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Josh Kushner and Bob Iger Buy Lakers for Record $12.5B on August 13
Josh Kushner and Bob Iger agreed to buy the Lakers for a record $12.5 billion. The sale needs NBA board approval and may take months to complete.
Toyota Ex-Chief Hiroshi Okuda Dies at 93, Prius Pioneer Gone
Hiroshi Okuda, former Toyota president who championed the Prius hybrid and led the automaker’s global rise, has died at 93. He was the first non-founding family member to lead Toyota in 28 years.
Gold Price Today: XAU/USD Rises 0.7% to $4,400 as Investors Await US CPI for Fed Rate Clues
On August 12, 2026, the spot gold price climbed 0.7% to hover near $4,400 per ounce. Traders pushed XAU/USD higher as global markets braced for key US Consumer Price Index data. Weak July non-farm payrolls added only 23,000 jobs, shifting market expectations for Federal Reserve rate cuts. Middle East geopolitical friction and robust central bank…
Former US Marine Robert Gilman Released From Russian Prison After 4 Years
Former US Marine Robert Gilman released from Russian prison after 4 years on disputed charges. Trump said release was humanitarian basis with no exchange. Gilman headed to Texas military hospital.
Porter Airlines Flight Cancelled After Child Refuses Seatbelt in Victoria, August 6
Porter Airlines cancelled Flight PD444 on August 6 after a child refused to wear a seatbelt. All passengers were rebooked for August 7. The incident sparked debate over airline safety protocols and parental responsibility.
O’Hare Cancels 302 Flights as Thunderstorms Trigger Back-to-Back Ground Stops
FAA ground stops at O’Hare on August 9 and 10 caused 302 flight cancellations and 600+ delays. United Airlines canceled five times more flights than American due to its 48% seat share at the hub.
O’Hare Sets Global Delay Record as Thunderstorms Trigger Back-to-Back Ground Stops
FAA ground stops at Chicago O’Hare on August 9-10 due to thunderstorms triggered 450 delays and 168 arrival cancellations. United Airlines hit hardest with 48% of airport seats.
Intel (NASDAQ: INTC) Upsizes Stock Offering to $20 Billion at $95 a Share, Stock Gains 1% Premarket
Intel Corporation priced an upsized $20 billion common stock offering on August 11, 2026. The chipmaker sold 210,526,315 shares at $95 per share, up from an initial $15 billion target announced Monday. Intel shares gained about 1% in premarket trading Tuesday, recovering after Monday’s 4% drop. The deal reflects surging demand for Intel’s foundry buildout…
Lindsay Clancy Trial Week 3: Psychiatrist Questioned on Medication Decisions
Lindsay Clancy trial continues with psychiatrist Dr. Jennifer Tufts facing cross-examination over medication decisions and telehealth care before the January 2023 deaths of her three children.