American Bitcoin Treasury Tops 8,000 BTC Amid Turmoil

 

United States — American Bitcoin Corp reported its treasury has moved past 8,000 BTC after a series of mining gains and treasury purchases, the company said this week. The firm disclosed in early July that its satoshis-per-share and total reserve grew roughly threefold since its Nasdaq debut, and it completed...

East Peoria advances purchase of 272-acre farmland

 

EAST PEORIA, Ill. — On Tuesday evening the East Peoria city council moved forward with acquiring 272 acres of the Keil & Blye Farm on the northwest edge of the city near U.S. Route 24, Centennial Drive and Grange Road; the parcel was won at auction at about $19,100 per...

Kansas Announces Multiple State Tax Credits and Extensions

 

Topeka, Kansas. On Wednesday, July 1, 2026, the Kansas Department of Revenue published four notices announcing new and amended tax credits and extensions covering ethanol retailers, angel investors, gun- and ammunition-storage expenditures, and state participation in a federal scholarship contribution tax credit for taxable years beginning after Dec. 31, 2026. The...

Los Angeles warehouse demolition halted amid solar dispute

 

Los Angeles, California – Cleanup and demolition of a fire-damaged cold storage warehouse in the Boyle Heights neighborhood have been halted amid a dispute between facility operator Lineage Logistics and rooftop solar owner Altus Power. The 491,000-square-foot Lineage facility was destroyed by a weeklong fire that began on June 17,...

Europe: Uber halts food rollout for Delivery Hero talks

 

Uber has paused its local food delivery expansion across Europe as it focuses on pursuing a potential deal with Delivery Hero, according to a report published this week by the Financial Times. The company is shifting resources away from a city-by-city rollout strategy to explore a broader consolidation of its...

Saudi Arabia, Russia lead OPEC+ August output hike

 

The OPEC+ alliance has approved a 188,000 barrels per day increase in oil production quotas for August 2026, following a virtual meeting on Sunday, July 5, 2026. The move marks the fifth consecutive monthly hike of the same size, bringing the cumulative quota increase since April 2026 to about 940,000...

United States investors lose billions on Trump memecoin

 

A report by cryptocurrency analytics firm Nansen, finalized and published in early July 2026, finds that nearly one million retail investors in the United States have collectively lost about $3.81 billion on President Donald J. Trump’s official memecoin through the end of June 2026. The report’s release coincided with Trump’s...

Brussels activates US trade pact to avert tariffs

 

The European Union has activated a comprehensive trade agreement with the United States to avoid steep U.S. tariff hikes threatened by President Donald Trump for July 4, 2026. Approved by the European Parliament and finalized by the Council of the European Union, the pact sets a uniform 15% tariff on...

United States: Tesla caps employee AI spending weekly

 

United States-based Tesla has imposed a strict $200 weekly cap on artificial intelligence spending for employees, triggering internal concerns about its potential impact on innovation and the company’s long-term AI strategy. The limit applies to tools and services that support AI-related work, and employees say the spending ceiling is already...

United States fines Hopper $35 million over dark patterns

 

WASHINGTON — The U.S. Federal Trade Commission has reached a $35 million settlement with travel-booking app Hopper, resolving allegations that the company used hidden fees and manipulative interface design to deceive consumers. In a complaint filed on July 2, 2026, the FTC alleged that Montreal-based Hopper and its U.S. subsidiary,...