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.
- 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.
- 69 The Bundeswehr is launching a YouTube series to attract recruits amid a personnel shortage. The series aims to appeal to young people by showing military life and will be available on multiple platforms. There is a debate about conscription in Germany.
- 62 Kraken Robotics has completed its acquisition of Covelya Group Limited for approximately $615 million, aiming to enhance its market presence and technical capabilities. The acquisition is expected to generate significant cost synergies and improve financial metrics.
- 80 UC San Diego Health and Palomar Health have formed a system.
- 36 German businesses are expected to lose profits due to the national team's World Cup defeat. Expected sales in Bavaria drop from 400 million to 300 million euros. Retailers anticipated no consumer boom, ordering fewer T-shirts, and facing missed opportunities in fan merchandise sales.
- 80 Jack Daniels employees receive a free bottle of whiskey with their paychecks on the first Friday of every month.
- 50 Alice Weidel, leader of the AfD, suggests Germany should end its boycott of Russian oil and gas to boost the economy. She claims AfD can win upcoming state elections, aiming for national leadership. Weidel supports a return to cheap Russian energy, citing job losses and high U.S. energy costs. Before sanctions in 2022, Russia provided significant oil and gas imports to Germany. Volkswagen may cut up to 100,000 jobs due to high energy costs.
- 50 The text advertises CBTF7, claiming it is India's first and oldest brand, offering sports predictions and live casino games from top providers, powered by a leading gaming brand.
- 50 German politicians are concerned about EU automotive regulations affecting jobs and call for technological openness beyond electric cars. They oppose mandatory electric vehicle shares in fleets, viewing it as undue interference.
- 50 Shares of Rheinmetall fell sharply after Germany rejected the F126 frigate project, resulting in an 18.7% loss. Germany plans to buy eight Meko A-200 ships from TKMS instead. Rheinmetall's stock has been declining since its peak in 2025.
- 50 Volkswagen is considering cutting up to 100 thousand jobs over several years. Currently, the company employs about 657 thousand people. The planned cuts are double the previous target. Four factories in Germany may be at risk of shutting down production, and Volkswagen may separate its main brand and components division into separate companies.
- 79 It cost the company $0 to create the Coca-Cola logo, and it was created by their accountant.
- 55 The current arms policy in Germany might lead to economic and political collapse. There are concerns about Germany's largest rearmament spending, Rheinmetall's expansion, and significant investments in arms.
- 77 The website reports on a federal judge barring Trump from requiring proof of citizenship to vote, earthquakes in Venezuela causing damage, Ukraine's strikes on Russian facilities, charges against a former NYC mayor's chief of staff, and Camp Mystic's bankruptcy after Texas floods.
- 27 The text reports that European tech companies want to engage with Ursula von der Leyen to change EU policies. They believe that regulation hinders competition with the US and China and claim the European market is not fully formed. The Airbus CEO warns that the current political approach may not enhance Europe's competitiveness.
- 68 Vanderbilt Tullahoma-Harton Hospital has been certified as an Advanced Primary Stroke Center by the Joint Commission, which developed the program with the American Heart Association and American Stroke Association. The hospital joined Vanderbilt Health in 2021 and has received numerous accreditations.
- 55 Alternative for Germany wants to abolish the foreign aid ministry, using a fraud scandal at GIZ as justification. The scandal involves 24 dismissed employees in Yemen over irregularities, with estimated damages of tens of millions of euros. Chancellor Merz’s party considered abolishing the ministry in 2025, but it is opposed by coalition partners. An AfD motion to abolish the ministry is expected to be rejected in parliament.
- 68 The text mentions that advertising can be placed via Telega․io in just a few minutes, and it offers various formats and rates.
- 86 The website reports that Lantern and Marathon Health have partnered to integrate primary and specialty care for employers.
- 49 The text discusses an internal survey at Volkswagen revealing concerns about the group's critical location, risk to existence, and tense situation.
- 41 France might exit the joint tank project with Germany due to concerns over political support and budget cuts.
- 43 Germany is facing labor shortages and layoffs, potentially lacking 4.3 million workers by 2036 due to aging population, stricter migration, and economic issues. Volkswagen, Bosch, and BASF are reducing jobs.
- 81 West Marine filed for Chapter 11 bankruptcy, plans to close 59 stores, and cited supply chain issues and consumer behavior shifts as reasons. The company secured lender agreements for restructuring, and new boat sales dropped 8.8% in 2025.
- 72 The website reports that Elon Musk became the first trillionaire after SpaceX's IPO, which raised $75 billion and valued the company at $2.1 trillion. Despite losses, SpaceX aims for ambitious space projects, while its AI business xAI lacks a clear path to profitability.
- 73 The Texas Organization of Rural and Community Hospital’s Clinically Integrated Network plans to end contracts with UnitedHealthcare due to unsustainable reimbursement rates, risking the financial survival of rural health systems.
- 83 The website reports an active shooting in Midland, Texas, with Midland Memorial Hospital on lockdown and several gunshot patients received. Traffic in the area is affected, and Prime Day 2026 is scheduled for June 23-26.
- 54 Perlon, a German plastic fiber company, went bankrupt last summer. It had 850 employees and a €150 million turnover but faced reduced demand. Chinese company Wuxi Yinda Nylon signed a purchase agreement, planning to retain 450 of 510 jobs, along with the Perlon brand and three factories in Germany.
- 56 The German military industry is actively recruiting, with Rheinmetall aiming to grow significantly by 2030, and companies like Hensoldt and TKMS expanding. While increased defense spending may lead to economic growth in the short term, this effect is expected to diminish by 2028.
