Your Evening Briefing

David Rovella

01 Jun 2018, 02:25 PM IST

(Bloomberg) --

War broke out among friends Thursday as U.S. President Donald Trump, who has been rattling economic sabers with China, turned on America's allies, imposing tariffs on goods from Canada, Mexico and the European Union. They quickly pledged retaliation.

Here are today’s top stories

Trump is imposing tariffs on steel and aluminum, the most aggressive trade action taken yet against major U.S. trading partners.

United Airlines was accused of a broad anti-union campaign that involves subjecting inflight food service employees to constant, televised anti-labor messaging in the workplace.

Cryptocurrency exchange Bittrex, which lets users swap almost 200 different digital coins, said it forged banking agreements that will allow some customers to trade in U.S. dollars.

Trafigura is one of the hidden companies that power the world economy. It's seeking redemption for a diaster that took place a dozen years ago.

America's federal courts are revered as guardians of the U.S. Constitution and all its protections. But if you work for them, you may lose your right to free speech.

Unions took a huge hit in one of their last strongholds: the airline industry. The decision by Flexjet pilots to heed management and drop the Teamsters may be a sign of things to come.

What’s Joe Wiesenthal thinking? Well, the Bloomberg news director is mulling the jobs report scheduled for tomorrow, and what the story will be on American wages.

What you’ll need to know tomorrow

It’s now official: Facebook just isn't cool anymore.
Things are going from bad to worse at Deutsche Bank.
The Italian meltdown has slowed, and the populists are back on top.
Why it's bad news that there aren’t traffic jams in Caracas anymore.
How did Airbus afford to make just seven of the longest-haul planes around?
Traders are furious after computers botched a stock sale.
West Hollywood will soon have some pot lounges mixed in with the bars.

What you’ll want to read tonight

Elderly cruise ships are getting a second chance to party. Most have an official lifespan of 30 years, but there are several surprising ways that companies are keeping these giants, well, afloat.