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The Actual News

Just the Facts, from multiple news sources.

Business News

Business news, market updates, and economic developments

Four Signs Your Coworkers Have No Life Outside of Work

Four Signs Your Coworkers Have No Life Outside of Work

Summary

A woman named Sara Lindquist from Minnesota shared insights on spotting coworkers who focus too much on their jobs and neglect personal lives. She became known for a TikTok video explaining four signs of this behavior, which went viral. These behaviors often lead to burnout and loss of personal identity, especially in certain high-demand professions.

Key Facts

  • Sara Lindquist is a career-wellness coach who talks about work-life balance.
  • She highlighted four signs that a coworker may not have a life outside of work.
  • These signs include making work their entire personality, taking work personally, avoiding rest, and lacking identity beyond their job.
  • This behavior is called "career enmeshment," where job performance affects self-worth.
  • Lindquist believes some professions, like law and tech, show these patterns more due to their high-pressure environments.
  • The video she posted gained over 1.7 million views and sparked widespread online discussions.
  • Lindquist advises setting healthy boundaries and valuing one’s identity outside of work to avoid these issues.

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Wendy's Set To Close Hundreds of US Restaurants: What We Know

Wendy's Set To Close Hundreds of US Restaurants: What We Know

Summary

Wendy's plans to close between 200 and 350 restaurants in the U.S. by 2026. The company will focus on closing locations that are not performing well. The goal is to help boost sales and profits for remaining restaurants.

Key Facts

  • Wendy's will close hundreds of restaurants in the U.S.
  • The company has about 6,000 locations nationwide.
  • Between 200 and 350 restaurants will shut down.
  • Closures will target locations that are not making enough money.
  • The plan aims to increase sales and profits at other, better-performing restaurants.
  • Closures will start this year and continue through 2026.
  • Specific locations set for closure were not disclosed.
  • Wendy's previously closed 140 restaurants in 2024.

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Deodorant is Getting More Expensive

Deodorant is Getting More Expensive

Summary

Deodorant prices are rising, which has caught the attention of many people online. Factors contributing to the increase include tariffs introduced by President Donald Trump and the overall cost of living pressures caused by inflation.

Key Facts

  • Deodorant prices are increasing, sparking online discussions.
  • President Trump announced new tariffs, raising the cost of many goods, including deodorant.
  • The Consumer Price Index, a measure of inflation, increased by 0.1 percent in September.
  • The U.S. annual inflation rate is at 3 percent, above the Federal Reserve's 2 percent target.
  • In August, Trump expanded tariffs on imported steel and aluminum to cover 400 more product categories.
  • High price margins in beauty products may also contribute to deodorant price increases.
  • Professor Jagmohan Raju noted that price increases might be due to manufacturers and retailers taking advantage of the situation.
  • There are discussions on social media about the rising costs of everyday items like deodorant.

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National Fried Chicken Sandwich Day: List of Restaurant Deals

National Fried Chicken Sandwich Day: List of Restaurant Deals

Summary

Various fast-food chains in the U.S. are offering deals for National Fried Chicken Sandwich Day. This unofficial holiday falls on November 9, and restaurants like Burger King, KFC, and Popeyes have special offers for customers, typically requiring a purchase and membership in their rewards programs.

Key Facts

  • National Fried Chicken Sandwich Day is on November 9.
  • Burger King offers a free Royal Crispy Chicken Sandwich with a $5 purchase for Royal Perks members on November 9.
  • Carl’s Jr. gives a free chicken sandwich with a $1 purchase the same day.
  • Jollibee provides buy-one-get-one-free chicken sandwiches for Jollibee Rewards members.
  • KFC offers a free chicken sandwich with any $1+ purchase from November 7-9 for KFC Rewards Members.
  • McDonald's sells $2 McCrispy Sandwiches on November 9 at certain locations.
  • Popeyes has a free chicken sandwich offer with a $10 purchase available until November 9 for rewards members.
  • Shake Shack offers a free Chicken Shack with a $10 purchase on any Sunday through their app or website.

