Roundup: $26.3B Prime Day / Iranian oil exports / Benny’s in Baker

    Spending boom: U.S. shoppers are expected to spend about $26.3 billion during Amazon’s 12th annual Prime Day sale that begins Tuesday. That equates to a 9% increase from last year. Strong demand for discounted essentials and value-focused purchases is expected to drive sales despite ongoing economic pressures. The event’s expanded four-day format is also expected to boost spending and participation. Bloomberg has the full story.

    Licensed to sell: The U.S. Treasury has issued a temporary 60-day general license allowing Iran to sell oil, easing sanctions as part of ongoing negotiations aimed at a broader peace deal. The move comes after talks in Switzerland between U.S. and Iranian officials, with both sides reporting progress toward de-escalating tensions. Markets reacted quickly, with oil prices falling as traders anticipated increased global supply from Iranian exports. CNBC has the full story.

    Car wash expands again: Benny’s Car Wash has opened a location in Baker, its 10th in the Greater Baton Rouge area. Located at 938 Main Street next to Baker High School, the new site offers exterior washes, interior cleaning, self-service vacuums and an on-site B-Quik convenience store. Co-owner Justin Alford thanked Mayor Darnell Waites and his staff for their support, and the company plans to host an official grand opening celebration in the coming months. Benny’s co-owner Benny Alford was inducted into Business Report’s Hall of Fame earlier this year.