Twitter Fact Checks Trump | Back-To-Work Bonus | Worst. Deal. Ever.

Plus: Amy Cooper Fired After Viral Central Park Video

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• Tesla Cuts Prices In North America And China By Up To 6% To Boost Sales Slump

• South Korea’s Spike In Coronavirus Cases Highlights Threat Of A Second Wave

• Dow Surges 500 Points As Investors Bet On A Coronavirus Vaccine Breakthrough

• Student Loan Borrowers Succeed In Lawsuit Against DeVos. Here are the details

Top Take-Aways

Amy Cooper was terminated “effective immediately” from her job at investment firm Franklin Templeton, following a storm of criticism over a viral video that showed the white woman calling the police on a black man who asked her to keep her dog leashed in Central Park.

The White House is weighing a proposal to provide unemployed workers who return to work an extra $450 a week on top of their wages, a possible unifying idea for Republicans in search of an alternative to the expanded unemployment program set to expire soon.

Twitter questions Donald Trump with a fact-check for the first time ever for posts the president wrote claiming mail-in ballots are wrought with fraud. MORE: Twitter billionaire Jack Dorsey is donating $10 million in cash to needy U.S. families. 

Billionaire Space Race: Elon Musk reaches out after Richard Branson’s Virgin Orbit fails to launch. MORE: How to watch today’s NASA-SpaceX ‘Launch America’ from home.

Six Flags will reopen its first park on June 5, requiring all attendees to wear masks and undergo temperature checks, making it one of the first major theme parks in the U.S. to reopen amid the coronavirus pandemic.

The NHL has officially unveiled an agreed 24-team playoff format for the return of the 2019-20 season. Questions remain on location and strategy of Covid-19 testing.

Stored in the attic for over 10 years (not a cupboard under the stairs), Harry Potter author J.K. Rowling will publish a new children’s book online. For free: “The Ickabog is a story about truth and the abuse of power.” 

Today's Must-Read

After Eric Baker was fired from StubHub, the ticketing giant he cofounded, he tried to even the score by raising $4 billion to buy it back—weeks before coronavirus utterly destroyed the business.

Success is nearly always a matter of some luck and good timing. In this case, Baker had neither. It’s rare that you can judge a deal within months of completion, but the verdict on this one is absolute: Baker’s purchase of StubHub will go down as one of the worst deals in history, closed just days before the pandemic eviscerated the live-events business.

“[It’s a] spectacular misfortune to have shelled out $4 billion four weeks before the entire industry locked down,” says a ticketing market consultant.

Baker closed the deal after the WHO had already labeled COVID-19 a global health emergency. Why? “Perhaps he was motivated, at least in part, by revenge, notes staff writer Noah Kirsch. “He had cofounded StubHub at Stanford Business School in 2000; then his cofounder kicked him out, so Baker secretively launched a rival firm called Viagogo in Europe. February’s acquisition was supposed to close the loop on his story—just not the way he wanted.” Read the full investigation here.

Across Forbes

Forbes Advisor: Two new Forbes Advisor surveys reveal how Americans think colleges should look in the near future—and if a change in learning conditions means a change in costs should follow.