Tuesday, May 7

ByKevin Sheekey

Hot on the Bloomberg: Top China Trade Negotiator to Visit U.S. to Face Tariff Threat (Bloomberg)

Good News: The U.S. Virgin Islands recovery effort continues with Bloomberg co-founder Tom Secunda’s purchase of the iconic Cinnamon Bay Campground to promote job growth and boost the local economy. Under Secunda’s leadership, the Bloomberg Response Team has been on the ground in the U.S. Virgin Islands since the days immediately after Hurricane Irma struck, spending tens of millions of dollars to assist the territory since 2017. Their work has grown into a sustained effort to support sustainable and resilient rebuilding and preparation in St. John and throughout the territory. Read more here at Mike Bloomberg’s tweet of the news.

Today in Financial News:
Quant `Goddess’ Says Global Funds Can’t Beat Her in China (Bloomberg)

Barclays Bets on Electronic Trading to Boost Investment Bank (Bloomberg)

Angela Merkel Successor’s Stumble Puts Germany’s Direction in Doubt (Bloomberg)

Steven Mnuchin Rejects Democrats’ Demand to Hand Over Trump’s Tax Returns, All But Ensuring Legal Battle (Washington Post)

Trump Country Winning on Job Growth Even as Pay Gap Persists (Bloomberg)

Politics Drives Traffic for Media Companies on Some Social Media Platforms (Axios)

Climate News: UK Sets Record for Life Without Coal as Green Power Grows (Bloomberg – hat tip: Con Cotzias)

Today in Tech:
Ahead Of 2020 Election, Microsoft Unveils Tool to Allow Voters to Track Their Ballots (NPR)

Apple Stores Were Once Renowned for Customer Service. What Happened? (Bloomberg)

More Great News: Two Reuters’ Journalists Who Were Jailed in Myanmar Were Freed (Reuters)

2019 Met Gala: See the Best “Campy” Outfits Worn by the Celebrities (Vogue)

Best of late night.

President Trump called Vladimir Putin on Friday, and they talked for an hour and a half. Trump told the news media that they discussed, among other things, Robert Mueller’s findings on Russia’s interference with the 2016 election and the allegations that it conspired with the Trump campaign.

“So as soon as he thinks he’s cleared the witch hunt, the first thing he does? Call the witch.” — Stephen Colbert

“Man, this isn’t even like buying a Ferrari a week after you rob the bank. This is like robbing a bank and then trying to open a new account during the robbery.” — Seth Meyers

Late-night hosts leaned into the most talked-about gaffe from Sunday night’s “Game of Thrones”: a visible Starbucks cup on the table during a tense conversation between Daenerys Targaryen and Jon Snow.

“First they force out the ‘undesirable’ residents, and suddenly the night’s watch is drinking mochaccinos. Next thing you know Castle Black has a Jamba Juice.” — Stephen Colbert

“Because a Starbucks cup is what makes the show feel not real: Not the dragons, not the zombies made of ice — the coffee cup on the table.” — Jimmy Kimmel

For more Best of Late Night from The New York Times, click here.

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