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Schaeffler Job Cuts: 3,460 Roles Go as German Car Supplier Crisis Deepens
Schaeffler job cuts will remove 3,460 jobs in Europe and close four German plants. See the facts behind Germany’s car supplier crisis.
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…
Trump’s Bombardier Reversal: What the Kansas Rally U-Turn Means for Investors
The Trump Bombardier story took a sharp turn on Monday night. Speaking at a campaign rally outside Wichita, Kansas, US President Donald Trump walked back his threat to ban Bombardier jet sales in the United States, saying he had learned the Canadian plane maker is a major American employer. Bombardier shares closed Tuesday up about…
Autohaus König Insolvency: What German Car Buyers Need to Know
The Autohaus König insolvency has become one of Germany’s most-searched legal stories this week, and for good reason. One of the country’s largest car dealership groups filed for insolvency proceedings at the end of August 2026, and thousands of customers who already paid deposits or full purchase prices for their vehicles now face the possibility…
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.
Citroën Revives 2CV as Electric City Car Under €15,000 for 2028
Citroën brings back the legendary 2CV as an affordable electric car priced under €15,000, with a concept reveal at Paris Motor Show October 11. Production begins 2028.
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.
Honda Develops Wireless EV Charging for Highways, Tests Begin 2027
Honda develops wireless charging system for moving EVs with Taisei. Tests planned for Tateyama Expressway in fiscal 2027. Technology supports speeds up to 120 km/h and large commercial vehicles.