SoftBank's massive investment in French data centers underscores Europe's growing role in AI infrastructure, while AI continues to advance by solving complex math problems and expanding into robotaxi services, despite questions about AI's impact on employment and its potential use in military decision-making.

• SoftBank to Plow $52 Billion Into French Data Centers — Wall Street Journal -
• SoftBank pledges €75bn to build Europe’s biggest AI facility in France — Financial Times -
• A.I. Doesn’t Have to Mean Layoffs — The New York Times Business -

• UK military looks at allowing lethal strikes without human approval — Financial Times -
• A Famous Math Problem Stumped Humans for 80 Years. AI Just Cracked It. — Wall Street Journal -
• Robotaxis Are Spreading Across the U.S.—and So Is the Backlash — Wall Street Journal -

China's rise in drug development is sparking alarm in the US, while US-China ties are deemed better than in years by some officials, and renewed calls are made for a European Security Council amidst US disengagement and Russian aggression, alongside ongoing discussions about Brexit's future, Trump's patient approach to an Iran deal, and maritime security concerns in the Strait of Hormuz.

• China’s Rise in Drug Development Looms Over U.S. — The New York Times Business -
• Hegseth says US-China ties are ‘better than in years’ — Financial Times -
• It is time for a European Security Council — Financial Times -

• Submit your questions: Ten years on, what’s next for Brexit? — Financial Times -
• Trump will remain ‘patient’ in pursuit of a deal with Iran, says Hegseth — Financial Times -
• Ships Are Sailing ‘Dark’ to Sneak Out of Strait of Hormuz — Wall Street Journal -

Concerns about sky-high IPO valuations for companies like SpaceX, OpenAI, and Anthropic are raising questions for ordinary investors, while allegations of conflicts of interest surface regarding a DOGE official discussing contracts for firms he invested in, and key themes for US stock investors continue to evolve amidst a focus on Wall Street's approach to massive public offerings.

• Sky-High I.P.O. Pricing Isn’t Great for Real People — The New York Times Business -
• DOGE Official Discussed Contracts for Companies Backed by Firm He Invested In — Wall Street Journal -
• Five emerging themes for US stock investors — Financial Times -

• For Wall Street, the Only Thing Worse Than SpaceX Flopping Is Missing Out — The New York Times Business -

Jill Biden's memoir is reviving painful memories for Democrats striving to move forward, and Trump's strategic choices in Texas are seen as potentially impacting the Senate race, illustrating the ongoing political landscape.

• Jill Biden’s memoir revives painful memories as Democrats try to move on — Financial Times -
• Trump, Texas and the risk of a Pyrrhic victory — Financial Times -

Bulgaria faces an excessive deficit procedure shortly after joining the euro, while UK political parties like the SNP face scrutiny over spending scandals and the Greens consider policy adjustments for potential coalition governments, alongside debates over wealth taxes, discussions about Germany's political leadership, and concerns over Britain's delayed intervention for vulnerable children.

• The very British banality of the SNP’s shopping scandal — Financial Times -
• Bulgaria to be punished for deficit only months after joining euro — Financial Times -
• Greens discuss downgrading some policies to prepare for possible UK coalition — Financial Times -

• Wealth tax fears reignited by UK leadership uncertainty — Financial Times -
• London Stadium back in spotlight after West Ham’s Premier League exit — Financial Times -
• European fishing nations call for cormorant cull — Financial Times -
• Germany’s Merz struggles to contain ‘chancellor swap’ talk — Financial Times -
• Britain is waiting too long to save vulnerable children — Financial Times -

Dolly Parton's ambitious expansion of her tourism empire showcases entrepreneurial success, while JPMorgan's push into international retail banking marks a significant strategic move, and BP experiences leadership turmoil with its chairman's ouster.

• How Dolly Parton Built the Tourism Empire of Her Dreams — Wall Street Journal -
• JPMorgan chases retail banking’s golden fleece — Financial Times -
• BP Chairman Sparred With Director and Ex-CEO Before Ouster — Wall Street Journal -

The passing of intrepid photojournalist Dang Van Phuoc is mourned, while historic cattle shortages are driving US beef prices to record highs, and China's coal industry grapples with a devastating disaster, alongside reflections on societal preferences between minimums and excellence.

• Dang Van Phuoc Dies at 90; Intrepid Photojournalist in Vietnam War — The New York Times Business -
• Historic cattle shortages push US beef prices to record highs — Financial Times -
• The floor versus the ceiling — Financial Times -

• China’s coal heartlands reel from worst disaster in a decade — Financial Times -

Insights into managing panic attacks while traveling and the influence of social circles on spending habits offer practical advice, while support for motherhood in tennis careers and strategies for navigating family business disputes highlight personal and professional challenges, alongside a call for restaurants to serve tap water and features on local community spirit and upcoming events.

• How to Travel if You Have Panic Attacks — The New York Times Business -
• When War Breaks Out Over the Family Business, They Get the Call — The New York Times Business -
• How Your Friend Group Influences How You Spend and Save — The New York Times Business -

• Making Motherhood and a Long Tennis Career Possible — The New York Times Business -
• No restaurant should be too posh to serve tap water — Financial Times -
• Smells like community spirit: the London high street that’s blossoming — Financial Times -
• 11 joyful ways to spend it in June — Financial Times -