ALL RIOTS ARE STUPID THE LOOTING AND BURNING SHOWS HOW STUPID A STUPID PERSON IS YOU DO NOT SOLVE CRIMINAL ACTIONS BY CUTTING YOUR OWN THROAT.
World
Middle East
Europe
Latin America
America Together
How to Help
Asia
Africa
Australia/Pacific
ADVERTISEMENT
Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox
Arrives Weekdays
World Clips
Trending in World
The aftermath of Qassem Soleimani's death and his daughter's rise to prominence
Morning Brew crew@morningbrew.com Unsubscribe
5:42 AM (1 hour ago)to me
May 29, 2020 Read in Browser TOGETHER WITHGood morning. On our agenda for this weekend: Find a body of water and dip one toe in—no more, no less.MARKETS
NASDAQ9,368.99- 0.46%S&P3,029.73- 0.21%DJIA25,400.64- 0.58%GOLD1,732.20+ 0.31%10-YR0.695%+ 0.80 bpsOIL33.63+ 2.50%*As of market close- Jobs: 2.1 million more Americans filed jobless claims last week. However, the number of continuing claims, or claims being collected for two weeks or more, fell. That suggests firms are rehiring employees as states allow businesses to reopen.
- Markets: A bona fide rally was so close we could smell it. But stocks slumped just before the close yesterday after President Trump announced he'll hold a press conference on China today, which may ratchet up tensions.
SOCIAL MEDIA
Trump Orders a Legal Headache for Social Media
Francis ScialabbaAfter a week of jabbing and counter-jabbing, President Trump yesterday issued an executive order that aims to seriously diminish social media companies' legal protections.How it would do that: The order greases the wheels for a flood of lawsuits against social media companies. Get your federal agency Bingo cards out.- First, it calls for the Commerce Department to petition the Federal Trade Commission to revisit the infamous Section 230 of the 1996 Communications Decency Act. That's the chunk of legalese that experts have called "the 26 words that created the internet." It gives social media platforms broad immunity to legal challenges over what users post.
- The order also directs the FTC to look into complaints of bias on the part of social media companies.
- Finally, it asks the DOJ to consult with a working group of attorneys general to surface complaints.
How we got here
Trump and his supporters argue social media companies show anti-conservative bias, and the administration has reportedly been considering an action like this since 2018. Then on Tuesday, Trump tweeted false claims about the death of a woman who once worked for TV host Joe Scarborough, which provoked outrage and calls for Twitter to fact check the president's posts.- Twitter left those tweets alone, but labeled other false information Trump posted about voter fraud as potentially misleading. It seems that led Trump to issue the order.
What's Zuck saying? In interviews this week, Facebook CEO Mark Zuckerberg reiterated his anything-goes stance on user content. "I don't think Facebook or internet platforms in general should be arbiters of truth," he said. That’s a different approach than the one taken by Twitter and other social media firms, which haven’t commented on the order.Looking ahead...the order is almost definitely going to face court challenges. It invokes the First Amendment, which experts say doesn't apply to private companies. And others question Trump bossing around independent agencies (like the FTC and FCC).PUBLIC HEALTH
No Shoes, No Mask, Yes Problems
Francis ScialabbaYesterday, NY Gov. Andrew Cuomo said he’ll sign an executive order allowing businesses to turn away customers if they’re not wearing masks. Not to be outdone, SF Mayor London Breed required residents to wear a mask anytime they come within 30 feet of other people.Mask requirements aren’t new. Some states and businesses started issuing them as early as April, though rules vary widely by state, industry, and who they apply to (employees, customers, or both). Some cities and counties also have differing rules.Have we hit a boiling point?
Disagreements over whether masks should be worn are turning into a “culture war,” and some patrons who refuse to don masks have protested outside stores. Some of those clashes have turned violent, often harming employees and security guards.In many areas, residents are confused about who will enforce orders (some of which have misdemeanor penalties attached). Others are concerned about how early attempts to police social distancing showed uneven enforcement: From mid-March to mid-May, about 81% of NYC citations were issued to black or Latino residents.Big picture: Health officials have reiterated that wearing a mask helps stop the spread of COVID-19. But masks are not a replacement for social distancing.U.S. Energy Information AdministrationLast year, U.S. annual energy consumption from renewables topped coal consumption for the first time since before 1885, according to a new report from the Energy Information Administration (EIA).Back of the napkin math: Coal consumption dropped almost 15% from 2018, while renewables consumption grew 1%—mostly from wind and solar.We know what you're thinking…
Was Abe Lincoln installing photovoltaics on the White House roof? What was the big renewable energy source in the 1800s?That would be wood, the only commercial-scale renewable energy source in the U.S. before hydropower came along in the 1880s. Coal was used in the early 1800s to power boats and trains, then for making electricity in the later part of the century.Bottom line: While renewables consumption is steadily trending upward, that’s not the reason for coal's dramatic decline. Natural gas accounted for 38% of total electricity generation in the U.S. in 2019—the most of any source.SPONSORED BY THE MOTLEY FOOL
Just Some People Bein’ HENRYs
Not as in our beloved copywriter Henry, but HENRYs (High Earner Not Rich Yet). Key word: yet. Because with the coaching expertise of the stock-picking MVPs at The Motley Fool, we’ll be making money moves in no time.And since we HENRYs won’t be watching sports this summer, we'll be keeping our eyes on stocks. It’s like the money-making replacement for the 2020 summer games, in which us and The Motley Fool will take home all the gold medals.They’re the investing extraordinaires who have been providing guidance to help HENRYs build their financial futures for decades. The Motley Fool has given hundreds of investing recommendations, including top picks like AOL in 1994, Amazon in 1997, and Netflix in 2004.And right now, they’ve got five stocks under $49 just to warm you guys up. With their coaching, your days of being a HENRY will be over.Get their stock picks today.Getty ImagesThe Mediterranean island of Cyprus is reopening to international tourists on June 9, and it's thinking bigger than complimentary breakfast. Any tourist who tests positive for COVID-19 during their stay will have food, drinks, medicine, and lodging completely covered. Once better, they'll just have to spring for the flight home.Of course, Cyprus is really hoping you won’t get it.- Visitors have to test negative in their home country before heading over.
