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NBC News Creates New Head of Digital Content Job, Hires Quartz Co-Founder Kevin Delaney

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NBC News has hired Kevin Delaney, a co-founder of Quartz and former Wall Street Journal editor, as its first head of digital content and subscription, a newly created position meant to connect the newsroom with the business side. The move, reported on October 27, signals how much weight the network is putting on its digital and direct-to-consumer ambitions.

What the new role covers

As head of digital content and subscription, Delaney will oversee digital publishing and NBC News’ AI efforts. According to Deadline, Tom Namako, who leads digital publishing, and Hanna Helin, who leads AI initiatives, will report to him. He is also expected to work with Arianna Davis, who runs Today Digital, and Jessica Mailloux, who oversees audience insights.

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Delaney will report to two executives: Catherine Kim, executive vice president of editorial and content, and Sat Brainch, chief business officer of NBCUniversal News Group. That dual reporting line reflects the job’s purpose. In a memo to staff, Kim and Brainch said Delaney would develop content to support new opportunities that drive audience and revenue growth as the company strengthens its digital business and expands its direct-to-consumer offerings.

Why NBC News wants a digital-first leader

The hire follows a busy stretch for NBC News’ digital products. Variety notes that the news division has recently expanded programming on its streaming news channel, NBC News Now, and has launched a subscription product aimed at mobile users. Deadline says the digital subscription service debuted last December. Both outlets describe the post as a way to coordinate editorial output with revenue goals, rather than treating them as separate tracks.

Delaney’s résumé fits that brief. At Quartz, he helped build a site known for presenting news to digital audiences in new ways. He later co-founded Charter, a media company focused on leadership, and Deadline reports he served as CEO and editor in chief of both ventures. Most recently he was editor in chief of the San Francisco Standard, a local news outlet that acquired Charter.

Earlier in his career, he held senior editorial roles at The Wall Street Journal, where Variety says he oversaw digital editorial efforts and helped expand subscription offerings. He also worked at The New York Times and The Information, and he began as a TV producer in Montreal. That mix of broadcast experience, startup work and paywall-era publishing suits a job that spans video, text, AI tools and subscriptions.

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Start date and open questions

Variety says Delaney is slated to start on November 16. Deadline’s wording suggests he already began on that date, but since the report is dated October 27, the start date appears to still be in the future. Neither report details specific products, targets or subscriber numbers, and neither says how the AI work will shape NBC News’ coverage or tools.

For now, the creation of a head of digital content role shows where NBC News sees its growth. Delaney’s early decisions on publishing, AI and subscription content will show how the division plans to turn its expanded streaming and mobile offerings into a durable business.

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Dollar General Lawsuit: FTC and 20 States Cite 29,265 Overcharge Complaints

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The Dollar General lawsuit filed Monday by the Federal Trade Commission and 20 states accuses the country’s biggest small-box discount chain of repeatedly charging shoppers more at the register than the prices posted on its shelves. The case, filed in federal court in Tennessee, puts a retailer built on the promise of low prices in the unusual position of defending the accuracy of those prices.

What regulators allege

According to the complaint, Dollar General kept up the practice for years even though it knew about the problem. Regulators point to at least 29,265 complaints between January 2023 and March 2026 from customers who said the company did not honor marked prices. The FTC says those complaints came from all 48 states where Dollar General operates. It also cites store inspections that turned up pricing errors, and argues the company never adequately fixed them.

The complaint says the overcharges fell hardest on low-income and fixed-income households, who depend on advertised prices to stretch tight budgets. “Dollar General has betrayed the trust of millions of American consumers,” said Christopher Mufarrige, director of the FTC’s Bureau of Consumer Protection, adding that the harm landed on people “already struggling to make their paychecks last.”

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The suit alleges violations of the FTC Act, the Gramm-Leach-Bliley Act and state consumer protection laws. The agencies want a permanent injunction, monetary relief and other remedies. Neither source report specifies a dollar figure.

A history of similar complaints

This is not the first time the company has faced such claims. The FTC says Dollar General paid more than $6 million in penalties under seven settlements with state authorities between 2019 and 2026 over inaccurate pricing. Months ago, it also agreed to an $8.5 million class-action settlement over similar allegations, without admitting wrongdoing. Regulators appear to be treating that record as evidence that the issue is systemic rather than a string of isolated store-level mistakes.

The scale of the company matters here. With more than 21,000 stores, Dollar General sells thousands of everyday essentials, and the complaint argues that even small gaps between shelf and register prices add up across millions of purchases.

The states joining the FTC are Alabama, Arizona, Arkansas, California, Connecticut, Florida, Illinois, Iowa, Kansas, Louisiana, Michigan, Mississippi, Nebraska, New Jersey, North Carolina, Ohio, Oklahoma, Tennessee, Utah and Wisconsin.

