Asahi has restarted some of its beer production in Japan after a cyber-attack temporarily shut down its operations. The attack affected Asahi's ability to process orders and manage deliveries, impacting beer supplies in major stores. Although production is resuming, capacities are not yet back to normal.
Key Facts
Asahi restarted some production at all six breweries in Japan after a cyber-attack.
The cyber-attack affected Asahi's ordering and delivery systems, causing beer shortages in major stores like 7-Eleven.
Asahi not only produces beer but also soft drinks and food products.
The attack only impacted Asahi's operations in Japan, representing about half of its sales.
Beer plants and soft drink factories in Japan are operating, but not at full capacity.
Asahi cooperates with cyber-security experts to restore its systems but lacks a clear timeline for full recovery.
Asahi also owns international brands like Peroni and Grolsch, which were not affected by the attack.
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Mel Robbins, a businesswoman and author, discussed her book "The Let Them Theory" on "The Axios Show." She explains that while the world may feel chaotic, people can control their reactions to events. By focusing on how they respond, individuals can manage feelings of stress and anxiety.
Key Facts
Mel Robbins is a businesswoman and bestselling author.
Her book, "The Let Them Theory," has sold 6 million copies.
She was interviewed by Axios CEO Jim VandeHei.
Robbins suggests that people choose how they respond to chaotic situations.
She believes feeling overwhelmed by the world is a normal response.
Robbins emphasizes being present and engaging with important activities can alleviate stress.
The interview was part of an episode of "The Axios Show."
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Recent analysis shows that investors have high confidence in U.S. stocks, which might soon lead to a market drop. Different sectors of the S&P 500 are moving separately from the market, indicating strong confidence. Some experts worry this confidence is too high and might cause a market correction.
Key Facts
Investor confidence in U.S. stocks is currently very high.
Different sectors of the S&P 500 are acting independently, which is unusual.
The S&P 500 has increased by about 35% since April 2022.
Investment in technology and AI is driving much of the market growth.
Analysts warn that stock prices might be higher than what their real value should be.
The "Buffett Indicator," which compares stock market values to the overall economy, is near record highs.
A market drop or correction might happen if confidence becomes too excessive.
Analysts believe a specific event or "catalyst" might be needed to adjust current market confidence levels.
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Volvo's CEO, Håkan Samuelsson, announced plans to produce a new, larger hybrid car designed for the U.S. market at their South Carolina plant. This move aims to appeal to American families and address the slower adoption of full electric cars. The company also plans to export the hybrid model internationally, but not to China.
Key Facts
Volvo plans to produce a new car in South Carolina specifically for the U.S. market.
The new car will be a larger, family-friendly hybrid model.
This hybrid model will cater to areas where electric car adoption is slow.
Volvo intends to start selling this model in 2029.
The company will not export this hybrid model to China.
Volvo's strategy includes a focus on both hybrid and fully electric vehicles.
The company had initially underestimated the time needed to transition fully to electric vehicles.
The South Carolina plant is seen as an important asset for Volvo’s U.S. production.
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Audrey Hendley, president of American Express Travel, discussed her career growth at American Express and emphasized the importance of problem-solving and innovation from within an organization. She shared her approach to leadership, adapting to changes in technology, and preparing her team for advancements like artificial intelligence (AI). Hendley also highlighted the launch of American Express's new travel app designed to enhance customer travel planning and experiences.
Key Facts
Audrey Hendley began her career at American Express in 1992.
She is currently the president of American Express Travel.
Hendley believes in turning job challenges into leadership opportunities.
She emphasizes the need for continuous learning and adaptability, especially with technology.
Her team is focusing on integrating and understanding AI in their business operations.
American Express recently launched its first dedicated travel app.
The app aims to simplify travel planning for customers, offering a comprehensive platform.
American Express Travel operates in 23 countries and 12 languages.
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CBS News has appointed Bari Weiss, founder of The Free Press, as its new editor in chief. Skydance Media, CBS' new owner, will acquire The Free Press, but it will continue to operate as a separate site. Weiss will work alongside current CBS News president Tom Cibrowski.
