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• [[Los Angeles Times]]
  • Port of Long Beach expands base with downtown tower
    • It invests in a building to house its training program and attract trade-related firms.
    • THE BUILDING bought by Port of Long Beach sits across from its headquarters.
  • David Ellison tries to allay merger fears in new op-ed
    • Paramount CEO says efforts to stop the deal are about politics, not concerns over market.
    • ELLISON’S essay said his determination to acquire Warner Bros. grew from his love of the movies.
  • Spotify hits a record 300 million paying subscribers
    • Swedish streamer also announces deal for an interactive AI tool.

• [[USA Today]]
  • DROWNING IN DEBT
    • Longer loans and bigger balances are keeping many car owners underwater for years
    • Drivers always risk being backed into a financial tight spot if they want to buy a new car just a year or two after taking out a car loan. ● Odds are pretty good – especially if they had a small down payment – that the car buyer will owe more money on that old car loan than they’d get when they trade in a 1- or 2-year-old car or truck. ● It’s called negative equity – and we’re breaking records once again. Yet it’s not because everyone’s trading up to a new car way too soon.
  • VW’s Tiguan, one of most popular SUVs, turns heads
    • Unique exterior, interior designs make it standout
    • The 2026 Volkswagen Tiguan starts at a little more than $31,000 for a base model.
  • GMC Sierra 1500 is upscale, capable
    • Truck is quality-focused with admirable utility
    • The GMC Sierra 1500 can comfortably fit five or six people and is a good match for commuters and families.

• [[The New York Times]]
  • What Are Companies Getting for All That A.I. Spending?
    • A new field of “tokenomics” has emerged to measure the return on all the money companies are pouring into artificial intelligence.
  • JPMorgan Finds Itself in Another Global Soccer Fiasco
    • After promising to learn from its role in a failed “Super League” that fueled fan anger, the Wall Street bank is involved in FIFA’s latest meltdown.
    • A pregame ceremony at the FIFA World Cup final match last month between Spain and Argentina at MetLife Stadium. FIFA is expected to take in $15 billion in revenue from this year’s event.
  • A Currency Trader at Heart, Bessent Bets on Japan’s Yen
    • Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.
    • Scott Bessent, the Treasury secretary, last week returned to his roots as a hedge fund manager in making a currency bet to help stabilize Japan’s currency.
  • White House Whipsaws Silicon Valley (and Itself) Over A.I. Rules
    • The Trump administration has struggled with how to approach “open source” models, which are freely available to download and favored by Chinese companies.
    • Chinese open-source artificial models like Kimi, made by Moonshot AI, have added a new and urgent dimension to the fight between Washington and Beijing over who will control critical technologies.

• [[Wall Street Journal]]
  • Bilt Cards Hit by Another Snafu
    • Customers got incorrect notices for overdue balances, hurting credit scores
    • Company quickly resolves errors affecting 11,850 holders of rewards card.
  • McDonald’s Replaces Head of U.S. Business
    • McDonald’s on Tuesday said its U.S. same-store sales increased 0.8% in the three months ended June 30. A McDonald’s restaurant in New York City’s Times Square.
  • Crime Author Calls Out Claims He Used AI to Write His Novel
    • Jerry Falade struck a two-book deal worth more than $2 million, but his agent pulled his support after the allegations.
  • OpenAI Denies Stealing Secrets
  • Aramco’s Profit Hits $33 Billion Despite War Strain
  • Startup Billionaire Sued Over Superyacht Broker Fee

• [[Financial Times]] 영국에 위치한 니케이 소유 회사입니다.
  • Mar­ket­ing out­lay weighs on Spo­tify profits amid jit­ters over stream­ing slow­down
    • Spotify predicted weaker than expected user growth as it reported that profits were held back by investments in marketing and AI amid concerns over a slowdown in the streaming market.
    • Singer-song­writer Bruno Mars at the Grammy Awards in Los Angeles this year
  • Macquarie’s new CEO will look to both home and away for growth
    • Ward, a 30-year veteran at Macquarie, has turned its domestic banking operations into a successful growth story
  • OpenAI rebuts Apple’s ‘oddly per­sonal’ trade secrets law­suit
    • ▸ Alleg­a­tions denounced in blog post ▸ Clash over hard­ware designs grows
    • 'This careless, aggressive and oddly personal lawsuit sadly doesn't live up to [Apple's] reputation'
  • Fifa exec­ut­ive hits out over ‘reproach­able’ stake sale plan
    • A top Fifa executive has described the failed attempt to bring in outside investors as a "reproachable series of events" that has thrown football's governing body into "turmoil", in a further sign of the internal unrest confronting Fifa president Gianni Infantino.