The daily business briefing: July 10, 2018

Boris Johnson quits to protest May's "soft" Brexit plan, Trump's Supreme Court pick could be good for businesses, and more

Boris Johnson arrives at Downing Street
(Image credit: Dan Kitwood/Getty Images)

1. U.K. Foreign Secretary Boris Johnson quits over 'soft' Brexit plan

British Foreign Secretary Boris Johnson resigned on Monday in protest of Prime Minister Theresa May's approach to leading the U.K. out of the European Union. Johnson's departure came within 24 hours of the resignation of May's Brexit secretary, David Davis, who said May was tying Britain more closely to the EU than hardline conservatives want. "We are truly headed for the status of colony," Johnson said in his resignation letter. Britons voted two years ago to leave the trading bloc, but the negotiations on the terms of the change have proven more complicated than anticipated. Last week, May appeared to have brought her divided ministers in line behind her plan to keep the U.K. closely linked with the EU, but the resignations have thrown her government into disarray.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.