Business fact-checks
Infact's fact-checks in Business, newest first. Each links to a full verdict with a 0–100 accuracy score and cited evidence.
- 84 Porsche plans to reduce management positions by 40%, cut production personnel costs by 30%, and ask about 9,000 employees to leave. The break-even point is achievable with less than 200,000 units. The share of luxury cars will increase, and by 2030, the average price of the most expensive cars will rise from €270,000 to €330,000. Development costs for new models will be reduced by 20%.
- 54 The text recommends a crypto channel that analyzes the market and anticipates moves, offering opportunities before others.
- 87 The European automotive industry is facing production halts due to battery shortages and competition, with Stellantis suspending four factories in France.
- 74 AMD surpassed $1 trillion market cap, driven by AI accelerator momentum. The 30-year U.S. Treasury yield reached 5.63%, the highest since 2002. Crude oil prices remain near $102 per barrel due to geopolitical risks. S&P 500 earnings are projected to grow 4.2% year-over-year for Q3 2026.
- 57 The video discusses the clarity of memories over time, the role of therapists as spiritual advisors, and societal desires for freedom from personal will. It also mentions a Cornell student fired from Wells Fargo after a lawsuit.
- 91 The text questions whether Trump is building a steel mill in Iowa.
- 91 Fiverr's active buyers and revenue have significantly decreased, with a notable rise in AI-related service searches. The company has faced financial challenges, including increased net losses and fluctuating stock prices.
- 50 Volkswagen is planning strategic alignment sessions, implementing cost optimization, re-evaluating legacy frameworks, and establishing a new foundation through 2030. Arne Meiswinkel is the HR Director.
- 45 IG Metall warns of a harsh winter for Volkswagen, demanding compliance with investment obligations. A meeting is scheduled for September 30 in Hanover, focusing on fulfilling promised investments, not wage negotiations. Employees were guaranteed job security until the end of 2020 under the 2024 agreement.
- 68 Google added a 'Mic Drop' button to Gmail on April Fool's Day in 2016, which sent a Minion animation and muted email threads. It was placed next to the 'Send' button, leading to accidental mutes and corporate issues, and was removed by the afternoon.
- 88 Bosch is cutting its workforce in Nuremberg by half, adding 900 more job cuts to the previously announced 22,000. The layoffs are planned by 2029 due to the automotive industry's decline. Bosch ended the year in the red for the first time since the crisis, with growing Chinese competition. Attempts to switch to green technologies have not met expectations.
- 69 In 2006, an Australian man attempted to sell New Zealand on eBay, with the auction reaching $3,000 before being shut down for policy violations.
- 74 Wealthy individuals watch movies on release day in home theaters through the Bel Air Circuit, which costs $100k to join and $4k per month.
- 86 Lindsay Clancy is charged with murdering her three children. Dr. K, a YouTuber, is criticized for supporting her and for his business practices. Clancy had a history of psychiatric issues. A GoFundMe related to her case raised $1.7 million.
- 80 Audi and Volkswagen are recalling over 2.8 million vehicles worldwide due to a steering mechanism defect, affecting models like Audi Q3 and VW Golf. 1 million of these are in Germany.
- 90 Evonik plans to cut 3,200 jobs, with 2,150 in Germany, due to a structural and economic crisis. The company earned €200 million from the Russian market until 2022, but sales revenue in Russia fell by 97% in 2024 compared to 2023. Revenue decreased from €18.5 billion in 2022 to €15.3 billion in 2023. Evonik supported Western sanctions against Russia, including the suspension of Nord Stream.
- 88 The text discusses Mikhaila Peterson's personal life, including her marriage, separation, and interactions with Andrew Tate, as well as her father's health issues and her plans to move to the US.
- 86 Evonik is closing two facilities in Germany in 2027, affecting 90 employees. Production of silicon tetrachloride will move to Rheinfelden, and cosmetics will move from Hamburg to Essen. The company announced a reduction of 3,200 jobs, with 2,100 in Germany.
- 92 Domino's tested pizza delivery using reindeer in Japan in 2016.
- 100 IKEA is an acronym for Ingvar Kamprad Elmtaryd Agunnaryd, representing the founder's name, his farm, and hometown.
- 42 The text claims accurate prediction of over 90% of outcomes and discusses trader behavior and recent cryptocurrency market analysis.
- 91 There are coffee houses in Russia where food and drink are free, but you pay for time.
