• Supreme Court Rejects Lawsuit Against Bayer Alleging Roundup Weedkiller Caused Cancer — The New York Times Business - 18:59
• Apple Raises Prices on Macs and iPads Amid the A.I. Boom — The New York Times Business - 18:52
• Opinion | JD Vance’s Appeals to Arab Authority — Wall Street Journal - 18:43
• Apple increases MacBook and iPad prices by 20% — Financial Times - 18:42
• Micron posts 15-fold profit surge in boost for global AI stocks — Financial Times - 18:40
• FCC’s Carr Says ABC Is Running a ‘Campaign of Misinformation’ on Probe — Wall Street Journal - 18:10
• Live special: Ten years after Brexit — Financial Times - 18:09
• U.S. Inflation Problems Are Far From Over — The New York Times Business - 18:03
• Inflation Accelerated in May as Iran War Pushed Up Prices — The New York Times Business - 17:59
• Jair Bolsonaro’s wife accuses stepson of ‘stab in the back’ in election feud — Financial Times - 17:55

Global oil prices have returned to pre-war levels amidst increased Gulf shipping and calls to reduce reliance on the Strait of Hormuz, while Japan unveils a massive investment roadmap and the EU considers a new financial geopolitics plan.

• SpaceX bond sale signals markets are in ‘bubble territory’, warns Allianz CIO — Financial Times -
• Oil Prices Hover Around Prewar Levels as Gulf Shipping Jumps — The New York Times Business -
• Robots are coming to the oil patch — Financial Times -

• Takaichi sets out Japan’s largest-ever investment roadmap — Financial Times -
• Lesson Learned From Iran War: Reduce Reliance on Strait of Hormuz — The New York Times Business -
• Oil Retreats to Prewar Levels as Gulf Flows Through Hormuz Pick Up — Wall Street Journal -
• Cheat sheet for an EU financial geopolitics plan — Financial Times -
• Global tech stocks rebound after Micron’s profit surge — Financial Times -
• U.S. Inflation Problems Are Far From Over — The New York Times Business -
• Prosus Investment Values Health Insurer Alan at $6.3 Billion — Wall Street Journal -
• Brussels picks up pace on Draghi economic reform agenda — Financial Times -
• Bank of England to keep steady all year amid ‘second-round’ worries — Financial Times -
• South Korea delays plan for new single-stock options amid record volatility — Financial Times -
• Insurers slash war premiums for Strait of Hormuz ships — Financial Times -
• The profits boom is a mixed blessing — Financial Times -
• Snow polo, high-end honey and private jets: banks race to woo the wealthy — Financial Times -
• European defence stocks face uncertainty — Financial Times -
• America’s waning power — Financial Times -
• Oil price back at prewar levels as Gulf flows pick up — Financial Times -

BlackBerry's embedded-software business is accelerating with new AI opportunities, while major companies are pushing to ease the AI transition for American workers and Micron's profit surge is boosting global AI stocks.

• Larry Sanger, a Wikipedia Founder, Is Barred From Editing on the Site — The New York Times Business -
• BlackBerry Sees New AI Opportunities as Embedded-Software Business Accelerates — Wall Street Journal -
• How much compute does the world really need? — Financial Times -

• Big Companies Aim to Ease A.I. Transition for American Workers — The New York Times Business -
• The New Push to Ready Millions for AI Career Upheaval — Wall Street Journal -
• Anthropic accuses Alibaba of obtaining illicit access to Claude — Financial Times -
• Micron posts 15-fold profit surge in boost for global AI stocks — Financial Times -
• The future of TV: lots of choice, lots of hassle — Financial Times -
• NHS England admits key data does not prove Palantir’s effectiveness — Financial Times -
• Stalled subsea cable projects threaten Middle East digital ambitions — Financial Times -
• Robot nation: China’s bid to beat its demographic decline — Financial Times -

Winnebago is cutting its outlook amid declining sales, while Darden Restaurants and McCormick posted higher profits, and **German drugmaker Merck is set to acquire Bio-Techne in an $11.3 billion deal**.

• Winnebago Cuts Outlook Amid Declining Sales — Wall Street Journal -
• Darden Restaurants Posts Higher Profit, Sales — Wall Street Journal -
• McCormick Posts Higher Sales Amid Combination With Unilever — Wall Street Journal -

• German drugmaker Merck to buy Bio-Techne in $11.3bn deal — Financial Times -
• Germany’s Merck to Buy Bio-Techne for $11 Billion — Wall Street Journal -
• easyJet to Open Books to Castlelake After Rejecting Revised $6.49 Billion Bid — Wall Street Journal -
• EasyJet in talks with Castlelake after rejecting £4.9bn takeover offer — Financial Times -
• Volkswagen to Sell Majority Stake in Everllence Engine Unit to Bain Capital For $8.4 Billion — Wall Street Journal -
• Pizza Has Gone Cold. Domino’s Is Still Worth a Look. — Wall Street Journal -
• How Honda’s Pledge to Go All-Electric Unraveled — The New York Times Business -
• Commerzbank Says Some Institutional Investors Have Accepted UniCredit’s Offer — Wall Street Journal -
• H&M Earnings Hit by One-Off Costs as Turnaround Efforts Continue — Wall Street Journal -
• Patent cliffs aren’t the only driver of biotech M&A boom — Financial Times -
• Tesco Mobile explores getting back into broadband — Financial Times -
• U.K. Auto Manufacturing Rose Slightly in May — Wall Street Journal -
• LVMH Fires Back at Hermès Heir Over His Missing Fortune — Wall Street Journal -

Andy Burnham faces critical decisions regarding his chancellor choice and tax policies, with unions opposing Ed Miliband's potential appointment, as market gloom impacts the 'mansion tax' in England.

• Andy Burnham’s Ed Miliband test — Financial Times -
• Market gloom reduces number of homes facing ‘mansion tax’ in England — Financial Times -
• Andy Burnham’s ‘No 10 in the north’ won’t excite everyone — Financial Times -

• Trump says Burnham ‘extremely liberal’ — Financial Times -
• Unions combine to try to stop Ed Miliband becoming chancellor — Financial Times -
• UAE billionaire’s son revealed as buyer of £190mn London mansion — Financial Times -
• Andy Burnham in a bind over tax as he seeks to shelter middle-earners — Financial Times -
• Q&A: What the Isa shake-up means for first-time buyers and investors — Financial Times -

Hospitals are canceling operations due to a lack of air conditioning amid record temperatures, while Venezuela suffers from devastating earthquakes, and social trends include the economic impact of a potential Taylor Swift wedding and the rise of passive income as a new American dream.

• The Taylor Swift Wedding and a Hot New York Summer — The New York Times Business -
• Hospitals cancel operations because of lack of air conditioning — Financial Times -
• Venezuelan earthquakes leave ‘devastating number of deaths’ — Financial Times -

• Donald Trump — EV salesman extraordinaire — Financial Times -
• Senate Democrats investigate Trump family-linked group over Venezuela business push — Financial Times -
• Rome airports warn of summer ‘disaster’ unless EU border controls suspended — Financial Times -
• Aircon stocks become next hot bet as Europe wilts — Financial Times -
• Kyiv’s army reforms come late for exhausted troops — Financial Times -
• What are the legal considerations for a destination wedding? — Financial Times -
• What Does a Knicks Trash Can Cost? $168, or for One Woman, Her Job. — The New York Times Business -
• Things Are Getting Awkward in England as Roadside Diners Turn Into Sex Shops — Wall Street Journal -
• Forget Work. Passive Income Is the New American Dream. — Wall Street Journal -