U.S.-China Trade Talks Enter Crunch Time as Vice Premier Liu He Arrives in U.S. (Bloomberg)
Asian stocks bounced with U.S. and European equity futures Wednesday on expectations that a deal could soon materialize. Any hint that the talks have run into deadlock will unnerve investors and trigger fresh concerns for the world economy, which has already been rattled by tariffs that the U.S. and China have imposed.
–Theresa May Seeks Deal With Labour to Break Brexit ‘Logjam’ (Bloomberg)
–EU Agrees Provisionally to Visa-Free U.K. Travel Post-Brexit (EU News)
–London House Prices Struggle in City Waiting for Brexit (Bloomberg)
Big Win! Chicago Makes History by Electing First Black, Female Mayor (Bloomberg)
Lori Lightfoot, who also will be the first openly gay leader of the nation’s third-most-populous city, soundly defeated Cook County Board President Toni Preckwinkle, 74 to 26 percent.
Climate of Hope: Shell Quits Major US Oil Lobby Over Climate Change (CNN)
Trump and Turkey Rattle NATO’s 70th Birthday. Will NATO Make It to 75? (Bloomberg)
There’s plenty to discuss when foreign ministers from NATO’s 29 members meet in Washington this week. Trump’s broader doubts about the value of the alliance are far more corrosive for NATO’s future cohesion.
Woman From China Carrying Malware Arrested After Entering Mar-a-Lago (New York Times)
Trump has proposed his Florida retreat as the site of his next meeting with President Xi Jinping.
Boeing Update: Faulty 737 Sensor in Lion Air Crash Linked to Florida Repair Shop (Bloomberg)
Investigation: YouTube Executives Ignored Warnings, Letting Toxic Videos Run Rampant (Bloomberg)
Proposals to change recommendations and curb conspiracies were sacrificed for engagement, staff say.
Breaking Avocado News: Trump’s Threat to Close Mexico Border Sends Avocado Prices Soaring Most in a Decade – Up 34% (Bloomberg)
Start Booking Your Trip to Paris: Christo’s Next Project – Wrapping the Arc de Triomphe in April 2020 (New York Times)
Best of late night.
On Trump misspelling “health care” in a tweet:
“He wrote, ‘The Republican Party will be known as the Party of great HealtCare.’ He spelled it ‘HealtCare,’ yeah. Trump’s cut so much from health care that now he’s just taking letters.”
“A new report just confirmed that the Curiosity Rover detected methane on Mars. Although, you know what they say: ‘He who detected it ejected it.’”
On Trump tweeting that he is the best thing to happen to Puerto Rico:
“He wrote, ‘The best thing that ever happened to Puerto Rico is President Donald J. Trump.’ Puerto Rico was like, ‘Sir, April Fools’ Day was yesterday.’”
For more best of late night from the New York Times, click here.