- 68 Autohaus König, a major German car dealer, has filed for bankruptcy due to large debts. The company started in 1966 and grew to 82 branches with about 1,200 employees. Revenue from 2023 to 2024 was €1.2 million, and in March 2025, turnover reached €6.8 million.
- 91 Siemens CEO Roland Busch discusses maintaining production in Germany, with AI development in the USA and enterprises in China. He highlights Germany's economic challenges, including energy costs, and emphasizes the need for regulatory resolution to enhance technology development.
- 42 KoPartner is described as India's top trusted platform for emotional wellness, offering professional companionship services.
- 85 The video discusses the complexity of the USPS logistics network, highlighting its vast operations, including the movement of 361 million pieces of mail daily, unique delivery methods like mules in Supai, Arizona, and helicopters in Alaska, and the non-public nature of zip code boundaries.
- 70 Jürgen Trittin criticizes Germany's energy and industrial policies, highlighting issues with CO₂ emissions trading, offshore wind energy, and potential technological dependence on China.
- 91 The text explains how airlines allocate seats based on ticket class, availability, and frequent flyer status, with options for passengers to choose seats during booking or check-in, sometimes for an extra fee.
- 75 Ice cream makers, Christmas lights manufacturers, and German landlords may receive extra EU protection from cyber attacks under the NIS2 Directive, which was passed in 2022. Governments were supposed to have legislation by late 2024, but France and Spain have not passed corresponding laws, and company registrations are slow in Germany.
- 78 A Professional sleeper is paid to sleep, often for scientific research or product evaluation. As of Aug 2, 2022, their average annual salary in the United States is $59,998, which is about $28.85 per hour.
- 91 Michael Jordan received more money from Nike than all the workers in the company's factories in Malaysia.
- 91 Mercedes’ logo symbolizes its mission to facilitate transportation on land, water, and air.
- 67 The video discusses John Hanke's involvement with Pokémon Go, funding from In-Q-Tel, and the game's impact, including its use for 3D mapping and its rapid success and controversies.
- 59 The Chinese cigarette brand Peony released a holographic cigarette pack featuring Karl Marx, with health warnings in Chinese.
- 56 The text states that assembling a Rolls-Royce takes six months, while assembling a Toyota takes 13 hours.
- 89 Stuttgart faces a financial crisis due to a sharp decline in tax revenues, primarily from the automotive industry, affecting jobs and municipal budgets.
- 71 The text states that there is no daily routine at Google, and employees start and finish work as they see fit.
- 56 The text questions whether Walmart has a promotion called Walmart swag.
- 77 The video discusses the widespread use of Meta's apps, issues with Instagram's algorithm recommending explicit content, and the presence of illegal ads featuring child sexual abuse material. It highlights India's cyber police efforts and concerns about Meta's algorithm control.
- 41 The website discusses the Telegram channel @eMagzinewspars, highlighting its subscriber count, advertising opportunities, and content offerings from various newspapers and magazines.
- 28 The text claims that Walmart offers a Tough Shed for $49.
- 70 Porsche SE reported a €2.2 billion net loss in early 2026, and Daimler Truck saw a 48% profit drop in the second quarter compared to last year.
- 54 The European aviation industry is in crisis due to the Middle East conflict, with Wizz Air reporting a 198 million euro loss. The airline operates 207 Airbus A320s, employs over 8,200 staff, and covers 190 airports in 54 countries.
- 20 The text questions the legitimacy of Costco's $59 Tough Shed offer.
- 56 Cockroach milk is claimed to be three times healthier than cow's milk, highly nutritious, containing all necessary amino acids, environmentally friendly, and potentially available in stores.
- 64 Germany has nearly 3 million unemployed people, with 15,000 layoffs in industry monthly. The defence industry is projected to grow until 2035. KNDS hired 100 managers in 2025. Rheinmetall plans 5,000 jobs in 2026, Hensoldt 1,600. Applicants from certain countries are not considered. Team leaders earn €120,000, senior leaders €140,000–€180,000.
- 90 Tukaram Munde has been transferred 25 times in his career. The license of Rustom ice cream parlor in Mumbai was suspended. There is no category called energy drink in India. Synthetic and chemical milk production is occurring. India has 22 types of food standards regulations.
- 52 The text describes a trading success story where capital grew from $150 to $15,000 in four weeks, mentions a unique trading method, free trading signals, and a new challenge to grow $70 to $7,000 in two weeks.
