🌎 Extreme heat kills, but not equally. The toll will be greater than expected and those in poor regions will die at higher rates, according to a report:
https://trib.al/aepR1re
📱 Trump says TikTok will have to close its U.S. operations by September 15 unless there’s a deal to sell: https://trib.al/sLT5rKp
🗣 On Wall Street, being Black often means being alone, held back, deprived of the best opportunities. Here, Black men and women tell their stories: https://trib.al/lIslzqd
https://trib.al/aepR1re
📱 Trump says TikTok will have to close its U.S. operations by September 15 unless there’s a deal to sell: https://trib.al/sLT5rKp
🗣 On Wall Street, being Black often means being alone, held back, deprived of the best opportunities. Here, Black men and women tell their stories: https://trib.al/lIslzqd
Bloomberg.com
A Hotter World Will Be More Deadly — And More Unequal
The ultimate question facing billions of humans on a hotter planet is simple — How many of us will die from the extreme heat in decades ahead?
💻 Longer hours, more meetings, more emails — that’s the new normal for many office workers. According to a new global study, the pandemic workday lasts 48 minutes longer, but perhaps you didn’t need research to tell you that. https://bloom.bg/3i2RCfC
💲 Employees at Blizzard Entertainment began circulating a spreadsheet to anonymously share salaries and recent pay increases, the latest example of revolt in the video game industry over wage disparities and executive compensation. https://bloom.bg/30riSOV
🇨🇳 And Microsoft’s long history in China is adding complications to its potential deal with TikTok. https://bloom.bg/30qMFaq
💲 Employees at Blizzard Entertainment began circulating a spreadsheet to anonymously share salaries and recent pay increases, the latest example of revolt in the video game industry over wage disparities and executive compensation. https://bloom.bg/30riSOV
🇨🇳 And Microsoft’s long history in China is adding complications to its potential deal with TikTok. https://bloom.bg/30qMFaq
Media is too big
VIEW IN TELEGRAM
“Beijing’s coming down on us like a ton of bricks,” says Emily Lau, the former chair of Hong Kong’s opposition Democratic Party. 🇭🇰
China’s sweeping national security law has sparked a fresh round of turmoil in Hong Kong. Some, however, believe it’ll bring stability after last year’s protests.
Our new documentary captures the tense atmosphere at one of the most critical moments in the financial hub’s history. Watch a sneak peek above and see the full thing here: https://bloom.bg/2PiYMjs
China’s sweeping national security law has sparked a fresh round of turmoil in Hong Kong. Some, however, believe it’ll bring stability after last year’s protests.
Our new documentary captures the tense atmosphere at one of the most critical moments in the financial hub’s history. Watch a sneak peek above and see the full thing here: https://bloom.bg/2PiYMjs
😷 Germany and Poland recorded increases in new coronavirus infections. https://bloom.bg/30smn7L
🇨🇳 China won't allow a TikTok "smash and grab" by the U.S. and may take action against Washington if a sale is forced, state media warned. https://bloom.bg/3a0WPBN
💰 A small group of London traders made $500 million when crude oil plunged into negative territory in April. https://bloom.bg/3i7dXJ6
🇨🇳 China won't allow a TikTok "smash and grab" by the U.S. and may take action against Washington if a sale is forced, state media warned. https://bloom.bg/3a0WPBN
💰 A small group of London traders made $500 million when crude oil plunged into negative territory in April. https://bloom.bg/3i7dXJ6
Bloomberg
U.S. Cases Up 1.1%; California’s Daily Tally Falls: Virus Update
California reported the fewest new coronavirus cases since June, while Florida and Arizona also saw their infections slow, signaling an easing in some of the U.S. states hardest-hit by the pandemic in recent weeks.
