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Just the Facts, from multiple news sources.

Business News

Business news, market updates, and economic developments

‘I don’t want to waste the gas’: Uber and Lyft drivers reeling as fuel prices soar

‘I don’t want to waste the gas’: Uber and Lyft drivers reeling as fuel prices soar

April 19, 2026 • Guardian US

Summary

Drivers for Uber and Lyft in the US are paying much more for fuel after a rise in oil prices linked to the US-Israel war on Iran. The companies have offered some discounts and rewards, but drivers say these do not cover the increased costs, forcing many to work longer hours or drive less.

Key Facts

  • Oil prices rose sharply after the US-Israel conflict involving Iran, pushing US fuel prices from about $3 to over $4 per gallon.
  • Uber and Lyft drivers must pay for their own fuel, car maintenance, and leasing costs because they are independent contractors.
  • Drivers report spending hundreds of extra dollars monthly on fuel, reducing their earnings despite working longer hours.
  • Some drivers say the companies’ discounts and reward programs on fuel are not helpful and sometimes more expensive in practice.
  • Drivers feel they are paid less per ride each year, requiring them to drive more to earn the same money.
  • Several drivers shared they are cutting back on driving or waiting longer without rides to avoid wasting gas.
  • Drivers are concerned that rising fuel costs make it harder to support themselves with rideshare jobs.
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Guardian US Guardian Business Guardian Tech
Trump-branded AI data center megaproject stalls, CEO departs

Trump-branded AI data center megaproject stalls, CEO departs

April 19, 2026 • Axios

Summary

The largest planned data center in the world, named after President Donald Trump and backed by his allies, is facing big delays and challenges. The CEO recently left, and the project struggles without a confirmed main tenant, which is needed to move forward, especially for key parts like the cooling systems.

Key Facts

  • The project is called the President Donald Trump Advanced Energy and Intelligence Campus, or Project Matador.
  • It is located in the Texas Panhandle and aims to be half the size of Manhattan.
  • The data center would demand three times the power of New York City, planning to generate 17 gigawatts from natural gas, nuclear, and solar energy.
  • The CEO, Toby Neugebarger, left suddenly amid growing issues with the project.
  • The project lacks a confirmed major tenant, often called an “anchor tenant,” who helps finalize details like cooling systems essential for the center.
  • A key tenant pulled out in December, leading to a class-action lawsuit from investors.
  • The first buildings are now expected to be ready about a year later than planned, around May 2027 instead of 2026.
  • The company’s stock has dropped 75% in six months after an initial public offering (IPO) last fall.
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Axios
Reform UK’s Richard Tice allegedly failed to pay £100,000 in corporation tax

Reform UK’s Richard Tice allegedly failed to pay £100,000 in corporation tax

April 19, 2026 • Guardian World

Summary

Richard Tice, deputy leader of Reform UK, is reported to have failed to pay nearly £100,000 in corporation tax through companies linked to his investments. The money was then donated to Reform UK, and Tice has said he will correct any mistakes if needed.

Key Facts

  • Richard Tice allegedly did not pay about £100,000 in corporation tax between 2020 and 2022.
  • The unpaid tax was related to four shell companies connected to his investment business.
  • These companies funneled money to Tice’s parent company, which then donated over £1 million to Reform UK.
  • Tice said errors can happen in a long business career and said he will pay what is owed after review.
  • He accused the Sunday Times of trying to find minor issues and claimed the report was part of a smear campaign with the Labour party.
  • The Labour party criticized Tice and called the issue a major scandal.
  • Tice had previously asked others to resign over smaller tax errors.
  • Reform UK referred to Tice’s public statement when asked for comment.
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Guardian World
More Britons opt to holiday in UK this summer amid uncertainty over flights

More Britons opt to holiday in UK this summer amid uncertainty over flights

April 19, 2026 • Guardian World

Summary

Many British people are choosing to take holidays in the UK this summer due to worries about possible flight cancellations linked to the war in Iran and rising jet fuel prices. Holiday companies in the UK report a big increase in bookings, while travel spending on airlines and abroad has dropped.