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India is world’s second-largest shrimp producer. That is now under threat

India is world’s second-largest shrimp producer. That is now under threat

Summary

Shrimp farmers in India are facing challenges due to high tariffs imposed by the United States, affecting shrimp prices and profitability. India, as the second-largest shrimp producer globally, relies heavily on the U.S. market but fears losing it due to these tariffs. Farmers are taking risks by growing extra shrimp crops, which increases the chance of disease and financial loss.

Key Facts

  • India is the world's second-largest shrimp producer, after Ecuador.
  • The U.S. is a major market for Indian shrimp, taking 48% of its shrimp exports.
  • U.S. tariffs on Indian shrimp include duties totaling 58.26%.
  • Shrimp prices have fallen from 300 rupees to 230 rupees per kilogram.
  • The cost to produce shrimp remains high at 275 rupees per kilogram, resulting in losses.
  • Shrimp farming in India employs around 10 million people.
  • Farmers have expressed concerns about ongoing losses and potential market exit.
  • Importation of brood stock from the U.S. sometimes results in low-quality seeds that lead to disease.

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Shoppers are turning to Shein - but some still can't leave Primark

Shoppers are turning to Shein - but some still can't leave Primark

Summary

In the UK, Primark's sales have dropped as online retailers like Shein and Vinted attract more shoppers with lower prices and home delivery. While Primark remains popular for basic items, some customers prefer the convenience and affordability of online shopping. The trend shows changing consumer behavior towards fast fashion and online marketplaces.

Key Facts

  • Primark's UK and Ireland sales fell by 3.1% due to a weak consumer environment.
  • Online platforms like Shein and Vinted offer lower prices and home delivery, appealing to younger shoppers.
  • Shein uses artificial intelligence (AI) to identify trends and launch new styles quickly.
  • Some shoppers still visit Primark for basics like socks, T-shirts, and cotton buds.
  • Primark states that 85% of its products are priced at £10 or less.
  • A survey found that 46% of UK women aged 16 to 34 bought from Shein in the past year.
  • Shein has opened pop-up shops in London and a permanent store in Paris to bolster its presence.
  • Some shoppers are concerned about fast fashion's environmental impact.

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Trump calls for probe of meat packers over beef prices

Trump calls for probe of meat packers over beef prices

Summary

President Donald Trump has called on the Justice Department to investigate meat-packing companies over concerns that they might be keeping beef prices high in the United States. He believes these companies might be involved in activities like price fixing, which is making beef expensive for consumers. Trump's focus on beef prices follows political challenges related to voters' worries about the cost of living and his handling of the economy.

Key Facts

  • President Trump asked for an investigation into meat-packing companies to see if they are keeping beef prices high.
  • He suspects activities such as illicit collusion and price manipulation might be involved.
  • Beef prices have been rising faster than general food inflation, with mince and steak prices significantly up from last year.
  • The declining cattle inventory due to droughts and reduced herd sizes is impacting supply.
  • Few large companies dominate the meat processing industry, with four firms controlling over 80% of the market.
  • There have been lawsuits against these companies, alleging they conspired to raise beef prices.
  • The Biden administration had previously ordered actions against corporate consolidation in the food sector, which Trump later revoked.

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Tesla plans to pay Musk $1tn - do they really need him that much?

Tesla plans to pay Musk $1tn - do they really need him that much?

Summary

Tesla's shareholders have approved a pay plan for Elon Musk worth up to $1 trillion, contingent on meeting specific goals over the next decade. Musk will not receive a regular salary and must accomplish ambitious targets, including significantly increasing Tesla's market value and producing numerous vehicles and robots.

