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Democrat Graham Platner coasts to victory in Maine, teeing up a crucial Senate contest against Susan Collins.
Plus, GM follows Ford with a pivot into energy storage, and regulators try to get a grip on prediction markets.
The CFTC is going to take a pretty hard line on contracts on war, terrorism,
or assassination because of the perverse incentives that those could create.
It's Wednesday, June 10th.
I'm Luke Vargas for The Wall Street Journal,
and here is the AM edition of What's News, the top headlines and business stories moving your world today.
We begin in Maine, where Democrats have selected political newcomer Graham Platner
as their nominee to take on Republican Senator Susan Collins in November.
"If you believe, as I do, that we can change our politics and change our country,
then you must also believe that people can change." Our D.C. Coverage chief,
Damian Paletta, says that Democratic leadership now needs to weigh whether Platner's
populist appeal outweighs controversies surrounding his social media posts and relationships with women.
Graham Platner's victory Tuesday night in Maine is just the beginning for him.
Now he has to take on Susan Collins, one of the most unbeatable Republicans on the planet.
And campaigned against her for five months.
One of the big questions Democrats are going to have to face is whether