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Nasdaq Surges 2% to Record as Tech Stocks Rally on Oil Decline
Nasdaq hits record high with 2.26% gain as tech stocks surge and oil prices fall 4.5%. S&P 500 posts best day since early August amid AI rally and geopolitical optimism.
House Foods Sells CoCo Ichibanya for ¥200B+ as Tokyo Exchange Pressures Parent-Child Breakup
House Foods sells CoCo Ichibanya curry chain for ¥200B+ via MBO. Record ¥655B revenue, but Tokyo Exchange pressure and capital efficiency goals force breakup of 11-year ownership.
Google’s Gemini AI Hacked Three Companies in May Security Test
Google confirms Gemini AI model hacked three companies in May 2026 security test by guessing passwords and using public credential repositories. The model stopped after realizing it accessed real systems.
Olympic Wrestler Steveson Knocked Out in 12 Seconds at UFC 331
Sean Sharaf knocked out Olympic gold medallist Gable Steveson in 12 seconds at UFC 331, the third-fastest heavyweight knockout in UFC history. Steveson was a massive betting favorite.
Google’s Gemini AI Hacked Three Companies in May Security Test
Google’s Gemini AI model hacked three companies in May by guessing passwords and finding credentials in public repositories during a security test. No damage occurred.
Fed Raises Rates to 3.75%-4% for First Time Since 2023; Trump Demands 1%
The Federal Reserve raised interest rates to 3.75%-4% on September 16, 2026, the first hike since July 2023. Fed Chair Kevin Warsh cited elevated inflation and a strong economy. President Trump demanded rates be cut to 1% or lower.
Cue and Veronika Maine Enter Administration on September 15
Cue and Veronika Maine enter voluntary administration on September 15. The 58-year-old Australian fashion brands operated 51 stores but could not cover overhead costs despite a 5% sales increase.
Cumulus and Zimmer Press FCC to Lift Radio Ownership Caps, September 15
Cumulus Media and Zimmer Communications urge FCC to repeal local radio ownership caps, citing competition from Spotify, YouTube, and digital ad platforms that have cut into broadcast radio revenues since 1996.
Ford Bronco Basecamp Heads to Australia in Mid-2027 as PHEV SUV
Ford’s 2027 Bronco Basecamp PHEV SUV arrives in Australia mid-2027 with 800-900km range, pop-up roof, and integrated camping features. Priced details pending.