AI advertising strategies, retail restructuring, and regulatory changes dominate business news as companies navigate economic shifts and emerging technologies.

Advertisers at Cannes Lions are grappling with how to influence AI chatbots and get their messages through to artificial intelligence systems, representing a fundamental shift in marketing strategy as AI becomes a primary consumer of digital content.

Saks Fifth Avenue has emerged from bankruptcy under a new corporate name, Exemplar Luxury Group, focusing exclusively on high-end department store operations while divesting non-core retail segments.

Uber has implemented stricter background checks for drivers following New York Times revelations that the company had approved drivers with violent felonies and other serious criminal convictions.

David Ellison is close to completing a merger that would combine CBS News and CNN under the same ownership, potentially reshaping the cable news landscape following recent chaos at CBS News.

The Trump administration has approved Anthropic's release of its advanced Mythos AI model to over 100 US companies and government agencies after weeks of negotiations, marking a significant policy shift on AI access.

Consumer spending in May remained strong despite rapidly rising inflation, with consumers described as 'begrudgingly' spending more money as prices climb across various sectors.

Iran's official inflation has reached 88.6% year-on-year as of June, driven by Middle East regional tensions and economic pressures, creating significant challenges for businesses and consumers.

Attacks in the Strait of Hormuz have resumed despite traffic reaching the highest levels since the start of the US-Iran conflict, threatening shipping recovery and global trade routes.

Australia is doubling fines on Big Tech companies as children continue to bypass the country's new social media ban, highlighting enforcement challenges for digital age restrictions.

Airfare prices have risen overall due to high jet fuel costs, though the increases show surprising variation depending on destination, affecting travel planning for consumers and business operations.