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It’s time for global cooperation on the climate crisis, Covid-19 and other urgent issues, Joe Biden proclaimed in his United Nations debut as U.S. president. His speech at Tuesday’s General Assembly meeting in New York aimed to shore up international alliances shaken by the deadly retreat from Afghanistan and the blindsiding of France with a secret Australian submarine deal. China’s Xi Jinping used his appearance (via prerecorded video) to announce his country would stop building coal-fired power plants abroad. Margaret Sutherlin

Bloomberg is tracking the coronavirus pandemic and the progress of global vaccination efforts.

Here are today’s top stories

Cash-strapped Chinese developer Evergrande missed payments to at least two banks on Monday, though contagion fears seem to have subsided. Investors are now turning to Wednesday’s Fed announcement and an expected decision move on tapering. Here’s your markets wrap.

The question has gone unanswered for months: Just who are the Goldman Sachs bankers who complained so much about life on the lower rungs during Covid that the firm—and its rivals—doled out raises to rookies

It was another big day in M&A. U.S. Bancorp ended years of speculation with its $8 billion acquisition of MUFG Union Bank, joining a wave of consolidation sweeping regional institutions. Also, DraftKings made a cash and stock offer to buy U.K. gambling company Entain.

Netflix may have found the golden ticket. The company is in talks to acquire the entire Roald Dahl catalog, the beloved children’s author behind “Charlie and the Chocolate Factory.” An acquisition is a rare event for Netflix (the company has made fewer than 10 in the past decade) and this would be its biggest

British novelist Roald Dahl  Photographer: Ronald Dumont/Daily Express/Getty Images

A booster dose of Johnson & Johnson’s one-shot vaccine provided 100% protection against severe disease, according to the company. U.S. regulators could decide by Wednesday on a recommendation for whether a Pfizer-BioNTech booster shot is a good idea for people over 65. The White House plans to donate another 500 million doses to needy countries as much of the world remains unvaccinated. Here’s the latest on the pandemic.

Democrats are pushing to suspend the debt-limit to the end of 2022 with a resolution that Republicans (and some progressives) vowed to block. 

Devastating forest fires in the Mediterranean basin, North America and Siberia resulted in the highest level of carbon emissions from wildfires ever recorded during summer in the Northern Hemisphere.

A U.S. Forest Service worker takes photos of the Tamarack Fire in Markleeville, California, in July. Photographer: David Odisho/Bloomberg

What you’ll need to know tomorrow 

  • Canada’s Justin Trudeau won re-election, but fell short of a majority.
  • U.S. probes border employees on horseback attacking migrants.
  • Disney said Covid is slowing down production: Its shares tanked.
  • The Big Take: These are the metals fueling the energy revolution
  • The Blizzard executive overseeing a hit video game heads for the exit.
  • Companies aren’t just struggling to hire: they can’t even keep workers.
  • Businessweek: In Amazon’s warehouses, algorithms run the show

Restaurants Are Desperate for Outdoor Dining 

A proposed change in New York City zoning laws would make street-side dining during the pandemic a permanent fixture after its over. If it doesn’t, restaurateurs fear losing not only on investments in tricked-out outdoor dining spaces ($180,000 for one spot in SoHo), but their whole business. 

Lola Taverna restaurant in New York Photographer: Gabby Jones/Bloomberg

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