NPR's Michel Martin speaks with the chief executive of a Minnesota baby products manufacturer about her experience applying for a refund from President Trump's tariffs.
China's Geely and Ford Motor announced a new manufacturing joint venture to produce electric vehicles at Ford's Valencia, Spain plant, with operations starting in 2027 and production in 2028. Ford will hold a 66% stake, Geely 34%, aiming to compete in the European EV market amidst global competition and tightening regulations.
Grocery chain Albertsons saw its shares drop over 20% after lowering its fiscal 2026 outlook, citing softer consumer demand and a more cautious spending environment, impacting its net income and identical sales projections.
Comcast's second-quarter results revealed strong performance at NBCUniversal, with Peacock achieving profitability for the first time, contrasting with continued broadband customer losses. These diverging trends come as the company prepares to split its media and broadband businesses into separate publicly traded entities within approximately one year.
American Airlines lowered its 2026 earnings outlook, citing increased fuel costs that fares aren't fully offsetting, leading to an 8% share drop. The carrier also forecast a wider adjusted loss for the current quarter and revised its 2024 earnings guidance downward.
The EU fined Google's parent company Alphabet €890 million for two Digital Markets Act violations: preferential treatment of its own products in search results and blocking Android developers from offering alternative payment options. Google has 60 days to comply or face further penalties.
Amazon's Fire TV Stick 4K Max and 4K Plus are on sale for their lowest prices ever at Best Buy and Target, priced at $34.99 and $24.99 respectively. The article also highlights deals on an Anker power bank, a Eufy robot vacuum, and an Xgimi projector.
