The FTC surely must be inspired by the story of David and Goliath, because the US regulatory body won’t stop picking fights with tech giants. 

What happened: The US Federal Trade Commission (FTC), alongside 17 states, has filed an antitrust lawsuit against Amazon, claiming the company is a monopoly that illegally crushes its competition, keeps prices inflated for consumers, and traps third-party sellers.  

The saddest six-word story ever written: For sale, $500 shoes, worn once.

What happened: The Adizero Adios Pro Evo 1s are now on sale. They’re Adidas’ newest running shoes, which runner Tigist Assefa wore when she shattered the women’s world marathon record last weekend. The price tag for these record-setting sneaks? US$500.

Do NOT show your HR manager this: In China, companies are adding “helping you find your one true love” to their benefits packages, alongside dental coverage and vacation time.  

Driving the news: Forbes unveiled that TikTok parent company ByteDance has an internal channel on its shared work tool called Meet Cute. It lets employees post photos of friends, family, and acquaintances and advertise them as potential romantic partners to co-workers.

5,680 autoworkers remained on the job past a midnight strike deadline as talks between Unifor, the union representing autoworkers, and Ford were extended another 24 hours.

Why it matters: The extension leaves the door open to avoid a strike at a time when the Big Three automakers are already contending with labour disruptions in the US.

Electric vehicles might be great for bringing emissions down, but there’s growing concern among autoworkers that they might not be great for people who make cars for a living.

Driving the news: United Auto Workers President Shawn Fain, who is leading the first-ever US strike against all three of GM, Ford, and Stellantis (formerly Chrysler), has highlighted the possible dangers for workers presented by the EV transition.

Imagine this: You’re a company, and your second-biggest market, which generates almost a fifth of your revenue, suddenly enacts a partial ban on your products.

Apple is currently living out that nightmare. 

Athletes: They’re just like you and me. They eat, sleep, and are painfully aware of how many views their latest Instagram story is getting. 

Driving the news: As the US Open continues, Genie Bouchard will be on the sidelines after failing to qualify. Despite this, and the fact she also failed to qualify for Wimbledon this summer, a recent study ranked her as the fifth-most valuable Canadian athlete influencer. 

The newest location of Canada’s largest bookstore is set to offer a lot more than books. 

Driving the news: Indigo’s new 16,000-square-foot store, opening in downtown Toronto this fall, aims to be “a cultural emporium” inspired by the hip shops you’ll find lining Tokyo streets, featuring more products, immersive displays, events, and booze (nice). Picture this: 

Cold drinks are hot right now, and it’s all because Gen Z thinks they’re totally mother… are we using that right?  

What happened: Starbucks has prematurely dropped its lineup of fall beverages again this year. If the thought of drinking a piping-hot PSL on a hot August day churns your stomach, fear not—for the first time, three of the five fall beverages will be served iced by default. 

For sale: One lightly used sandwich chain. Price tag: About ten billy.

What happened: Private equity firm Roark Capital is closing in on a deal to buy Subway for a reported price of US$9.6 billion, adding a foot-long trophy to its collection of fast food restaurants that also includes Arby’s, Baskin-Robbins, and Buffalo Wild Wings.