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Mabuchi Motor Founder Takaichi Mabuchi Dies at 93 on August 22
Takaichi Mabuchi, founder of Mabuchi Motor (6592.T), dies at 93. He led the company from 1954 to become a global small-motor powerhouse. Stock trades at ¥1,770.50 with Meyka grade A.
Cardano Jumps 16.4% to $0.2316 as Volume Surges 190% Above Average
ADAUSD rallied 16.4% to $0.2316 on August 22, 2026, with trading volume 2.6x the daily average and RSI entering overbought territory at 69.5.
Block Ordered to Pay $120M CFPB Restitution for Cash App Fraud Failures
Block must pay $45M to states and $75M-$120M to Cash App users via CFPB restitution for fraud failures, account security gaps, and inadequate customer support.
Corus Entertainment Cuts More Jobs at Global News and Radio on August 21
Corus Entertainment confirms fresh layoffs at Global B.C., Global National, News 640, and talk radio. Q3 revenue fell 16% and the company posted a $36.5M net loss.
Hong Kong Silver Bonds 2026 Open for Subscription at 4.25% Rate on August 21
Hong Kong Silver Bonds 2026 now open for subscription until September 4. Guaranteed 4.25% annual rate beats bank deposits at 2-3%. Three-year bonds issued September 15 for Hong Kong residents born 1967 or earlier.
TGS Jumps 2.3% on Brunei Data Brokerage Contract Award
TGS awarded data brokerage rights for offshore Brunei block by Petroleum Authority. Stock rises 2.3% on new contract to market 3D seismic and well data.
Trump Threatens ‘Economic D-Day’ Against Iran as War Enters New Phase on August 21
Trump vows ‘economic D-Day’ against Iran with unprecedented sanctions. Treasury Secretary Bessent promises details August 24. Oil rises to $94 as global allies face pressure to join blockade.
Japan Executes Pachinko Arsonist in First Death Penalty Under Takaichi on August 21
Japan executes 58-year-old Sunao Takami for 2009 pachinko parlor arson that killed five people. First execution under Takaichi administration and first in 14 months.
Stock Market Today: S&P 500 Futures Gain Amid Iran Sanction Threats; Ross Stores Rallies 9% on Strong Q2 Beat
S&P 500 futures climbed 0.2% on Friday, August 21, 2026, following Thursday’s decline. Dow futures gained 65 points, while Nasdaq 100 futures advanced 0.4%. Treasury Secretary Scott Bessent warned the US will impose “the toughest sanctions in history” on Iran. Ross Stores shares jumped 7.92% in after-hours trading on a strong second-quarter earnings beat. Why…