Connect with us

Morning Scoop

Tuesday Scoop: Riding a Harley to Europe

Plus, other really American things.

Published

on

Welcome to the Morning Scoop for June 26, 2018. The symbol of all-American freedom actually relies heavily on European goods, so results of the ongoing trade war have severely impacted the way we ride. Speaking of American products, we also have some news about corrupt banking and medical marijuana. 

Yesterday, our team wrote about FrankensteinKanye and college physicians, because they’re diverse like that. 

Harley Rides Away With Increased Tariffs

Coming to a foreign country near you. (Image: Flickr)

Iconic motorcycle maker Harley Davidson is shifting production of some of its bikes out of the US to avoid retaliatory tariffs imposed by the European Union. The EU hit back in response to President Trump’s move to increase tariffs on steel and aluminum coming from Europe.

The EU levied tariffs on nearly $3.2 billion worth of American goods, including motorcycles, orange juice, bourbon, peanut butter, motorboats, cigarettes and denim. Harley announced that they stood to lose $100 million dollars in business if they didn’t shift production.

The motorcycle tariff went from 6 percent to 31 percent, which Harley estimated would make each bike about $2,200 more expensive to export. The company does plan to raise the price for consumers.

President Trump went after Harley in a series of tweets early this morning, and swore that the company will never leave the U.S., lest they face serious threats. He tweeted, “A Harley-Davidson should never be built in another country-never! Their employees and customers are already very angry at them. If they move, watch, it will be the beginning of the end – they surrendered, they quit! The Aura will be gone and they will be taxed like never before!”


Wells Fargo Accused of Misconduct (Again)

Wells Fargo is being accused of misconduct again, this time due to its alleged use of complex financial investments to take advantage of mom-and-pop investors.

CNN reports, “The Securities and Exchange Commission said on Monday that between 2009 and 2013, Wells Fargo reaped large fees by ‘improperly encouraging’ brokerage clients to actively trade high-fee debt products that were intended to be held to maturity.”

For the last two years, Wells Fargo has been caught up in a series of scandals over how the bank has treated its account holders, employees and borrowers.


First Marijuana Plant-Based Drug for Epilepsy Approved

The Food and Drug Administration (FDA) approved a prescription medicine yesterday to treat rare and severe forms of epilepsy. The drug, Epidiolex, is derived from the marijuana plant, but doesn’t contain THC, the element that provides the high that is the central appeal for most pot users.

FDA Commissioner Dr. Scott Gottlieb made it clear in a statement that this does not signal approval of marijuana, rather an acknowledgement of the success of CBD use in clinical trials. Furthermore, Dr. Gottlieb stated that those who continue to push unapproved medication will be punished accordingly, since this prevents patients from receiving safe and acceptable pharmaceutical care.


Today in a Tweet: Primary Election Day!

Today marks primary elections in New York, Maryland, Colorado, Oklahoma and Utah. This is also a public service announcement to head to the polls!


Last But Not Least: iOS 12 Beta Has Arrived

iPhone users rejoice! The latest iOS has been released for public beta, and users are into it. Besides fixing many bugs in the iOS 11 system, Apple has built some cool new features, including setting screen time limits, group FaceTime conversations, and Memoji. Similar to Snapchat’s use of Bitmoji, Apple’s Memoji allows iPhone users to create an emoji replica of their face and send it out, although this is limited in conversation to iPhone X users.

The full launch of iOS 12 is set for September.


Tuesday’s Morning Scoop was made possible by Nicole KitchensCarla LoebensteinKelly Granger, and the CMN staff. We swear we invented Memoji, we’ve been using it for months (see below). We should sue Apple.

Are you looking for digital journalism training and experience? Are you a journalism major who wants to take your career to the next level? CMN’s Digital Journalism course gives you real-time experience, intense feedback on your writing, exposure to journalism influencers and mentors, and a great place to display your work. You can get academic credit too. Check out the Digital Journalism Course here.

We dropped two mixtapes in six months. And we take the news very seriously.

Sign up for the Morning Scoop

and wake up with us each day.

CMN Reports

Academics2 days ago

38 North Carolina Colleges are Waiving Their Application Fees

North Carolina doesn't sound half bad.

by , U. Alabama Birmingham
2018 Midterms2 days ago

Barack Obama Urges Young Americans to Head to the Polls This November

There's no good excuse not to vote.

by , U. Alabama Birmingham
Business3 days ago

Microsoft Co-Founder and Seattle Area Sports Owner Paul Allen Dead at 65 From Cancer

The technology giant passed away after his cancer returned.

by , The Catholic American University
In the Hot Seat4 days ago

Judge Tosses Stormy Daniels Defamation Lawsuit Against Donald Trump

This dismissal may not be the end, according to Daniels' attorney.

by , CMN Senior Correspondent
2018 Midterms2 weeks ago

Bernie Sanders Literally Saved Someone from a Possible Car Accident in Washington, D.C.

Bernie Sanders helps a young musician and law student from a possible car accident.

by , The Catholic American University
Government2 weeks ago

Analysis: the Ford-Kavanaugh Hearing

The Ford-Kavanaugh hearing was in full force with a tearful testimony from both parties.

by , Mercy College
Free Speech2 weeks ago

Amy Schumer and Emily Ratajkowski Amongst Many Arrested at Capitol Hill ‘No Kavanaugh’ Protest

The final vote on Kavanaugh could come as early as this weekend, and these women are not backing down.

by , CMN Senior Correspondent
National News2 weeks ago

Confusion At Skatepark Leads to Arrests

Distrust with Law Enforcement creates a worse situation

by , Fisher College

Top Reads