
AI-generated summary
The class action lawsuit was originally filed in June 2025, accusing Costco of using misleading titles, such as "Today is the last day to get member-exclusive offers" in membership promotion emails sent between June 2, 2021 and July 7, 2026, to create a false sense of urgency, but Costco actually knew that some promotions would be extended later.
In response to a class action lawsuit in the United States, Costco chose to settle. (Bloomberg)
[Financial Channel/Comprehensive Report] Costco is definitely going to lose money! Costco must pay more than US$14 million (approximately NT$445 million) to settle a class-action lawsuit in the state of Washington, USA. The case accused Costco of sending promotional emails over the years that used themes that may mislead consumers. The judge in the case approved the settlement agreement last week. In addition to the US$14 million, Costco must also pay more than US$4.6 million (approximately NT$146 million) in legal fees to the lawyers representing the class action lawsuit, and to Michael Arland, the representative of the class action lawsuit. Aaland) paid US$2,500 (approximately NT$79,600). Any remaining funds will be donated to the Legal Foundation of Washington, a Seattle-based nonprofit.
This class action lawsuit was originally filed in June 2025. The lawsuit accused Costco of using misleading titles in some member promotion emails sent between June 2, 2021 and July 7, 2026, such as: "Today is the last day to get member-exclusive offers", "Popular offers are only available for 5 days," etc. The plaintiff alleged that these emails created a sense of urgency that "the offers are about to end", but Costco actually knew that some promotions would be extended later, so it allegedly caused consumers to misjudge.
Please read on...
According to Washington State's Commercial Electronic Mail Act (CEMA), no company may include false or misleading information in the subject line when sending commercial emails.
In response to this lawsuit, Costco finally agreed to settle. The settlement agreement applies to all Washington state residents who have received Costco-related emails between June 2, 2021 and July 7, 2026. The deadline to fill out the application form is August 24. According to court documents, as of August 24, a total of 313,275 claim forms were found to be valid, but 5 class action members raised objections.
King County Superior Court Judge Janet Helson formally approved the settlement last week.
Lawyers representing the main plaintiffs in the case did not immediately respond to a request for comment on Wednesday (7th). Costco did not immediately respond to a request for comment but has denied any wrongdoing.
Grasp the economic pulse with one hand. Click here to subscribe to Free Finance Youtube Channel
AI outlook — possibilities, not facts
Costco will review and adjust its email marketing content in the coming months to comply with Washington state commercial email laws.
Likely · Within months

During the National Day holiday, the single-day passenger arrivals and departures of Guangzhou South Railway Station exceeded 1.049 million, becoming the first railway station in the country with a single-day passenger flow of over one million. A total of 5.5943 million passengers arrived and departed during the holidays, a year-on-year increase of 7.4%. The cross-border passenger volume of the Guangzhou-Shenzhen-Hong Kong high-speed rail reached 135,000, a year-on-year increase of 1.7%. The article points out that the increase in passenger flow reflects the improvement in transportation level and regional development vitality in the Guangdong-Hong Kong-Macao Greater Bay Area, and mentions the progress of major projects such as the Shenjiang Railway and the Hongqili Waterway Road-Rail Bridge closure.

The 10-year US Treasury yield stood at 5.22% on Thursday, while Chinese government bonds yielded 1.69% on their first trading day after the National Day holiday, creating a yield gap of about 3.5 percentage points — down from a record 3.7 points on September 9. Jiang Zhenlong of the Chinese Academy of Social Sciences noted the inversion creates asymmetric effects: pressuring yuan asset appeal and capital flows while increasing dollar funding costs.

DeSombre, the U.S. Assistant Secretary of State for East Asian and Pacific Affairs, said that investors have overpriced the risk of conflict in the Taiwan Strait, believing that neither the United States nor China is willing to conflict, and that the current deterrence mechanism is still effective. He emphasized that Beijing would not act rashly when it judged that the operation would not be successful or would require heavy costs, but that deterrence must continue to be credible. The article also mentioned TSMC's key role in the global semiconductor supply chain and the dynamics of U.S.-Taiwan arms sales.

Haoding gave up participating in the cash capital increase of its subsidiary Dingjin Biotechnology and instead subscribed to all shareholders. Every thousand Haoding shareholders can subscribe for 47.5547 new shares of Dingjin. The capital increase price of 40 yuan is far lower than the market price of 80 yuan. It is expected to nearly double the profit. Dingjin's botulinum toxin OBI-858 has completed phase three clinical trials and will be unblinded in November. If successful, it will be launched in Taiwan as soon as 2028.
During the National Day holiday, domestic tourism showed an increasing trend of "touring to the county". The in-depth integration of events and tourism has promoted game-watching vacations to become a new way. At the same time, the trade-in policy for consumer goods continues to be vigorous, the sales of AI smart home appliances have increased significantly, and the penetration rate of smart products has increased. Experts point out that the booming cultural and tourism market and the rise of smart consumption are important directions for expanding domestic demand. Continued and precise efforts on the policy side will support the expansion and quality improvement of consumption in the fourth quarter and beyond.

A rare work of Chinese calligraphy by early Tang dynasty calligrapher Yu Shinan, long presumed destroyed in 1945, sold for HK$177.45 million (US$22.6 million) at China Guardian Hong Kong's autumn auction in Hong Kong on Wednesday, exceeding its hammer price of HK$155 million.