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Lowe’s stock hits 52-week low at 199.2 USD

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American Airlines redesigns Boeing planes in premium push

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American Airlines redesigns Boeing planes in premium push

American Airlines seat in its Flagship Suite.

Courtesy: American Airlines

American Airlines is expanding its push into premium travel on its largest planes.

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The carrier on Wednesday launched its first retrofitted Boeing 777-300ER, which it uses for its most popular long-haul international flights, including routes to London, Tokyo and Sydney.

The new layout on the wide-body plane features 144 premium seats, including 70 lie-flat seats with sliding doors in its Flagship Suite section at the front of the plane.

American said in 2022 that it planned to get rid of its international first class on many of its planes in favor of the single, larger premium cabin at the front of the plane. It started flying the suites last year after facing delays from suppliers.

The lie-flat seats can bring in close to $10,000 on some long-haul international routes compared with $2,000 or much less for a seat in the back.

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There’s also a Premium Economy section, with 44 seats that have privacy headrest wings and adjustable calf and footrests, as well as 30 Main Cabin Extra seats with additional legroom.

There are 186 regular seats in updated plane’s Main Cabin.

American said its full fleet of 20 Boeing 777-300ER aircraft will be retrofitted by next year. The carrier will have a similar but smaller layout on its Airbus A321XLRs.

American Airlines retrofitted Boeing 777-300ER Premium Economy section.

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Courtesy: American Airline

The airline has been trying to catch up to its rivals Delta Air Lines and United Airlines, which have a head start on catering to high-spending travelers. The airline’s new suites are a key part of that strategy.

American has also been working to grow its loyalty program, improve its on-time rate and expand its network. Last week, the airline announced it will add seven international routes to its 2027 schedule, though none of those are on the Boeing 777-300ERs.

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Ford sales fall 10.3% in August as it ramps up F-Series production

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Ford sales fall 10.3% in August as it ramps up F-Series production

Ford F-150 trucks are assembled at the Ford River Rouge Complex on Jan. 13, 2026 in Dearborn, Michigan.

Anna Moneymaker | Getty Images

DETROIT — Ford Motor is increasing production of its crucial F-Series trucks after fires at an aluminum supplier severely impacted output over the past year.

The automaker confirmed Wednesday to CNBC that production of its large, highly profitable “Super Duty” trucks last month hit a 20-year high, while output of F-150 pickups reached their highest level in two years.

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Ford’s F-Series trucks — which include the F-150 and larger “Super Duty” models such as F-250, F-350 and F-450 — were severely impacted by the supplier issues due to their large aluminum bodies and other components.

The Detroit automaker has spent the past year helping aluminum supplier Novelis get the impacted plant in Oswego, New York, back up and running following fires in September and November of last year.

The increases in production mean an influx of pickups are expected to arrive on dealership lots over the coming weeks and months, according to Rob Kaffl, Ford’s head of U.S. sales.

“We’re increasing production. Dealers will start seeing in the next 30, 60, 90 days that ramp-up in production,” Kaffl said Wednesday. “We have a healthy chain of in-transit and in-system.”

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Ford said Super Duty production was more than 39,000 units in August, for its best month since March 2006, while F-150 production was its highest since August 2024.

The Ford Pro business is led by sales of the automaker’s Super Duty trucks that range from the F-150 to commercial trucks and chassis cabs.

Ford CFO Sherry House talks earnings as stock pops in extended trading

The increase in the supply of pickup trucks comes as Ford experienced its eighth consecutive month of year-over-year U.S. new vehicle sales declines in August. The automaker reported Wednesday that sales were down 10.3% for the month compared with a year earlier.

“Our gross availability of products coming in, I would say, is returning back to normalcy – the normal levels our dealers would have,” Kaffl said.

Ford said Wednesday F-Series sales remain off 10.9% through August compared with a year earlier, including a 1.2% decrease last month.

