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Iran Strikes Tanker in Strait of Hormuz as Shipping Costs Hit $1M Per Day
Iran struck a Togo-flagged tanker in the Strait of Hormuz on September 18. Shipping costs have surged to $1.035 million per day, the first time exceeding seven figures, as geopolitical risk drives up insurance premiums and freight rates.
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.
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.
Acting Navy Secretary Confirms Iran Damaged US Base in Bahrain on September 11
Acting Navy Secretary Hung Cao confirms Iranian attacks caused extensive damage to Naval Support Activity Bahrain, the US Fifth Fleet headquarters. The Navy is now evaluating whether to repair or relocate the base.
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.
Amazon Cargo Plane Crashes at Miami Airport, Kills 5 on September 7
Amazon cargo plane overran runway at Miami airport on Sept. 7, killing 5 in two vehicles. Boeing 767 traveled 1,300 feet past pavement. NTSB investigating landing distance and braking.
Tamil Nadu Goes All-Digital: Driver Licenses and RC Books From Sept 15
From September 15, Tamil Nadu stops issuing physical driver licenses and RC books. All transport documents will be digital only. Citizens can print copies if needed, saving Rs 250 per smart card.
US Trade Deficit Hits $88.6B in July as AI Chip Imports Surge
US trade deficit reached $88.6 billion in July 2026, up 24% from June. AI-driven demand for semiconductors and computers pushed imports to record highs while exports fell 2.1%.
Hilroy Apologizes for Omitting Newfoundland, Cape Breton From Notebook Map
Hilroy apologizes for leaving Newfoundland and Cape Breton off the Canadian map on its notebooks. The company halted distribution and offered replacements after the printing error sparked backlash.