Tip News Daily Brief

Your Daily Brief

August 8th, 2023

Good morning, and happy Tuesday! For all you students out there, if you're headed back to school, chances are you’ve already got your schedule, picked up your supplies, and checked in with your friends. However, don’t forget to take stock of your mental health and well-being! To start your day, check out these five tips to help manage your back-to-school mental health and set yourself up for success.

In Today’s Brief

India: Moon mission enters lunar orbit
Los Angeles: City workers go on strike
Oppenheimer: Extends its IMAX run
Campbell's Soup: Buys Sovos Brands

...and more

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Top Tips

Flooding in Alaska

Officials in Juneau, Alaska, declared an emergency after record glacial flooding destroyed at least two buildings and forced residents to evacuate.

A glacial lake outburst from the Suicide Basin, an ice and water-filled basin adjacent to Juneau’s Mendenhall Glacier, resulted in the Mendenhall Lake and River overflowing and flooding. Two homes were lost in the flooding, and a third was partially destroyed, according to Juneau’s deputy city manager. There have been no reports of injuries or fatalities. The lake crested at a record 14.97 feet, higher than the previous record of 11.99 feet set in 2016, according to the National Weather Service.

Suicide Basin has released water that has caused sporadic flooding along the Mendenhall Lake and Mendenhall River since 2011, according to the weather service. A study released earlier this year found that floods caused by the melting of glaciers pose a risk to about 15M people worldwide.

Paramount to sell Simon & Schuster

Paramount Global agreed to sell book publisher Simon & Schuster to private equity firm KKR for $1.62B, the media company announced yesterday.

The deal will mark the second time Paramount has tried to sell Simon & Schuster after the company had to walk away from a deal it struck in 2021 with Penguin Random House. The deal was blocked by federal regulators over antitrust concerns and Paramount collected a $200M termination fee as a result. According to Paramount executives, the proceeds of the Simon & Schuster sale will be used in the company’s ongoing effort to pay down debt.

Simon & Schuster, whose authors include Stephen King, Colleen Hoover, and Bob Woodward, is one of the so-called “Big Five” of New York publishing, with others including Penguin Random House, HarperCollins Publishing, Hachette Book Group, and Macmillan. They currently publish and distribute more than 36K titles and have more than 1.6K employees.

A new fusion energy milestone

U.S. scientists announced that they achieved net energy gain in a nuclear fusion reaction for a second time, this time with a higher energy yield.

The Lawrence Livermore National Laboratory repeated the fusion ignition breakthrough in an experiment in the National Ignition Facility, focusing a laser on a target of fuel to fuse two light atoms into a denser one. Nuclear fusion reaction involves combining two atomic nuclei to form a single heavier one, releasing an enormous amount of energy. Researchers hope that nuclear fusion may be a limitless, clean, and safe source of power that could be used to produce power at an industrial scale.

In May of this year, Microsoft made the world’s first purchase agreement for nuclear fusion energy, aiming to set up power plants within the next five years. Scientists maintain, however, that technology needs to be significantly scaled up from the current experiments for it to be a viable energy source.

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Quick Tips

Around the Globe

At least five people were killed in a Russian missile attack on residential buildings in the Ukrainian town of Pokrovsk; 31 people were injured, including 19 police officers and five rescue team members, according to the interior minister (More)
India's latest Moon mission, Chandrayaan-3, has entered the lunar orbit, announced the country's space agency; if the mission is successful, India will be the first country to land near the Moon's south pole (More)
Shipwrecks off Tunisia and Western Sahara left at least 16 people dead after a boat heading to the Italian island of Lampedusa capsized; two people have been rescued out of the 57 on board, all from sub-Saharan African countries, according to officials (More)

On the Homefront

The National Weather Service warned of severe weather yesterday across the East Coast, including heavy rain, winds, hail, and possible tornadoes; more than 120M people may be affected by the storms, which could also cause property damage and significant travel disruptions (More)
Rapper Tory Lanez will be sentenced in connection with shooting Megan Thee Stallion outside a Los Angeles party in 2020; Los Angeles prosecutors are asking a judge to hand down a 13-year sentence to the 31-year-old (More)
Over 11K Los Angeles city workers are going on strike today, including those working in the sanitation department, at the city’s port, and at the Los Angeles International Airport, according to the SEIU Local 721 union; the strike is the first by LA city workers in more than 40 years (More)

