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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.
OpenAI’s iMessage Plugin Raises Privacy Stakes for Apple on August 21
OpenAI rolled out an Apple Messages plugin for ChatGPT on Mac that can read, search, and send texts. The feature raises privacy questions despite local processing claims and default approval gates.
European Stocks Post Worst Week Since July: Stoxx 600 Drops 1.14% as Oil Surge and Bond Yields Bite
European Stocks closed a rough week on August 21, 2026, with the Stoxx 600 down 1.14%, its steepest five-day slide since July 6. Rising Brent crude prices and surging bond yields drove the sell-off. Germany’s 10-year Bund yield hit 3.22%, its highest level since 2011, while Brent crude touched $93.56 a barrel on Thursday. Tech…
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…
JBM Auto (JBMA) Share Price Jumps 10% to ₹685 on ₹2,850 Crore Bain Capital Deal Buzz
JBM Auto shares jumped nearly 10% to ₹685 on August 21, 2026, after reports that Bain Capital is considering an investment of up to ₹2,850 crore in the company’s electric vehicle business. The potential deal has brought JBM Auto’s share price back into focus, while heavy trading volume added to the day’s move. Talks are…
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…
Ford Bronco Ute Coming by 2030; F Stock Rated B on Mixed Fundamentals
Ford plans to build a Bronco pickup by 2030 at its Michigan plant. The ute will rival the Jeep Gladiator and may replace the Ranger in North America, though Australian Ranger supply is unaffected.