China Inflation Cools in July as CPI Misses Forecast, PPI Deflation Eases 
Alibaba Plans Revenue-Sharing Model for Qwen3.8-Max AI Commercial Users 
Sinopec Boosts Russian ESPO Oil Purchases as Middle East Supply Tightens 
Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls 
Moderna Wins FDA Approval for mFLUSIVA mRNA Flu Vaccine for Adults 50+ 
Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises 
Trump Unveils $3 Billion U.S. Critical Minerals Push 
Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts 
Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins 
Nintendo Shares Jump as Switch 2 Sales Boost Earnings 
Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue 
Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch 
Oil Prices Rise as Hormuz Reopening Remains Uncertain 
Daimler Truck Q2 Profit Falls 18%, 2026 Outlook Raised 
Australian Shares Fall as Westpac Slides, Miners Gain Ahead of RBA Decision 
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings 
SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns 
Amazon wants the Federal Trade Commission Chairwoman Lina Khan removed from all of the antitrust cases that the company is facing. Jeff Bezos’ firm stated that it is making the request from the agency because the investigations should be unbiased.
Why the e-commerce giant wants to ban Lina Khan in its antitrust cases
As per Fox Business, before finally becoming the FTC chairwoman, Lina Khan spent many years urging the government to go after Amazon and made many public allegations too. Apparently, the company thinks that she will never pass just judgment as she has been against Amazon for years.
This is why the firm stated that its antitrust cases should be off-limits to Lina Khan. They asserted that she must have nothing to do with the investigations involving Amazon. If she will be part of the probe, given the fact she has been accusing the company of violations over the years, the company is more likely to lose in the cases.
"Given her long track record of detailed pronouncements about Amazon, and her repeated proclamations that Amazon has violated the antitrust laws, a reasonable observer would conclude that she no longer can consider the company's antitrust defenses with an open mind," part of the Amazon’s petition for Khan’s recusal reads. "Indeed, doing so would require her to repudiate the years of writings and statements that are at the foundation of her professional career."
Khan’s assignment as FTC commissioner
The company’s lawyers filed the petition to FTC on Wednesday, June 30. This move comes after Khan was sworn into office as the commission’s chairman a few weeks ago.
CNBC reported that Khan was appointed earlier this month after the Senate confirmed her to serve as a commissioner. During the session at the Senate, Khan told Sen. Mike Lee that she has no financial conflicts that may subject her to be disqualified under the ethics laws.
Lina Khan’s name became known within the antitrust circles due to her Yale Law Journal article that was published in 2017. It was titled “Amazon’s Antitrust Paradox,” and she wrote this while still a law student.
