Summary

Many companies and countries are trying the idea of a four-day workweek, where employees work less but get paid the same. However, many employers resist this idea because it feels unfair to pay full wages for fewer hours, and the term “four-day workweek” carries negative feelings. Some suggest changing the name to focus on results and pay tied to performance instead.

Key Facts

  • Belgium, Iceland, and Lithuania have passed laws requiring a four-day workweek.
  • Hundreds of UK companies are testing the four-day workweek.
  • Microsoft tried the four-day workweek in Japan.
  • Some organizations promote the four-day week, such as the 4 Day Week Foundation and WorkFour.
  • Many business leaders do not support the four-day workweek because they see it as unfair to employers.
  • AI industry leaders believe AI will reduce the need for long workweeks in the future.
  • Currently, some employers offer flexible schedules, long shifts, or more paid time off, which is similar to a four-day workweek.
  • The phrase “four-day workweek” is often seen negatively and rebranding it might help adoption.
Read the Original

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

Ryanair to shut Berlin base as it blames rise in German aviation tax

Ryanair to shut Berlin base as it blames rise in German aviation tax

Summary

Ryanair will close its Berlin base and cut flights to the city by half because of higher aviation taxes in Germany. The airline is moving seven aircraft to other locations, reducing passengers served in Berlin from 4.5 million to 2.2 million per year.

Key Facts

  • Ryanair is shutting its Berlin operating base and reducing winter flights to Berlin by 50%.
  • The airline is relocating seven aircraft from Berlin to other centers in Europe.
  • Ryanair blames rising German aviation taxes and high airport fees for the decision.
  • Since 2019, Ryanair has closed bases in Frankfurt, Düsseldorf, and Stuttgart and stopped flights to other German cities.
  • German trade union Verdi criticized Ryanair for focusing on profit and treating workers poorly.
  • Jet fuel prices have more than doubled since February due to conflicts in the Gulf region, increasing costs for airlines.
  • The airline industry faces challenges with fuel shortages and rising prices, causing potential flight cancellations.
  • Some experts suggest rail travel could benefit from Ryanair’s reduced presence in Berlin, as trains connect Berlin to many European cities.
Read the Original

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

Artist Jenny Saville on the body as landscape

Artist Jenny Saville on the body as landscape

Summary

Artist Jenny Saville is known for her large, vivid portraits of the human body, often focusing on women and themes like motherhood. Her work has gained major recognition since the 1990s, selling for millions, and she continues to exhibit new paintings, including a recent show in Venice.

Key Facts

  • Jenny Saville creates large portraits emphasizing the human body, often using paint to create a glowing, lifelike effect.
  • Her breakthrough artwork was a self-portrait called "Propped" from the early 1990s, which sold for over $12 million.
  • Collector Charles Saatchi discovered her work at art school and commissioned pieces like her triptych "Strategy (South Face/Front Face/North Face)."
  • Saville's art often explores the body in a way that relates it to nature rather than objectifies it.
  • Her painting "Planned" shows a torso marked for liposuction, inspired by plastic surgery methods.
  • She has focused on female subjects and themes such as motherhood, expressing growth and abundance.
  • A major retrospective at the Modern Art Museum of Fort Worth showcased over 30 years of her paintings.
  • Despite her commercial success, Saville emphasizes that creating art is separate from its market value, and she finds it absurd to equate paintings with the price of a house.
Read the Original

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

Why are people pumping their bodies with fat from corpses? | Tayo Bero

Why are people pumping their bodies with fat from corpses? | Tayo Bero

Summary

Some people are using fat taken from dead bodies as injectable fillers to reshape their bodies without surgery. This new cosmetic procedure is growing in popularity, especially among busy professionals who want quick results without downtime.

Key Facts

  • Fat from donated corpses is collected by tissue banks and processed for cosmetic use.
  • The procedure does not require surgery or general anesthesia and has a short recovery time.
  • Some companies say they have consent from donors specifically for cosmetic use of their tissue.
  • This method is attracting wealthy people wanting to improve their appearance quickly, often fitting treatments into their workday.
  • The fat injections are used to enhance areas like pecs, breasts, and buttocks.
  • New weight-loss drugs cause some users to seek these fillers to restore fat in certain areas.
  • The practice raises ethical questions about donor awareness and how donated tissue is used.
  • The trend reflects societal concerns about ageing and appearance, with a large anti-ageing industry.
Read the Original

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

NatWest faces AGM showdown over climate backtracking

NatWest faces AGM showdown over climate backtracking

Summary

NatWest faces criticism from investors and scientists at its upcoming shareholder meeting for weakening its climate policies, especially its rules on lending to oil and gas companies. Campaigners want the bank to reverse these changes and meet with investors to discuss its climate strategy.

