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• [[Los Angeles Times]]
  • Mega project will transform downtown’s skyline
    • A RENDERING of the Fourth & Central development that will replace a downtown L.A. cold storage facility.
  • Paula Reid looks to join MS NOW
    • Legal affairs reporter has already told CNN she doesn’t plan to renew her contract.
  • 99 Ranch accused of workplace racial bias
    • THE EEOC alleges 99 Ranch Market paid non-Chinese staffers less and scheduled them for fewer hours.
  • Film about OpenAI finds a new home at Neon

• [[USA Today]]
  • Cook ruling gives Fed some breathing room
    • Experts say Central Bank’s independence concerns ease, for now
    • The Supreme Court ruled 5-4 on June 29 that Donald Trump cannot fire Federal Reserve Governor Lisa Cook – a decision seen as a loss for a president who has tried to influence the central bank and a win for the institution’s independence. ● The court said Cook can remain on the central bank’s board of governors while she challenges Trump’s ability to dismiss her. That means lower courts will continue to debate whether Trump has “cause” to remove Cook, but Trump can’t dismiss her outright while the process plays out. ● “I am grateful for this decision, not for my own sake, but for the sake of the American people, whose economic well-being depends on a central bank that answers to its mission, not political intimidation,” Cook said in a statement after the ruling. “For as long as I serve at the Federal Reserve, I will continue to uphold the principle of political independence in service to all Americans.”
    • While the Supreme Court’s ruling means Lisa Cook will be allowed to continue serving on the Federal Reserve’s board of governors, fighting the case cost nearly $1.2 million in legal services payments.
    • “For as long as I serve at the Federal Reserve, I will continue to uphold the principle of political independence in service to all Americans.” Lisa Cook
  • Seniors fret they’ll outlive savings
    • Report says retirees to outlast cash in 41 states
  • Medicare will pay for popular weight-loss drugs
    • Millions could qualify for Wegovy, Zepbound use
    • Millions of older adults could soon qualify for popular GLP-1 weight loss drugs such as Wegovy and Zepbound under a Medicare pilot program.

• [[The New York Times]]
  • How Warsh Has Begun to Change the Fed
    • Just over a month into his job as chairman of the Federal Reserve, Kevin M. Warsh has embraced some conventions while signaling seismic shifts ahead.
    • Kevin M. Warsh, chairman of the Federal Reserve, campaigned for the job on the basis of “regime change.”
  • In Colorado, the Long Aftermath of a Fire Feels Political
    • When the Trump administration rejected a request for federal assistance to a fire-ravaged part of western Colorado, residents debated which political party was to blame.
    • The Lee fire burned about 137,800 acres last year in Rio Blanco County, Colo.
  • How Honda’s Pledge to Go All-Electric Unraveled
    • A derailed gamble led Honda to its first-ever annual loss and has intensified scrutiny over the future of its chief executive.
    • Honda was developing several next-generation electric vehicles that were ultimately scrapped because of declining global E.V. demand.
  • YouTube Stars Breach Hollywood’s Most Gilded Gate
    • For years, creators were on the fringes at Creative Artists Agency, a Hollywood talent behemoth. Now the agency is putting them center stage.
    • Trisha Paytas, a digital star, is part of CAA’s growing roster of creators.

• [[Wall Street Journal]]
  • McKinsey Shakes Up Its Board
    • Separate chair role to tighten oversight of firm governance and client relations
    • The goal is to prevent the kind of controversies from previous work.
  • AOL Owner’s Shares Soar in Market Debut
    • Luca Ferrari, far right, co-founder of Bending Spoons, attends his company’s IPO in New York.
  • Kroger to Buy Giant Eagle Chain In $1.65 Billion Grocery Deal
    • Giant Eagle has 200 supermarkets in Pennsylvania, Ohio, West Virginia, Maryland and Indiana
  • Binance Blocked in EU Amid Regulator Concerns
  • Google to Pay Klarna $2 Billion in Lawsuit
  • Musk’s SpaceX Reveals AI-Phone Prototype

• [[Financial Times]] 영국에 위치한 니케이 소유 회사입니다.
  • Nike profits boos­ted by tar­iff refund but rev­en­ues drop to four-year low
    • Nike's profits were boosted by a huge tariff refund in its fourth quarter but underlying performance continued to struggle as revenue remained flat and China sales declined.
    • Trainer maker Nike’s quarterly profit hit $1.07bn after a $986mn refund related to US levies
  • Swiss shoe brand leads debate over what counts as a local foot­print
    • The On case is associated with a broader question: is a product Swiss because it is made in Switzerland, or invented there?
  • White House lifts export ban on Anthropic’s lead­ing mod­els
    • ▸ Mythos and Fable cleared for release ▸ New safe­guard allays secur­ity fears
    • Antrhopic had 'agreed to proactively detect and address security risks associated with the models'
  • Klarna wins $2bn dam­ages from Google in anti­trust case
    • Google has been ordered to pay Klarna close to $2bn in damages for lost revenue at the fintech's price comparison site PriceRunner, after a Swedish court deemed the search engine privileged its own comparison service.