🇱🇧 A massive explosion at Lebanon’s main port rocked the capital Beirut and its suburbs, injuring dozens of people and damaging many buildings: https://trib.al/shMvhsA
🧠 Parents and pediatricians should be on alert for a rare neurological condition afflicting children that can lead to long-term paralysis and, infrequently, death, the CDC warns: https://trib.al/ouNv2j9
🏦 More than half of Black-owned banks have disappeared in the last two decades: https://trib.al/adHNBfQ
🧠 Parents and pediatricians should be on alert for a rare neurological condition afflicting children that can lead to long-term paralysis and, infrequently, death, the CDC warns: https://trib.al/ouNv2j9
🏦 More than half of Black-owned banks have disappeared in the last two decades: https://trib.al/adHNBfQ
Bloomberg
Lebanon Officials Ignored Warnings on Chemical Tied to Blast
The volatile chemical suspected of causing the deadly explosion that flattened Lebanon’s main port had been lying in storage there for six years despite warnings from customs officials about its hazards, documents show.
☕ One way to cope with lockdowns is indulging in little luxuries from pre-pandemic times. These are some of the elements of normality people are clinging to around the world, from artisanal coffee in Melbourne to bubble tea in Singapore: https://bloom.bg/2PqzobO
📉 Earlier this week, we told you that many of the world’s wealthiest dynasties are still adding to their fortunes. Meanwhile, Hong Kong’s richest family lost $8 billion in the past 12 months, underscoring growing doubts about the city’s future. https://bloom.bg/2DDm80t
🍎 And Apple’s stock market heft has entered uncharted waters as its value nears $2 trillion: https://bloom.bg/3gxECym
📉 Earlier this week, we told you that many of the world’s wealthiest dynasties are still adding to their fortunes. Meanwhile, Hong Kong’s richest family lost $8 billion in the past 12 months, underscoring growing doubts about the city’s future. https://bloom.bg/2DDm80t
🍎 And Apple’s stock market heft has entered uncharted waters as its value nears $2 trillion: https://bloom.bg/3gxECym
The search for survivors intensified after a massive explosion in Beirut on Tuesday. At least 100 people were killed, 4,000 were injured, and dozens are missing. https://bloom.bg/2EPLEjP
Singapore sought out U.S. Covid-19 vaccine developer Arcturus Therapeutics and is funding its research in order to secure the first doses of any successful final product. https://bloom.bg/3gvfFDB
Gold rallied into record territory above $2,000 an ounce as investors assessed increased geopolitical risks and the prospect for further stimulus to combat fallout from the coronavirus pandemic. https://bloom.bg/33uVWAq
Singapore sought out U.S. Covid-19 vaccine developer Arcturus Therapeutics and is funding its research in order to secure the first doses of any successful final product. https://bloom.bg/3gvfFDB
Gold rallied into record territory above $2,000 an ounce as investors assessed increased geopolitical risks and the prospect for further stimulus to combat fallout from the coronavirus pandemic. https://bloom.bg/33uVWAq
Bloomberg
Search for Beirut Blast Survivors Intensifies as Toll Mounts
Army personnel and rescue workers sifted through mountains of rubble from a massive explosion that flattened Lebanon’s main port, looking for survivors from a blast that roared through the capital, Beirut, killing dozens and wounding thousands more.
🇱🇧 Rescue workers in Beirut are sifting through rubble in search of survivors of the blast, which killed dozens and injured thousands more: https://trib.al/eVvxRPt
📱 With TikTok under intense political scrutiny in the U.S., Instagram launches a copycat product called Reels in more than 50 countries: https://trib.al/m6NVkek
🚲 Rome, Lisbon and Paris have all added miles of bike lanes during the pandemic to lure cyclists to the streets: https://trib.al/tpfjRtK
📱 With TikTok under intense political scrutiny in the U.S., Instagram launches a copycat product called Reels in more than 50 countries: https://trib.al/m6NVkek
🚲 Rome, Lisbon and Paris have all added miles of bike lanes during the pandemic to lure cyclists to the streets: https://trib.al/tpfjRtK
Bloomberg
Lebanon Officials Ignored Warnings on Chemical Tied to Blast
The volatile chemical suspected of causing the deadly explosion that flattened Lebanon’s main port had been lying in storage there for six years despite warnings from customs officials about its hazards, documents show.
