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2016/07/29

The sky is falling

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Forget Tornadoes
Rain Bombs Are Coming for Your Town
There have been some "wet microbursts" in the U.S. in the past two months, including on Monday, when the Empire State Building was struck by lightning twice. And we have no one to blame but ourselves. Our carbon emissions contribute to hotter temperatures, which lead to more water in the atmosphere. The result is more intense storms and major floods like the ones in Houston and West Virginia, which resulted in the deaths of several dozen people. Scientists don't know where the next "rain bomb" will occur, but it's clear that we've weaponized our atmosphere.

Today's Top Stories

Number 01

Clinton Reaches Beyond Democrats to Build a Coalition Against Trump

Accepting the Democratic nomination for president on Thursday night as the first woman to be chosen by a major U.S. political party, Hillary Clinton went to work converting diehard Sanders supporters and unhappy Republicans. Beyond attacking Donald Trump with a more optimistic vision for America, Clinton's biggest task will be overcoming the mistrust of voters. More than half the public has an unfavorable view of her. Though Trump's unfavorability numbers are higher, they are tied in most polls 101 days before the election.

Number 02

Zika Cases Likely Transmitted Locally in U.S. for First Time

Four cases of Zika virus were likely locally transmitted in Miami by mosquitoes, Florida health officials said Friday. As opposed to past cases caused by travel to affected areas or sexual contact with an infected person, these cases suggest Zika could become endemic in parts of the U.S. The Florida Department of Health said it thinks active transmission is happening in a "small area in Miami-Dade County, just north of downtown."

Number 03

The Number of Black CEOs Has Shrunk Under Obama

In 2007, the year before Barack Obama first won the White House, seven S&P 500 companies were led by African Americans. Now there are four, a number that will drop to three when Ursula Burns steps down as chief of Xerox in the next few months. Most executives within striking distance of CEO positions are also white, and company boards are less black now than they were in 2010, according to data from recruiter Spencer Stuart. The highest-ranking black employee at New York Life Insurance says he advises young black colleagues that they'll have to work "twice as hard to be equal."

Number 04

Want to Drink All Day This Summer? These 10 Beers Are for You

Beer fans call them "session beers"—beers with a low enough alcohol content that won't get you too inebriated the next time you day drink. To help you stay refreshed during record-high temperatures this summer, here are 10 easy drinking beers that contain less than 4 percent alcohol by volume. Cheers.

Number 05

The Unraveling of Harvard's Star Trading Desk

Why can't the world's richest university make smarter investments? Harvard Management Corp.'s plan to rejuvenate the school's endowment has collapsed. Chief executive Stephen Blyth resigned Wednesday for personal reasons after the two former Goldman Sachs partners he brought in to revamp equity strategy left in June. The school with a $37.6 billion endowment trails all Ivy League schools except Cornell in rate of investment return.

Best Way to Beat Traffic
Flying River Taxis Could Be in Paris by Next Summer
Instead of sitting in Paris traffic, take a flying river taxi. SeaBubbles wants to build battery-powered bubble-shaped ships that hover above water and can carry up to five people, and it's aiming to be operating by summer 2017. The startup is reaching out to other companies to turn its bubbles into cabs and help solve the traffic problem in one of the world's biggest cities.
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