The Root, a digital media outlet, has returned to Black ownership under Ashley Allison and her company, Watering Hole Media. Allison aims to address financial and audience challenges by reimagining The Root's approach while staying focused on truth and facts. The outlet, founded in 2008, has changed ownership multiple times before this acquisition.
Key Facts
Ashley Allison's company, Watering Hole Media, acquired The Root.
The Root returned to Black ownership for the first time in years.
The Root was founded in 2008 and has seen multiple ownership changes.
Financial challenges affect Black media outlets, such as declining ad revenue.
Black Americans are among the most engaged news consumers but are a smaller part of the U.S. population.
Ashley Allison wants The Root to tell Black stories and remain truthful.
The publication aims to engage readers both online and through community events.
The terms of the acquisition deal were not disclosed.
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Macau opened the world's first resort hospital, combining healthcare and leisure services. This facility, part of the Studio City resort, aims to boost medical tourism and diversify Macau's economy beyond gambling.
Key Facts
The resort hospital is located in Macau, part of the Studio City entertainment resort.
Macau is known as the world's largest gambling hub, surpassing Las Vegas almost 20 years ago.
The hospital offers services like health screenings, advanced scans, and cosmetic procedures.
Melco Resorts and Entertainment, a Hong Kong-based company, owns Studio City.
The project was launched in partnership with iRad Hospital, a private healthcare group from Hong Kong.
The new facility aims to attract both regional and international visitors for medical tourism.
Macau government aims to diversify its economy, focusing on healthcare, technology, and events.
The global medical tourism industry is significant and expected to grow considerably in the coming years.
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The price of gold reached a record $4,000 per ounce as investors seek a secure place to put their money due to global economic and political uncertainties. This increase is influenced by President Trump's tariffs affecting global trade and a US government shutdown causing economic delays. Gold is considered a safe investment when markets are unstable, and more investors are turning to it during these uncertain times.
Key Facts
Gold hit a record high of $4,000 per ounce.
Its price has risen over 25% since April, following President Trump's tariffs.
The US government shutdown is contributing to the rise in gold prices.
Gold is often seen as a safe investment during economic uncertainty.
Both spot gold and gold futures reached $4,000 for the first time.
The rise in gold is also connected to a weakening US dollar and more retail investors buying gold.
Gold prices went down in 2022 after interest rate hikes by the US central bank.
The climb in gold prices is linked to expectations of lower interest rates by the Federal Reserve.
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The head of British American Tobacco (BAT) in the UK and Ireland suggests that allowing highly regulated vape advertisements could help smokers switch from traditional cigarettes to potentially less harmful alternatives, like vapes. Despite the decline in cigarette sales, vaping advertisements face strict restrictions in the UK due to health concerns. The UK's Department of Health has not yet responded to these suggestions.
Key Facts
Asli Ertonguc is the managing director for UK and Irish operations of British American Tobacco (BAT).
Traditional cigarette sales are decreasing as more smokers choose vapes and nicotine pouches.
The UK has strict rules on advertising vapes because they consider all tobacco products harmful.
Ertonguc proposes a "very strict marketing framework" to promote vaping to adults only.
Vaping makes up nearly 70% of BAT's UK revenue over the past five years.
Some studies, including those from the FDA, suggest vaping might be less harmful than smoking, but it's not without risks.
A 2025 survey showed 20% of UK youths aged 11 to 17 have tried vaping, and 7% currently vape.
BAT states it no longer uses social media influencers to promote their products to young people.
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Tesla's stock price dropped by about 4% after introducing cheaper versions of its Model Y and Model 3 vehicles in the US. The price reduction of $5,000 did not meet investor expectations, as the company faces challenges from reduced government support, increased competition, and lower sales.
Key Facts
Tesla introduced lower-priced versions of Model Y and Model 3 cars in the US.
The new car models are $5,000 cheaper than previous versions.
Tesla's shares fell about 4% following the announcement.
The company is coping with the end of a US tax credit for electric vehicles, which may affect sales.
Tesla has faced increased competition from Chinese carmakers.
Elon Musk scrapped plans for a cheaper car to focus on robot taxis and humanoid robots.
