Tip News Daily Brief

Your Daily Brief

March 20th, 2023

Good morning, and happy Monday! If you need some motivation to start off the week, check out the story of Antonio de la Rosa, a Spanish adventure athlete who set off to row alone from South America to Antarctica and made it as far as South Georgia when strong currents and wind gusts forced him to pivot. Sometimes things don’t go according to plan…but impossible is nothing, folks!

In Today’s Brief

Cyclone Freddy: Death toll passes 500
Wyoming: Outlaws abortion pills
Taylor Swift: Eras tour kicks off in AZ
Dollar Tree: No longer selling eggs

...and more

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Earthquake in Ecuador

A magnitude 6.8 earthquake that struck southern Ecuador over the weekend left at least 15 people dead and at least 380 injured.

According to the U.S. Geological Survey, the quake’s epicenter was off the Pacific Coast about 50 miles south of Guayaquil, Ecuador’s second-largest city. One of the victims was in Peru while the 14 others lost their lives in Ecuador. According to Ecuador’s presidential communications agency, at least 44 homes were destroyed while 90 more were damaged. Around 50 educational buildings and more than 30 health centers were also affected, and multiple roadways were blocked by landslides that the earthquake caused.

This weekend’s earthquake is the strongest to hit Ecuador since 2016, when over 650 people perished and over 16K were injured in a magnitude 7.8 quake that was centered offshore about 17 miles from the town of Muisne.

Frozen strawberries recall

Frozen organic strawberries sold at stores including Costco, Aldi, and Trader Joe’s have been recalled in the U.S. over a potential link to an outbreak of hepatitis A infections.

In a statement, the FDA said that the brands involved in the recall are Simply Nature, Vital Choice, Kirkland Signature, Made With, PCC Community Markets, and Trader Joe’s. The two companies that have issued voluntary recalls are California Splendor and Scenic Fruit Company. There have been five cases of Hepatitis A associated with the outbreak reported in Washington state since March 13th. All those people reported eating frozen organic strawberries, per the CDC, which said it determined that farms in Baja California, Mexico were the “likely source of this outbreak.”

Per the FDA, hepatitis A illness “usually occurs within 15 to 50 days after eating or drinking contaminated food or water,” and people may feel symptoms such as fatigue, nausea, vomiting, abdominal pain, jaundice, dark urine, and pale stool.

UBS & Credit Suisse

UBS Group yesterday agreed to acquire Credit Suisse for over $3B in an all-stock deal that Swiss regulators facilitated to restore trust in the banking system, according to multiple reports.

The offer from UBS is about 60% less than Credit Suisse’s market value as of Friday afternoon. As part of the deal terms, Credit Suisse shareholders will receive 1 UBS share for every 22.48 Credit Suisse shares they hold. Swiss regulators reportedly aimed to fast-track the deal before markets opened today. As an alternative to the UBS takeover, Swiss authorities were also reportedly considering full or partial nationalization of the bank.

Credit Suisse is one of the banks seen as “too big to fail,” with any deal potentially affecting global markets. The deal comes less than two weeks after the second and third-largest bank failures in U.S. history (Silicon Valley and Signature). Last week, Credit Suisse shares (NYSE: CS) saw their worst weekly decline since March 2020, losing a quarter of their value.

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Spring has sprung

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Around the Globe

Russian President Vladimir Putin visited Russian-occupied Mariupol during an unannounced trip over the weekend; it marks the Russian president’s first visit to an occupied Ukrainian territory since the beginning of the conflict in February 2022 (More)
The death toll from Cyclone Freddy in southeast Africa has risen to 522, according to authorities in Malawi, Mozambique, and Madagascar; per authorities in the three countries, the figure is expected to continue rising (More)
Former Taiwan President Ma Ying-jeou will visit China this month, according to a statement from his office; the upcoming visit would be the first time a former or current Taiwanese leader has visited China since the Republic of China government fled to the island in 1949 (More)