Key Facts

  • UK holiday companies say bookings for summer breaks are up by over 30% this year.
  • The conflict in Iran has raised concerns about jet fuel shortages, which may cause flight cancellations in Europe.
  • People are booking UK holidays closer to the time, with last-minute bookings roughly double the usual amount.
  • Many travelers prefer destinations reachable by car or public transport to avoid uncertainties in air travel.
  • Inflation and rising energy costs are causing some people to shorten their holidays or stay closer to home.
  • Spending on travel agents, airlines, and public transport fell in March compared to before.
  • Research shows 52% of Britons plan to holiday in the UK, while 49% plan to travel abroad.
  • Experts warn Europe has only about six weeks of jet fuel supply left, risking more flight cancellations soon.
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Guardian World
Carmakers scramble to plug £3bn shortfall for UK loan scandal payouts

Carmakers scramble to plug £3bn shortfall for UK loan scandal payouts

April 19, 2026 • Guardian World

Summary

Carmakers in the UK need to quickly find £3 billion to pay victims of a motor finance scandal because they underestimated the cost of a government compensation plan. This plan will help drivers who were overcharged on car loans between 2007 and 2024.

Key Facts

  • The UK’s Financial Conduct Authority (FCA) created a £9.1 billion compensation plan for the motor finance scandal.
  • Carmakers’ finance divisions are responsible for £3.8 billion of the total compensation, but have only set aside £803 million.
  • Carmakers must raise about £3 billion more to cover their share of the payouts.
  • The compensation is for customers who were overcharged due to commission payments between lenders and car dealers.
  • Banks like Lloyds, Santander, and Barclays are responsible for 57% of the compensation and have already set aside £3.9 billion.
  • Mercedes-Benz has saved the most money for payouts among carmakers, followed by BMW, Renault, Ford, and Stellantis.
  • The compensation scheme includes about £7.5 billion for customers and £1.6 billion for administrative costs.
  • The FCA allows lenders and consumer groups to challenge the compensation plan until April 27, which may delay payments.
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Guardian World
"48 Hours" show schedule

"48 Hours" show schedule

April 19, 2026 • CBS News

Summary

"48 Hours" is a true crime TV show that airs on Saturday nights on CBS and streams on Paramount+. The show also provides full episodes and additional content on platforms like Pluto TV, YouTube, Netflix, and the CBS News app.

Key Facts

  • "48 Hours" airs Saturdays at 10 p.m. Eastern / 9 p.m. Central on CBS.
  • The show is available for streaming on Paramount+, Pluto TV, YouTube, Netflix, and CBSNews.com.
  • Viewers can watch episodes anytime on a free, advertiser-supported channel called the "48 Hours" FAST Channel.
  • The program features true crime stories with investigative reports by correspondents such as Natalie Morales, Peter Van Sant, Erin Moriarty, and others.
  • Upcoming and recent episodes include stories about missing persons, murders, and cold cases.
  • Some episodes have occasionally been delayed due to sports broadcasts like UFC and NCAA basketball.
  • "48 Hours" also offers related podcasts for listening.
  • The show is accessible on phones and connected TV devices via the CBS News app.
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CBS News
How consumers can navigate the cost of available flights impacted by the Iran war

How consumers can navigate the cost of available flights impacted by the Iran war

April 18, 2026 • PBS NewsHour

Summary

The war involving the U.S. and Israel against Iran is causing global oil shortages, raising jet fuel prices and making flights more expensive or less available. Airlines worldwide have cut some routes and increased fees to cope with the rising fuel costs, and experts advise travelers to book flights early and avoid the cheapest ticket options to maintain flexibility.

Key Facts

  • The conflict with Iran is reducing global oil supplies, pushing jet fuel prices from $99 to $209 per barrel between February and April.
  • The International Energy Agency warned that Europe might run low on jet fuel within weeks, causing airlines to reduce flights.
  • Many airlines have increased fees for checked bags and added fuel surcharges due to higher fuel costs.
  • Air Canada is suspending flights to New York's JFK Airport from June to October to save on fuel expenses.
  • Airlines such as United, Delta, Air France-KLM, SAS, Philippine Airlines, and Cathay Pacific have cut routes and raised ticket prices.
  • Iran reversed its decision to reopen the Strait of Hormuz, maintaining uncertainty about oil flow and prices.
  • Experts recommend booking flights early, avoiding Basic Economy fares, and choosing refundable or more flexible tickets.
  • Normal fuel production and delivery might take months to return even if peace is achieved, keeping prices high for some time.
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PBS NewsHour
'Croatia, but cheaper': The quirky holiday spots on trend for 2026

'Croatia, but cheaper': The quirky holiday spots on trend for 2026

April 18, 2026 • BBC Top Stories

Summary

More people are choosing less-known, affordable holiday spots in Europe for 2026. Countries like Montenegro and the Baltic states are growing in popularity as travelers look for authentic experiences and better value compared to traditional tourist destinations.

