What’s News
Dow Record Ends Yearlong Drought
The Dow Jones Industrial Average charged to a record Tuesday, surpassing its May 2015 milestone and ending the longest period without a record since the drought from October 2007 to March 2013.
South China Sea Ruling Puts Beijing in a Corner
A tribunal emphatically rejected China’s territorial claims in the South China Sea, raising regional tensions and forcing Beijing into a conundrum over how to respond: ignore international law, or yield ground to its neighbors and the U.S.
Tesla Has No Plans to Disable Autopilot Feature in Its Cars
Elon Musk has no plans to disable Tesla’s Autopilot function in the wake of a fatal crash of a Model S electric car. The auto maker instead plans to redouble efforts to educate customers. 78
Embattled Labour Chief Gets Break in Battle to Keep Post
The governing body of the opposition Labour Party said leader Jeremy Corbyn would automatically be on the ballot in the coming leadership election.
Loan Slump Might Turn Silicon Valley’s Anti-Bank Into a Bank
Fintech startup Social Finance, hurt by a lending slowdown and iffy funding, has toned down its tough talk and had talks about getting a bank charter.
Obama Calls for Unity as Dallas Mourns Slain Police Officers
At a memorial service for the five police officers slain in Dallas last week, President Barack Obama called for unity out of the tragedy that has shaken the nation, while saying that it has reopened longtime racial divides. 820
Election 2016
GOP Platform Panel Moves Toward Trump’s Positions
A Republican Party panel on Tuesday adopted policy language that largely adheres to presumptive nominee Donald Trump’s protectionist view of foreign trade and immigration, moving the platform away from positions long held by party leaders. 66
Heard on the Street
Beware the Squishy Math of ComScore’s Pay Plan
Nintendo's new smartphone game, Pokémon Go, has become an unexpected craze and it's translating in a spike of $9 billion in market value for the company. WSJ's Sarah Needleman discusses with Lee Hawkins. Photo: Nintendo
‘Pokémon Go’ Craze Raises Safety Issues
The hit mobile app “Pokémon Go” is raising questions about whether the game’s location and mapping features are luring players into danger.
Hyperloop One Co-Founder Hits Company With Lawsuit
The lawsuit, filed by Chief Technology Officer Brogan BamBrogan, puts on display of the tension that often exists between engineers and investors in Silicon Valley.
Airbus Cuts A380 Production Plans
Airbus slashed production of its A380 superjumbo jet in a retreat from one of its most ambitious projects—but one that triggered its biggest corporate crisis a decade ago. Since then it has never generated enough sales to justify its huge costs.
Major U.S. Brewers Will Add Nutrition Labels By 2020
The biggest brewers in the U.S. said Tuesday they plan to offer nutrition information for beers like Heineken and Corona, detailing the amount of calories, carbohydrates and alcohol in each brew.
Ahead of the Tape
The Bright Spot in Bank Earnings
Strong loan growth will help U.S. banks get through tough times.
Back in the Spotlight: The Central Banker Who Is ‘Running’ Britain
Mark Carney’s warnings before the U.K. voted to leave the European Union had critics calling for his head. Three weeks later, many of those same people are relying on the governor of the Bank of England to prop up Britain’s economy and markets.
Wall Street Debt Investors Circle Permian Resources
Wall Street debt investors have encircled a beleaguered oil producer founded by the late Aubrey McClendon and are in talks to take control of it in a deal that could also take the company public.
Markets
J.P. Morgan to Raise Pay for Lower-Tier Employees
J.P. Morgan Chase will boost pay for 18,000 of its lower-tier employees over the next three years, its chief executive, James Dimon, announced in an op-ed appearing on the New York Times website.
Property Report
Co-Working Office-Space Business Takes Off
The co-working business is mushrooming, with new locations popping up in old warehouses and new skyscrapers alike, as small and medium-size businesses opt for work spaces where members share common spaces.
U.S.
Congress to Break for Summer Without Acting on Gun Control
Congress will leave the Capitol at the end of this week for a two-month break without passing legislation to tighten access to guns. 59
Paterno Knew of Sandusky Abuse in 1976, Court Papers Say
Testimony in newly released documents alleges that former Penn State head football coach rebuffed boy making allegation.
At least 27 people were killed when two trains collided in Puglia, southern Italy, firefighters in the region say. Photo: Vigili Del Fuoco/Getty Images
At Least 27 Dead From Head-On Train Crash in Italy
At least 27 people have been killed and about 50 injured in a train crash in the southern Italian region of Puglia.
Venezuela Leader Puts Army in Charge of Food Supply
Venezuela’s President Nicolás Maduro has put the armed forces in charge of a new food supply system aimed at alleviating crippling shortages. 51
Macron Hints at Presidential Ambitions at En Marche Rally
French economy minister Emmanuel Macron took a step closer to becoming a presidential candidate Tuesday as he said the bipartisan movement he launched in April will seek victory in the 2017 elections.
Germans’ Terror, Migration Fears Supplant Economic Worries
Germans’ perceived insecurity has reached levels never seen before, a survey shows, with concerns about terrorism and migration taking center stage.
Video
Underwater Microscope Reveals Secrets of Deep Sea
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Inside Look at Disney's First Latina Princess
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Hispanics Register to Vote in Record Numbers
4:44Photos
WSJ's Sue Shellenbarger joins Tanya Rivero to discuss why teamwork patterns set in childhood could help future behavior in the work force. Photo: Timothy Archibald for The Wall Street Journal
Work & Family
How to Work Together on a Family Project
Getting children and parents to team up seems impossible but worthwhile; Here are some strategies to foster teamwork, writes Sue Shellenbarger.
Eating & Drinking
Freestyle Fried Rice
Anatomy of a Song
The ‘Magic Carpet Ride’
John Kay and Michael Monarch discuss the story behind 1968’s “Magic Carpet Ride.”