The death of Ruth Bader Ginsburg

Weekend Reading

Ruth Bader Ginsburg, whose 27-year tenure as the second female justice on the U.S. Supreme Court highlighted a legal career dedicated to advancing the rights of women, has died. She was 87. Senate Majority Leader Mitch McConnell, a Kentucky Republican who blocked President Barack Obama from having a hearing on his nomination of Merrick Garland in 2016, said he would nevertheless schedule a vote to confirm President Donald Trump's nominee to succeed Ginsburg. 

What you'll want to read this weekend

Wall Street banks nudging workers back to the office have seen their plans go awry—JPMorgan, Barclays and Goldman Sachs have all been forced to send traders home again after reports of new coronavirus infections. BlackRock Chief Executive Officer Larry Fink has been warning that the remote-work era is eroding corporate culture, and JPMorgan has said productivity declined among staff working from home. But employees, many of whom have grown to like WFH life, aren't embracing the idea of returning just yet. In London, workplace attendance has increased only slightly. Ferdinando Giugliano argues in Bloomberg Opinion that we shouldn't be forcing workers to return in the first place.

The Fed signaled rates will stay near zero for at least three years to boost jobs and prices. Big investors are dying to know what young retail investors are doing, and even Fidelity's star manager (who oversees $230 billion) has Robinhood anxiety.

Japan's college graduates traditionally get one shot at their dream job—but this year they might not even get that. In the U.K., almost half of companies plan to reduce or freeze hiring. MBA students at the costliest U.S. programs are having buyer's remorse.

Wildfires have rendered our world unrecognizable. Sydney's new suburbs are now too hot to live in, but the Australian government wants people to move there anyway. Meanwhile, gas companies are abandoning their wells, leaving them to leak methane forever.

If you're in the U.S. and haven't downloaded TikTok, today could be your last chance as President Donald Trump moved to ban it on Sunday. China-based Tencent's stakes in Riot Games and Epic Games have drawn the administration's scrutiny. Singapore will pay citizens to keep healthy, with the help of an Apple Watch.

What you'll need to know next week

  • The Emmy Awards, hosted by Jimmy Kimmel, go virtual.
  • The Tour de France ends in Paris while the French Open begins.
  • Tesla CEO Elon Musk speaks at "Battery Day" in Fremont, California.
  • Fed chairman Jerome Powell is set to testify on Covid-19 relief.
  • The EU summit will address Turkey, China and the pandemic.

What you'll want to read in Businessweek

Does Facebook Have an Alliance With Trump?

Forget politics. What Mark Zuckerberg cares about—more than anything else perhaps—is Facebook's ubiquity and its potential for growth. The result, critics say, has been an alliance of convenience between the world's largest social network and Donald Trump.

Mark Zuckerberg

Photographer: Chip Somodevilla/Getty Images North America

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