Skip to navigationSkip to content

Quartz

Join half a million global business professionals who start their day with the Quartz Daily Brief. Read it below or sign up →
Mourners attend a vigil for victims of a racist shooting at a Buffalo supermarket.
Image copyright: Reuters / Brendan McDermid
Mourners attend a vigil for victims of a racist shooting at a Buffalo supermarket.

Here’s what you need to know

A white gunman killed 10 people in a Buffalo, New York supermarket. Of the 13 people shot in what authorities described as a racially motivated hate crime, 11 were Black.

JetBlue plans a hostile takeover of Spirit Airlines. JetBlue will offer to buy out Spirit’s shareholders, as a way of influencing Spirit’s management to reconsider its merger with Frontier Airlines.

Shanghai’s total lockdown will end on June 1. City officials announced a phased reopening, even as the economic costs of China’s zero-covid policy mount. Beijing’s lockdown is still in force.

CEO pay packages rose for a sixth straight record year. The median compensation for chief executives of the US’ biggest companies was $14.7 million in 2021.

Ukraine won the Eurovision Song Contest in a landslide. The song “Stefania,” by Ukraine’s Kalush Orchestra, is a tribute both to the frontman’s mother and to the band’s motherland.

India banned most wheat exports, citing rising inflation and lower crop yields. The global wheat supply is already tighter than usual because of the war in Ukraine.

📬 Kick off each morning with coffee and the Daily Brief (BYO coffee).

By providing your email, you agree to the Quartz Privacy Policy.

Read full briefing

Latest stories

More latest stories