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Newport Beach Declares Emergency as Tropical Storm Rachel Floods Streets
Newport Beach declared a local emergency Friday after Tropical Storm Rachel’s high tides and waves flooded streets on the Balboa Peninsula, damaging homes and forcing evacuations.
Bezos Predicts AI Could Enable 3-Day Workweeks, Single-Income Families
Jeff Bezos says AI productivity could enable 3-day workweeks and single-income households. He told Fox News the technology is real but cautioned investors face uncertainty as capital flows to both good and bad ideas.
Conagra Discontinues Celeste Pizza After 64 Years on October 9
Conagra Brands has discontinued Celeste frozen pizza after 64 years, citing low profitability. Remaining inventory will be sold until depleted, but production has ended.
Google Launches Gemini 4 Argon AI Model; GOOGL Slides 0.6% on October 9
Google launches Gemini 4 Argon frontier AI model and Gemini agent for enterprise work. GOOGL stock down 0.6% as AI competition heats up. Pricing starts at $2 per million input tokens.
TCS Q2 Profit Jumps 15% to Rs 13,884 Crore on AI Revenue Surge
TCS Q2 FY27 net profit rises 15% to Rs 13,884 crore with revenue up 11%. AI revenue crosses $3.1 billion. Board approves Rs 12 dividend.
OpenAI Revenue Miss Triggers $2.7T AI Selloff on October 9
OpenAI’s $50 billion revenue disclosure, $20 billion below expectations, triggered a sharp selloff in AI stocks. Nvidia fell 3%, Oracle 6%, CoreWeave 8% on October 8.
Sam Wood Denied Bail on Domestic Violence Charges, October 9
Former Bachelor star Sam Wood denied bail after domestic violence charges in Noosa. Court heard allegations he choked his wife. He remains in custody awaiting trial.
Singapore Retrenchments Hit Post-Pandemic High; MOM Weighs Action on Benefits
Singapore retrenchments hit post-pandemic high of 4,620 in Q2 2026. MOM considers action against firms refusing to pay benefits. Re-entry rates fall to 54.9%, and retrenched PMETs face median 25% wage cuts.
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.