Key Facts

  • NatWest changed its climate policy by loosening limits on loans to oil and gas companies and dropping some cleaning-up targets.
  • Campaign group ShareAction and investors holding $1.4 trillion in assets, including the Church of England, are asking shareholders to oppose some board members.
  • 70 climate experts signed a letter urging NatWest to lead on climate and undo the policy rollbacks.
  • The bank removed a promise not to finance oil and gas firms without proper climate transition plans or full emissions reporting.
  • NatWest also stopped its commitment to not fund companies with oil and gas assets mostly outside the UK.
  • The bank says it still aims to reduce its climate impact by half compared to 2019 and reach net zero emissions by 2050.
  • NatWest claims the policy updates reflect changes in regulation and focus on areas where it can make the biggest difference.
  • ShareAction warns that weakening climate pledges risks worsening the climate crisis and harming the economy.
Read the Original

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

UK departments at odds over energy demands of AI datacentres

UK departments at odds over energy demands of AI datacentres

Summary

Two UK government departments disagree on how much electricity AI datacentres will use by 2030. The Department of Science, Innovation and Technology (DSIT) predicts AI datacentres will consume 6 gigawatts (GW), while the Department of Energy Security and Net Zero (DESNZ) estimates less than one-tenth of that amount. This disagreement highlights challenges in planning for energy use and emissions as the UK aims to grow its AI sector while meeting climate goals.

Key Facts

  • DSIT expects AI datacentres to need 6GW of electricity by 2030.
  • DESNZ forecasts the growth in energy use for the entire commercial services sector to be 528 megawatts (MW) between 2025 and 2030, much lower than DSIT’s figure for AI datacentres alone.
  • The UK government plans to build AI growth zones, each requiring about 500MW of electricity.
  • DSIT revised its estimate of AI datacentres’ carbon emissions upwards from below 0.05% to 0.9-3.4% of the UK's projected emissions over ten years.
  • DESNZ says datacentre emissions are included in the government's official carbon budget plans, with a new carbon budget release expected soon.
  • An NGO, Foxglove, raised concerns about the environmental impact of datacentres and the government’s awareness.
  • The discrepancy between the two departments’ figures is unclear, causing uncertainty in UK energy and climate planning.
  • The AI Energy Council is working on attracting investment and supporting clean power development for datacentres.
Read the Original

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

I own 20 axolotls - people need to know they're not easy to look after

I own 20 axolotls - people need to know they're not easy to look after

Summary

A family in Wales owns 20 axolotls, amphibians that have become popular pets due to their appearance and presence in video games. Experts warn that axolotls are endangered and require careful care to thrive, so people should research before buying one.

Key Facts

  • Emma Honeyfield and her daughter Amber own 20 axolotls, starting from one birthday gift.
  • Axolotls are critically endangered amphibians native to lakes and wetlands near Mexico City.
  • Their popularity has grown partly because of their cute look and appearances in games like Minecraft and Roblox.
  • Axolotls can live up to 20 years and need specific care, including tanks with beneficial bacteria before adding the animals.
  • Experts and rescue centers caution buyers to fully understand axolotls’ needs to avoid harming them.
  • In the UK, a rare wild axolotl was spotted near the River Ogmore, a unique documented sighting.
  • Some pet shops may provide incomplete or incorrect information about axolotl care, increasing health risks for the animals.
  • Owners recommend joining online groups and doing thorough research before purchasing an axolotl.
Read the Original

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

Ghost MOTs: drivers warned over fake certificates that lead to huge repair bills

Ghost MOTs: drivers warned over fake certificates that lead to huge repair bills

Summary

Some drivers in the UK have been sold cars with fake MOT certificates, meaning the vehicles were never properly tested for safety. These "ghost MOTs" can lead to dangerous faults being missed and costly repairs later.

Key Facts

  • An MOT is a safety test for most vehicles older than three years, done at authorized garages.
  • A "ghost MOT" happens when a garage or mechanic records a car as passed without actually inspecting it.
  • Faults like worn tyres, brakes, or lights may be missed if a fake MOT is issued.
  • The scam can happen if a dealer or mechanic pays for a false pass or if a garage does not do the test but logs a pass.
  • Fixing hidden problems found after a fake MOT can be expensive and increase accident risks.
  • Insurance may refuse claims if a car with a fake MOT is in an accident.
  • Drivers are advised to use trusted garages that explain the MOT process and do tests properly.
  • The UK's Driver and Vehicle Standards Agency (DVSA) can be contacted to report suspicious MOT certificates or garages.
Read the Original

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

‘Sludge in the system’: myriad problems stymie Labour’s 1.5m new homes pledge

‘Sludge in the system’: myriad problems stymie Labour’s 1.5m new homes pledge

Summary

The UK government has promised to build 1.5 million new homes, but so far, progress is slow. Although many young people want to work in construction, there are not enough apprenticeships and hands-on opportunities to get them into the job market.

