Meghan Markle's business, As Ever, has ended its partnership with Netflix after a year. Although the separation was presented as mutual, it's unclear what the financial terms were. Meghan aims to expand her business independently.
Key Facts
Meghan Markle's lifestyle business, As Ever, has ended its partnership with Netflix.
The separation from Netflix was described as friendly, though specific details are unknown.
Meghan originally praised the partnership with Netflix as significant.
As Ever plans to continue growing without Netflix's support.
Meghan and Prince Harry still maintain a first-look deal with Netflix for TV shows.
Meghan's previous partnership with Spotify ended after producing one podcast series.
The Sun reported that this split allows Meghan to have full control of her company and go global.
Oil prices have gone over $100 a barrel due to a new conflict involving the United States, Israel, and Iran. This is affecting global oil supply, as a lot of oil goes through a narrow waterway called the Strait of Hormuz. The reduced flow of oil is causing supply chain issues, which may lead to higher costs for goods, including food.
Key Facts
Oil prices have reached over $100 a barrel after the U.S. and Israel started a conflict with Iran.
The Strait of Hormuz is a critical route for oil, with about 20 million barrels passing through it daily.
Attacks and navigation issues have slowed down traffic in the Strait of Hormuz.
The restricted oil flow is causing disruptions in global supply chains.
Most oil going through the strait is sent to Asian markets like China and India.
Alternative routes for oil are limited and cannot fully replace the main route through the Strait of Hormuz.
The highest recorded oil price was $147.50 per barrel on July 11, 2008.
Volkswagen plans to cut 50,000 jobs in Germany by 2030 as profits have fallen to their lowest level since 2016. The company faces challenges from U.S. tariffs, competition from China, and the shift to electric vehicles. Volkswagen aims to recover by reducing costs and has already agreed with unions to implement the job cuts thoughtfully.
Key Facts
Volkswagen will cut 50,000 jobs in Germany by 2030.
The job cuts will affect the entire Volkswagen Group, including Audi and Porsche.
Profits dropped about 44% in 2025, reaching the lowest level since 2016.
U.S. import tariffs and competition from China have impacted sales.
The company plans to save €15 billion by cutting jobs "socially responsibly."
Volkswagen's net profit after tax fell from €12.4 billion to €6.9 billion last year.
The company predicts a core profit margin of 4% to 5.5% in 2026.
Volkswagen's finance chief stresses the need to cut costs further.
Luxury travelers enjoy spa experiences at resorts, and now they can bring that spa-like atmosphere into their homes. This trend involves using design elements like colors, materials, and fixtures inspired by nature and modern spa designs. Designers are creating products that help homeowners achieve this relaxing environment.
Key Facts
Spas are a key part of luxury travel, offering a relaxing experience for guests.
Homeowners are adopting spa-like designs in their homes to replicate this relaxation.
Modern spa designs use natural colors and materials like wood and stone.
Scandinavian and European design influences are common in these trends.
Designers like those at Buster + Punch create fixtures that match these spa trends.
The design focuses on a calming combination of materials, colors, and finishes.
The trend is moving away from generic designs to more personalized and immersive spa experiences.
Mattel, the toy company known for Barbie dolls, is working on creating a supportive workplace culture. The company is recognized for being family-friendly and promoting opportunities for women, making it one of America's Greatest Workplaces for Women in 2026. Mattel supports its employees with benefits like flexible schedules and on-site childcare.
Key Facts
Mattel is known for popular toy brands like Barbie, Hot Wheels, and Fisher-Price.
Jamie Cygielman, Head of Dolls at Mattel, emphasizes imagination and storytelling in Barbie's history.
Mattel is on Newsweek’s list of America’s Greatest Workplaces for Women for 2026.
The ranking involved a survey of over 89,000 female employees in the U.S.
Mattel offers benefits such as unlimited paid time off, flexible schedules, and on-site childcare.
The company promotes a culture based on collaboration, innovation, and execution.
Mattel provides programs like student loan forgiveness and adoption assistance.
Employee Resource Groups and mentorship opportunities are available for staff development.
Uber has started offering a new feature in the U.S. that allows female drivers and passengers to connect with each other exclusively. This move comes amid a lawsuit claiming the feature discriminates against male drivers. Uber aims to enhance safety and meet users' demands for more riding and earning control.
