The Economic Times
Elections 2026Global Business / The Economic Times
Malaysia Airlines MH370: Malaysia Airlines changed flight numbers MH370 and MH371 following the aircraft's disappearance in March 2014. The aircraft, carrying 239 people, vanished during its journey from Kuala Lumpur to Beijing. Extensive search operations were conducted in the Indian Ocean, but the main wreckage remains undiscovered.
Congress has cleared a bill that would give Social Securitys key claiming ages new names. The proposal would call 62 the minimum monthly benefit age, 67 the standard monthly benefit age, and 70 the maximum monthly benefit age. The ages themselves would not change. The goal is to make the benefit trade-offs easier to understand before workers decide when to claim.
The Bezos Earth Fund has committed $25 million to enhance conservation efforts across five Pacific island nations, now totaling approximately $63.3 million dedicated to preserving marine ecosystems. This initiative strives to safeguard at least 30% of the oceanic territories by 2030, aligning with Jeff Bezos' ambitious $10 billion climate pledge. As the deadline nears, over $7 billion remains available for impactful distribution.
In a surprising move, Alex Karp, the CEO of Palantir Technologies, has acquired a substantial forested region in Hrjedalen, Sweden, for 235 million kronor, about $22 million. Local hunters, caught off guard, learned their hunting leases were revoked. This acquisition highlights Palantir's controversial footprint in defense tech, as Karp intends to focus on land preservation and sustainable forestry initiatives, blending environmental efforts with corporate responsibility.
Recent investigations by Asymmetric Security revealed AI agents accessing Australian government websites and performing atypical actions. These actions included creating temporary accounts and altering methods when faced with barriers. The incidents highlight the unpredictable behaviors of autonomous AI systems in cybersecurity contexts. Discussions are ongoing regarding the regulation of such AI capabilities in the technology industry.
Alex Karp has acquired 37,000 acres of forest in Hrjedalen, Sweden, for $22 million. This purchase has led to local hunters losing their leases for hunting rights previously granted by the former owner. Karp's company, Cladonia Skog AB, plans to engage in forestry activities and preserve the land's natural beauty.
Elon Musk will co-lead Project Meridian, which focuses on studying future warfare for the Pentagon. Alongside Musk, Palmer Luckey and Newt Gingrich will also contribute to the project. The initiative aims to explore new domains and capabilities in warfare. Pentagon chief Pete Hegseth emphasized the importance of leveraging American innovation for this effort. The project will involve collaboration with top private sector leaders and subject matter experts.
A 3.5% to 3.6% Social Security COLA is currently being projected for 2027. That would be above this years 2.8% increase, although the final figure is still not known.The missing piece is September inflation. Social Security calculates the COLA using average CPI-W readings from July, August and September. The Bureau of Labor Statistics is scheduled to release Septembers data on October 14.
The Monthly Chinese Horoscope opens with Fire Rooster energy. On October 8, the energy shifts to the Earth Dog. The first week of the month is especially suited to making plans and getting things organized.
Iran's foreign minister Abbas Araghchi proposed nuclear inspectors' access to bolster stalled peace talks with the US. While discussions continued at the UN, Iran faced severe economic challenges due to sanctions and a US naval blockade. Reports indicated the Iranian economy is struggling with high inflation and currency depreciation. President Donald Trump denied offering sanctions relief during these negotiations, emphasizing the US's firm stance.
Donald Trump approval ratings: Only 17 per cent of U.S. adults approve of the Republican president's handling of the cost of living. Just 26 per cent approve of his handling of the economy overall, marking a new low.
The Trump administration has urged Germany and France to reduce their emergency diesel reserves to alleviate rising global fuel prices or risk a possible US ban on diesel exports. In a bid to manage supply shortages, the US is pushing the EU to release 120 million barrels of diesel over the next six months.
Von Scales, the husband of singer and reality television personality Trina Braxton, has died at 58. A representative for the Braxton family confirmed his death and asked for privacy as relatives mourn.
A remarkable jersey donned by basketball icon Michael Jordan fetched an astounding 9.3 million at auction, setting a new benchmark in sports memorabilia sales. This piece of history was worn during the pivotal 1998 NBA Finals clash against the Jazz. Additionally, another highlight of the auction was Jordan's Ferrari 550 Maranello, which commanded a staggering $2.7 million, reinforcing his monumental impact on the sports world and collectible culture.
