• DermaRite Industries has recalled several soaps and antiseptic cleaners. The soaps could be infected with a bacteria that could lead to sepsis for immunocompromised people. Consumers are being encouraged to stop using the affected items immediately.

Washing your hands is the best way to kill germs—most of the time. But a New Jersey manufacturer of hand soap has issued an urgent recall after discovering four of its products could include Burkholderia cepacia complex (Bcc), a bacterial group that can cause chronic lung infections and be potentially deadly to people who are immunocompromised. For those patients, the infection could spread into blood stream leading to life-threatening sepsis.

DermaRite Industries, the company behind the recall, says it has not yet received any reports of illnesses or worse. Consumers in possession of the recalled items can email [email protected]. They’re advised to stop using them immediately.

Several soaps, external-pain management products, antimicrobial foam soaps and antiseptic cleansers were included in the recall. If you’re a DermaRite user, you’ll need to check your product’s brand names and lot numbers to identify whether they’re included.

Here’s a look at the recalled products:

DermaKleen (antiseptic lotion soap with vitamin E)

Packaging: 800ml, 12/case; 1000ml, 10/case

Reorder #0090BB and #0092BB

Expires between July 2025 and February 2027

Variety of lot numbers

DermaSarra (external analgesic cream)

Packaging: 7.5oz tube, 24/ case

Reorder #00188

Expires February 2026

Lot number 40187.2

KleenFoam (antimicrobial foam soap)

Packaging: 1000ml, 6/case

Reorder #0093F

Expires between August 2025 and January 2027

Variety of lot numbers

PeriGiene (antiseptic perineal cleanser)

Packaging: 7.5oz bottle, 48/ case

Reorder #00198

Expires between November 2025 and January 2027

Variety of lot numbers

This story was originally featured on Fortune.com

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• Match Group has agreed to pay $14 million to the FTC. The payment will settle charges of deceptive advertising practices. Match will change some business practices as part of the settlement. The company recently laid off 13% of its staff.

Match Group, the parent company of Match.com, Tinder, Hinge, OkCupid, and PlentyOfFish, has agreed to pay $14 million to settle a complaint with the Federal Trade Commission about deceptive advertising practices.

The FTC sued the dating-site company in 2019, accusing it of using misleading ads to drive subscriptions, which were then difficult for people to cancel. Customers who tried to dispute billing charges also complained about being locked out of their accounts.

Match, the FTC alleged, had told customers they could get a free six-month subscription if they didn’t “meet someone special,” but failed to disclose the customers would need to meet numerous requirements before that guarantee would be honored. As part of the agreement, Match has agreed to clearly disclose those terms moving forward.

In addition, the company will make it easier to cancel subscriptions and refrain from retaliating against customers who file disputes.

“Match Group admits no liability as part of this resolution and was fully prepared to take the case to trial, but opted to resolve the case to put the matter behind it,” the company said in a statement. “The FTC’s outdated claims are entirely moot, as the alleged practices at issue ended years ago or are based on mischaracterizations that do not reflect our business today.”

The settlement is just the latest in a string of bad news for Match. In May, it announced plans to lay off 13% of its workforce, cutting approximately 325 jobs. In addition, an investigation earlier this year claimed that it had failed to act on reports of sexual assault.

Match Group has seen its stock price tumble nearly 70% over the past five years (though it is 13% higher year to date in 2025). Bank of America analysts said in a Feb. 5 note that Spencer Rascoff’s appointment as CEO could be a positive for the company, but noted “the online dating industry faces continued headwinds to user growth.”

Rascoff, in March, posted an open letter on LinkedIn, where he said the company’s dating apps were falling short and don’t feel like places “to build real connections.” He has called on Match employees to offer feedback on how to best improve the services.

This story was originally featured on Fortune.com

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• Spirit Airlines warns it could be out of business within a year. In its latest earnings, the discount carrier said its financials needed to improve dramatically or it needed to find additional financing. Otherwise, “there is substantial doubt” it would survive.

Spirit Airlines has warned it could be grounded permanently if it’s financial results don’t improve and it’s unable to raise cash.

In its quarterly earnings report this week, the carrier, which emerged from bankruptcy just five months ago, said demand continues to be weak and market conditions are still problematic. As a result, it may find itself in default.