Key Facts
Uber's new feature lets women drivers and passengers choose to ride only with other women.
The feature was tested last year and reportedly made women feel safer and more confident.
A lawsuit in California claims the feature discriminates against male drivers.
About 20% of Uber's U.S. drivers are women, though this varies by city.
The feature is available to female drivers and riders, as well as parents and teens in certain cities.
Uber argues the feature supports public safety and does not violate California's Unruh Act.
Uber faces a separate lawsuit requiring them to pay $8.5 million to a woman assaulted by a driver.
The feature is already available in more than 40 countries and seven countries for riders.
Oil prices reached over $100 a barrel due to tensions involving the Strait of Hormuz but dropped after President Donald Trump downplayed the situation. The price changes caused financial shifts in the oil market and affected key figures and companies in the industry.
Key Facts
Oil prices exceeded $100 a barrel in Asian markets due to the closure of the Strait of Hormuz.
Prices increased to over $119 in New York when markets opened the next day.
President Trump called the situation "very complete, pretty much," causing oil prices to drop nearly $30.
Iran signaled readiness for a prolonged conflict, maintaining pressure on markets.
Oil prices settled around $90 a barrel after President Trump's comments.
Venezuela's oil position became pivotal due to the blocked Strait of Hormuz.
U.S. LNG exporters benefited as others, like Qatar, faced disruptions.
Southwest Airlines faced challenges after ending its fuel hedging program, which previously saved costs during high oil price periods.
A survey by consultancy KPMG found that fewer than 10% of CEOs of large U.S. companies plan to cut jobs due to AI by 2026. Instead, over half of the CEOs expect to hire more employees because of AI, though they face challenges in integrating AI into their businesses. Many CEOs are also worried about AI-related cybersecurity threats.
Key Facts
The survey is called the KPMG U.S. CEO Outlook Pulse Survey.
It found that only 9% of CEOs plan to cut jobs because of AI by 2026.
55% of CEOs expect to increase hiring due to AI.
36% of CEOs see no change in employment plans because of AI.
Many CEOs find integrating AI into current systems slow and difficult.
90% of CEOs are concerned about AI-powered cyberattacks like malware and phishing.
Nearly 60% are worried about future quantum computing attacks on data security.
The survey included 100 U.S. CEOs from companies with over $500 million in revenue.
The article discusses how temporary spikes in oil prices, driven by geopolitical issues like conflicts, are unlikely to cause a long-term move away from oil. Despite high prices possibly increasing interest in electric cars or renewable energy, these changes typically require stable and long-term shifts in both policy and market conditions. The article highlights that temporary price changes don't create lasting effects, especially in the U.S.
Key Facts
Oil prices recently spiked due to the Iran conflict, exceeding $100 a barrel.
President Trump indicated a desire to quickly resolve the conflict, which temporarily lowered prices.
Long-term shifts from oil to alternatives like electric vehicles need stable, high prices and consistent policies.
Oil is mainly used in transportation and is priced globally, affecting U.S. gasoline costs regardless of domestic production.
U.S. natural gas prices are more regional and less affected by global oil price changes.
The U.S. economy is currently less dependent on oil than it was in past decades, reducing the impact of price spikes.
Europe's move away from Russian gas after the Ukraine conflict represents a significant energy market shift.
Consumer interest in electric cars usually rises with high gasoline prices but is influenced by broader economic conditions.
The conflict between the United States and Iran has caused significant disruptions in global fertilizer supply, affecting American farmers. Fertilizer prices have surged, making it difficult for farmers to buy what they need, and diesel fuel costs have also increased, adding financial pressure. The situation follows other challenges like tariffs and economic difficulties, further impacting farmers' livelihoods.
Key Facts
The U.S. and Israel's strikes on Iran have disrupted maritime traffic in the Strait of Hormuz.
This waterway is important because it moves significant amounts of oil and nitrogen fertilizer worldwide.
Fertilizer prices have risen sharply, with urea prices jumping from $475 to $683 per ton.
Iran and Qatar, key suppliers of nitrogen fertilizer, have faced disruptions affecting global supply.
Diesel prices have increased to a national average of $4.60 a gallon, adding to farmers' costs.
Farmers are also dealing with previous impacts from tariffs and increased seed costs.
