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Desjardins Credit Card System Outage Hits October 12-20: What Members Need to Know
Desjardins credit card system migration October 12-20 disables limit increases, PIN changes, and card replacements. Members report false late-payment alerts. Full details on what’s unavailable and how to prepare.
Cash App Settlement Payments Begin October 2026: Who Gets Up to $2,500
Cash App users with approved claims in a $15 million security settlement will receive payments in October 2026. Eligible claimants can get up to $2,500 for documented losses from 2018-2024 unauthorized access incidents.
PIECE OF BAKE Files for Bankruptcy After 4-Year Expansion Spree
PIECE OF BAKE, Japan’s viral fresh donut chain, files for bankruptcy with 350 million yen in debt after rapid store expansion. Five locations closed October 6.
Germany Blocks Cosco’s 80% Zippel Takeover Over Supply Chain Security
Germany blocks Cosco’s acquisition of Zippel logistics firm over security risks to German and EU supply chains. Cabinet cites deepened dependencies and vulnerability to Chinese pressure.
ATO Credit Card Ban Splits Labor as Small Businesses Face Cash Flow Squeeze
ATO stands firm on credit card payment ban from 30 November 2026. Small businesses face cash flow pressure as surcharge ban removes payment flexibility. Labor divided over decision.
EU Expansion Plan Shifts to Gradual Entry, Cuts Unanimity Rule October 8
EU Commission proposes phased EU membership, qualified majority voting, and safeguards for new members. Montenegro could join by 2028. Enlargement Commissioner Marta Kos outlines reforms October 6.
Crystal Jade Closes Four More Outlets, Cuts 120 Jobs Ahead of Sale
Crystal Jade closes four Singapore outlets and terminates 120 workers on October 6 as receivers prepare the business for sale. Nine restaurants remain open.
Singles Pay $7,800 Annual ‘Tax’ as Housing Costs Surge 5.7% in Australia
Single Australians pay an estimated $7,800 annual ‘singles tax’ on housing as rents surge 5.7% and single-person households grow to 27.5% of all homes.
ATO Bans Credit Card Tax Payments From November 30, 2026
The ATO will stop accepting credit card tax payments after November 30, 2026. Small businesses and Labor warn the ban will worsen cash flow pressures already created by the October 1 surcharge ban.