On the Homefront

Abortion pills will be prohibited in Wyoming starting in July, per a bill that Governor Mark Gordon signed; the bill makes Wyoming the first state to ban medication abortions separate from a ban on all abortion services (More)
Former President Donald Trump said he expects to be arrested tomorrow in a post on his social media platform Truth Social over the weekend (More)
TikTok CEO Shou Zi Chew will testify before Congress on Thursday and reportedly plans to tell the House Committee on Energy and Commerce that the video-based social media app now has 150M active users in the U.S. (More)

Glitz & Games

Opening night for Taylor Swift’s ‘Eras’ Tour breaks Madonna’s record for the most-attended concert headlined by a female solo artist in U.S. history, with an audience of over 70K in Glendale, AZ (More)
Princeton beat No. 7 seed Missouri in the second round of the NCAA men’s basketball tournament, becoming the fourth No. 15 seed to ever reach the Sweet 16 (More)
‘Shazam! Fury of the Gods’ from DC Studios & New Line Cinema earned $30.5M domestically during its opening weekend (More)

Business & Markets

Discount store chain Dollar Tree has pulled eggs from its shelves due to rising prices, according to a statement from the company (More)
Creditors of defunct biotech company Theranos have filed a lawsuit against the company’s convicted founder Elizabeth Holmes over an alleged $25M that she reportedly still owes them (More)
A ‘Saturday Night Live’ strike will be averted after postproduction workers reached a tentative agreement with NBCUniversal management; if approved by the bargaining unit, the new deal will reportedly improve compensation by up to 60% over the three years of the contract (More)

Tips & Tricks

Feel Good: Read about how two young travelers fell in love with Romania after accidentally booking flights to Bucharest instead of Budapest, where they had originally planned to travel
Sneak Peek: Watch the official trailer for BEEF, an upcoming A24 film starring Ali Wong and Steven Yuen as two strangers who set out to enact revenge on each other after a parking lot run-in leads to road rage
Bump This: Irish crooner Hozier is back with a new mysterious-sounding single called “Eat Your Young” - listen on Apple Music, Spotify, and YouTube
Chow Down: If you’re looking for an alternative to noodles, check out this recipe for garlic rosemary roast over baked spaghetti squash that’s full of vitamins B3, B5, and B6
Nerd Out: Read about scientists’ recent discovery of volcanic activity on Venus, why it matters, and how volcanic activity on that planet may be just as common as it is here on Earth
Hot Goss: Two months after they both parted ways with ABC News, former GMA3 co-anchors Amy Robach and T.J. Holmes were spotted running the New York City Half Marathon together over the weekend
Life Hack: Listening is an active process, and it’s hard to do while being mentally elsewhere during important conversations - here are some tips on how to be a better listener in your professional, platonic, and romantic relationships

Tip-Offs

The American designers you’ve probably never heard of.

Breaking down the reason why fish keep getting smaller.

See suspected space debris burning up above Sacramento.

…and NASA’s image of the volcano Maat Mons on Venus.

20 years after U.S. troops arrived, photos of everyday life in Iraq.

Learn how OpenAI’s GPT-4 works compared to GPT-3.

…and see last year’s World Nature Photography finalist photos.

Listing the ten most expensive U.S. states to retire in.

Looking Back…

On March 20th: The United East India Company is founded (1602); Harriet Beecher Stowe’s Uncle Tom’s Cabin is published in book form (1852); John Lennon marries Yoko Ono in Gibraltar (1969); television personality Fred Rogers is born (1928).

In partnership with annmarie

Time for renewal

Spring is the season of renewal, and your skin deserves a fresh start too! Annmarie Clean Skincare has got you covered with a huge discount on their bundle of best-selling products that cleanse, nourish, and protect your skin, giving you a radiant and glowing complexion for the new season.

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These wildcrafted products are organic and free from harmful chemicals. Welcome in the new season with the entire bundle for under $20 and free shipping!

Please support our sponsors!