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Ford dealers currently have a roughly 40 days’ supply of pickup trucks, which is about half of what the industry has typically considered a healthy level for those vehicles. Kaffl reiterated that Ford is targeting a days’ supply of the trucks of between 50 days and 60 days, compared with historical industry levels of 75 to 90 days.

“We’re being very intentional to make sure the production is meeting the demand,” he said.

To meet that pent-up demand, Ford has been increasing manufacturing to higher levels than it had last year in an attempt to make up lost production. The Novelis issues are expected to cost the automaker $1.5 billion this year.

In addition to the pickup truck issues, Ford said its sales have been impacted by the discontinuation of two vehicles earlier this year that makes comparisons harder to meet as well as planned lower sales to daily rental fleets.

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Ford also said Labor Day — which is historically a major sales weekend — was a touch comparison since it falls in September this year compared with August of last year.

The automaker noted that despite the year-over-year sales drops, its U.S. retail market share, which excludes sales to fleet customers, has remained relatively level this year at 11.7% in August.

U.S. automakers overall are experiencing slowing sales, with Ford estimating an industrywide decline of 6% in new vehicle sales.

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Daring Foods launches plant-based skillet meals

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Daring Foods launches plant-based skillet meals

LONG BEACH, CALIF. — Daring Foods, a plant-based foods manufacturer, is debuting a line of frozen skillet meals. The line features six meals formulated with Daring Plant Chicken.

Each skillet meal contains 21 grams to 25 grams of protein and 9 grams to 13 grams of fiber.

The Mediterranean-spiced chickpeas and vegetable variety contains chickpeas, peppers, red onion, garlic and shawarma-inspired spices.

The smoky vegetable chili is made with beans and vegetables in a tomato sauce.

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The power grains and greens product is made with quinoa, kale, edamame, red pepper, chili and onion.

The lemon and garlic rotini is formulated with pasta and vegetables in a lemon and garlic sauce.

The teriyaki vegetable stir fry contains broccoli, peppers, mushrooms, water chestnuts and edamame in a teriyaki sauce.

The penne pomodoro features pasta, red peppers, mushrooms and tomatoes in a tomato sauce.

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“We believe the foods people love can be better, and Daring Skillet Meals are an important next step,” said Chris Coburn, chief executive officer of Daring. “They bring that idea to life — familiar, flavorful meals made with Daring protein, vegetables, grains and simple ingredients. It’s another step in expanding what Daring can bring to the table, giving people more convenient ways to eat well without compromising on taste.”

The skillet meals may be purchased at Sprouts Farmers Market stores nationwide.

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Singapore PM salary benchmark updated to $2.85M in executive refresh

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Singapore PM salary benchmark updated to $2.85M in executive refresh

Singapore’s prime minister is set to get a whopping 64% pay increase next month thanks to a boost in ministerial compensation. 

Starting on October 15, Prime Minister Lawrence Wong will see his salary increase to 3.6 million Singapore dollars – roughly the equivalent of $2.85 million USD. 

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Singapore already has some of the world’s highest ministerial salaries. The latest changes to political salaries are the first in 15 years.

For ministers and other political officeholders, Wong clarified that immediate adjustments will be limited to a one-off increase of up to 9%, depending on individual circumstances, including performance.

GORDON CHANG WARNS BEIJING’S PROVOCATIONS COULD SPARK A WAR ‘NO ONE CAN CONTROL’

Lawrence Wong, Singapore's prime minister

Lawrence Wong, Singapore’s prime minister, during an interview at the Bloomberg New Economy Gala Dinner in Singapore, on Wednesday, Nov. 19, 2025. (Lionel Ng/Bloomberg via Getty Images / Getty Images)

He also pledged to donate the entire salary increase he receives to charitable causes for the next five years. 

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“The sums involved are more than what most citizens earn, so I understand why Singaporeans scrutinize them closely,” Wong told parliament. 

