Meta CEO Mark Zuckerberg revealed that Biden administration officials pressured his company to censor COVID-19 content and admitted in a letter to Congress that some content removal decisions were incorrect.

UK Prime Minister Rishi Sunak has canceled a £40 million ($50 million) helicopter contract to address public spending concerns and in response to criticism over his frequent use of RAF jets and helicopters.

Eli Lilly is launching a lower-priced version of its weight loss drug Zepbound to increase access and combat counterfeit versions.

Australia's new "right to disconnect" law allows employees to ignore work communications outside office hours without repercussions, aiming to enhance work-life balance.

The Dutch Data Protection Authority has fined Uber $324 million for transferring European drivers' data to U.S. servers, violating EU data protection rules.

Oil prices are rising due to recent conflicts between Israel and Hezbollah, with fears of Iranian retaliation potentially disrupting global oil supplies and pushing Brent crude to $75-$85 per barrel in September.

A new Kansas City Fed conference study revealed that the Federal Reserve's aggressive rate hikes were essential in gaining public trust and controlling U.S. inflation over the past two years.

Telegram CEO Pavel Durov was arrested in France for allegedly failing to moderate criminal activity on his platform.

Botswana celebrates a historic 2,492-carat diamond find, the largest found in over a century, discovered at the Karowe Mine by Lucara Diamond Corp, and it is expected to set new records in value and mining technology.

Nestlé has ousted Mark Schneider as CEO and replaced him with Laurent Freixe amid recent financial struggles and a drop in stock price. At the same time, analysts express optimism about the leadership change.

Peloton will charge a $95 activation fee for new subscribers who buy used equipment, aiming to cover setup costs and boost revenue, as the company sees a 16% increase in new customers from the secondary market.

Brian Niccol, Starbucks' new CEO, faces criticism for his planned 1,000-mile commute from California to Seattle via corporate jet and his $1.6 million base pay with up to $7 million bonus.

European and US share prices rose on August 22 following Federal Reserve signals of potential interest rate cuts, while the dollar remained weak and oil prices stabilized after a recent decline.

A Greek oil tanker, the Sounion, was set on fire and left drifting in the Red Sea after an attack by gunfire from small boats off Yemen, raising environmental and insurance concerns.

Donald Trump's Florida golf resorts are now the primary source of revenue for his business empire, bringing in around $80 million annually.

Target’s stock surged after reporting a 3% sales increase for its fiscal second quarter and exceeding earnings expectations.

The Consunji family is investing $177 million into DMCI Holdings to fund the purchase of Cemex's Philippine cement business, with the deal expected to boost DMCI's portfolio.

Kamala Harris has proposed raising the corporate tax rate from 21% to 28% to reduce the national debt and support working families if she wins the November election.

California Governor Gavin Newsom has signed 10 new laws to combat organized retail crime, focusing on shoplifting, vehicle theft, and the resale of stolen goods online, with increased penalties for middlemen and stricter regulations for online sellers.

A luxury yacht named "Bayesian" sank off Sicily in a storm, leading to a major search for missing individuals, including Morgan Stanley's Jonathan Bloomer and tech entrepreneur Mike Lynch, with one confirmed dead and 15 rescued.

Canada's Alimentation Couche-Tard has made a $37.5 billion bid to acquire 7-Eleven, valuing 7-Eleven at twice its previous Tokyo listing.

As of August 19, gold prices have hit new highs, with spot gold at $2,508.14 per ounce and U.S. futures at $2,540.8 per ounce, amid rising expectations that prices could reach $3,000 by mid-2025.

The US and China have signed a new financial stability agreement to boost cooperation on key issues like capital markets and cross-border payments.

Congresswoman Nancy Pelosi has criticized California's SB 1047 AI regulation bill as "ill-informed," arguing it could harm rather than help. State Senator Scott Wiener defends it as necessary for ensuring safety in large AI models.

Due to an impending labor dispute, Canada's two largest railroads may face a work disruption soon, threatening to also disrupt the US supply chain for an indefinite amount of days.

Saudi Aramco is expanding its partnership with China by investing in petrochemicals and low-carbon technologies, aligning with China's energy security and sustainability goals.

Fortnite has returned to iPhones in the EU and is now available on Android globally, following a four-year removal from app stores due to payment disputes.

The Nevada Gaming Control Board has accused Resorts World Las Vegas of enabling illegal gambling and failing to address violations related to bookmaking and criminal ties.

North Korea will partially reopen its borders for international tourism by December 2024, allowing travel to Samjiyon and other locations after nearly four years of closure due to COVID-19.

Amazon will test its Prime Air drone delivery service in the UK as part of a trial to explore beyond-visual-line-of-sight operations and integrate drones into UK airspace.