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Mabuchi Motor Founder Takaichi Mabuchi Dies at 93 on August 22
Takaichi Mabuchi, founder of Mabuchi Motor (6592.T), dies at 93. He led the company from 1954 to become a global small-motor powerhouse. Stock trades at ¥1,770.50 with Meyka grade A.
Walmart, Target Face 15-Item Self-Checkout Limits in New US Rules
Walmart and other retailers face new self-checkout rules: 15-item limits, mandatory staffing requirements, and lane caps. West Hollywood, New York, Ohio, and Rhode Island are cracking down on theft.
Man Charged With Six Counts of Rape After Brisbane Attack, Arrested at Crime Scene
Jacob Dave Henry Hauraki, 32, charged with six counts of rape after allegedly attacking a woman on her morning walk in Brookfield, Brisbane on August 21. Police arrested him after he returned to the crime scene.
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.
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…
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 Close: Sensex Ends Flat at 77,540, Nifty Holds 24,200 as Bank Gains Offset IT and Auto Drag
Sensex closed nearly flat at 77,540 on Friday, up marginally from the previous close of 77,537.72. The Nifty50 held near 24,235, against Thursday’s close of 24,231.85. Banking and financial stocks like HDFC Life and Power Grid cushioned the index, while IT, FMCG, and auto shares dragged. The muted session reflected cautious global cues as Brent…
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…