businessThursday, July 2, 2026
The US rejection of USMCA renewal in its current form is the biggest business story today, with implications for North American trade. Meanwhile, Google AI Overviews are confirmed to crater publisher traffic, and Trump's crypto empire is laid bare in ethics filings.
The US trade rep's refusal to renew USMCA without major changes signals a new era of uncertainty for North American supply chains.
The US says it won't renew USMCA as is, citing trade deficits with Canada and Mexico. Multiple outlets are covering this, and it's the day's most consequential business story for North American companies.
A geopolitical report argues China is the clear winner from the Strait of Hormuz crisis, gaining from the global push toward solar and EVs while the US and allies struggle.
A controlled experiment puts hard numbers on what publishers have long suspected: Google's AI Overviews are devastating for web traffic.
A randomized field experiment with 1,065 users shows Google AI Overviews reduce publisher clicks by 39.8% and increase zero-click searches by 34.5%, with no improvement in user satisfaction.
The ACCC is suing Amazon over unfair contract terms for introducing ads into Prime Video without giving subscribers meaningful remedies, covering about 850,000 Prime subscribers.
Trump's financial disclosure reveals a massive crypto fortune, while the Iran war reshapes global energy and benefits China.
Trump's 2025 financial disclosure shows $1.4 billion in crypto-related income from his memecoin and World Liberty Financial, raising fresh ethics concerns.
Trump reported $2.2 billion in total 2025 income, with $1.4 billion from crypto. Ethics experts call it bribery and exploitation of office, but a GOP Congress and Supreme Court have enabled it.
The US-Israel war on Iran has disrupted global energy markets, with oil price swings and supply route chaos accelerating the shift to renewables, per Al Jazeera's analysis.
The Secret History of Polymarket – Part 1unlimitedhangout.com
5 Cannes Lions takeaways as marketers wrestle with an industry in fluxwww.marketingdive.com
Gridlocked: How Public Power Can Build the Grid of the Future and Lower Bills Now - Groundwork Collaborativegroundworkcollaborative.org
NBA odds: How Jaylen Brown trade impacts 2027 NBA Finals, Eastern Conference outlookwww.cbssports.comDeterrence has a deadline | Euractivwww.euractiv.com
Europe's rearmament debate is caught between two competing priorities: military leaders who want to acquire the best weapons as quickly as possible to deter a potential Russian attack by 2028, and politicians who want defence spending to strengthen Europe's industrial base, reduc
T.I. and Tiny Awarded $0 in Punitive Damages in OMG Girlz Trial, Jury Ruleswww.rollingstone.com
In the fourth trial of a yearslong legal battle between T.I. and Tameka "Tiny" Harris and toy giant MGA Entertainment, the jury ruled that MGA did not act with malice, awarding $0 in punitive damages. The couple had sought to restore some of the $53.6 million in punitive damages
Chief Oscars Officer Teni Melidonian Exits AMPASvariety.com
Teni Melidonian, the chief Oscars officer, is stepping down from AMPAS as the Oscars ceremony prepares for its move to YouTube in 2029. AMPAS CEO Bill Kramer announced the departure to staff, noting Melidonian will remain as a consultant for the next year. Her responsibilities ar
Venco Business Solutions – Cover Story – July 2026www.replaymag.com
A profile of Venco Business Solutions, a route operation founded by John Newberry in Bland, Virginia, that started with a single pool table purchase in 1968 and grew into a supplier of jukeboxes, pinball machines, video games, cranes, and arcade/FEC equipment. The article highlig
South Korea PM vows AI push, wider growth on first day - UPI.comwww.upi.com
South Korean Prime Minister Han Seong-sook began her first day in office by pledging increased investment in artificial intelligence and advanced industries, along with regulatory reform and policies to ensure economic growth benefits small businesses and local commercial distric
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