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Federal Judge Strikes Down Texas Drag Show Ban for Second Time
Federal Judge David Hittner permanently blocks Texas from enforcing Senate Bill 12, ruling the 2023 drag show ban unconstitutional for the second time due to First Amendment violations.
Welspun Corp Shares Tumble 6% as ₹1,433 Crore Block Deal Changes Hands
Welspun Corp shares tumbled up to 5.94% to ₹2,206.10 on the NSE on August 26, 2026. The drop followed a ₹1,433.44 crore block deal in the morning trading window. MD & CEO Vipul Mathur and promoter group entity Welspun Investments and Commercials were among the sellers in the transaction. The stock had closed at ₹2,345.50…
Tokio Marine Stock Split 15-for-1 on October 1, Dividend Hiked
Tokio Marine Holdings executes 15-for-1 stock split on October 1, 2026, lowers share price to around ¥494, and introduces shareholder benefits program. Dividend adjusted proportionally.
JPMorgan Eases Share Lending Rules to Court AI Wealth, August 25
JPMorgan Chase loosens lending policy on share holdings for SpaceX and Anthropic employees, signaling a strategic shift to capture AI-driven wealth management opportunities.
Melrose Launches £73 Million Compensation Programme After GKN Aerospace Chemical Incident in California
Melrose Industries will launch a compensation programme worth up to £73.4 million ($100 million). The FTSE 100 group’s GKN Aerospace unit suffered a chemical incident at its Garden Grove, California site in May. Melrose said the claims programme opens within weeks and runs into 2027. What Triggered the Compensation Programme An overheating chemical tank at…
Shein Targets $27B (£20B) Valuation in Long-Awaited Hong Kong IPO, Raising to $1.8B
Shein launched its Hong Kong IPO on Monday, August 24, 2026, targeting a valuation of up to 27billion.Thefast-fashionretaileraimstoraiseasmuchasHK13.86 billion, or 1.77billion.ShareswillpricebetweenHK47.60 and HK$49.50 apiece. IPO Structure and Timeline Shein is selling 280 million Class B shares in the offering. The company will confirm its final IPO price on August 31, 2026. Trading on the Hong…
Oriental Hotels Stock Surges Over 5% After Indian Hotels Company Merger Approval
Oriental Hotels shares jumped more than 5% on August 24 after IHCL approved its merger. The Indian Hotels Company and Oriental Hotels boards approved a Scheme of Arrangement. The transaction will combine OHL with its larger associate through an all-stock structure. The scheme remains subject to shareholder, creditor, NCLT, stock exchange, SEBI, and other approvals….
DC Appeals Court Overturns $130K Verdict Against James O’Keefe on August 22
DC Circuit overturns $130,000 judgment against James O’Keefe in Project Veritas case, ruling First Amendment protects undercover journalism from damages tied to publication.
Robinhood Stock Rises 4.63% to $95.77 as MSTR, COIN and CRCL Rally on Treasury Buyback
Robinhood stock closed at $95.77 on August 19, 2026, up 4.63% for the session. Strategy, Coinbase, and Circle all posted stronger gains the same day. The U.S. Treasury’s expanded bond buyback program eased yields and lifted risk appetite across crypto-linked equities. Bitcoin climbed above $68,000, extending gains into $71,600 territory by Thursday morning. Why Robinhood…