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Jeanie Buss Contests Family Vote to Sell 17.8% Lakers Stake on August 18
Lakers governor Jeanie Buss contests her siblings’ vote to sell the family’s 17.8% ownership stake to Bob Iger and Josh Kushner, citing a 2017 court ruling that requires co-trustee approval.
AirTag Tracking Exposes Amazon’s Secret Book Destruction for AI Training
Journalists tracked a rare book shipment with an AirTag to Amazon’s Las Vegas facility, confirming the company destroys books after scanning them to train AI models. The discovery raises questions about data sourcing ethics in the AI boom.
Stellantis Recalls 955,000 Vehicles Over Camera Software Flaw on August 18
Stellantis recalls 955,000 Chrysler, Jeep, Dodge and Ram vehicles over rearview camera software glitch. Fix via over-the-air update. No injuries reported.
Trump Threatens Oman, Iran War Deal Expires August 19
Trump’s 60-day Iran deal expires without progress. He threatens to bomb Oman and claims the Strait of Hormuz as U.S. territory as oil prices surge and shipping halts.
Federal Appeals Court Disqualifies Sigal Chattah as Nevada’s U.S. Attorney on August 18
Federal appeals court disqualifies Sigal Chattah as Nevada’s U.S. Attorney, ruling the Trump administration unlawfully bypassed Senate confirmation using vacancy law tactics.
Nike Stock Hits 12-Year Low at $39.09 on August 18, 2026
Nike stock hits 12-year low at $39.09 on August 18, 2026, down 78% from 2021 peak. China revenue fell 11%, direct sales dropped 6%, and analyst outlook remains bleak.
Tyson Foods Closes Three Beef Plants, Lays Off 3,200 as Cattle Shortage Deepens
Tyson Foods closes beef plants in Joslin, Illinois and Eagle Mountain, Utah, laying off 3,200 workers amid a 75-year low in cattle herds. The company also plans to sell its Pasco, Washington facility.
Oil Prices Today: Brent Jumps to $91.30, WTI Hits $85.31 as U.S.-Iran Peace Hopes Fade and Hormuz Risks Rise
Oil prices moved higher on August 18, 2026, with Brent crude trading above $91 a barrel and WTI near $85 as hopes for a U.S.-Iran peace deal weakened. The Strait of Hormuz remains a major concern for traders, as limited tanker traffic could tighten global energy supplies. Iran has taken a harder stance, while the…
LG Electronics, Nvidia Expand Robotics Alliance as Seoul Data Factory Targets 100,000 Hours of AI Training Data
LG Electronics is deepening its robotics partnership with Nvidia at a new data factory in Seoul. Senior executives from both companies met Tuesday, August 18, 2026, at LG’s Yangjae R&D Campus. The facility aims to collect 100,000 hours of robot training data by year-end. That volume equals roughly 12 years of continuous data generation. The…