NEW YORK (AP) – Best Buy posted a solid second quarter that exceeded Wall Street expectations, but the performances was overshadowed by an outlook that has grown cloudy due to tariffs the U.S. is imposing on trading partners.
DEERFIELD, Ill. (AP) – The acquisition of Walgreens by a private equity firm is complete, ending the drugstore chain’s run as a publicly traded company.
Excerpts from recent editorials in the United States and abroad:
OMAHA, Neb. (AP) – U.S. production of crucial components in electric vehicles, smartphones and fighter jets is set to expand rapidly in the coming years, as the Trump administration intensifies efforts to build up the critical mineral industry in the United States to work to break the chokehold that China has on the global supply chain.
AT&T will spend $23 billion to acquire certain wireless spectrum licenses from EchoStar, a significant expansion of AT&T’s low- and mid-band coverage networks. AT&T said Tuesday that the licenses cover virtually every U.S. market – more than 400 total – which the company plans to deploy as soon as possible to lure more home internet subscribers and meet its growth goals.
WASHINGTON (AP) – Federal Reserve Gov. Lisa Cook will sue President Donald Trump’s administration to try to prevent him from firing her, her lawyer said Tuesday. “President Trump has no authority to remove Federal Reserve Governor Lisa Cook,” said Abbe Lowell, a longtime Washington lawyer who has represented figures from both major political parties.
SpaceX launched the latest test of its mega rocket Starship on Tuesday night and completed the first-ever deployment of a test payload – eight dummy satellites – into space.
WASHINGTON (AP) – When Bill Pulte was nominated as the country’s top housing regulator, he told senators that his “number one mission will be to strengthen and safeguard the housing finance system.”