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Dollar General fights back

The company rejects the portrayal. In a statement, it said the suit implies it has “abandoned our mission and willfully disregarded the affordability needs of our customers,” and called that “nothing could be further from the truth.” Dollar General says its goal is 100 percent accuracy between shelf and register prices, but acknowledged that, as at other retailers, “occasional price discrepancies can occur.” When they do, it says, store teams are expected to make things right, and it has improved its price-accuracy processes in recent years.

Dollar General also says it cooperated with the investigation, handing over more than 200,000 documents and over 350 gigabytes of data. It says it tried to negotiate a settlement beforehand and was “surprised” when the agencies chose to sue. The company says it will defend the case vigorously.

The central question for the court is likely to be whether the pricing errors reflect ordinary retail slip-ups or a failure to act on known problems. The allegations have not been tested in court, and the number of complaints, while large, is measured against a vast volume of transactions. The outcome could shape how closely regulators police shelf-price accuracy at discount chains that serve budget-conscious shoppers.

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Reckitt sales outlook cut to 3.5%-4.5% growth as shares drop 6% and European prices rise 4%

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The Reckitt sales outlook for 2026 has been trimmed, and the maker of Lysol, Gaviscon and Vanish is leaning on higher prices in Europe to cope with cost pressures linked to the Iran war. The company now expects like-for-like growth in its core business of 3.5% to 4.5% this year, down from a previous range of 4% to 5%. Investors reacted quickly, with shares in the FTSE 100 company down 6% in Tuesday morning trading.

Why the Reckitt sales outlook was lowered

The immediate cause of the downgrade was North America, not Europe. Sales there fell 1.3% in the third quarter after disruption to production of Lysol, the cleaning brand. Chief executive Kris Licht said the region “was below our expectations” and put the problem down to supply rather than demand. “While consumer demand for Lysol remains strong, temporary manufacturing constraints limited our ability to fully meet demand,” he said.

The distinction matters. Reckitt is telling the market that it had customers ready to buy but could not make enough product. It expects Lysol and its wider North American business to rebound in the final three months of the year, once the manufacturing issues are resolved. The company has not been forced to explain a collapse in appetite for its brands, only a bottleneck it says is temporary.

Price rises in Europe offset weaker volumes

Elsewhere, the picture is more mixed. Reckitt said it had taken “selective pricing actions” across Europe to offset inflation caused by the Middle East conflict. Prices rose by 4% in the three months to 30 September.

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That helped the Europe, Australia and New Zealand division return to growth, with like-for-like sales up 0.8% in the quarter. But the headline figure hides a weaker underlying story. Revenue by volume fell 3.2%, meaning shoppers bought noticeably fewer products even as each one cost more. The growth in that division came from pricing, not from selling more.

Reckitt blamed a consumer who remains cautious. “Consumer confidence across the area remains subdued,” it said, pointing to “elevated promotional activity and value-seeking behaviour driving share growth for discount retailers which has impacted volumes, particularly in germ protection.” In plain terms, hard-pressed households are trading down to cheaper rivals, and the pressure is felt most in the germ-protection category, where Lysol competes.

Group growth held up despite the setback

Across the whole core business, like-for-like sales rose 3.3% in the quarter. That figure strips out the Mead Johnson Nutrition business and the disposal of Essential Home. It sits below the range Reckitt now forecasts for the full year, so the final quarter will need to do some work, which is why the promised North American recovery carries weight.

Analysts were not overly gloomy. Chris Beauchamp, chief market analyst at IG, argued that investors should not let the US miss sour them too much on the company’s prospects. “Growth looks much more broad-based,” he said, adding that with North American trading expected to recover in the fourth quarter, “there are still reasons to be optimistic.”

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What to watch next

The revised Reckitt sales outlook leaves two questions. The first is whether Lysol production is back to normal in time to deliver the fourth-quarter rebound the company has promised. The second is how long European shoppers will tolerate higher prices before they switch more heavily to discounters. A 4% price rise carried the European division into growth this quarter, but a 3.2% fall in volumes suggests that tactic has limits if consumer confidence stays weak.

For a company with bases in Hull and Slough and a stable of everyday household names, the quarter shows how a conflict far away can feed through into supermarket shelf prices and shopping habits. The 6% share fall shows how closely the market is watching whether Reckitt can keep delivering both.

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File photo: Deutsche Niederlassung von Reckitt Benckiser – panoramio.jpg by Immanuel Giel, CC BY 3.0, via Wikimedia Commons.

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Shoe Zone Loss of £1m Looms as Shares Plunge 22% and Sales Fall 4.5%

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A Shoe Zone loss of around £1 million is now on the cards for the full year, and investors reacted swiftly, sending shares down by as much as 22% on Tuesday. The Leicestershire-based footwear retailer said revenues fell 4.5% to £142.4 million in the 53 weeks to October 3, and that the start of the new financial year has not offered much relief.

