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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.
Swiss Consumer Watchdog Exposes Hotel Evictions and Deindeal Gutschein Crisis October 2
Kassensturz uncovers illegal hotel storage eviction and Deindeal gutschein crisis affecting Swiss consumers. Pensioner loses 11,000 francs in tools; customers cannot redeem vouchers as platform faces insolvency.
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.
Amazon Begins $200 Prime Settlement Payouts October 1 as FTC Expands Eligibility
Amazon begins automatic $200 Prime settlement payments October 1. Eligible customers who used 11-20 Prime benefits now qualify. No claims needed. Payments via PayPal, Venmo, or check.
Social Security Benefits Jump 3.5% in 2027: What Retirees Get on October 14
Social Security benefits are projected to rise 3.5% in 2027, raising the average monthly payment from $1,941.76 to $2,009.72. The SSA will confirm the official figure on October 14.
Central Government Employees May Get 65% DA Hike After August Inflation Data
Central government employees face a potential 65% dearness allowance hike after August inflation data released September 30. The AICPI-IW index jumped 1.2 points to 154.4, affecting 1 crore individuals across India.
T.J. Maxx Closes 3 Stores in 2026 While Adding 15 Nationwide
T.J. Maxx closed stores in Boston and Maryland in 2026, but TJX added 15 net locations this year. The closures are targeted lease expirations, not a nationwide shutdown.
Sierra Nevada Cheese Recall Expands: 13 Sickened in E. Coli Outbreak
FDA recalls all Sierra Nevada Graziers raw milk cheese after 13 people sickened by E. coli O26:H11 across nine states. Eight hospitalized, three with hemolytic uremic syndrome. Check your refrigerator.
Micron Surges on Record Q4 Earnings, Guides Q1 Revenue to $61.5B
Micron beat Q4 earnings with $33.42 EPS vs. $31.61 expected and $54.23B revenue vs. $51.07B forecast. Q1 guidance of $61.5B revenue far exceeds analyst estimates of $57B.