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Meta Says States Are Seeking $1.4 Trillion in Penalties Ahead of Youth Safety Trial

Meta Platforms revealed in a Monday court filing that four states, California, Colorado, Kentucky and New Jersey, are seeking 1.4 trillion dollars in penalties over allegations the company designed its Facebook and Instagram platforms to addict young users and misled the public about their …

Nitish Kishor | 07 July 2026

NATO Allies Unveil Billions in Arms Deals as Trump Renews Greenland Push at Ankara Summit

NATO leaders unveiled arms deals worth tens of billions of dollars at a summit in Ankara, aiming to demonstrate that European allies are heeding US calls to increase defence spending even as President Trump expressed disappointment with the alliance and renewed his push to …

Nitish Kishor | 07 July 2026

Farmer Sentiment Drops as Input Cost Worries Persist and AI Skepticism Grows

The Purdue University-CME Group Ag Economy Barometer Index fell to 113 points in June, down from 119 points in May, tying January as the worst reading recorded during President Trump's second term in office. The figure represents a substantial decline from June 2025, when …

Nitish Kishor | 07 July 2026

Fiserv (NASDAQ:FISV) in Talks With Major Banks to Sell Debit Card Payments Business

Payments firm Fiserv has held talks with several major US banks, including JPMorgan Chase and Bank of America, about selling its payments infrastructure business that handles debit card transactions, according to a source familiar with the matter. The potential divestment arrives as Fiserv pursues …

Nitish Kishor | 07 July 2026

Three Tankers Struck in Strait of Hormuz as Iran Mourns Slain Supreme Leader

Three tankers were hit in the Strait of Hormuz, including a Qatari liquefied natural gas carrier at risk of explosion, marking a significant escalation in maritime security concerns even as huge crowds gathered to mourn Iran's slain Supreme Leader Ayatollah Ali Khamenei in the …

Nitish Kishor | 07 July 2026

Iran Leverages Control of Strait of Hormuz to Reshape Nuclear Negotiations

The funeral of Iran's late Supreme Leader Ayatollah Ali Khamenei served as more than a national farewell, according to regional officials, diplomats and analysts, functioning instead as a deliberate signal to the United States and Israel that their attempt to weaken the Islamic Republic …

Nitish Kishor | 07 July 2026

Kura Sushi USA (NASDAQ:KRUS) Posts 16% Revenue Growth Despite Softer Comparable Sales

Kura Sushi USA reported third-quarter revenue of 85.9 million dollars for the period ended May 31, 2026, up from 74.0 million dollars in the year-ago quarter, representing year-over-year growth of 16.2 percent. This growth was driven substantially by new restaurant openings and menu price …

Nitish Kishor | 07 July 2026

Bankruptcy Judge Approves $46.75 Million Settlement for 23andMe Data Breach Victims

US Bankruptcy Judge Brian Walsh approved a 46.75 million dollar settlement for victims of a 2023 data breach at genetic testing company 23andMe, ruling the settlement fair, equitable and in the best interest of the trust overseen by the company's bankruptcy administrator. The breach …

Nitish Kishor | 07 July 2026

US Airline Fuel Costs Jump 85% in May as Middle East Conflict Drives Prices Higher

US airlines faced a dramatic increase in fuel costs in May, spending nearly 6.7 billion dollars compared with 3.62 billion dollars during the same month a year earlier, an 85 percent jump driven by Middle East conflict that pushed energy prices sharply higher, according …

Nitish Kishor | 07 July 2026

Proposed 25% US Tariff on Brazilian Instant Coffee Risks Higher Consumer Costs

Brazil's instant coffee industry has warned that a proposed 25 percent US tariff on its products risks increasing costs for American businesses and consumers by disrupting supplies of a product the United States largely imports rather than produces domestically. More than 90 percent of …

Nitish Kishor | 07 July 2026
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