From £2.4m profit to a £1m loss

The company expects an underlying loss of roughly £1 million, compared with a profit of £2.4 million a year earlier. That is a turnaround of about £3.4 million in twelve months. Shoe Zone said the autumn/winter season has been slower than it had expected. This hurt the final weeks of the year, and the weakness has continued into the first quarter of the new one.

The sharp share-price drop suggests the market had not been braced for the warning. It also reflects that the problem is not confined to the year just ended.

Fewer stores, bigger boxes

Store closures also weighed on revenue. Shoe Zone ended the year with 251 outlets, down from 269 in October 2025. Of those, 211 are larger-format stores and 40 are traditional high street shops. The company is relocating and modernising its estate and aims to finish the transition by the end of 2027. In the short term, though, shutting older shops removes sales faster than newer ones can replace them.

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A cautious shopper

Chairman Charles Smith described a “challenging year”, especially the first half. He said consumer confidence was weak and fell further after the Government’s November 2025 budget. He pointed to persistent inflation, elevated interest rates and squeezed disposable income as the main drags.

There were bright spots. Smith said sales held up “when there was a clear reason to buy”, citing the warm summer and the Back-To-School season. The implication is that shoppers are buying what they need and cutting back on discretionary extras, which is a hard environment for a high street footwear chain.

Iran conflict adds fresh cost pressure

The outlook carries further risk. Shoe Zone said the conflict in Iran has pushed up fuel and transport costs and raised the price of the shipping containers it uses to import stock. It has also recently seen sterling weaken against the dollar, which makes goods bought in dollars more expensive. The company said all of these factors “could negatively impact trading”.

It is also waiting on the Government’s October 2026 Budget, which could affect both its costs and shopper sentiment. Until the Budget lands, the company is watching the wider economic and geopolitical backdrop closely.

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For now, the Shoe Zone loss forecast shows how a value-focused retailer is caught between cautious customers and rising supply-chain bills. Its store overhaul is meant to put the business on firmer footing, but the company’s own warning is that the near-term picture is likely to stay difficult.

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File photo: Former Shoe Zone, Boothferry Road, Goole (19th November 2023).jpg by Mtaylor848, CC BY-SA 4.0, via Wikimedia Commons.

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Anthropic IPO Filing Shows $16.3bn in Six-Month Revenue and an $80.7bn Loss

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Anthropic IPO Filing Shows $16.3bn in Six-Month Revenue and an $80.7bn Loss

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The Anthropic IPO moved from rumor to paperwork on Monday, when the maker of the Claude chatbot publicly filed its prospectus with US regulators. The document gives the first audited look at the finances of one of the most closely watched companies in tech. It shows revenue growing at a pace few businesses have matched, alongside losses large enough to fuel the debate over whether the AI boom can pay for itself.

Revenue growth that is hard to overstate

The company’s annual revenue was $41m in 2023 and $386m in 2024. In 2025 it reached $4.585bn, an increase of more than 1,000%. In the first six months of 2026 alone it booked $16.286bn, against roughly $1.1bn in the same period a year earlier, according to City AM’s reading of the filing.

Unlike OpenAI, which has built its brand on a mass consumer product, Anthropic has pitched itself mainly at businesses. As of 30 September it counted more than 14,000 enterprise customers. Of these, 11,900 had generated $100,000 or more in revenue, more than 1,900 had passed $1m, and about 250 had topped $10m. “The speed and depth of our enterprise customer adoption are powerful evidence of Claude’s position at the frontier of AI,” executives wrote.

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An $80.7bn loss, with caveats

Against that growth sits a net loss of roughly $80bn for the first half of 2026. City AM puts the precise figure at $80.7bn. It also reports that about $72bn of that came from non-cash accounting adjustments tied to convertible debt and other financing instruments. Those adjustments mean the headline loss overstates the cash the company burned in the period, though the filing still shows heavy spending. Anthropic lost $42bn in 2025, and it spent $9bn on AI infrastructure in the first half of this year, compared with $7.3bn across all of last year.

The company said it had raised $141.1bn as of the end of June and has taken on $6.2bn in debt to build out its infrastructure. It also spends billions each year on computing power from third parties and has committed hundreds of billions of dollars to future capacity, including cloud agreements with Amazon and Google.

Valuation, timing and the bubble question

The company plans to list on the Nasdaq under the ticker ANT, with Goldman Sachs and Morgan Stanley leading the offering. It confidentially filed in June, and a debut could come as early as November, though no date or price has been set. Analysts and investors have valued Anthropic at more than $1.5tn. Bankers have reportedly aimed for $1.5tn to $2tn, even as recent market volatility has raised doubts about appetite for richly priced AI stocks.

