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Trump Orders Navy to Scrap Electromagnetic Catapults, Forcing Costly Redesign of USS Doris Miller
Trump directs Pentagon to swap electromagnetic catapults for steam systems on USS Doris Miller within 60 days. Defence experts warn of multibillion-dollar costs and schedule delays.
Prichard Colón Dies at 33, 11 Years After Illegal Blows in 2015 Fight
Prichard Colón, a promising Puerto Rican boxer, has died at 33 after spending 11 years in care following a 2015 fight injury that left him with permanent brain damage and a 221-day coma.
Bitcoin Today: BTC Stabilizes Near $63,500 as CPI Falls to 3.4%
Bitcoin traded near $63,605 on Thursday, August 13, 2026, holding steady after cooling US inflation data. The Consumer Price Index rose just 0.1% in July, pushing annual inflation down to 3.4% from 3.5%. Bitcoin barely reacted, closing Wednesday at $63,402, down only 0.24%. The cryptocurrency remains locked in a tight consolidation range between $63,600 and…
Meta Removes 756,000 Australian Teen Accounts as Under-16 Social Media Ban Enforcement Tightens
Meta has removed more than 756,000 Australian accounts suspected of belonging to users under 16. The Facebook and Instagram owner confirmed the total on Thursday, August 13, 2026. That figure includes 462,000 Instagram accounts and 294,000 Facebook accounts. Meta shares (NASDAQ: META) closed at $578.27 on Wednesday, down from $599.64 a day earlier. Australia’s world-first…
Dhoot Transmission IPO GMP: 30% Listing Gain Expected as Molbio Trails at 16%
Dhoot Transmission IPO GMP stood at ₹259 as of August 9, 2026, signaling a 29.74% listing gain over its ₹871 upper price band. That puts the auto components maker well ahead of fellow mainboard debutant Molbio Diagnostics, whose GMP of ₹132 implies a smaller 16.36% premium over its ₹807 upper band. Both issues close for…
Oracle Layoffs Could Intensify After 21,000 Jobs Were Cut Amid AI Expansion
Oracle layoffs are expected to intensify again before September 1, 2026, according to a Business Insider report from earlier this week. That follows a brutal fiscal 2026 in which Oracle already eliminated 21,000 jobs, roughly 13% of its total workforce, according to its June 22 regulatory filing. Oracle stock closed at $145.48 on August 11,…
Toyota (NYSE: TM) Former Chief Hiroshi Okuda, Pioneer Behind Prius Hybrid, Dies at 93
Hiroshi Okuda, the former head of Toyota Motor, has died at 93. Okuda joined Toyota in 1955 and became president in 1995, before taking over as chairman in 1999 and holding the position until 2006. He is widely remembered for backing the Toyota Prius, which went on sale in Japan in December 1997 as a…
Fly540 Liquidated: Kenya’s Low-Cost Airline Collapses After 20 Years
Fly540, Kenya’s low-cost airline, placed under receivership by Chase Bank and faces liquidation. The airline has been grounded since 2022 after years of debt and operational struggles.
Former US Marine Robert Gilman Released From Russian Prison After 4 Years
Former US Marine Robert Gilman released from Russian prison after 4 years on disputed charges. Trump said release was humanitarian basis with no exchange. Gilman headed to Texas military hospital.