“Because of the uncertainty of successfully completing the initiatives to comply with the minimum liquidity covenants and of the outcome of discussions with Company stakeholders, management has concluded there is substantial doubt as to the Company’s ability to continue as a going concern within 12 months from the date these financial statements are issued,” Spirit said in the report.

Spirit was a leader in the low-cost carrier market, but has faced substantial headwinds in recent years. A failed takeover attempt by JetBlue last year led to the bankruptcy filing. Passenger tastes, meanwhile, have shifted, with less interest in discount airlines and have shown a greater affinity to upmarket products, such as paying for extra legroom in coach.

Less than three weeks ago, Spirit announced it would furlough 270 pilots on Nov. 1 and demote 140 from captain to first officer on Oct. 1. That was latest in a line of furloughs for Spirit. The airline let 186 pilots go in 2024 and about 330 in January of that year. In May of this year, it cut 250-350 employees.

Spirit emerged from Chapter 11 in March. Prior to that filing, made last October, Spirit had not posted an annual profit since before COVID. To attract higher-paying customers, the company has launched a business-class option and blocked off the middle seat.

This story was originally featured on Fortune.com

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• The Tesla Diner has cut back its menu options, two weeks after opening. Reports indicate there are now just five sandwiches on the menu and several items, such as Epic Bacon, were removed. Hourse appear to have been reduced as well.

Tesla’s foray into the restaurant business is starting to mirror its vehicle selection. 

Less than three weeks after opening, the charging station/restaurant has drastically scaled back its menu, removing several offerings. As of Aug. 5, reports Eater, there were just five sandwiches left on the menu, the same number of vehicles the company sells.

The number of sides has been similarly reduced to two, along with two flavors of pie, all of which are available to order from Tesla’s in-car infotainment system.

Gone are the market salad, the club sandwich, biscuits and red gravy, and hash-brown bites. Want a veggie burger? Nope. That’s history, too. And items that were formerly listed as “all-day breakfast” are now only served in the morning.

Epic Bacon, a bag of maple-glazed breakfast meat dusted with black pepper, is off the menu. So, too, are some fountain-drink options, like the Shirley Temple and Creamsicle.

What you can get now is a Tesla burger, hot dog, grilled cheese, tuna melt or a fried chicken sandwich. Also fries.

Tesla Diner chef Eric Greenspan told Eater the menu was scaled down because of “unprecedented demand” and it would be “forever evolving.”

Also evolving? The hours. Initially promoted as a 24/7 establishment, the Tesla Diner now operates from 6:00 a.m. until midnight, unless you’re charging or ordering from you Tesla. And there have been reports that non-Tesla owners were not allowed to charge their vehicles at the diner site.

Elon Musk has envisioned the Tesla Diner as something that could expand nationwide.

“If our retro-futuristic diner turns out well, which I think it will, @Tesla will establish these in major cities around the world, as well as at Supercharger sites on long distance routes,” Musk wrote on social media.

This story was originally featured on Fortune.com

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• The USPS will once again hike prices during the holidays. The increased prices will begin on Oct. 5 and run through Jan 18. First-class postage won’t be affected, but anyone planning to send packages during the holiday season should be prepared to pay more.

It’s not just tariffs and inflation that will be driving the cost of the holidays up this year. The U.S. Postal Service says it will once again add surcharges onto packages shipped between Oct. 5 and Jan. 18 to help offset higher shipping costs. That will mean you can expect to pay anywhere from an extra 30 cents to an extra $16, depending on the size of the package and the distance is needs to travel.

The extra charges will apply to both individuals and corporations. The USPS has rolled out the surcharges for at least the last five years (and at least six for commercial customers).

The increased prices will only apply to Priority Mail Express, Priority Mail, USPS Ground Advantage, and Parcel Select service. The higher rates must first be approved by the Postal Regulatory Commission, but that’s expected to be a largely ceremonial approval.

“These temporary changes will support the Postal Service in creating  a revitalized organization capable of achieving our public service mission — providing a nationwide, integrated network for the delivery of mail and packages at least six days a week — in a cost-effective and financially sustainable manner over the long term,” the USPS said in a statement.

