The Presidential Daily Brief

important

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    Migrants March Toward Better Life in Europe

    Pepper spray and barbed wire can’t hold them. Refugees — many fleeing the likes of ISIS — climbed over police fences in Hungary today and began walking to Budapest. Greece and the U.N. refugee agency, meanwhile, are bringing in extra staff and ships to help 25,000 stranded migrants on the island of Lesbos, which one official said was on the “verge of an explosion.” EU nations are starting to accept huge numbers of refugees, and German Chancellor Angela Merkel acknowledges that Germany, for one, will forever be changed.

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    Data Shows Chinese Trade Dropping

    Something is growing in China’s economy, but a trade surplus surging by 40 percent is nothing to celebrate. New data out today shows a sharp drop in the value of Chinese imports and exports, signaling that the country is buying fewer international goods and getting less from products it’s peddling overseas. Import values slid 14.3 percent over the past year; exports a less hair-raising 6.1 percent. While the figures are bound to bolster concerns about the future of Asia’s biggest economy, investors took it in stride, with the Shanghai Composite rising 3 percent.

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    Tech Firms, Feds Battle for Data Access

    Will they spill the beans? American tech firms say they’re protecting consumer privacy, but government investigators — faced with tougher encryption — still need to nail the bad guys. Tomorrow, a New York federal appeals court will hear the U.S. Justice Department make its case against Microsoft, which refuses to hand over a drug trafficking suspect’s emails on an Irish server. The outcome will likely impact data demands in the post-Snowden era, and if Obama’s team wins, it could encourage other governments to gain access to information stored in U.S. corporate clouds.

  4. Riot police enforce a 10PM curfew in Baltimore.

    Baltimore to Pay $6.4 Million to Gray Family

    Can you put a price on a person’s life? According to the mayor’s office, the Maryland city has agreed on a settlement with the family of Freddie Gray, the 25-year-old who died after suffering a spinal injury in police custody earlier this year — and the $6.4 million payout exceeds the total Baltimore’s paid out over 120 other misconduct cases since 2011. The deal is expected to be officially approved by the city’s spending panel on Wednesday, while a judge decides where the six separate criminal trials of involved officers should take place.

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    Italian Court Finds Errors in Knox Investigation

    It was a rush to judgment. Italy’s highest appeals court says there were “stunning flaws” in the Amanda Knox and Raffaele Sollecito case over the 2007 murder of British student Meredith Kercher. The Court of Cassation, which exonerated the pair in March, explained yesterday that there were no “biological traces” of either defendant at the scene and suggested that the media spotlight may have accelerated the probe. Rudy Guede is doing time for the murder, but whether he had accomplices will likely remain a mystery because judges say the case is firmly closed.

intriguing

  1. Jeff Smisek

    United Continental Fires CEO Jeff Smisek

    This bridge had a toll. The 61-year-old and several other top executives were booted by the company as part of an ongoing “bridgegate” investigation into activities at the Port Authority. Prosecutors have refused to confirm whether an official probe exists but it is rumored to include allegations that Smisek sought millions in federal project funding that benefited United. The company’s stocks dropped three percent after news of his departure. The company named COO Oscar Munoz to take over in his place, effective immediately. Smisek leaves with a $4.9 million settlement.

  2. Broken Samsung

    Samsung to Layoff 10,000 South Korea Employees

    They’re experiencing a major service disconnect. One day before Apple’s big event in California, its competitor announced it is laying off 10 percent of its Korean workforce and cutting back on general expenses by 50 percent next year. The cutbacks will largely target employees who declined a voluntary retirement option in the finance, personnel and public relations sectors. The move comes after an overall slumping smartphone market hit Samsung’s Galaxy line particularly hard and saw the company experience its first losses in 2014, a trend many expect to continue through the end of this year.

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    World’s Snakebite Antidote Running Dry

    This has experts rattled. Doctors Without Borders says that the global supply of the only anti-venom proven safe and effective for multiple snakebites across sub-Saharan Africa will run out by June 2016. French vaccine giant Sanofi Pasteur stopped making Fav-Afrique after being priced out of the market but offered to transfer the technology to another manufacturer. No one has taken them up on the offer, and doctors say it’ll be at least two years before a substitute can be engineered, which means thousands of Africans need to watch their step.

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    Uber Ups the Ante in Asia

    They want to be a bull in China’s market. The ride-sharing giant — valued at $50 billion — has raised $1.2 billion with plans to expand its business operations in the People’s Republic. The San Francisco-based firm says it wants to add 100 more Chinese cities to its current roster of 20. While the country is one of Uber’s fastest-growing markets, the competition is fierce: Rival firm Didi Kuaidi, valued at $16.5 billion, has recently raised $3 billion, so it looks like this battle will be settled on the streets.

  5. a cigarette

    Weed and Nicotine May Help Boost Memory

    Don’t let your willpower go up in smoke. Cigarettes are still bad for you, but they might give your memory a boost. A small University of Texas study of 90 people found that subjects who smoked 10 cancer sticks a day and used marijuana regularly had better memory than control groups that used only one or the other, or neither. Though experts aren’t putting much stock in the findings, the study could light up further study of the interaction between these drugs and the brain.

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    Massive Neolithic Monument Found Near Stonehenge

    It’s just a stone’s throw away. Archaeologists have discovered a 90-stone monument buried within two miles of the famed British site. Not only is this massive underground find bigger than its famous brother, the newly discovered site — part of the Durrington Walls super-henge  — features a row of 15-foot tall pieces that are believed to be 4,500 years old. Scientists used remote sensing technology to determine the location of the megaliths and hope that further investigation will shed more light on these mysterious prehistoric formations.

  7. cardale jones

    Cardale Jones Gets Nod for Ohio State

    He left it to the last minute. Buckeyes coach Urban Meyer said he wouldn’t decide which QB to start, Jones or J.T. Barrett, until opening night. True to his word, Meyer told the 22-year-old Cleveland native he was in after the first huddle. Jones started the last three games of last season, guiding the Buckeyes to the championship, and last night the 6-foot-5 junior threw for a touchdown on OSU’s first drive. But both quarterbacks played in the win over Virginia Tech — a strategy Meyer plans to continue.