Supporters say the numbers justify the ambition. Jared Carmel of Manhattan Venture Partners, an early investor, argued that a $2tn valuation is not unreasonable: “The market isn’t pricing a chatbot. It’s pricing an infrastructure layer for how every business is going to run.”

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Risks the prospectus spells out

The filing runs to more than 90 pages of risk disclosures. One concerns concentration: a quarter of revenue comes from the top five customers, although none accounts for more than 10% of the business. Losing a few of them could still dent results.

Anthropic also lays out four categories of AI risk: misuse by bad actors, loss of control, authoritarian abuse and economic disruption. The company has faced scrutiny over its safety practices, and a former researcher has accused it and OpenAI of “racing straight to self-improving superintelligence.” The prospectus nonetheless carries the grand language typical of the sector, describing AI agents as “a country of geniuses in a datacenter, available to every organization and sector of the economy.”

For investors, the Anthropic IPO will test a simple question. Will customers keep paying at this pace for long enough to cover the cost of the computing that produces the revenue? The filing does not answer that, but it gives the market real numbers to argue over.

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JetBlue Loss Widens to $257 Million as Fuel Bill Jumps 61% and Shares Sink

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JetBlue Loss Widens to $257 Million as Fuel Bill Jumps 61% and Shares Sink

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The JetBlue loss for the third quarter grew to $257 million, up from $143 million a year earlier, and the airline’s stock hit a new low on the day it reported. Management is arguing that the underlying business is improving, but investors are watching the balance sheet more closely than the margin talk.

The biggest driver was fuel. JetBlue’s fuel bill rose 61% to $868 million for the three months ended Sept. 30. On an adjusted basis, the airline lost 60 cents per share, worse than the 55-cent loss analysts polled by LSEG had expected. Revenue of $2.81 billion landed just under the $2.82 billion forecast.

What management says about the JetBlue loss

CEO Joanna Geraghty framed the quarter as better than it looks. She said resilient demand and strong yields pushed revenue well ahead of the company’s initial expectations, which let JetBlue recapture more of the fuel increase than it first thought it could. She said that momentum has carried into the fourth quarter and pointed to Fort Lauderdale as a standout, even as the airline grows capacity there significantly.

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Demand does appear to be holding up. Fares are up more than 20% this year, and JetBlue says travelers have kept buying anyway. Higher fuel costs have hurt airline profits across the industry, so JetBlue’s problem is not unique. What sets it apart is how little cushion it has to absorb the hit.

Investors focus on liquidity and creditors

The stock is down more than 40% this month. Part of the anxiety comes from a Wall Street Journal report, published Friday, that a group of JetBlue’s senior creditors is working with restructuring adviser PJT Partners. The airline did not address that report in the material available here, but it did lead its release with balance-sheet figures. It ended the quarter with $2.2 billion in liquidity and a $7 billion unencumbered asset base, including $2.8 billion in aircraft and engines.

Those numbers give the company some room, but the JetBlue loss comes on top of a long record of red ink. The carrier last posted an annual profit in 2019. Executives will face analysts on an earnings call Tuesday at 10 a.m. ET, where questions about long-term financial health are almost certain to dominate.

A turnaround plan with strategic setbacks

JetBlue is midway through a multiyear plan to cut costs and raise revenue by investing in premium products. One example is a new domestic first-class section that recently went on sale. The strategy is meant to move the airline toward more profitable customers and away from a business squeezed by bigger rivals.

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Its other paths to scale have been closed off. A federal judge blocked JetBlue’s attempted acquisition of Spirit Airlines, ruling it anticompetitive, and Spirit is now defunct. A judge also stopped a regional partnership with American Airlines that the two carriers said would help them compete in the congested Northeast. JetBlue now has a partnership with United Airlines instead.

The central question is whether better revenue and a premium push can outrun fuel costs and debt pressure. The JetBlue loss suggests the gap is still wide, and the company’s cash and asset cushion will determine how much time the turnaround gets. Tuesday’s call may show whether management can persuade investors and creditors that margins are improving fast enough.

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Strickland shares fall 30pc

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Strickland shares fall 30pc

Shares in Perth-based explorer Strickland Metals were heavily sold off on Monday, in an apparent investor reaction to Serbia’s preliminary election results over the weekend.

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Will A2O Lite Surpass Blackpink’s Legacy? Lee Soo-man’s Record-Breaking Rookies Face a Long Road to the Top

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Will A2O Lite Surpass Blackpink's Legacy? Lee Soo-man's Record-Breaking Rookies

SEOUL, Oct. 26 — Within two weeks of its debut, A2O Lite has become one of the most talked-about new acts in South Korean pop. The girl group is the first in Korea from Lee Soo-man, the producer widely credited with building the modern K-pop industry. Its debut single “Neon” broke a streaming chart record, won a music show trophy, and set off a wave of fan comparisons with some of the biggest girl groups in K-pop history.

That has raised a familiar question among fans: could a rookie group launched with this much attention one day match Blackpink?

