What to know this morning: In 5 minutes or less

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Gov. Chris Christie, in His Own Words


1. New Jersey Gov. Chris Christie is returning to his alma mater to announce he's running for president of his country. Read more here.

2. The Greek economy is on the brink of collapse. After financial negotiations crumbled over the weekend, the country is now facing the prospect of default, economic ruin and a potentially catastrophic exit from the eurozone. Read more here.

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Financial impact of Greece crisis - global markets
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What to know this morning: In 5 minutes or less
Trader Gordon Charlop works on the floor of the New York Stock Exchange, Monday, June 29, 2015. Stocks closed with their biggest losses of the year as investors worry about fallout from Greece's worsening debt crisis. The Dow Jones industrial average dropped 350 points, or 2 percent, to 17,596. (AP Photo/Richard Drew)
Specialists Brian Fairbrother, left, and Russell Hewit work on the floor of the New York Stock Exchange, Monday, June 29, 2015. Stocks closed with their biggest losses of the year as investors worry about fallout from Greece's worsening debt crisis. The Dow Jones industrial average dropped 350 points, or 2 percent, to 17,596. (AP Photo/Richard Drew)
Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Monday, June 29, 2015. Stocks are falling in early trading in the U.S., but not as much as in Europe as Greece's debt woes deepen. (AP Photo/Richard Drew)
Trader Greg Mulligan works on the floor of the New York Stock Exchange, Monday, June 29, 2015. Stocks are falling in early trading in the U.S., but not as much as in Europe as Greece's debt woes deepen. (AP Photo/Richard Drew)
A specialist works at the post that trades National Bank of Greece, on the floor of the New York Stock Exchange, Monday, June 29, 2015. Anxious Greek pensioners swarmed closed bank branches Monday in the hope of getting their pensions, while queues formed at ATMs as they gradually began dispensing cash again following the imposition of strict controls on capital. (AP Photo/Richard Drew)
A screen above the trading floor of the New York Stock Exchange, shows the closing number for the Dow Jones industrial average, Monday, June 29, 2015. Stocks are closed with their biggest losses of the year as investors worry about fallout from Greece's worsening debt crisis. The Dow Jones industrial average dropped 350 points, or 2 percent, to 17,596. (AP Photo/Richard Drew)
A Malaysian men watch the trading board at a private stock market gallery in Kuala Lumpur, Malaysia, Monday, June 29, 2015. Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. (AP Photo/Vincent Thian)
Malaysian men watch the trading board at a private stock market gallery in Kuala Lumpur, Malaysia, Monday, June 29, 2015. Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. (AP Photo/Vincent Thian)
A Malaysian man watches a trading board at a private stock market gallery in Kuala Lumpur, Malaysia, Monday, June 29, 2015. Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. (AP Photo/Vincent Thian)
People walk past an electronic stock indicator of a securities firm in Tokyo, Monday, June 29, 2015. Global stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. Japan's Nikkei 225 shed 2.9 percent to 20,109.95. (AP Photo/Shizuo Kambayashi)
A Filipino trader talks on his mobile phone in front of an electronic board showing a downward trend in trading at the Philippine Stock Exchange in the financial district of Makati, south of Manila, Philippines on Monday, June 29, 2015. Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. (AP Photo/Aaron Favila)
A Filipino trader walks in front of an electronic board showing a downward trend in trading at the Philippine Stock Exchange in the financial district of Makati, south of Manila, Philippines, Monday, June 29, 2015. Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. (AP Photo/Aaron Favila)
A currency trader watches monitors at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Monday, June 29, 2015. Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. The Korea Composite Stock Price Index dropped 1.42 percent at 2,060.49. (AP Photo/Ahn Young-joon)
A currency trader covers his face with his hands at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Monday, June 29, 2015. Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. (AP Photo/Ahn Young-joon)
Currency traders work at the foreign exchange dealing room of the Korea Exchange Bank headquarters in Seoul, South Korea, Monday, June 29, 2015. Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. (AP Photo/Ahn Young-joon)
Customers waits in line outside a money changer in Kuala Lumpur, Malaysia, Monday, June 29, 2015. Global stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. (AP Photo/Vincent Thian)
People wait to cross a street in front of an electronic stock indicator of a securities firm in Tokyo, Monday, June 29, 2015. Global stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. Japan's Nikkei 225 shed 2.9 percent to 20,109.95. (AP Photo/Shizuo Kambayashi)
A pedestrian walks past an electronic stock board displaying the figure of the Nikkei 225 Stock Average, top right, outside a securities firm in Tokyo, Japan, on Monday, June 29, 2015. Japanese stocks fell and the yen strengthened as Greece moved to avert the collapse of its financial system after aid talks with creditors fell apart, raising the risk it could be forced to exit the euro zone. Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images
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3. A television company controlled by Mexican billionaire Carlos Slim has canceled a project with real estate developer and TV personality Donald Trump after his comments insulting Mexicans, Slim's spokesman said on Monday. Read more here.

