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AFL Trade Period Kicks Off: Merrett Lands $4M Hawthorn Deal on Day One
Zach Merrett joins Hawthorn on $4M deal as AFL trade period opens. Eight moves done in three days including Lachie Neale to Collingwood and Scott Pendlebury to Gold Coast.
Kioxia Stock Splits 3-for-1 on October 5 as Tokyo Exchange Pushes Lower Entry Prices
Kioxia splits stock 3-for-1 on Sept 29. Tokyo Exchange pushed 760+ firms to split since 2022 to lower entry prices below 500,000 yen for retail investors and new NISA participants.
South Australia Fuel Queues Swell as Portelli Opens $1.99 Petrol Station
Drivers queue for hours at Adrian Portelli’s new Edwardstown petrol station offering $1.99/L unleaded fuel. Members pay $99 annually plus receive $50 free fuel credit.
Philippines-Singapore Cable Restored After October 2 Outage
Philippines-Singapore submarine cable outage on October 2 disrupted internet for PLDT, Globe, and Converge users. The C2C cable was restored by October 3 after telcos rerouted 300Gbps of traffic.
Ken Griffin’s $3B Carnegie Mellon Gift Reshapes Miami Real Estate October 03
Ken Griffin donated $3 billion to Carnegie Mellon University to build a Miami campus on 35 acres purchased for $1.1 billion. The gift is the largest in higher education history and has sparked a commercial real estate boom in Wynwood.
Prudential Life Faces 3-Month Sales Suspension Over ¥3.1B Fraud Scandal
Japan’s FSA orders Prudential Life to suspend new insurance sales for 3+ months after employees defrauded 500 customers of ¥3.1 billion over 35 years. Parent company also faces improvement order.
49ers Owner Jed York Suspended 6 Games, Fined $500K by NFL
NFL suspends 49ers owner Jed York six games and fines him $500,000 for violating personal conduct policy after prostitution sting arrest in Ohio.
Getty Images Avoids Default, Faces NYSE Delisting October 3
Getty Images avoids default with last-minute $51.6M bond payment but faces NYSE delisting. Stock down 99% since 2022 SPAC debut as AI competition pressures stock imagery business.
Isaac Heeney Wins Third Swans Medal Amid Pullman Hotel Scandal October 2
Isaac Heeney wins Sydney Swans’ Bob Skilton Medal for third straight year after Pullman Hotel suspension. Club renames award to MVP amid ongoing police investigation.