• ☝️ The Bugatti Tourbillon, a $4 million electric hybrid sports car that can reach speeds of up to 250 MPH, was unveiled late last week; the Tourbillon’s naturally aspirated V16 engine combines with a trio of electric motors to deliver 1,800 horsepower, making it the most powerful Bugatti ever built.

BUSINESS & MARKETS

in partnership with Beam

• 💰 US markets closed mixed on Friday (S&P: -0.2%; Dow: +0.04%; Nasdaq: -0.2%). | 🏘️ The national median existing-home price in May was $419,300, a record high dating back to 1999 (when data collection started); sales of previously owned homes decreased for the third month in a row.
• 👚 Forever 21 is asking some landlords for rent concessions as high as 50% due to financial difficulties, per CNBC.
• 🚘💻 CDK Global, an automotive software company used by 15,000 car dealerships in the US, began restoring its systems following a cyberattack that pushed them offline last week; Bloomberg previously reported CDK was negotiating with an Eastern European-based hacker group that was demanding tens of millions of dollars in ransom to end the outage.

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SPORTS, MEDIA & ENTERTAINMENT

• 🏒🏆 Stanley Cup Finals: The Edmonton Oilers came back from a 3-0 series deficit to force Game 7 against the Florida Panthers; the puck drops at 8 pm ET tonight. | ⚾🏆 Men’s College World Series: No. 1 Tennessee will face off against No. 3 Texas A&M in a deciding Game 3; first pitch is at 7 pm ET tonight.
• 🍿 Inside Out 2 earned $100 million in its second weekend at the US box office, marking the highest such total for an animated movie (and seventh-highest ever); with $724.4 million in global sales, Inside Out 2 has already surpassed Dune: Part Two as 2024’s top-grossing film.
• 🏃‍♀️ Sha'Carri Richardson is heading to Paris: the 24-year-old qualified for her first Olympic Games on Saturday, with her 10.71-second 100-meter dash marking the fastest by a woman this year; Richardson was barred from the 2021 Tokyo Olympics due to a positive THC test.

SCIENCE, SPACE & EMERGING TECH

in partnership with NoNetz

• 🚬 The FDA authorized the first menthol-flavored e-cigarettes for adult smokers, acknowledging for the first time that vaping flavors can reduce the harms of traditional tobacco smoking.
• 🏠☄️ A Florida family is suing NASA for $80,000 in damages after a piece of space debris – later identified as remnants of a cargo pallet released by the ISS that failed to burn up in atmospheric re-entry – punched a hole in their roof.
• ⚡ Texas will need to provide nearly double its current amount of power within six years, according to a new report from the state’s main electric grid operator.

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MISCELLANEOUS

• 🚆🥵 Amtrak warned of train delays in the Northeast Corridor due to an ongoing heat wave. | 🌧 Torrential rain in the Midwest caused flooding that prompted rescues and evacuations in multiple states.
• 💰🗳️ Presidential campaign financial disclosures for May were filed last week; Trump and the RNC outraised Biden and the DNC for the first time this year ($141 million vs. $85 million).
• ⚖️ The Supreme Court voted 8-1 to uphold a federal law that bans people under domestic violence restraining orders from owning firearms. (Read more)

CLICKBAIT

• 🐶☀️ What – And When – Are The Dog Days of Summer?