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Business News

Location American Business News for 21 August 2026
Capital.com plans UAE spot crypto services after affiliate wins licence UAE clients will be able to buy and hold crypto through Capital.coms app, expanding beyond price exposure through contracts for difference.
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The Singapore dollar strengthened slightly against its U.S. counterpart, as traders question the efficacy of Treasury Secretary Bessents plans.
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The New York Times Loses Defamation Lawsuit in Alabama

The New York Times - 21 Aug 2026 01:28
The New York Times Loses Defamation Lawsuit in Alabama A 2023 article incorrectly reported that a University of Alabama basketball player was at the scene of a deadly shooting. A jury awarded $9.25 million in damages.
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Samsungs latest AI move could make your next phone more expensive Someone has to pay for smartphone AI upgrades and the most likely candidate is you.
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Gold and bitcoin surge after US bond market selloff; UK economy on firmer footing - business live Rolling coverage of the latest events in global financial markets, the economy and major corporate movesEconomists are also taking heart from the PMI survey, which will come as a welcome positive sign after the less-than...
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Gold Above $4,600 on Weaker Dollar, Debt Fears

Wall Street Journal - 21 Aug 2026 13:15
Gold Above $4,600 on Weaker Dollar, Debt Fears Gold climbed back above the $4,600-an-ounce mark as investors viewed the U.S. Treasurys plans to expand bond buybacks to bring long-term yields lower as a sign of stress, sparking a fresh round of dollar selling.
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Binance says employees questioned in UAE cleared and released Binances employees were cleared and released after providing statements to UAE authorities about third-party fund flows through a company client account, a spokesperson told Cointelegraph.
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Tech is helping grocery stores waste less food. Thats a problem for food banks As supermarkets adopt new tools to predict demand and reduce food waste, food banks say that donations are also shrinking. First, the good news: Grocery stores are getting better at cutting food waste. AI tools can help ...
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Nvidia in Talks to Invest in Data-Center Power Developer Cloverleaf Infrastructure The deal involves an investment of several hundred million dollars and cements the chip makers role in developing data-center projects at the earliest stages.
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Hungary Repeals Strict Crypto Rules to Align With EU MiCA Framework The Hungarian parliament voted to repeal the provisions that required a validation check for crypto asset conversions to be legal. The move also removes crypto-related offenses imposing penalties of up to eight years of ...
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Trump Wants to Revive Keystone XL. The Industry Has a Different Plan. A trio of proposed pipelines would serve the same function-delivering heavy oil from western Canada to Gulf Coast refineries-without the hot-button name.
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Gold Slips Amid Changing Monetary Policy Expectations

Wall Street Journal - 21 Aug 2026 01:16
Gold declined in early Asian trade. The precious metal was likely to continue reacting to changing monetary policy expectations, said Critical Metals.
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Indonesian Billionaires Chandra Asri To Buy Jardine Cycle & Carriages Auto Dealership In Malaysia, Singapore The acquisition will complement existing SIngapore energy business of Indonesian billionaire Prajogo Pangestu's Chandra Asri.
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If Dodgers are put up for sale, previous runner-up Patrick Soon-Shiong is interested Mark Walter won a competition to buy the Dodgers. Now the runner-up is interested in buying the Dodgers if Walter decides to sell the team.
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Tesla recalls nearly 3m vehicles in China over door handle safety risks Recall comes after Chinese authorities said it would ban hidden car door handles commonly seen on Tesla modelsTesla and other carmakers are making a major recall of more than 4m vehicles in China over safety concerns mos...
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The Wild Week When Scott Bessent Was Schooled by the Bond Market The Treasury Departments announcement of a bond buyback stemmed a selloff-but not for long.
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Social Security has some good news for retirees

The Street - 21 Aug 2026 23:33
Social Security has some good news for retirees The 2027 Social Security COLA is projected at 3.4%, the largest increase in four years. Here is what it means for your monthly check and how to use it.
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South Korea Deploys AI to Bust Crypto Market Manipulation South Koreas Financial Supervisory Service has deployed an AI-powered surveillance system to monitor crypto markets and detect unfair trading practices in real time. Algorithms Track Racehorse and Cage Schemes South Kore...
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Boeing Engineers, Technical Workers Reject Four-Year Contract Offer The Society of Professional Engineering Employees in Aerospace voted to allow the unions negotiation team to authorize a strike.
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Oura exploring how its ring could detect brain hemorrhages after Bill Ackman suggests it could have helped his daughter Oura is looking into how its ring could be used to detect brain hemorrhages after Bill Ackman suggested it could have helped his daughter.
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Boeing Engineers and Technicians Reject Contract Offer

The New York Times - 21 Aug 2026 23:03
Boeing Engineers and Technicians Reject Contract Offer The union members also authorized a potential strike if a new agreement is not reached by October.
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NHL sports ETF proposal hides major trap

The Street - 21 Aug 2026 23:03
NHL sports ETF proposal hides major trap Volatility Shares filed for 32 NHL team ETFs, one per franchise. Each would track a scoreboard-linked futures index, not team equity. Here's the catch.
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