TECH BILLIONAIRE ORDERED TO PAY $645M TO EX-WIFE IN SOUTH KOREA’S ‘DIVORCE OF THE CENTURY’

He added that while leaving pay levels frozen would have been “easier politically,” maintaining an updated system is necessary to attract capable people who might otherwise choose careers in the private sector. 

singapore pm lawrence wong

Lawrence Wong, Singapore’s prime minister, speaks during a joint press statement with Narendra Modi, India’s prime minister, not pictured, at Hyderabad House in New Delhi, India, on Thursday, Sep. 4, 2025. (Prakash Singh/Bloomberg via Getty Images / Getty Images)

Under Singapore’s executive compensation model, political salaries are benchmarked against the median earnings of the country’s top 1,000 corporate earners — with a mandatory 40% haircut to reflect public service. 

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Political salaries had remained unchanged since the framework was introduced in 2011. A 2017 review recommended adjustments in line with the benchmark, but the government decided not to raise salaries at the time, while a scheduled 2023 review was deferred amid economic uncertainty.

TRUMP SAYS TAIWAN IS DOUBLING THE SIZE OF CHIPMAKING PLANT IN ARIZONA

Coordinating Minister for Public Services Chan Chun Sing noted in a parliamentary statement that while major corporate CEOs in Singapore earn S$6 million to S$7 million annually, government salaries are not intended to match private sector levels.  

lawrence wong john lee

Lawrence Wong, Singapore’s prime minister, left, and John Lee, Hong Kong’s chief executive, at the Government House in Hong Kong, China, on Friday, March 27, 2026. (Peter Parks/AFP/Bloomberg via Getty Images / Getty Images)

“If money is your main reason for wanting to be a Minister, frankly, you are not the person we are looking for,” Chan said. “We will never be able to match the pay of all the people we hope to get…. But we cannot pretend that such opportunity costs do not exist.” 

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The framework features a “clean wage” structure, with no pensions or hidden perks. Compensation is structured as roughly 65% fixed pay and 35% variable pay, with the variable component reflecting both individual performance and national socioeconomic outcomes such as real GDP growth, unemployment and income growth.

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Singapore’s political salaries remain among the highest globally, structured in part to deter public sector corruption. By comparison, the U.S. president earns a set salary of $400,000 annually, the Swiss president earns roughly $606,000, and the British prime minister receives approximately $230,000. 

Reuters contributed to this report. 

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Treasury Yields Firm As Oil Prices Jump; Bessent Set To Calm ‘Fever’

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10-Year Treasury Yield Near Breakout; Why It Matters For The S&P 500

The 10-year Treasury yield held near a 9-month high 4.8% early Wednesday as crude oil futures surged on the intensifying U.S.-Iran conflict. With long-term yields testing their highest level of President Donald Trump’s second term in office, Treasury Secretary Scott Bessent is set to reveal the scope of his initial attempt to calm what he described as a growing threat…

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Meta Stock Jumps On Buzz From Muse AI Agent

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Meta Stock Jumps On Buzz From Muse AI Agent

Meta Platforms (META) stock jumped in early trading Wednesday, a sign that investors are excited by their initial look at the company’s new AI agent app. The Facebook parent company announced the new Muse app late Tuesday. The tech giant is pitching it as a tool that people can use to help sort email, make reservations and track health goals,…

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Sourdough’s burgeoning appeal grabs spotlight in bread

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College and hospital face off for building award

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23rd ProCon Leicestershire Awards will be held in November

Loughborough College Sports Hall, Loughborough, a finalist in the Medium Non-residential Scheme of the Year category in the 2026 ProCon Leicestershire property and construction awards.

Loughborough College Sports Hall, Loughborough, a finalist in the Medium Non-residential Scheme of the Year category in the 2026 ProCon Leicestershire property and construction awards(Image: ProCon Leicestershire Awards)

A college has two new buildings up against a new hospital research unit in the Medium Non-residential Scheme of the Year category in the 2026 ProCon Leicestershire property and construction awards.

The sports and technology buildings at Loughborough College are competing with the research unit at Leicester General Hospital in this award, which is sponsored by Knights and is one of seven in this year’s 23rd ProCon Leicestershire Awards.

Knight is sponsoring the Medium Non-residential Scheme of the Year category in the 2026 ProCon Leicestershire property and construction awards.

