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Labour will try to topple Theresa May if vote on Brexit deal fails

Photo: Juan Mabromata/AFP/Getty Images

Keir Starmer, the U.K. Labour Party's Brexit spokesman, said it would be "inevitable" that the opposition party would move for a no-confidence vote against Prime Minister Theresa May if a vote in Parliament on her Brexit deal fails later this month, per the AP.

Details: Both May and top European Union officials have presented her deal as the only possible option, meaning that the United Kingdom would face the possibility of a "no-deal" Brexit should the vote fail, which May's own chief economic minister said last week would involve dire economic consequences.

Go deeper: Theresa May fights for her Brexit deal, and her political future

Go deeper

Orion Rummler
9 mins ago - Politics & Policy

Prosecutors begin closing arguments in Chauvin trial

Steve Schleicher, an attorney for the prosecution in Derek Chauvin's trial, began closing arguments on Monday by describing in detail George Floyd's last moments — crying out for help and surrounded by strangers, as Chauvin pressed his knee into Floyd for nine minutes and 29 seconds.

Why it matters: The jury's verdict in Chauvin's murder trial, seen by advocates as one of the most crucial civil rights cases in decades, will reverberate across the country and have major implications in the fight for racial justice.

Go deeper (1 min. read)Arrow
Kendall Baker, author of Sports
4 hours ago - Sports

European soccer is at war

Liverpool celebrating its 2019 Champions League victory. Photo: Nigel Roddis/Getty Images

Europe's biggest soccer clubs have established The Super League, a new midweek tournament that would compete with — and threaten the very existence of — the Champions League.

Why it matters: This new league, set to start in 2023, "would bring about the most significant restructuring of elite European soccer since the 1950s, and could herald the largest transfer of wealth to a small set of teams in modern sports history," writes NYT's Tariq Panja.

Go deeper (1 min. read)Arrow
Dion Rabouin, author of Markets
4 hours ago - Economy & Business

2021's expected earnings blowout begins

JPMorgan CEO Jamie Dimon. Photo: Mark Kauzlarich/Bloomberg via Getty Images

First-quarter earnings so far have been very strong, outpacing even the rosy expectations from Wall Street and that's a trend that's expected to continue for all of 2021. S&P 500 companies are on pace for one of the best quarters of positive earnings surprises on record, according to FactSet.

Why it matters: The results show that not only has the earnings recession ended for U.S. companies, but firms are performing better than expected and the economy may be justifying all the hype.

Go deeper (1 min. read)Arrow