- 92 Nokia's initial products included paper and galoshes.
- 86 In 1936, Christian Troelstrup covered his store with coats to attract buyers.
- 88 LEGO gifted employees with 25 years of service a 14-carat gold 2x4 brick.
- 94 Salvador Dalí designed the logo for the Chupa Chups lollipop brand.
- 70 BASF has reduced its workforce to its lowest level since 1954, cutting more jobs in early 2026 than in the previous two years combined, with a total reduction of 7,000 employees since January 2024. The headcount is now below 30,000 employees, and German labor laws require substantial severance payments.
- 82 European imports of Russian LNG reached a multi-year high in early 2026, with France, Belgium, and Spain as major buyers. TotalEnergies holds a 20% stake in Yamal LNG, and new EU rules will soon restrict long-term contracts for Russian gas.
- 50 A strike has started at the Haribo factory in Bonn, Germany, demanding a 5.8% wage increase. Haribo offered a 2% increase and a 156 euro allowance. Confectionery production has decreased by 3.9%.
- 93 India successfully launched its first private-sector orbital rocket Vikram-1, marking a milestone in its space ambitions. The rocket was launched from the Satish Dhawan Space Centre, deploying payloads into a 450km orbit. Skyroot Aerospace, the company behind Vikram-1, became the first Indian space-sector company to reach a $1bn valuation.
- 47 Wednesday is suggested as the best day to ask for a pay raise at work.
- 50 Volkswagen faces issues due to Middle East tensions, with Qatar opposing a deal involving the Osnabrück plant and Israel considering India for production lines.
- 50 The text discusses the economic crisis in Germany, highlighting the high number of bankruptcies, the closure of several businesses, and the impact on employment.
- 81 The website reports that Connecticut has been selected for an NSF award to boost quantum technology innovation, with QuantumCT receiving initial funding of $15 million. Quantum technology industries are projected to grow significantly, and Connecticut companies are already supporting numerous jobs in this sector.
- 79 The website reports that Blue Cross Blue Shield of North Carolina will resume management of the State Health Plan in 2028, potentially saving $1 billion over three years. The switch from Aetna, which led to legal battles, involves changes like premium hikes and a new provider system.
- 68 The website reports on the sentencing of a former Oglala Sioux Tribe employee for a $4.7 million fraud scheme involving the Tribal Employment Rights Office.
- 44 Industry experts suggest Volkswagen employees work more hours, possibly for free, to compete with China. Škoda can produce competitive electric cars. VW employees seek explanations for factory closures and layoffs.
- 77 Leading companies in Germany have lost over €58 billion in share value since last October. Rheinmetall's share value declined by almost 50%, and KNDS canceled its stock exchange listing. Rheinmetall's purchase portfolio is eight times its revenue, and the F126 frigate project cancellation had a devastating effect. Quantum Systems raised $1 billion, and Helsing raised $1.8 billion, increasing its valuation to $18 billion.
- 46 Volkswagen plans to discontinue 10 models, including the Jetta, Porsche Taycan, and Skoda Fabia, to save approximately $7.4 billion.
- 82 The Eichbaum brewery in Mannheim is closing after nearly 350 years, resulting in about 240 job losses. Founded in 1679, the brewery sold the Karamalz brand to Veltins but could not avoid closure due to declining exports and beer consumption. Eichbaum exported to over 60 countries.
- 84 BYD is building a car factory in Hungary, starting production in 2026, and expanding in Germany. Concerns about labor conditions have been raised.
- 72 American Airlines saved $40,000 annually in 1987 by removing one olive from each first-class salad, reportedly without affecting passenger experience.
- 93 MTY Food Group plans to close 68 underperforming restaurants, including 45 to 50 Papa Murphy's locations, due to a $10 million loss over the past year. The company's net income and revenue have decreased significantly.
- 92 The website reports that MTY Group plans to close 68 corporate locations, including up to 50 Papa Murphy’s stores, due to financial losses. Papa Murphy’s locations have decreased to about 1,000 stores. MTY acquired Papa Murphy’s for $190 million in 2019.
- 94 Brookfield has been approved as the lead bidder for GoldenPeaks in a bankruptcy sale.
- 92 GoldenPeaks Poland filed for Chapter 11 bankruptcy with significant debt, operated 664 megawatts of solar power, and faced challenges due to Spectris Energy's collapse and grid restrictions.
- 91 The website reports that a leading energy company has filed for chapter 11 bankruptcy.