(Image: Knights)

The Medium Non-residential Scheme of the Year finalists are:

Loughborough College Sports Hall, Loughborough, submitted by Stepnell

Loughborough College Sports Centre is a three-storey, 2,750 square metre sports and learning facility designed to support elite performance, teaching excellence and the long-term growth of the campus.

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The scheme is a flagship element of the College’s wider £35 million investment programme and provides a future-ready environment for students, staff and the wider college community.

Delivery took place on a live and operational college campus, requiring careful phasing and proactive coordination to protect student safety and minimise disruption throughout the build.

Leicester Diabetes Centre, Leicester General Hospital, submitted by Stephen George + Partners

Leicester Diabetes Centre, Leicester General Hospital, a finalist in the Medium Non-residential Scheme of the Year category in the 2026 ProCon Leicestershire property and construction awards. Picture: Stuart Hollis/Hollis Photography

Leicester Diabetes Centre, Leicester General Hospital(Image: Stuart Hollis/Hollis Photography)

The Leicester Diabetes Centre Extension is a new research facility at Leicester General Hospital, strengthening the centre’s position as one of the UK’s leading institutions for diabetes and long-term conditions research.

The three-storey extension was designed to maximise the constrained site without compromising the original building. Contemporary materials, including profiled silver metal cladding, distinguish the extension as the next chapter in the centre’s evolution.

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Full-height glazing and the building’s orientation maximise natural daylight, creating bright, welcoming spaces for staff, researchers and visitors to the prominent landmark on the hospital campus.

The Institute of Technology, Loughborough College, submitted by CPW

The Institute of Technology, Loughborough College, a finalist in the Medium Non-residential Scheme of the Year category in the 2026 ProCon Leicestershire property and construction awards.

The Institute of Technology, Loughborough College(Image: ProCon Leicestershire Awards)

The Institute of Technology building at Loughborough College is a flagship development delivering a high-quality, future-focused learning environment for engineering, manufacturing and digital education.

As part of the East Midlands Institute of Technology partnership, the scheme plays a key role in strengthening the region’s position as a centre for advanced technical skills and innovation by addressing critical UK skills gaps in engineering, digital and clean energy.

The three-storey 1,452 square metre facility has been carefully designed to support a modern, industry-aligned curriculum in nine classrooms, four specialist laboratories and two open-plan collaboration spaces.

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The 2026 ProCon Awards logo and the award sponsors Salus and Unique Window Systems

(Image: ProCon Awards)

Russell Dowling, Real Estate Partner at award sponsor Knights, said: “As a passionate supporter of development and innovation across Leicester, Leicestershire and the wider region, Knights are delighted to sponsor the Medium Non-Residential category at this year’s ProCon Awards.

“These awards are pivotal in highlighting the incredible expertise that we have to help drive the built environment sector forward locally and we are proud to show our continued support.”

The 2026 ProCon Awards are backed by two corporate sponsors: Salus and Unique Window Systems. The Leicester Mercury’s Business Live is the media partner.

The other six awards are:

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  • Rising Star of the Year, sponsored by Galliford Try
  • Small Residential Scheme of the Year
  • Medium Residential Scheme of the Year
  • Small Non-residential Scheme of the Year, sponsored by Merali Beedle
  • Large Non-residential Scheme of the Year, sponsored by Procure Partnerships Framework
  • Regeneration Project of the Year, sponsored by NJC Surveys and AR Demolition

All the contenders will be in the spotlight at a Finalist Showcase at the 2025 winner Jewry Wall in Leicester from 6pm on Wednesday October 7.

Finalists and winners will be celebrated at a ceremony on November 12 at Leicester City’s King Power Stadium. Details of all the awards finalists are at: procon-leicestershire.co.uk/procon-awards/2026

Companies keen to attend the Finalist Showcase, the ceremony or to enquire about sponsorship opportunities can contact Allyson Jeffrey on 0116 278 1443 or via email: info@procon-leicestershire.co.uk

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AI Security Institute bypassed by Anthropic model

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AI Security Institute bypassed by Anthropic model

Anthropic did not submit its most powerful artificial intelligence model to the UK government’s AI Security Institute for testing before releasing it last week, the first time the company has bypassed the British body.