Key Facts

  • Many travelers want authentic trips instead of typical all-inclusive resorts.
  • About 40% of British vacationers plan to visit a country they have never been to before.
  • The war in the Middle East is causing some people to pick European destinations instead.
  • Montenegro is becoming popular due to its mix of beaches, cities, and outdoor activities.
  • Montenegro is cheaper than Croatia but offers a similar experience, according to a travel blogger.
  • Estonia, Finland, and Lithuania are gaining attention for their beaches, history, and easy travel connections.
  • Germany’s Rügen island attracts domestic tourists with natural beauty and traditional villages.
  • Some travelers now see the journey itself (like train trips) as part of their holiday experience.
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BBC Top Stories BBC World BBC Business
Can Allbirds take flight as an AI company?

Can Allbirds take flight as an AI company?

April 18, 2026 • CBS News

Summary

Allbirds, a shoe company that has faced difficulties, said it will stop making shoes and change into a company focused on artificial intelligence (AI). This is a major shift for the company as it moves from shoes to technology.

Key Facts

  • Allbirds is a shoe brand.
  • The company has been struggling recently.
  • Allbirds announced it will leave the shoe business.
  • It will become an artificial intelligence (AI) company.
  • This change means the company will focus on technology instead of shoes.
  • The announcement was reported by CBS News.
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CBS News
WWE Under Fire After Blocking ESPN Reporter From WrestleMania 42

WWE Under Fire After Blocking ESPN Reporter From WrestleMania 42

April 18, 2026 • Newsweek

Summary

WWE and ESPN have a close partnership, with ESPN personalities involved in WrestleMania 42. However, ESPN reporter Andreas Hale was denied credentials to cover the event, despite his previous work on WWE. This decision has caused controversy among fans and journalists.

Key Facts

  • WWE and ESPN formed a partnership last year and now work closely together.
  • Pat McAfee, an ESPN and WWE personality, will play a main role at WrestleMania 42.
  • Andreas Hale is an ESPN combat sports writer who covers WWE.
  • Hale was denied credentials to cover WrestleMania 42 in Las Vegas.
  • ESPN stopped allowing writers like Hale to give grades on WWE events after a "C" rating was given.
  • Hale’s credential denial has upset fans and reporters who support him.
  • An ESPN personality appears in the main event, yet a key ESPN journalist is blocked from press access.
  • This situation highlights tensions between media coverage and company partnerships in sports entertainment.
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Newsweek
Federal judge blocks Nexstar-Tegna merger until antitrust lawsuit is resolved

Federal judge blocks Nexstar-Tegna merger until antitrust lawsuit is resolved

April 18, 2026 • PBS NewsHour

Summary

A federal judge has stopped the $6.2 billion merger between Nexstar Media Group and Tegna until a lawsuit about competition rules is settled. The judge said the merger could lead to higher prices for viewers and fewer local news choices.

Key Facts

  • Nexstar and Tegna planned to merge their local TV stations in 44 states and Washington, D.C.
  • The merger was approved by the Federal Communications Commission (FCC) under President Donald Trump’s administration.
  • Eight state Attorneys General and DirecTV filed a lawsuit opposing the merger due to concerns over higher consumer costs and less local news coverage.
  • The judge ruled that Nexstar might use its power to raise fees for TV distributors like DirecTV, increasing bills for customers.
  • Nexstar has previously reduced local news options in markets where it owns more than one station.
  • The Department of Justice ended its antitrust review of the deal early, which the judge found unusual.
  • President Donald Trump publicly supported the merger in February during the review process.
  • The court’s preliminary injunction pauses the merger until the legal issues are fully addressed.
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PBS NewsHour
Titanic life jacket sells for £670,000 at auction

Titanic life jacket sells for £670,000 at auction

April 18, 2026 • BBC Top Stories

Summary

A life jacket worn by Titanic survivor Laura Mabel Francatelli sold for £670,000 at an auction in Wiltshire, UK. This is the first time a Titanic life jacket has been sold at auction since the ship sank in 1912. Another item, a seat cushion from a Titanic lifeboat, sold for £390,000 and will be displayed in a Titanic museum in the US.

