Your Daily Brief

January 20th, 2023

Good morning, and happy Friday! In case you haven’t been following along with the Australian Open, take two minutes to watch Andy Murray of England dip, dive, dodge, and dash during this epic rally against Thanasi Kokkinakis yesterday in Melbourne. Even if you’re not a tennis fan, it’ll leave your jaw on the floor and get you ready to attack the day. Impossible is nothing!

In Today’s Brief

  • Ukraine: Nations pledge more support
  • Eggs: Border seizures rise
  • David Crosby: Passes at 81
  • Nasty Gal: Founder launches venture fund

...and more

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Top Tips

US hits debt ceiling

Treasury Secretary Janet Yellen said in a letter to Congress yesterday that the U.S. has reached its debt limit and has started to take “extraordinary measures” to ensure that the government can keep paying its bills.

Per the Treasury Department, “the debt limit is the total amount...that the United States government is authorized to borrow to meet its existing obligations,” such as Social Security and Medicare benefits. Currently, the U.S. can borrow up to about $31.4T. According to Yellen’s letter, the “extraordinary measures” the Treasury began taking yesterday to fulfill its obligations include suspending investments in government retirement funds.

Since 1960, Congress has acted 78 separate times to permanently raise, temporarily extend, or revise the definition of the debt limit. In her letter, Yellen stated that Congress must pass legislation to raise or suspend the debt ceiling or risk the possibility of a government default.

Alec Baldwin charged

New Mexico District Attorney Mary Carmack-Altwies announced charges against actor Alec Baldwin in the 2021 shooting of cinematographer Halyna Hutchins during the filming of Rust.

Both Baldwin and the film's armorer, Hannah Gutierrez Ree, were charged with two counts of involuntary manslaughter after more than a year of investigation into the shooting that occurred on set outside of Santa Fe. In addition to the charges against Baldwin and Ree, Rust assistant director David Halls reached a plea agreement with prosecutors for the charge of negligent use of a deadly weapon.

Hutchins lost her life when Baldwin fired a live round from a Colt .45-caliber pistol during film rehearsals. Baldwin has maintained that he didn’t intentionally fire the weapon and wasn’t aware that it held live ammunition. Involuntary manslaughter is considered an unintentional killing and carries a penalty of up to 18 months in prison in New Mexico, along with a $5K fine.

Netflix founder steps down

Netflix announced during its earnings report yesterday that founder Reed Hastings will step down from his role as co-CEO but will remain on as chairman.

Hastings founded Netflix in 1997 alongside Marc Randolph as a DVD-by-mail service, and the company began streaming in 2007. According to a letter to shareholders, co-CEO Ted Sarandos will remain in his current position. Greg Peters–most recently chief operating officer–will assume the post of co-CEO in Hastings’ place and will also join the company’s board. All three executives have worked together at the company for 15 years.

The shift comes as Netflix moves to diversify from ad-free subscriptions as its main revenue source. The company introduced a new subscription tier with ads in October 2022 and has pushed to build up its gaming and merchandising businesses. The same day that it announced Hastings would step down as co-CEO, Netflix reported 223M paying subscribers worldwide.

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Quick Tips

Around the Globe

  • Additional military support promised to Ukraine by nine European countries, including the UK, Poland, Latvia, Lithuania, Denmark, Czech Republic, Estonia, the Netherlands, and Slovakia (More)
  • Over 1M people marched in Paris and other French cities amid nationwide strikes against plans to raise the retirement age; French President Emmanuel Macron says he will continue with the proposed pension reforms (More)
  • Protestors in Peru descended on Lima yesterday to demonstrate support for ousted former President Pedro Castillo and to demand the resignation of current President Dina Boluarte (More)