Key Facts

  • Tesla shareholders agreed to a pay package for Elon Musk worth up to $1 trillion.
  • Musk will not get a salary but can earn this amount if he meets certain goals over 10 years.
  • Key targets include delivering 20 million cars and one million robots, as well as raising Tesla's market value from $1.4 trillion to $8.5 trillion.
  • The deal aims to ensure Musk stays with Tesla due to the critical role he plays in the company’s future.
  • Some Tesla shareholders and analysts believe Musk’s leadership is crucial to Tesla’s success and market value.
  • Musk’s package has drawn mixed reactions due to his political involvement, but investors see it as a small impact on Tesla's earnings.
  • There is no restriction in the agreement on Musk's political activities or public statements.
  • The board may have the flexibility to adjust targets if certain challenges arise.

Source Verification

With government jobs report delayed, what other data reveals about the economy

With government jobs report delayed, what other data reveals about the economy

Summary

A private report shows 42,000 new jobs were created last month, while another report states over 150,000 jobs were cut in October. There is discussion about whether the government’s job measurement methods are still effective.

Key Facts

  • A private report found 42,000 new jobs were created in the past month.
  • Another report indicates over 150,000 jobs were cut in October.
  • The number of job cuts in October is the highest in over 20 years.
  • Discussion exists on whether government job measurement methods are outdated.
  • The labor market data from the government is currently delayed.
  • Analysts are reviewing both official and private job reports to understand the economy better.

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What does Elon Musk do with all his money?

What does Elon Musk do with all his money?

Summary

Elon Musk, known for his significant wealth, leads a relatively modest personal life despite his net worth. He previously owned several expensive homes but sold them to focus on his work, especially related to Mars and Earth. Musk enjoys unique cars and owns a valuable private jet collection.

Key Facts

  • Elon Musk's net worth surpassed $500 billion, making him the first to reach this amount.
  • Musk claims to live a simple life, staying in a $50,000 Texas home when not staying with friends.
  • He sold a multimillion-dollar real estate portfolio in Bel-Air, California, in 2020.
  • He famously bought Twitter for $44 billion in 2022.
  • Musk has a collection of unique cars and private jets worth millions.
  • He insists on focusing on his work with Mars and Earth, saying possessions weigh him down.
  • Musk re-acquired the historic Gene Wilder house in 2025 after selling it previously.

Source Verification

Honda profits tumble as Trump tariffs weigh on the carmaker

Honda profits tumble as Trump tariffs weigh on the carmaker

Summary

Honda reported a 37% drop in profits for the first half of the fiscal year due to factors such as tariffs imposed by President Trump and unfavorable currency exchange rates. Although the company saw record sales in motorcycles, especially in Asia, it faced challenges from a global chip shortage, impacting vehicle production in North America and Mexico. Honda adjusted its profit expectations for the fiscal year, lowering it significantly compared to the previous year.

Key Facts

  • Honda's profit fell by 37% for the first half of the fiscal year through September.
  • The reported profit was 311.8 billion yen ($2 billion), down from 494.6 billion yen ($3.2 billion) the previous year.
  • Sales totaled 10.6 trillion yen ($69 billion), a decrease of 1.5% from the previous year.
  • Honda lowered its profit forecast for the fiscal year to 300 billion yen ($2 billion).
  • Tariffs led by President Trump resulted in a 164 billion yen ($1.1 billion) decline in operating profit.
  • Record motorcycle sales were achieved in Asia, with over nine million units sold.
  • Global vehicle sales at Honda were 1.68 million, down from 1.78 million the previous year.
  • Production was impacted by a chip shortage due to issues with Dutch-based company Nexperia, affecting North American and Mexican operations.

Source Verification

The savings account offering 50% interest - with a catch

The savings account offering 50% interest - with a catch

Summary

A savings account is being advertised with an unusually high interest rate of 50%, but there is a condition involved. The details of this savings option are available on a BBC Sounds episode.

Key Facts

  • A savings account is promoting an interest rate of 50%.
  • There is a catch or condition linked to this high interest rate.
  • More information about this savings account can be found in a BBC Sounds episode.
  • The article discusses personal finance matters.
  • The program was featured on BBC Sounds 14 minutes ago.