4. The hardline Islamic State group has beheaded two women in Syria, the first time it has decapitated female civilians. Read more here.

5. One of the PGA's richest and most popular players, Phil Mickelson is now being tied to an illegal gambling operation. Read more here.

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Phil Mickelson throughout his career
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What to know this morning: In 5 minutes or less
CHARLOTTE, NC - MAY 14: Phil Mickelson yells four after teeing off on the 16th hole during round one at the Wells Fargo Championship at Quail Hollow Club on May 14, 2015 in Charlotte, North Carolina. (Photo by Jeff Gross/Getty Images)
Phil Mickelson watches the ball fly during a NCAA golfing event.
21 Feb 1993: Phil Mickelson lines up a putt during the 1993 Buick Invitational at the Torrey Pines Golf Course in Torrey Pines, California. Mandatory Credit: Gary Newkirk /Allsport
24 Feb 1995: Phil Mickelson looks on during the Nissan Los Angeles Open at the Riviera Country Club in Los Angeles, California.
27 Jan 1996: Phil Mickelson of the USA drives at the 17th hole during the final round of the Phoenix Open at the TPC of Scottsdale in Scottsdale, Arizona. Mickelson defeated Justin Leonard in a three-hole playoff. Mandatory Credit: Simon P. Barnett/Alls
9 Feb 1996: Golfer Phil Mickelson takes to the green during competition at the Buick Invitational at Torrey Pines Golf Course in La Jolla, CaliforniaCalifornia. Mickelson finished 17 under par for a 271. Davis Love III won the tournament by two strokes
8 Feb 1996: Phil Mickelson swings at the ball during the Buick Invitational in San Diego, California.
31 Jan 1998: Phil Mickelson during the AT&T National Pro-Am at Spyglass Golf Course in Pebble Beach, California. Mandatory Credit: Craig Jones /Allsport
23 Aug 1997: Phil Mickelson hugs Amy Mickelson at the NEC World Series of Golf at the Firestone Country Club in Akron, Ohio. Greg Norman went on to win the tournament.
10 Apr 1999: Phil Mickelson of the USA plays out the bunker during the 1999 US Masters at the Augusta National GC in Augusta, Georgia, USA. \ Mandatory Credit: Craig Jones /Allsport
18 Aug 2000: Phil Mickelson follows his drive during the PGA Championship, part of the PGA Tour at the Valhalla Golf Club in Louisville, Kentucky.Mandatory Credit: Andy Lyons /Allsport
25 Jan 2001: A silhouette of a golfer during the Phoenix open at the TPC Scottsdale in Scottsdale, Arizona.Mandatory Credit: Jon Ferrey /Allsport
8 Apr 2001: Phil Mickelson of the USA lines up a putt on the 4th green during the final day of the 2001 Masters at the Augusta National Golf Club, Augusta, GA, USA.....DIGITAL IMAGE. Mandatory Credit: Stephen Munday/ALLSPORT
15 Jun 2001: Phil Mickelson hits a long drive during the 101st US Open at the Southern Hills Country Club in Tulsa, Oklahoma.Mandatory Credit: Jamie Squire /Allsport
29 Nov 2001: Phil Mickelson plays golf at Whisper Rock, a course that he designed in Scottsdale, Arizona. Mandatory Credit: Scott Halleran/Getty Images
HILTON HEAD ISLAND, SC - APRIL 20: Phil Mickelson pulls a club during the third round of the WorldCom Classic at Harbour Town GL in Hilton Head Island, South Carolina on April 19, 2002. (Photo by Craig Jones/Getty Images)
GULLANE, SCOTLAND - JULY 16: Phil Mickelson of the USA waits to play his shot during the practice round for the 131st Open Championships at Muirfield Golf Club, Gullane, Scotland on July 16, 2002. (Photo by Andrew Redington/Getty Images)
THOMASTOWN - 19 SEPTEMBER: Phil Mickelson of the USA hits his approach to the second green during the first round of the World Golf Championships: American Express Championship at Mount Juliet Estate in Thomastown, Kilkenny, Ireland on September 19, 2002. (photo by Andrew Redington/Getty Images)
PUERTO VALLARTA, MEXICO - DECEMBER 14: (L-R) Phil Mickelson of USA celebrates his birdie on the 1st hole with David Toms of USA during the third round of the EMC World Cup at the Vista Vallarta Club de Golf on December 14, 2002 in Puerto Vallarta, Mexico. (Photo by Harry How/Getty Images)