Industry observers say the honest answer is that it is far too early to tell. Blackpink’s achievements over the past decade set a bar no girl group has come close to clearing. And A2O Lite’s early run, impressive as it is, has played out almost entirely in South Korea and Greater China.

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A record-breaking start

A2O Lite, a nine-member group under A2O Entertainment, was introduced on Oct. 12 at a joint showcase with the 15-member boy band A2O Soul at the KINTEX convention center in Goyang, just outside Seoul. “Neon” was released the next evening.

About 29 hours later, the song reached No. 1 on the Top 100 chart of Melon, South Korea’s largest music streaming service. Music industry sources told Korean media it was the fastest a rookie group’s debut song had reached No. 1 on the chart since Melon revamped it in 2021. The previous record belonged to the mixed-gender group Allday Project, whose 2025 debut track “Famous” reached the top about three days after release.

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The group also topped the Circle Digital Chart, South Korea’s official music chart, and the K-pop channel M2’s performance video of “Neon” drew 2 million views within a day.

On Oct. 20, A2O Lite won its first music show trophy, taking first place on SBS M’s “The Show” with 7,331 points, about a week after debut.

A2O Entertainment said “Neon” held the top spot on Melon for six straight days from Oct. 15 to Oct. 20. The company also said the song reached No. 4 on Apple Music’s global “Today’s Top 100” and topped several charts on China’s QQ Music. Not every outlet’s chart snapshot lined up exactly: Yonhap News Agency reported that the song had slipped to sixth on Melon by the morning after its first No. 1, before rival tracks traded places at the top.

Outside Asia, the numbers are more modest. Chart data show “Neon” reached No. 107 on Billboard’s Global Excluding US chart, No. 65 on Japan’s combined chart and No. 14 on New Zealand’s Hot Singles chart. It has not entered the main Billboard charts in the United States.

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The Lee Soo-man factor

Much of the attention around A2O Lite comes from the man behind it.

Lee founded SM Entertainment in 1995 and over almost three decades produced or oversaw acts including H.O.T., BoA, TVXQ, Girls’ Generation, SHINee, EXO, NCT and aespa. He left SM after a bitter battle for control of the company in 2023 and sold his stake to HYBE, the agency behind BTS. A noncompete agreement tied to that sale barred him from producing music in South Korea for three years. It expired this year.

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He founded A2O Entertainment in 2024 and first launched a group aimed at the Chinese market before turning to Korea.

“Lee Soo-man is a producer who could almost be described as synonymous with K-pop,” music critic Lim Jin-mo told the Korea JoongAng Daily. “His name itself carries enormous weight, and his track record gives him credibility.”

“Neon” was produced by Yoo Young-jin, Lee’s longtime collaborator and the songwriter behind SM hits such as TVXQ’s “Mirotic,” SHINee’s “Ring Ding Dong” and aespa’s “Black Mamba.” Girls’ Generation member Sunny, Lee’s niece, helped train the rookies, according to The Korea Herald.

At the showcase, Lee spent much of his time on stage presenting technology rather than music. He demonstrated a virtual reality system called 4DGS, developed with Samsung Electronics, which lets viewers wearing a headset move around a recorded performance and watch it from any angle.

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“Photography captured a single moment in a person’s life, while video captured the passage of time and movement,” Lee said. “I think this could be the ultimate form of the camera as a recording device.”

He also urged audiences not to over-analyze the new groups. “I’d ask you to first simply let yourselves feel,” he said.

An old-school sound in a short-form era

The way “Neon” was made is part of why it has drawn attention.

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The track runs 3 minutes and 28 seconds, longer than many current K-pop singles, which tend to come in under three minutes so they work well in dance challenges on TikTok and YouTube Shorts. The song is built around synchronized group choreography, high notes, a cappella passages and a dance break, elements more common in K-pop of the late 2000s and early 2010s. The agency calls its sound “Zalpha pop,” a nod to Generation Z and Generation Alpha listeners.

Critics say the familiarity is both an asset and a risk.

“The familiar names together made A2O feel less like an entirely new company,” critic Lim Hee-yun told The Korea Herald. Lim said “Neon” draws on “elements that were once common in K-pop but have become less dominant as listening habits changed.”

Culture critic Jung Duk-hyun said, “The current response to ‘Neon’ suggests there may be demand for songs with stronger vocal development.” Jung said Lee’s challenge will be to adapt older K-pop’s strengths to current tastes, “rather than simply reproducing the sounds of the past.”

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Another critic quoted by The Korea Herald warned that if every new release is measured against former SM acts, the nostalgia could “eventually become a limitation.”

Fans online have mostly compared individual members to SM-era stars, not to Blackpink. Member Aijing has been nicknamed “Baby BoA,” according to Korean entertainment outlet Star News, and commenters have likened member Oa to Girls’ Generation’s Jessica and S.E.S.’s Eugene. Some critics have called the song “dated,” while others have welcomed it as a break from formulaic releases.

