Your Evening Briefing

David Rovella

07 Jun 2018, 02:51 AM IST

(Bloomberg) --

The biggest primary day of the election year is over, and it looks like the Democratic Party can whistle a happy tune, having surmounted a key obstacle in its quest to reclaim control of the U.S. House of Representatives. But the path to November has lots of potholes.

Here are today’s top stories

You're gauging company fundamentals all wrong. As the global economy changes, accounting standards that made sense for shipbuilders and oil drillers may be losing relevance.

In America's shale country, energy companies are using big bonuses to hire anyone they can find. The problem is that, in nearby towns, there's not enough workers left to go around.

Google’s decision not to renew a Pentagon contract to develop artificial intelligence was a defeat for U.S. national security and limiting civilian casualties, Michael R. Bloomberg writes.

Oscar, Casper, Marcus—it seems as if every startup these days is branding itself with a single human name. There's a method to the mononym madness.

Speaker Paul Ryan joined fellow Republican Trey Gowdy in rejecting President Donald Trump's claim that the FBI spied on his campaign. Both Ryan and Gowdy have said they're retiring.

Strong criticism of the EPA by two Republican senators from the Midwest may have less to do with Scott Pruitt's ethics problems than with protecting ethanol.

What's Joe Wiesenthal thinking? The Bloomberg news director is wondering whether the surge in technology stocks represents an indiscriminate approach to investing in that red hot sector.

What you’ll need to know tomorrow

Sam Zell, a billionaire real estate investor, used a vulgarity to refer to women.
Telekom Malaysia CEO Mohammed Shazalli Ramly is planning to resign.
This billionaire's hedge fund gained 37 percent last month.
Could Brazil be the next emerging market domino to fall?
Mercedes-Benz wants to sell you a subscription for cars.
Iran is the biggest winner in the Qatar embargo.
Toys “R” Us didn't have to die.

What you’ll want to read tonight

Planning that summer vacation? Then you’ll want to read all about the pain we experienced on your behalf as we figured out the best and worst airports and airlines of 2018. This way, you can select your carrier and destination with care.