A Suzhou court ruled that Molly Tea's four-petal flower logo violated Louis Vuitton's monogram trademark, ordering the Chinese company to pay 10.3 million yuan, sparking debate over the ownership of traditional Chinese motifs.
The annual Allen & Company conference in Sun Valley, Idaho, will convene top executives from technology, media, and other sectors beginning July 7, with several high-profile figures absent.
Virtual production firm Orbital Studios announced it will establish a physical studio at Television City in Los Angeles, expanding its operations and partnering with the historic soundstage complex.
The fast-food chain will add six locations across California, Arizona, Utah, Tennessee, and Idaho, while its CEO reiterated no plans for East Coast expansion.
Walmart and Sam's Club said they are lowering prices on thousands of products nationwide, citing a desire to help families manage costs during the summer season.
The administration's 2026 regulatory agenda proposes eliminating 702 rules across agencies, projecting $1.5 trillion in cost savings and revisions to EPA, USDA, and commerce policies.
A recent Wall Street Journal report indicates that Xbox Game Pass has about 30 million subscribers, far below earlier projections and the company's target of 100 million by 2030.
Double Fine Productions and Compulsion Games will become independent studios again, keeping the rights to their existing titles as they transition out of Xbox ownership.
Mint Mobile is offering its prepaid plans for $15 a month for new customers, while its inventory of Google Pixel phones has been depleted.
Xbox chief Asha Sharma announced a goal of entertaining more than a billion people each day, even as the company prepares to spin off four studios and lay off about 3,600 employees.
Swedish fintech Klarna has filed applications with federal and state regulators to launch a bank subsidiary in Utah, aiming to offer a broader range of financial products in the United States.
Lucid Group's stock has fallen about 45% in 2026, while the company announces AI and autonomous-vehicle initiatives that may require significant new funding.
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