- 75 Adidas bought the three-stripe design from Karhu for 2 bottles of whiskey and €1600.
- 55 Fraunhofer-Gesellschaft plans to cut approximately 1,200 jobs due to a structural deficit. The budget mainly relies on industry and government contracts, and reforms aim to improve financial stability. Notable departures of experts to foreign positions, such as Martin Schell, are causing concern.
- 83 Nestle's private equity partner has withdrawn from the bidding process for Perrier.
- 79 OpenAI has filed for a US IPO, targeting a $1 trillion valuation. The company reported $2 billion in monthly revenue and 900 million weekly active users. A US jury ruled against Musk in his lawsuit against OpenAI.
- 49 Scientists have confirmed that ultra-processed food like chips, sodas, and sweets is addictive, affecting the brain like drugs. Studies across 36 countries show these foods cause strong cravings and loss of control. Products are designed to stimulate pleasure stronger than ordinary food, with examples like milkshakes causing a dopamine surge. Manufacturers target children to create lifelong customers. Scientists call for official recognition of food addiction and protection similar to tobacco and alcohol.
- 44 The text discusses a trader, Bulldog, who was banned by MEXC exchange in 2024 due to his profitable trading signals. He has now reopened his channel with only 100 spots available.
- 44 LBank offers new users a 30-day VIP2 trial, transfer rewards up to 200 USDT, and additional trading bonuses.
- 73 Cisco initially held the trademark for 'iPhone' and used it for a VoIP device. Cisco's iPhone launched 22 days before Apple's announcement, leading to a lawsuit which was settled with both companies retaining rights.
- 74 The website discusses the launch of the Bangkok International Content Market 2026, Thailand's first international marketplace for film, series, and animation, highlighting significant investments and economic impacts.
- 71 The website reports that SAG-AFTRA members ratified a four-year deal with studios, including AI protections and wage increases.
- 65 Amazon is being sued over Ring's facial recognition technology, with allegations of privacy violations and a $5 million lawsuit filed by Charles Sigwalt. The company has faced past criticism and legal actions related to privacy issues.
- 33 Pharmaceutical companies are reducing investments in Germany due to cost-saving reforms, with Eli Lilly halving its Alzai project and Boehringer Ingelheim cancelling a major investment. Innovation projects may shift abroad due to competitive pressures.
- 42 Polobet offers a special 1000 TL trial bonus to new members.
- 47 The text discusses the resumption of economic dialogue between German and Russian business leaders, highlights Germany as Russia's top trading partner in 2021, and notes German companies' satisfaction with business in Russia. It also mentions criticism from German political parties about the business delegation's attendance at an economic forum.
- 41 A new gaming platform offers games like roulette and solitaire, with a first deposit bonus. Users can earn up to 30% commission from friends' gaming activity and transfer Rs 1000 to Rs 2000 daily from their phone. Players Shaniel, Jyoti, and Vastu have earned millions in total earnings.
- 72 The website reports that the Tennessee Attorney General received 21 complaints about a Memphis medical supply business, with individuals like Carla Carroll and Leslie Thilges facing unexpected charges for medical supplies they did not order.
- 72 The website discusses how AI, cameras, and drones are being used by police departments in Idaho to enhance crime-solving capabilities, while also addressing privacy concerns.
- 74 Elation Health has acquired Aster to enhance its AI-enabled EHR capabilities, integrating Aster's voice AI platform Atlas. Elation plans to embed Anthropic's AI model Claude into its EHR. The company has raised significant funding, including $50 million in Series D.
- 50 Volkswagen is reclaiming employee bonuses due to financial issues, revising its collective agreement. Some employees won lawsuits against this action, while others await court decisions.
- 54 US Congress is considering bills to limit China's influence on the car market, which could affect Mercedes due to significant Chinese ownership. Bans may impact manufacturers from China, Russia, and North Korea. An economist warned about potential pressure on Mercedes's stock.
- 80 The website states that Disneyland ticket prices are set to increase.
- 80 Lockheed Martin has been awarded over $1 billion in military contracts due to the ongoing conflict with Iran, including an $879 million order for F-35 aircraft armaments. The company plans to invest over $9 billion in a new munitions production center and aims to quadruple production capacity of the PAC-3 MSE interceptor.
- 50 Google is planning to release 32 million across Florida and California.
- 50 Coca-Cola produces over 3,500 beverages worldwide, and trying one a day would take 9 years.
- 60 In 2020, Goop launched a $75 candle named 'This smells like my vagina,' which sold out immediately.
- 25 Metrofibre, a German fiber-optic company, filed for self-managed insolvency due to financial partner exit, affecting subsidiaries. Seeking new investors for ongoing projects while the court decides future actions. German insolvency doesn't mean automatic liquidation.
- 40 Stephanie Matto made $50,000 per week, totaling $200,000, selling farts in jars, and retired after being hospitalized due to excessive farting.
- 70 Anna Nicole Smith did not receive any money from J. Howard Marshall's estate when he died in 1995. Marshall, who was an oil tycoon, left his $1.6 billion estate to his son. Smith and Marshall married when he was 89, and she was 26.
- 50 The text states that The Daily Wire is experiencing financial difficulties, with an 85% decrease in audience, layoffs of 60% of employees, and missing $200 million in the account. It mentions a mismatch between Shapiro's views and the audience's mood and refers to The Daily Wire as 'conservative Disney'.
- 50 In 1985, a Coca-Cola employee was allegedly fired for being engaged to a Pepsi employee.
- 56 The text promotes Rozcash, where users watch, play, and complete tasks to earn rewards, which can be redeemed easily. It is targeted at users 18 and older.
