Arizona Tribune - Economy (English)

EU top court to rule on record 4.1 bn euro Google fine

The EU's top court will decide Thursday whether to uphold a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anti-competitive practices related to its Android operating system.

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Streamex is making digital gold accessible

Streamex is making commodities easy to acquire and trade, and the latest step puts it in regular brokerage accounts.

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Mixed US auto sales in Q2 amid high gas prices

Automakers reported mixed second-quarter US sales Wednesday, illustrating continued demand for larger vehicles as well as strength in fuel-efficient models as high gasoline prices reverberated through showrooms.

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US stocks retreat to open Q3 ahead of June jobs data

Wall Street stocks retreated following a choppy session Wednesday as Federal Reserve Chair Kevin Warsh emphasized the need to tame inflation ahead of closely-watched US jobs data.

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'Gus' the T. rex presented in New York ahead of auction

One of the world's most complete Tyrannosaurus rex skeletons, nicknamed "Gus," was showcased Wednesday at Sotheby's auction house in New York ahead of its sale later this month.

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Mixed US auto sales in 2nd quarter amid high gas prices

Automakers reported a mixed batch of second-quarter US sales on Wednesday, revealing continued demand for trucks and large models despite rising gasoline prices due to the US-Iran war.

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US Fed chair says committed to combatting 'too high' prices

US Federal Reserve Chair Kevin Warsh said Wednesday the central bank was committed to fighting "too high" prices, as inflation fuelled by the US war on Iran surges through the world's largest economy.

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Trump defends earning more than $1bn on crypto

US President Donald Trump on Wednesday defended earning around $1.2 billion from his family's cryptocurrency activities last year, saying "everybody's profiting" from his time in power.

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Swedish court orders Google pay $1.46 bn for favouring its price comparisons

A Swedish market court on Wednesday ordered Google to pay some 14.3 billion kronor ($1.46 billion) in damages to price comparison site Pricerunner for promoting its own shopping comparisons in search results.

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European stocks mostly drop with eyes on US Fed

European stock markets mostly dropped Wednesday ahead of a speech by the new head of the Federal Reserve, Kevin Warsh, that could indicate the timing of likely US interest-rate rises.

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Chinese firm sells hyper-real, 'always loyal' humanoid robots

Their metallic frames covered in supple, lifelike skin, a posse of new Chinese robots meant for companionship can offer users AI-generated conversation or a hand to hold, complete with manicured nails.

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China imposes 'national security' rules on overseas investments

China is intensifying its scrutiny of investments overseas with broad "national security" regulations taking effect from Wednesday, at a time of rising tech competition with Washington.

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Trump earned over $1 bn from crypto ventures in 2025

US President Donald Trump recorded around $1.2 billion in income from his family's cryptocurrency activities during his first year back in office, according to financial disclosures released on Tuesday.

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Indian sailors fear returning to Gulf after Middle East war

Indian sailors shaken by war have finally cleared the Strait of Hormuz after being stranded there for months, but some fear they have little choice but to return to make a living.

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The Afghan women farmers keeping their village alive

In a remote province of northeastern Afghanistan, women farmers are playing a vital role in their community's survival among the snow-capped mountains.

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NIFC Certifies New Wave of Strategic Firms as Kenya Accelerates Its Rise as Africa's Premier Financial Gateway

NAIROBI, KENYA / ACCESS Newswire / July 1, 2026 / The Nairobi International Financial Centre (NIFC) continues to strengthen Kenya's position as Africa's leading destination for global capital by certifying a new cohort of firms spanning digital finance, climate and carbon markets, artificial intelligence, investment management, healthcare, fintech and capital markets innovation.

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The Inaugural Michelin Guide New Zealand Reveals 1 Two Michelin Stars, 14 One Michelin Star And 35 Bib Gourmands

AUCKLAND, NZ / ACCESS Newswire / July 1, 2026 / The inaugural MICHELIN Guide New Zealand 2026 has recognised 110 restaurants across Auckland, Wellington, Christchurch and Queenstown, celebrating exceptional quality, creativity and a strong sense of place.

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Commercial Bancgroup, Inc. Announces Date for Second Quarter 2026 Earnings Release

HARROGATE, TN / ACCESS Newswire / July 1, 2026 / Commercial Bancgroup, Inc. ("Commercial") (Nasdaq:CBK) announced today details for the release of its financial results for the second quarter of 2026.

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Gladstone Commercial Executes 10-Year Lease at Office / R&D Property in New Albany, OH

MCLEAN, VA / ACCESS Newswire / July 1, 2026 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that it has executed a 10-year, 5-month lease with the Ohio Life Sciences Association ("Ohio Life Sciences") for 34,361 square feet of its 86,301 square foot office / R&D building located in New Albany, Ohio. This brings the building to 100% occupancy.

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Esencia de Santa Fe Celebrates Successful Grand Opening and Welcomes Future Homeowners

SANTA FE, NM / ACCESS Newswire / July 1, 2026 / There was great enthusiasm surrounding the grand opening of Esencia de Santa Fe, where Price Land and Development Group, alongside homebuilders Pulte Homes and D.R. Horton, welcomed prospective homebuyers, families and community members to experience and explore the new master-planned community.

