 | | Leaders discussed economic sanctions on Russia at a Group of 7 summit meeting in Germany on Sunday. John Macdougall/Agence France-Presse - Getty Images | Your Monday Briefing By ADEEL HASSAN |
| Good morning. |
| Here's what you need to know: |
| • The president's full agenda. |
| On President Obama's to-do list at the Group of 7 summit meeting in Germany today: ensure that global powers maintain sanctions against Russia, secure their pledges to cut greenhouse gas emissions and elicit a statement in support of free trade. |
| He'll also meet on the sidelines with Iraq's prime minister, from whom he's likely to hear a request for more U.S. help in fighting Islamic State militants. |
• A rebuke in Turkey.
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| The governing party lost its majority in Parliament, casting a blow to the president's ambition to rewrite the Constitution and increase his power. |
| The stock market there dropped 6 percent and the currency fell to a record low. |
| • Vote counting in Mexico. |
| Official results in the country's midterm elections are expected this morning, but it appears the governing party will keep legislative control despite presidential scandals and a wave of violence. |
| But an independent candidate for governor has handily won, according to exit polls, a sign of voter frustration with the country's traditional political parties. |
| • On Capitol Hill. |
| The Senate resumes debate today on the National Defense Authorization Act, which sets Pentagon spending priorities. |
| Democrats are considering blocking the legislation as they press their case for scrapping mandatory spending caps. |
| • Fewer abortions in U.S. |
| The number of abortions has fallen 12 percent since 2010, a new survey finds, with drops in states with tough anti-abortion laws and in those with more liberal rules. |
| A major factor in the decline has been a drop in the teen pregnancy rate. Here's a state-by-state look at the numbers. |
| • Cybersecurity failure. |
| The U.S. government begins notifying federal employees today whose personal information may have been stolen in last week's attack by hackers suspected of being in China. The U.S. had been warned that its system was open to attack. |
| • Peace is profitable. |
| A new report finds that the Israeli and Palestinian economies would stand to gain $183 billion over the next decade if an independent Palestinian state emerged tomorrow. |
| • Weather alert. |
| Severe thunderstorms are possible today from the southern Plains to the Northeast, according to the National Weather Service. |
| MARKETS |
| • Apple is expected to unveil today new versions of its computer and mobile operating systems and a streaming music service at its annual conference for software developers. |
| Absent will be a long-anticipated upgrade for the Apple TV set-top box because of issues related to content and technology. |
| • Diageo shares surged today on an unconfirmed Brazilian news report that the billionaire Jorge Paulo Lemann was considering a takeover of the liquor giant. |
| • Deutsche Bank shares soared 6 percent after its chief executives, Anshu Jain and Jürgen Fitschen, abruptly resigned. |
| European stocks as a whole are falling, with Germany's benchmark index down 10 percent from its peak in April, the technical definition of a market correction. |
| Wall Street stock futures are little changed. |
| OVER THE WEEKEND |
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| • Two murderers escaped from a maximum-security prison in New York, near the Canadian border, using power tools to drill out of their cells. |
| • Pope Francis, in Bosnia and Herzegovina, called for greater religious reconciliation and an end to sectarian conflicts around the world. |
| • President Obama delivered the eulogy at Beau Biden's funeral Mass. |
| • Big winners: American Pharoah, the 12th horse to win horse racing's Triple Crown; Serena Williams and Stan Wawrinka at the French Open; and Barcelona in the Champions League. |
| • CatCon drew 10,000 cat fans to Los Angeles. |
| • "Spy," starring Melissa McCarthy, was No. 1 at the weekend North American movie box office. |
| • Catching up on TV: Episode recaps for "Silicon Valley," "Veep" and "Game of Thrones." |
| NOTEWORTHY |
| • Broadway's big night. |
| "Fun Home," winner of best musical, and "The Curious Incident of the Dog in the Night-Time," best play, each brought home five Tony Awards on Sunday. |
| Helen Mirren ("The Audience") and Alex Sharp ("Curious Incident") completed a British sweep of the top acting honors. The night stood out for the number of awards granted to women. |
| • Solar sail in space. |
| A small experimental spacecraft testing the possibility of harnessing sunlight for propulsion is unfurling its light sail in space and should send back photos of the deed today. |
| • The wealthy mommy clique. |
| "Odd Mom Out" is a new TV series that centers on a stay-at-home mother in Manhattan who tries to navigate a world of wealthier, snootier women on the Upper East Side (10 p.m. Eastern, Bravo). |
| The show starts just after the release of "Primates of Park Avenue," a memoir that focuses on that very world. Some of the book's details and chronologies were changed, the publisher acknowledged on Sunday. |
| • Women's group stage |
| The U.S. women's soccer team begins its quest for a third title at the World Cup against Australia today (7:30 p.m., FS1). Today's schedule. |
| • Scoreboard. |
| The Tampa Bay Lightning and Chicago Blackhawks are tied, 1-1, in the best-of-seven Stanley Cup final. Game 3 is at 8 p.m. on NBCSN. |
| On Sunday night, it was another overtime thriller in the NBA finals. This time, the Cleveland Cavaliers prevailed, 95-93, over the Golden State Warriors to tie the series at one game apiece. |
| BACK STORY |
| There are Americans who still call it "Sears, Roebuck," even though the parent company dropped Roebuck from its logo long ago. |
| The storied retailer — whose mail-order catalog arguably helped make modern America possible — reports its first-quarter financial results today. |
| So whatever happened to Roebuck? |
| Richard W. Sears was a onetime railroad agent who started a mail-order business selling watches in 1886 in Minneapolis. |
| The next year, Alvah C. Roebuck answered a newspaper advertisement that Sears placed when it was looking for a watch repairman. |
| The two expanded the business, issuing their first catalog in 1888. |
| Railroads, low postal rates for catalogs and Western expansion all helped Sears, Roebuck boom. |
| While Mr. Sears had a brain for business, Mr. Roebuck was more of a tinkerer: He left the company in 1899 to make movie projectors and later typewriters, returning in 1933. |
| As he sold his stake in Sears, Roebuck early on, he never profited from the boom years. |
| Interestingly, he never publicly expressed disappointment about missing out on that fortune. |
| Victoria Shannon contributed reporting. |
| Your Morning Briefing is published weekdays at 6 a.m. Eastern and updated on the web all morning. |
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