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Bill Ackman AI Capex Call: Why He Backs the Hyperscalers
Bill Ackman AI capex view: Pershing Square says Big Tech’s $740B spending is offensive, not defensive. Key numbers inside.
Canada Pension Plan 2027 Increase: What to Expect
Canadian retirees are in line for a larger Canada Pension Plan 2027 increase than they received this year. The Canada Pension Plan 2027 increase is shaping up to beat the 2% bump paid in January 2026, according to early analyst estimates, and it arrives alongside a separate change that lowers contribution rates for workers. Here…
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.
Greens Propose $25bn Plan to Nationalise 200 Coles and Woolworths Stores
Greens propose $25bn plan to nationalise 200+ Coles and Woolworths supermarkets and open 424 public stores called Fair Go Grocers, claiming savings of 22% on average grocery bills.
Citi Tops Global IPO Underwriting, Overtakes Goldman Sachs in 2026
Citigroup takes top spot in global IPO underwriting through September 2026, ahead of Goldman Sachs, after advising on SK Hynix $26.5B and SpaceX $86B listings.
U.S. Customs Rule Tightens Canadian Drug Imports Starting October 22
U.S. Customs and Border Protection enforces new rule October 22 requiring declaration of prescription drug imports over $100 from Canada, affecting millions of uninsured Americans seeking affordable medications.
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.
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.
SNB Sold CHF1.4B Francs in Q2 as Iran War Stokes Safe-Haven Demand
SNB sold CHF1.4 billion francs in Q2 2026 to offset safe-haven flows from Iran war. Central bank maintains zero rates as growth accelerates and inflation stays low at 0.8%.