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Tuesday, June 2, 2015

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Tuesday, June 2, 2015

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A survivor is pulled from the Yangtze River in China after a cruise ship sank Monday night with hundreds on board.

A survivor is pulled from the Yangtze River in China after a cruise ship sank Monday night with hundreds on board. Reuters

Your Tuesday Briefing
By ADEEL HASSAN
Good morning.
Here's what you need to know:
• Hundreds presumed dead as ship sinks.
Most of the 458 people, many of them elderly tourists, aboard a cruise ship in China are missing after the boat sank on the Yangtze River during a heavy rainstorm.
Rescue crews have found only about a dozen people from the vessel. The captain and an engineer survived and have been detained by the police.
• Spying bill awaits amendments.
After debate and voting on amendments today, senators could approve a bill as early as this afternoon that would curtail the government's vast surveillance authority.
The bill, known as the U.S.A. Freedom Act, would reauthorize the surveillance but would phase out the bulk collection of phone records.
• Looking for a way to stop ISIS.
Officials from 20 countries meet in Paris today to discuss their strategy against Islamic State militants, who are expanding their control in Iraq, Syria and Libya.
Secretary of State John Kerry, who is in a Boston hospital after breaking his leg in France, will participate via a video connection.
On Monday, ISIS bombers attacked a police building north of Ramadi, Iraq, killing 40 officers. The BBC revealed footage that appears to show the militants torturing a 14-year-old Syrian boy.
• Following the money.
Sepp Blatter's top lieutenant at FIFA made $10 million in bank transactions that are central to the bribery scandal engulfing international soccer, U.S. officials said.
FIFA, soccer's world governing body, denied the accusations today.
• Tax hack attack.
The I.R.S. commissioner answers questions from the Senate Finance Committee today about why the agency didn't address known security flaws in its systems.
That failure may have helped hackers steal the personal information of thousands of taxpayers this year.
• Finally, medals of honor.
President Obama today posthumously bestows America's highest military honor on two World War I Army veterans who may have been denied the award because of discrimination: One was black, the other was Jewish.
MARKETS
• Takata, the Japanese company under fire for defects in its airbags for cars, tells Congress today it will stop making a certain kind of inflaters.
But the company's written testimony before a Senate hearing indicates it isn't switching away from the use of a chemical compound that some experts have said can become dangerous.
• India's central bank cut interest rates for a third time this year, to 7.25 percent, to bolster the economy.
• Wall Street stock futures are falling. European shares are down moderately, and Asia ended mostly lower.
NOTEWORTHY
• The bottom of the bottom.
Cable TV and Internet companies tied for last place in customer satisfaction, a seven-year low, among 43 industries in the American Customer Satisfaction Index, released today.
Time Warner Cable, in the process of being acquired by Charter Communications, tied for last place among 300 companies.
• Summer reading.
The season moves into high gear with the releases today of "Finders Keepers" by Stephen King; "In the Unlikely Event" by Judy Blume; "Palace of Treason," by Jason Matthews; and "Muse," a tale of sex-fueled days at a publishing house, written by Jonathan Galassi, head of the publisher Farrar, Straus and Giroux.
In nonfiction, "Primates of Park Avenue" by Wednesday Martin is getting a lot of attention because it reveals that wealthy nonworking mothers receive a "wife bonus" for outstanding domestic performance.
• What's streaming today?
A show about streaming, of course. A new NPR Music series, "Streaming at the Tipping Point," explores what listening to music over the Internet means for music producers, and for us.
Today's edition includes an interactive quiz that tests your ability to detect different levels of audio quality. The series continues all week.
• Meet Ms. Jenner.
Bruce Jenner, the former Olympic athlete and reality TV star who has chosen to become a woman, revealed her new name as Caitlyn Jenner on the cover of Vanity Fair magazine.
Her new Twitter account, @Caitlyn_Jenner, set a time record for reaching one million followers, in four hours and three minutes. Last month, President Obama's handle, @POTUS, reached one million in about five hours.
• Recovering grim wreckage.
The Smithsonian formally announces today that the wreckage of a vessel that sank in 1794 has been found off the coast of Cape Town.
It's the first time a ship that went down with slaves aboard has been recovered.
• Sports diplomacy.
The New York Cosmos, who play in the second-tier North American Soccer League, today become the first professional American team to play in Cuba since the U.S. announced that it would begin restoring full diplomatic relations.
BACK STORY
Not that you need an excuse to visit Paris, but the French Open in late spring — Stan Wawrinka plays Roger Federer in the quarterfinals today — is always a welcome attraction.
Unless you're claustrophobic. The tennis complex in Paris where the matches are played, Roland Garros, is only about half the size of other Grand Slam locations.
And it looks as if it may stay that way for a while. Last week, the Council of Paris rejected plans to expand the site that the French tennis federation has been pushing since 2011.
The plans call for a retractable roof over the center court, as the U.S. Open now has at Arthur Ashe Stadium in Queens, and as Wimbledon and the Australian Open have.
Luckily this year, the weather forecast for the two-week tournament has been virtually rain free.
But the heart of the objections is the destruction of nearby botanical gardens to build new courts. The Paris council's vote was advisory, so the expansion may still go ahead. The earliest any major building could be completed is 2017.
As for what Roland Garros himself would have wanted, who can say? He was a pioneering aviator and World War I hero.
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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