Tip News Daily Brief

Your Daily Brief

July 3rd, 2023

Good morning, and happy Monday! We’re excited to announce that Sharee M. will be receiving a Wildcrafted Anti-Aging Bundle from Annmarie! This month, we’re giving away a $500 credit to a local day spa of your choice. To earn your entry for our monthly raffle, all you need to do is get one friend to join Tip News!

Also, just a heads up: we’re taking the day off for July 4th, so the next newsletter you’ll receive will be on Wednesday, July 5th. We wish you a Happy Independence Day!

In Today’s Brief

France: Thousands arrested in riots
Baltimore: Mass shooting at a block party
Taylor Swift: Song from 2019 gets new life
UPS: Reaches tentative deal with Teamsters

...and more

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Top Tips

Supreme Court rulings recap

The Supreme Court ended last week by voting to strike down President Biden’s student debt relief plan.

Under Biden’s plan, borrowers who qualified would have been forgiven for debt up to $10K for individuals who make under $125K per year, or $20K for Pell Grant recipients. The 6-3 vote to strike down Biden’s student debt plan–which saw Justices Brown Jackson, Kagan, and Sotomayor dissent–capped a week of rulings that included upholding the power of state courts to override state legislatures in federal elections, declaring affirmative action in college admissions unconstitutional, and upholding that a graphic designer for wedding websites can refuse to work with same-sex couples on the grounds of the First Amendment.

The court is now on summer recess and will reconvene on the first Monday of October to begin its yearly term. During the intervening recess, the Justices study the argued and forthcoming cases and work on their opinions.

Flying cars are coming

The first flying car has officially been cleared for testing in the United States.

Flying vehicle startup Alef Aeronautics revealed its electric flying car “Model A” was granted permission from the Federal Aviation Administration to test run on the road and in the sky. In a press release, Alef said it is the first company to receive a Special Airworthiness Certification from the FAA. The certification limits the locations and purpose for which the vehicle is allowed to fly.

Per Alef, the Model A has a 200-mile driving range and a flight range of 110 miles. After presales began last October for $300K, Alef says it collected over 440 reservations by the end of the year. The company is also developing additional models, including a four-person sedan, “Model Z,” slated to debut in 2035, with a starting price of $35K. Alef claims it will have an over 300-mile flying range with an over 220-mile driving range.

Apple hits a new milestone

After Friday’s stock market session, Apple is now the first publicly-traded company to close above a market value of $3T or more.

Shares of the company (NASDAQ: AAPL) climbed 2.31% higher on Friday to hit a new high of $193.97. The tech company reached a $3T market cap in January 2022, though it failed to close at that level. This week’s milestone valuation came the same month as it announced the launch of the Apple Vision Pro, its augmented reality (AR) headset.

Apple was founded in 1976 and went public in 1980. Its stock has risen 46% this year; in 2022, it lost about 27% of its value. Earlier this year, Apple’s market cap fell below $2T for the first time since early 2021. The company’s market cap first topped $2T in August 2021, which occurred about two years after it reached $1T for the first time.

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Quick Tips

Around the Globe

Over 2,900 protestors in France have been arrested following last week’s fatal police shooting of a 17-year-old delivery driver in a Paris suburb; the French Interior Ministry said 719 people were arrested on Saturday night, 1,311 on Friday, and 875 on Thursday (More)
South Africa’s Zulu King Misuzulu kaZwelithini was hospitalized for suspected poisoning, according to his traditional prime minister; the king’s hospitalization follows the death of one of his senior advisers, also of suspected poisoning (More)
Russia launched a drone strike on Kyiv yesterday, marking the first such attack in 12 days; all of the drones were detected and shot down, according to Serhii Popko, the head of the Kyiv city administration (More)

