Aston Martin has warned of potential financial losses due to U.S. tariffs and supply chain issues. The luxury carmaker is reviewing costs and expects lower sales this year. The company has had to adjust its operations due to tariffs on car imports to the U.S.
Key Facts
Aston Martin faces financial challenges partly because of U.S. tariffs on car imports.
The company expects losses greater than £110 million.
A recent cyber-attack on Jaguar Land Rover has added to supply chain pressures.
As a result of these factors, Aston Martin's shares fell by up to 11% during trading.
The firm limited U.S. shipments earlier this year but later resumed when a new tariff agreement was reached.
The tariffs have made it hard for Aston Martin to predict financial outcomes.
Aston Martin plans to improve profits by 2025-26 with cost-cutting and its new Valhalla model.
In February, the company cut 170 jobs to address previous financial losses.
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PayPal announced a change to its "buy now, pay later" services, offering 5 percent cash back on eligible purchases through the end of 2025. This is intended to help shoppers manage financial stress, especially during the holiday season. The company is expanding its monthly payment option for in-store purchases in the U.S.
Key Facts
PayPal's cash back offer applies automatically to eligible purchases in-store and online until December 31, 2025.
Two main "buy now, pay later" options are available: "Pay in 4" for smaller purchases and "Pay Monthly" for larger ones with interest.
"Pay in 4" lets shoppers divide payments into four equal parts without interest.
"Pay Monthly" allows larger purchases to be paid off monthly, with fixed interest rates ranging from 10 to 36 percent.
PayPal plans to expand the "Pay Monthly" option to in-store purchases in the U.S.
Over 80 percent of PayPal users plan to use "buy now, pay later" during the holiday season.
Surveys suggest many American shoppers feel financial stress and are turning to "buy now, pay later" services more than before.
Some experts warn this trend could lead to serious debt if not managed carefully.
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Chi-Chi's, a Mexican restaurant chain, is reopening its first location in 20 years in St. Louis Park, Minnesota. A new menu and modern design are part of the relaunch, with plans for future locations not yet announced.
Key Facts
Chi-Chi's reopens in St. Louis Park, Minnesota, on October 6.
The restaurant's new look includes modern decor and an updated menu.
Chi-Chi's originally closed all locations after a hepatitis A outbreak in 2003.
Over 650 people got sick from contaminated food, which led to four deaths.
Chi-Chi's paid $800,000 in compensation due to the outbreak and closed all its restaurants.
Even during closure, Chi-Chi’s branded products were available in stores.
A fundraising campaign for the brand's relaunch raised over $2.5 million.
The new restaurant will have extended hours and allows reservations via Open Table.
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Many white-collar workers are considering switching to skilled trades for better job stability and pay, according to a FlexJobs report. The shift is driven by the impact of artificial intelligence on traditional office jobs and changing career expectations among different generations. Skilled trades are seen as a more stable option in a competitive job market.
Key Facts
62% of white-collar workers surveyed would consider moving to skilled trades for better stability and pay.
45% of surveyed workers are thinking about changing fields entirely.
44% of workers daydream about starting their own business.
85% of employees said their career expectations have changed since graduation.
Among millennials, 62% reported significant changes in career expectations.
There is a perception that white-collar workers avoid blue-collar jobs due to not wanting "to get their hands dirty."
Concerns about AI's impact on job security are pushing more workers towards trades.
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McDonald's is bringing back its limited edition Happy Meal Boo Buckets for Halloween in the United States starting October 21. These reusable buckets first appeared in 1986 and are returning with new designs. The promotion is part of McDonald’s strategy to engage customers with limited-time offers.
Key Facts
McDonald's will offer Boo Buckets with Happy Meals starting October 21 across the U.S.
The buckets first debuted in 1986 and have returned in previous years.
This year's Boo Buckets designs include classic characters like Ghost and new ones like Cat and Zombie.
The buckets come with Halloween-themed stickers for personalization.
They are available only while supplies last at participating locations.
The Boo Buckets are part of McDonald's strategy to attract customers with limited-time offers.
McDonald's also revived its Monopoly promotion on October 6, with both traditional and app-integrated gameplay.
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Paramount has bought the website The Free Press and made Bari Weiss the editor-in-chief of CBS News, a new role at the company. This action is part of Paramount's plan to update its content strategy and connect better with audiences.
Key Facts
Paramount acquired the website The Free Press.
Bari Weiss, the founder of The Free Press, is now the editor-in-chief of CBS News.
This role for Weiss is newly created by CBS News.
David Ellison leads the company and supports this decision.
Weiss is known for her work in print journalism, especially commentary.
Paramount aims to modernize how they produce and deliver content.
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American Airlines will remove metal bag sizers from boarding gates starting October 6. The decision aims to simplify the boarding process, with gate agents using their judgment to decide if a bag is too big to carry on. Carry-on size limits remain the same, and sizers will still be available in check-in areas.
Key Facts
American Airlines will remove metal bag sizers from boarding gates on October 6.
Gate agents will use their judgment to determine if a carry-on bag is too big.
Carry-on rules remain unchanged, allowing one carry-on plus a personal item.
The allowed carry-on size is 22x14x9 inches.
Sizers will still be available in check-in lobbies for passengers to check their luggage size.
American Airlines follows United Airlines, which removed gate bag sizers in 2020.
Oversize bags still need to be checked in before the flight departs.
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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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