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Prince Harry Ordered to Pay $18.1M in Legal Costs After Daily Mail Loss
Prince Harry and Elton John ordered to pay £9.54m by August 28 after losing privacy case against Daily Mail. Final costs could reach £34.5m, exposing claimants to massive personal liability.
RFK Jr.’s Son Conor Kennedy Placed on Russia’s Wanted List for Ukraine Service
Conor Kennedy, RFK Jr.’s son and Taylor Swift’s ex, placed on Russia’s wanted list for Ukraine service. Moscow court authorized arrest in absentia; faces 7-10 years if convicted.
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.
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.
Alibaba (BABA, 9988.HK) Stock Falls 3% to HK$125 After Profit Plunges 76%
Alibaba shares fell 3% to HK$125 on Friday after quarterly net income plunged 76%. Net income attributable to shareholders dropped to RMB10.54 billion from RMB43.12 billion a year earlier. Revenue still rose 9% to RMB268.95 billion, beating consensus estimates. The gap between growth and profit came from a sharp jump in AI spending. Investors weighed…
Bitcoin Price Today: BTC Soars 8% to $74,982 as Crypto Rally Explodes; Ethereum, XRP Surge
Bitcoin surged 8% to $74,982 on Friday, August 21, 2026, extending a powerful weekly rally. The cryptocurrency has now climbed nearly 20% since Monday, fueled by a surprise US Treasury policy shift. Ethereum jumped toward $2,300, gaining roughly 18% in 24 hours, while XRP surged past $1.25. Total crypto market capitalization reached $2.56 trillion, up…
Tech Stocks to Watch: Alphabet Lifts 2026 Capex Forecast to $195B-205B
Alphabet is spending more to keep up with demand for artificial intelligence. On July 22, 2026, the Google parent raised its 2026 capital expenditure forecast to $195 billion-$205 billion, up from $180 billion-$190 billion. The increase comes as Google Cloud revenue jumped 82% to $24.8 billion in the second quarter. As AI demand drives higher…
Singapore Director Declared Bankrupt Over SGD 407 Unpaid Workers Case
Ramu Palani Velu, director of KPA Engineering and six other Singapore firms, declared bankrupt after 407 migrant workers lodged claims for unpaid wages totalling months of missed salaries.
Aldi Worker Ordered to Pay $1,230 After AI Drafts Doomed Unfair Dismissal Claim
Fair Work Commission orders Aldi worker to pay $1,230 after AI-generated unfair dismissal claim fails. First ruling punishing a worker for wasting tribunal time with AI-drafted submissions.