They’ve signed letters of intent. The Internet giant will become a subsidiary of the newly formed Alpahbet Inc., overseen by Google co-founders Larry Page and Sergey Brin. Meanwhile, Sundar Pichai is taking over as CEO of Google. Stocks soared more than six percent on the news. Page said that while things are going well for the search engine pioneer, he thinks it can operate in a more clean and accountable manner. New CEO’s will be attached to Google’s acquisition properties and emerging entitles, all under the Alphabet umbrella, while the original company itself will focus on its core elements.
The Presidential Daily Brief
Yesterday’s protest marking one year since the death of unarmed Black teenager Michael Brown — killed by white police officer Darren Wilson — escalated into violence that has reportedly seen a young man critically injured. Disrupting a mostly peaceful demonstration, shots rang out in the St. Louis suburb late last night, leading police to take cover and draw their weapons. The police department said one of its officers was involved in a shooting “under heavy gunfire,” and a young man is being treated in the hospital following an incident that could spark further protests.
Maybe he’s unstoppable. The real estate mogul drew plenty of criticism over the weekend for lashing out at Fox’s debate moderator Megyn Kelly, even getting disinvited from a conservative event in Georgia. But a new poll shows him way out in front with 23 percent of Republican primary voters leaning his way, compared to nearest rival Sen. Ted Cruz’s 13 percent. More than half of Trump’s supporters say they would vote for him even if he ran as an independent, but his ability to woo women voters is increasingly being questioned.
He won’t be waiting long. The 39-year-old Washington Post reporter whose imprisonment in Iran on charges of espionage has riled U.S.-Iran relations of late, has been in jail for more than a year, and Monday saw the closing of his trial in a closed-door Revolutionary Court. Activist groups and the Post say Rezaian is paying the price for Iran’s mistrust of the U.S. — and he could serve 10 to 20 years in prison if he’s convicted. His lawyer says she expects a verdict within a week.
We thought it was a disaster before. The EPA has tripled the estimated amount of mining waste that it accidentally released into the Animas river while investigating leaks at a nearby abandoned mine last week, and now says three million gallons of waste may be polluting the water. Locals are incensed about the yellowed waterway and the EPA is promising to clean up the mess while trying to determine if the contamination will be dangerous for people or animals in the region — as the river carries the toxic water on to New Mexico.
His search for answers is over. Miguel Angel Jimenez, a community organizer who led efforts to find 43 students who disappeared last year, has been shot to death near the resort town of Acapulco. Jimenez — who had also established a self-defense group to combat drug cartel violence in the area — was found dead in his taxi near his home in the state of Guerrero, where at least 15 others were killed this weekend. The activist group he led found 129 bodies, most of which still await official identification.
Warren Buffett is done elephant hunting — for now. At $37.2 billion, aerospace equipment manufacturer Precision Castparts will be the conglomerate’s biggest merger to date. Falling energy prices have ripened Precision for acquisition — it’s suffered a 19.5 percent drop in shares since January — and Berkshire, also in a slump, hopes to add to its stable of Fortune 500-sized companies by re-energizing the Portland-based firm. But Buffett says the massive deal will take Berkshire Hathaway out of the acquisition game for the next year or so.
Three injured in knife attack at Ikea store in Sweden. (BBC)
Afghan authorities fear heavy casualties in Kabul airport explosion. (DW)
Violence flares in Istanbul, killing security personnel. (Al Jazeera)
Child sexual abuse case involving more than 200 victims rocks Pakistan. (NYT)
Investors are abandoning U.S. stocks for Japanese and European markets. (CNNMoney)
Japan set to restart nuclear reactor after two-year hiatus. (AFP)
The league has lost an icon. An NFL running back and clutch receiver who was inducted into the Pro Football Hall of Fame in 1977, Gifford died suddenly yesterday morning at his home in Connecticut. Known for having played in the 1958 NFL title match dubbed “the greatest game ever played,” the former New York Giants star went on to become a popular sports commentator on Monday Night Football. Tributes have begun pouring in, and wife Kathie Lee said the family would rejoice in Gifford’s “extraordinary life.”
This meal won’t weigh them down. International Space Station residents today will chomp down on red romaine lettuce they planted there in early July. While a greenhouse has been in place since 2002 — earlier crops were sent to Earth for testing — this marks the first time astronauts have eaten vegetables grown in space. The team will use citric acid-based sanitizing wipes to clean the lettuce before enjoying the first fresh food they’ve had in months, and many hope this will help sustainable nutrition for long-haul trips blast off.
It’s no joke. The social networking giant, spurred to action by a New Yorker article, set out to determine whether we prefer “lol,” “haha” or winking emojis for conveying e-laughter. By analyzing posts and comments from the last week of May — notably not direct messages — they found that 51 percent preferred “Haha,” 34 percent used emojis, 13 percent went “hehe” and only two percent relied on “lol.” The data revealed that there are regional distinctions, with New Yorkers preferring emojis and men leaning toward “haha,” and that genders and generations express laughter differently.
It’s difficult, unpaid and a job for a whopping one-third of Americans. The time spent taking care of another adult, often a spouse or parent, tallies up to 1.2 billion hours every week — the economic equivalent of subtracting 30 million from the workforce. Studies disagree over whether caregiving is bad for your health. But it certainly impacts the economy, accounting for about 5 percent of America’s gross domestic product in 2012, and with 1.3 million more caregivers likely needed by 2050, it’s bound to just get worse.
Did you sense it might happen? Many suspected that the Netflix series featuring strangers with a mysterious mental link was headed for oblivion when the network said nothing after the first 12-episode season dropped in June. But news that the show — created by Andy and Lana Wachowski and J. Michael Straczynski — would enjoy another round leaked on August 8, the birthday of all eight protagonists. Though the multinational cast members are likely to return, a release date and length for season two are yet to be revealed.