A solid quarter at Best Buy overshadowed by tariffs

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.

Sycamore Partners finishes deal to take drugstore chain Walgreens private

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.

Editorials from Wall Street Journal, The New York Times, Washington Post and others

Excerpts from recent editorials in the United States and abroad:

Trump is investing in US rare earths in a push to break China's grip

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 snatches up wireless spectrum licenses from EchoStar for $23 billion

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.

Embattled Fed Gov. Lisa Cook says she'll sue Trump to keep her job

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's Starship completes first-ever payload deployment of 8 dummy satellites

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.

Lisa Cook is latest target for Bill Pulte, Trump's housing regulator

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.”