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Trip.com Fined SGD 1.05B by China for Hotel Booking Monopoly
China fines Trip.com 5.2 billion yuan (SGD 1.05B) for monopoly abuse in hotel booking. TCOM stock faces regulatory headwinds after record penalty.
Supreme Court Strips Independent Agencies of Firing Protection, July 24
Supreme Court’s Trump v. Slaughter ruling lets the president fire independent agency heads without cause, overturning Humphrey’s Executor. Federal Reserve kept its independence in Trump v. Cook.
Seven-Eleven Japan Warns Stores Over Staff Reselling Pokemon Cards, July 24
Seven-Eleven Japan warned franchise stores after employees and owners hoarded and resold Pokemon cards and anime merchandise. Legal experts say criminal charges are unlikely, but contract termination is possible.
Former French Open Champion Rika Hiraki Arrested Over Romance Scam July 23
Former French Open champion Rika Hiraki arrested on suspicion of romance fraud involving 300,000 yen scam. The 54-year-old denies involvement in the scheme targeting a Kagoshima woman.
Secret Service Agent on Vance Detail Placed on Leave Over Leak Probe July 23
Secret Service agent on VP JD Vance’s detail placed on administrative leave after suspected leak to press about travel plans and security team complaints.
META Stock Drops 2.6% as Instagram Suffers Second Outage in 72 Hours
Instagram outage on July 22 left 3,700+ users unable to send messages or load profiles. Meta stock fell 2.6% as the platform suffered its second major disruption in 72 hours.
Malcolm-Jamal Warner’s Widow Sues His Mother for $1.2M Over Prenup Breach
Malcolm-Jamal Warner’s widow sues his mother for $1.2 million, claiming the late actor failed to honor prenup obligations including a $1 million life insurance policy and $5,000 monthly salary.
Mount Tokachi Erupts in Hokkaido for First Time Since 2004, July 22
Mount Tokachi erupted July 22 for the first time since 2004, sending black smoke 200 meters high. Alert level 2 remains in effect with no major damage reported.
Malcolm-Jamal Warner’s Widow Sues Estate for $1.2M Over Prenup Breach
Widow of Cosby Show actor Malcolm-Jamal Warner sues his mother for $1.2M, alleging breach of prenuptial agreement. Lawsuit filed one year after his drowning death in Costa Rica.