The Supreme Court ruled that tariffs put in place by President Donald Trump’s administration were unlawful and ordered refunds. However, only a small part of the $166 billion owed has been paid back, and the current refund process mainly helps large corporations while working families and small businesses receive little or no relief.
Key Facts
The Supreme Court declared certain tariffs from President Trump’s administration unlawful in February.
$166 billion in refunds were ordered, but only $21 billion has been repaid so far.
Another $40 billion is stuck because individuals must sue separately to get their refunds.
The refund process favors large importers who have legal resources to file complex claims.
Working families paid around $1,700 more per household due to these tariffs.
Small businesses, farmers, and manufacturers faced higher costs but have limited access to refunds.
The administration continues to impose similar new tariffs despite court rulings.
State officials urge changes to make refunds fair and transparent for consumers and small businesses.
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Virginia has agreed to add a new tax on electricity used by data centers starting July 2026 and ending before July 2028. This tax aims to raise up to $600 million a year to support the state budget, while new environmental rules will encourage data centers to use more water- and energy-efficient cooling methods.
Key Facts
Virginia will charge data centers $0.011 per kilowatt-hour of electricity starting July 1, 2026, ending before July 1, 2028.
The tax could generate up to $600 million annually for Virginia’s general fund.
Any revenue above $600 million will go into a special fund and be refunded to data centers proportionally.
Virginia is imposing a new tax rather than cutting existing tax breaks for data centers.
New environmental rules will focus on reducing water use for data center cooling, especially in areas with scarce groundwater.
The state’s Department of Environmental Quality will create plans to retrofit current data centers to use more efficient cooling systems.
Some lawmakers want data centers to pay more to fund social programs, while others worry the tax could hurt Virginia’s business climate.
Northern Virginia has the largest concentration of data centers in the world, with over 200 facilities.
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The CEO of People Inc., Neil Vogel, said Google is misusing its power by using the same tool to gather content for both its search engine and artificial intelligence (AI) projects. Vogel explained that blocking Google is hard because it uses one crawler for both purposes, which affects content owners and their revenues.
Key Facts
Neil Vogel is the CEO of People Inc., a large American publisher.
Google uses one web crawler for both search indexing and AI data collection.
Blocking Google’s crawler is difficult because it serves multiple Google services.
People Inc. previously partnered with Cloudflare to control AI crawlers through a permission-based system.
Publishers like People Inc. earn money from search traffic through ads and affiliate links.
People Inc. has AI content licensing agreements with Meta, OpenAI, and Microsoft.
Some deals let AI companies use content without limits; others are pay-as-you-go.
Vogel expects AI-publisher agreements will continue because publishers provide essential data inputs for AI.
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INFINITI, a luxury car brand owned by Nissan, is working to improve its image and boost sales after recent declines. The company focuses on creating a distinct identity separate from Nissan, even though they share some vehicle technology.
Key Facts
INFINITI’s U.S. sales dropped from 153,415 vehicles in 2017 to 46,915 in 2023.
Nissan’s U.S. sales also decreased from about 1.44 million in 2017 to around 729,000 in 2022 but are improving since then.
Eric Ledieu, INFINITI Americas Vice President, says many people don’t realize Nissan and INFINITI are owned by the same company.
INFINITI wants to keep its own brand look and feel, even though it shares vehicle parts with Nissan.
Some features or car versions may be unique to INFINITI and not available on Nissan models.
INFINITI offers services like home pickup and delivery of cars, in-app scheduling, and loaner vehicles to improve customer experience.
The brand’s current changes are supported by leadership from Nissan Motor Corporation’s CEO Iván Espinosa and new executives in the U.S. market.
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The chief executive of Royal Mail’s parent company earned nearly £7 million last year, more than three times his previous pay, even though the company’s profits dropped by 20%. This increase was mainly due to the takeover by Czech billionaire Daniel Křetínský, which triggered special bonus payments.
Key Facts
Martin Seidenberg, CEO of International Distribution Services (IDS), was paid £6.9 million in the year ending March 31.
This pay is more than triple his £2.1 million pay the previous year.
The big pay rise resulted from the £3.6 billion takeover by Daniel Křetínský, causing IDS to be delisted and bonuses to be paid out early.
IDS’s profits fell by 20% to £222 million despite Royal Mail’s profits rising slightly to £5 million.
Parcel delivery service GLS, also owned by IDS, saw profits drop 17% due to new rules in Italy and US tariffs affecting Canada.