Tesla's sales fell by 12% in the second quarter, marking the largest drop in at least ten years, as deliveries decreased by 14%.
Tesla raised vehicle prices by up to $7,500 after the tax credit expired in September.
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Michigan Governor Gretchen Whitmer signed a new law imposing a 24% tax on marijuana sales between producers and dispensaries. The tax is projected to generate $420 million annually and will help fund road repairs in the state as part of a $1.8 billion plan. While some believe the tax will address infrastructure needs, others fear it could increase prices, reduce sales, and drive consumers to the black market.
Key Facts
Michigan now has a 24% tax on wholesale marijuana sales, starting from producers to dispensaries.
The new tax aims to raise about $420 million each year for road repair projects.
Consumers still have to pay the existing 10% excise tax plus a 6% sales tax on marijuana retail purchases.
Analysts expect a 14.4% drop in sales due to the higher tax.
Some critics worry the tax may push consumers towards illegal marijuana markets due to higher prices.
The tax was part of final budget negotiations in Michigan’s $81 billion fiscal plan for 2026.
About $1 billion from the budget will go toward local road and bridge repairs.
Previous efforts to fix roads with a gas tax increase and a bonding program faced challenges.
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Johnson & Johnson must pay $966 million to a family after a jury found that their talc baby powder caused a woman's cancer. The jury in Los Angeles decided that Johnson & Johnson should pay both compensatory and punitive damages. The company plans to appeal the decision.
Key Facts
Johnson & Johnson was ordered to pay $966 million to Mae Moore's family.
Mae Moore passed away from mesothelioma in 2021.
The jury awarded $16 million in compensatory damages and $950 million in punitive damages.
Johnson & Johnson plans to appeal the decision, calling it incorrect and unfair.
The family claimed the company's product contained asbestos, causing cancer.
Johnson & Johnson has faced many lawsuits about its talc products, with over 67,000 plaintiffs.
The company has switched from talc-based to cornstarch-based baby powder since 2020.
Johnson & Johnson has been trying to settle similar cases through bankruptcy, but courts have rejected their proposals.
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The European Union (EU) plans to increase tariffs on imported steel, which could severely impact the UK's steel industry. The tariffs will cut the amount of steel the UK can export to the EU before extra charges apply, potentially affecting trade worth nearly £3 billion. These changes are intended to counter challenges like global overcapacity and cheap imports, but have raised concerns in the UK.
Key Facts
The EU will increase tariffs on imported steel, reducing UK exports allowed before tariffs apply.
The EU will cut the quota for tariff-free steel imports to 18.3 million tonnes, a 47% reduction.
Steel exports to the EU are vital for the UK market, accounting for 78% of its overseas steel exports.
The EU's decision follows pressures from member states to compete against cheap imports from countries like China and Turkey.
The new tariff measures need approval from EU member states and the European Parliament to take effect early next year.
UK officials are discussing potential impacts and seeking ways to protect their steel industry.
The UK government seeks to maintain trade flow with the EU and plans to discuss concerns with steel industry representatives.
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Thirty paintings by Bob Ross will be auctioned to help small and rural public TV stations facing funding cuts. The auctions will take place in Los Angeles, London, New York, Boston, and online, with all profits going to public TVs. Congress removed $1.1 billion in public broadcasting budgets, leading stations to seek new funding sources.
Key Facts
Thirty Bob Ross paintings will be sold at auction to support public TV stations.
The auctions are designed to help stations pay for popular programs.
President Trump requested, and Congress removed $1.1 billion from public broadcasting budgets.
About 330 PBS and 246 NPR stations need new ways to fund themselves.
Some stations have laid off workers and cut programming due to budget cuts.
Bonhams will host the auctions in various cities and online.
The Bob Ross paintings could collectively bring $850,000 to $1.4 million.
Bob Ross was known for making painting shows on TV in the 1980s and '90s.
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The article intended to cover compensation payouts for a car finance scandal, but the content wasn't available. A placeholder text showed an error message instead.
Key Facts
The article's original topic was about car finance and driver payouts.
The headline mentioned drivers receiving £700 each after a scandal.
