Zygi Kamasa’s U.K. Film Distributor True Brit Entertainment Files for Administration

Variety - Sep 30, 2026

True Brit Entertainment, the U.K. theatrical distributor that launched less than three years ago, has filed for administration, a British legal process similar to Chapter 11 bankruptcy. The company, which was founded by former Lionsgate U.K. & Europe CEO and Marv Studios Group CEO Zygi Kamasa, becomes the latest casualty of the U.K.’s extremely tough […]

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Stocks slip on Wall Street as rising Treasury yields pressure the market

Sep 30, 2026

Stocks slip on Wall Street as rising Treasury yields pressure the market

NEW YORK — Pressure from another increase in Treasury yields weighed down stocks on Wall Street Tuesday. The S&P 500 fell 0.3 percent after spending most of the morning wavering. The Dow Jones Industrial Average fell 232 points, or 0.5 percent, as of 1:45 p.m. Eastern time. The Nasdaq composite fell 0.2 percent. Major indexes shifted lower after a quiet morning as increased pressure from the bond market undercut much of the heavy lifting being done by several technology behemoths. Nvidia gave up an early and influential gain and was mostly unchanged. Broadcom gave up much of its gain and was up most recently by 1.6 percent. Stocks remain under pressure as oil prices swing sharply as the U.S. war with Iran drags on, helping to push Treasury yields to their highest levels in 24 years. The price of Brent crude oil in the most actively traded part of the oil market fell 1 percent to $96.84 a barrel. It briefly climbed above $100 on Monday before prices eased a bit, but they are still well above the roughly $72 it cost before the U.S. and Israel attacked Iran in late February. Mediators cont

OpenAI launches cheaper AI model, after scrapping one deemed unsafe

Sep 30, 2026

OpenAI launches cheaper AI model, after scrapping one deemed unsafe

SAN FRANCISCO — OpenAI launched a new mid-range artificial intelligence model Tuesday that costs five times less than its flagship offering, one day after scrapping an upgraded version deemed unreliable. GPT-6.1 Sol ranks below OpenAI's most powerful model, GPT-6 Astra, released in early September. The company on Monday said it abandoned plans for GPT-6.1 Astra because the model frequently ignored instructions. The announcement, made at the company's annual developer conference, marks the latest escalation in a price war with rival Anthropic as both firms prepare for initial public offerings.

US users turn to Korean netizens in hunt for Cornell defendant Winston Lee

Sep 30, 2026

US users turn to Korean netizens in hunt for Cornell defendant Winston Lee

SEATTLE — The sprawling online hunt for information about Winston Lee, widely believed to be a Korean national who is among seven defendants in a Cornell University sexual assault lawsuit, is increasingly crossing borders, with English-speaking social media users calling on Korean netizens to help uncover more details about him. As the “Cornell 7” case continues to draw intense attention across the United States, Lee has become the subject of a parallel search focused on his Korean identity and background. Publicly available information about him remains limited compared with the volume of material circulating about some of the other defendants. Some English-language users have begun openly looking to Korean netizens to take the search further. “OK Korean people, we're counting on you to track one of your own people down,” one user wrote in a social media thread. “Leaving it up to the knetz,” another wrote, using a shorthand for Korean netizens. Other comments described Korean internet users as “ruthless hunters” and said they “know how to punish their own.” The sear

Trump vows to never 'stifle' AI as leading executives urge caution

Sep 30, 2026

Trump vows to never 'stifle' AI as leading executives urge caution

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US consumer confidence sinks to lowest level since 2014

Sep 30, 2026

US consumer confidence sinks to lowest level since 2014

WASHINGTON — U.S. consumer confidence plunged sharply in September to a level not seen since 2014, according to a key benchmark published on Tuesday, with U.S. households battered by a high cost of living and economic uncertainty from the Iran war. The Conference Board's consumer confidence index fell by 6.7 points to 81.9 this month, its lowest level since April 2014. The high cost of living in the United States is a major issue as the country heads into key midterm elections in November, where Democrats are seeking to wrest control of Congress from U.S. President Donald Trump's Republican Party. "Consumers' write-in responses regarding factors affecting the economy were mostly pessimistic in September," said Dana Peterson, chief economist at the Conference Board. "References to prices, the high cost of goods and services, and oil and gas prices in particular, rose to new heights, reflecting September's surge in fuel costs." Global oil prices have skyrocketed since Trump and U.S. ally Israel launched the war against Iran in late February, with Tehran's retaliatory action targeting Wash

Supreme Court lets quick deportations to third countries resume for now while it weighs Trump policy

Sep 30, 2026

Supreme Court lets quick deportations to third countries resume for now while it weighs Trump policy

WASHINGTON — The Supreme Court on Tuesday let President Donald Trump’s administration continue swiftly deporting people to countries other than their own for now, while the justices consider whether the policy is legal. The apparent 6-3 order temporarily lifts lower court requirements for migrants to get a chance to object before being sent to countries to which they have no ties. The Supreme Court will hear arguments in December. Justices Sonia Sotomayor, Elena Kagan and Ketanji Brown Jackson would have kept the lower court order in place. The Trump administration said last week the lower court order forced the cancellation of a deportation flight carrying about 70 people bound for three countries. The conservative majority has sided with the administration before on the core Trump administration policy, allowing deportation flights to temporarily continue last year. The court said it will consider several questions: whether the policy is lawful, whether lower courts had the authority to consider the case and issue a sweeping block, as well as other questions the government deems appr

