Image: Joe Raedle/Getty

  • ☝️ Boeing’s Starliner rocket successfully reached orbit yesterday in its first crewed test launch, which came after a series of previous delays; Starliner is expected to dock with the ISS later today.

BUSINESS & MARKETS

in partnership with The Cold Life

  • 💰 US markets rose across the board (S&P: +1.2%; Dow: +0.2%; Nasdaq: +2.0%); both the S&P and Nasdaq closed at all-time highs.
  • 👖 Lululemon reported better-than-expected earnings and revenue; the retailer’s shares rose 10% in after-hours trading. | 📹 TJX Companies, which owns TJ Maxx, Marshalls, and Home Goods, began outfitting some security workers with body cams in an attempt to curb shoplifting.
  • ✈️ American Airlines is facing a potential flight attendant strike amid contract negotiations; the airline offered a 17% raise yesterday, short of workers’ 33% request.

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SPORTS, MEDIA & ENTERTAINMENT

  • 🏰 Disney is working with Florida on a new development agreement that would see Disney invest up to $17 billion over the next 10-20 years; it would also set the stage for a fifth park at Disney World.
  • 🎶 Sean “Diddy” Combs sold his majority stake in Revolt, the media company he founded in 2013.
  • 🎮 Netflix announced 14 new video game titles, including an exclusive Lord of the Rings mobile game.

SCIENCE, SPACE & EMERGING TECH

in partnership with Spoak

  • 🥤🌊 A sea-dwelling fungus can break down plastic polyethylene – the most common type of plastic pollutant in the oceans – after exposure to UV radiation from sunlight, per a new study.
  • 👂 A Chinese gene therapy trial successfully restored hearing in both ears to five children who were born deaf, per a newly published study. | 🐦🦠 A strain of bird flu not previously detected in humans led to the death of a person in Mexico, per the WHO, which said the virus’ risk to the general population is currently low.
  • 🚁 Archer Aviation, a United Airlines-backed electric air taxi startup based in California, received a key FAA certification that moves it closer to eventually flying travelers.

*From our partners: The interior design software that’s easy-to-learn and user-friendly … Spoak doesn’t just make interior design faster and easier – it makes it more fun. Try a free demo of Spoak here – then use code CHOCODONUT to save 45% on your first month.

MISCELLANEOUS

  • 🌎 The Earth set its 12th consecutive monthly global average temperature record in May, with average surface temps measuring 1.52°C (2.73°F) above pre-industrial levels.
  • ⚖️ A Georgia appeals court officially paused former President Trump’s election interference case until it resolves appeals seeking to disqualify Fulton County DA Fani Willis; the court is weighing whether to remove Willis over her romantic relationship with the case’s former top prosecutor. (Read more)
  • 🏛️ The Wall Street Journal published a 3,000-word report detailing how President Biden “shows signs of slipping” in closed-door meetings with congressional leaders from both parties. (The report)

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