Your Evening Briefing
Local, state and federal probes. Guilty pleas. A guilty verdict. Lawsuits. When it comes to the U.S. president and his associates, nothing seems to budge Republicans in Congress, who are either silent or doubling down on Donald Trump's defense. There may be only one person who can break the spell between now and the midterms, and Robert Mueller isn't talking.
Here are today’s top stories
When it comes to a choicebetween being anti-immigration or pro-business, business is winning out in these southern U.S. states, Bloomberg Businessweek reports.
There is no safe level of alcohol use. Drinking booze is linked to some 2.8 million deaths each year, according to researchers. Their conclusion? Tax it heavily and keep it away from kids.
Saudi Aramco’s proposed IPO was the wrong idea at the wrong time, Shira Ovide writes in Bloomberg Opinion.
What’s Luke Kawa thinking about? The Bloomberg markets reporter is mulling advice from some quarters that, even if it's unsure about inflation's path, the Fed should still raise rates.
What you’ll need to know tomorrow
- Hurricane Lane is pounding Hawaii with record rainfall and landslides. And it's not over yet.
- Cohen? Manafort? Flynn? This may be the key witness in the Trump investigations.
- Senator John McCain, diagnosed with brain cancer, will discontinue medical treatment.
- Wells Fargo is cutting 638 mortgage employees to deal with a business slowdown.
- New Yorkers have a few days left to escape the Republican tax overhaul's deduction cap.
- Pot stocks jumped after a report that Diageo is sniffing around for a deal.
- A Hong Kong casino operator's stock plunged when its chairman went missing.
What you’ll want to read tonight
Why will your next family vacation be chosen by teenagers? While they may not be the ones paying for it, teens are among the most sought after demographics by the travel industry. Their moods can make or break a trip, and currying favor with them early can translate into a lifetime of loyalty. So hand over your credit card.
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