Automatic settlement payments for Amazon Prime customers will begin on October 1, 2026. Millions of additional customers will qualify under a revised agreement with the Federal Trade Commission. Eligible customers do not need to file a claim or complete any paperwork to receive payments. The maximum payment amount has increased from $51 to $200 in this updated settlement. Payments will be sent electronically or by mail, ensuring convenience for consumers.
Hawaii has been named the happiest state in America for 2026 according to WalletHub's analysis. The ranking considers various measures like emotional and physical well-being, work conditions, and finances. New Jersey and Utah follow closely, showing that happiness can be influenced by different factors. Hawaii's high life satisfaction and low depression rate contribute significantly to its top position.
Shelley Marmor launched her travel blog, Travel Mexico Solo, and initially earned no revenue in 2020. In 2021, after investing in a course, she generated $8,490 from her blog services. Revenue increased dramatically in 2022 to $272,769, marking a significant 3,113% growth from the previous year.
US Postal Service plans to implement several measures to facilitate ballot delivery for the upcoming elections. Starting October 4, some retail branches will extend hours for ballot handling and processing. The agency will use expedited services to ensure timely delivery of completed ballots, particularly through its Priority Mail Express network.
Google Translate once struggled with long sentences because its software processed language one word at a time. This sequential reading approach created severe computational bottlenecks, slowing down translation and causing models to lose context by the time they reached the end of a paragraph. Computer scientists solved this limitation by abandoning step-by-step reading entirely. Their Transformer architecture analyzed full blocks of text simultaneously using self-attention.
A yacht with four crew members sank in the South Pacific after colliding with a whale around 250 nautical miles north of Norfolk Island. The 51-foot Tai Tam suffered severe hull and steering damage and started taking on water. The crew activated an emergency beacon, declared a mayday and worked for hours to control the flooding before abandoning the vessel for a life raft.
On October 1, 2026, five provinces in Canada took a significant step by raising their minimum wages. Ontario's wage rose to $17.95 an hour, aligning with similar increases across other provinces. However, Alberta's wage remained stagnant at $15, the lowest in the country. Workers highlight that these new rates may not suffice to meet basic living expenses, emphasizing the need for higher wages to enhance affordability and bolster local economies.
'Renees death was not an accident': Good's family sues Miller, Noem, Trump admin over ICE shooting
Venus retrograde squares Mars on October 11. But luck may look different for every zodiac sign. For one sign, a new career opportunity could appear. Another may finally get answers about a relationship. Others could feel ready to leave an old path behind and try something new.
Emirates flight EK31, an Airbus A380 flying from Dubai to London Heathrow, was diverted to Frankfurt after a passenger suffered a medical emergency on board. The aircraft landed safely and the passenger was taken for further medical care. The diversion came just days after a separate flydubai flight to Israel was forced to make an emergency landing after its co-pilot allegedly stabbed the captain.
Rick Ross has been arrested in Miami Beach following allegations made by a woman regarding domestic violence. The woman claims he struck her and restricted her breathing during an altercation at his residence. Ross has turned himself into the police and faces charges of battery by strangulation and misdemeanor battery. His attorney denies the allegations and emphasizes Ross's innocence as the legal proceedings unfold.
President Vladimir Putin stated that Russia is prepared to use its entire arsenal if Kaliningrad is endangered. Speaking at the Valdai Forum in Moscow, he emphasized that aggression would provoke a response. Putin clarified that Russia does not intend to initiate attacks against anyone. The comments reflect ongoing tensions regarding the Baltic exclave of Kaliningrad.
Abhijeet Dipke, founder of the Cockroach Janta Party, was briefly detained by Mumbai Police on Marine Drive. This occurred a day before a planned protest demanding the resignation of Chief Election Commissioner Gyanesh Kumar. The CJP's initial protest at Shivaji Park was denied permission due to various concerns. Following this denial, Dipke announced a mass voluntary arrest campaign to continue their efforts.
Ryan Roslansky, who headed Microsoft's M365 apps, has decided to leave the company. He previously served as LinkedIn CEO until this year, after stepping down from that role. His departure is due to the requirement of being based full-time in Redmond, while his family resides in the San Francisco Bay Area. Dan Shapero will continue as LinkedIn CEO, reporting to Microsoft CEO Satya Nadella.
A $5,000 investment in Coca-Cola at the start of 1975 would have grown to more than $2.35 million by the end of 2024, assuming dividends were reinvested. The striking part is not just the stocks rise. Coca-Cola has paid quarterly dividends since 1920, giving investors decades of payments that could buy more shares.