Claude Mythos 5.1 was made available only to US vetting organisations. The model, designed specifically for cybersecurity and life sciences, is distributed through what Anthropic calls “trusted access programs” rather than released publicly.

In a blog post last week, the company said the model was “only available to a set of US organisations, though we’re co-ordinating with the US government to expand access to a broader set of domestic and international partners as quickly as possible”. The story was reported by the Financial Times.

Anthropic said access runs through two schemes: a Cyber Verification Program for defensive security professionals, and a Life Sciences Verification Program that it said was developed in partnership with the US government and has enrolled its first participants.

An earlier model in the same family, Claude Mythos, prompted crisis meetings among finance ministers and central bankers over fears the technology could be turned on the global financial system. Canada’s finance minister, François-Philippe Champagne, told media the model was “serious enough to warrant the attention of all the finance ministers”.

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Export controls and access fears

The Trump administration imposed an export ban on the earlier generation of the model over the summer, after the US Department of Commerce flagged concerns that guardrails built into the models could be bypassed. Access was subsequently restored, but the move prompted fears that access to the world’s most advanced models could be cut off without warning.

The AI Security Institute was established in November 2023 by Rishi Sunak, who was prime minister at the time. Now a directorate of the Department for Science, Innovation and Technology, it tests and monitors the latest developments in AI models “to equip governments with a scientific understanding of the risks posed by advanced AI”, according to the institute’s own account of its work.

It is widely seen as a world leader in AI safety and has helped to shape international approaches to AI safety and security. Last week it tested OpenAI’s Astra model, the most advanced offering from the maker of ChatGPT, which was released last Thursday and which OpenAI classifies as having a “critical” level of cybersecurity capability.

The Cabinet Office said: “The AI Security Institute continues to collaborate closely with industry partners, including Anthropic, to make models safer.”

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Researcher resigns over safety

Jacob Coxon, a researcher at Anthropic specialising in training new AI models, has resigned from the company, warning about the dangers of developing ever more powerful models.

Coxon said he had worked for three years at both OpenAI and Anthropic. “Neither company is acting with responsibility. They are racing straight to self-improving superintelligence and gambling with our lives,” he said on X.

Responding to Coxon’s resignation on X, Evan Hubinger, who leads Anthropic’s research on ensuring AI is aligned with human values and intentions, said there was a more than 10 per cent chance that AI could “kill all humans” in the next decade.

“I believe Anthropic is trying its best, but we do not yet have a plan to solve alignment for superintelligence and are not clearly on track to,” he said.

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Separately, the UK Artificial Superintelligence Security Bill, a private member’s bill drafted by the campaign group ControlAI and proposed by the Labour MP Alex Sobel, was due to be presented in parliament yesterday. The bill would prohibit the development of superintelligent AI in Britain and require the government to monitor and restrict possible precursors.

Anthropic was contacted for comment.


Paul Jones

Harvard alumni and former New York Times journalist. Editor of Business Matters for over 15 years, the UKs largest business magazine. I am also head of Capital Business Media’s automotive division working for clients such as Red Bull Racing, Honda, Aston Martin and Infiniti.

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A Smarter Way To Optimize Modern BPO Workspaces

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ASUS NUC 16 Pro

Want to maximize every square meter of your Philippine BPO without sacrificing performance? The ASUS NUC just might be the right solution for your business needs. It occupies up to 80% less desktop space yet delivers full business PC performance. It offers workspace efficiency, business productivity, and office modernity without breaking the bank. What more could you ask for?

The Growing Cost of Office Space

Nothing in this world is ever constant – and that office space you’ve been paying for could be many times the cost of what you’ve originally paid for when you just started out your BPO. With rising commercial rental costs, the need for efficient floor planning also increases.

