The CEO of an important but semiobscure technology company sent an all-staff email last week. Before Charlottesville, that wouldn't be news, but this note was a little different: "I woke up this morning in a bad mood and decided to kick them off the Internet. ... It was a decision I could make because I’m the CEO of a major Internet infrastructure company." The "them" in this case is The Daily Stormer, a white supremacist site. "Having made that decision," Matthew Prince continued, "we now need to talk about why it is so dangerous." Today, we called up Prince to do just that. Then: If chart performance and YouTube streams are any indication, and most would say they are, "Despacito" by Puerto Rican stars Luis Fonsi and Daddy Yankee is the song of the summer. But will its success spill over into tourism dollars for the beleaguered territory? Finally: Oregon becomes the first state add an extra tax on bikes.
You can look at the costs of increasing the number American troops in Afghanistan in a couple of ways, right? There's lives, of course, the most basic measure. The easiest way is probably in dollars and cents, billions of them. Trump makes his first prime time address as president tonight, talking about how America will move forward in a war that's been going on since 2001. There's a stability question here too: Despite, or maybe because of 16 years of American and allied involvement the Afghan economy is still in trouble. Then: The President is settling back into the White House and Congress is getting back to work, but over the recess the media balance has shifted. Steve Bannon walked out of the White House and back into his website Breitbart. We'll talk about what that means amid a busy fall at the capital. Plus, just as the U.S. started to catch up on credit card security, scammers have moved on to a new target: your phone.
Steve Bannon has joined the list of recent White House departures, and with that, the prospect of a trade war with China got a little less likely. And that's good, because in spite of all the real economic competition between the world's two largest economies, they need each other. To that end: Beijing put out some new rules on overseas investments today, specifically limits on certain kinds of foreign acquisitions by Chinese companies. We'll talk about what that means. Then: During the Great Depression, the government started an experiment. It designed and built entire towns that were federally planned and subsidized. They were called Greenbelt Towns, and three of them got made before politics and economics got in the way. We'll talk with photographer Jason Reblando, who explores the Greenbelt in his new book "New Deal Utopias." Plus, as always, we'll cover a busy week in business and economic news during the Weekly Wrap.
If you've been paying attention to some of President Trump's recent public remarks, you might've noticed something (besides all that). He often leads with the economy, the stock market or his economic agenda and how great it's gonna be. In his extraordinary press conference on Tuesday, he even pointed to jobs as a way to fix race relations. That argument seemed a bit tidy, so we called up an expert to check the facts. That presser was supposed to be about infrastructure, by the way. The president has hyped a big spending package on roads, bridges, transit and the like for a while now. Today, we traveled back to Erie, Pennsylvania, for our series "The Big Promise" to see how infrastructure, public transit in particular, affects real people. Plus, we'll start off the show by asking: Are we at economic war with China?
CEOs of some of the biggest companies in America have been saying for the past two days they simply had to stay on two White House councils. But after Trump's comments yesterday, more and more of them changed their minds and said a seat at the table wasn't worth it. Finally, President Trump announced via Twitter that he'd be disbanding the councils anyway, thank you very much. We'll talk about what changed the dynamic between the executive in D.C. and all the rest of them. Then: We told you yesterday about the time BMW took a chance on building a huge factory stateside. Today we'll look at what happened and talk to the families enjoying the spoils of globalization in our series Trade Off. Finally: We check in with cultural critic Wesley Morris about what people want to watch in these troubled times.
An infrastructure announcement turned into an off-the-rails press conference this afternoon as President Trump blasted the four (now five) CEOs who have left his manufacturing council. We'll correct the record on some of his criticisms and then zoom out to the bigger question: If you're a CEO tapped for one of these White House advisory roles, why do you stay? Then: Trump has nominated people to fill just 106 of 577 key Senate-confirmed jobs in his administration. NASA and the National Oceanic and Atmospheric Administration are both lacking permanent leadership. We'll try to figure out what's at stake for the scientific community without — or with — someone in charge. Plus: Your pumpkin pie is a lie, and we'll tell you why.