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Your Daily BriefJune 6th, 2023 |
Good morning, and happy Tuesday! Most of us work out so we can stay in shape, but have you ever heard of being in Himalayan shape? Apparently, this high-altitude routine is the workout that athletes put themselves through when they’re getting ready to climb Mount Everest. If you’re feeling so bold, give it a shot and let us know what you think!
In Today’s Brief
- Ukraine: Shifting to offensive actions
- Trump: Expects Mar-a-Lago charges
- Hocus Pocus: 3rd film in development
- Apple: Unveils mixed-reality headset
...and more
Top Tips
Pence officially declares
Former Vice President Mike Pence officially filed paperwork with the Federal Election Commission to run for president in 2024.
The move pits Pence against former President Donald Trump, who is currently leading opinion polls for the Republican primary. Florida Governor Ron DeSantis has the second-highest poll numbers, and Pence is currently sitting in third place. Before being tapped to be Trump’s vice president in the 2016 election, Pence served as Indiana governor and as a former U.S. congressman, including holding a position as the House Republican Conference chair.
Pence joins a field of Republican candidates that includes former President Donald Trump, Florida Governor Ron DeSantis, former U.N. Ambassador Nikki Haley, SC Senator Tim Scott, former AR Governor Asa Hutchinson, and biotech entrepreneur Vivek Ramaswamy. Former New Jersey Governor Chris Christie is also expected to announce his Republican candidacy for president today in New Hampshire.
SEC charges Binance
The Securities and Exchange Commission filed a lawsuit against Binance, the world’s largest cryptocurrency exchange, and its founder Changpeng Zhao.
In a press release, SEC chair Gary Gensler said, “Through thirteen charges, we allege that Zhao and Binance entities engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law.” Along with alleging that it commingled customers' funds, the SEC accused Binance of running an unregistered trading platform in the U.S. and allowing U.S. customers to trade digital currency on an exchange that’s supposed to be off-limits to U.S. investors.
Yesterday’s charges are the latest actions regulators have taken against crypto companies. So far, the biggest target has been FTX, an exchange that collapsed in November 2022. FTX is currently facing a number of charges that threaten to send its founder and former CEO, Sam Bankman-Fried, to prison for over 100 years.
FBI director in contempt
After being briefed on and viewing a document alleging that President Biden was involved in a bribery scandal, House Oversight Committee Chairman James Comer said he would hold FBI Director Christopher Wray in contempt of Congress.
Comer previously said he would bring contempt charges against Wray for failing to deliver the subpoenaed document to Congress by May 30th. The revelations of the document–an FD-1023 form–came after Comer and Iowa Senator Chuck Grassley were approached by a whistleblower alleging that the FBI was in possession of a document that alleged Biden was involved in a $5M bribery scheme with a foreign national in exchange for influence over policy decisions during his time as vice president.
The FD-1023 form in question is reportedly the write-up of an interview with an unverified source. FBI agents use FD-1023 forms to record unverified reporting from confidential sources, and the forms’ existence doesn’t mean the FBI considers them evidence of criminal behavior.
The Good Fats
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Quick Tips
Around the Globe
- Ukrainian forces are “shifting to offensive actions” in some areas, according to the country’s Deputy Defense Minister, Hanna Malyar (More)
- Floods in Haiti caused by rainfall over the weekend left at least 42 people dead, over 13K without shelter, and 11 people missing, per the country’s disaster response agency (More)
- Iran confirmed it will reopen its embassy in Saudi Arabia this week, seven years after it was closed due to a diplomatic rift (More)
On the Homefront
- Former FBI agent Robert Hanssen was found dead in his prison cell at age 79; Hanson had admitted to spying for Moscow and was sentenced to life in prison in 2002 for espionage (More)
- A plane carrying migrants arrived in Sacramento yesterday; it marks the second flight in recent days that California officials allege was coordinated by Florida (More)
- Former President Trump signaled that he expects to be charged by the Justice Department in a case involving classified documents found at his Mar-a-Lago residence (More)
Glitz & Games
In partnership with Pique Tea
- Disney+ is developing a third ‘Hocus Pocus’ film following the success of the sequel, which broke streaming records on Nielsen’s weekly chart with the most minutes watched (More)
- The Las Vegas Golden Knights beat the Florida Panthers with a final score of 7-2 in Game 2 of the Stanley Cup Finals; Golden Knights lead the series 2-0 (More)
- Netflix’s ‘Bling Empire’ star Anna Shay passed away at age 62; the reality TV personality and heiress died following a stroke, per a statement from her family (More)
From our partners: Unlock Nature's Potential – The people behind Pique Tea travel to the most biodiverse and ecological destinations around the world to source their ingredients, from the mountains of Japan to the coasts of Italy. For hydration powders infused with plant extracts and electrolytes, try Pique Tea today and get 15% off your Radiant Skin Duo.
Business & Markets
- Major indexes in the stock market closed lower, with the Dow leading losses (Dow -0.59%, Nasdaq -0.09%, S&P 500 -0.20%)
- Apple unveiled its Apple Vision Pro mixed-reality headset which is controlled by a user’s eyes, hands, and voice (More)
- General Motors will invest over $1B in two Michigan plants that will produce next-generation heavy-duty trucks, according to an announcement from the company (More)
Tips & Tricks
- Feel Good: Meet Sir Darius Brown, a 16-year-old entrepreneur who designs and creates bow ties for shelter animals through his website to advocate for them and increase their chances of being adopted
- Bump This: Adam Devine’s future in-laws are bank robbers in the official trailer for the upcoming Netflix comedy The Out-Laws, also starring Pierce Brosnan and Nina Dobrev
- Chow Down: We’re big fans of healthy recipes, but every now and then, we like to indulge our taste buds with something sweet; try out this recipe for lemon-glazed pound cake that we can’t get enough of (we’re sure you’ll feel the same way, too)
- Look Up: Check out the most recent photo from the James Webb Space Telescope that shows a seemingly-endless number of stars in a galaxy 17M light-years away
- Go Deep: Read up on a mass digital protest that’s about to hit Reddit on June 12th as the company prepares to impose API pricing fees on third-party apps; apparently, hundreds of subreddits are planning to go dark for 48 hours to show their opposition
- Hot Goss: Scottish singer-songwriter Lewis Capaldi is canceling the rest of his tour commitments until June 24th, citing mental health reasons
- Life Hack: Summer months are some of the best times for getting together with friends, and you’d be hard-pressed to find someone who doesn’t love a good dinner party - here are five tips for hosting the perfect dinner party and fostering a sense of community
Tip-Offs
Since 1926, each year’s most popular slang word.
Learn what happens when cities run out of funds.
How to grow up while holding onto a sense of wonder.
One California woman finds an ancient mastodon tooth.
Indigenous Japanese cultures teach us about gratitude.
A new theory sheds light on the sounds of Stonehenge.
What to know when you see mailboxes with pawprints.
This video shows us the true scale of the Milky Way.
Looking Back…
On June 6th: Allied troops begin invading northern France on what becomes known as D-Day (1944); the U.S. Securities and Exchange Commission is established (1934); Sex and the City begins airing on HBO (1998); actor Paul Giamatti is born (1967).
Form and Function
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