- ☝️ A volcano in northeastern Russia started to erupt on Saturday following a 7.0-magnitude earthquake in the region, creating an ash column up to five miles high; no early damage or injuries have been reported.
BUSINESS & MARKETS
in partnership with Beam
- 💰 US markets rose across the board on Friday, closing out their best week of the year (S&P: +0.2%; Dow: +0.2%; Nasdaq: +0.2%). | 🥇 Gold prices hit an all-time high in intraday trading on Friday. | 🥚 Egg prices are rising in large part due to supply squeezes from bird flu; prices rose 19.1% in July compared with the same month a year ago according to the latest inflation data.
- 🖐️ 17,000+ AT&T workers across the Southeast are on strike after accusing company management of “unfair labor practices” during recent contract negotiations.
- 🏥 Steward Health Care System, which filed for bankruptcy in May after losing hundreds of millions of dollars per year, paid at least $250 million to CEO Dr. Ralph de la Torre and his companies over the past four years (while he was the hospital chain’s majority owner); the saga has prompted a Senate investigation and subpoena for de la Torre to testify next month.
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SPORTS, MEDIA & ENTERTAINMENT
- 🚫📺 The launch of Venu Sports – a new $42.99/month sports streaming service from Disney, Fox, and Warner Bros. Discovery – was temporarily halted by a federal judge in response to an antitrust lawsuit from rival FuboTV; Venu Sports had reportedly planned to launch this month ahead of the NFL season. (Dive deeper: Venu’s pricepoint may prove a tough sell)
- 🍿 Marvel’s Deadpool & Wolverine surpassed Joker to become the highest-grossing R-rated movie in history; it’s earned $1.14 billion at the global box office as of Sunday. | 🏆 Eugene and Dan Levy were selected to host the 2024 Emmys, which take place September 15.
- 🏀 Indiana Fever guard Caitlin Clark set a new WNBA record for most assists as a rookie (232 and counting), with 12 games still left in the regular season. | 🥊 Mike Tyson says he’s “ready” to fight YouTuber-turned-boxer Jake Paul following a recent health scare; their match was previously postponed from July 20 to November 15.
SCIENCE, SPACE & EMERGING TECH
in partnership with Paleovalley
- 🌕 A rare “super blue moon” will rise in the sky tonight, marking the first of four supermoons this year.
- 🪪 California announced plans to allow residents to carry their driver’s licenses in their Apple or Google wallets. | 🚁 Walmart is closing its drone delivery hubs in three states to focus solely on perfecting its airborne package delivery service in the Dallas-Fort Worth area, per Axios.
- 🌎🏭 A wide range of clean energy startups aimed at powering planes, ships, and/or trucks with emissions-free fuel have recently collapsed or scaled back their ambitions; they include startups funded by United Airlines, Airbus, JetBlue, Chevron, BP, Shell, and other major companies.
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MISCELLANEOUS
- 🌀 Hurricane Ernesto made landfall in Bermuda on Saturday, with the territory avoiding major damage; Ernesto is expected to miss the US East Coast, but will bring high surf and life-threatening rip currents to the region over the next few days.
- 🏛️ Former Rep. George Santos, who was expelled from the House last December over ethical violations, will plead guilty to multiple counts in his federal fraud case, per several reports. | 🏜️ US Border Patrol encountered 56,400 unauthorized migrants at the southern border in July, marking the lowest monthly total since September 2020.
- 🚫🍗 Perdue Foods is recalling 167,000+ pounds of frozen chicken nuggets and tenders following customer reports of metal wire embedded in the products. | 🌐 National Public Data, a company that aggregates data to provide background checks, confirmed it suffered a massive breach involving Social Security numbers and other personal data on millions of Americans; cybersecurity firm Pentester created a tool to see if your info is in the breach. (Visit here)
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