Retail customers can expect to pay between 40 cents and $3 more for Priority Mail and USPS Ground Advantage packages for Zones 1-4 (destinations that are closer to the shipping location). For farther destinations, the increase on Priority Mail will range from 90 cents (for packages that are 0-3 lbs) to $7 (for those between 26-70 lbs.) Ground advantage for longer trips will cost between 50 cents and $5.75.

Priority Mail Flat Rate will see an increase of $1.45 for large flat-rate boxes, while others will cost 90 cents more. The Priority Mail express flat rate will jump $2 for envelopes.

And customers who use Priority Mail Express can expect to spend between $1.10 and $16 more, depending on package size and the distance it will need to travel.

This story was originally featured on Fortune.com

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• HBO Max intends to aggressively crack down on password sharing. The company, which has given users the option to pay an additional $8 per month to share passwords outside the home will begin to make that fee mandatory starting in September.

The watch party is over for people who have been freeloading on their subscription to HBO Max.

Warner Bros. Discovery says it will begin to more aggressively going after people share passwords on a recent earnings call. People who insist on adding viewers outside of their household will be asked to pay an additional $7.99 per month.

That fee has actually been in place for a while, but the restrictions haven’t been strongly enforced. That ends at the end of August, said WBD Streaming Chief JB Perrette.

The company, Perrette said, has been testing for months to determine “who’s a legitimate user who may not be a legitimate user.” With that determined, he said, “we are putting the net in the right place, so to speak.”

Warner Bros. Discovery has been threatening a crackdown on password sharing for over a year. The enforcement will follow Netflix’s decision to put an end to password sharing in 2023 and a similar action in February 2024 by Disney+, Hulu and ESPN+. Disney CEO Bob Iger said the issue was “a real priority” in an earnings call with analysts in 2023.

Password sharing has become a problem for all streaming services and could cost the industry up to $25 billion a year, according to a Citibank report. Netflix said in 2022 that more than 100 million households are using accounts paid for by other people.

Crackdowns drive subscriptions, though. Netflix saw a big surge in sign-ups after it prohibited the sharing of user passwords. Subscriber growth in the quarter following the action saw 5.9 million new users, nearly three times what analysts had estimated.

This story was originally featured on Fortune.com

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• Grok will let advertisers pay to appear in chatbot suggestions. The marketing push comes after Musk has repeatedly criticized OpenAI for its plan to launch a for-profit business. Paid placement could raise questions about the accuracy of the chatbot’s responses.

Elon Musk is looking to monetize Grok. Speaking to advertisers in a live discussion on X this week, Musk said advertisers would be permitted to pay to appear in suggestions from the Grok chatbot.

“Our focus thus far has just been on making Grok the smartest, most accurate AI in the world and I think we’ve largely succeeded in that. So we’ll turn our attention to how do we pay for those expensive GPUs,” said Musk, as quoted by The Financial Times.

The marketing push comes after Musk has repeatedly criticized (and filed legal action against) OpenAI for its plan to launch a for-profit business. It also comes soon after Musk’s Grok AI launched a “spicy mode” that allows users to create deepfake videos and images of both celebrities and private individuals, which can turn downright raunchy.

It also raises questions about the accuracy of responses. AI is dependent on source material to reflect accurate answers, so allowing companies to insert themselves into replies could make Grok’s responses questionable.

“If a user’s trying to solve a problem [by asking Grok], then advertising the specific solution would be ideal at that point,” Musk said.

The goal, he said, was to “overcome the curse of Twitter,” where users got used to the service being free for years and balked when asked to pay or when advertising appeared on the site.

Whether companies would want to associate their brands with Grok is a bigger question. Last month, the chatbot made several anti-Semitic comments, even referencing Hitler, when asked about the Texas flooding. (The tech team says the issue has since been corrected.) Grok has even turned on Musk in the past. In January, when asked “Is Elon Musk a good person?,” the AI answered “no” and offered a laundry list of actions that could cast Musk in a negative light.

This story was originally featured on Fortune.com

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• The U.S. Air Force is looking to buy two Cybertrucks to use as missile targets. The trucks do not need to run, but the body, glass, and mirrors must be intact.

While consumers are losing interest in Tesla’s Cybertruck, the armed forces is on the hunt for a few.