Revenues rose 3.6% to £13.6 billion, but operating costs increased by £629 million, mainly from higher wages and taxes.
Royal Mail parcel volumes grew 7%, but letter volumes dropped 10%.
The UK postal regulator Ofcom is investigating Royal Mail again for late deliveries, with almost 25% of first-class mail arriving late.
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Power Plate Meals LLC is recalling about 5,795 pounds of frozen meatloaf meals because they contain soy that is not listed on the label. The recall affects products sold in Minnesota, North Dakota, and South Dakota and warns people with soy allergies not to eat these meals.
Key Facts
The recall involves frozen meatloaf with garlic mashed potatoes in 13.3-ounce vacuum-sealed trays.
Products were made between June 25, 2025, and June 10, 2026, with use-by dates from June 25, 2026, to June 10, 2027.
The recall is due to undeclared soy, a major allergen that must be listed on food labels by law.
Distribution was limited to three states: Minnesota, North Dakota, and South Dakota.
No allergic reactions have been reported yet, but soy allergies can cause severe or life-threatening reactions.
Consumers should throw away or return the product if they have it.
Undeclared allergens are a leading cause of food recalls in the U.S., making up about 38.8% of recalls in 2025.
The recall was triggered after a state inspector noticed soy was missing from the product’s ingredients list.
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Economist Mark Zandi from Moody’s says the economy is divided into two parts, forming a K-shape. High-income people are spending more, while others are not, showing that the economic gap continues.
Key Facts
The term "K-shaped economy" means different groups in the economy are doing very differently.
High earners are increasing their spending.
Lower earners are not seeing the same economic improvement.
The economic divide between rich and poor remains strong.
Mark Zandi is an economist at Moody’s, a financial research firm.
This situation shows uneven recovery or growth in the economy.
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Filmmaker Rory Kennedy made a new documentary about Boeing after whistleblower John Barnett died by suicide. Barnett exposed safety problems and poor practices at Boeing, including using defective parts on planes and issues with emergency oxygen systems. The film aims to share his story and highlight ongoing concerns about Boeing’s safety standards.
Key Facts
John Barnett worked at Boeing for 32 years and became a whistleblower about safety issues.
Barnett was found dead in 2024 in Charleston, South Carolina, with a self-inflicted gunshot wound.
Barnett reported that defective parts, some painted red to mark them as scrap, were used on passenger jets.
He found that 25% of Boeing 787 Dreamliner emergency oxygen systems failed tests.
Barnett said Boeing management harassed him and told him not to document safety concerns to avoid responsibility.
Rory Kennedy’s new documentary, "Freefall: A Reckoning for Boeing," is a follow-up to her earlier film about Boeing crashes.
The previous Boeing 737 Max crashes in 2018 and 2019 killed 346 people and were central to the first documentary.
Boeing disputes the claims about the 787 Dreamliner’s safety and states they ensure the aircraft’s quality.
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StubHub UK has been ordered to refund more than 50,000 customers and pay a £900,000 fine for not showing all ticket costs upfront. The Competition and Markets Authority (CMA) found that extra fees were added only at checkout, which is against the law.
Key Facts
StubHub UK must refund about £10 on average to each affected customer.
The CMA fined StubHub £900,000 and said hidden fees are illegal.
The issue involved mandatory fees like delivery and service charges added late in the purchase process.
StubHub UK admitted breaking the law and took steps to fix the problem.
The CMA is investigating other companies for similar pricing practices.
"Drip pricing," where fees appear late rather than upfront, was banned last year.
The CMA now has powers to order compensation and fines without going to court.
The CMA’s investigation into another ticket firm, Viagogo, is still ongoing.
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The United States has temporarily lifted sanctions on Iranian oil exports to support ongoing peace talks between the two countries. This move allows Iran to sell oil again on the global market while negotiations continue for 60 days.
Key Facts
The US suspended sanctions on Iranian oil starting Monday.
The sanction waiver is temporary and lasts for 60 days.
This change helps Iran return to selling oil internationally.
The move is part of ongoing peace negotiations between the US and Iran.
The waiver has affected global oil prices.
The article also mentions job cuts at Oracle and drops in tech stocks worldwide, showing broader economic impacts.
UN nuclear inspectors are expected to return to Iran during this period.
The negotiations include topics like diluting uranium and oil sales agreements.
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San Francisco is addressing the problem of "zombie" grocery stores—stores that are closed but still leased by large companies, preventing others from opening there. City officials propose a new law to tax these empty stores, encourage new businesses to open, and improve access to affordable food for residents.
