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Paramount-Warner Bros. $111B Merger Clears Final Legal Hurdle on September 29
Paramount Skydance settles $111 billion Warner Bros. merger antitrust case with 12 states. Judge must still approve the deal. Paramount faces film distribution and spending commitments.
US 10-Year Treasury Yield Hits 5.18% on September 24, Highest Since 2007
US 10-year Treasury yield hits 5.18% on September 24, highest since 2007. Real rates drive 96% of the 45 basis point surge. Bond prices fall as borrowing costs rise.
Delta Flight DL251 Diverts to Porto After Cabin Smoke; 14 Treated on September 28
Delta flight DL251 diverted to Porto, Portugal on September 28 after smoke in the cabin. Fourteen passengers received treatment; four were hospitalized with smoke inhalation.
SpaceX Starship Reaches Space on Flight 14, Orbit Decision Pending
SpaceX’s Starship Flight 14 launched September 28 and reached space for the first time, but engine failures forced the company to reconsider its orbital insertion plan.
Volkswagen, Audi Recall 2.86M Vehicles Over Steering Bolt Corrosion Risk
Volkswagen and Audi recall 2.86 million vehicles worldwide over steering bolt corrosion that could cause complete loss of steering. Affects Golf, Tiguan, Touran, Caddy, and Q3 models from 2013-2024.
Trump Rejects Iran’s Seven-Day Hormuz Deal on September 28
Trump rejects Iran’s seven-day plan to reopen Strait of Hormuz, citing US control. The closure disrupts one-fifth of global oil and gas trade, threatening energy security across Asia and beyond.
Australian Army Retires Tiger Helicopters After 22 Years, Shifts to Apache Fleet
Australia retires its 22 Tiger attack helicopters after 22 years of service. The ADF transitions to 29 AH-64E Apache helicopters under a A$4.5 billion program, with six already delivered and all 29 expected by end of 2029.
Volkswagen Recalls 2.86 Million Vehicles Over Steering Bolt Corrosion Risk
Volkswagen recalls 2.86 million VW and Audi vehicles worldwide due to steering bolt corrosion risk. Repair takes up to one hour. No incidents reported yet.
Australian Diesel Hits $2.86 per Litre as Truckers and Travellers Face Soaring Costs
Australian diesel prices hit $2.86 per litre, forcing truckers to call for fuel excise relief and stranding travellers. Prices could exceed $3 as oil demand surges.