Key Facts
Bari Weiss, from The Free Press, will be the new editor in chief at CBS News.
CBS News' new owner, Skydance Media, will acquire The Free Press, Weiss's news site.
Weiss and Tom Cibrowski, the current president of CBS News, will collaborate as partners.
CBS News is aiming to attract more viewers with right-of-center views.
Bari Weiss is known for her previous roles at The Wall Street Journal and The New York Times.
CBS may lay off up to 10% of its workforce in the coming month.
Several journalists at CBS expressed uncertainty about Weiss's influence on the network.
The Free Press has a focus on cancel culture and critiques of media coverage.
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A newsletter series by Life Kit aims to help people save money and pay off their credit card debt. The series offers tips and strategies on managing debt and creating a payment plan tailored to individual budgets.
Key Facts
Credit card debt in the U.S. reached $1.21 trillion in the second quarter of 2025.
There was a 5.87% increase in credit card balances from the previous year.
Interest rates on credit card debt can be around 20%.
Life Kit's newsletter series offers a month-long guide on paying off credit card debt.
The newsletter provides weekly tips on saving money and managing credit card payments.
Financial educator Rita-Soledad Fernández Paulino shares advice on setting aside cash to reduce debt.
Participants can sign up with their email to receive the newsletter series.
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An NPR segment debunks common myths about credit card debt and provides advice on managing it. Nearly half of the people surveyed by Bankrate say they carry a credit card balance each month.
Key Facts
A recent survey by Bankrate found that 46% of people keep a balance on their credit cards month to month.
NPR's Life Kit section aims to clarify misunderstandings about credit card debt.
The segment includes advice for handling credit card debt more effectively.
Credit card debt is a common financial issue affecting many individuals.
The information was shared on NPR's Morning Edition program.
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Japanese stocks reached a new high after the Liberal Democratic Party of Japan chose Sanae Takaichi as its leader. The Nikkei 225 index increased by more than 4%, with investors responding positively to her pro-business policies.
Key Facts
Sanae Takaichi is the new leader of Japan's ruling Liberal Democratic Party.
The Nikkei 225 index rose by more than 4%, surpassing 47,000.
Takaichi supports higher public spending and lower borrowing costs.
She admires former UK Prime Minister Margaret Thatcher's free-market policies.
Stocks in real estate, technology, and heavy industry saw gains.
The Japanese yen fell to a record low against the euro and dropped over 1.5% against the US dollar.
If confirmed, Takaichi will be Japan's first female prime minister.
She faces a sluggish economy and US-Japan relations, including a tariff deal with President Donald Trump's administration.
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Rite Aid, a large US pharmacy chain, has closed all its remaining stores. The company faced financial difficulties, legal issues related to the opioid crisis, and had filed for bankruptcy multiple times. Other pharmacy chains in the US are also closing some of their stores for various reasons.
Key Facts
Rite Aid has closed all of its stores as of now.
The company's website provides a way for customers to request their pharmacy records.
Rite Aid was founded in 1962 and once had 5,000 stores.
Financial struggles and a Justice Department investigation impacted the chain.
Rite Aid filed for bankruptcy in October 2023 and May 2025.
The company settled lawsuits related to its role in the opioid epidemic for up to $30 million in 2022.
In 2024, Rite Aid settled a complaint about allegedly filling unlawful opioid prescriptions.
Other pharmacy chains like CVS and Walgreens are also closing stores, creating "pharmacy deserts" in some areas.
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The article discusses Tatyana Kim, who became Russia's richest woman by developing Wildberries into the largest online retailer in the country. The story covers her journey from being an English teacher to an influential business leader and includes a notable incident in 2024 involving a fatal attack at her office.
Key Facts
Tatyana Kim is Russia’s richest woman and runs Wildberries, the country's largest online retailer.
She transitioned from working as an English teacher to leading a major business.
Wildberries initially focused on selling clothing but later expanded into electronics, household goods, and food.
In 2024, armed men attacked Kim’s offices, resulting in the death of two security guards.
