Google setback in multibillion EU antitrust fine

LONDON (AP) – Google faced a big setback Thursday in its attempt to overturn a multibillion-dollar European Union antitrust penalty involving Android after a top court’s legal adviser sided with regulators.

Amazon begins to ramp up its Zoox robotaxi factory

HAYWARD, Calif. (AP) – Amazon is gearing up to make as many as 10,000 robotaxis annually at a sprawling plant near Silicon Valley as it prepares to challenge self-driving cab leader Waymo. Tesla CEO Elon Musk is also vying to join the autonomous race.

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

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

Amazon says AI will reduce its corporate workforce

Amazon CEO Andy Jassy anticipates generative artificial intelligence will reduce its corporate workforce in the next few years as the online giant begins to increase its usage of the technology.

UK inflation eases by less than anticipated

LONDON (AP) – Inflation in the U.K. dropped modestly in May as a drop in air fares and transport costs were largely offset by rising food prices, particularly chocolate, official figures showed Wednesday.

Air India faces turbulence as plane crash prompts deeper checks and disruptions

NEW DELHI (AP) – Air India is facing fresh turbulence following last week’s fatal crash as additional safety inspections on its Dreamliner fleet have led to flight delays, cancellations and growing passenger anxiety.

US retail sales fall and Americans turn cautious

WASHINGTON (AP) – Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports.

Trump tax bill would widen deficits by $2.8 Trillion

WASHINGTON (AP) – President Donald Trump’s tax and budget bill would increase deficits by $2.8 trillion over the next decade after including other economic effects, according to a more fulsome analysis of the measure released Tuesday by the Congressional Budget Office.