BBC Business
In a shocking move that surprises absolutely no one, the UK government nationalises British Steel to prevent the country from losing its ability to make virgin steel - and because private investors mysteriously weren't lining up to buy a plant…
TechCrunch
Greylock raises $1.5B fund, could have raised more, but decides to keep it small because making money isn't everything - being the most important partner to the most important entrepreneurs is.
The Verge
Lucid denies bankruptcy rumors, but the EV sector is already panicking as stock prices plunge and the future looks less electric.
NPR Economy
China's Q2 GDP growth hits 4.3%, the weakest since 2022 lockdowns, as export boom masks weak domestic spending and a property slump.
BBC Business
Thames Water posts profit after 40% bill hike, but debt balloons to £18.5bn, complaints soar 77%, and the firm waits to see if new PM Andy Burnham will nationalise it.
BBC Business
China's economy grew a measly 4.3% in Q2, missing its target as the Iran war and domestic ennui spoiled the party, but hey, exports are booming.
The Guardian
Australia's top CEOs got a 16% pay rise to a median $4.8m, while Bill Shorten expressed shock at university antisemitism testimony, calling masked intimidation 'cowardice'.
BBC World
De Beers hits pause on its flagship South African mine for two years, as lab-grown diamonds and changing tastes prove that 'forever' might be shorter than advertised.
BBC Business
Removing GST from food would cost £14.4m a year and mostly help the rich, says minister, as Guernsey protests a proposed 3% GST.
The Guardian
South East Water gets slapped with a £30.5m fine for failing to provide water, because apparently that's not automatic.
TechCrunch
Tech's already-rich elite are abandoning cushy retirement and C-suite gigs to join AI companies as mere 'members of technical staff,' driven by FOMO and the chance to make even more money.
GMC trucks are the unofficial vehicle of Western Canada, where the Calgary Stampede serves as a rolling auto show for million-dollar pickups with enough torque to tow a small planet.
The Guardian
Oil prices surge as Trump imposes a toll on Strait of Hormuz traffic, markets tumble, and the US-Iran truce looks about as stable as a Jenga tower in an earthquake.
The Guardian Europe
China's record 12.7 million graduates enter a job market that's pivoting to AI and tech while humanities grads wonder if their degree qualifies them for delivery driving.
BBC Business
Regulators have made switching suppliers easier, but Virgin Media's £28m fine for making it a nightmare reminds us it wasn't always so.
NPR Economy
A Monopoly importer tries to make a board game in the U.S. to dodge tariffs, discovers it's like landing on Boardwalk with no hotels.
BBC Politics
Andy Burnham's adviser says he'll put money in people's pockets, but won't say how much or when. Also, water and buses.
BBC Business
London’s poorest pay hundreds more a year for basics like food and energy, because the system apparently thinks poverty isn’t stressful enough.
NPR Economy
Moody's Analytics estimates the Iran war has cost each U.S. household about $1,100 - roughly the annual fruit-and-vegetable budget, but with more geopolitical baggage.
NPR Economy
Drought, low herd sizes, and screwworms are driving up beef prices, making Texas taco lovers reconsider their life choices - or at least their protein.
The Good Times
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