Key Facts
"Zombie" grocery stores are closed stores still held by tenants, blocking new stores from opening.
These empty stores worsen food access in some neighborhoods, creating "food deserts."
Many residents, especially seniors and low-income families, must travel far to buy groceries or medicine.
San Francisco’s Affordable Groceries Act would impose a tax on large chains leaving stores empty.
The law also offers tax breaks and speeds up approval for new grocery stores.
Money from the tax would support programs to lower food prices and help underserved communities.
Food prices in the U.S. rose about 27% from 2020 to 2025, making groceries less affordable.
Nearly one-third of San Francisco residents below poverty face food insecurity, highlighting the need for action.
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Dettol, a British hygiene brand, apologized after an advertisement in China trying to criticize sexism caused anger online. The ad compared "toxic men" to bacteria but was seen as objectifying women, leading to backlash and the ad’s removal.
Key Facts
The ad showed a man looking for a “clean” partner and then being called out for misogyny by his girlfriend.
Dettol used the idea that their product can "clean" toxic men like bacteria.
Many people on Chinese social media said the ad objectified women and called for a boycott.
Dettol said the ad’s message was misunderstood and took responsibility for mistakes in its review process.
The ad was removed after the negative reaction.
Dettol promised to improve how it checks its advertising content.
This is not Dettol’s first controversy in China; a previous ad was also criticized for sexist content.
The backlash highlights sensitive issues around gender stereotypes in advertising in China.
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Nissan has stopped developing a fully electric version of its popular Qashqai model as part of cost-cutting efforts. The company is considering new plans for its Sunderland factory, including possible financial help from the UK government and building cars for other makers.
Key Facts
Nissan paused work on a full electric Qashqai last year at its Sunderland plant in the UK.
The Sunderland factory is the largest car plant in the UK and currently makes the electric Leaf and an upcoming electric Juke.
Nissan is closing one of two production lines at Sunderland due to lower demand for its vehicles.
The company signed an agreement to explore building cars for China’s manufacturer Chery.
Nissan plans to cut costs by closing seven factories and reducing 20,000 jobs globally.
The Qashqai model made up about 45% of Nissan's European sales in 2025, with petrol and hybrid options still available.
If restarted, the Qashqai electric vehicle would not launch before the early 2030s.
Nissan says it remains focused on growing its hybrid and electric vehicle lineup despite changing demand in Europe.
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StubHub UK was fined nearly £900,000 by the UK competition watchdog for adding hidden fees at the end of ticket purchases. The company must also pay refunds totaling more than £590,000 to over 50,000 customers who were charged extra fees not shown at the start of booking.
Key Facts
StubHub UK was fined £889,200 for breaking consumer protection laws.
They must pay refunds totaling over £590,000 to 51,350 customers.
The average refund per customer is about £10.33.
Hidden fees included mandatory delivery and service charges added only at checkout.
This practice is called “drip pricing” and is illegal in the UK.
The fine included a 40% reduction because StubHub admitted to the wrongdoing and settled.
The UK Competition and Markets Authority (CMA) used new powers to enforce consumer law without going to court.
The CMA is also investigating other companies like Viagogo UK, Gold’s Gym, and several homeware retailers for similar issues.
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Ed Miliband will say that the UK must continue with its net zero climate targets to create jobs and boost growth. Over £100 billion in private investments in clean energy has been pledged during the current parliament, showing a growing green economy in the UK.
Key Facts
Ed Miliband will speak at London Climate Action Week about the importance of net zero targets.
More than £100 billion of private investment has been announced in clean energy since the UK government took office.
The investments focus mainly on offshore wind, solar power, and the electricity grid, planned mostly between 2024 and 2031.
The clean energy sector has grown faster than the rest of the economy and tends to create higher-paying jobs.
Miliband is seen as a potential future chancellor, and his net zero policies have been a point of debate within the government and unions.
Some critics say the net zero push harms the economy, but experts argue it supports economic growth and job creation.
Investment comes from both UK companies and foreign sources such as the EU and Japan.
The future of net zero policies may be uncertain with the possibility of a new prime minister and chancellor.
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Many stores and brands offer big discounts during Amazon Prime Day to attract customers who do not want to shop on Amazon. This article lists 26 recommended sales from different companies, featuring a variety of products such as kitchenware, home goods, and tech devices.