- Cyprus will also restrict travel from countries with bad outbreaks.
- Tourists have to park their umbrellas at least 12' away from other beachgoers, and groups are limited to 10 at restaurants and bars.
Big picture
Cyprus tamped down its outbreak, but it needs more than halloumi and crystal clear waters to woo visitors. Tourism accounts for 13% of the island's economy, and it could lose up to 70% of that revenue this year.The rest of the EU is also thinking about how it can salvage the summer travel season. Earlier this month, the bloc laid out guidelines to restart tourism, which accounts for ~10% of the continent's GDP.QUIZ
We Have Quiz Off
How closely did you read the Brew this week? Take our news quiz to find out.WHAT ELSE IS BREWING
- Amazon will offer full-time jobs to 125,000 temporary workers it hired during the pandemic.
- The Premier League will restart on June 17. Now Liverpool can claim their rightful title.
- Delta and American Airlines are preparing to cut a significant portion of their workforces through layoffs and voluntary exits.
- Investment-grade corporate debt sales have topped $1 trillion so far this year. In 2019, it took until November to reach that figure.
- Nordstrom said quarterly sales dropped nearly 40%.
BREW'S BETS
All Pro Running Back Christian McCaffrey can’t stop talking about Ascent Protein: “Just one scoop mixes easily into 6oz of water and delivers a delicious dose of 25g of protein with zero artificial ingredients.” Use code ASCENTBREW for 20% off on AscentProtein.com or Amazon.*I love overpaying for home insurance. Said nobody. Ever. That’s why Policygenius compares home insurance policies so you can save money and get the best coverage. See how they can help you save here.*Film festival: YouTube’s 10-day “We Are One” global film festival kicks off today with films curated by more than 20 film festivals around the world. Our day 1 pick: This animated short of a “lonesome Bilby.”Dream big: Have you wondered if there’s life out there? And if they’d accept Elon Musk as one of their own or not? Calculate the likelihood of intelligent extraterrestrials here, then read the case for taking UFO sightings seriously.*This is sponsored advertising contentFROM THE CREW
Brewnited States of America
GiphyWhat’s going on in the nation of Brew? Glad you asked.Writing tips: Brew writer Eliza Carter is back with another glorious edition of the Brew’s style blog. In this post, you’ll finally understand the difference between further/farther and learn why all headlines sound the same. Check it out.Work out with our CEO: Morning Brew chief Alex Lieberman did a 30 minute Instagram Live workout earlier this week with celeb fitness instructor Gina DiNapoli of Jabs by Gina. You will be sore.Explainers: Learn the basics of bankruptcy, 5G wireless technology, and earnings reports with our fun guides.The future of restaurants: This week, our podcast Business Casual featured some of the biggest names in the restaurant biz (like chef Marcus Samuelsson) to get their thoughts on the crisis facing the industry. Listen here.FRIDAY PUZZLE
There are several 9-letter words in the English language that have the following property: When you remove one letter from the word, each time it’ll make another word—no reordering necessary.-
Ex: Splatters = Splatter...platter...latter...
later...later...late...ate... at...a.
Can you think of another word with this property?SHARE THE BREW
When you share the Brew using your referral link, you earn rewards.From Brew swag like t-shirts and coffee mugs to exclusive content, we've got something for everyone in our premier rewards program.
Hit the button below to start sharing the Brew.Click to Share
FRIDAY PUZZLE ANSWER
Sparkling and startling are two. Did you have others in mind?FEATURED EVENT SEE ALL BIOS ON THIS DAY
ALSO BORN ON THIS DAY 1917 John F. Kennedy
president of United States1630 Charles II
king of Great Britain and Ireland1903 Bob Hope
American actor and entertainer1984 Carmelo Anthony
American basketball player1736 Patrick Henry
American statesman1874 G.K. Chesterton
British authorMORE EVENTS ON THIS DAY 2017: Panamanian military leader Manuel Noriega—who ruled Panama (1983–89) until ousted by U.S. forces and who later served prison sentences in the United States and Panama—died at age 83 in Panama City. 1999: Discovery became the first space shuttle to dock with the International Space Station. [Sort fact from fiction in our space exploration quiz.] 1905: The Russian navy was defeated in the Battle of Tsushima during the Russo-Japanese War. [Match the battle with the war in our quiz.] 1860: Composer and virtuoso pianist Isaac Albéniz was born in Camprodón, Spain. [Test your knowledge of classical composers.] 1848: Wisconsin became the 30th state of the union. [ Take our U.S. state mottoes quiz.] 1736: Orator Patrick Henry, a major figure of the American Revolution, was born in Studley, Virginia. [How much do you know about the American Revolution?] SEE ALL EVENTS ON THIS DAY PROSECUTE RIOTERS PROSECUTE RIOTERS PROSECUTE RIOTERS PROSECUTE RIOTERS
PROSECUTE RIOTERSPROSECUTE RIOTERS PROSECUTE RIOTERS PROSECUTE RIOTERS PROSECUTE RIOTERS PROSECUTE RIOTERS PROSECUTE RIOTERS TURED EVENT 1953 Mount Everest summit reached by Edmund Hillary and Tenzing Norgay FEATURED BIOGRAPHY John F. Kennedy READ MORE This message contains graphics. If you do not see the graphics, click here to view. May 29
No comments:
Post a Comment