There are concerns over farm bankruptcies, which have increased by 46% compared to the previous year.
China's exports increased by over 20% in the first two months of the year, despite U.S. tariffs imposed by President Trump. This strong export performance is largely due to rising demand for electronics and trade with European and ASEAN countries.
Key Facts
China's exports rose by more than 20% in January and February.
This growth is nearly three times what economists predicted.
President Trump plans to visit China in early April to meet with President Xi Jinping.
Strong demand for electronics helped boost China's exports.
Exports to European countries increased by 27.8%.
Exports to ASEAN countries rose by nearly 30%.
Exports to the United States fell by more than 10% due to U.S. tariffs.
China set a lower economic growth target of 4.5%-5% for the year.
Oil prices dropped after President Donald Trump warned Iran not to block the Strait of Hormuz, a vital shipping route for global oil supplies. President Trump stated that Iran would face a strong response if it interfered with oil flow, and suggested the conflict might be brief, easing some market concerns.
Key Facts
Oil prices saw a sharp decline with Brent crude dropping 10% to $88.92.
Nymex Light Sweet crude was down 10.2% to $85.08.
President Trump warned Iran on social media against blocking the Strait of Hormuz.
The Strait of Hormuz is important because about 20% of the world's oil passes through it.
Oil prices had spiked earlier due to fears of prolonged supply disruptions from the U.S.-Israeli conflict with Iran.
Regional stock markets gained as worries about the economic impact of the conflict eased.
Japan's Nikkei 225 rose 3.3%, Hong Kong's Hang Seng went up 1.7%, and South Korea's Kospi increased 6.2%.
Oil prices remain over 20% higher compared to before U.S. and Israeli airstrikes on Iran began.
Pixar's new film "Hoppers" opened with $45.3 million in its first three days, marking a strong debut after some recent struggles. "Scream 7" also performed well, while "The Bride!" had a disappointing start. Other films like "GOAT" and "Wuthering Heights" continued to do well at the box office.
Key Facts
"Hoppers," a new film from Pixar, earned $45.3 million in its first weekend.
The film "Hoppers" also made $87.3 million from global markets.
"Inside Out 2," released in 2024, was Pixar's last big hit before "Hoppers".
"Scream 7" earned $17 million in its second weekend, dropping 73% from its first weekend but still performing well overall.
"Scream 7" has a total of $149 million worldwide earnings after 10 days.
"The Bride!" opened with $7 million domestically and $13.5 million globally, struggling against its $90 million budget.
"GOAT" and "Wuthering Heights" have earned $146 million and $213 million worldwide, respectively.
"Crime 101" brought in $33.6 million domestically and $65 million globally.
A couple moved out of their Nebraska rental apartment after nearly seven years and faced a dispute with their landlord. The landlord asked them to pay for replacing a glass stovetop, but the renters thought this was unreasonable for an appliance used for such a long time. The situation sparked debate about tenant responsibilities for appliance wear in rental properties.
Key Facts
A couple moved out of a Nebraska rental apartment after nearly seven years.
The landlord asked them to pay for a new glass stovetop.
The tenant shared the story on Reddit, prompting 2,400 responses.
Disagreements arose about whether the stovetop's condition was normal wear or neglect.
Generally, landlords must maintain appliances for ordinary aging issues.
Tenants may be responsible if damage is more than normal wear.
The couple is negotiating with the landlord about the charge and seeking older photos of the stove.
Newsweek attempted to verify the story by contacting the tenant.
Target plans to overhaul its stores with a $2 billion investment to attract more shoppers. The strategy includes updating store layouts, expanding product choices, and improving customer experiences. However, some online commentators doubt whether these changes will solve the company's challenges.
Key Facts
Target is investing over $2 billion to improve its stores.
The plan includes remodeling over 130 existing stores and opening more than 30 new locations.
Target aims to update store layouts and introduce more products in categories like wellness, beauty, and food.
The company seeks to improve customer experience through better technology and staff training.
Target faces competition from major retailers like Walmart and Amazon.
Some customers are boycotting Target due to the rollback of diversity and inclusion programs.
The company struggles with broader economic trends affecting its performance.
The article discusses how rising petrol prices in the U.S. are affecting people due to a conflict in Iran that has reduced oil exports from the Gulf. This situation has led to higher fuel prices globally, impacting financial markets and causing concerns about its effect on the economy. The report includes insights from Americans in New York about how the price hike affects them.