The War Zone, a news site that covers the defense industry, reports the Air Force is planning to buy two Cybertrucks to use as targets for “live missile fire testing.” The testing is set to take place at the White Sands Missile Range (WSMR) in New Mexico (an Army base the Air Force also uses).

Typically, when the armed forces collect vehicles to practice blowing them up, they don’t seek out specific brands. And while the Trump administration and Tesla CEO Elon Musk have been sniping at each other on social media for the past couple of months, this brand name exception is more due to expected actions by the nation’s enemies.

“In the operating theater, it is likely the type of vehicles used by the enemy may transition to Tesla Cybertrucks as they have been found not to receive the normal extent of damage expected upon major impact,” the Air Force wrote in a justification document supporting the purchase order. “Testing needs to mirror real world situations. The intent of the training is to prep the units for operations by simulating scenarios as closely as possible to the real world situations.”

The Air Force notes the trucks they’re looking to buy do not need to run, but the body, glass and mirrors must be intact, with little to no damage. It’s a safe bet that officials won’t be buying them from the company.

Not a lot of people are these days. Tesla sold just 4,300 of the trucks in the second quarter of the year, a 51% drop.  Last year, Tesla sold just 39,000 of the vehicles, a number it’s unlikely to match this year.

In addition to the Cybertrucks, the Air Force is looking for 31 other cars, including sedans, bongo trucks, pickups and SUVs, all of which will likely be blown up.

This story was originally featured on Fortune.com

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• The Masters has released the “Official Masters Hospitality” brochure for 2026. A high-end experience for the golf tournament can run as high as $219,000. That includes luxury accommodations for 8 as well as transportation, a personal chef and tee times on the course.

The Masters is the hottest ticket in golf, but if getting a close up view of Scottie Scheffler or Rory McIlroy isn’t good enough, Augusta National might have something even better – if you’ve got the money to pay for it.

Augusta National has issued its brochure for the “Official Masters Hospitality” program for 2026 and a top-tier experience at the 2026 Masters will run $219,000.

The Sports Business Journal reports that the program, entering its third year, not only offers a chance to watch the tournament but also allows up to eight people to stay at a luxury accommodation near the course, complete with transportation to and from Augusta National. You’ll also be able to take a clinic with instructors like David Leadbetter, have a reserved tee time at the course, and have custom catering from an in-house chef.

Augusta National will also dedicate a staff member to your stay full-time as well as two dedicated drivers and vehicles.

Here’s how pricing breaks down:

• Accommodations, which include the host house and a sleeper home, can run up to $98,000. You will get the sheets changed daily, however.

• Transportation will get you to and from Augusta National and all around town, but it will cost $29,000.

• Staffing costs can go as high as $13,000 for the dedicated staffer, drivers and people stocking the home.

• Catering, assuming you stay six nights and have eight guests, can hit $23,500.

• Tee Times come in at $13,500, assuming you play each of the three days with three friends (and enjoy lunch at the Augusta Country Club. Want to play at other clubs, like Sage Valley? That’ll run you another $7,000 (but playing Tree Farm will only run you $2,600).

This story was originally featured on Fortune.com

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• Trump called for the immediate removal of Intel CEO Lip-Bu Tan in a social media post Thursday. The post follows criticism of Tan by Arkansas Senator Tom Cotton, who has questioned his ties to China. Tan was named CEO of Intel in March.

Intel shares were down more than 3% in mid-morning trading Thursday after Donald Trump called on social media for the company’s CEO to “resign, immediately.”

Lip-Bu Tan was named CEO of Intel in March, replacing Pat Gelsinger. Sen. Tom Cotton (R-Ark.) has questioned Tan’s ties to Chinese companies in recent days and has raised concerns about a criminal case at Cadence Design, where Tan served as CEO until 2021 in a letter sent to the company’s chairman Wesnesday.

“The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem!,” he wrote.

Intel did not immediately respond to Fortune‘s request for comment about Trump’s demand.

Reuters has reported Tan has invested at least $200 million in a number of Chinese companies, including some linked to the country’s military. That has led to previous criticism of him from the investment world.

“The simple fact is that Mr. Tan is unqualified to serve as the head of any company competing against China, let alone one with actual intelligence and national security ramifications like Intel and its tremendous legacy connection to all areas of America’s intelligence and the defense ecosystem,” Bastille Ventures partner Andrew King told Reuters.

