
US Trade Court Strikes Down Trump's 10% Global Tariffs, EU Given July 4 Deadline
A federal trade court ruled against Trump's 10% global tariffs while the president set a July 4 deadline for EU trade deal ratification.

A federal trade court ruled against Trump's 10% global tariffs while the president set a July 4 deadline for EU trade deal ratification.

Spirit Airlines ceased operations Saturday, canceling thousands of flights and stranding passengers amid financial troubles and rising fuel costs.
GameStop has made a $56 billion acquisition offer for eBay, with CEO Ryan Cohen citing potential to compete with Amazon.

Former FTX founder Sam Bankman-Fried failed to overturn his fraud conviction and 25-year prison sentence in federal appeals court.
Victoria's Secret posted a $47.7 million profit and raised its annual outlook, driving shares up 40% as the company's turnaround efforts show progress.

President Trump said he will raise tariffs on European Union automobiles from 15% to 25%, citing EU non-compliance with trade agreements.
Nintendo stock fell after the company's latest Direct presentation failed to generate strong investor enthusiasm for upcoming titles.
Spirit Airlines is preparing to cease operations after a proposed $500 million government bailout fell through amid financial struggles.
The US is reportedly considering suspending fuel taxes and lowering beef import tariffs amid rising prices linked to Middle East tensions.
Multiple oil-related developments unfold as companies and governments respond to market volatility and sanctions pressures.

The Treasury Department imposed sanctions on Nobitex and several executives for allegedly helping Iran evade sanctions and finance militants.

A Manhattan judge ruled that prosecutors can use a gun and notebook as evidence against Luigi Mangione but must suppress other items from his backpack.

The United Kingdom and Japan are preparing to announce a significant investment partnership focused on clean energy and technology cooperation.
Adobe increased its full-year revenue outlook to $26.5-26.6 billion following strong Q2 results, while announcing its CFO is stepping down.
Tomato prices have risen 40% over the past year due to tariffs on Mexican imports and increased shipping costs from Middle East conflict.
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