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Will Smith Pulled Into $3M Jada Lawsuit as Ex-Friend Seeks His Testimony
Bilaal Salaam seeks Will Smith’s deposition in his $3 million lawsuit against Jada Pinkett Smith. Jada’s lawyers say no subpoena has been served and Will is not required to participate.
Panasonic Recalls 11,480 Toaster Ovens Over Shock and Fire Risk
Panasonic recalls 11,480 Model NB-G200 toaster ovens sold at Amazon and Costco from October 2024 to April 2026 for $170 each. Power cord insulation defect poses shock and fire risk. Full refunds available.
U.S. Strikes Iran for 7th Night as Bridges Fall, Oil Hits $86
U.S. Central Command launched its seventh straight night of strikes on Iran, hitting bridges and port infrastructure. Iran retaliated against Gulf allies. Oil rose above $86 a barrel as Strait of Hormuz shipping hit a three-week low.
SpaceX Stock Crashes Below IPO Price as Rinehart’s A$700m Gain Evaporates
SpaceX shares dropped below their US$135 IPO price, erasing US$903 billion in value. Australian billionaire Gina Rinehart’s estimated A$700m profit from the June listing has been wiped out.
Trump’s New Global Tariffs Loom as $71B Refund Wave Hits Companies
Companies have received $71 billion in tariff refunds after the Supreme Court ruled Trump’s tariffs illegal. Now Trump plans new global tariffs of 10-12.5% starting July 24, affecting UK, Japan, India, Taiwan, and China.
Netflix (NASDAQ: NFLX) Stock Slides 9% as Q3 Revenue and EPS Forecast Miss Wall Street Estimates
Netflix stock slid roughly 9% Thursday after its Q3 forecast missed on two fronts. The company guided Q3 earnings per share to $0.82, below the $0.84 estimate. Netflix also projected Q3 revenue of $12.86 billion, short of the $13 billion consensus. That combined miss overshadowed a mostly in-line second quarter for Netflix. Q2 revenue reached…
New World Development Quietly Renames Kwun Tong Mall from Scramble Hill to The ANGLE
New World Development rebrands Kwun Tong mall from Scramble Hill to The ANGLE. The 50-million-square-foot complex now emphasizes anime, dining, and pet-friendly spaces.
Wise (LSE: WISE) Reaffirms Full-Year Outlook After Q1 Revenue Jumps 25% to $714 Million
Wise reported strong first-quarter results for fiscal year 2027 on July 16, 2026. Net revenue rose 25% year-over-year to $714.0 million for the quarter ended June 30. Transaction revenue climbed 27% to $540.9 million, driven by rising cross-border volumes. Wise reaffirmed its full-year guidance, targeting revenue growth in the middle of its 15-20% range. Active…
Zhongji Innolight Targets Up to $7 Billion in Hong Kong Listing After July 17 Approval
Zhongji Innolight is nearing final clearance for what could become Hong Kong’s largest listing this year. Bloomberg reported on July 15, 2026, that China’s securities regulator was set to approve the deal. That approval clears the path for a Hong Kong Stock Exchange listing hearing this week. Zhongji Innolight now aims to raise to $7…