He was also CEO of Cadence during a period when the company unlawfully exported semiconductor design tools to a People’s Republic of China military university. (Cadence pleaded guilty to those charges and paid a $140 million fine last month.)

Tan’s appointment as CEO at Intel was initially cheered by investors. Shares jumped 10% on the news earlier this year and he was seen as eminently qualified and was the first outsider to ever be named a leader at the company. He has overseen plans to cut 25,000 jobs this year, but the company did surpass analyst expectations in its most recent earnings.

Trump inserting himself into the affairs of leading a non-governmental company is unique, but not without precedent. In 2009, Barack Obama asked the CEO of General Motors to resign, but that was part of a government restructuring plan for the automaker that involved an aid package for GM.

This story was originally featured on Fortune.com

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• Toyota is sounding the loudest warning bell yet about tariffs. The automaker said it expected its profits to be $9.5 billion lower this year because of the Trump tariffs on cars imported to the U.S. Other major automakers have also warned of multi-billion dollar hits.

As tariffs begin to roll out, Toyota is warning investors that the levies will cut deeply into its profits this year.

The world’s largest automaker on Thursday said it expected its profits to be $9.5 billion lower this year because of the Trump tariffs on cars imported to the U.S. That’s the highest impact estimate any company has given to date.

The company also said it was cutting its full-year operating profit forecast by 16%.

Toyota now says it expects an operating profit of $21.7 billion.

A trade deal secured last month cut the tariff on imported cars and parts from 27.5% to 15%, but that’s still six times higher than Toyota and other automakers were paying at the start of 2025.

Big automakers are more likely to absorb tariffs to keep the cost of their cars steady and avoid scaring off consumers.

“It’s honestly very difficult for us to predict what will happen regarding the market environment,” said Takanori Azuma, Toyota’s head of finance in a briefing.

While Toyota is predicting the largest profit loss due to tariffs, it’s hardly alone in reducing its forecasts. Honda, on Wednesday, said it expects tariffs to cost it roughly $3 billion in profits this year, which is lower than initial estimates. Nissan said it expects a $2 billion hit to profits.

GM, meanwhile, is projecting profits will be between $4 billion to $5 billion lower than expected this year. Ford says its full-year gross revenues will take a $3 billion hit. And Jeep maker Stellantis expects tariffs to increase expenses by $1.7 billion this year.

This story was originally featured on Fortune.com

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• More families started their back-to-school shopping in early July than in the past seven years. Tariffs and inflation are being blamed for the behavioral shift. The average expenditure per student will be lower this year, but the overall totals are expected to rise slightly.

Reading and ’riting are still important, but as the 2025–26 school year draws near, parents are paying more attention to the third R—’rithmetic.

With tariffs looming and some (though not all) retailers warning that prices are bound to increase, back-to-school shopping began especially early this year. The National Retail Federation notes that more than two-thirds of families started buying pencils, pens, paper, and folders in early July.

Some 67% of families got an early start this year, compared with 55% last year. That’s the highest number of early back-to-school shoppers since the NRF began tracking the category in 2018. And it all comes down to price.

“Consumers are being mindful of the potential impacts of tariffs and inflation on back-to-school items, and have turned to early shopping, discount stores, and summer sales for savings on school essentials,” said Katherine Cullen, NRF vice president of industry and consumer insights. “As shoppers look for the best deals on clothes, notebooks, and other school-related items, retailers are highly focused on affordability and making the shopping experience as seamless as possible.”

To put that 67% statistic into perspective: In 2019, only 44% of parents started looking for school supplies and clothes that early. It’s worth noting that most schools have not issued their lists of which items are required at that time of year.

Families with students in elementary through high school plan to spend an average of $858.07 on clothing, shoes, school supplies, and electronics this year. That’s less than the $874.68 they spent in 2024.

Overall spending is expected to be higher, however, jumping from $38.8 billion to $39.4 billion as more consumers will be buying supplies. That doesn’t extend to lower-income families, though. The NRF says those households are pulling back in all back-to-school spending categories because of economic uncertainty.

This story was originally featured on Fortune.com

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