Good morning, Quartz readers!
What to watch for today
Mark Zuckerberg will be grilled by the European Parliament. The Facebook CEO’s meeting with MEPs will be focused on the company’s Cambridge Analytica scandal and its impact on up to 2.7 million EU citizens. It will be live-streamed at 12:15pm ET (6:15pm CET).
How’s Hewlett Packard Enterprise doing? Analysts predict continued growth in the second quarter, as HPE migrates away from its core servers business and gets deeper into enterprise tech, such as data-center networking and cloud computing.
South Korea’s president visits the White House. Moon Jae-in will meet Donald Trump to discuss North Korea’s predictably unpredictable about-face, which sparked concern that Pyongyang might cancel the June 12 summit in Singapore.
While you were sleeping
The New York Stock Exchange got its first female leader. NYSE parent company Intercontinental Exchange said that Stacey Cunningham would become the 67th president (paywall) of the 226-year-old bourse as of Friday. Cunningham started her career at the NYSE as an intern in 1994 and is currently its chief operating officer.
Sony will buy most of EMI Music Publishing. The Japanese giant wants to boost its music portfolio—and EMI has some 2 million songs by artists like Queen, Alicia Keys, and Pharrell Williams. Sony will pay around $2.3 billion for a controlling stake in the record label.
Journalists gathered in North Korea for a nuclear site shutdown. Reporters from Western and Chinese news organizations arrived in North Korea today, which suggests that Kim Jong-un will carry on with the shutdown of his Punggye-ri nuclear test site. Critics say the move is just for show, as there will be no inspectors present.
An Australian court convicted an archbishop for concealing child sex abuse. Adelaide archbishop Philip Wilson faces a maximum penalty of two years in jail. The offense dates back to the 1970s, when a teenager told Wilson he’d been abused by another priest, who was subsequently found guilty in 2004 of nine counts of child sexual abuse.
Investors went gaga over reports that China will ditch baby-making laws. After Bloomberg reported that Beijing may scrap its limit on how many children people can have, infant-formula firms saw their share prices soar (paywall). On Tuesday, baby-supplies company Shanghai Aiyingshi jumped 10%, as did diaper-maker Xiamen Yanjan New Material.
Quartz Obsession interlude
Katherine Ellen Foley on why the pharmaceutical industry isn’t searching for an Alzheimer’s cure. “In theory, the best way to treat Alzheimer’s disease would be to stop the brain-cell destruction before it starts. The problem is that during the earliest stages of Alzheimer’s, people have no way of knowing that anything is wrong. For all their capabilities, our brains don’t feel anything… when cognitive symptoms do show up, it’s too late.” Read more here.
Matters of debate
Ignoring older workers is more worrying than job-killing robots. Mobilizing and deploying older employees is a crucial competitive advantage.
There is really only one Trump scandal. The White House’s endless controversies have a common thread: the corruption of government for personal gain.
Passports don’t grant freedom—they curtail it. Travel documents are symbols of governmental power to limit mobility.
Surprising discoveries
Maine fishermen are selling baby eels for $2,400 a pound. The price reflects surging demand in Asia and low harvests elsewhere.
Recharging electric scooters is a cutthroat business. Companies like Bird have effectively created a lucrative scavenger hunt.
The American Airlines boss won’t say if he’s flown in its new economy class. Doug Parker may not have even tried out the airline’s downsized seats.
Neurosurgeons analyzed Michael Jackson’s “Smooth Criminal” dance move. Core strength allowed MJ to lean from the ankle at a 45-degree angle while keeping his body straight.
Bernie Madoff deserves some credit for Amazon’s creation. Jeff Bezos reportedly said he left a New York hedge fund because he was tired of competing with the Ponzi schemer.
Our best wishes for a productive day. Please send any news, comments, airline upgrades, and ankle supports to hi@qz.com. You can follow us on Twitter for updates throughout the day or download our apps for iPhone and Android. Today’s Daily Brief was written by Jill Petzinger and edited by Lianna Brinded.