Your Daily Brief

August 8th, 2022

Good morning, and welcome to your Monday! A lot went down over the weekend, including a Jiu-Jitsu world champion getting shot in a Brazilian nightclub, Amazon announcing a $1.7 billion dollar deal to buy the company that makes Roombas, and more. Here’s what we have for you:

In Today’s Brief

  • Leandro Lo: Eight-time Brazilian Jiu-Jitsu world champion shot in Sao Paulo nightclub
  • Lake Mead: Human remains discovered for the fourth time since May amid lowering water levels
  • Sir Nicholas Faldo: Retires from broadcasting golf for CBS after 16 years
  • Amazon: Buying Roomba maker iRobot for $1.7 billion
  • Kim Kardashian: Splits from Pete Davidson after 9 months of dating
  • Top Tips: Senate votes to pass the $430 billion Inflation Reduction Act; Israel and Palestinian group Islamic Jihad agree to a truce mediated by Cairo; the United States saw more than 1,500 flight cancellations this weekend

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Senate passes $430 billion climate, healthcare, and tax bill

The Senate voted 51-50 yesterday to pass a $430 billion bill that addresses tax code reform, steps on climate action, and the cost of prescription drugs.

The 755-page bill, called the Inflation Reduction Act, aims to reduce carbon emissions and shift consumers to renewable energy, while cutting prescription drug costs for the elderly and tightening enforcement on taxes for corporations. Originally deadlocked at a 50-50 vote in the Senate, Vice President Kamala Harris cast the tie-breaking vote in favor of passing the bill on Saturday evening. Following Harris’ vote, the bill was passed after Senators engaged in an amendment process that lasted from Saturday night through Sunday afternoon.

The House of Representatives is expected to vote on the legislation Friday of this week. In a statement following the Senate’s vote, President Biden said, “The House should pass this as soon as possible,” and added that he looks forward to signing the bill into law.

Israel and Palestinian group Islamic Jihad agree to a cease-fire in Gaza

After three days of cross-border fighting in Gaza that has left at least 44 people dead, Israel and Palestinian militant group Islamic Jihad have agreed to a cease-fire.

The truce, mediated by Cairo, comes after Israel began launching what the nation called “pre-emptive strikes” against what it believed would be retaliatory rocket attacks from Islamic Jihad following the arrest of Bassam al-Saadi–a leader of the group–in the occupied West Bank. In response, Islamic Jihad fired hundreds of missiles back at Israel and extended its range to fire toward Jerusalem. However, Israel said that its Iron Dome Interceptor shot down the missiles west of the city.

According to local health officials, over 300 individuals have been wounded on top of those who died in the attacks. In terms of casualties, it is the most serious flare-up between the two states since an 11-day conflict in May 2021 which left over 200 Palestinians and a dozen Israelis dead.

Over 1,500 flights were canceled across the United States this weekend

More than 1,500 flights were canceled in the United States this weekend with several thousand others delayed across the country. 

According to the website FlightAware, which tracks flights in real-time, airline carriers canceled over 850 and delayed more than 4,040 flights into, within, or out of the United States on Sunday. On Saturday, airlines canceled 657 and delayed 7,267 flights traveling to, from, and within the United States. Data from FlightAware also shows that Chicago’s O’Hare Airport experienced the largest amount of cancellations and delays on Sunday, with 142 flights canceled and about 42% of its total flights delayed.

Thunderstorms along the East Coast contributed to the bulk of this weekend’s cancellations and delays, which came less than one week after the Department of Transportation announced it would consider extending the circumstances for which passengers can receive refunds in the event of travel disruptions.

Around the Globe

  • Brazilian eight-time world Jiu Jitsu champion Leandro Lo was shot in the head at a nightclub in Sao Paulo and pronounced brain dead after being taken to the hospital, according to his family lawyer
  • London’s Horniman museum agreed to return 72 artifacts to the Nigerian government after a unanimous vote from its board of trustees; it is the first government-funded institution to return treasures looted by British forces from Benin city in 1897
  • At least 80,000 tourists have been left stranded on the island resort of Sanya–known as “China’s Hawaii”–from a city-imposed lockdown after more than 800 Covid-19 cases were reported there over the past week

On the Homefront

  • A federal judge ordered a former dean at a Boston high school to pay $10 million in damages to a student he was convicted of trying to kill in a dispute over drug sales
  • President Biden was cleared for travel and has reentered the public after testing negative for the second day in a row following his rebound Covid-19 positivity
  • More human remains were discovered in Lake Mead east of Las Vegas, according to local authorities; it is the fourth time since May that remains have been uncovered in the lake amid lowering water levels due to an ongoing drought

Glitz and Games

  • Actress Anne Heche was hospitalized after crashing her car into a Los Angeles home on Saturday; law enforcement officials reported that Heche suffered “significant” burns and was deemed to be under the influence at the time of the accident
  • CBS golf television broadcaster Sir Nicholas Faldo retires after 16 years of working as a commentator for the network and 19 years as a broadcaster
  • Roger E. Mosley, best known for his work on the original television show Magnum P.I. in which he appeared in 158 episodes, passed away at the age of 83

Money Moves

  • Major indexes in the stock market ended mixed after beginning Friday’s trading session lower (Dow +0.23%, Nasdaq -0.50%, S&P 500 -0.16%)
  • Amazon announced that it would buy Roomba maker iRobot Corp for a total of $1.7 billion in an all-cash deal at $61 per share
  • Tesla (NASDAQ: TSLA) sets August 25th as the trading day its stock will split in a three-to-one ratio

Tips & Tricks

  • Watch This: If you’re one of the few people out there who hasn’t watched the Predator prequel Prey on Hulu yet, you’re missing out
  • Bump This: Swing into your work week with the happy-go-lucky track “Solo” by Julian Julian - listen on Spotify
  • Nerd Out: Read about the first-ever international holographic teleportation–aka “holoport,” which allows one to instantly beam a person’s hologram to a far-off location–that researchers at the University of Western Ontario recently completed
  • Belly Laugh: A French scientist posted a photo he claimed was of a distant star taken by the James Webb Space Telescope, but was actually a close-up shot of a slice of chorizo (seriously)
  • Say What: “I hereby challenge @paraga to a public debate about the Twitter bot percentage. Let him prove to the public that Twitter has <5% fake or spam daily users!” Tesla and SpaceX CEO Elon Musk said in a tweet directed at Twitter CEO Parag Agrawal
  • Hot Goss: Pete Davidson and Kim Kardashian have broken up after nearly 9 months of dating (Does anyone else feel like the universe is back in balance again? Asking for a friend)
  • Life Hack: Listening to music changes your perception of time and reduces the amount of time you think you’re waiting; that’s why music is almost always playing in waiting rooms

Looking Back…

On August 8th: U.S. President Richard Nixon announces his resignation from office after the incident at the Watergate Hotel (1974); Smith & Wesson patents metal bullet cartridges (1854); Metallica singer James Hetfield suffers second and third-degree burns from a pyrotechnics explosion on stage in Montreal (1992); Swiss tennis player Roger Federer is born (1981).

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