Specific details of the finance scandal were not provided.
The webpage displayed an error message (Error 404), indicating the content was missing.
The webpage encouraged users to verify they typed the URL correctly.
Contact information for feedback (comhelp.bbc@bbc.com) was provided.
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San Francisco Federal Reserve President Mary Daly supports more interest rate cuts to help avoid job losses and manage the economy, despite strong growth. Daly notes that while hiring is slow, inflation from tariffs might not last long, making rate cuts necessary. She emphasizes that their main goals are stable prices and full employment, not just growth.
Key Facts
Mary Daly is the President of the San Francisco Federal Reserve.
Daly advocates for more interest rate cuts to prevent job losses.
Despite strong economic growth, job creation is weak and inflation is high.
The Federal Reserve aims for price stability and full employment.
Daly believes current tariffs won't cause long-term inflation.
The unemployment rate is low, but hiring has slowed significantly.
Daly references the Beveridge Curve to highlight potential job market risks.
The Federal Reserve has been cautious about cutting rates due to past tariff uncertainties.
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President Trump plans to provide financial aid to U.S. farmers affected by trade tariffs, especially those growing soybeans. This move has raised concerns among other businesses hit by tariffs, who feel left out of government relief efforts. The trade tensions have led to increased costs for various industries, impacting their ability to operate effectively.
Key Facts
President Trump plans to give billions of dollars in aid to American farmers hurt by trade tariffs.
The aid targets soybean farmers since China, a major buyer, has reduced its imports from the U.S.
Some industries, such as beer and wine, have also suffered due to the tariffs but aren't getting similar relief.
Craft brewer Justin Turbeest had to close his tap room and lay off 20 staff because of increased costs due to tariffs.
Wine exports from the U.S. have decreased by 30% this year amid trade tensions.
Distilled spirits exports to Canada have dropped 85% due to retaliatory tariffs.
Some business groups argue that aid should not favor certain industries while neglecting others.
The Can Manufacturers Institute suggests exempting tin plate steel from tariffs to help manage food can costs.
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Applebee’s has introduced new menu items for the fall, including Crispy Pickle Fries and a Grilled Cheese Cheeseburger. They also launched new cocktails as part of their 'Spooky Sips' menu. These additions aim to attract more customers and boost sales in a competitive dining industry.
Key Facts
Applebee’s launched new fall menu items to attract more customers.
New items include Crispy Pickle Fries and a Grilled Cheese Cheeseburger.
The Grilled Cheese Cheeseburger is part of the 2 for $25 menu.
Crispy Pickle Fries come with Tajin Crispy seasoning and a choice of dipping sauce.
New cocktails include the $6 Tipsy Zombie and $6 Dracula’s Juice, which are part of the 'Spooky Sips' menu.
The dining sector is competitive, and new menu items help maintain relevance.
Applebee’s aims to increase foot traffic and sales with these offerings.
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DPD delivery drivers are protesting a reduction in the payment for delivering small parcels. Approximately 1,300 drivers could stop working for three days as part of this protest. DPD says it does not expect this to majorly affect its services.
Key Facts
DPD reduced the pay for delivering small parcels by 65p.
About 1,300 drivers, mostly self-employed or franchised, are protesting for three days over the pay cut.
Drivers say the pay cut could significantly reduce their annual earnings.
DPD claims the action will not significantly impact their services.
The company has increased pay rates for larger parcel deliveries to offset the small parcel cut.
Some drivers received only hours of notice before the new pay rate started.
DPD introduced new incentives to boost overall driver earnings.
The protest comes amid rising competition in the delivery industry due to more online shopping.
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Long John Silver's has changed its logo to include a chicken design instead of just a fish symbol. This move highlights chicken as an essential menu item alongside seafood. The change is aimed at staying competitive in the fast-food market.
Key Facts
Long John Silver’s now has a new logo featuring a chicken image.
The company wants to emphasize both chicken and seafood on its menu.
Long John Silver's has offered chicken dishes for many years, including items like chicken strips and combo platters.
The new logo and menu changes aim to attract more customers.
The company tested new chicken items in Kentucky with positive feedback, but no national rollout is confirmed.
