- Dollar leaps versus yen, pound at highest since Brexit result (Reuters)
- Several hurt in 'terrorist' incident in London (Reuters)
- North Korea Puts Guam in Range With New Missile Launch Over Japan (BBG)
- U.N. Security Council to meet after North Korea fires another missile over Japan (Reuters)
- Trump’s New Pledge: Build the Wall Later (BBG)
- Russia Laundering Probe Puts Trump Tower Meeting in New Light (BBG)
- Tech Industry Finds Washington Isn’t So Hands-Off Anymore (WSJ)
- Amazon’s Big HQ2: A Sign of Hubris and Danger (WSJ)
- Euro zone wage growth surges, making ECB taper more likely (Reuters)
- Down $20 Billion, Boeing Stuffs Pension Fund With Own Shares (BBG)
- Spain passes measures to control Catalan finances ahead of independence vote (Reuters)
- Here’s What Your Identity Sells For on the Dark Web (BBG)
- Catalonia asks Spain's PM, king for dialogue on independence vote (Reuters)
- NASA Awaits Word That Saturn Spacecraft Met Fiery End (BBG)
- One House, 22 Floods: Repeated Claims Drain Federal Insurance Program (WSJ)
- Turkey detains main opposition leader's lawyer over coup links (Reuters)
- What crackdown? Expect more China deals, bankers say (Reuters)
- Suspected U.S. drone strike targets militants in Pakistan, regional official says (Reuters)
- Harvard withdraws fellowship invitation to Chelsea Manning (Reuters)
- World Hunger Worsens as War and Climate Shocks Hit Food Security (BBG)
Overnight Media Digest
WSJ
- Google parent Alphabet Inc has held talks to invest about $1 billion in ride-hailing company Lyft Inc. on.wsj.com/2y2lb9Z
- North Korea fired a missile over Japan early Friday local time for the second time in a month, defying rising international efforts to force it to abandon course. on.wsj.com/2y2EobT
- Vegetable and fruit producer Dole Food Co is exploring a sale, months after filing to go public. on.wsj.com/2y26pjt
- Facebook Inc said it will stop allowing advertisers who promote news articles on the site to modify the headlines and descriptions that appear with them. on.wsj.com/2y2lEsL
- In a series of tweets, U.S. President Donald Trump said there had been no agreement on the Deferred Action for Childhood Arrivals (DACA) program which he moved to end last week, but he repeated his desire to aid this group of young immigrants who are currently protected by DACA. on.wsj.com/2y2lOjR
- Three former Google employees filed a class-action lawsuit against the tech company, alleging it discriminated against women in pay and promotions. on.wsj.com/2y2gWvh
- SoftBank Group Corp is nearing a deal to take a substantial stake in Uber Technologies Inc but only if the Japanese technology investor can persuade shareholders to sell enough stock at a steep discount. on.wsj.com/2y2htgL
- The Trump administration extended U.S. sanctions relief to Iran as part of its 2015 nuclear agreement, senior U.S. officials said, but levied new sanctions over Tehran's ballistic missile program, cyber attacks and extremism support. on.wsj.com/2y2Lywy
FT
Nestle SA has bought a 68-percent stake for up to $500 million in California-based Blue Bottle Coffee, accelerating its expansion in the U.S. coffee market.
Volkswagen AG will recall 4.86 million vehicles sold in China due to problems with Takata Corp air bags, a blow to the carmaker in the world’s largest auto market. The recall will apply to both imported and Chinese-made vehicles sold as early as 2005.
GKN Plc has appointed Kevin Cummings, the head of its aerospace division, to succeed Nigel Stein as chief executive. Stein will retire in December after more than five years at the helm.
