A new report shows that diversity in the leadership teams of top U.S. companies has fallen to its lowest point in over ten years. The study focused on companies in the S&P 500 index and found fewer diverse members have been added to corporate boards since 2021.
Key Facts
The report was released by Spencer Stuart, a global advisory search firm.
Diversity on corporate boards of S&P 500 companies reached its highest level, 72 percent, in 2021.
Since 2021, the number of diverse board appointments has dropped each year.
This decline marks the lowest level of boardroom diversity in over a decade.
The analysis focuses specifically on diversity in leadership roles at large U.S. companies.
"Diversity" includes factors such as race, gender, and ethnicity of board members.
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CBS's show 60 Minutes announced new correspondents and contributors to replace several longtime staff members who were fired this spring. New additions include Ross Douthat from The New York Times, as well as Sebastian Junger, Gianna Toboni, and Trevor Phillips, while Norah O’Donnell was promoted to full-time correspondent.
Key Facts
60 Minutes fired longtime correspondents Scott Pelley, Sharyn Alfonsi, and Cecilia Vega in the spring.
Ross Douthat, a New York Times columnist, is joining 60 Minutes as a correspondent after leaving the Times.
Sebastian Junger, Gianna Toboni, and Trevor Phillips joined 60 Minutes as new contributors.
Trevor Phillips was hired earlier by CBS News as a global correspondent in June.
Norah O’Donnell was promoted from contributor to full-time correspondent.
Executive producer Nick Bilton praised the new team as experienced journalists who connect with modern audiences.
Some staff members left the show accusing CBS News leadership of interfering with editorial choices; CBS denied these claims.
Longtime correspondents Lesley Stahl, Bill Whitaker, and Jon Wertheim stayed on the show.
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eBay and three former executives agreed to pay nearly $56 million to settle a lawsuit over a harassment campaign against two journalists in 2019. The case involved threats such as sending cockroaches, a funeral wreath, and a pig mask, as well as attempts to track the victims’ car, which led to criminal charges and prison sentences for some former employees.
Key Facts
eBay and three former executives will pay a total of about $56 million to Ina and David Steiner, who run the news website EcommerceBytes.
The harassment in 2019 included sending live cockroaches, a funeral wreath, a book about losing a spouse, and a bloody pig mask to the victims’ home.
Harassing emails, Twitter messages, and an attempt to attach a GPS tracker to the Steiners’ car were part of the campaign.
Seven former eBay employees and contractors pleaded guilty and received prison or home confinement sentences.
Former eBay CEO Devin Wenig, Senior VP Wendy Jones, and Communications Officer Steve Wymer paid money as part of the civil settlement but were not charged criminally.
eBay stated the conduct was wrong and that it has improved its policies and ethics since 2019.
The settlement requires eBay to publicly acknowledge the wrongdoing by the former executives.
The victims had filed their lawsuit in 2021 to address the harassment and stop the abusive campaign.
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A developer wants to build a large data center in Plymouth Township, Pennsylvania, but the township has set 43 detailed requirements to address health, safety, and environmental concerns. The developer says these rules are too strict and is legally challenging them, while the township stands firm, saying it wants the project to benefit the community without harming residents.
Key Facts
The proposed data center would be 2 million square feet and built on a former steel plant site.
Plymouth Township cannot outright refuse lawful projects but can enforce safety and zoning rules.
The township created a 43-point plan covering noise, water use, pollution, and other concerns.
The developer initially agreed to meet township requirements but now says they are too burdensome.
Township officials accuse the developer of intimidation and bad faith in the negotiation process.
Requirements include noise studies before and after construction, and limits on vibrations that disturb neighbors.
Cooling systems must recycle coolant in a closed loop and avoid harming local water sources like the Schuylkill River.
The township aims to make sure the data center provides local jobs and pays for infrastructure costs like water and power upgrades.
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Wildfires near Bordeaux highlight serious challenges for the region's wine industry caused by drought and heatwaves. Without enough water, vines risk shutting down to protect themselves, which could damage grape harvests and wine quality.