Key Facts

  • The government aims to build 1.5 million new homes to address the housing crisis.
  • In the first 18 months of the current parliament, just over 300,000 homes were built, which is below the needed pace.
  • There are about 140,000 construction job vacancies in 2025, with many workers expected to retire by 2035.
  • More than 62,500 adults enrolled in construction courses in England last year, making it the fastest-growing adult education field.
  • Informal construction training without official qualifications has also doubled in recent years.
  • Despite high demand from students, only 24,500 people started construction apprenticeships last year—still not enough to meet industry needs.
  • Colleges report many young people want to work in construction but face barriers due to a lack of apprenticeship opportunities.
  • The industry struggles more with providing job opportunities than with finding skilled young people.
Read the Original

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

We thought Gen Z weren't drinking. But these cocktails in a ball may suggest otherwise

We thought Gen Z weren't drinking. But these cocktails in a ball may suggest otherwise

Summary

Canned and bottled pre-mixed cocktails like BuzzBallz are becoming popular among young people in the UK, especially Generation Z. Sales of these sweet, colorful drinks have risen significantly, and many young adults appreciate their convenience and taste despite some mixed opinions.

Key Facts

  • Pre-mixed bottled and canned cocktails sales in the UK rose by 30% in the year to March 2026 compared to the previous year.
  • A 2025 survey found 43% of UK Gen Z had drunk a pre-mixed canned cocktail in the past six months, higher than the 26% for the overall UK population.
  • BuzzBallz, known for their ball-shaped containers and strong sweetness, are popular at student parties and among young adults.
  • Young people like these drinks because they are easy to carry and can be consumed on public transport or in taxis.
  • Some students drink these cocktails for their sugary taste and novelty, sometimes joking about being "obsessed" with them.
  • The alcohol content in these drinks is around 13.5%, similar to wine, but the sweetness masks the strength.
  • Not all young people like the flavor; some find these pre-mixed drinks too sweet or "gross."
  • This trend follows a long history of sweet alcoholic drinks (alcopops) aimed at younger drinkers but has grown with social media exposure, especially TikTok.
Read the Original

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

How the AI-driven data center boom is leading to skyrocketing energy bills

How the AI-driven data center boom is leading to skyrocketing energy bills

Summary

Energy bills in Georgia have nearly doubled in two years, partly due to new data centers that use a lot of electricity. These centers came to the state for cheaper power, but their large energy use is causing higher costs for regular customers.

Key Facts

  • Georgia Power raised electricity rates six times in the last three years.
  • The Vogtle nuclear power plant began operating during this time.
  • Many new data centers appeared in Georgia, attracted by discounted electricity.
  • Data centers use large amounts of energy, increasing overall utility costs.
  • People in some U.S. states near data centers pay much higher electric bills than five years ago.
  • Maine’s governor vetoed a bill that would have banned new data centers to study their impact first.
  • Georgia Power says it won’t pass data center costs to residential customers and has agreed to use revenue from big users to lower rates.
  • Some residents in Georgia are struggling with energy bills and reducing heating and water use to save money.
Read the Original

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

How high energy bills, driven by new data centers, are affecting average Americans

How high energy bills, driven by new data centers, are affecting average Americans

Summary

Maine’s governor vetoed a bill that aimed to stop the building of new data centers in the state. The bill was introduced because growing data centers are causing higher energy bills for many people.

Key Facts

  • Maine’s governor vetoed a bill to ban new data centers.
  • The bill would have made Maine the first state to ban building new data centers.
  • Data centers use a lot of electricity, which raises energy costs.
  • Higher energy bills are affecting average Americans living in the area.
  • The debate involves balancing economic growth from data centers with rising energy expenses.
  • The story was reported by CBS News and Shanelle Kaul.
Read the Original

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

California seeing higher jet fuel prices, experts predict troubled skies for summer travelers

California seeing higher jet fuel prices, experts predict troubled skies for summer travelers

Summary

Jet fuel prices are rising in California, causing airlines to face higher costs. Experts say these increases could lead to more problems for people traveling by air this summer.

Key Facts

  • Jet fuel prices are going up in California.
  • Airlines worldwide are dealing with higher expenses.
  • Much of the price increase is linked to the conflict with Iran.
  • Airlines are taking special steps to continue flying and staying in business.
  • Higher fuel costs may cause travel difficulties for summer passengers.
Read the Original

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

Iran war throttles global fluoride supply, impacting US waterworks

Iran war throttles global fluoride supply, impacting US waterworks

Summary

The war in Iran is disrupting the global supply of fluoride, a chemical used to prevent tooth decay in water supplies. As a result, some local governments in the U.S. are reducing their use of fluoride in water treatment.

Key Facts

  • The conflict in Iran is causing problems in the global supply chain for fluoride.
  • Fluoride is commonly added to public water systems to help prevent cavities.
  • Two major water systems in Maryland, serving Baltimore and nearby Washington D.C., recently announced temporary reductions in fluoride use.
  • These shortages affect local water treatment plants’ ability to maintain usual fluoride levels.
  • The disruption is due to difficulties in sourcing fluoride linked to the Iran war.
Read the Original

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