AP Top Business News at 4:31 a.m. EDT

Meta reaches landmark $18 billion settlement with states in trial over teen social media addictionMeta joins a list of corporations that have settled cases for billions of dollarsStrong AI chip demand fuels Nvidia's Q2 results well beyond Wall Street's expectationsAsian stocks are mixed after Wall Street retreats following economic updatesCanada is bolstering its defense industry as US relations fray. A boom is on for local contractorsKey inflation gauge remains elevated during Iran conflict and ongoing US trade fightsDolly Parton's love of the Great Smoky Mountains helped transform her hometownTrump says the US doesn’t need Canada. The economy says otherwiseFed governor Lisa Cook slams Trump's renewed threat to fire herUS-Canada animosity could impede an end to a trade war neither country