Iran reportedly struck two U.S. bases in Jordan after American forces hit Iranian rocket launchers on Larak Island, the first direct exchange of fire between the two countries in over a month. The clash, confirmed by U.S. Central Command, followed concerns that Iran was preparing to launch sea-mine-equipped rockets into the Strait of Hormuz, and it sent oil prices up more than 3%. Meanwhile, Treasury Secretary Scott Bessent and Fed Chair Kevin Warsh headed to North Carolina for G20 finance meetings, and Trump separately announced a deal giving the U.S. control over more than 65 billion barrels of Venezuelan oil reserves.
cnbc.com
· 2026-08-31
South Korean officials have dismissed a House Judiciary Committee GOP report accusing them of unfairly targeting Coupang, the Seattle-based e-commerce firm often called Korea's Amazon, over a data breach. The report followed South Korean hearings, threats of criminal charges against Coupang's interim CEO, and a record data-privacy fine, actions Coupang says were disproportionate to what it calls a minor breach. Congressional sources and people close to Coupang tell CNBC the standoff is now souring US-South Korea relations and could trigger retaliatory measures.
cnbc.com
· 2026-08-31
After a March 2025 executive order targeted the Community Development Financial Institutions Fund for elimination, B:Side Capital CEO faced an existential threat to the SBA-backed lender's operations. Rather than scrambling for a new strategy, the CEO relied on a previously established written code of decision-making principles to guide the organization through the weekend crisis and present a plan to staff and board by Monday.
entrepreneur.com
· 2026-08-27
The home of Flock Safety's chief executive has had its image blurred out on Google Maps and its listing obscured on Zillow, apparently after users flagged the address in response to privacy concerns about the company's surveillance camera network. Commentators note that such blurring requests are free and available to any homeowner who wants their property hidden from these mapping services.
twitter.com
· 2026-08-27
Gregg Phillips, an election-fraud conspiracy theorist previously ousted from leading FEMA's Office of Response and Recovery, confirmed he is still employed by the Trump administration on administrative leave. He was recently seen visiting the Department of Justice with outgoing pardon attorney Ed Martin, though the nature of his current duties remains unclear.
wired.com
· 2026-08-26
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