Was this email forwarded to you? Sign up here. (Today's Smart Brevity count: 1,025 words, 4 minutes.)
- Amazon shares fell by as much as 9% in after-hours trading following the release of its earnings report, which showed weak forward guidance for the upcoming holiday season. (CNBC)
- Indonesian investigators blamed design flaws in the 737 MAX jet, ineffective U.S. regulators and pilot error for the Lion Air crash that left hundreds dead. (Bloomberg)
- Walmart, CVS and Rite Aid are removing all 22-ounce bottles of Johnson & Johnson’s baby powder following last week's recall of some bottles due to possible asbestos contamination. (Reuters)
- Next on “Axios on HBO”: An exclusive interview with Iraq’s President Barham Salih (sneak preview), the head of the IMF Kristalina Georgieva talks socialism and taxes, and Sen. Kamala Harris gives her take on 2020. Oh, and Felix Salmon and I debate the severity of the next recession.