Hello 👋 Here’s what we’re following right now:
🚫 The Twitter account for Trump’s re-election campaign was briefly banned from tweeting after it posted an interview clip of the U.S. president saying children were “virtually immune” from Covid-19. https://bloom.bg/3ihv0rF
📈 The world’s hottest stock is a money-losing tech giant that’s soared more than 880% in the past 18 months. https://bloom.bg/2XvkMMo
💹 And Goldman Sachs says it’s time to think about a shift in leadership across global markets, which could favor a steeper yield curve. https://bloom.bg/2PuZCtq
🚫 The Twitter account for Trump’s re-election campaign was briefly banned from tweeting after it posted an interview clip of the U.S. president saying children were “virtually immune” from Covid-19. https://bloom.bg/3ihv0rF
📈 The world’s hottest stock is a money-losing tech giant that’s soared more than 880% in the past 18 months. https://bloom.bg/2XvkMMo
💹 And Goldman Sachs says it’s time to think about a shift in leadership across global markets, which could favor a steeper yield curve. https://bloom.bg/2PuZCtq
🇱🇧 The explosion in Beirut on Tuesday, fueled by a vast consignment of ammonium nitrate stored at the port despite repeated safety warnings, couldn't have come at a worse time for Lebanon. https://bloom.bg/2DBfhVF
📉 Wirecard's spectacular collapse is leaving a gaping hole in the income statements of its European banks. https://bloom.bg/2PwagQU
🇹🇷 Turkey's lira tumbled to its lowest level against the dollar as interventions by state banks failed to reassure markets. https://bloom.bg/3gtuzKx
📉 Wirecard's spectacular collapse is leaving a gaping hole in the income statements of its European banks. https://bloom.bg/2PwagQU
🇹🇷 Turkey's lira tumbled to its lowest level against the dollar as interventions by state banks failed to reassure markets. https://bloom.bg/3gtuzKx
Bloomberg
A Shattered Beirut Leaves Lebanese Asking If They Have a Future
Even before the explosion ripped through his butcher’s shop on one of Beirut’s most fashionable streets, Tony Iyami was just about staying afloat.
💵 President Trump said he expects to sign orders extending additional unemployment benefits and imposing a payroll tax holiday, after Congress reached a stalemate on stimulus legislation: https://bloom.bg/3fzf6r7
💉 A coronavirus vaccine could disrupt the market, says Goldman Sachs: https://bloom.bg/3iloWPf
🇺🇸 New York is suing to dissolve the National Rifle Association, saying it was rife with fraud: https://bloom.bg/31tzEMq
💉 A coronavirus vaccine could disrupt the market, says Goldman Sachs: https://bloom.bg/3iloWPf
🇺🇸 New York is suing to dissolve the National Rifle Association, saying it was rife with fraud: https://bloom.bg/31tzEMq
📱 President Trump takes another step towards banning TikTok and WeChat in the U.S., signing a pair of executive orders banning residents from doing any business with the apps or their Chinese owners. The move comes as Trump pushes for the sale of TikTok to an American company. https://bloom.bg/2C4soOw
💰 Meanwhile Mark Zuckerberg's net worth passed $100 billion for the first time. Facebook hit a record high Thursday on optimism about its TikTok competitor Reels. https://bloom.bg/3gObF1j
✈ And with transit curbs upending lives around the globe, some people are resorting to chartering planes or paying many times the usual price in order to travel. https://bloom.bg/3ijxaae
💰 Meanwhile Mark Zuckerberg's net worth passed $100 billion for the first time. Facebook hit a record high Thursday on optimism about its TikTok competitor Reels. https://bloom.bg/3gObF1j
✈ And with transit curbs upending lives around the globe, some people are resorting to chartering planes or paying many times the usual price in order to travel. https://bloom.bg/3ijxaae
Bloomberg
Trump Widens China Tech Attack, Ordering Bans on TikTok and WeChat
President Donald Trump signed a pair of executive orders prohibiting U.S. residents from doing business with the Chinese-owned TikTok and WeChat apps beginning 45 days from now, citing the national security risk of leaving Americans’ personal data exposed.
