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NPR (Brittney Melton) - U.S. to instate Strait blockade. And, states sue to stop Paramount-Warner Bros merger

The United States plans to reinstate a blockade over the Strait of Hormuz today. And, several states are suing to stop the massive Paramount-Warner Bros. merger.

NYTIMES (Rob Copeland and Stacy Cowley) - Big Banks Smash Earnings Records, but ‘Tectonic’ Risks Loom

The largest banks in the United States collectively raked in tens of billions of profits in the second quarter, despite the war in Iran and persistent inflation.

NYTIMES (Mark Landler) - Europe, Flexing Muscle in Ukraine, Is Still on Sidelines in Iran

In a show of collective strength, President Emmanuel Macron of France hosted European allies at the annual Bastille Day parade in Paris. Yet Europe is still a hostage to America’s foreign policy.