• Zyn Can Be Marketed as Safe Alternative to Cigarettes, FDA Says — Wall Street Journal - 17:22
• America’s Birthday Milestones in WSJ: 150, 200 and 250 — Wall Street Journal - 17:08
• Trump Administration Plans to Pay Smaller Meatpackers to Keep Slaughtering Cattle — Wall Street Journal - 17:07
• Stocks Are on Course for Best Quarter Since 2020 — The New York Times Business - 16:55
• NPR Retracts Article That Mistakenly Said Justice Alito Would Retire — The New York Times Business - 16:48
• Shetland Islands backs £1.5bn tunnels to boost population — Financial Times - 16:46
• US Supreme Court rejects Trump’s bid to end birthright citizenship — Financial Times - 16:43
• Britain should put up more of a fight on the high cost of defence kit — Financial Times - 16:36
• Energy & Utilities Roundup: Market Talk — Wall Street Journal - 16:26
• Ford Recalls More Than 740,000 Vehicles Over Transmission Issue — Wall Street Journal - 16:25

UK regulators targeting app store fees, Siemens Energy seeing increased demand from AI, Grindr's CEO imposing AI for code writing, and a broader debate on AI arms control and its impact on employment and investment highlight the sector's rapid evolution and growing scrutiny.

• Apple and Google app store fees targeted by UK competition watchdog — Financial Times -
• Siemens Energy Shares Rise on Management Optimism Over Electrification, AI Demand — Wall Street Journal -
• Tech founder gets 10-year prison sentence over Chromebook corruption case — Financial Times -

• How Grindr’s C.E.O. Adopted A.I.: ‘I Just Imposed It’ — The New York Times Business -
• What would multilateral ‘AI arms control’ look like? — Financial Times -
• Heavy corporate AI spenders add staff faster than peers — Financial Times -
• Magnificent Seven stocks shed $2.3tn in Wall Street tech rotation — Financial Times -
• AI speeds the march of China’s factory robots into new sectors — Financial Times -
• Amazon is now the biggest foreign investor in India’s AI sector — Financial Times -

Rising oil prices amidst Iran-U.S. talks, UK defense spending impacting energy projects, shipping traffic returning to the Strait of Hormuz, and EU efforts to manage trade deficits with China underscore geopolitical and economic complexities.

• Oil Prices Tick Higher as Iran and U.S. Prepare for Talks — The New York Times Business -
• Starmer says some road and energy projects will be scrapped to fund £15bn defence plan — Financial Times -
• Energy & Utilities Roundup: Market Talk — Wall Street Journal -

• Shipping Traffic in Strait of Hormuz Picks Up Again — The New York Times Business -
• World Bank drops climate finance target under US pressure — Financial Times -
• EU to increase steel tariffs on trading partners — Financial Times -
• Sainsbury’s Posts Sales Growth But Warns of Iran War Uncertainty — Wall Street Journal -
• EU and China buy time to avoid trade fight as Brussels demands deficit cuts — Financial Times -
• EU must choose which sectors to protect or face exodus, warns Covestro chief — Financial Times -
• Putin ties himself to ruling party as war fatigue bites — Financial Times -

Comcast's ongoing restructuring and potential spinoffs, CVC Capital Partners' acquisition of Irca, and Adani Ports' significant sale of an Indian port stake dominate the corporate deal landscape.

• The Unflappable Dealmaker Tasked With Crafting Comcast’s Next Act — Wall Street Journal -
• Comcast’s ‘amicable divorce’ is latest episode in Hollywood drama — Financial Times -
• Comcast’s Breakup Is Overdue. It Shouldn’t Rush Into a New Marriage. — Wall Street Journal -

• CVC Capital Partners to Buy Ingredients Business Irca From Advent — Wall Street Journal -
• Adani Ports to Sell India Port Stake to Swiss Shipping Group MSC for $1.40B — Wall Street Journal -
• Comcast’s NBCUniversal Spinoff Gives Hollywood Its Next Major Deal Target — Wall Street Journal -

Discussions on the Federal Reserve's 'say less' era, the "great wealth transfer" rattling Wall Street, activist hedge fund activity by Paul Singer's alums, and shifting sentiment among Wall Street bulls despite high stock prices reflect dynamic investment trends.

• FirstFT: The great wealth transfer — Financial Times -
• Figuring out the Fed in the ‘say less’ era — Financial Times -
• Analysts’ Views: hawkish Warsh fails to spur Fed rate rise predictions — Financial Times -

• Paul Singer’s activist hedge fund factory — Financial Times -
• The great wealth transfer rattling Wall Street — Financial Times -
• Elliott’s acolytes: how Paul Singer’s hedge fund became a spinout factory — Financial Times -
• A different type of G7 central bank divergence — Financial Times -
• Why Wall Street Bulls Aren’t Worried About Sky-High Stock Prices — Wall Street Journal -
• Strategy Abandons ‘Never Sell Bitcoin’ Mantra in Bid to Outlast Crypto Winter — Wall Street Journal -

Labour's plans to reform welfare, Scottish Power's call to securitise energy debts, local government challenges, and underinvestment by UK water groups illustrate significant domestic policy and infrastructure issues.

• Local government is a mess. Here is what Andy Burnham must decide — Financial Times -
• Barclays buys Canary Wharf HQ for £750mn — Financial Times -
• Scottish Power calls on regulator to securitise bad UK energy debts — Financial Times -

• Labour can reform welfare without ‘high noon’ showdown, says McFadden — Financial Times -
• Private developers lag behind public sector in fixing cladding issues — Financial Times -
• Quarter of UK water groups underspend investment allowances as network creaks — Financial Times -

A tech founder's prison sentence in Indonesia, an EY employee charged with accessing the Australian PM's bank details, a former Chinese billionaire sentenced for fraud, and a US Supreme Court ruling on the Fed governor's firing reveal various legal and ethical challenges.

• EY employee charged with accessing Australian prime minister’s bank details — Financial Times -
• US Supreme Court blocks firing of Fed governor — Financial Times -
• Former Chinese Billionaire and Bannon Associate Is Sentenced for Fraud — The New York Times Business -

Maersk's upgraded guidance due to strong demand, along with market roundups for auto, transport, and healthcare sectors, provide insights into diverse industry performance.

• Auto & Transport Roundup: Market Talk — Wall Street Journal -
• Health Care Roundup: Market Talk — Wall Street Journal -
• Maersk Lifts Guidance on Strong Demand, Higher Freight Rates — Wall Street Journal -

America's subdued 250th birthday celebrations, Germany's unexpected World Cup exit, young Chinese choosing life in "ghost cities", and Warren Buffett's deferred donation awaiting an Epstein review cover a range of broader interest stories.

• America’s stillborn 250th birthday — Financial Times -
• Germany’s shock World Cup exit sparks reckoning — Financial Times -
• The young Chinese choosing life in ‘ghost cities’ — Financial Times -

• Warren Buffett Skips Midyear Donation to Gates Foundation as He Awaits Epstein Review — Wall Street Journal -