- 92 The website reports on various topics including the likely cause of Lindsey Graham's death, international rulings on the South China Sea, a penalty for the Keystone Pipeline, McConnell's hospitalization, and Volkswagen's cost-cutting measures.
- 70 Lazareth has introduced a flying motorcycle with jet turbines in each wheel, priced at $560,876.
- 81 The website reports on various new AI tools and services in the accounting industry, including Puzzle's AI Suite, MyCPE One's CPE Wallet, Sam's List Concierge Launch, AuditFile E-Signatures, and Expensify's expanded Concierge AI capabilities.
- 92 SilverBlue and NAFIN have partnered to provide financing for leasing companies, with NAFIN offering significant funding. SilverBlue is also investing in renewable energy projects and has acquired Solage to enhance its capabilities in this sector.
- 93 A new Costco is planned in the Triangle and changes are planned for Crabtree Mall.
- 79 Massachusetts has improved its position in CNBC's business ranking, leading in education and business in New England, with significant GDP growth and job additions.
- 71 The website discusses the controversy in Green River over the proposal to install automated license plate readers, highlighting privacy concerns, potential data misuse by Motorola, and the effectiveness of the technology.
- 58 More than 1,200 job cuts are looming at Xbox, with uncertainty about timing and impact.
- 32 The text states that only two people know the Coca-Cola recipe, they cannot fly together, and if their plane crashes, the recipe would be lost.
- 76 The website reports a lawsuit against Costco for selling Orgain protein powder contaminated with toxic heavy metals, despite marketing it as safe and nutritious.
- 93 Costco is facing a lawsuit related to protein powder.
- 78 The website discusses Italy's plans to expand digital health initiatives, a $2M AI deal by Beamtree for Saudi hospitals, FDA clearance for a remote monitoring system, and Lunit's role in cancer screening at a Saudi hospital.
- 89 Costco is accused of selling protein powder contaminated with heavy metals like lead and arsenic, with claims of consumer protection law violations in six states.
- 80 Deutsche Bahn will invest 50 million euros in a new notification system, including the Kiana AI assistant, to improve communication about train delays and cancellations. The DB Navigator app will update platform changes faster, and 7,000 new information boards will be installed. The Nuremberg-Regensburg line reopening is delayed until July 31.
- 41 Transparent coffee was invented in Slovakia by brothers Adam and David Nady, who keep the recipe secret. The coffee doesn't stain teeth or clothes.
- 81 Oribe's Serene Scalp Densifying Shampoo has been recalled due to bacterial concerns, specifically Pluralibacter gergoviae, which poses little risk to healthy individuals but may affect those with weakened immune systems.
- 79 The website discusses Askari, a Georgia Tech startup developing counter-drone defense technology, highlighting its funding, collaboration with the U.S. Department of Defense, and its operations within Georgia Tech's ecosystem.
- 94 Oribe shampoo was recalled due to the presence of Pluralibacter gergoviae bacteria, affecting certain lots sold in the U.S. and Canada.
- 79 Shampoo sold nationwide by a Cincinnati-based company was recalled due to potential contamination with Pluralibacter gergoviae. The bacteria poses little risk to healthy individuals but may affect those with weakened immune systems. Microsoft plans to cut 4,800 jobs worldwide.
- 67 The German automotive industry faces challenges as Mercedes considers ending the 35-hour workweek, and Volkswagen may close factories and cut jobs. The industry is affected by issues in China and US tariffs.
- 77 Some wineries age their wine underwater, usually in the sea, a process known as 'underwater wine.'
- 52 Mercedes-Benz employees are protesting cost-cutting measures, with 20,000 people participating in Germany. 90,000 employees may lose special payments, and extended working hours without compensation are possible. A car rally is planned as part of the protests.
- 51 Proceeding with planned armament could lead to economic and political collapse. Rheinmetall is expanding into satellites and shipyards, with a history of delays and festive moods at exhibitions.
- 77 M&Ms are named after the businessmen Mars & Murrie's who created them.
- 80 AT&T has received federal approval to end landline service for 184,000 California households, despite state opposition, and plans to start withdrawing service by June 1, 2027.
- 80 Rolife is described as an actual miniature brand.
- 81 Trump announced pardons for individuals convicted of emissions control violations, aligning with his push for the right to repair. Elite Diesel Service was involved in disabling diagnostic systems on trucks, leading to significant environmental impact.