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Diddy’s Lawyers Quit $100M Case Over Six Months of Unpaid Fees
Sean Combs’ civil attorneys withdraw from $100M defamation case, alleging six months of unpaid fees and lack of cooperation. Combs disputes the charges.
Fed Hikes 25bps to 3.75%-4%, Hong Kong Follows With Rate Rise
Fed raises rates to 3.75%-4% for first time since 2023. HKMA hikes base rate to 4.25%. Inflation concerns drive unanimous decision despite Trump opposition.
Hyperliquid USD Rallies 4.3% to $80.59 on Corporate Buyback Plan
HYPEUSD jumped 4.3% to $80.59 after Hyperliquid Strategies expanded equity capacity to $2.5 billion, signaling potential token purchases.
ZOZO Stock Rises 2.8% as Pokémon 30th Anniversary T-Shirt Launch Drives September 15 Retail Momentum
ZOZO stock up 2.8% as the Japanese e-commerce giant launches Pokémon 30th anniversary T-shirt collection on September 18. Pre-orders span 1,025 designs at ¥3,960 each.
Hyperliquid USD Drops 0.8% to $77.84 Amid Leverage Unwind
HYPEUSD fell 0.8% to $77.84 as $150M in crypto longs liquidated. Institutional backing and token burns support the $78 level.
Turkish Airlines Lands Liverpool Shirt Deal Worth £300M Over Five Years
Turkish Airlines replaces Standard Chartered as Liverpool’s main shirt sponsor in a five-year deal worth £300 million, the most lucrative in Premier League history. THYAO stock rose 2.8% on the news.
Denny’s Franchisee Closes 5 Locations in Minnesota, Wisconsin on September 9
Denny’s franchisee M15 Inc. closed 5 locations in Minnesota and Wisconsin on September 9, citing unsustainable debt. The chain has shuttered 155 restaurants over two years as it pursues a turnaround.
RBA Tipped to Raise Rates to 15-Year High by End of September
RBA deputy signals fourth interest rate hike likely by September 28-29 as inflation stays above target. Macquarie Bank forecasts cash rate to rise to 4.6%, a 15-year high, adding $121 to monthly mortgage payments.
Sapporo Shifts Non-Alcoholic Beer to US by Mid-2027 Amid 50% Tariff
Sapporo plans to shift non-alcoholic beer production from Canada to the US by mid-2027 to dodge 50% tariffs. The move affects just 0.5% of Canadian output and remains unconfirmed.