Key Facts

  • The life jacket belonged to Laura Mabel Francatelli, a first-class passenger who survived the Titanic disaster.
  • The jacket has 12 pockets, shoulder rests, side straps, and signatures from Francatelli and other survivors.
  • The jacket sold for much more than the estimated price of £250,000 to £350,000.
  • The auction took place at Henry Aldridge & Son in Devizes, Wiltshire.
  • A seat cushion from a Titanic lifeboat sold for £390,000 at the same auction.
  • The seat cushion buyer was the Titanic Museum Attraction in Tennessee and Missouri, USA.
  • Around 1,500 people died when the Titanic sank in the North Atlantic in 1912.
  • The auction coincided with the 114th anniversary of the Titanic sinking.
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BBC Top Stories
Judge temporarily halts Nexstar-TEGNA merger

Judge temporarily halts Nexstar-TEGNA merger

April 18, 2026 • The Hill

Summary

A federal judge in California has temporarily stopped a planned merger between Nexstar and TEGNA, two broadcasting companies. The judge ordered Nexstar to pause merging with TEGNA while legal challenges from DirectTV and several state attorneys general continue.

Key Facts

  • A federal judge named Troy L. Nunley made the ruling on a Friday.
  • The merger between Nexstar and TEGNA is currently on hold.
  • The pause is temporary until the court decides on future legal steps.
  • The merger is being challenged by DirectTV and a group of state attorneys general.
  • Nexstar was ordered to stop combining its operations with TEGNA for now.
  • This case is happening in California federal court.
  • Nexstar and TEGNA are companies that broadcast TV content.
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The Hill
Marriott’s Vast Hotel Network Offers Exclusive World Cup Benefits

Marriott’s Vast Hotel Network Offers Exclusive World Cup Benefits

April 18, 2026 • Newsweek

Summary

Marriott International is offering special experiences for fans attending the FIFA World Cup in the U.S., Mexico, and Canada. Through its Marriott Bonvoy Moments platform, Marriott, in partnership with Visa, provides over 600 exclusive events and hotel stays linked to the tournament.

Key Facts

  • The FIFA World Cup is taking place in North America for the first time with games in multiple U.S. cities, Mexico, and Canada.
  • Marriott is using its large hotel network to offer unique experiences, including over 600 activities that fans can book.
  • Marriott partners with Visa to deliver these experiences through its loyalty program called Marriott Bonvoy Moments.
  • Some special offerings include fixed-price events, auctions, point-based "drops," and rare opportunities like an overnight stay in a stadium suite.
  • Host cities include Atlanta, Boston, Dallas, Houston, Kansas City, Los Angeles, Miami, Philadelphia, San Francisco, Seattle, Guadalajara, Mexico City, Monterrey, Toronto, and Vancouver.
  • Local Marriott hotels will hold additional fan events and activities during the tournament.
  • Room rates in some cities have dropped by up to 30% compared to earlier peaks this year.
  • Experts suggest the decrease in hotel prices may be linked to travel difficulties, economic issues, and political tensions affecting U.S. travel policies.
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Newsweek
Business leaders are done picking sides, and the two parties should be worried

Business leaders are done picking sides, and the two parties should be worried

April 18, 2026 • The Hill

Summary

Leaders on Wall Street are encouraging Americans to consider independent political options. They believe the current two-party system is not working well and could harm the economy.

Key Facts

  • Wall Street leaders are speaking out about the political system.
  • They think the two main political parties are unable to govern effectively.
  • There is concern that this political failure could weaken the financial system.
  • These leaders suggest looking beyond the two-party system for solutions.
  • The message is aimed at protecting economic stability and order.
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The Hill
HiPP recalls jarred baby food in Austria over contamination fears

HiPP recalls jarred baby food in Austria over contamination fears

April 18, 2026 • BBC World

Summary

HiPP has recalled all its jarred baby food purées sold in Spar supermarkets across Austria because of concerns one flavor may have been tampered with. Police are investigating and customers can return the products for a full refund. The recall does not affect HiPP products sold outside Austria.