On the Homefront

A shooting at a block party in Baltimore early yesterday morning left two dead and 28 others injured; the ages of those who were injured range between 13 and 32 years old and authorities are reportedly still searching for the suspects (More)
Hotel workers across Los Angeles County went on strike to demand higher wages and better benefits; the contract between the hotels and the union representing up to 15K hotel workers expired at 12:01 AM on Saturday (More)
A small plane crashed at a South Carolina golf course yesterday morning, leaving at least one of the four passengers dead, per a North Myrtle Beach police spokesperson (More)

Glitz & Games

In partnership with Bright Cellars

Taylor Swift’s song “Cruel Summer” has re-entered the charts four years after its initial release; the track, from her 2019 album Lover, reportedly received radio circulation following a fan-led campaign (More)
Rickie Fowler took home the trophy at the Rocket Mortgage Classic in a playoff over Collin Morikawa and Adam Hadwin with a birdie on the first hole of bonus play (More)
Singles from country music artists Morgan Wallen & Luke Combs reached the top two spots on the Billboard Hot 100, marking the first time such an instance has occurred since 1981 for country music (More)

From our partners: The Wine Club for Real People – Bright Cellars believes that anyone can be a wine person. Learn what you like with our simple and fun wine taste quiz, and experience the joy of wine delivered to your door. No commitment. No fine print. Just wine your way. Get $100 off your subscription.

Business & Markets

Major indexes in the stock market closed higher during Friday’s session, ending the month of June with gains (Dow +0.84%, Nasdaq +1.45%, S&P 500 +1.23%)
Twitter placed a limit on the number of tweets users can view each day, a restriction that owner Elon Musk described as an attempt to prevent “extreme levels” of data scraping from the social media platform (More)
The Teamsters Union reached a tentative deal with UPS on one piece of their negotiation; the union said UPS agreed to end a two-tiered payment system, make Martin Luther King Jr. Day an official day off, and end mandatory overtime on workers’ days off (More)

Tips & Tricks

Feel Good: From a 4-year-old who started a nationwide lemonade operation, a nonprofit founded by an 8-year-old, and a Nobel Peace Prize given to a 17-year-old, check out these stories of young people who have accomplished big things early on in their lives
Sneak Peek: Watch the official trailer for Robots, a rom-com coming to Amazon Prime Video about two robotic doubles that fall in love and set off a series of charming mishaps that may or may not lead to the downfall of the human race
Bump This: English singer-songwriter James Blake channels classic Kraftwerk 8-bit sounds for his strange, no-singing single “Big Hammer” - listen on Apple Music, Spotify, and YouTube
Dive In: When conducting a series of scuba dives in the blue-green waters of Vietnam, scientists came across a “massive” creature lurking in an underwater tunnel and ended up discovering a new species of sea sponge
Nerd Out: Read up on how NASA researchers analyzed 15 years of radio data to discover evidence of a universal background of gravitational waves, or ripples in the fabric of space-time, which are thought to have been created over eons by supermassive black holes
Hot Goss: Australian tennis player Nick Kyrgios withdrew from Wimbledon with a wrist injury; Kyrgios lost to Novak Djokovic in last year’s men’s singles final and has only played one tournament this year because of a knee injury that required surgery
Life Hack: It may seem like a good approach to see the positive in every situation, but you should be cautious that you’re not spewing “toxic gratitude” to yourself and others - here are three signs you’re gaslighting yourself with toxic gratitude and some tips on how to overcome it

Tip-Offs

Charting the last 22 years of global UFO sightings.

Learn about the proper way to taste and drink bourbon.

A look at the rise and fall of the video chat app Skype.

Last week in Colorado, see photos of baseball-sized hail.

5 Indiana Jones movies still stuck in development hell.

What it’s like to feel the most painful sting on earth.

25 of America’s most underrated travel destinations.

…and the growing trend of burnout from job searches.

Looking Back…

On July 3rd: The Battle of Gettysburg ends with a victory for Union forces during the American Civil War (1863); George Washington officially assumes command of the Continental Army during the American Revolution (1775); Back to the Future is released in American theaters (1985); actor Tom Cruise is born (1962).

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