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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.
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.
Origin Energy Data Breach Exposes 900,000 Australians’ Details on August 22
Origin Energy confirms 60 customers had full bank account numbers stolen in July 2 breach affecting 900,000 Australians. Company enhances security and works with federal police.
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…
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…
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…
Welspun Corp (WELCORP) Share Price Soars 16% to Record High After ₹17,200 Crore Mega Order
On August 21, 2026, Welspun Corp shares surged after the company won its largest-ever single order, valued at about $1.8 billion (₹17,200 crore). The contract covers pipe supplies from its US manufacturing facility and sent the stock to a record high. The deal also pushed Welspun Corp’s global order book to around $4.4 billion, giving…
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…