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Stan Kroenke Buys Angels for Record $4B, Ending Moreno’s 23-Year Tenure
Stan Kroenke buys the Los Angeles Angels for $4 billion, a record MLB valuation. The deal ends Arte Moreno’s 23-year ownership and is expected to close in Q1 2027 pending MLB approval.
Wendell Berry, Kentucky Author and Agrarian Voice, Dies at 92
Wendell Berry, the Kentucky author and agrarian philosopher who published over 50 books and won the National Humanities Medal, has died at 92. He was a towering voice for sustainable farming and rural life.
Scalable Capital Raises Savings Rates to 2.60% on September 1, 2026
Scalable Capital raises overnight account interest to 2.60% p.a. and launches fixed-term accounts at up to 3.00% p.a. as of September 1, 2026. Full details on rates, deposit protection, and how it compares to competitors.
Two Singapore Wealth Gurus Declared Bankrupt; S$5M Investor Funds at Risk
Lim Jian Bin and Jason Fong Wai Hong, who promised guaranteed 15% returns, declared bankrupt in July and April 2026. Over 50 investors have S$5 million tied up in their schemes. Police investigating.
Partners Group Stock Drops 9.7% as H1 Profit Falls 13%, CEO to Step Down
Partners Group stock plunges 9.7% after H1 profit fell 13% to CHF 502 million. CEO David Layton to return to investment role; co-CEO structure returns January 2027.
US Strikes Iran’s Larak Island; Oil Jumps Above $90 on August 31
U.S. forces struck two Iranian rocket launchers on Larak Island on August 31, the first attack in weeks. Iran fired back with missiles at Jordan bases and drones at UAE targets. Brent crude jumped 2.7% to $90.49.
Florida Grand Jury: DeSantis Admin Misappropriated $10M in Medicaid Funds
Florida grand jury finds DeSantis administration misappropriated $10 million from Medicaid settlement meant for low-income children, routing funds to political groups instead.
House Foods Stock Jumps 7% as Ichibanya Sale Looms on September 1
House Foods (2810.T) stock rises 7% to ¥4,000 after confirming sale of CoCo Ichibanya stake. Ichibanya jumps 16% as PE firms show interest in Japan’s 1,500-store curry chain.
Connor Hellebuyck Requests Trade From Jets as Vezina Winner Seeks New Home
Connor Hellebuyck, three-time Vezina Trophy winner, publicly confirms trade request from Winnipeg Jets. The 33-year-old goaltender seeks new team before NHL training camp in September.