📉 U.S. equity-index futures dropped after President Donald Trump's latest attack on Chinese tech companies stoked tensions with Beijing. https://bloom.bg/30za75m
💰 Germany's Schaeffler family had a $35 billion fortune in 2018. They're now worth about a quarter of that. https://bloom.bg/2Px5YIT
☀ Paris is facing one of its worst heat waves in more than a century, with daily average temperatures hovering around 30 degrees Celsius (86 degrees Fahrenheit) over a seven-day period. https://bloom.bg/3a1Zb3t
💰 Germany's Schaeffler family had a $35 billion fortune in 2018. They're now worth about a quarter of that. https://bloom.bg/2Px5YIT
☀ Paris is facing one of its worst heat waves in more than a century, with daily average temperatures hovering around 30 degrees Celsius (86 degrees Fahrenheit) over a seven-day period. https://bloom.bg/3a1Zb3t
Bloomberg
Tech Stocks Slump as Small Caps Gain; Gold Falls: Markets Wrap
Tech shares fell as the White House ramped up its confrontation with China, while a better-than-forecast jobs report helped fuel advances for smaller U.S. companies.
🔴 The U.S. sanctioned Hong Kong Chief Executive Carrie Lam and several other officials over their crackdown on political freedom in Hong Kong: https://bloom.bg/3igEVxO
📈 Why better than expected U.S. jobs data today is probably the “easy gain” for awhile: https://bloom.bg/2XDL13s
🔥Your old radiator is a pandemic fighting weapon: https://bloom.bg/33CFgXB
📈 Why better than expected U.S. jobs data today is probably the “easy gain” for awhile: https://bloom.bg/2XDL13s
🔥Your old radiator is a pandemic fighting weapon: https://bloom.bg/33CFgXB
🇭🇰 Hong Kong police arrested Jimmy Lai, a media tycoon and prominent democracy activist, under the national security law that was passed at the end of June. https://bloom.bg/3itvLyf
🌎 Bill Gates said it’s “mind-blowing” that the U.S. government hasn’t improved Covid-19 testing, which he described as slow and lacking fair access. “No other country has this testing insanity,” he said in a CNN interview. https://bloom.bg/2DBlBg3
🇮🇳 India is facing a lost generation as the pandemic forces children out of school and into work at farms and factories. It’s worsening a child-labor problem that was already one of the world’s most dire. https://bloom.bg/3acr3Su
🌎 Bill Gates said it’s “mind-blowing” that the U.S. government hasn’t improved Covid-19 testing, which he described as slow and lacking fair access. “No other country has this testing insanity,” he said in a CNN interview. https://bloom.bg/2DBlBg3
🇮🇳 India is facing a lost generation as the pandemic forces children out of school and into work at farms and factories. It’s worsening a child-labor problem that was already one of the world’s most dire. https://bloom.bg/3acr3Su
🇨🇳 China said it will sanction 11 Americans in retaliation for similar measures imposed by the U.S. on Friday, but the list doesn’t include any members of the Trump administration. https://bloom.bg/2PFxC6x
📈 Jimmy Lai’s Next Digital soared 344% after the media tycoon’s arrest in Hong Kong, with social media posts urging investors to buy. https://bloom.bg/2DtdUsp
🤔 10 questions for the fund manager behind one of the U.K.’s best performers. https://bloom.bg/2DRgBUa
📈 Jimmy Lai’s Next Digital soared 344% after the media tycoon’s arrest in Hong Kong, with social media posts urging investors to buy. https://bloom.bg/2DtdUsp
🤔 10 questions for the fund manager behind one of the U.K.’s best performers. https://bloom.bg/2DRgBUa
Bloomberg
China Hits U.S. Officials With Sanctions, Avoids Top Trump Aides
China said it will sanction 11 Americans in retaliation for similar measures imposed by the U.S. on Friday, but the list doesn’t include any members of the Trump administration.
