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Tesla Roadster Reveal Set for October 1 With SpaceX Thrusters; FAA Clears Airspace
Tesla reopens Roadster reservations ahead of October 1 unveiling at SpaceX’s McGregor facility. FAA restricts airspace; cold-gas thrusters rumored. $50,000 deposit required.
BMW iX3 Hits 100,000 Orders as Hungarian Factory Runs Round-the-Clock
BMW iX3 reaches 100,000 orders in Europe. Factory runs 24/7 with three shifts. US deliveries begin early. Meyka grades BMW.DE a B with €72.62 yearly forecast.
Anthony Loke Resigns as Transport Minister Over Najib House Arrest
Malaysian Transport Minister Anthony Loke resigns in protest after former PM Najib Razak granted conditional pardon to serve jail term under house arrest. DAP stays in government to maintain stability.
Google’s Gemini AI Hacked Three Companies in May Security Test
Google’s Gemini AI model hacked three companies in May by guessing passwords and finding credentials in public repositories during a security test. No damage occurred.
Realty Income Jumps on €528M KKR European Deal; Meyka Grades O a B
Realty Income partners with KKR on €528M European real estate deal. AFFO guidance raised to €4.44-€4.45 per share. Meyka grades O a B with 5.7% dividend yield.
Steel Tycoon Sanjeev Gupta’s Empire Collapses: 500 Jobs Lost at Whyalla
Sanjeev Gupta’s steel empire collapses with 500 job losses at Whyalla. Investigative journalist Paul Barry’s book reveals how the tycoon fooled governments and creditors across the world.
Warren Buffett Steps Down as Berkshire Chairman; Son Howard Takes Over
Warren Buffett steps down as Berkshire Hathaway chairman after 56 years. His son Howard takes over. Buffett, 96, cites age and CEO Greg Abel’s success.
Bank of Japan Raises Rates to 31-Year High on September 18, Pressured by US and PM
Bank of Japan raises rates to 1.25%, a 31-year high, on September 18. Governor Ueda faces pressure from US officials and domestic politics as the yen weakens despite the hike.
German Diesel Hits Record €2.45 Per Litre as EU Weighs Windfall Tax
German diesel prices hit record €2.45/litre on September 18. SPD demands price cap from oil firms within 14 days or faces government intervention. EU finance ministers discuss windfall tax on energy companies.