Key Facts
A conflict in Iran is blocking oil exports from the Gulf region.
Oil producers are cutting output, leading to a decrease in supply.
Petrol prices are increasing worldwide as a result.
Higher petrol prices are affecting financial markets.
Americans are feeling the impact with rising prices at petrol stations.
The report features opinions from New Yorkers on this economic issue.
A shopper bought a can of soda at a grocery store and found an unexpected $1 tip added to her receipt, even though she selected no tip at checkout. According to the store, the tip is automatically applied to every purchase and can only be removed if the customer contacts the store. This incident highlights a wider concern about new tipping practices in everyday transactions.
Key Facts
A shopper noticed a $1 tip added to her receipt after buying a $1.50 can of soda.
She chose the no-tip option during checkout, but the fee appeared anyway.
The store told her the $1 tip is automatically added and can be removed if the customer contacts them directly.
Some Reddit users noted this practice might conflict with the terms of some payment processors, like Square.
The situation mirrors a broader trend of tipping prompts showing up in retail settings where tips are not usually expected.
Rising costs of dining add to consumer frustration with unexpected fees and gratuities.
Newsweek reported similar reactions to other instances where tips are added automatically.
Increasing prices have made consumers more sensitive to extra charges during transactions.
A traveler shared an experience on Reddit about an incident at a Southwest Airlines gate where a passenger with popcorn faced confrontation over carry-on rules, eventually leaving in tears. The incident raised questions about Southwest's boarding process and customer service, with other travelers sharing similar stories. Southwest Airlines has not commented on the specific incident.
Key Facts
A passenger carrying popcorn faced issues boarding a Southwest Airlines flight from New York to Denver.
Southwest gate agents reportedly considered the popcorn as a third carry-on item.
The incident delayed the boarding process by about 30 minutes.
Travelers discussed similar experiences with Southwest on Reddit.
Airlines set their own rules for carry-on items, though solid food is typically allowed in carry-on bags by federal guidelines.
The original poster indicated they would not fly Southwest again due to the experience.
Newsweek reached out to the user and Southwest Airlines for comments but was unable to verify the incident details.
The ongoing conflict involving the US and Israel in Iran has led to disruptions in oil exports from the Middle East, causing oil prices to rise sharply. This supply shock is affecting global financial markets, increasing fuel prices, and could potentially slow down economic growth worldwide. Analysts predict potential shortages and higher energy prices if the situation doesn't improve.
Key Facts
The conflict has blocked oil exports from the Gulf region, causing oil prices to rise toward $85 per barrel.
About 20% of the world's crude oil passes through the Strait of Hormuz, which is now affected by the conflict.
Countries like the US, Brazil, and Norway have limited capacity to increase oil production to make up for the shortfall.
Iraq's oil output is down by more than 60%, and Kuwait and the UAE have also reduced production.
Natural gas supply is also affected, with Qatar halting production due to military attacks.
Asia and Europe might see energy shortages soon, as reported by JP Morgan.
Some governments are considering releasing oil reserves, but experts say this might not significantly ease the crisis.
Rising energy prices, driven by oil hitting nearly $120 per barrel at times, are increasing costs for businesses and consumers globally.
Eli Lilly announced changes to Medicare coverage for certain weight-loss drugs, allowing some costs to exceed the usual $50 monthly cap. The Centers for Medicare and Medicaid Services (CMS) is implementing a new program to lower costs for these drugs, but some basic plans may not fully comply with the cap.
Key Facts
Eli Lilly says some Medicare beneficiaries might pay more than the typical $50 monthly cap for weight-loss drugs under a new federal model.
The new coverage model by CMS aims to expand and standardize coverage for GLP-1 drugs, which treat obesity and diabetes, to lower patient costs.
Most participating Medicare plans will follow the $50 out-of-pocket limit, but a few basic plans might not.
Eli Lilly plans to educate patients and doctors about options to lower out-of-pocket costs.
Lilly’s GLP-1 treatments will be available through Medicare Part D plans starting January 1, 2027.
Medicare Part D is managed by private insurers and helps cover outpatient prescription costs.
Without insurance, GLP-1 drugs can cost patients more than $1,000 per month.
