The US State Department has notified Congress of plans to close five foreign missions in Grenada, Japan, Indonesia, Cameroon, and Canada, drawing criticism over potential diplomatic vacuums.
GameStop agreed to swap $1.4 billion of zero-coupon convertible notes for stock to retire one-third of its note principal, while quarterly filings revealed most of its Bitcoin holdings were pledged as collateral to Coinbase Credit.
Banks across India will observe various holidays in August due to regional festivals and national observances like Independence Day, with closures varying by state. While branch services will be unavailable on these dates, digital banking services will continue to operate normally.
Capital One asked a federal judge to dismiss the Trump Organization's lawsuit, arguing account closures in 2021 were due to a monthslong anti-money-laundering review, not retaliation for the Jan. 6 Capitol riot as claimed by Trump businesses.
Capital One Financial has formally stated in a court filing that it closed over 300 Trump Organization bank accounts due to anti-money laundering (AML) concerns, marking the first time a bank has publicly linked such issues to Donald Trump's business. This disclosure came as Capital One sought to dismiss a lawsuit by the Trump Organization alleging illegal "debanking" on political grounds.
Capital One Financial has defended its 2021 closure of over 300 Trump Organization bank accounts in a US federal lawsuit, stating the decision was made after an anti-money laundering review. This marks the first time a bank has formally tied AML concerns to the Trump family business.
Capital One defended its 2021 closure of Trump Organization accounts, citing anti-money laundering (AML) concerns in a Florida federal court filing. This marks the first time a bank formally linked AML issues to Trump's business, refuting claims of politically motivated debanking.
Boaters in England are rushing to navigate canals before widespread closures due to extreme heat and drought conditions, which have left waterways several inches down. The Canal and River Trust is implementing restrictions to conserve dwindling water supplies, impacting travel for many narrowboat owners.
18 Delhi Metro stations closed from July 25, 7:30 am due to security for Cockroach Janta Party protest near Jantar Mantar, affecting thousands of commuters for the fourth consecutive day.
Thailand's SEC filed a criminal complaint against Bitkub Online and two former directors, Sakolkorn Sakavee and Thaweesap Rawan, for allegedly providing false information regarding a 2021 cyberattack. Bitkub disputes the allegations, stating disclosure was delayed to prevent a bank run, while considering a potential IPO.
Protests, strikes, and a prolonged internet shutdown in Pakistan-administered Kashmir, particularly Poonch Division, have severely disrupted daily life, impacting healthcare access, education, and businesses. Residents face fuel shortages, expensive transport, and financial difficulties, leading to fading public sympathy for the Joint Awami Action Committee (JAAC) in some areas.
India's energy supply faces intensified challenges as the Bab al-Mandeb Strait closes, adding to Strait of Hormuz disruptions. Three Saudi oil tankers rerouted in the Red Sea due to a Houthi blockade, raising global supply concerns. India sources oil from alternative locations, but long-term blockades could significantly hurt.
Caltrans starts a four-year, $36.4 million project on August 3 to repair 31.7 miles of Highway 4, including Ebbetts Pass in Alpine County, California. The work, delayed for a music festival, aims to improve the aging road while maintaining its layout, with completion expected by autumn 2030.
Chief Justice Surya Kant addressed concerns over Delhi Metro station closures, including Supreme Court Metro, due to student protests, impacting lawyers and litigants. He vowed to intervene if the issue isn't resolved by lunchtime and assured no adverse orders for absent lawyers.
Tropical Storm Bertha made landfall in St. Bernard Parish, Louisiana, with 45 mph winds, causing widespread closures and minor flooding across the Gulf Coast. Forecasters expect it to weaken inland in Texas by Friday, with manageable impacts for coastal communities.
Volkswagen Group's plan to cut 100,000 jobs and close four German factories by 2030 was reportedly rejected by its supervisory board. The company faces challenges with costly tariffs and declining market share in China and North America, impacting profit margins.
Over 24 proposed prediction market ETFs from issuers like Roundhill and Bitwise remain stalled by the SEC, which is scrutinizing fund mechanics and investor disclosures. These ETFs aim to track outcomes of elections, cryptocurrency prices, and commodity values, but regulatory uncertainty delays their market entry.
Volkswagen's labour representatives on the supervisory board rejected a major restructuring plan reportedly including 100,000 job cuts and four plant closures. The plan was voted down 12-7. The company reported an 8.6% drop in Q2 vehicle deliveries.
Typhoon Bavi has caused at least 15 deaths in the Philippines due to landslides. The storm, the largest in over 30 years for Taiwan, is approaching the island with high winds and heavy rainfall, prompting evacuations and preparations. It is also expected to impact eastern China and Japan.
Typhoon Bavi caused at least 15 deaths in the Philippines due to landslides. The storm, the largest in over 30 years for Taiwan, is nearing the island with high winds and heavy rain, prompting evacuations and preparations.
A goods truck lost control on Hong Kong's Central Kowloon Bypass on Friday morning, causing two prefabricated housing components to fall onto the road. No injuries were reported, but the incident led to lane closures and traffic congestion.
A statewide bandh called by student organizations on July 10, 2026, has led to many private schools in Telangana closing. The Telangana School Education Department has not announced an official holiday, and government schools remain open, though some activities may be affected by protests.
Korea plans to mandate ESG disclosures for large companies starting in 2028, but critics argue the rules may outpace corporate governance reforms and companies' ability to comply, citing insufficient infrastructure for accurate data and global trends of scaling back such mandates.
Google's My Ad Center now features 'How this ad was made' info for ads using generative AI. Disclosures will appear automatically for Google's AI tools and can be opted into by brands using other AI, with regional labeling requirements.