Source Verification

UnitedHealthcare, Fairview Health Disagree Over Rates Amid Contract Talks

UnitedHealthcare, Fairview Health Disagree Over Rates Amid Contract Talks

Summary

UnitedHealthcare and Minnesota’s Fairview Health are in talks over contract terms for commercial policyholders. The discussions involve issues like rate changes and administrative practices, which could impact over 125,000 commercial patients if no agreement is reached. Medicare Advantage plans will stay in-network after a separate deal was made.

Key Facts

  • UnitedHealthcare and Fairview Health are negotiating a new contract for commercial insurance plans.
  • Fairview Health operates 10 hospitals, including the University of Minnesota Medical Center.
  • Over 125,000 commercial patients could be affected if a new agreement isn't reached by the end of the year.
  • Fairview wants rate increases to cover rising costs due to inflation, labor shortages, and the pandemic.
  • Without a deal, Fairview will be out-of-network for UnitedHealthcare’s commercial plans starting January 1, 2026.
  • Medicare Advantage plans remain in-network after a one-year agreement.
  • UnitedHealthcare claims Fairview's proposed rate hike would greatly increase costs for local employers.
  • UnitedHealthcare alleges Fairview uses false information in negotiations, similar to previous Medicare Advantage talks.

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Elon Musk is in line for a $1 trillion pay package - but what does that look like?

Elon Musk is in line for a $1 trillion pay package - but what does that look like?

Summary

Tesla CEO Elon Musk has been approved for a potential pay package worth $1 trillion. This amount is dependent on meeting specific goals set for the company.

Key Facts

  • Elon Musk is the CEO of Tesla, a company that makes electric cars and other energy products.
  • A pay package worth $1 trillion has been approved for him.
  • Musk's compensation depends on hitting specific company performance targets.
  • The amount is very large, and its scale is hard to comprehend.
  • The article includes a quiz to help readers understand what a trillion looks like.

Source Verification

What’s in Elon Musk’s bumper $878bn pay package?

What’s in Elon Musk’s bumper $878bn pay package?

Summary

Elon Musk could receive up to $878 billion over the next decade if he meets specific performance goals at Tesla. These goals include boosting vehicle production and increasing the company's market value. Musk's payment plan ties him to Tesla for the next 10 years and has already been approved by a significant majority of shareholders.

Key Facts

  • Elon Musk's potential pay package is worth up to $878 billion, contingent on hitting performance targets.
  • The plan was approved by more than 75% of Tesla shareholders at a meeting.
  • Musk's targets include producing 20 million vehicles in 10 years and launching 1 million robotaxis.
  • Other goals include Tesla's market value increasing up to $8.5 trillion by 2035.
  • Musk is required to maintain Tesla's market valuation and accomplish several operational milestones to receive this payment.
  • Tesla shares rose by 2% after the announcement, with a 62% increase over six months.
  • The board believes this payment plan is crucial to keep Musk at Tesla and further develop technologies like AI.

Source Verification

Leaked Disney Memo is Bad News for YouTube TV Customers

Leaked Disney Memo is Bad News for YouTube TV Customers

Summary

A memo from Disney executives reveals an ongoing disagreement between Disney and YouTube TV over a new deal for Disney's channels like ABC and ESPN. Due to this standoff, YouTube TV customers have not been able to watch certain sports events on these channels. YouTube TV promised a $20 credit for extended unavailability of Disney content.

Key Facts

  • Disney and YouTube TV are in a disagreement over a new deal for channel rights.
  • The dispute affects channels such as ABC and ESPN, owned by Disney.
  • Due to the conflict, YouTube TV customers missed recent high-profile sports games.
  • Disney executives sent a memo addressing the issue, noting no current resolution.
  • The memo indicated that a deal is not expected soon, affecting upcoming sports events.
  • YouTube TV offered a $20 credit to customers if Disney's channels remain unavailable for a long time.

Source Verification

How College Degree Level Earnings Compare, Even With Student Debt: Report

How College Degree Level Earnings Compare, Even With Student Debt: Report

Summary

A report from the Brookings Institution shows that people with college degrees usually earn more than those without, even after paying off student loans. Degree holders earn about $8,000 more per year, even after loan payments. The real return on investment varies by the type and level of degree.

