Panasonic to postpone US EV battery plan on slow Tesla sales, Nikkei says

New York City’s corporate elite are weighing in on Zohran Mamdani, the progressive firebrand shaking up local politics. The article dives into candid conversations with top CEOs about their views—ranging from admiration to alarm—on his policies and influence. It’s a rare peek behind the curtain at how business leaders are reacting to the city’s shifting political landscape.

Editor’s Note: Love him or loathe him, Mamdani’s rise is forcing NYC’s establishment to take notice. This isn’t just gossip—it’s a snapshot of how money and power intersect with progressive politics in a city that’s always been a battleground for big ideas. Whether you’re rooting for disruption or wary of it, these CEOs’ opinions could hint at where the city’s headed next.

This podcast episode dives into the candid reactions of New York City’s corporate leaders to Zohran Mamdani, a progressive lawmaker whose policies and rhetoric have ruffled feathers in the business community. The CEOs’ perspectives range from wary skepticism to outright opposition, offering a rare peek into how the city’s power players view left-wing political shifts.

Editor’s Note: Love him or loathe him, Mamdani’s influence is sparking real conversations in boardrooms. For New Yorkers, this isn’t just ideological sparring—it’s a signal of how growing progressive momentum could reshape the city’s economic landscape, from taxes to labor policies. CEOs aren’t just watching; they’re weighing in.

Walmart is offering a pair of wireless earbuds that normally retail for $130 at a steep discount—just $18. And it’s not just the price that’s turning heads; customers are raving about the sound quality, comfort, and battery life, with many calling them a steal for the price.

Editor’s Note: In a time when everyone’s looking for budget-friendly tech that doesn’t skimp on quality, this deal feels like a win. If these earbuds deliver as promised, it’s a rare case where "cheap" doesn’t mean "cheaply made"—and that’s worth paying attention to.

Chancellor Rachel Reeves expressed frustration as the UK economy shrank for the second consecutive month in May—a surprise downturn that puts her in a tough spot. The numbers suggest the recovery isn’t gaining momentum, and now she’s under even more scrutiny to turn things around.

Editor’s Note: This isn’t just another dry stats update—it’s a political headache. Back-to-back contractions signal deeper economic trouble, and with the public already feeling the pinch, Reeves will face harder questions about her plans. If this keeps up, expect louder debates over whether the government’s strategy is working.

Shares of Swedish real estate firm NP3 Fastigheter jumped after reporting higher property valuations, even though their underlying business—like rental income and occupancy—isn’t looking as strong. Investors seem to be betting on the long-term value of their assets rather than current performance.

Editor’s Note: It’s a bit of a head-scratcher—usually, weakening fundamentals would drag a stock down, but here, rising asset values (likely due to market optimism or inflation adjustments) are giving NP3 a boost. This could signal that investors are playing the long game, banking on property prices holding up despite short-term struggles. For the real estate sector, it’s a reminder that perception of value can sometimes trump day-to-day financials.