Chinese property developer Hui Ka Yan was sentenced to life in prison, marking a milestone in Evergrande's collapse after it accumulated over $300 billion in liabilities.
Iran dismissed President Trump's threats to crush Iran economically, saying years of U.S. sanctions have already failed.
Former Israeli prime minister Naftali Bennett denounced Prime Minister Benjamin Netanyahu as an "anarchist" whose toxic campaigning could endanger his main rival Gadi Eisenkot.
World
Ukrainian forces launched 822 drones at Russia including over 600 toward Moscow, killing at least seven people, with officials calling it the largest Ukrainian drone attack this year.
A Spanish F/A-18 fighter jet shot down a Russian drone in Romanian airspace near Galați after it entered from Moldova.
Chinese property developer Hui Ka Yan was sentenced to life in prison as Evergrande collapsed with more than $300 billion in liabilities.
Business
Walmart shares declined almost 9% on Thursday, their worst day in more than four years, after disappointing quarterly results.
Boeing's engineers union rejected a new contract and voted to strike.
Madison Air agreed to buy Airflow Technologies for $5.4 billion on August 18.
Technology
Google deepened its bet on custom AI chips with a deal giving it up to a $12.2 billion stake in Marvell Technology.
Las Vegas regulators approved thousands of robotaxis to operate on city streets, expanding autonomous vehicle deployment in major metropolitan areas.
Regulators opened Las Vegas streets to thousands of robotaxis, chipmakers secured tens of billions in AI infrastructure debt, and Nvidia moved on a key model-building startup.
Science
GDF15 hormone unexpectedly protects the liver from inflammation and scarring, revealing benefits beyond its known appetite suppression function.
Large Hadron Collider detected an atomic nucleus shaped like a bowling pin, an unusual discovery in particle physics.
AI can predict vaccine response strength before people receive vaccines, potentially enabling personalized immunization approaches.
Economy
The employment index jumped to its highest level since April 2022, with nearly a third of companies reporting they added workers.
The federal funds rate has remained at 3.50-3.75% since December 2025, held steady at every 2026 meeting so far, with the July decision passing 9-3 with three regional Fed presidents dissenting in favor of a rate hike.
A weak July jobs report and cooler-than-feared July inflation report have pulled September rate-hike odds down, though the outcome remains genuinely uncertain.
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