NYT
- Alphabet Inc's Google started restricting ads that come up when someone searches for addiction treatment on its site. "We found a number of misleading experiences among rehabilitation treatment centers that led to our decision," Google spokeswoman Elisa Greene said in a statement on Thursday. nyti.ms/2wtu8bv
- Nestle SA, the Swiss food giant, announced on Thursday that it had bought a majority stake in Blue Bottle. nyti.ms/2h4OllS
- Chinese bitcoin exchange BTC China announced on Thursday that it would stop trading by the end of the month, amid a broader crackdown against virtual currencies by the authorities in Beijing. nyti.ms/2flja1J
- German stock exchange operator Deutsche Boerse has agreed to pay 10.5 million euros, or about $12.5 million, in fines to resolve an investigation by German authorities into possible insider trading before its talks to merge with the London Stock Exchange Group Plc became public. nyti.ms/2x3YlQj
Canada
THE GLOBE AND MAIL
Two of Canada's top artificial intelligence experts Joelle Pineau and Pascal Vincent are joining Facebook Inc, the latest in a string of renowned Canadian academics in the technology field to go to work for Silicon Valley giants. (tgam.ca/2xp9YU2)
The U.S. government is facing increasing pressure to reach a deal with Canada on softwood lumber, as demand for construction materials is expected to spike higher in Texas and Florida in the wake of hurricanes Harvey and Irma. (tgam.ca/2xp1PPo)
The Bank of Canada is eager to be more transparent, but it isn't ready to explicitly foreshadow every interest-rate move it makes just to appease financial markets, deputy governor Carolyn Wilkins said. (tgam.ca/2xoEcGD)
NATIONAL POST
A multi-million dollar federal investment of about C$50 million to Northwestel Inc in backbone internet infrastructure is expected to improve speeds in every one of Nunavut's far flung communities. (bit.ly/2xpasJQ)
The plan to overhaul Sobeys Inc appeared to be gaining some traction after parent Empire Company Ltd reported better than expected first-quarter results in a tough grocery environment. (bit.ly/2xousfs)
CNOOC Nexen Energy, the Calgary-based division of Beijing-based CNOOC Ltd, and its Tokyo-based joint-venture partner INPEX Corp canceled plans for a multi-billion-dollar liquefied natural gas project on Canada's West Coast on Thursday. (bit.ly/2xp47ya)
Britain
The Times
-BBC and other broadcasters will be told to publish information on the social backgrounds of their employees in a bid to break the middle-class stranglehold of the media. bit.ly/2h4CzrB
-The head of Britain's media watchdog Competition and Markets Authority (CMA) has hit out at the government's decision to ignore its advice on 21st Century Fox Inc's 11.7 billion pound ($15.68 billion) bid for Sky Plc after ministers rejected its recommendations. bit.ly/2y1CdFq
The Guardian
-Unions have ramped up the pressure on Prime Minister Theresa May over public sector pay by demanding a 3.9 percent rise for 1 million National Health Service staff plus an extra 800 pounds ($1,072.08) to make up for lost earning power during austerity. bit.ly/2y260h6
-MPs on two parliamentary select committees have challenged Sports Direct International Plc over claims it is deliberately under-paying couriers by mislabeling heavy items, including bicycles, as lightweight packets to avoid paying the fair delivery cost. bit.ly/2h5wVVY
The Telegraph
-Aerospace company GKN Plc is shaking up its board. Long-serving Chief Executive Nigel Stein will retire and be replaced by Kevin Cummings, who currently heads GKN's aerospace business. bit.ly/2y1VI0E
-Britain is facing a "digital deficit" with new research revealing that almost half of all workers do not have the computer skills required in an increasingly digitised economy. bit.ly/2h54c3G
Sky News
-The City of London is to double the size of its operation in Brussels ahead of Brexit amid mounting concerns about the consequences of a cliff-edge exit from the European Union for one of Britain's most important industries. bit.ly/2y1NyVR
-GLIL, which is backed by council retirement schemes in London, Greater Manchester, Lancashire, Merseyside and West Yorkshire, is involved in a consortium vying for a 15 percent shareholding in Anglian Water Group. bit.ly/2y22pQ1
The Independent
-The Bank of England has said UK interest rates are likely to rise "over the coming months" in order to curb inflation, preparing the ground for the first rise in the cost of borrowing in a decade. ind.pn/2y1Wx9t
-Three female former employees of Alphabet's Google filed a lawsuit on Thursday accusing the company of discriminating against women in pay and promotions. ind.pn/2y1MQb9