The podcast "Good Bad Billionaire" explores the lives and ethics of the super-rich, like Tatyana Kim.
The podcast is available on the BBC World Service and looks at the stories of wealthy individuals across various industries.
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Indigenous Wayuu weavers in Colombia are gaining global recognition for their handwoven bags, known as mochilas. While demand has improved income for some, others face challenges like exploitation and pressure to produce faster for commercial markets. Entrepreneurs are working to ensure fair trade and maintain cultural value.
Key Facts
The Wayuu are the largest indigenous group in Colombia, with about 380,000 people.
They create traditional bags called mochilas, which are now sold globally.
Weaving is a key part of Wayuu culture and a crucial source of income in the impoverished La Guajira region.
Mochila prices range from around $20 for simpler designs to hundreds of dollars for complex work.
Increased demand has led some weavers to produce faster, sometimes compromising traditional methods.
Entrepreneurs like Laura Chica promote fair wages and traditional patterns in the sale of these bags.
The global market for mochilas includes high-end fashion outlets and online platforms.
Fair trade efforts aim to ensure weavers receive decent payments and maintain cultural craftsmanship.
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Jaguar Land Rover (JLR) is restarting some production after a cyber-attack shut down its factories. The company is first reopening its Wolverhampton engine factory, but full production will take weeks to achieve. The UK government has offered a loan guarantee to help JLR's suppliers who were financially strained due to the shutdown.
Key Facts
A cyber-attack forced JLR to stop production at its plants in the UK and other countries.
JLR's Wolverhampton engine factory will be the first to resume operations.
Full operations are expected to take several weeks to restart completely.
The UK government is backing a £1.5 billion loan guarantee to support JLR suppliers.
Suppliers have struggled financially, with some laying off workers due to cash shortages.
The attack reportedly costs JLR about £50 million per week in lost production.
About 30,000 people work directly for JLR, with approximately 200,000 employed in its supply chain.
A group named Scattered Lapsus$ Hunters has claimed responsibility for the cyber-attack.
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India is trying to bring back skilled professionals who left for the U.S., especially due to the recent increase in U.S. visa fees by President Donald Trump. This effort is part of a plan to benefit from the reverse brain drain as the U.S. immigration environment becomes more challenging. However, attracting large numbers of professionals back to India poses significant challenges.
Key Facts
President Donald Trump increased the H-1B visa fees to $100,000, making it more difficult for some Indians to stay in the U.S.
The Indian government is encouraging overseas Indians to return and help with national development.
Nithin Hassan moved back to India, leaving a high-paying job in the U.S., to start his own business.
Hassan created a platform called B2I to assist others planning to return to India from overseas.
Interest in returning to India has increased, with a rise in inquiries about moving back due to U.S. visa changes.
There is a 30% increase in Indian students from top U.S. universities considering returning to India after graduation.
Global Capability Centres in India offer job opportunities that could attract tech industry professionals returning from the U.S.
Experts say a strong government effort is needed to drive large-scale reverse migration.
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The Conservative Party plans to announce proposals to cut public spending in the UK by £47 billion over five years. The cuts include reducing welfare benefits, overseas aid, and the number of civil servants. These changes aim to address financial concerns and promote fiscal responsibility.
Key Facts
The plan involves cutting £47 billion from public spending over five years.
Proposed cuts include £23 billion from welfare, £8 billion from reducing civil servants, and £7 billion from overseas aid.
The number of civil servants could be reduced by about 132,000.
The welfare cuts could stop benefits for people with minor mental health issues.
Overseas aid spending might drop to 0.1% of national income, saving £7 billion.
The cuts also include £3.5 billion from asylum seeker housing and £4 billion by reserving benefits for UK nationals.
Some current environmental subsidies, like those for heat pumps and electric vehicles, could also be cut.
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The UK government has announced new plans to change how people buy houses. These changes are meant to reduce costs for buyers, speed up the process, and decrease the number of sales that fall through.
Key Facts
The government aims to cut costs and halve the number of failed house sales.
The new plan could save first-time buyers an average of £710.