🇱🇧Lebanon’s government resigns as an outraged public demands accountability for the deadly explosion at Beirut's port: https://bloom.bg/3abzbTj
💰Apple’s Tim Cook is now officially a billionaire: https://bloom.bg/30JYWaj
📱After activist Berta Cáceres was killed at her home in Honduras, investigators pieced together thousands of text messages to reconstruct an alleged murder plot. The newest episode of our podcast Blood River is out now: https://bloom.bg/2XOTFMB
💰Apple’s Tim Cook is now officially a billionaire: https://bloom.bg/30JYWaj
📱After activist Berta Cáceres was killed at her home in Honduras, investigators pieced together thousands of text messages to reconstruct an alleged murder plot. The newest episode of our podcast Blood River is out now: https://bloom.bg/2XOTFMB
Hello, here's what we're following:
🇺🇸 Donald Trump was abruptly ushered out of a news conference at the White House late Monday after a person was shot near the building. https://bloom.bg/3gLpCwF
💬 Millions of WeChat users in the U.S. are worried about losing family or business links in China with Trump’s order to ban the app. With Facebook and Telegram blocked by the Great Firewall, there aren’t many other options for communicating. https://bloom.bg/2PGCw3d
💰 And here’s how Singapore nurtured the foreign founders of its biggest company — and propelled them into the ranks of the ultra-rich: https://bloom.bg/31DgDHM
🇺🇸 Donald Trump was abruptly ushered out of a news conference at the White House late Monday after a person was shot near the building. https://bloom.bg/3gLpCwF
💬 Millions of WeChat users in the U.S. are worried about losing family or business links in China with Trump’s order to ban the app. With Facebook and Telegram blocked by the Great Firewall, there aren’t many other options for communicating. https://bloom.bg/2PGCw3d
💰 And here’s how Singapore nurtured the foreign founders of its biggest company — and propelled them into the ranks of the ultra-rich: https://bloom.bg/31DgDHM
💉 Vladimir Putin says Russia has registered the world’s first Covid-19 vaccine, and discloses that one of his own daughters has already received it. https://bloom.bg/2XNGwn9
🇳🇿 New Zealand puts its largest city, Auckland, into lockdown after the nation’s first local cases of the coronavirus in 102 days. https://bloom.bg/3izf44b
🍽️ European Union nationals are fleeing the U.K. workforce as the coronavirus pandemic crushes hospitality. https://bloom.bg/2XJUlmv
🇳🇿 New Zealand puts its largest city, Auckland, into lockdown after the nation’s first local cases of the coronavirus in 102 days. https://bloom.bg/3izf44b
🍽️ European Union nationals are fleeing the U.K. workforce as the coronavirus pandemic crushes hospitality. https://bloom.bg/2XJUlmv
Bloomberg.com
Putin Approves First Covid-19 Vaccine Even as Trials Go On
President Vladimir Putin said Russia cleared the world’s first Covid-19 vaccine for use and hopes to begin mass inoculation soon, even before clinical testing has finished.
😷 These are some of the unique approaches coronavirus vaccine researchers are trying: https://trib.al/I0FVTcI
💸 Thousands of U.S. small businesses are going under, and many of these silent failures will never be counted in official bankruptcy statistics: https://trib.al/8c0J6bE
🚨China and Hong Kong's statement following the arrest of media tycoon Jimmy Lai underlines just how quickly a new national security law is undermining the city’s independent judicial system: https://trib.al/uKEU2f8
💸 Thousands of U.S. small businesses are going under, and many of these silent failures will never be counted in official bankruptcy statistics: https://trib.al/8c0J6bE
🚨China and Hong Kong's statement following the arrest of media tycoon Jimmy Lai underlines just how quickly a new national security law is undermining the city’s independent judicial system: https://trib.al/uKEU2f8
Bloomberg.com
Most Coronavirus Vaccine Projects Are Taking Unorthodox Routes
The more than 200 Covid-fighting efforts under way are generally skipping.