Key Facts
Wildfires are burning near Bordeaux, France’s largest wine area.
The region faces severe drought and repeated heatwaves.
Many vineyards lack enough water to irrigate all their vines.
Vines might shut down to protect themselves if dry conditions continue.
This could cause grapes to shrivel and reduce wine yields and quality.
Some areas allowed irrigation this year, which is usually limited.
Climate change has improved grape ripeness and wine quality in some hot years.
Bordeaux’s wine market has seen price drops and falling demand recently.
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Personal items belonging to Colonel Sanders, the founder of KFC, are being sold at an auction. These items include his black bow tie, a pressure cooker, and his former home.
Key Facts
Colonel Sanders founded the KFC fried chicken brand.
His personal belongings are now available for people to buy at an auction.
Items include his black bow tie and a pressure cooker.
His former home is also part of the auction.
The news was reported by ABC News.
The auction gives fans and collectors a chance to own a piece of KFC history.
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Back-to-school costs in the U.S. are rising, with prices for school supplies and lunches increasing compared to last year. Families are expected to spend about $4,000 per student this year, driven by higher tariffs on imported goods and rising energy costs linked to global events.
Key Facts
The price for a typical set of school supplies is up nearly 8% compared to last year.
School lunches are about 11% more expensive than in the previous year.
Families may spend around $175 on school supplies and $3,800 on packed lunches per student this year.
Many school supplies like notebooks, pens, and glue are made overseas and face higher U.S. tariffs, raising prices.
Energy cost increases from conflicts in the Middle East have raised production expenses for supply companies.
Some companies, like Newell Brands and Logitech, have raised prices due to tariff and energy cost increases.
A survey found 45% of parents expect to borrow money to cover back-to-school spending, and half plan to cut household expenses.
Common back-to-school items such as notebooks, index cards, and lunch staples like bread and blueberries have all seen significant price increases.
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Keeping $10,000 in a traditional savings account pays much less interest than other types of accounts. High-yield savings accounts, certificates of deposit (CDs), and money market accounts offer much higher rates, helping savers earn more money over time.
Key Facts
The average interest rate for traditional savings accounts is about 0.38%.
A $10,000 amount in a traditional savings account will earn about $38 in one year.
A $10,000 certificate of deposit (CD) at 4.17% interest would earn $417 in one year.
A high-yield savings account at 4.10% would earn $410 on $10,000 in one year.
A money market account at 3.80% would earn $380 on $10,000 in one year.
By keeping money in a traditional savings account, savers could lose between $342 and $379 in potential interest earnings per year.
Interest rates on other savings options might change, but the difference in earnings is already large.
Savers can easily compare accounts online to find better rates and increase their savings growth.
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Ebay and three former top executives agreed to pay $55.7 million to a Massachusetts couple who were harassed by several former eBay employees. The harassment included sending cockroaches and trying to track the couple’s car, which was done in retaliation for the couple’s critical newsletter about eBay.
Key Facts
David and Ina Steiner filed a lawsuit in 2021 after being targeted in a stalking and harassment campaign.
Ebay agreed to pay the couple $46.15 million and donate $6 million to charities as part of the settlement.
Seven former eBay employees pleaded guilty and were sentenced to prison for their roles in the harassment.
The harassment involved sending cockroaches, fly larvae, a bloody pig mask, and attempts to install a GPS tracker on the couple’s car.
The campaign was linked to a company effort to silence the couple’s newsletter, EcommerceBytes, which was critical of eBay.
Devin Wenig, former eBay CEO, was never charged but agreed to pay $2 million to the couple and donate $1 million to a free speech charity.
Ebay publicly apologized and called the events “wrong” and “reprehensible.”
Additional settlements were reached with other former eBay employees involved in the lawsuit.
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eBay agreed to pay nearly $50 million to a Massachusetts couple who said former eBay employees harassed them with threats and strange deliveries, including live insects and a bloody pig mask. The settlement ends over six years of legal actions and requires eBay to make a public statement about the behavior of its former executives.