OLYMPIA FIELDS, IL - JUNE 13: Phil Mickelson reacts to a missed putt during the second round of the 2003 US Open on the North Course at the Olympia Fields Country Club on June 13, 2003, Olympia Fields, Illinois. (Photo by Ross Kinnaird/Getty Images)
SANDWICH, ENGLAND - JULY 17: Phil Mickelson of the USA plays out from a bunker on the 16th hole during the first round of the Open Championship at the Royal St George's course on July 17, 2003 in Sandwich, England. (Photo by Ross Kinnaird/Getty Images)
AUGUSTA, UNITED STATES: Phil Mickelson (L) of the US receives the green jacket from 2003 Champion Mike Weir (R) of Canada at the awards ceremony after Mickelson made the birdie putt the 18th green during the final round of the Masters Golf Tournament 11 April 2004 at Augusta National Golf Club in Augusta, GA. Mickelson won the tournament at nine under par. AFP PHOTO/Timothy A. CLARY (Photo credit should read TIMOTHY A. CLARY/AFP/Getty Images)
Phil Mickelson checks the wind at Whistling Straits, site of the 86th PGA Championship in Haven, Wisconsin August 12, 2004. (Photo by A. Messerschmidt/Getty Images)
UNITED STATES - FEBRUARY 13: Phil Mickelson during the final round of the 2005 AT&T Pebble Beach National Pro-Am at Pebble Beach Golf Club in Pebble Beach, California on February 13, 2005. Mickelson won the event by four strokes at -19 par. (Photo by Mike Ehrmann/Getty Images)
MAMARONECK, NY - JUNE 15: Phil Mickelson hits a tee shot on the 15th hole during the first round of the 2006 US Open Championship at Winged Foot Golf Club on June 15, 2006 in Mamaroneck, New York. (Photo by Nick Laham/Getty Images)
AUGUSTA, GA - APRIL 09: Phil Mickelson is presented the green jacket by Tiger Woods after his 7-under par victory during the Final Round of The Masters at the Augusta National Golf Club on April 9, 2006 in Augusta, Georgia. (Photo by Getty Images)
STRAFFAN, IRELAND - AUGUST 28: Phil Mickelson of the USA speaks to the press during a USA Team Practice prior to the 2006 Ryder Cup at The K Club on August 28, 2006 in Straffan, Co. Kildare, Ireland. (Photo by Ian Walton/Getty Images)
PONTE VEDRA BEACH, FL - MAY 13: Phil Mickelson of the USA holds the trophy after the final round of THE PLAYERS held on the Stadium Course at The TPC Sawgrass, on May 13, 2007 in Ponte Vedra Beach, Florida. (Photo by David Cannon/Getty Images)
SINGAPORE - NOVEMBER 15: Phil Mickelson of USA in action during the 3rd round of the Barclays Singapore Open at Sentosa Golf Club on November 15, 2008 in Singapore. (Photo by Ian Walton/Getty Images)
Defending champion Phil Mickelson walks to a tee box during the Pro-Am round of the Northern Trust Open golf tournament at Riviera Country Club in the Pacific Palisades area of Los Angeles on Wednesday, Feb. 3, 2010. (AP Photo/Reed Saxon)
Former Master's champion Angel Cabrera, left, of Argentina helps Phil Mickelson put on his Masters jacket after his win at the 2010 Masters golf tournament in Augusta, Ga., Sunday, April 11, 2010. (AP Photo/Morry Gash)
Phil Mickelson watches his tee shot on the fifth hole during the first round at the BMW Championship golf tournament on Thursday, Sept. 15, 2011, in Lemont, Ill. (AP Photo/Nam Y. Huh)
U.S. team's Phil Mickelson hits from a bunker off the 16th green during the Presidents Cup golf tournament at Royal Melbourne Golf Course in Melbourne, Australia, Sunday, Nov. 20, 2011. (AP Photo/David Callow)
Phil Mickelson waits his turn to tee off on the fifth tee box during the final round of the Wells Fargo Championship at Quail Hollow Club in Charlotte, N.C., Sunday, May 6, 2012. (AP Photo/Bob Leverone)
US golf player Phil Mickelson smiles during a press conference in Kuala Lumpur, Wednesday, Oct. 23, 2013. The Malaysia PGA Golf Tournament will begin Oct 24 at Kuala Lumpur Golf & Country Club. (AP Photo/Vincent Thian)
Golfer Phil Mickelson, center, arrives at an event honoring the 2013 Presidents Cup team during a ceremony in the East Room of the White House, Tuesday, June 24, 2014 in Washington. The U.S. team beat an international squad during the Presidents Cup matches in October 2013. (AP Photo/Jacquelyn Martin)
Phil Mickelson hits a shot on the 15th hole during a practice round for The Memorial golf tournament, Wednesday, June 3, 2015, in Dublin, Ohio. (AP Photo/Jay LaPrete)
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