BUSINESS & MARKETS
in partnership with The Cold Life
- 💰 US markets closed up across the board (S&P: +0.3%; Dow: +0.2%; Nasdaq: +0.2%); both the S&P and Nasdaq ended the day at new record highs. | 🤑 See the highest-paid CEOs of 2023.
- 🎯 Target is lowering prices on 5,000 frequently shopped items in a bid to attract more customers. | 🐭 Disney’s Pixar is laying off ~14% of its workforce, or ~175 employees.
- ⛽ The Biden Administration is releasing 1 million barrels of gas from a Northeast reserve in a bid to lower prices at the pump; for context, the US used 8.9 million barrels of gas per day in 2023.
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SPORTS, MEDIA & ENTERTAINMENT
- 🏀 Indiana Fever guard Caitlin Clark signed a multi-year partnership with Wilson to launch her own signature basketball collection, becoming the first athlete since Michael Jordan to do so. | 🏈💰 Jaden Rashada, a former 5-star QB recruit, filed a first-of-its-kind lawsuit accusing Florida’s head football coach and a school booster of fraudulently promising ~$14 million to lure him away from Miami (where he had a $9.5 million offer).
- 🕵️ The DEA and LAPD are reportedly investigating how Friends star Matthew Perry received a ketamine prescription; Perry was found dead last October, with an autopsy revealing high ketamine levels in his blood.
- 📺 Comcast's new streaming bundle, which packages Peacock with Netflix and Apple TV+, will cost $15/month for all Xfinity internet and TV customers (a 30+% discount).
SCIENCE, SPACE & EMERGING TECH
in partnership with 120/Life
- 🥤 University of New Mexico scientists discovered microplastics in the testicular tissue of every human and dog they sampled.
- 🩸 A new HIV vaccine was able to trigger rare neutralizing antibodies in human patients for the first time, per a new study published in Cell.
- 🐟💊 Regular fish oil supplements could increase the risk of heart disease and stroke in people with no prior cardiovascular issues – though it appears to help reduce mortality for those with existing conditions, per a new study.
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MISCELLANEOUS
- ✈️ A Singapore Airlines flight from London was diverted after a UK national died and dozens more were injured due to “sudden extreme turbulence.”
- 🇺🇦 Ukrainian President Volodymyr Zelensky sat for a pair of extended interviews with Reuters and the New York Times this week.
- 🗽 Former President Trump’s defense lawyers in his New York criminal hush-money trial rested their case yesterday, with Trump opting not to testify; closing arguments are scheduled for May 28, after which jury deliberations will begin. (Read more)
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