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Trump Orders Navy to Ditch Modern Catapults for Steam on New Carrier
Trump orders Pentagon to replace electromagnetic catapult systems with steam on USS Doris Miller carrier within 60 days. Change could cost billions and require more sailors to operate.
Australian Property Investors Flee Outer Suburbs as Budget Tax Changes Bite
Australian property investors are pulling back fastest from outer suburbs after federal budget tax changes and interest rate rises. Investor loan applications down 28% since May.
Bitcoin Today: BTC Stabilizes Near $63,500 as CPI Falls to 3.4%
Bitcoin traded near $63,605 on Thursday, August 13, 2026, holding steady after cooling US inflation data. The Consumer Price Index rose just 0.1% in July, pushing annual inflation down to 3.4% from 3.5%. Bitcoin barely reacted, closing Wednesday at $63,402, down only 0.24%. The cryptocurrency remains locked in a tight consolidation range between $63,600 and…
Meta Removes 756,000 Australian Teen Accounts as Under-16 Social Media Ban Enforcement Tightens
Meta has removed more than 756,000 Australian accounts suspected of belonging to users under 16. The Facebook and Instagram owner confirmed the total on Thursday, August 13, 2026. That figure includes 462,000 Instagram accounts and 294,000 Facebook accounts. Meta shares (NASDAQ: META) closed at $578.27 on Wednesday, down from $599.64 a day earlier. Australia’s world-first…
Vodafone Idea LTD (IDEA) Stock Gains 1.85% as Analysts Assess Q1 Results
Vodafone Idea shares gained 1.85% on Thursday, August 13, 2026, extending gains from last week’s results. The telecom operator reported a narrower Q1 FY27 net loss of ₹3,754 crore, down 43.2% year-on-year. Total income rose 6.4% to ₹11,884 crore, while ARPU climbed to ₹195, the industry’s highest increase. Vodafone Idea shares have now risen for…
Trump Approval Hits 33% as Economy Weighs on Second Term
Trump’s approval rating drops to 33% in latest Economist/YouGov poll, down from 52% at inauguration. Economy and age concerns cited as voters say U.S. is out of control.
Super Micro Computer Stock Surges 9% as $65-72 Billion FY2027 Revenue Outlook Crushes Forecasts
On August 12, 2026, Super Micro Computer (NASDAQ: SMCI) stock jumped about 9% after the company issued a FY2027 revenue forecast of $65 billion to $72 billion. The outlook came in well above Wall Street expectations and pointed to continued demand for AI servers. Quarterly earnings also beat forecasts, while margins improved sharply. That leaves…
Toyota (NYSE: TM) Former Chief Hiroshi Okuda, Pioneer Behind Prius Hybrid, Dies at 93
Hiroshi Okuda, the former head of Toyota Motor, has died at 93. Okuda joined Toyota in 1955 and became president in 1995, before taking over as chairman in 1999 and holding the position until 2006. He is widely remembered for backing the Toyota Prius, which went on sale in Japan in December 1997 as a…
Fly540 Liquidated: Kenya’s Low-Cost Airline Collapses After 20 Years
Fly540, Kenya’s low-cost airline, placed under receivership by Chase Bank and faces liquidation. The airline has been grounded since 2022 after years of debt and operational struggles.