Tuesday, August 28

ByKevin Sheekey

Hot on the Bloomberg (Most read stories – last 8 hours):
-Theresa May Signals No-Deal Brexit ‘Wouldn’t Be End of the World’
-Trump Focus on Mexico Trade Dashes Hope for Quick China Progress (Bloomberg)

If You Only Read One Thing Today, Read This: U.S. Senator John McCain’s Farewell Letter — “I’ve loved my life, all of it.” (Politico)

Speakers, Pallbearers at John McCain’s Funeral Announced
The names, all listed as friends of McCain’s in a schedule of events shared by the senator’s office, include former Presidents Barack Obama and George W. Bush, Vice President Joe Biden, Sen. Lindsey Graham, former Mayor Michael Bloomberg and actor Warren Beatty, among several others. (Axios)

Mike McCain

U.S. Senator John McCain in New York City with Mike Bloomberg. In an editorial published Saturday, Mike Bloomberg called McCain “An American Hero.”

Petty: Trump Orders Flags Lowered for McCain Following Criticism (Bloomberg)
After the American Legion wrote a letter to the president imploring him to recognize McCain, Trump relented.

By the Numbers: Americans Are Making Less Money as Inflation Erodes Meager Pay Increases (Bloomberg)

Master of Distraction: Trump’s Mexico Trade Deal Looks Like a Lemon; Peer under the Hood, and Auto Rules Pack Less Punch. (Bloomberg Opinion)

Follow the Money: Markets Bet Canada Will Stay in Nafta as Trump Raises Pressure (Bloomberg)

Back to Life: FAO Schwarz Is Set to Return, And It Needs People to Dance on the ‘Big’ Piano (Wall Street Journal)

Best of late night.

“Rest assured, the Trump administration is tackling the serious questions facing our country, like ‘what is milk?’. Well they’re going to find out because they’ve just pledged ‘to crack down on the use of the term “milk” for non-dairy products, like soy or almond beverages.’ From now on, if it ain’t from a mammal, you can’t call it milk. It has to be ‘soy juice’ and ‘almond sweat’”
— Stephen Colbert

“There’s a story circulating that President Trump has an illegitimate child. If this is true, it’ll be the first time in history that an illegitimate child of a billionaire does not want to meet its father.”
— Conan O’Brien

By submitting my information, I agree to the privacy policy and to learn more about products and services from Bloomberg.