The property buying process might become up to four weeks shorter.
Sellers and estate agents will have to provide important property details upfront, like home condition and leasehold costs.
New binding contracts may be introduced to support deal completion.
These reforms aim to reduce the UK's estimated £1.5bn annual costs from failed transactions.
A new Code of Practice for estate agents and conveyancers is proposed.
A roadmap for these changes will be released next year as part of a broader housing strategy.
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Foster Poultry Farms is recalling over 3.8 million pounds of chicken corn dogs because wood was found in the batter, leading to injuries. The U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) announced the recall due to potential health risks. The products, produced between July 2024 and August 2025, were distributed to various locations in the U.S.
Key Facts
Foster Poultry Farms is recalling about 3,843,040 pounds of chicken corn dogs.
Wood pieces were found in the batter, and five injuries have been reported.
The recall affects products manufactured from July 30, 2024, to August 4, 2025.
Products can be identified by the establishment number "P-6137B."
These items were sent to retail and institutional locations, including some schools and military facilities.
FSIS labeled this a serious health risk and advises not to eat the products.
Consumers can get a refund or discard the products if they find them in their storage.
FSIS will check if all contaminated products are removed from the market.
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DoorDash released data revealing popular Halloween candies in the U.S. Reese's Peanut Butter Cups remains the most favored candy in many states, but orders for Hershey's Cookies 'N' Creme are increasing. Nostalgic candies like Baby Bottle Pops and Strawberry Bon Bons are also seeing a rise in popularity.
Key Facts
Reese's Peanut Butter Cups are the top candy in 14 states.
Hershey's Cookies 'N' Creme orders are rising, with potential to become a top choice.
Nostalgic candies like Baby Bottle Pops and Strawberry Bon Bons saw significant increases in orders, up by 641% and over 600%, respectively.
M&M's, Snickers, and Hershey's Milk Chocolate Bar also see strong demand increases.
Candy like Bit-O-Honey, Necco Wafers, Dum-Dums, and lemon/sour candies are gaining popularity.
Savory snacks like crackers and pretzels are appearing in Halloween candy bowls more often.
Different regions have specific candy preferences, such as Sweet Smiles in Southern states and Twizzlers in some Midwest states.
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Harrods has set up a fund of over £60 million to compensate people who claim they were abused by its former owner, Mohamed Al Fayed. More than 100 individuals are expected to receive compensation through this fund, which will be available until March 2026. Due to the fund and other factors, Harrods reported a financial loss, but it remains optimistic about future growth.
Key Facts
Harrods has allocated over £60 million for compensation related to abuse claims against former owner Mohamed Al Fayed.
The compensation plan started in March 2025 and will be open until the end of March 2026.
More than 100 people have joined the compensation scheme.
Compensation can range from £150,000 to £385,000 per person, depending on medical assessments.
The Metropolitan Police reported receiving complaints from 146 people as part of their investigation.
Harrods reported a £34.3 million loss recently, partly due to the compensation fund.
Mohamed Al Fayed owned Harrods from 1985 to 2010 and was accused of rape and sexual assault by multiple women.
Claimants must prove abuse and Harrods' liability to be eligible for compensation.
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The California Department of Insurance has taken enforcement action against Tesla Insurance Services and Tesla Insurance Company for not following the state's claims-handling laws. The companies are accused of delaying payments and not responding properly to customers, which could lead to their license being suspended or revoked if not addressed.
Key Facts
California acted against Tesla Insurance Services and Tesla Insurance Company for claims-handling violations.
The companies reportedly delayed payments and didn't respond correctly to policyholders.
State National Insurance Company, unrelated to Tesla, may also face action.
Regulators cited over 396 instances of the companies not responding to inquiries within 15 days.
Tesla Insurance launched in California in 2019 and expanded in 2022.
Complaints have increased since Tesla acquired Balboa Insurance Company, now known as Tesla Insurance Company.
Tesla admitted staffing issues but complaints rose again in 2024.
The companies have 15 days to respond, or they may face a hearing that could impact their ability to operate in California.
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