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Stellantis Recalls Almost 1 Million Cars; Stock Falls To All-Time Low
Investor's Business Daily32d agobearish
Stellantis Recalls Almost 1 Million Cars; Stock Falls To All-Time Low

Stellantis stock tumbled to a new low on Monday after it announced a recall of almost 1 million vehicles worldwide. The recall is a software issue in the radio systems of Jeep, Dodge and Chrysler brand cars. The glitch interferes with their rear view cameras, the company said, but will be fixed via an over-the-air software update.

Major ice cream brand files Chapter 11 bankruptcy after lawsuit
TheStreet34d agobearish
Major ice cream brand files Chapter 11 bankruptcy after lawsuit

Enjoying a serving of frozen dessert on a hot summer day, or at any time for that matter, has grown in popularity as ice cream store industry growth rose by 5.8% to $7.4 billion in the five years through 2025, according to IBISWorld. The industry grew by 0.9% in 2025 alone. Ice cream company ...

Coinbase, Polymarket, Kalshi Face NYC Prediction Market Investigation
Benzinga Prediction Markets38d agobearish
Coinbase, Polymarket, Kalshi Face NYC Prediction Market Investigation

Coinbase Global Inc. (NASDAQ:COIN) has been swept into New York City’s widening scrutiny of prediction markets, even as the CFTC push back against the state’s attempts to rein in the fast-growing industry. New York City Council Speaker Julie Menin announced...

Millions of consumers could get £70 each after Mastercard lawsuit
Sky News38d agobearish
Millions of consumers could get £70 each after Mastercard lawsuit

Customers can expect payouts of up to £70 as part of a landmark group legal case against Mastercard next year after it settled outside court for £200m. Why is Mastercard paying compensation? The global technology company agreed at the end of last year to pay £200m to settle a legal case launched on behalf of UK consumers a decade ago.

New York City Launches Sweeping Investigation Into Polymarket and Kalshi
The Wall Street Journal38d agobearish
New York City Launches Sweeping Investigation Into Polymarket and Kalshi

The New York City Council is investigating four prediction markets for alleged deceptive marketing practices and targeting minors, opening a new front in the bitter, state-by-state legal war over prediction-market regulation. City Council Speaker Julie Menin sent letters to Polymarket, Kalshi, Coinbase and Gemini Titan, all of which have a presence in New York City, on Aug. 11 seeking answers about how the companies comply with consumer protection laws. In a letter addressed to Polymarket founder and Chief Executive Shayne Coplan, Menin asked for details about Polymarket promotional videos that appeared to depict fake trades and promoted insider trading on social media.

Apple (AAPL) Seeks Injunction In AI Trade Secret Lawsuit
Simply Wall St.43d agobearish
Apple (AAPL) Seeks Injunction In AI Trade Secret Lawsuit

Apple (NasdaqGS:AAPL) has filed a lawsuit against OpenAI alleging misappropriation of confidential AI and hardware technology trade secrets. The complaint seeks a preliminary injunction that Apple says is needed to prevent irreparable harm to its core AI and device development work. The case could bring internal details of Apple's AI research, product security practices, and development processes into public view. Legal and competitive risks around AI intellectual property are back in focus...