The US Federal Trade Commission and a bipartisan group of 22 states have filed a lawsuit alleging Amazon secretly overcharged over a million advertising customers by manipulating online auctions used to set ad prices, with the alleged scheme netting the company $20bn from advertising customers since 2019. Amazon strongly disputes the claims, but the company's shares fell 2.5% following the announcement.
31 August 2026 · Joy Online →
Fast-fashion retailer Shein made its stock market debut in Hong Kong on Tuesday, raising $1.7bn at a valuation of $26.3bn—a quarter of its previous near-$100bn estimate. The listing follows failed attempts to go public in the US and UK, amid concerns about labour practices, environmental impact, and increased competition.
31 August 2026 · Joy Online →
US President Donald Trump has asked Apple to rename Lake Ontario as Lake America on its Maps platform, following an executive order changing the Great Lake's name. Google made the change for US-based users, though Canadian users still see Lake Ontario, and the renaming has faced pushback in Canada.
31 August 2026 · Joy Online →
A shipment of 40,000 lbs of Pabst Blue Ribbon beer worth $25,000 was stolen from an Anheuser-Busch distribution centre in California after a person presented false documentation. Police are investigating whether this theft and another $45,000 shipment theft on the same day were part of the same fraudulent cargo-theft operation.
31 August 2026 · Joy Online →
American forces attacked two rocket launchers on Larak Island in the Strait of Hormuz, killing and injuring people according to Iran's IRGC, which vowed "response and punishment." Iran responded by striking US military bases in Jordan, with Jordan intercepting eight missiles, and claimed to have targeted an air base in the UAE with drones, though the UAE denied being targeted and confirmed only shooting down a drone.
31 August 2026 · Joy Online →
A flash flood swept through Bright Angel Canyon and Phantom Ranch in the Grand Canyon on Saturday afternoon, killing one person and leaving 15 others missing or unaccounted for. Sixty-two people have been airlifted from the area, with survivors describing the event as terrifying and sudden.
31 August 2026 · Joy Online →
A European Broadcasting Union investigation found that a 532-member WhatsApp group called "Traders of Greater Europe" was used to launder hundreds of millions of euros in cash for organized crime and extremism, including funding to Islamic State militants in Syria. The chat, which contained over 82,000 messages between February and December 2022, used the hawala transfer system to arrange cross-border cash transfers with no paper trail.
31 August 2026 · Joy Online →