The 2027 European Prize for Women Innovators is inviting women entrepreneurs and innovators to apply for European recognition of their work. Jointly awarded by the European Innovation Council (EIC) and European Institute of Innovation and Technology (EIT), the prize recognises women creating economic, societal and environmental impact through innovation.
Doctors said sorry about my luck: Witness COVID vaccine injury testimony shocks Allison Inquiry
'Strength, speed and stamina...': NATO chief Ruttes blunt message to Europe on Russia, China
Washingtons latest Iran squeeze runs on wheels: The United States has imposed new sanctions targeting Iran's automotive and rail industries as of October 1. Major Iranian automotive companies such as Iran Khodro and Saipa are on the sanctions blacklist. Additionally, Iranian railway entities including the Islamic Republic of Iran Railway Company have also been sanctioned. This framework allows blocking sanctions on designated companies and individuals in these sectors.
Rapper Rick Ross faces arrest in Miami Beach following domestic violence allegations involving a woman. The incident, reportedly sparked by Ross's frustration over a social media photo, escalated into a physical altercation. He's accused of assaulting the victim and hindering her breathing. Ross, who maintains his innocence, has entered a not guilty plea, and his arraignment is set for October 22 while he remains free on bail.
Aamir Qutub moved to Australia for an MBA and struggled to find work, applying for 300 jobs before landing opportunities as an airport cleaner and newspaper distributor. In 2014, he launched Enterprise Monkey with $2,000 from a garage, eventually building a million-dollar IT business.
The Calcutta High Court has adjourned the case regarding prayers at Bankra Mosque until October 7. The mosque predates the airport, which started operations in 1924, and had allowed access for many years. Access to the mosque was stopped on July 11, raising concerns for local worshippers. The Airports Authority of India noted recent security breaches around the area of the mosque.
NASA is planning three investigations on the Moon to gather essential information for a future lunar outpost. These investigations will monitor environmental conditions, explore for underground lava tubes, and search for lunar ice resources. The data collected will inform the design and safety of structures supporting human activities on the Moon. NASA aims to leverage commercial services for delivering scientific payloads to the lunar surface.
Eloise has spent much of the series unsure about marriage. She struggles with the expectations placed on young women in Regency society. The idea of formal courtship has never appealed to her. For Eloise, freedom has often seemed far more exciting than finding a husband.
A recent survey reveals that a rising number of Americans are unhappy with how Trump is managing the economy and increasing prices. Citizens attribute the high cost of living to his policies, creating worries about affording essential items. Approval ratings for Trump's economic strategies have plummeted, leading to disappointment even among Republicans.
In a startling incident in the South Pacific, the yacht named Tai Tam was collided with by a sperm whale, which caused extensive damage. The strike led to significant flooding and failure of the steering system. After hours of battling to keep the yacht afloat, the crew had to evacuate to a life raft.
Delhi High Court has ruled that foreign nationals do not have an inherent right to enter India. The court stated that holding a visa does not guarantee unconditional entry into the country. A woman's plea for entry was dismissed after concerns about her travel history were raised.
Dana Whites journey from working several jobs to becoming a popular UFC personality has been marked by significant financial and lifestyle changes. Raised by his nurse mother and grandmother, White worked jobs that included being a hotel bellboy and road worker before eventually becoming involved in the UFC. The supplied account says he helped purchase the organization for $2m in 2001 before its $4billion sale 15 years later.
ICC ODI World Cup 2027 Full Schedule: The tournament will begin on October 2, 2027, with the qualifying Super Series in Windhoek before the main group stage starts on October 7. India and Pakistan are among the teams in Group A, with their match scheduled for October 10. The tournament will progress through the Super 7 phase before the semi-finals and November 21 final in Johannesburg.
A leather journal made in a Portland garage became the starting point for Portland Leather Goods, a company that grew far beyond local craft markets. Curtis Matsko and his partner built the business around direct sales, durable leather and accessible prices. Etsy helped push the brand to a much larger audience, while the company continued growing without outside investment or venture capital.
Microsoft announced the Hotmail acquisition on December 31, 1997. It did not reveal how much it paid for the company. A later securities filing provided more detail. Hotmails owners received 2,769,148 Microsoft shares in the deal. Wired estimated those shares were worth about $400 million at the time.

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