Key Facts

  • College graduates earn roughly $10,400 more per year than non-graduates, dropping to $8,000 more when considering student loan payments.
  • Over 42 million Americans have student loan debt, totaling about $1.7 trillion.
  • College graduates spend about 23% of their additional earnings on student loans.
  • Associate degree holders spend 9% on loans, bachelor's degree holders 19%, and master's degree holders 57%.
  • STEM (Science, Technology, Engineering, and Mathematics) majors generally see a higher return on investment, even with higher upfront debt.
  • Trades and two-year programs offer good income-to-debt ratios, sometimes being better financial decisions than master's degrees.
  • Evaluating debt-to-earnings ratios over time is crucial, as initial loan burdens may decrease relative to income in the long run.

Source Verification

Rightmove shares plummet over AI investment plans

Rightmove shares plummet over AI investment plans

Summary

Rightmove's shares dropped sharply after the company announced plans to spend more on artificial intelligence (AI). The company aims to invest £60 million over three years in AI, but investors reacted negatively, causing shares to fall by as much as 28% before recovering slightly.

Key Facts

  • Rightmove is a property listing website.
  • The company plans to invest £60 million in artificial intelligence over the next three years.
  • Rightmove reduced its profit growth forecasts due to this investment.
  • Shares fell by more than 28% initially, then rose to stand 13% lower.
  • The CEO, Johan Svanstrom, stated AI will be central to the company's future.
  • Rightmove aims for 10% annual revenue growth by 2030.
  • Projected operating profit growth for 2026 is 3% to 5%, down from this year's 9%.
  • The company expects profit growth to improve after 2028.

Source Verification

JPMorgan CEO Predicts New Type of Working Week

JPMorgan CEO Predicts New Type of Working Week

Summary

JPMorgan Chase CEO Jamie Dimon predicts that artificial intelligence (AI) will likely reduce work weeks in developed countries to three and a half days within the next few decades. He believes AI will boost productivity, but it will also cause job losses, requiring strategies for worker retraining. Dimon urges businesses to adopt AI to enhance productivity and adapt to technological changes.

Key Facts

  • Jamie Dimon is the CEO of JPMorgan Chase.
  • Dimon forecasts that AI will shorten work weeks to three and a half days in developed countries in the coming decades.
  • He says AI will increase productivity by automating routine tasks, leading to shorter work hours.
  • Dimon acknowledges AI will cause job losses but likens the change to past technological advancements like tractors and cars.
  • Under Dimon, JPMorgan uses AI widely, with 150,000 employees using AI tools and 2,000 dedicated to developing them.
  • Dimon claims AI has saved or generated $2-2.5 billion for JPMorgan Chase.
  • He encourages businesses to integrate AI to improve management and productivity.
  • Other industry leaders like Bill Gates and Eric Yuan have also expressed optimism about AI's role in reducing work weeks.

Source Verification

Michigan Nurses Union Votes to Strike After Contract Talks Fail Last Month

Michigan Nurses Union Votes to Strike After Contract Talks Fail Last Month

Summary

Nurses at Aspirus Ironwood Hospital in Michigan voted to strike after contract talks with the hospital failed. The nurses, represented by the Michigan Nurses Association, are protesting what they describe as unfair labor practices by the hospital. Aspirus Health argues that its proposed wage structure would provide better pay and flexibility.

Key Facts

  • Nurses at Aspirus Ironwood Hospital in Michigan have voted to go on strike.
  • The strike is due to failed contract negotiations and alleged unfair labor practices.
  • The Michigan Nurses Association wants a contract that supports nurse recruitment and retention.
  • Aspirus Health operates 18 hospitals and 130 outpatient centers throughout the region.
  • The hospital proposed a market-based wage system, but the union prefers the current structure.
  • Aspirus plans to close its labor and delivery unit, requiring women to travel further for care.
  • Nurses and Aspirus have been in contract talks since May 2025, with no current bargaining dates set.

Source Verification