Key Facts
eBay settled for almost $50 million with David and Ina Steiner, who run an e-commerce newsletter.
The couple was targeted by former eBay workers with threats, live insects, a funeral wreath, and a bloody pig Halloween mask.
The harassment included cyberstalking, death threats, and in-person surveillance.
The case started in 2019 and involved criminal and civil charges.
Seven former eBay employees were charged; most pleaded guilty and received prison or home confinement sentences.
eBay apologized and said the incidents were not part of the company culture.
The settlement includes $7 million in donations to charities supporting First Amendment rights (free speech).
eBay must publicly address the misconduct of former top executives named in the case.
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In 2025, Canadians spent $3.3 billion less on trips to the United States compared to before President Donald Trump’s second term. Overall, Canadians spent $18.8 billion on travel to the U.S. during that year.
Key Facts
Canadian spending on travel to the U.S. dropped by $3.3 billion in 2025.
Total Canadian travel expenditure in the U.S. was $18.8 billion in 2025.
The decline happened during President Donald Trump’s second term.
The report comes from Statistics Canada, the country’s official data agency.
The decrease affected leisure trips among Canadians traveling to the U.S.
Economic and political factors during President Trump’s term influenced Canadian travel behavior.
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Lidl is recalling certain cookies sold in all its stores in the United States because they contain allergens that are not listed on the packaging. This recall affects customers who may have allergies to those ingredients.
Key Facts
Lidl is a German supermarket chain with stores in the U.S.
The recall involves cookies sold in all Lidl locations in the United States.
The reason for the recall is undeclared allergens in the cookies.
Undeclared allergens can pose health risks to people with food allergies.
Lidl is taking action to remove these products from its shelves.
Customers should check their cookies and avoid eating the recalled items.
Lidl is likely informing customers and offering refunds or replacements.
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The global collagen market is changing as companies focus on proving their products work through scientific studies. Sel Sanayi, with its CollaSel brand, has published several peer-reviewed studies showing its collagen peptides may be more effective than typical products. This shift is driven by stricter rules and smarter customers who want clinically proven health benefits.
Key Facts
The collagen market is moving from broad health claims to clinical proof backed by research.
Sel Sanayi’s CollaSel has three recent peer-reviewed studies validating its collagen peptides.
One study found CollaSel Tripeptide has stronger biological activity relevant to heart and metabolic health compared to standard collagen.
Two clinical trials showed CollaSel Pro improved skin health and reduced joint pain in osteoarthritis patients.
CollaSel peptides are much smaller in molecular size (300-500 Daltons) than typical collagen (2,000-5,000 Daltons).
The smaller size may help the peptides absorb better in the body, increasing exposure by about 2.7 to 3.3 times.
Sel Sanayi treats clinical validation as a key part of making their products, not just marketing.
Regulatory agencies in the US and Europe require stronger scientific evidence for health claims, influencing market trends.
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Apple has become the world's most valuable company, surpassing Nvidia after more than two years. Apple's stock has increased by 25% this year, giving it a market value of about $4.99 trillion as of midday Tuesday.
Key Facts
Apple is now the most valuable company globally.
Nvidia was the top company for more than two years before Apple overtook it.
Apple's stock price has increased by 25% since the beginning of this year.
As of midday Tuesday, Apple's market value reached approximately $4.99 trillion.
The market value means the total worth of all Apple's shares combined.
Nvidia is a company that makes computer chips.
Apple's main product is the iPhone.
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A 3-month certificate of deposit (CD) with $10,000 can earn about $94 to $97 in interest at current rates near 4%. Alternatively, a high-yield savings account offers a similar return with more flexibility but a variable interest rate.
Key Facts
A 3-month CD locks in money for the term but offers fixed interest rates around 3.8% to 3.95%.
Interest earned on a $10,000 3-month CD is roughly $94 to $97 by maturity.
This means savers earn about $1 per day during the 3-month period.