The Blackpink benchmark

Blackpink
Blackpink

Blackpink’s record helps explain why talk of surpassing the group is premature.

Since its debut under YG Entertainment in August 2016, the four-member group of Jisoo, Jennie, Rosé and Lisa has set a long list of firsts for a K-pop girl group:

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  • Charts: Its 2022 album “Born Pink” was the first by a K-pop girl group to top the Billboard 200. It also reached No. 1 on the U.K. Official Albums Chart.
  • Touring: The Born Pink World Tour grossed about $330 million across 66 shows, according to industry tallies. Billboard counted it as the highest-grossing tour ever by a female group.
  • Festivals: Blackpink became the first K-pop girl group to play Coachella in 2019. In 2023 it returned as the first Asian act to headline the festival.
  • Solo careers: The members have built major solo careers. Rosé’s 2024 duet with Bruno Mars, “APT.,” became a global hit.

The group’s decade-long run did not slow in 2025 or 2026. The Deadline World Tour, which began in July 2025 at Goyang Stadium, the venue where A2O Lite would later showcase, played stadiums across North America, Europe and Asia before ending in Hong Kong in January. Stops included Citi Field in New York, the Stade de France outside Paris, Wembley in London and three nights at the Tokyo Dome.

In February, Blackpink released “Deadline,” its first group record in more than three years. It sold 1,461,785 copies on its first day and 1,774,577 in its first week, both records for a K-pop girl group on South Korea’s Hanteo chart. It debuted at No. 8 on the Billboard 200. The lead-up single “Jump” debuted at No. 1 on the Billboard Global 200 in July 2025.

By contrast, A2O Lite has released one digital single and has yet to put out a full album, tour, or make a significant breakthrough in the United States or Europe.

Why comparisons persist

Industry watchers say comparisons with Blackpink are almost unavoidable for any heavily promoted girl group, because Blackpink has become the global benchmark for female K-pop acts.

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The circumstances also invite a rivalry story. Blackpink is a product of YG Entertainment, long one of SM’s main competitors, and A2O Lite is the first girl group from the man who built SM. A2O Lite’s members come from South Korea, Japan, China, Thailand and the United States, a multinational lineup like Blackpink’s, which includes Thai-born Lisa and New Zealand-born, Australian-raised Rosé.

Analysts note that Blackpink’s success was also gradual. The group won over global audiences through a string of singles, YouTube milestones, and appearances at Coachella and on American television before topping the Billboard 200 six years after debut.

A2O Lite also enters a far more crowded market. An unnamed industry official told South Korea’s MoneyToday that competition among “fifth-generation” idols is expected to intensify with the group’s arrival, pointing to rookie acts from SM, HYBE and Starship Entertainment.

Age concerns cloud the debut

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The group’s launch has also faced criticism.

Several members debuted as minors, and the youngest is believed to be 13. Before the debut, fans on social media objected to the lineup’s young ages, according to Korean entertainment site Koreaboo. Some said they would not support the group.

The debate has renewed questions over whether South Korea’s protections for child performers, including limits on working hours and late-night appearances, are adequate in an industry where trainees often begin in elementary school. A2O Entertainment has not publicly responded in detail to the criticism.

Critics say the issue could follow the group as it seeks a wider international audience. Western listeners and media have been increasingly critical of the K-pop industry’s treatment of young trainees.

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What comes next

A2O Entertainment has indicated that A2O Lite and A2O Soul share a fictional universe it calls the “A2O Cosmic Epic.” In that story, the members come from a planet called Soulite, and the company has said members could later form subunits with different lineups. It also unveiled Blooming Talk, an AI-powered fan platform with AI avatars of group members.

The agency describes A2O Lite’s members as bringing “unique colors shaped by their memories and emotions.”

For now, analysts say the group’s priority is turning a viral debut into lasting popularity. Many K-pop acts with strong debuts have struggled to sustain momentum through their second and third releases.

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Blackpink took a decade to build its legacy, through chart records, stadium tours and individual stardom. A2O Lite has been around for two weeks.

The group’s early numbers show that Lee Soo-man’s name still draws big audiences in South Korea. Whether that grows into the kind of global influence Blackpink commands will depend on the next few years: the music, touring, international reach, and how the agency handles the questions surrounding its youngest members.

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Dividends & stock splits: L&T Tech, Shriram Finance among 24 stocks turning ex-record date this week. Do you own?

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Dividends & stock splits: L&T Tech, Shriram Finance among 24 stocks turning ex-record date this week. Do you own?
As many as 24 companies are set to turn ex-record date for dividends, stock splits and other corporate actions during the upcoming week starting October 26.

