Key Takeaways
- A U.S. Appeals Court has upheld a ban on federal immigration arrests in Los Angeles without probable cause, citing concerns over racial profiling and unlawful tactics.
- Kia America ((/stock/000270)) has initiated a recall of approximately 201,149 Telluride SUVs in the U.S. due to a safety issue involving the door belt molding trim, marking its largest recall of the year.
- Armenia and the United States are set to conduct joint military drills, "Eagle Partner 2025," from August 12–20, focusing on peacekeeping and medical evacuation.
- The conflict in Eastern Ukraine saw Russia claim the capture of the village of Oleksandro-Kalynove, while Ukraine reported striking Russia's Ryazan oil refinery.
U.S. Appeals Court Upholds Ban on Federal Immigration Arrests in Los Angeles
A federal appeals court on Friday affirmed a lower court's decision that temporarily bars U.S. government agents from making immigration-related arrests in Los Angeles without probable cause. The three-judge panel rejected the Trump administration's request to pause the lower court's order, indicating that plaintiffs would likely be able to demonstrate that federal agents conducted arrests based on individuals' appearance, language, or residential/work locations.
The ruling stems from a lawsuit filed by the American Civil Liberties Union (ACLU) and joined by the City of Los Angeles and other Southern California municipalities. The lawsuit accused federal agents of employing unlawful police tactics, including racial profiling, to meet immigration arrest quotas. Los Angeles Mayor Karen Bass hailed the decision as a "victory for the rule of law," asserting the city's commitment to protecting residents from racial profiling and other illegal tactics by federal agents.
Kia America Recalls Over 200,000 Telluride SUVs
Kia America ((/stock/000270)) has announced a significant recall affecting approximately 201,149 Telluride SUVs in the U.S. The recall addresses a safety concern where the door belt molding trim can delaminate and detach from the vehicle. This marks the largest recall for Kia in 2025 and follows a series of safety-related issues in recent years, including fire risks and mechanical failures.
While the current issue is less severe than previous recalls, it could amplify investor skepticism regarding the automaker's quality control. Kia's share buyback program, totaling KRW 700 billion to repurchase up to 3.5 million shares in 2025, aims to stabilize its stock price amidst these challenges. The effectiveness of this strategy remains to be seen as the automotive sector navigates broader headwinds.
Armenia and U.S. to Conduct Joint Military Drills
Armenia and the United States are slated to hold joint military exercises, dubbed "Eagle Partner 2025," in Armenia from August 12 to 20. The drills will primarily focus on peacekeeping tasks and medical evacuation procedures, as reported by Russia's Interfax news agency, citing the Armenian Defence Ministry. This collaboration highlights ongoing efforts to enhance military interoperability and training between the two nations.
Eastern Ukraine Conflict: Russia Claims Village Capture, Ukraine Strikes Refinery
In the ongoing conflict in Eastern Ukraine, the Russian Defence Ministry stated on Saturday that its forces have captured the village of Oleksandro-Kalynove in the Donetsk region. This battlefield report could not be independently confirmed.
Meanwhile, the Ukrainian military announced on Saturday that it successfully struck Russia's Ryazan oil refinery, causing a fire on its territory. Ukrainian forces also reported hitting the Annanefteprodukt oil storage facility in the Voronezh region and defense-related facilities in Penza Oblast. These strikes are part of Ukraine's systematic and targeted efforts against facilities supporting the Russian military.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.