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Ernst Tanner Lindt Crisis: Prices Too High, CEO Out
Lindt & Sprüngli chairman Ernst Tanner has broken his silence on the worst crisis of his 33 years at the Swiss chocolate maker, admitting the company raised its prices too far and lost customers in its second-biggest market. The Ernst Tanner Lindt interview, published by the NZZ am Sonntag on 24 October 2026, came days…
Lindt Chocolate Now Cheaper Than Milka in Germany — And Its CEO Paid the Price
For years, Lindt sat on the top shelf of German supermarkets as the premium option — the bar shoppers reached for when they wanted something a little better than everyday chocolate, and paid a little more for it. This week that logic flipped. Lindt cheaper than Milka is now a real price on German shelves,…
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…
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.
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.
State Department Revokes 250,000 Visas in Trump Crackdown on September 30
State Department revokes 250,000+ visas under Trump administration for crimes, fraud, and security violations. Includes 2,300 birth tourism cases and 27 Latin American officials.