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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.
ACE Robotics CEO: Humanoid Robot Brains to Reach ‘ChatGPT Moment’ by Late 2027 via Embodied AI
Humanoid robots could be heading toward a major advance in AI. On August 21, 2026, ACE Robotics Chairman Wang Xiaogang said embodied AI may reach a “ChatGPT moment” by the end of 2027. The aim is to help robots understand and respond to unfamiliar real-world situations instead of simply following fixed commands. As world models…
Australian Fast Food Chains Shift to Chicken as Costs Soar, August 22
Australian fast food chains are shifting menus toward chicken to combat cost pressures. Guzman y Gomez shares jumped 13% on strong FY26 guidance despite a $26.7M statutory loss from US exit.
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.
Ethereum (ETH) Surges 29% to $2,422 on Record $220M Spot ETF Inflow and Whale Outflows
Ethereum climbed more than 28% over the past 24 hours to trade near $2,409 on August 21, 2026. The rally added $12.4 billion to its market cap, now at $289.4 billion. A record $220.77 million flowed into US spot Ethereum ETFs on August 20, the highest daily inflow since October 28, 2025. Whales pulled large…