🍩 DONUT Holes

Thursday, Aug 31, 2023

Images: Cagatay Kenarli/Getty | Manuel Romano/NurPhoto | Frank Gunn/The Canadian Press

  • ☝️ A rare super blue moon was visible in the night sky across the world yesterday; this once-in-a-decade event is the combination of a supermoon – when a full moon occurs within a day of the moon’s closest point of orbit to Earth – and a blue moon, aka the second full moon in one month.

BUSINESS & MARKETS

  • 💰 US markets closed up across the board for the fourth straight day (S&P: +0.4%; Dow: +0.1%; Nasdaq: +0.5%).
  • 💳📈 Visa and Mastercard will reportedly start increasing the fees they charge merchants.
  • 🤔 Lego saw its revenue rise 1% during the first six months of this year; the privately held Danish toymaker’s results are a direct contrast to double-digit sales and revenue declines seen this year by competitors like Mattel, Hasbro, Funko, and Jakks Pacific.

SPORTS, MEDIA & ENTERTAINMENT

in partnership with Smartish

  • 📺 Warner Bros. Discovery named former NY Times CEO Mark Thompson as the new CEO and chairman of CNN.
  • 🚫🏴‍☠️ The NFL, NBA, and UFC are jointly asking the US government to require "instantaneous" takedowns of pirated livestreams; they’re also pushing for new laws requiring Internet service providers to block pirate websites.
  • 🏀 The first round of the FIBA Basketball World Cup has concluded; Team USA is among the 16 teams moving on to Round 2, which tips off tomorrow.

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SCIENCE, SPACE & EMERGING TECH

in partnership with Mud & Ink

  • 👃 Narcan, the opioid overdose antidote, will become available over the counter across the US starting next week; it comes in the form of a nasal spray at $49.99 per two doses.
  • 🔬⏳ Scientists at the University of Sydney were able to directly observe a key chemical reaction process for the first time.
  • 🍽️📱 Samsung launched a new AI-powered recipe app called ‘Food’ that can control users’ cooking appliances, create meal plans tailored to their needs, and suggest new recipes.

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MISCELLANEOUS

  • 🏞️ The Biden administration weakened regulations protecting millions of acres of US wetlands this week following a recent Supreme Court decision that limited the federal government’s jurisdiction.
  • 🌿 A top US health official wrote the DEA calling for marijuana to be reclassified as a Schedule III drug under the Controlled Substances Act; it’s currently classified as a Schedule I drug; cannabis stocks went up on the news. (Background)
  • 🏛️ Senate Majority Leader Mitch McConnell (R-KY) appeared to freeze in place for ~20 seconds at a press conference yesterday before being ushered away; Sen. McConnell returned shortly afterward and continued his news conference, telling reporters, “I’m fine”; it’s the second-such freezing incident involving Sen. McConnell this summer. (Background | From the Left | From the Center | From the Right)

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