| By Bethel Habte (@bethel_habte)
A black man named Philando Castile was fatally shot after a police officer in Minnesota pulled him over during a routine traffic stop. A woman was sitting next to him when it happened. In the immediate aftermath of the incident, she broadcast what was going on in the car in a (very graphic) Facebook live video. She said that her boyfriend had a gun, which he was licensed to carry and that he’d been asked to show his ID. Behind her police officers repeatedly tell her to keep her hands up and a small child can be heard crying in the background. Castile’s shirt is soaked in blood and a police officer continues to aim his gun at him. Quote of the day: "He was trying to get out his ID and his wallet out of his pocket," she said. "He let the officer know that he had a firearm and that he was reaching for his wallet and the officer just shot him in his arm." - A woman identified by Heavy.com as Lavish Reynolds, in a Facebook Live video The hashtags #PhilandoCastile and #FalconHeights are both trending on Twitter. This is a developing story. 
In the aftermath of the last major, documented shooting of a black man named Alton Sterling in Baton Rouge, civil liberties advocates are raising questions about the use of body cameras. During that shooting, the officers’ cameras were knocked out of position, resulting in poor-quality video, police revealed on Wednesday. In the age of smartphones, though, everyone’s a documentarian. Digit of the day: 95 Despite their apparent problems, that’s the percentage of police departments that plan to adopt body camera programs, according to a December survey conducted jointly by the Major Cities Chiefs Association and Major County Sheriffs Association. Taser International, a manufacturer of the cameras, designs them to only be turned off after holding a power button down for 5 seconds in an effort to prevent officers from quickly turning them off during confrontations. 
Sandra Sterling, reacts during community vigil in memory of her nephew, Alton Sterling, who was shot dead by police in Baton Rouge, Louisiana, July 6, 2016. REUTERS/Jeffrey Dubinsky
The federal investigation into Hillary Clinton's use of a private email server while secretary of state is over, U.S. Attorney General Loretta Lynch said Wednesday evening. Lynch said she accepted the FBI's recommendations that no charges be brought in the probe, which director James Comey delivered Tuesday. Comey will be facing questions in Congress today. House Speaker Paul Ryan suspects Clinton received preferential treatment from the FBI. Trump had stronger words (and he made room for a non-sequitur) in 140-characters: 
Around the country 1. His use of a Star of David laid over piles of money in a tweet attacking White House rival Hillary Clinton. In making his case, he tweeted this: 
2. His defense of Saddam Hussein.
"So I said bad guy, really bad guy, but he was good at one thing: Killing terrorists… I don’t love Saddam Hussein. I hate Saddam Hussein. But he was damned good at killing terrorists." -Donald Trump - Baltimore’s police department, already beset by a public outcry over the death of Freddie Gray and a rising murder rate, is facing another headache: it's shrinking fast. Both union and police officials say officers have defected to other departments in the area since Gray’s death.
- A Bernie Sanders endorsement of Clinton could be coming as early as next week, ABC reported, citing unnamed sources close to the Sanders campaign. Sanders hasn’t officially dropped out of the Democratic race and says he’ll be pushing for a liberal agenda leading up to the Democratic National Convention in Philadelphia from July 25 to 28, when Clinton's nomination is expected to become official.
Around Wall Street
- JPMorgan Chase could be forced to move thousands of staff out of Britain if the country loses its automatic right to sell financial services to the European Union after last month's Brexit vote, bank CEO Jamie Dimon told an Italian newspaper. Currently, banks based in the UK can sell services freely across the EU under a "passporting" system. The company’s 16,000 employees could be forced to move into the euro zone depending on how Brexit pans out. (Brexit is still confounding central banks by the way).
- Is the Chinese government’s call to build an “innovation economy” just disguising a real estate bubble? Beijing has called for innovation centers to be built all over the country in the name of supporting creativity, with slogans such as "mass entrepreneurship" and "internet plus." But many of them are located in small cities and towns and lack the financial, technical or marketing expertise that many startups need, Reuters found. Not ideal for the next Jack Ma.
- It’s a cruel summer for U.S. oil refiners. Summer travel’s giving profits a boost, but it’s not as robust as refiners had hoped. Summer gasoline demand usually fattens margins for refiners, but that won’t happen this year according to analysts who expect the situation to remain bleak in the weeks ahead, unless there are large drawdowns in inventories.
Around the world - Militants attacked Bangladeshi police guarding Eid celebrations on Thursday, killing two policemen and wounding nine by using small bombs and sharp weapons. This attack comes just days after young Islamic State militants claimed 20 lives in Bangladesh’s capital. It isn’t clear how many attackers were involved in this attack.
- Stick to your promises, Chinese foreign minister Yang Wi told U.S. Secretary of State John Kerry over the telephone. Wi urged the U.S. keep to its word and not take sides in disputes in the South China Sea. Tensions and rhetoric have been rising in the region ahead of a July 12 ruling by an arbitration court in the Hague hearing the dispute between China and the Philippines over rival claims.
- And in one glistening hope for humanity, a three-member multinational crew, including Kate Rubins of the United States, blasted off aboard a Russian Soyuz rocket from Kazakhstan for a trip to the International Space Station. The photos are pretty neat.
Today's reason to live: Eventually - Tame Impala |
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