ASUS NUC 16 Pro
Office space efficiency with the ASUS NUC 16 Pro (Image credit: ASUS)

With a space-saving PC like the ASUS NUC, you get to have more workers on the floor. Workspace optimization with this business-class mini PC helps you maximize your floor density for better office space efficiency.

Why Traditional Desktops Consume Valuable Workspace

Let’s face it. While bulky tower PCs have long been the face of businesses in the modern world, they lead to desk clutter because they occupy more space than space-efficient computing solutions available today.

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Here are some stats for visuals: A 15L tower PC usually measures around 6.1 inches (width) x 11.2 to 11.7 inches (depth) × 13.2 to 27+ inches (height), while the ASUS NUC Pro+ and 16 Series are just around 5.3 inches (width) x 4.6 inches (depth) x 1.6 inches (height).

It’s easy to see now how the traditional tower desktops consume valuable workspace that you could have maximized to add more workers on the floor without crowding.

You even have to deal with cable management challenges with the trusted but older models.

Thanks to the ASUS NUC’s enterprise-ready design, these issues are a thing of the past. Your employees get more workspace, and your IT department won’t face cable management issues from the old computers.

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The ASUS NUC Space-Saving Advantage

Amazingly, the ASUS NUC 16 Pro occupies up to 80% less desktop space than a traditional 15L tower desktop. This easily translates to cleaner workstations, freed-up valuable desk space, and improved employee comfort in high-density contact center environments such as BPO centers like yours.

ASUS NUC 16 Pro
ASUS NUC 16 Pro: Small footprint, big features (Image credit: ASUS)

This modern, space-saving PC’s compact design enables businesses like yours to accommodate more workstations within the same office footprint than traditional tower desktops do, leading to a more scalable workplace infrastructure and better space utilization.

It’s impressive how a change in computers can improve overall operational efficiency so much, right?

Built for Modern Business Environments

Still unsure whether it’s time to shift to this modern space-saving PC range? Here are more advantages of the ASUS NUC:

  • VESA mountable
  • Tool-less upgrade design
  • Easier deployment and maintenance

This computer supports VESA mounting, which allows the device to be mounted behind compatible monitors.

What does this mean for your business? Well, it eliminates desktop clutter and maximizes usable workspace. This could mean a lot for BPOs, especially if you’re operating hundreds or thousands of workstations on the floor.

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The ASUS NUC also features an easy one-hand latch and spring-loaded chassis design. This allows for quick access to memory and storage components. While this is unlikely to be a major concern for your floor workers, it will greatly benefit your IT team’s efficiency. Given that the IT team is generally just a couple of people compared to the rest of your workers, this added efficiency can be highly beneficial to your company.

In short, it can lead to easier workspace deployment and computer maintenance.

Maximizing Floor Density

For BPO companies in the Philippines like yours, smaller workstation footprints help maximize office space and make it easier to accommodate growing teams. Since BPO operations often need to scale quickly to meet client demands, compact workstations such as the ASUS NUC enable more employees to be housed in the same office space without compromising productivity.

ASUS NUC 16 Pro
Maximizing workspaces with the ASUS NUC 16 Pro (Image credit: ASUS)

They also provide greater flexibility in arranging the workplace. Office layouts can be easily adjusted to create additional workstations, training areas, meeting rooms, or support spaces as business needs change. This helps BPOs like yours expand operations, onboard new accounts, and manage business growth more efficiently while reducing the costs associated with relocating or leasing additional office space.

Conclusion & Call to Action

So, you see how ASUS NUC delivers full business PC performance in an ultra-small form factor? This workplace optimization solution helps Philippine BPOs maximize valuable office space while maintaining your business-class performance.

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This simply means that this space-efficient computer allows companies like yours to enjoy the benefits of a compact device without sacrificing productivity, reliability, or even manageability. It benefits your floor workers, your IT team, and the entire business.

So, what are you waiting for? Replace your clunky old tower computers now with this modern space-saving computer to increase your workstation density without sacrificing your workers’ performance.

Joy Adalia
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