The historic meeting between U.S. President Donald Trump and Kim Jong Un is over, but the debate around the joint statement issued by the two leaders is just getting started. The task of reunifying the Korean peninsula faces enormous challenges—mostly related to North Korea's suffering economy—but it could also include big benefits. —Margaret Sutherlin Here are today's top storiesAT&T was cleared by a judge to take over Time Warner in an $85 billion deal that the mobile-phone giant says will fuel its evolution into a media powerhouse. White House trade adviser Peter Navarro apologized for suggesting Canadian Prime Minister Justin Trudeau deserved a “special place in hell” for his comments at the G-7 meeting. Tesla is laying off 9 percent of its workforce as a part of a restructuring and cost-cutting plan. Almost all affected workers are salaried employees. Shares spiked on the news. U.S. inflation accelerated in May to the fastest pace in more than 6 years, eroding wage gains and reinforcing the Federal Reserve’s outlook for gradual interest-rate hikes. In Tuesday's congressional primaries, voters are picking the challengers to two of the Senate's most vulnerable incumbents. The races could help decide which party controls the Senate. New U.S. drug rules would make it easier for drugmakers and insurance companies to negotiate pricing deals based on how well a medicine works. What's Joe Weisenthal thinking? The Bloomberg news director is waiting to see what’s ahead for cryptocurrencies. So far, it's been a rough year. What you'll need to know tomorrowA new company wants to predict cancer through a breathalyzer. Christian Louboutin's famous red-soled shoes just won a big EU trademark case. People love to eat beef but they don't want to wear it, which is worrying leather producers.These airports have the fastest Wi-Fi.The U.S. installed more solar energy than any other source of electricity in the first quarter.Landlords have malls they’d like to unload, but where are the buyers?Deutsche Bank calculated a $1.4 trillion surplus the U.S. isn’t talking about. What you'll want to read tonightIn Ukraine, graft has become so pervasive that only Russia seems to pose a greater threat to the nation’s security. Officials in Kiev, never lacking for imagination, have decided to address the problem head-on this month by opening "Corruption Park" at the city’s botanical gardens. Like Bloomberg's Evening Briefing? Subscribe to Bloomberg All Access and get much, much more. You'll receive our unmatched global news coverage and two in-depth daily newsletters, The Bloomberg Open and The Bloomberg Close. How climate science and the future of energy reshape our world. Sign up for Bloomberg's weekly Climate Changed newsletter to get the best of our coverage about climate science and the future of energy, straight to your inbox. Download the Bloomberg app: It's available for iOS and Android. |