Key Facts
Amazon Prime Day is a yearly event with large discounts on many products for Prime members.
Competitors like Walmart, Best Buy, and smaller brands offer their own sales during the same time.
The article recommends 26 top deals from trusted brands that the staff have personally tested.
Recommended products include kitchenware, like Anyday glass dishes and Caraway cookware, and tech items like Sony noise-cancelling earbuds.
Discounts can be as much as 48% off original prices on some items.
The list is updated daily during the sales period.
Some deals highlighted include Cozy Earth bath towels, Helix mattresses, and Ninja coolers.
Many products are praised for quality and usefulness, even without discounts.
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Ticket reseller StubHub was fined £900,000 for not showing customers the full price of tickets upfront. Over 50,000 buyers will get refunds after an investigation by the UK's Competition and Markets Authority (CMA).
Key Facts
StubHub did not clearly show total ticket prices including extra fees before checkout.
The CMA fined StubHub £900,000 for this practice.
More than 50,000 customers will receive refunds.
The average refund per customer is expected to be about £10.
Hidden fees in pricing are illegal because they mislead customers.
StubHub will contact customers to arrange their refunds.
The CMA investigated other firms for similar hidden fee issues.
The goal is to protect consumers from unexpected extra charges when buying online.
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Asian stock markets showed mixed results on Tuesday as investors stayed cautious about the ongoing war in Iran and its impact on the economy. Oil prices fell slightly after U.S. and Iran officials held talks, while U.S. stock markets had mixed trading, with some big technology companies experiencing noticeable drops.
Key Facts
Japan's Nikkei 225 index dropped by 0.9% to 71,681.29 early Tuesday.
South Korea's Kospi index fell 2.8%, while Hong Kong's Hang Seng slipped 0.4%, and Shanghai Composite rose by 0.2%.
Australia's S&P/ASX 200 remained nearly flat with a slight increase of less than 0.1%.
U.S. crude oil price increased slightly to $74.21 a barrel, and Brent crude rose to $78.13 a barrel after peace talks between the U.S. and Iran.
The U.S. 10-year Treasury yield increased to 4.50%, reflecting expectations of possible interest rate hikes to control inflation.
The S&P 500 index fell 0.4%, ending an 11-win streak over 12 weeks, while the Dow Jones rose 0.3% and the Nasdaq dropped 1.3%.
Shares of major companies like Alphabet, Amazon, and Broadcom fell by around 4.5% to 5%.
SpaceX shares dropped 16.4% after a recent initial surge following its stock market debut.
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Pauline Hanson said that small businesses will fail if they have to pay for parental leave, but in Australia it is not required by law for employers to pay parental leave. Most businesses already provide paid parental leave, and employees can take up to 12 months of unpaid leave. The government will increase its paid parental leave support to 26 weeks starting July 1.
Key Facts
Employers in Australia are not legally required to pay for parental leave.
Employees can take up to 12 months of unpaid leave under the National Employment Standards.
Nearly 70% of businesses currently offer some form of paid parental leave.
The government’s paid parental leave program will increase from 24 to 26 weeks at minimum wage starting July 1.
Pauline Hanson said government, not businesses, should pay for parental leave costs.
Hanson said small businesses cannot afford to pay for parental leave and may close if forced to do so.
Labor officials said Hanson misunderstood the policy and that paid parental leave helps families without harming small businesses.
The Nationals’ leader asked Hanson to explain her party’s change in position on parental leave.
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Australia will continue to allow the use of the herbicide paraquat, even though over 70 countries have banned it due to worries it may cause Parkinson’s disease. The Australian regulator, APVMA, decided this after reviewing many studies but did not find clear proof that paraquat causes the disease. However, they will enforce stricter rules to reduce risks to farm workers and wildlife.
Key Facts
Paraquat is banned in more than 70 countries because of health concerns.
The Australian Pesticides and Veterinary Medicines Authority (APVMA) reviewed paraquat and decided to keep it legal.
APVMA’s review did not find a definite cause-and-effect link between paraquat and Parkinson’s disease.
Stricter limits will be placed on how much paraquat can be used and on safety measures for those applying it.
Paraquat is mainly used in farming grains, sugarcane, cotton, and horticulture in Australia.
Other countries like the European Union and the UK banned paraquat citing safety concerns.
Some internal company documents revealed early concerns about paraquat’s potential harm.
Parkinson’s researchers in Australia disagree with APVMA, saying studies show paraquat increases Parkinson’s risk by about three times.
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