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Josh Kushner and Bob Iger Buy Lakers for Record $12.5B on August 13
Josh Kushner and Bob Iger agreed to buy the Lakers for a record $12.5 billion. The sale needs NBA board approval and may take months to complete.
Trump Secretly Evacuated From Turkey After Iranian Missile Threat, July 8
President Trump was secretly evacuated from Air Force One in Turkey on July 8 due to a credible Iranian shoulder-fired missile threat. Defense Secretary Hegseth and key aides accompanied him on a smaller C-32A aircraft while Cabinet members remained on the decoy plane.
Trump Secretly Switched Planes in Turkey Amid Iran Threat, August 11
President Trump secretly switched to a smaller military plane in Turkey on July 8 to escape an Iranian threat after a NATO summit. He was smuggled via a catering truck while Air Force One flew as a decoy.
China Intensifies South China Sea Pressure as Australia, Vietnam Strengthen Defence Ties
China expands South China Sea control through island-building and coast guard operations. Australia and Vietnam respond by deepening military ties and maritime security cooperation amid regional tensions.
PNE AG (ETR: PNE3) Shares Plunge Over 20% as Takeover Bids Fall Below Current Market Price
PNE AG shares have plunged more than 20% since Monday’s disclosure that takeover bids fell short of expectations. The German wind farm developer confirmed potential acquirers priced below the company’s current market valuation. PNE AG’s stock hit its lowest level since late April on Tuesday, August 11, 2026. The uncertainty now clouds a sale process…
Burnham Presented Plan to Trade Nuclear Shield for EU Single Market Access
Andy Burnham presented with post-Brexit proposal: UK could rejoin EU single market in exchange for extending nuclear deterrent across Europe and spending 3.5% GDP on defence.
Mudslide Traps 390 Hikers in Nagano; Temporary Bridge Allows Descent
A mudslide in Azumino City, Nagano washed away a bridge on the only road to Mount Tsubakuro’s trailhead, stranding 390 people. A temporary bridge allowed descent on August 9.
QVC Exits Bankruptcy With $5B Debt Cut, Mike George Returns as CEO on August 7
QVC exits bankruptcy with $5 billion debt reduction and $600 million new credit facility. Former CEO Mike George returns to lead turnaround as company relists on Nasdaq under symbol QVCG.
Apple Seeks Injunction Against OpenAI in Trade Secrets Lawsuit on August 04
Apple seeks preliminary injunction against OpenAI over alleged trade secret theft by former engineers. OpenAI denies wrongdoing, publishing internal messages as evidence.