New York Times business news - September 1
AMZN•Kalshi bars George Santos and fines him $71,356
The prediction market Kalshi said on Monday that it had permanently barred George Santos, the former representative from New York, and fined him $71,356 after finding evidence he engaged in insider trading, the first such ban by the platform.
FTC and 22 states sue Amazon over advertising prices
The Federal Trade Commission and 22 states sued Amazon AMZN.O on Monday, claiming the e-commerce giant secretly made advertising more expensive on its website for more than a million companies.
Army Secretary Daniel P. Driscoll resigns after clashes with Hegseth
Army Secretary Daniel P. Driscoll, the service’s top civilian leader, who clashed repeatedly with Defense Secretary Pete Hegseth over the ouster of key combat-tested Army leaders, handed in his resignation to President Trump on Monday, administration officials said.
1789 Capital leads new Polymarket funding round
Donald Trump Jr.'s venture capital firm, 1789 Capital, is leading a new funding round in Polymarket that values the prediction market at $21 billion, a spokeswoman for 1789 Capital said on Monday.
(Compiled by Bengaluru newsroom)
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