Key Facts

  • HiPP recalled all jarred baby food purées sold in over 1,500 Spar stores in Austria.
  • The recall was due to fears that the carrot and potato baby food jars might have been tampered with.
  • HiPP said eating the potentially tampered jars could be life-threatening.
  • Only jars sold in Spar, Eurospar, Interspar, and Maximarkt stores in Austria are affected.
  • Affected jars can be identified by a white sticker with a red circle on the base.
  • Customers can return the recalled products for a full refund.
  • Police in Austria’s Burgenland region are asking the public for information about the issue.
  • Baby food sold by HiPP in other countries and other shops in Austria are not affected.
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BBC World
The Sphere in Las Vegas is only the first. Where are they opening next?

The Sphere in Las Vegas is only the first. Where are they opening next?

April 18, 2026 • The Hill

Summary

The Sphere in Las Vegas is a new round-shaped entertainment venue. The company behind it plans to open more similar venues in other locations.

Key Facts

  • The Sphere in Las Vegas is the first venue of its kind.
  • It has a round, bulbous shape.
  • The operators want to build more venues like this.
  • These venues are designed for entertainment purposes.
  • The company is expanding this concept to other places.
  • The Sphere aims to offer a unique experience compared to traditional venues.
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The Hill
Tokyo Record Bar combines meals with music

Tokyo Record Bar combines meals with music

April 18, 2026 • CBS News

Summary

Tokyo Record Bar is a small restaurant in New York City's Greenwich Village. It offers a fixed-price meal where customers can pick the music they want to hear while dining.

Key Facts

  • Tokyo Record Bar is located in Greenwich Village, New York City.
  • The area is known for famous jazz bars like The Blue Note.
  • The restaurant serves a prix-fixe menu, meaning a set meal for a fixed price.
  • Diners have the option to choose the music during their meal.
  • The restaurant combines food with a personalized music experience to attract customers.
  • The business aims to provide a unique dining atmosphere mixing meals and music.
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CBS News
Los Angeles judge clears way for civil trial against Baldwin in ‘Rust’ case

Los Angeles judge clears way for civil trial against Baldwin in ‘Rust’ case

April 18, 2026 • The Hill

Summary

A judge in Los Angeles has allowed a civil trial to move forward against actor Alec Baldwin regarding a fatal shooting on the set of the movie "Rust" in 2021. The judge rejected Baldwin and other producers' requests to dismiss the lawsuit filed by a crew member.

Key Facts

  • The lawsuit relates to a deadly shooting that occurred during filming of the movie "Rust" in 2021.
  • Alec Baldwin is one of the defendants in the civil case.
  • The legal fight involves a lawsuit brought by the gaffer, a chief lighting technician on the set.
  • Los Angeles Superior Court Judge Maurice Leiter ruled against dismissing the lawsuit.
  • Baldwin and other producers had asked the court to throw out the case, but the judge did not agree.
  • The decision allows the civil trial to proceed in court.
  • This case is separate from any criminal investigations or charges related to the incident.
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The Hill
USPS Unveils New Stamps: What To Know

USPS Unveils New Stamps: What To Know

April 18, 2026 • Newsweek

Summary

The U.S. Postal Service (USPS) will release new stamps on May 14 that feature the Bald Eagle, America’s national bird. These new stamps show the eagle at different life stages and are designed with original paintings by a well-known bird expert.

Key Facts

  • The new Bald Eagle stamps will be issued on May 14 as forever stamps.
  • They feature five realistic images showing the eagle from hatchling to adult.
  • The Bald Eagle was officially named the national bird of the U.S. in 2024.
  • The bird has been on U.S. stamps since 1869.
  • The stamp designs were created by USPS art director Derry Noyes using paintings by ornithologist David Allen Sibley.
  • Stamps will be sold in panes of 20 and available at post offices, the USPS online store, and Amazon.
  • The Bald Eagle’s population has recovered thanks to conservation efforts.
  • The USPS plans to release more new stamps in 2026 for the U.S. 250th anniversary.
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Newsweek