Thursday, July 25

ByKevin Sheekey

First Look! Mike Bloomberg’s 2019 Global Business Forum Hits New York in September (Axios)
Moguls, big minds and heads of state will join Michael Bloomberg and Bloomberg Philanthropies for the third annual Bloomberg Global Business Forum, at New York’s Plaza Hotel on Sept. 25, during the UN General Assembly.

Some of the big names include: Bank of England Governor Mark Carney, IMF’s Christine Lagarde, World Bank CEO Kristalina Georgieva, Snap CEO Evan Spiegel, former top White House economic adviser Gary Cohn, Uber CEO Dara Khosrowshahi and more.

Climate Alert: Scientists Say July 2019 Set to be Earth’s Hottest Month On Record (USA Today)

Hot Hot Hot: Second Heat Wave Breaks Records Across Europe – Paris Hits 107.6F / 41.7C Today (Washington Post)

Study of the Week: Recent Rise of Global Temperatures Unlike Anything Seen on Earth in Past 2,000 Years (Nature)

Breaking Today: Four Major Automakers Strike Climate Deal with California, Rebuffing Trump on Proposed Mileage Freeze (Washington Post)

What We Learned from Robert Mueller: 7 Takeaways from Mueller’s Testimony (New York Times)

The Response: Nancy Pelosi Stops Short of Calling for Impeachment after Mueller’s Testimony before Congress (CBS News)

Boris Johnson’s New Cabinet: Sajid Javid Picked to Steer the British Economy Through Brexit (Bloomberg)
Javid, 49, becomes the first ever ethnic minority chief of the Treasury and the first chancellor since Norman Lamont in the early 1990s to have worked in the finance industry (as a onetime managing director of Deutsche Bank). A previous rival to Johnson for the leadership of the ruling Conservative Party, Javid replaces Philip Hammond, who resigned on Wednesday before he could be fired.

Economy Alert: U.S. Economic Growth Seen Stumbling as Trade Weighs on Business (Bloomberg)
Business investment may have posted first decline since 2016 and GDP probably expanded 1.8% in second quarter, down from 3.1%.

Today in Financial Data: From Fitbits to Rokus, Hedge Funds Mine Alternative Data for Consumer Habits (Bloomberg)

2020 Poll Watch: How To Read 2020 Polls like a FiveThirtyEighter (FiveThirtyEight – h/t Hindsight 2020)
Subscribe to Hindsight 2020 here for daily updates on the 2020 presidential race.

Metro Section: MTA Announces Task Force To Tackle Homelessness After NYC Subway Homeless Population Surges 23% This Year (WABC New York)

Today in ‘High Speed Rail’: Amtrak Launching Nonstop Service between Washington, D.C. and New York (Washington Post)
Adjust your expectations: The new service will only shave 15 minutes off the trip, making it 2 hours and 35 minutes each way.

Just One More Reason to Love the Dutch: The No-Frills Royals! Dutch Queen Maxima and King Willem-Alexander Keep Low Profile Shopping on Lexington Avenue in New York Like Any Normal Tourists (Daily Mail)

Best of late night.

“According to Robert Mueller, the president can be charged with obstruction of justice once he leaves office. So you know what the means … Trump is never leaving office!”
–Trevor Noah

“If you missed Mueller’s hearing, don’t worry: In a few weeks, William Barr will give a much shorter, inaccurate summary.”
— Jimmy Fallon

“You know, the president yesterday said he might watch a little of the hearings, and of course he then spent the whole day tweeting about them. He tweeted more than 20 times today, capping the tweetstorm off with this: ‘Truth is a force of nature!’ And we all know how much respect he has for nature, so.”
— Jimmy Kimmel

“Mueller was questioned by 60 lawmakers for six hours. The only other time you get grilled like that is if you’re single at your family reunion.”
— Jimmy Fallon

For more best of late night from the New York Times, click here.

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