Business
Oil prices rise, and stocks drop worldwide IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war Getty scraps $3.7B Shutterstock deal after UK antitrust requires key sale Wall Street banks are sky-high about SpaceX, but investors remain cautious Manhattan high-rise is still unstable after columns buckle, forcing evacuations
Egg producers will pay $3.3M and donate 53 million eggs to settle price fixing claims
Louis Vuitton court victory against Chinese tea chain stirs up a debate over copyrights
Microsoft cuts 4,800 jobs, including many at Xbox
Canada selects Germany's ThyssenKrupp to build submarine fleet
Sky agrees to buy British broadcaster ITV for up $2.1 billion to compete with streaming giants
LONDON (AP) – Sky, the UK-based TV, internet and mobile phone provider owned by Comcast, has agreed to buy ITV’s media and entertainment arm for up to 1.6 billion pounds ($2.1 billion) after months of talks to create a major competitor to the global streaming giants.
Alberta and Ontario propose a pipeline to carry western Canada's oil to the east

TORONTO (AP) – Alberta and Ontario proposed a pipeline Monday to carry western Canadian oil east and eventually to Atlantic export terminals as Canada seeks new markets beyond the United States, reviving a project that was abandoned nearly a decade ago.

Trump says Walmart cut prices at his request, but Walmart omits role

WASHINGTON (AP) – President Donald Trump on Monday sought to take credit for recent price cuts by Walmart, but a statement by the retailer made no mention of the administration’s involvement in its decision.

Trump rings Wall Street's opening bells as he ties his presidency to stock market gains

WASHINGTON (AP) – President Donald Trump on Monday rang the opening bells for the New York Stock Exchange and the Nasdaq from the golden confines of the Oval Office, a symbolic act that reflects how he has increasingly tied his presidency to the stock market.

Editorials from The New York Times, The Washington Post, The Guardian and others

Editorials from The New York Times, The Washington Post, The Guardian and others

7 OPEC+ countries agree to expand monthly oil production modestly

NEW YORK (AP) – A handful of countries in the OPEC+ oil-producing alliance plan to increase their outputs modestly next month, which would bring more oil online after fuel prices have fallen to levels not seen since before the U.S. and Israel’s war with Iran.

Canada to decide between German, South Korean submarine bids on Monday

TORONTO (AP) – Canada is expected Monday to choose between German and South Korean bids to build a fleet of 12 submarines in one of its biggest-ever military procurements.

Delta pilot reports a close encounter with a July Fourth firework before landing

NEW YORK (AP) – A Delta Air Lines flight and a high-flying firework reportedly came into contact in the sky above Chicago as the city celebrated the Fourth of July holiday.

Tesla sales jumped last quarter in a sign the worst is behind it

NEW YORK (AP) – Tesla car sales surged in the past three months in a possible sign damage from a customer revolt over Elon Musk and boycotts are mostly behind it. The electric vehicle maker run by Musk reported Thursday that it delivered 480,126 cars to customers, a jump of 25% over the 384,122 figure a year ago.

Top EU court dismisses Google appeal of $4.5 billion antitrust fine

BRUSSELS (AP) – Judges at the European Union’s top court dismissed an appeal by Google over a landmark, 4.1 billion euro ($4.5 billion) antitrust fine imposed for throttling competition and reducing consumer choice through the dominance of its mobile Android operating system.

South Korea disputes US report against Seattle-based Coupang
Beijing says China-EU trade talks set in the fall, to be held regularly each year
US employers still reluctant to add many jobs as hiring slows in June