To be eligible for these corporate actions, investors must hold the shares in their demat accounts as of the respective record dates. The list is tentative, as more companies may announce record dates for dividends, bonus issues, stock splits and rights issues during the week.

Here is the day-wise list of corporate actions to watch out for this week:

October 26 (Monday)

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Hexaware Technologies has fixed Monday as the record date for its interim dividend of Rs 9.5 per share. Midas Fashions will turn ex-record date for a stock split in the ratio of 1:2, meaning that every share with a face value of Rs 10 will split into two shares with a face value of Rs 5 each.


October 27 (Tuesday)
L&T Technology Services has fixed Tuesday as the record date for its interim dividend of Rs 20 per share. Anantam Highways Trust will also turn ex-record date for its dividend.Indian Emulsifiers and Magnus Steel and Infra have fixed Tuesday as the record date for their respective rights issues.

Also read | Jio IPO GMP today: All eyes on telecom major’s mega listing this week. What is grey market signalling?

October 28 (Wednesday)

Cyient has set Wednesday as the record date for its interim dividend of Rs 12 per share, while Nippon Life India Asset Management will turn ex-record date for an interim dividend of Rs 9.5 per share. Meanwhile, Urban Enviro Waste Management has fixed Wednesday as the record date for its rights issue in the ratio of 1:1.

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October 29 (Thursday)

Shriram Finance has fixed Thursday as the record date for an interim dividend of Rs 6.5 per share, CRISIL for Rs 17 per share, and KSolves India for Re 1 per share.

Meanwhile, Chandni Machines will turn ex-record date for a stock split in the ratio of 1:10, where each share with a face value of Rs 10 will split into 10 shares with a face value of Re 1 each.

October 30 (Friday)

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Chennai Petroleum Corporation has fixed Friday as the record date for an interim dividend of Rs 25 per share, Ador Welding for Rs 7.5 per share, Steel Strips Wheels for Rs 1.5 per share, Amwill Health Care for Rs 0.5 per share, Hypersoft Technologies for Rs 0.25 per share, and Sagility for Rs 0.15 per share. DCM Shriram and RailTel Corporation of India will also turn ex-record date for their respective dividends.

Additionally, Galaxy Agrico Exports and Meenakshi India will turn ex-record date for stock splits. Interactive Financial Services will turn ex-record date for its rights issue.

Also read | Nifty bears tighten grip as crude, geopolitical risks, FII outflows mount: 5 factors to decide D-Street’s fate next week

Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here.

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Slideshow: Operators lean on limited-time menu innovations

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Slideshow: Operators lean on limited-time menu innovations

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KANSAS CITY — Foodservice operators are utilizing limited-time menu items to spur menu innovation.

For instance, fried chicken maker Jollibee has unveiled its honey garlic menu. The collection is aimed at consumers seeking sweet and salty flavor pairings and includes two items: honey garlic bone-in fried chicken and a honey garlic chicken sandwich. Both offerings feature a house-made honey garlic glaze.

“With our new honey garlic fried chicken and chicken sandwich, we’re delivering the perfect balance of familiar comfort and bold flavor innovation,” said Luis Velasco, senior vice president and marketing head, Jollibee North America.

Cracker Barrel Old Country Store has introduced its holiday menu featuring two new menu items. The company’s cinnamon swirl pancakes merge its existing cinnamon swirl french toast recipe with a pancake format, with cinnamon filling and cream cheese icing. The country fried turkey sandwich combines turkey tenderloin with gravy and cranberry relish served on a toasted bun.

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Red Robin Gourmet Burgers intends to deliver a “premium” burger experience with its latest menu innovation, the prime rib stack burger. The limited-time item features a beef patty topped with sliced prime rib, caramelized onions, Monterey Jack cheese and garlic aioli on a brioche bun.

“Burgers are in our DNA, and we wanted to create a burger that brings a little extra indulgence to the table,” said Brian Sullivan, executive chef and vice president of culinary and beverage innovation at Red Robin.

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US oil company plans first well in Greenland in 2027 amid Trump push

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US oil company plans first well in Greenland in 2027 amid Trump push

An American company says it’s positioned to tap into a potentially massive oil prospect in Greenland next year, following President Donald Trump’s announcement that resource exploration “is getting ready to begin” on the Arctic island.

Greenland Energy Company is in the permitting process to drill its first well in 2027 in eastern Greenland, according to CEO Robert Price. The company claims that its project, in partnership with British company 80 Mile, holds the sole oil permits for exploratory drilling in Greenland, which makes it a potential key player in Trump’s interest in Greenland’s resources.

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Trump announced on Truth Social last week that “massive” resource exploration was expected to start in Greenland.

“Massive Oil, Gas, and Mineral Exploration is getting ready to begin in our new and beautiful Greenland!” Trump posted on Truth Social.

