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Australian Supermarkets Pocket 65% Margins on Apples as Growers Struggle
Australian supermarkets Woolworths, Coles, and Aldi are taking 65% profit margins on apples amid supply shortages, while growers struggle. APAL calls for ACCC investigation.
OpenAI Solves Navier-Stokes Problem in 88 Hours; Controversy Erupts Over Methods
OpenAI claims to have solved a 90-year-old math problem using AI in 88 hours, but faces allegations it accelerated work after learning of rival researchers’ progress.
Social Security Benefits Rise Up to $75 Monthly in 2027 as COLA Jumps
Social Security benefits could rise by $73 to $75 per month in 2027 under a 3.5% to 3.6% COLA increase, the largest since 2023. The SSA will announce the official figure on October 14.
Apple Unveils iPhone 18 Pro and First Foldable iPhone Duo on September 9
Apple launches iPhone 18 Pro and foldable iPhone Duo on September 9, 2026. New CEO John Ternus takes the stage for the company’s biggest event in years with fresh designs and new product categories.
Hong Kong’s First Chief Executive Tung Chee-hwa Dies at 89
Tung Chee-hwa, Hong Kong’s first chief executive who steered the city through the 1997 handover and the Asian financial crisis, has died at 89. He served from 1997 to 2005.
Iceland Summons U.S. Ambassador Over Trump’s Stars-and-Stripes Map
Iceland summoned the U.S. ambassador after Trump posted a map depicting the country under an American flag. The move reflects escalating tensions over Trump’s repeated interest in acquiring Greenland and expanding U.S. territory.
Australian Home Values Drop $34B in June Quarter as Rate Rises Bite
Australian home values fell $34.1 billion in June 2026, the first quarterly decline since 2022. National property now worth $12.7 trillion as interest rates and tax changes bite.
KFC Expands Breakfast to Gold Coast and Melbourne CBD From September 8
KFC launches breakfast menu at 16 Gold Coast and 13 Melbourne CBD locations from 6am, featuring bacon and egg rolls, chicken items, and barista coffee after Sydney Airport trial.
Pentagon Polygraphs 50 Military Officials in Leak Probe Over Weapons Shortages
Pentagon gave polygraph tests to about 50 military officials in August to investigate leaks about U.S. weapons shortages. The broad screening is rare and has sparked congressional concern about lack of briefings.