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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…
Bezos Predicts AI Could Enable 3-Day Workweeks, Single-Income Families
Jeff Bezos says AI productivity could enable 3-day workweeks and single-income households. He told Fox News the technology is real but cautioned investors face uncertainty as capital flows to both good and bad ideas.
Google Launches Gemini 4 Argon AI Model; GOOGL Slides 0.6% on October 9
Google launches Gemini 4 Argon frontier AI model and Gemini agent for enterprise work. GOOGL stock down 0.6% as AI competition heats up. Pricing starts at $2 per million input tokens.
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.
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.
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.