Your Evening Briefing
President Donald Trump’s approval rating plunged 4 percentage points last week amid a wave of violence tied to religious, racial and political hatred. Eleven members of a synagogue, many elderly, were killed with an automatic weapon, allegedly by a man motivated by anti-Semitism and disdain for immigrants. More then a dozen bombs were allegedly mailed by a Trump supporter to top Democrats and journalists. And a white man was charged with murdering two black shoppers in Kentucky, in an attack the FBI said was a potential hate crime.
Here are today’s top stories
Germany’s Angela Merkel will quit as head of the Christian Democratic party and won’t run for another term as chancellor.
A near-new Boeing 737 Max jet operated by Indonesia’s Lion Air crashed in the Java Sea with 189 people on board.
IBM’s planned $33 billion takeover of Red Hat lifted software stocks. It seems Wall Street expects more deals in the cloud sector.
Russia is about to take a multibillion-dollar hit from rules mandating cleaner marine fuels because it’s not prepared for the change.
The midterm elections may not change very much in Washington no matter who prevails, Ramesh Ponnuru writes for Bloomberg Opinion.
What’s Joe Weisenthal thinking about? The Bloomberg news director is still mulling the combined effect of the stock market selloff and the turmoil surrounding Saudi Arabia on the valuations of big private tech companies.
What you’ll want to read tonight
- China mulls fighting the U.S. trade war with tax cuts for automobiles.
- The U.K. is targeting tech giants with a digital services tax.
- Brazil’s voters have decided to pivot sharply to the right.
- The White House is bracing for a staff stampede.
- Bitcoin could—theoretically—put the Paris climate goals out of reach.
- It’s billionaire versus billionaire on the Las Vegas strip.
- A Michelin chef tried powdered meals. It didn’t go well.
What you’ll need to know tomorrow
We’re in the later stages of evolution when it comes to the genus pickup, and the margins for improvement have grown slim. Chevrolet’s new half-ton moneymaker, the 2019 Silverado, offers a smattering of Easter eggs to stand out, if just a bit, from rivals. But in the end, there's plenty of money to go around, since so many Americans want a pickup—whether they need it or not.
©2018 Bloomberg L.P.