BUSINESS & MARKETS
in partnership with NoNetz
- 💰 US markets rose across the board (S&P: +0.4%; Dow: +0.004%; Nasdaq: +0.4%); the S&P and Dow closed at record highs. | 🚢 ~45,000 dock workers on the East and Gulf Coasts are officially on strike.
- 📺 DirecTV is buying Dish Network for $1 plus the assumption of ~$9.75 billion in debt; the deal creates the largest US TV provider, with ~20 million subscribers; private equity firm TPG will own the combined company.
- ✂️ Stellantis cut its full-year earnings guidance; becomes the latest automaker to warn of an increasingly tough car market. | 🚘🔌 Ford launched a program designed to help it boost EV sales through the end of the year; it includes free home-charging installation among other benefits.
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SPORTS, MEDIA & ENTERTAINMENT
- ⚾ The Braves and Mets split a storm-delayed doubleheader yesterday, granting both teams a spot in the MLB playoffs and eliminating the Diamondbacks; MLB Wild Card action starts today. | 🙏 Pete Rose, the MLB all-time hits leader who was banned from the sport for gambling, passed away at the age of 83. | 🙏 Dikembe Mutombo, the shot-blocking Hall of Fame NBA center also known for his humanitarian work, passed away from brain cancer at the age of 58.
- 🎭 TikTok star Charli D’Amelio is making her Broadway debut in the jukebox musical & Juliet. | 🎤🏟️ Oasis announced its North American reunion tour dates; all five shows are scheduled for August and September 2025, with Cage the Elephant as the opening band.
- 📺 CNN is starting to finance and release documentaries once again, after backing away from the genre two years ago.
SCIENCE, SPACE & EMERGING TECH
in partnership with Xero Shoes
- 🪵 Burying unusable wood can help fight climate change, according to a new study; researchers found a 3,800-year-old log retained at least 95% of its CO2 after being buried in clay soil for millennia.
- 🏭☢️ The Energy Department finalized a $1.5 billion loan to help restart a nuclear plant in Michigan; it would mark the first American nuclear plant ever to be restarted.
- ☀️🌕 A “ring of fire” solar eclipse will be visible from parts of the Southern Hemisphere tomorrow.
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MISCELLANEOUS
- 🎓🙅 California banned the use of legacy and donor preferences when considering students for admission at all private and nonprofit universities; the new law, which applies to schools like Stanford, CalTech, and USC starting next September, makes California the fourth state to ban legacy admissions. | 🎓💰 The Education Department extended the deadline for its Fresh Start program for defaulted student loan borrowers until Wednesday morning.
- ⚖️ The 58-year-old man charged with attempting to assassinate former President Trump at his golf course last month pleaded not guilty and requested a trial by jury.
- 🏥⚖️ A Georgia judge overturned the state’s ban on abortion after six weeks of pregnancy; the ruling means abortion in the state is now legal up to 22 weeks of pregnancy; Georgia’s attorney general has pledged to appeal the ruling. (From the Left | From the Center | From the Right)
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