US extends NAFTA negotiations for Canada, WPP names Sorrell’s replacement, and more top news

The news professionals are talking about now, curated by LinkedIn’s editors. Join the conversation on today's stories in the comments.

The White House says it will keep NAFTA renegotiations open for another 90 days in the hopes of including Canada in its three-way pact with Mexico. Trade Representative Robert E. Lighthizer’s statement comes as a U.S.-imposed deadline passed without a deal on issues such as Canadian protections for dairy farmers. Canada currently imposes tariffs of more than 200% on dairy imports that go above certain limits. • Here’s what people are saying.

Global advertising giant WPP announced that Mark Read will be replacing Martin Sorrell as the company's new CEO. Sorrell, who founded the firm in 1986, left the company in April over allegations of misconduct. The leadership turnover comes at a difficult time for WPP; last year was the company's worst financial year reported since 2009. Sorrell, meanwhile, has made a comeback in the advertising world, recently beating WPP in the purchase of Dutch ad firm MediaMonks with his new company, S4 Capital. • Here’s what people are saying.

One of Tesla’s 10 biggest investors, BlackRock, voted in June to replace Elon Musk with an independent chairman, according to an SEC filing. While the proposal was defeated, it shows significant support among shareholders for separating the chief executive and chairman roles at the electric-car maker, both held by Musk. The measure would not have affected his standing as CEO. • Here’s what people are saying.

California has passed a net neutrality bill viewed as the nation’s toughest. Lawmakers gave the green light to the bill — “the biggest pushback yet,” according to The New York Times, to the Trump administration abolishing regulations implemented under the Obama administration. Consumer groups support the rules which they claim aid consumers, while broadband providers argue they add to their costs. Net neutrality bills have been introduced by 30 states. • Here’s what people are saying.

College students are forgoing meals in order to pay for their textbooks, reports Axios. Around 71% of students borrowed money from their parents to buy their books, 41% skipped meals, and 31% took fewer classes. Buying textbooks is at least somewhat financially stressful for approximately 80% of students. While the price of recreational books has dropped 40% since 1982, the cost of textbooks has tripled. • Here’s what people are saying.

Idea of the Day: Before a job interview, why not record yourself as you practice answering questions, then watch to learn how you respond, advises Korn Ferry CEO Gary Burnison.

“You need responses that are punchy, crisp, compelling, and to the point. One-word answers are a disaster, but so is a filibuster. Keep it conversational. You can always elaborate when the interviewer asks a follow-up question.”

What's your take on today’s stories? Share your thoughts in the comments. 

— Carmel Melouney and Jessica Hartogs