• Jim Beam Closes Kentucky Distillery Amid Tariffs, Economic Uncertainty
  
  The bourbon maker Jim Beam has announced it is halting production at one of its Kentucky distilleries for at least a year as the whiskey industry navigates tariffs from the Trump administration and reduced demand for its product.
• Dept. Stores Adapt as Beauty Moves to TikTok, Amazon
  
  It's shoppers like Quinn Kelsey who keep department store executives up at night.The 38-year-old Denver resident gets makeup ideas from TikTok videos and other social media content, not salespeople at beauty counters.
• Issa Urges Strong US Response to South Korea Trade Laws
  
  A strong U.S. response is necessary to counter the South Korean government's targeting of American businesses and citizens through new trade laws, Rep. Darrell Issa, R-Calif., wrote Monday in an opinion piece for the Daily Caller.
• Alphabet Buys Data-Center Energy Firm for $4.75B
  
  Google's corporate parent Monday announced an agreement to buy data center energy specialist Intersect for $4.75 billion as part of its effort to secure the vast amounts of electricity needed to power artificial intelligence technology.
• Instacart Ends AI-Driven Price Experiments After Criticism
  
  Instacart is ending price tests that resulted ?in different shoppers being shown different prices for groceries, the online retail platform said Monday after criticism of its artificial intelligence-driven pricing tool.
• Ellison Pledges $40B Backstop as Paramount Presses Warner Bid
  
  Paramount escalated its pursuit of Warner Bros. Discovery Monday, unveiling a revised offer backed by a sweeping personal commitment from Oracle founder Larry Ellison that aims to blunt board concerns over financing certainty, CNBC reports.
• Group Led by Permira, Warburg Pincus to Buy Clearwater Analytics for $8.4B
  
  ?Investment and accounting software maker Clearwater Analytics will be bought for about $8.4 billion ?by a group of private ?equity firms led by Permira and Warburg Pincus, ?the parties announced in a joint statement on ?Sunday.
• Elon Musk Becomes First $700 Billion Person After Pay Ruling
  
  Tesla ?CEO Elon Musk's net worth surged to $749 billion late Friday after the Delaware Supreme Court reinstated Tesla stock options worth $139 billion that were voided last year, according to Forbes' billionaires index.
• Google Warns US Visa Holders Against Travel
  
  Alphabet's Google has advised some employees on U.S. visas to avoid international travel due to delays at embassies, Business Insider reported Friday, citing an internal email.
• How Surveillance and the 'Reddit Detective Agency' Found a Killer
  
  More than a decade ago, a frenzied five-day search for the Boston Marathon bombers left some lessons in its aftermath.
• Musk Wins Appeal and Restores Tesla $56B Pay Day
  
  Elon Musk's 2018 pay package from Tesla, once worth $56 billion, was restored by the ?Delaware Supreme Court Friday, two years after a lower court struck down the compensation deal as "unfathomable."
• 2025 Acura ADX AWD A-Spec Advance: Acura's Affordable Answer to Luxury Crossovers
  
  The 2025 Acura ADX AWD A-Spec Advance enters the luxury compact crossover market with a bold mission: offer the styling, tech, and driving refinement of premium European rivals-at a far more accessible price point.
• BofA Investment Bankers to Get Bonuses up to 20%
  
  Bank of America will boost bonus payouts for its best performing investment bankers after a surge in ?deals this year, according to two sources familiar ?with the matter.
• Space Development Agency Orders 72 Satellites for $3.5B
  
  The Space Development Agency, part of the ?U.S. Space Force, said Friday it has reached agreements with four defense suppliers to build 72 satellites, worth about $3.5 billion collectively.
• AI Chip Firm Cerebras Set to File for US IPO After Delay
  
  AI chip maker Cerebras Systems is preparing to file for a U.S. initial public offering as soon as next week, targeting a second-quarter 2026 listing, people familiar with the matter said.
• Morgan Stanley Seen as Frontrunner for SpaceX IPO
  
  Morgan ?Stanley is emerging as a leading contender for a key role in SpaceX's blockbuster initial public offering, as the bank's close ties to CEO Elon Musk give it an edge in his decision, according to three people familiar with the matter.
• Top Drugmakers to Lower US Prices for Some Drugs
  
  AbbVie, Bristol Myers Squibb, Gilead, Merck and other drugmakers are expected on Friday afternoon to announce agreements with the U.S. government to lower certain prescription drug prices, according to sources familiar with the situation.
• US Review May Mean Advanced Nvidia AI Chip Sales to China
  
  President Donald Trump's administration has launched a review that could result in the first shipments to China of Nvidia's second-most powerful AI chips, five sources said, making good on his pledge to allow the much-debated sales.
• Trump Signs $1 Trillion Annual Defense Bill without Fanfare
  
  U.S. President Donald Trump on Thursday signed into law a nearly $1 trillion annual defense policy bill, despite provisions that provide new aid to Ukraine and reining in his ability to dial down U.S. involvement in the defense of Europe.
• Energy Dept Inks AI Deals With Big Tech for Genesis Mission
  
  The Department of Energy ?announced Thursday it has signed agreements with 24 organizations, including tech giants such as Microsoft, Google, and Nvidia, to advance the Genesis Mission.
• TikTok Signs Deal to Form New US Unit With Investors, Including Oracle, Silver Lake
  
  TikTok has signed agreements with three major investors , Oracle, Silver Lake, and MGX , to form a new TikTok U.S. joint venture, ensuring the popular social video platform can continue operating in the United States.
• FedEx Posts Higher 2nd Quarter Results
  
  FedEx posted higher second-quarter ?profit and revenue Thursday and lifted the low end of its full-year earnings outlook, as peak-season pricing actions and cost-cutting efforts helped offset softer shipment volumes.
• Nike Edges Past Expectations on Resilient Demand
  
  Nike Thursday edged ?past market expectations for quarterly revenue, helped by resilient demand for its running shoes amid a big marketing push to fend off stiff competition from upstart brands in North America.
• Micron Surges 13% on Upbeat Profit Forecast
  
  Micron Technology's shares rose 13% in early trading Thursday after the U.S. chipmaker delivered an outsized quarterly profit forecast, underscoring its leadership in the high-bandwidth memory chips market as prices surge.Micron (MU) is one of only three major suppliers of...
• Trump Media, TAE Technologies to Combine in $6B Deal
  
  Trump Media & Technology and fusion power company TAE Technologies have agreed to combine in an all-stock deal valued at more than $6 billion, the companies said on Thursday. Shareholders of each company will own about 50% of the combined entity after the closing of the deal...

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