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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.
Ford CEO Says AI Will Transform Skilled Trades, Not Replace Them
Ford CEO Jim Farley says AI will be a companion tool for skilled trades workers, not a replacement. The company has over 10,000 skilled-trades workers facing a new era of digital manufacturing.
Nike Stock Hits 13-Year Low as Q1 Revenue Misses, Layoffs Loom
Nike shares plunge 9% to 13-year low after Q1 revenue miss and weak FY2027 outlook. Company plans $2.5B cost cuts and layoffs starting 2027.
Zcash Slides 3.6% to $1,287 as ETF Outflows Weigh on Sentiment
Zcash fell 3.6% to $1,287.07 on October 2 amid $30.25M in Grayscale ETF outflows and lingering concerns from the Bitget hack.
ANZ Drops KPMG as Auditor After 57 Years Amid Scandal
ANZ ends 57-year audit relationship with KPMG, worth A$29 million annually, as the accounting firm faces fallout from whistleblower allegations over confidential data misuse.
Five Canadian Provinces Raise Minimum Wage on October 1, 2026
Ontario, Manitoba, Saskatchewan, P.E.I., and Nova Scotia raised minimum wages on October 1, 2026. Ontario’s rate hit $17.95/hour, but living wage advocates say increases fall short of actual cost of living.
German Fuel Tax Relief Starts October 1: Prices Drop 14-15 Cents, Then Spike
Germany’s October 1 fuel tax relief cut E10 prices to 2.06 euros and diesel to 2.20 euros by morning, but stations hiked prices 15-20 cents at noon, frustrating drivers seeking relief.
NEARUSD Drops 9.6% to $4.83 as RSI Hits Overbought at 73.7
NEAR Protocol USD fell 9.6% to $4.83 in 24 hours. RSI at 73.7 signals overbought conditions despite strong ADX trend strength of 62.1.
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.