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The General Staff of the Ukrainian Armed Forces: In the past day, the Russian army lost about 1,000 soldiers, as well as 3 armored personnel carriers, 45 artillery systems and other equipment.On October 19th, Russian law enforcement revealed that Ukrainian armed forces were using a satellite system from the British company OneWeb to control unmanned boats in the Black Sea, and that a similar unmanned boat had been captured as a trophy. Sources said Ukraine was using the system as a backup communication channel for the Starlink system. "OneWeb terminals have been integrated into the maritime drone control system. Now, OneWeb is used as a backup communication channel alongside the primary system, the US Starlink," the source said. He explained that unlike Starlink, which uses thousands of low-orbit satellites, OneWeb deploys its network in medium-Earth orbit. This allows for wider coverage per satellite, but requires more complex and expensive user terminals.On October 19, a source in the Russian security department revealed that the number of mercenaries holding American passports killed by the Russian armed forces in special military operations in Ukraine has reached nearly 100. The source said: "Since the end of February 2022, about 100 American citizens fighting alongside Ukrainian militants have been killed in Ukraine." The source pointed out that obituaries of many people have been published on social networks and Ukrainian media.On October 19th, Cui Dongshu, Secretary-General of the China Passenger Car Association (CPCA), stated in a statement that 23 models saw price reductions in September this year (compared to 36 models in the same period last year and 11 models in the same period in 2023), indicating that the current market remains relatively stable. Promotional activity for new energy vehicles remained at a mid-to-high 10.2% in September 2025, an increase of 2.6 percentage points year-on-year and a slight increase of 0.7 percentage points from the previous month. Promotional activity for traditional fuel vehicles reached 23.9% in September 2025, up 1 percentage point from the previous month and 1.9 percentage points year-on-year. The overall wholesale structure of major passenger car manufacturers continued to shift in September, with some mid-segment companies showing signs of gradual growth. Companies such as Geely Auto, Dongfeng Nissan, Xpeng Motors, Xiaomi Motors, and Leapmotor saw strong month-on-month performance. The independent brands of large state-owned groups have achieved strong growth. The independent brands of the five major state-owned groups, including SAIC, Dongfeng, Changan, Chery, and BAIC, increased by a total of 25% year-on-year in September. Among them, the second generation of independent brands of Shenlan, Lantu, Arcfox, and large groups showed strong growth.Nvidia (NVDA.O) CEO Jensen Huang will attend the Asia-Pacific Economic Cooperation (APEC) CEO Summit in South Korea.

Sue Gove Will Become the Permanent CEO of Bed Bath & Beyond

Charlie Brooks

Oct 27, 2022 11:55

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Wednesday, Bed Bath & Beyond Inc (NASDAQ:BBBY) announced that interim CEO Sue Gove would assume the role permanently.


Gove, previously chairman of the company's strategy committee and an independent director, was named interim CEO in June after Mark Tritton was fired in an attempt to reverse the company's commercial slide.


According to the company, the nomination was approved unanimously, and Gove will continue to serve on the board.


Once considered a "category killer" in home and bath goods, the big-box retailer's prospects have worsened due to unsuccessful attempts to sell more store-branded products and a management change.


Gove told Reuters that "regaining market share" is one of her long-term objectives as CEO.


Prior to this, activist investor and billionaire Ryan Cohen had criticized the company for its "overly ambitious" strategy, excessive CEO compensation, and inability to regain market share losses.


Cohen was the company's biggest investor until August, when he sold his 9.8% stake.


Bed Bath & Beyond said at the end of August that it will close 150 stores, decrease personnel, and alter its marketing approach in an attempt to bring its money-losing company around.


A small number of outlets have closed since August, and a bigger number will close "before the end of the year," according to Gove.


Last month, the firm reported a larger-than-expected loss for the second quarter, but said that there were early signs that its efforts to decrease excess inventory were yielding fruit and that it projected its cash flow to achieve parity in the fourth quarter.


Due to Gustavo Arnal's death in September, accounting manager Laura Crossen was named interim chief financial officer.