Other food chains have tried similar rebranding efforts, with mixed results.
Long John Silver's chicken items, like Chicken Planks, are now more prominently featured on their menu.
Despite the focus on chicken, traditional seafood options remain available.
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Starbucks announced its holiday menu for 2025, featuring both new and returning festive drinks and baked goods. The menu, which launches on November 6, is accompanied by a collaboration with Hello Kitty for themed merchandise and a range of holiday-flavored coffees and creamers available in stores.
Key Facts
Starbucks' 2025 holiday menu includes new and returning festive drinks like Peppermint Mocha and Eggnog Latte.
The baked goods selection features items such as the Snowman Cookie and introduces new items like the Polar Bear Cake Pop.
The coffee bean offerings include seasonal blends like the Christmas Blend and Holiday Blend.
Starbucks is collaborating with Hello Kitty on limited-edition merchandise.
The annual Red Cup Day promotes reusable cups by giving them to customers who purchase a holiday drink.
Holiday-flavored coffees and creamers, such as Peppermint Mocha Creamer, are now available in grocery stores.
Ready-to-drink options in the holiday lineup include the Peppermint Mocha Frappuccino Chilled Coffee Drink.
The holiday menu and Hello Kitty merchandise become available starting November 6.
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Mel Robbins has turned her self-help theories into a successful business. She sells books, runs a podcast, and creates content for companies, all centered around herself. Her media company, Mel Robbins Inc., includes a team of over 50 people and handles an extensive online presence.
Key Facts
Mel Robbins has sold books in 64 languages, reaching millions of people.
Her book "The Let Them Theory" sold 7 million copies in nine months.
Robbins has more than 40 million social media followers.
"The Mel Robbins Podcast" has over half a billion downloads.
Her content focuses on making materials useful for specific audiences.
Robbins plans to expand into consumer products.
She emphasizes betting on oneself for success.
Her company is supported by advertising and corporate partnerships.
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Mel Robbins, a bestselling author, appeared on "The Axios Show" with Jim VandeHei, who is the CEO of Axios. They discussed Robbins' book, "The Let Them Theory."
Key Facts
Mel Robbins is a bestselling author.
She wrote a book called "The Let Them Theory."
Jim VandeHei is the CEO of Axios, a media company.
Robbins appeared on the third episode of "The Axios Show."
The episode is available on YouTube for viewing.
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John Ternus, who is Apple's senior vice president for hardware engineering, is seen as the leading candidate to replace Tim Cook as Apple's CEO. Cook has led Apple successfully for many years, and while he is not expected to leave soon, Apple is preparing for a future leadership change.
Key Facts
John Ternus is currently Apple's senior vice president for hardware engineering.
He is considered the main candidate to succeed Tim Cook as CEO.
Ternus joined Apple in 2001 and has worked on products like the iPad, Mac, AirPods, and iPhone.
Tim Cook, 50 when he became CEO, has overseen strong financial growth but less technological breakthrough.
Cook is preparing potential successors from within Apple for when he eventually steps down.
Ternus is well-regarded within Apple, seen as capable and likable.
Apple has struggled with major new technology areas recently, such as mixed reality and AI.
Jeff Williams, former Chief Operating Officer, was previously considered a successor but stepped down.
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Jaguar Land Rover (JLR) plans to restart production at some UK sites following a cyber-attack that halted operations since September. The company will start by bringing back workers to specific locations and has introduced a fast-track payment program to support its suppliers affected by the shutdown.
Key Facts
JLR experienced a cyber-attack that stopped production lines since the beginning of September.
Production will restart on a phased basis at locations in the West Midlands and Merseyside.
Initial sites to reopen include the Wolverhampton engine plant and Hams Hall battery assembly center.
JLR has set up a payment plan to help its direct suppliers, some of whom had financial struggles during the downtime.
The payment plan allows suppliers to receive funds up to 120 days earlier than usual.
JLR's scheme is financed with credit from a commercial bank, separate from a recent government loan guarantee.
The return of production is seen as a positive step, but many smaller suppliers continue to face financial difficulties.
Full normal production is expected to take several weeks to achieve.
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