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Mahomes, Kelce Called Out for Downplaying Steakhouse Role in Trademark Lawsuit
1587 Sneakers accuses Mahomes and Kelce of minimizing their role in 1587 Prime steakhouse to escape trademark lawsuit. Court filings show the duo claimed they lack control over the restaurant.

Fun Coffee Ponzi Scheme Collapses: Singapore Woman Loses $400,000 as 200 Investors Lose S$16.3M
Fun Coffee Ponzi scheme collapses after app goes offline July 20. Over 200 investors lose S$16.3 million across Singapore, Hong Kong, Macau. Singapore woman arrested for promoting scheme.

Mondelez Launches KFC Oreo Ghost Candy as Viral Strategy Drives August 7 Growth
Mondelez launches KFC fried chicken Oreos in China and Oreo ghost candy at Walmart this fall, driving earned media and brand momentum as the snack giant battles grocery store competition.

Burger King Retakes No. 2 Spot With 8.5% Sales Surge on August 7
Burger King surpasses Wendy’s as the No. 2 U.S. burger chain with 8.5% Q2 sales growth. Parent company QSR stock rises on strong turnaround execution and Whopper sales surge.

Walmart Recalls Bettergoods Pistachio Nut Butter Over Salmonella Risk
Bettergoods Pistachio Nut Butter sold at Walmart in 19 states recalled due to salmonella contamination. Check lot code LB028ACP04 with January 28, 2027 expiration date. No illnesses reported.

Goodwin Mulls Sale of Defence Engineering Division Supplying Submarine and Warship Components
On August 7, 2026, British engineering company Goodwin confirmed it is reviewing options for its defence engineering division, including the possible sale of a substantial part of the business. The division supplies critical components for UK and U.S. submarines and warships, making the announcement one of the most closely watched developments in the defence sector….

Adani News: AdaniConneX and DE-CIX Launch Chennai Connectivity Hub for 1GW Data Centre
Adani Group’s data centre arm AdaniConneX has partnered with DE-CIX India to launch a new connectivity hub. The point of presence sits at AdaniConneX’s Chennai 1 data centre in the SIPCOT IT Park. This move supports the company’s broader target of building over 1 gigawatt of green data centre capacity nationwide by 2030. The partnership…

Brooklyn Ross Joins Kyle Sandilands Live After Reversing KIIS FM Pledge
Brooklyn Ross leaves KIIS FM after 10 years to join Kyle Sandilands Live as newsreader. The 38-year-old reversed his June pledge to remain at ARN, joining the new show launching August 10.

Asian Shares Mixed as Nikkei 225 Falls 0.3%, Shanghai Gains 0.8%, Oil Rises Over 1%
On August 7, 2026, Asian stock markets ended the session with mixed results as investors responded to fresh economic data from across the region. Japan’s Nikkei 225 fell 0.3%, while China’s Shanghai Composite rose 0.8%, helped by improving confidence in Chinese stocks. At the same time, oil prices climbed more than 1%, adding to concerns…