
Companies Begin Applying for $166 Billion in Supreme Court-Ordered Tariff Refunds
Importers are starting to request refunds from a $166 billion pool of tariffs invalidated by the Supreme Court, though distribution may take weeks.

Importers are starting to request refunds from a $166 billion pool of tariffs invalidated by the Supreme Court, though distribution may take weeks.
Wall Street futures fell as ongoing conflict involving Iran pushed oil prices close to $120 per barrel, raising inflation concerns.

S&P 500 companies report strong earnings while global manufacturing shows weakness amid inflation concerns and central bank policy uncertainty.

Wall Street showed divergent performance as technology stocks declined while the Dow Jones reached a new record high.
The International Monetary Fund reduced its UK growth projection to 0.8% this year, marking the largest downgrade among G7 nations.

SpaceX has reportedly engaged 21 banks for a potential initial public offering under the internal code name 'Project Apex,' according to multiple reports.

Americans report better feelings about personal finances and economy in June due to lower gas prices, though sentiment remains at historically low levels.
Sigma Healthcare has pulled out of talks to acquire UK drugstore chain Boots, citing failure to meet strategic objectives.

Multiple energy and utility companies reported corporate activities including share sales, merger talks, and infrastructure projects.

Multiple financial market developments occurred including currency volatility, corporate bond activity, and commodity trade disruptions.

SoftBank has surpassed Toyota Motor to become Japan's largest company by market capitalization for the first time in over two decades.
U.S. stock markets gained ground amid reports suggesting possible progress toward resolving tensions with Iran.

Various business developments reported across energy, AI, finance and technology sectors.

ISS and Glass Lewis advise shareholders to support resolution separating Jamie Dimon's dual roles at the bank's annual meeting.
Honda posted its first annual loss in over six decades after taking multibillion-dollar charges related to scaling back electric vehicle operations.
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