TRUMP ANNOUNCES MASSIVE OIL, GAS AND MINERAL EXPLORATION PLANS IN GREENLAND, TOUTS NATIONAL SECURITY BENEFITS

Satellite view of Jameson Land Basin.

Satellite imagery shows Jameson Land Basin in East Greenland, the proposed site for Greenland Energy Company’s oil drilling project. (Gallo Images/Orbital Horizon/Copernicus Sentinel Data 2026 / Getty Images)

“There are Experts that are saying that the amount of easily available Oil is far greater than that of almost any land, anywhere in the World and, even more importantly, from a Security Purpose in the Defense and Offense of both the United States of America, and Europe, is second to none,” he continued.

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Trump’s announcement did not specify details about how or when resource exploration would begin in Greenland.

Greenland’s government stopped granting new oil and gas permits in 2021 over concerns about the environmental impact of oil extraction. However, existing permits granted before 2021 remain valid, pending additional government approval for extraction.

According to Greenland’s Ministry of Business and Mineral Resources, White Flame Energy, which is owned by 80 Mile, obtained two permits in 2015 and a third in 2018 for exploratory drilling and possible extraction of oil in Jameson Land in eastern Greenland. Price’s company, Greenland Energy has partnered with the British company as an investor in the endeavor and will act as the operator of the project.

Price says the project has drawn the attention of governments and investors due to the potential significance the oil might have to reduce U.S. dependence on foreign oil supplies. According to Price, an independent engineering report found that the planned drilling site could contain up to 13 billion barrels of crude oil.

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The exact quantity of oil present in the Jameson Land Basin and whether the oil can be economically extracted will not be known until exploratory drilling occurs.

TRUMP’S GREENLAND OBSESSION ISN’T RANDOM. HERE’S WHAT’S AT STAKE

A view of a container ship in the harbor in Nuuk, Greenland.

A container ship floats in the harbor in Nuuk, Greenland. The Arctic island is a geographically strategic location for the U.S. military. (Julia Wäschenbach/picture alliance/Getty Images / Getty Images)

Price has positioned his company’s project as a long-term solution to slow down chokepoints in the global supply chain caused by conflicts like the war in Iran.

“If we’re successful, or even partially successful, this could really help some of the chokepoints in the Middle East. So of course the U.S. government has been acknowledging what our project is and monitoring it,” Price told Fox Business.

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According to Price, measurements taken at the surface of the proposed drilling site show that the crude oil Greenland Energy Company intends to extract genetically matches oil found in the North Sea, which means European refineries may have existing capabilities to process it.

TRUMP’S AMBITIOUS ENERGY BET COULD BE A WINNING HAND AS THE WORLD BURNS MORE OIL, GAS THAN EVER

Finding new oil supplies in “friendly jurisdictions” is essential to the United States maintaining its independence from foreign oil supplies, Price says.

“It’s incumbent upon the United States to look beyond the shale plays for a supply of energy moving forward,” said Price.

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“That supply is dwindling, and that’s why we need to look to friendly jurisdictions like Greenland to bring on new supplies of oil for the people of the United States and the European community,” he continued.

Greenland’s government said that the Jameson Land project remains in the exploration phase, and exploratory drilling cannot start until environmental social impact assessments are approved. The government previously objected to the project’s proposed timeline to drill in the winter of 2026/2027, according to a statement on its website.

Price told Fox Business that his company has filed all environmental reports and plans to drill its first well at some point in 2027.

TRUMP’S MASSIVE GREENLAND DEAL MAKES CLEAR WHO CONTROLS THE ARCTIC’S STRATEGIC FUTURE

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The leaders of the United States, Denmark and Greenland hold up signed agreements.

President Donald Trump, Denmark’s Prime Minister Mette Frederiksen and Greenland’s Prime Minister Jens-Frederik Nielsen sign a trilateral security deal on the sidelines of the 81st United Nations General Assembly in New York, on Sept. 22, 2026. (Brendan SMIALOWSKI / AFP via Getty Images / Getty Images)

Price is also president of USFM Corporation, a private company that is drilling for minerals, including cobalt, nickel and platinum, in western Greenland.

Price said that the security of Greenland is essential to both the future of both USFM’s mineral exploration and Greenland Energy’s potential oil drilling. He pointed to a recent security agreement between the U.S., Greenland and Denmark as important part of continuing resource exploration on the island.

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The three nations signed a trilateral agreement at the United Nations General Assembly in September. The security agreement permanently cements U.S. military rights in Greenland while affirming Greenland’s right to self-determination.

“Now we have clarity. Part of that clarity is Greenland Energy and USFM. We’re going to be in Green Land a very long time,” Price said. “We embrace the trilateral agreement because for a company like ours, having certainty in the security of Greenland for our long-term investment is very important.”

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The security agreement does not affect existing oil permits or guarantee American resource exploration in Greenland.

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Greenland’s government declined to comment on Trump’s Truth Social announcement.

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