Business & Markets — July 2, 2026

Google loses final EU antitrust appeal. Europe's top court dismissed Google's final appeal against a record €4.1 billion Android antitrust fine imposed in 2018, ending an eight-year legal battle. (<a href="https://www.cnbc.com/2026/07/02/alphabet-google-android-eu-antitrust-fine-4-1-billion-euro-appeal.html">More</a>)

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Hybrids drive Q2 U.S. auto sales divide. Automakers offering hybrid models largely outperformed those without them in second-quarter U.S. sales, signaling a structural shift away from pure EVs and traditional gas vehicles. (<a href="https://www.cnbc.com/2026/07/01/q2-auto-sales-gm-stellantis-toyota-hyundai.html">More</a>)

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World Cup may lift June jobs report. Goldman Sachs estimates FIFA World Cup activity could add roughly 40,000 jobs to Thursday's June payrolls report, complicating the Fed's read on underlying labor market strength. (<a href="https://www.cnbc.com/2026/07/01/world-cup-could-boost-the-june-jobs-report-by-40000-goldman-estimates.html">More</a>)

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Kroger to buy Giant Eagle for $1.65 billion. Kroger will acquire the regional grocer and pharmacy retailer for $1.65 billion, expanding its Midwest and Mid-Atlantic footprint after regulators blocked its earlier Albertsons merger. (<a href="https://www.fastcompany.com/91568399/kroger-giant-eagle">More</a>)

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