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Jim Bakker, PTL Televangelist Convicted of Fraud, Dies at 86
Jim Bakker, founder of the PTL Club and Heritage USA theme park, dies at 86. The televangelist was convicted of defrauding followers and served over four years in prison after a 1987 sex scandal.
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.
Chinese Frozen Food Violations Surge in Japan: 37 Broccoli Cases, E. Coli Detected
Japan reports 37 cases of carcinogenic pesticide in Chinese frozen broccoli and E. coli in mixed salads. Frozen seafood from China shows paralytic shellfish toxin in clams and E. coli in flounder, widely used in izakayas and sushi chains.
Chinese Frozen Seafood Poses Health Risk in Japan: E. Coli, Toxins Detected
Chinese frozen seafood imports to Japan contain E. coli, paralytic shellfish toxin, and illegal additives. Flounder, clams, crab, and shrimp show violations. Sushi chains and family restaurants widely use these products.
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.
DFI Retail Grabs Full Starbucks Control in Asia for US$340M on October 1
DFI Retail takes full control of 1,100+ Starbucks stores across Asia for US$340M cash, exiting Maxim’s joint venture. Stock jumps 6.6% as company targets billion-dollar business in three years.
Mike Lee Blocks Kennedy Center Protection Bill on Senate Floor
Republican Sen. Mike Lee blocked a bipartisan bill that would have required congressional approval to demolish the Kennedy Center or other presidential memorials. The bill had support from both parties.
Singapore Airlines Adds 100+ Dishes to Menu Across All Cabin Classes
Singapore Airlines rolls out 100+ new dishes, custom Christofle tableware, and expanded wine and spirits options across all cabin classes starting September 29, 2026.