Daily Edition Top 10 (Week of June 18, 2018)
Heather Chin / June 22, 2018
After international and bipartisan outcry over his “zero tolerance” policy that separated migrant parents and children at the U.S.-Mexico border, President Donald Trump signed an executive order halting family separations and detaining them together until the end of migrant proceedings.
The United States withdrew its membership in the United Nations Human Rights Council, citing the group’s ongoing criticism of Israel’s treatment of Palestinians. The move — the first willing departure of an original member state — also occurred on the heels of the council’s criticism of the U.S. for its treatment of immigrants.
Pulitzer Prize-winning newspaper columnist and conservative commentator Charles Krauthammer died at the age of 68 of intestinal cancer. And the Supreme Court declined to rule on two cases challenging state practices of partisan gerrymandering, sending them back to lower courts.
In business news, the European Union instituted retaliatory tariffs on €2.8 billion euros worth of U.S. imports, in response to U.S. steel and aluminum tariffs on the EU. Disney outbid Comcast for 21st Century Fox with a $71.3 billion offer in cash and stock. And General Electric was dropped from the Dow Jones Industrial Average and replaced by Walgreens.
Meanwhile, social media giant Instagram reached one billion users and launched a long-form video storytelling hub called IGTV. And the World Cup continued its unpredictable yet fascinating series of matches.
Read more about these stories and the other biggest news of the week, as they appeared in The Daily Edition.
1. What Trump’s family separations executive order does – CNN, Tal Kopan
Top line: “President Donald Trump on Wednesday reversed course after days of digging in on a policy that resulted in immigrant family separations at the border, signing an executive order that will keep far more families together at the border. The order also seeks more authority to detain those families together until the end of their immigration proceedings. That process will begin immediately, which is likely to be met with swift legal challenges, though the order does acknowledge that current law may restrict their hands.”
Magazine to follow: Separation of Families at the U.S. Southern Border by NPR
2. Trump Administration Withdraws U.S. From U.N. Human Rights Council – The New York Times, Gardiner Harris
Top line: “The United States withdrew on Tuesday from the world’s most important human rights body in protest of its frequent criticism of Israel’s treatment of Palestinians. It was the latest effort by the Trump administration to pull away from international organizations and agreements that it finds objectionable. It was the first time a member has voluntarily left the United Nations Human Rights Council. The United States now joins Iran, North Korea and Eritrea as the only countries that refuse to participate in the council’s meetings and deliberations.”
Topic to follow: United Nations
3. Charles Krauthammer, Pulitzer Prize-winning columnist and intellectual provocateur, dies at 68 – The Washington Post, Adam Bernstein
Top line: “Charles Krauthammer, a Pulitzer Prize-winning Washington Post columnist and intellectual provocateur who championed the muscular foreign policy of neoconservatism that helped lay the ideological groundwork for the 2003 U.S.-led invasion of Iraq, died June 21 at 68. The cause was cancer of the small intestine, said his son, Daniel Krauthammer. He declined to provide further information.”
Topic to follow: Charles Krauthammer
4. Trump orders creation of a stand-alone Space Force – POLITICO, Jacqueline Klimas
Top line: “President Donald Trump on Monday ordered the Pentagon to establish a stand-alone Space Force as a new branch of the armed forces. He also asked Joint Chiefs Chairman Gen. Joseph Dunford to carry out the process of standing up the new military service. The move quickly drew some backlash from one key senator, who said the president was overstepping his bounds by unilaterally calling for the creation of a new military service.”
Topic to follow: Space Exploration
5. EU tariffs on US goods come into force – BBC News
Top line: “The European Union (EU) has introduced retaliatory tariffs on US goods as a top official launched a fresh attack on President Donald Trump’s trade policy. The duties on €2.8bn (£2.4bn) worth of US goods came into force on Friday. Tariffs have been imposed on products such as bourbon whiskey, motorcycles and orange juice.”
Topic to follow: Free Trade
6. Disney raises bid for Fox assets to $71.3 billion in cash and stock, topping Comcast – CNBC, Liz Moyer
Top line: “The new bid is $38 a share, up from Disney’s $28 a share offer in December and rivaling Comcast‘s $35 a share all-cash bid last week. Comcast’s deal is valued at $65 billion. The bidding war was expected as the two media giants battle over Fox’s movie production business as well as networks National Geographic and FX, Star TV, stakes in Sky, Endemol Shine Group, Hulu and regional sports networks. Disney’s new bid allows Fox shareholders to choose cash or stock. Fox called the new Disney offer “superior” to the Comcast proposal.”
Topic to follow: 21st Century Fox
7. GE Kicked Out of Dow, the Last 19th Century Member Removed – Bloomberg, Sarah Ponczek, Rick Clough
Top line: “General Electric Co. suffered a crowning ignominy Tuesday as overseers of the Dow Jones Industrial Average kicked the beleaguered company out of the stock gauge it has inhabited for more than a century. Once the world’s most valuable company, GE will be replaced by Walgreens Boots Alliance Inc., the Deerfield, Illinois-based drugstore chain created in a 2014 merger. The change will take effect prior to the open of trading next Tuesday. Down 26 percent, GE is the worst performer in the Dow in 2018, as it was last year, as well.”
Topic to follow: General Electric
8. Instagram hits 1 billion monthly users, up from 800M in September – TechCrunch, Josh Constine
Top line: “Today Instagram announced that it has reached 1 billion monthly active users, after passing 800 million in September 2017 with 500 million daily users. That massive audience could be a powerful draw for IGTV, the longer-form video hub it’s launching for creators today. While IGTV monetization options are expected in the future, content makers may flock to it early just to get exposure and build their fan base.”
Topic to follow: Instagram
9. Supreme Court Leaves ‘Wild West’ Of Partisan Gerrymandering In Place — For Now – NPR, Nina Totenberg
Top line: “The U.S. Supreme Court punted Monday on its biggest decision of its term so far. The justices had been expected to rule on the limits of partisan gerrymandering. Instead, the court sidestepped the major issues on technical grounds, sending the issue back to the lower courts for further examination. The two cases before the court illustrate the bare-knuckles practice both parties have used to maximize and perpetuate their own power through the re-drawing of legislative district lines.”
Topic to follow: U.S. Supreme Court
10. The World Cup Confidence Rankings – The Ringer, Ryan O’Hanlon
Top line: Argentina are on the brink of disaster, while Spain, France, and England—yes, England—can start dreaming of the knockout stages. We’re a week into the World Cup! So, it’s time to check in on our pre-tournament top 10 and rank them in order of who we’re feeling best about and worst about.”
Magazine to follow: World Cup 2018
Check out The Daily Edition throughout the week for your news updates.