On the Homefront

  • A U.S. Supreme Court investigation failed to identify the responsible party behind the May 2022 leak of a draft opinion that signaled the overturning of Roe v. Wade (More)
  • Charlotte Football Club player Anton Walkes passed away at the age of 25 following a boating accident in Florida, per an announcement from the club (More)
  • Egg and poultry seizures at both U.S. borders rose by 108% between October 1st and December 31st of last year, according to statistics from the Department of Agriculture (More)

Glitz & Games

  • Musician David Crosby of rock groups The Byrds and Crosby, Stills & Nash passes away at 81, per a statement from his wife (More)
  • Notre Dame head basketball coach Mike Brey will retire after this season, per an announcement from the school; Brey is in the midst of his 23rd season with the program and his record is 481-269 since taking over more than two decades ago (More)
  • Warner Bros. Discovery cancels ‘Gossip Girl’ revival at HBO Max; showrunner says the series will be shopped to other networks (More)

Business & Markets

  • Major indexes in the stock market ended lower for the second straight day, with the tech-heavy Nasdaq leading losses (Dow -0.76%, Nasdaq -0.96%, S&P 500 -0.76%)
  • Texas Instruments CEO Rich Templeton to step down on April 1st after almost 19 years; Templeton will be replaced by current chief operating officer Haviv Ilan and will remain executive chairman (More)
  • Nasty Gal and Girlboss creator Sophia Amoruso launches a new venture firm dubbed Trust Fund reportedly focused on backing digital consumer companies and is targeting a $5M debut raise (More)

Tips & Tricks

  • Feel Good: Meet an artist named Hannah Bullen-Ryner, who uses only items found in nature to create realistic portraits of animals such as lions, tigers, and bears (oh, my!)
  • Sneak Peek: Ghostface is back like you’ve never seen him before in the official trailer for Scream VI starring Jenna Ortega aka Wednesday Addams herself
  • Bump This: In honor of the late David Crosby, we’re reminiscing along to “Helplessly Hoping” off of Crosby, Stills & Nash’s debut studio album - listen on Apple Music and Spotify
  • Jaw Drop: Check out this attempt to break the record for the world’s largest pizza with a 14K square-foot pie inside the Los Angeles Convention Center this week (it didn’t go to waste; it was reportedly donated to several charities)
  • Go Deep: Watch an insurance lawyer review damage in superhero movies and TV shows like Batman, The Boys, Man of Steel, and more
  • Hot Goss: Will & Grace alum Leslie Jordan’s cause of death was “sudden cardiac dysfunction,” per the autopsy report from the Los Angeles County Coroner’s Office
  • Life Hack: Most of us spend all day (and night) looking at screens, and doing so can cause us to strain much more often than we should be - try out this 20-second vision exercise to help reduce eye strain and relax your optic muscles


How providing care as a profession can lead to compassion fatigue.

A 12-year-old boy goes fishing and catches a great white shark.

Why this winter season might make coughs last longer.

See an image of Lionel Messi's face in a cornfield.

The world’s most powerful cities for tourism.

New Mexico’s White Sands National Park’s barren landscape.

…and Moloka’i, Hawaii’s lush sea cliffs.

A photo montage of the green comet heading towards Earth.

Looking Back…

On January 20th: U.S. President Franklin D. Roosevelt is inaugurated for a fourth term in office (1945); actress Audrey Hepburn dies in Switzerland (1993); Breaking Bad starring Bryan Cranston and Aaron Paul premieres on AMC (2008); American astronaut Buzz Aldrin is born (1930).

In partnership with Joovv

The Police were right!

Sting may have been singing to ‘Roxanne’ back in 1981, but in 2023, we all could benefit if we “Put on the red light.”

Two different waveforms called red light and near-infrared light are both healing to the body. One is absorbed by surface tissues and cells, leading to optimized skin health, while the other (near-infrared) is invisible to the human eye, yet penetrates deeper into tissues for recovery and inflammation support.

Get the benefits of both with Joovv’s patented, medical-grade red light therapy device. Tip News readers get a big $50 savings by using code “Tip” at checkout.

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Question of the Day

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