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D. Boral Capital Acted as Sole Bookrunner to Alpex Acquisition Corporation (NASDAQ: ALPXU) in Connection with its $115,000,000 Initial Public Offering

NEW YORK CITY, NY / ACCESS Newswire / July 1, 2026 / On June 26, 2026, Alpex Acquisition Corporation (NASDAQ:ALPXU) (the "Company"), a Cayman Islands exempted company, announced the closing of its initial public offering of 11,500,000 units at $10.00 per unit, which includes the full exercise of the underwriters' option to purchase an additional 1,500,000 units to cover over-allotments. The gross proceeds from the offering were $115,000,000 before deducting underwriting discounts and estimated offering expenses. The units are listed on the Nasdaq Global Market ("Nasdaq") and began trading under the ticker symbol "ALPXU" on June 25, 2026. Each unit consists of one Class A ordinary share, one redeemable warrant, and one right to receive one-fourth of one Class A ordinary share upon consummation of an initial business combination. Each redeemable warrant entitles the holder thereof to purchase one Class A ordinary share at an exercise price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares, warrants and rights are expected to be listed on Nasdaq under "ALPX," "ALPXW," and "ALPXR," respectively.

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Gladstone Alternative Income Fund Announces Monthly Cash Distribution for July 2026

MCLEAN, VA / ACCESS Newswire / July 1, 2026 / Gladstone Alternative Income Fund ("Gladstone Alternative" or the "Fund") announced today that its board of trustees declared monthly cash distributions to shareholders for the month of July. The July distribution amount is $0.001967 per calendar day for each issued and outstanding Class A share, Class C share, and Class I share for the period beginning July 1, 2026 and ending July 31, 2026 (for shareholders who own shares all 31 days in July, the distribution will total approximately $0.061 per share). Based on net asset values per share as of June 30, 2026, the July distribution amount represents an annualized distribution rate of 7.20% for Class A shares, 7.28% for Class C shares, and 7.17% for Class I shares. The distributions will be paid on July 31, 2026 for Dividend Reinvestment Plan ("DRIP") participants and August 3, 2026 for non-DRIP participants.

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Los Angeles Eviction Attorney Niv Davidovich Secures $2,000,000 From Gym Chain During COVID

Davidovich Stone Law Group obtained the landmark settlement by pursuing simultaneous unlawful detainer and civil enforcement proceedings against a well-funded national tenant at a time when most Los Angeles landlords had been told recovery was legally impossible.

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How Grocery Prices Are Impacting Household Budgets

DES MOINES, IA / ACCESS Newswire / July 1, 2026 / For many families across the United States, keeping food on the table costs more than ever. For example, a reporter at Forbes found that a basic bag of groceries worth about $47 in 2020 would cost you nearly $75 in 2026.Unfortunately, prices don't seem to be going back down anytime soon. In fact, April 2026 saw the largest monthly increase in food costs since 2022 at 0.7%.

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Fortun Holdings Announces Development of Proprietary AI-Enabled Operating Platform

Company's Internally Developed Platform Integrates Lead Management, Application Processing, Underwriting, Offer Generation, Closing Verification and Funding Management Into a Unified AI-Enabled Workflow

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Konica Minolta Debuts PKI Cloud Suite for Microsoft 365 GCC and GCC High Environments

New bizhub MFP integration brings CAC/PIV-based identity, secure cloud scan and secure print release to federal and other high-assurance organizations

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Well Done Foundation and Atlantic Media Group PLC Announce Production-Based Carbon Offset Pilot for Film and Television Industry

Atlantic Media Group PLC will assess the carbon footprint of each participating production and support WDF's methane reduction work through retired carbon credits and offset certificates

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Aimwell Partners Inc. Publishes the Adversarial Validation Standard, v1, an Open Methodology Framework for Verifying AI-Generated Biopharma Intelligence

MIAMI, FL / ACCESS Newswire / July 1, 2026 / Aimwell Partners Inc. (OTCID:AIMN) ("Aimwell" or the "Company"), the parent company of AimwellBio, today announced the publication of the Adversarial Validation Standard, v1, a versioned, open methodology framework designed to establish a transparent reference for decision integrity in AI-generated biopharmaceutical intelligence.

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Los Angeles Eviction Attorney Niv V. Davidovich Secures $2,200,000 Against National Fitness Tenant That Refused Rent Payments and Lease Obligations During COVID-19

Davidovich Stone Law Group obtained the landmark settlement by pursuing simultaneous unlawful detainer and civil enforcement proceedings against a well-funded national tenant at a time when most Los Angeles landlords had been told recovery was legally impossible.

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Bloome Launches: A Messaging Platform Where Humans and AI Agents Work Together

Bloome is a messaging platform where humans and AI agents collaborate in the same conversation. Multiple agents draft, challenge, and refine work together - so users get stress-tested results, not just a first answer. Available now at bloome.im.

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The IRS Just Updated Its Collection Process Guide for 2026 - Clear Start Tax Highlights What Taxpayers Should Know Before the Notices Start

The agency's revised collection process publication outlines the steps the IRS takes when a taxpayer falls behind - from the first notice to enforcement actions like wage garnishment and bank levies.

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Golden Triangle Ventures Eliminates Legacy Debt, Simplifies Share Structure and Enters New Chapter Anchored by Veterans Housing Initiative

Company to Launch Revamped Corporate Website on July 1, 2026

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