| Greetings, Quicktake readers! This week, landmark rulings deliver a jolt of reality to the world's largest oil companies. Plus: Will the Tokyo Olympics happen in 2021? Stream now for free.  Big Oil's climate change takedownThree of the world's largest oil companies are under pressure on both sides of the Atlantic to take responsibility for their role in climate change. This week, Shell was ordered by a Dutch court to slash emissions by 45% by 2030, while Chevron shareholders voted to compel the company to cut pollution by its customers. Exxon shareholders also dealt a blow to the company's management by electing at least two board members from a tiny hedge fund who vowed to steer the company away from oil and gas. The events mark a rude awakening for Big Oil and reflect a broader recognition among activist investors of the climate movement's mainstream acceptance among consumers—as well as a push to keep raising the bar on the industry. What to watch if...you agree rules are there for a reason. U.S. pipeline operators must report cyberattacks to the Department of Homeland Security—or face fines of $7,000 a day or more—under new rules in response to the Colonial Pipeline hack earlier this month. ...you're wondering where the 1% settles down. Money is sloshing around Singapore like never before. As the pandemic hammers Southeast Asia and political turmoil threatens Hong Kong, the city has become a safe harbor for the super-rich. ...you want to help. Congo's Mount Nyiragongo volcano erupted for the first time in nearly two decades this week to disastrous effects. Authorities warned it could happen again. Thousands of villagers are now fleeing to Rwanda, setting up a humanitarian crisis.  Episodes to binge watch nowOne question, answeredIs Tokyo 2020 still happening? Organizers for the Summer Olympics still aren't considering canceling, despite a U.S. travel advisory over Japan's Covid crisis and intense heat warnings that could harm athletes. In the country, most residents are wary of the July 23 games, and a top physician says the event may risk the spread of variants and trigger a "new disaster."  We want to knowAre cicadas bugging you? The red-eyed flying insects are reemerging in the eastern and midwestern U.S. after 17 years underground to split their exoskeletons and begin a very loud mating process. For those with insect phobias, it can mean fear and anxiety. But there are ways to cope.  Our favorites of the weekWe launched a 24/7 streaming network to reinvent news with live global coverage and original shows on business, tech, politics and culture. Make sense of the biggest stories changing your business and your world. Stream now for free. | 
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