Qatari mediators press peace deal between US, Iran

Sep 30, 2026

Qatari mediators press peace deal between US, Iran

WASHINGTON/CAIRO — Qatar said on Tuesday it hopes that shuttle diplomacy between Iran and the UScan lead to a breakthrough despite U.S. President Donald Trump's denial of media reports that he was willing to ease sanctions and release frozen funds in exchange for Iranian concessions on its nuclear program. "We are exchanging messages between the parties, and we're working towards establishing a common ground in order to get into a deal that would save all of us from the repercussions of the conflict," Qatari Foreign Ministry spokesperson Majed al-Ansari told reporters. The U.S. and Iran have failed to find an off-ramp from their war, now in its eighth month. Negotiations appeared to intensify during last week's U.N. General Assembly meeting in New York, but have so far not yielded any agreement to reopen the Strait of Hormuz. Doha once again has emerged as would-be peacemaker after previously playing a supporting role in producing the June memorandum of understanding that led to a brief ceasefire. U.S. and Iranian officials spoke separately with Qatari mediators on Monday. It was uncl

Trump touts AI boss pledge to self-regulate

Sep 30, 2026

Trump touts AI boss pledge to self-regulate

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Xi-Trump summit drew Chinese CEOs. So why couldn't they get a seat at the table?

Sep 30, 2026

Xi-Trump summit drew Chinese CEOs. So why couldn't they get a seat at the table?

As American billionaires gathered at the White House to honor Chinese President Xi Jinping and his wife Peng Liyuan last Thursday, a group of Chinese business leaders spent the evening on the sidelines. They had travelled to the U.S. capital to join the state dinner. But their invitations never arrived. For weeks, their participation was the subject of intense discussion between Washington and Beijing. While it was under consideration until the summit’s final hours, they were ultimately excluded due to poor communication between the two governments, the two sides’ differing views on reciprocity and the White House’s unclear attitude towards Chinese investments in the United States, according to multiple sources. More than 130 high-profile guests attended the dinner, including some of America’s most prominent tycoons. Several were seated at the main table alongside the leaders and first ladies, including Tesla CEO Elon Musk, Nvidia CEO Jensen Huang, Advanced Micro Devices CEO Lisa Su and Apple executive chairman Tim Cook. Of the 134 guests, only 19 were part of the Chinese delegatio

Iran appeals to US voters as American troops leave Iraq

Sep 30, 2026

Iran appeals to US voters as American troops leave Iraq

BAGHDAD/WASHINGTON— Iran's Islamic Revolutionary Guard Corps urged Americans to vote out US President Donald Trump's allies in Congress as US forces were due to withdraw from their remaining bases in neighbouring Iraq on Wednesday in a departure celebrated by Tehran. Meanwhile, Qatar continued to promote its shuttle diplomacy aimed at ending the seven-month-old war between Iran and the United States. Trump once again predicted a swift surrender for Iran. The 26-page letter by the Guards, published on Tuesday, urges Americans to use their political power to remove current leaders from office and reject US support for Israel and military intervention abroad. While the missive was unlikely to sway US voters who may not even see the text published by Iranian media, it identifies issues that US political analysts say are working against Trump and the Republican Party ahead of November 3 congressional elections, when the opposition Democrats could retake control of one or both legislative chambers, potentially impeding Trump's political agenda. "Remove from power the evil, deceitful, and vio

Pakistan vows to defend Saudi Arabia against Iran-backed Houthis by 'whatever means'

Sep 30, 2026

Pakistan vows to defend Saudi Arabia against Iran-backed Houthis by 'whatever means'

ROME — Pakistan will use “whatever means are available” to defend Saudi Arabia against Iran-backed Houthi rebels, the country’s defense minister said Tuesday, offering one of Islamabad’s clearest indications yet that it could become directly involved in the widening regional conflict. Defense Minister Khawaja Muhammad Asif declined to say whether Pakistani forces had already participated in airstrikes. He said, however, that Pakistan’s military capabilities would be available to Saudi Arabia under a new mutual defense pact with Saudi Arabia and Turkey. “I’m not going into detail, but obviously when I say that we are bound by this arrangement to defend Saudi Arabia, that means whatever means are available at our disposal, they’ll be available to Saudi Arabia also. I think that’s a categoric statement,” Asif told reporters during a visit to Rome when asked whether Pakistan had been involved in airstrikes against Iranian operators in Yemen . His response did not explicitly confirm Pakistani participation in any strikes. He also did not say whether Saudi Arabia, which

Why are more Japanese women drawn to Korean men?

Sep 30, 2026

Why are more Japanese women drawn to Korean men?

Marriages between Korean men and Japanese women are rising, the Tokyo Shimbun reported. The newspaper cited the Korean wave, Japanese women's desire to live in Korea and the financial burden of domestic marriage expenses for Korean men as possible factors. The number of cross-border marriages surged following the COVID-19 pandemic, reaching 1,483 last year, according to Korean government data. This marks the highest annual figure since 2000. MoaLove, a matchmaking agency specializing in Korean-Japanese marriages, said its Japanese female membership doubled this year from a year earlier. The agency said most members became interested in K-pop and Korean dramas before joining and many intend to move to Korea after marriage. The agency said social media has fostered greater acceptance of cross-border couples. It added that translation apps have helped ease language barriers, allowing communication even if the men do not speak Japanese. A 38-year-old Japanese freelance worker dating a Korean man cited her personal experience of receiving daily expressions of affection. "Because they treat me

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