High-yield savings accounts currently offer around 4.10% interest with about $100 earned in three months.
Unlike CDs, savings account rates can change over time and money remains accessible.
Traditional savings accounts offer much lower rates, about 0.38%, which may not keep up with inflation.
Online banks often provide better CD rates than banks with physical branches.
Savers should compare options because both CDs and high-yield savings accounts are better than regular savings accounts right now.
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The cryptocurrency industry is becoming more like traditional industries, focusing less on new technology and more on using existing systems efficiently. Companies that run the underlying services and infrastructure well are gaining value as the technology itself becomes more standard.
Key Facts
Early crypto success came from creating new blockchain technologies and proving they were better.
Now, many blockchains offer similar features, making them more like standard tools than unique products.
Value is shifting to companies that operate infrastructure like validators, exchanges, and custodians effectively.
This change is similar to past industries like telecommunications and railroads, where managing infrastructure well created wealth.
Crypto firms now compete on factors like reliability, speed, risk management, and compliance.
Larger crypto companies benefit from economies of scale, meaning they can operate more cheaply and securely.
The industry is moving from innovation to efficient operation of complex systems that support crypto services.
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The 52-week money challenge helps people save money by increasing their weekly savings by $1 each week. By the end of the year, participants can save about $1,378, and using special savings accounts with higher interest rates can help grow this amount faster.
Key Facts
The challenge starts by saving $1 in week one and adds $1 more each following week.
By week 52, the savings amount is $52, totaling $1,378 saved in one year.
Inflation is around 3%, above the Federal Reserve’s 2% target.
Households face high debt, with credit card rates over 20%, and wages are not keeping up with inflation.
Using a traditional savings account with low interest (around 0.38%) won’t grow the savings much.
GSK is investing £400 million in a new research and development center in Cambridge, moving many scientists from its Stevenage site. The company plans to increase its late-stage drug trials and cut £1.9 billion in annual costs by 2029, while aiming for revenue of over £40 billion by 2031.
Key Facts
GSK will spend £400 million to open a new research center in Cambridge.
The Stevenage facility will close, and most scientists will move to Cambridge.
Cambridge is a major life sciences hub with universities, hospitals, and biotech companies.
GSK plans to start late-stage trials for at least 20 potential medicines this year, up from 10.
The company recently bought US cancer specialist Nuvalent for nearly £8 billion.
GSK aims to cut £1.9 billion in annual costs by 2029 through efficiency measures.
Patent expiration on the HIV drug dolutegravir (about 20% of sales) in 2028-30 is a concern.
GSK expects stable or improving profit margins despite patent challenges and is targeting £40 billion+ revenue by 2031.
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A recent study found that 80% of toddler foods sold in grocery stores are ultra-processed. These foods often have higher levels of sugar, salt (sodium), fat, or calories than recommended for young children.
Key Facts
Four out of five toddler food products are highly processed.
These foods often contain too much sugar.
Many have excessive amounts of sodium, which is salt.
Some toddler foods have too much fat.
Calories in these products frequently exceed healthy guidelines for toddlers.
The study focused on products available in grocery stores.
The findings raise concerns about the nutritional quality of foods marketed for toddlers.
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The UK government will give some parents on benefits up to £4,500 a year to encourage their children to start apprenticeships. This payment will help families who lose some benefit money when their children begin paid apprenticeships by replacing the lost income.
Key Facts
Parents on benefits could get up to £4,500 yearly to support children starting apprenticeships.
The payment aims to stop families from losing money when a young person starts an apprenticeship job.
It will help a few thousand households who currently lose between £17 and £330 a week because apprenticeships count as earned income.
The bursary is funded by a £30 million budget from a levy on employers with wage bills over £3 million.
A government advisory report pointed out that benefits rules sometimes reduce payments too much when young people work as apprentices.
More than a million young people aged 16 to 24 in the UK are not in education, employment, or training (NEET).
The government says this bursary will support young people to "earn and learn" without losing benefits.
Additional funding and support for apprenticeship training for under-25s and employers will continue.
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