🏋🏽‍♂️ Crossfit loses Reebok, China’s new diplomacy, Banksy’s protest piece

Good morning, Quartz readers! Reebok is ending its relationship with Crossfit. The fitness company’s CEO Greg Glassman replied “FLOYD-19” to a tweet that called racism a public health issue—which it is, by the way—and then said his comment [Quartz]( Sponsored by Good morning, Quartz readers! Here’s what you need to know Reebok is ending its relationship with Crossfit. [The fitness company’s CEO Greg Glassman replied]( “FLOYD-19” to a tweet that called racism a public health issue—[which it is, by the way]( then said his comment was “not racist.” The Boston-based apparel firm’s 10-year deal with Crossfit expires this year, and now won’t be renewed. Minneapolis’ city council wants to “dismantle” its police department. The council president, Lisa Bender, said that she and eight of the other 11 members are making a commitment “[to end policing as we know it]( but the city’s [mayor Jacob Frey does not support]( the idea. Meanwhile, New York city mayor Bill de Blasio said [he’d reduce funding for the NYPD](. The New York Times’ opinion page editor resigned. James Bennet was under pressure following the publication of a piece by a Republican senator that called for military action against protesters. “Both of us concluded that James would not be able to lead the team through the next leg of change that is required,” [said Times chairman Arthur Sulzberger](. Protesters in Europe targeted statues. In Belgium, they [went for King Leopold II]( because of his brutal colonial policies in Africa, while in the UK, they pulled slave trader Edward Colston down off his pedestal and [threw him into the harbor](. The Week Ahead Monday: New York City [begins to reopen](. The Federal Reserve of New York releases its monthly survey of consumer expectations. Tuesday: George Floyd is [laid to rest](. Morgan Stanley hosts a virtual financial services conference. The US bureau of labor statistics releases April’s job openings and labor turnover survey (JOLTS). Wednesday: The US Fed concludes a [two-day meeting of its open markets committee]( with a news conference by chair Jerome Powell. The US releases consumer price index numbers, and Brazil announces inflation data. Thursday: [NetEase lists]( on the Hong Kong stock exchange. Spain’s [top soccer league resumes](. Toyota holds a [virtual shareholders meeting](. Friday: US import price data is released. California [resumes]( film, TV, and music production. Charting online commerce Amazon isn’t the only e-commerce company that’s thriving. Its shares have climbed more than 30% this year but some online retailers are faring even better. E-commerce companies outperforming Amazon. Shares of Wayfair, the online furniture and home goods seller, have doubled in price in 2020. Etsy, a platform that specializes in handmade products,[said its marketplace grew 100%]( in April, and its stock has gained more than 90%. “One big driver of the strong growth in April was fabric face masks,” Etsy CEO Joshua Silverman said in an earnings call on June 2. Chewy, an online company for pet products, has jumped about 75% this year, while US shares for Chinese e-commerce giant JD.com have rallied about 60%. Sponsor content by WeWork What will be our new normal in the workplace? This question is top of mind at WeWork. From buffered seating to enhanced sanitization, they’re adapting their spaces to make sure that teams can continue coming to work safely and smartly. Read more about [WeWork’s changes](. For Quartz members: China is hungry like the wolf David Huang for Quartz “Wolf Warrior” diplomacy refers to a more aggressive approach to international relations by some members of the Chinese diplomatic corps. It takes its name from a 2015 Chinese action movie. The 2017 sequel, [Wolf Warrior II]( depicts a muscle-bound Chinese former special-forces soldier who saves his compatriots and African locals from US-led mercenaries. The movie is [unabashedly patriotic in tone]( as captured by its tagline: “Whoever attacks China will be killed no matter how far the target is.” Read more about how this aggressive new diplomacy is underpinning China’s changing influence in this week’s [member-exclusive field guide](. ✦ To gain access to all the[stories]( guides]( and more that is available exclusively to Quartz members, try a[seven-day free trial](. ✦ Quartz announcement You seem like an influencer. How about using your power for good? By referring new readers to the Quartz Daily Brief, you can support our journalism directly. And over the next two weeks, we’ll be randomly selecting one reader who refers a friend to receive a pair of Bose noise-cancelling headphones. What do you think? [I'm in!]( Surprising discoveries A long treasure hunt in the Rocky Mountains came to an end. A bronze chest [filled with gold and jewels]( hidden over a decade ago by a famous art collector, was finally found in the wilderness. Archaeologists discovered a massive ancient Mayan structure. The 1,400-meter-long (0.86 mile) construction used for astronomical observations is the[largest and oldest]( found. Banksy unveiled new artwork in support of Black Lives Matter. [The piece by the anonymous artist]( depicts a framed black figure, with an American flag being lit on fire by a candle. Deep sea creatures build homes out of their own snot. Scientists previously thought that [the intricate structures made of mucus]( by giant larvaceans were the animals themselves. Black holes spit out energy, too. As the collapsed stars suck in any matter that comes near them, they also [squirt out hot, electrified gas]( unlike soap bubbles. Our best wishes for a productive day. Please send any news, comments, treasure chests, and snotty sea creatures to hi@qz.com. Get the most out of Quartz by[downloading our app]( on iOS or Android and [becoming a member](. Today’s Daily Brief was brought to you by Hasit Shah, Marc Bain, John Detrixhe, Katherine Ellen Foley, and Oliver Staley. [facebook]( [twitter]( [external-link]( Enjoying Quartz Daily Brief? Forward it to a friend! They can [click here]( to sign up. If you’re looking to unsubscribe, [click here](. Quartz | 675 Avenue of the Americas, 4th Fl | New York, NY 10011 | United States Copyright © 2020 Quartz, All rights reserved.