Glitz & Games

In partnership with The Brothers Apothecary

American movie director William Friedkin died of heart failure and pneumonia at the age of 87; Friedkin earned the Oscar for best director for The French Connection in 1972, going on to be nominated for the same trophy again two years later for The Exorcist (More)
Chicago White Sox’s Tim Anderson has been suspended for six games and the Guardians’ José Ramírez was suspended for three games following a fight that broke out during a game on Saturday night, announced the MLB (More)
‘Oppenheimer’ has extended its 70mm run at Imax theaters nationwide through the end of August, due to popular demand; there are currently only 19 theaters in the U.S. and 30 worldwide that can play films in Imax 70mm (More)

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Business & Markets

Major indexes in the stock market closed higher yesterday, with the Dow leading the gains (Dow +1.16%, Nasdaq +0.61%, S&P 500 +0.90%)
Campbell’s Soup announced it plans to buy Sovos Brands, the parent company of Rao's pasta sauce, in a deal valued at $2.7B; the Sovos deal marks Campbell's largest acquisition since the company bought Snyder's-Lance in 2018 (More)
Tyson Foods announced that it will close four more chicken plants in the U.S. to cut costs; in April, the company said it would be cutting roughly 10% of corporate jobs and 15% of senior leadership roles (More)

Tips & Tricks

Feel Good: Migos rapper Quavo teamed up with the Tender Foundation over the weekend to give away school supplies to hundreds of children in Atlanta to make sure they got what they need to start this school year off on the right foot
Sneak Peek: The official trailer for season two of Marvel Studios’ I Am Groot on Disney+ is overloaded with cuteness, action, and a whole lot of dialogue consisting of–you guessed it–“I am Groot”
Bump This: Now-defunct musical collective BROCKHAMPTON perfectly captures the feeling of young summer love in their deep cut “GOODBYE” - listen on Apple Music, Spotify, and YouTube
Chow Down: We’re definitely on a salad kick, and we can’t get enough of this recipe for apple bacon broccoli salad that’s sure to make a great light lunch or a perfect side for any of your favorite entrees
Go Deep: You may have noticed that there’s been an uptick in reports of solar storms and northern lights over the last several months - check out this article that explains why solar storms are on the rise and how us Earthlings are impacted by this turbulent time
Hot Goss: Jimmy Donaldson, aka MrBeast–the biggest YouTube star in the world–has been named as a defendant in a $100M lawsuit filed by Virtual Dining Concepts, the ghost kitchen company that operates his virtual restaurant chain, MrBeast Burger
Life Hack: Our brains never take a break, and are working almost 24/7…but there are ways we can make it work for us, too - here are four daily habits to practice for a younger, more resilient brain, according to a top neuroscientist

Tip-Offs

Imagine finding a $2 Rolex while going thrift shopping.

The irony of layoffs leading to more workers quitting.

Re-examining the viable future of metropolitan cities.

Peek into the home where Kurt Cobain wrote his songs.

…and check out a New York hotel that’s run by robots.

Learn how New Zealand has brought down home prices.

Pictures of the hiking trail leading to the end of the earth.

…and the Australian town where people live underground.

Looking Back…

On August 8th: The English fleet sees a decisive victory over the Spanish Armada off the coast of Gravelines in northern France (1588); President Nixon resigns from office (1974); the wreckage of Confederate submarine the Hunley is raised from the ocean floor near South Carolina (2000); tennis player Roger Federer is born (1981).

In partnership with Wellcore

Boost testosterone

According to scientists smarter than us, up to 40% of men have low testosterone. Are you one of the millions of men in the U.S. that is facing this problem? You need to find out.

Enter Wellcore. They created a scientifically-backed, at-home, hormone optimization program that can improve strength, fat loss, bone density, libido, blood sugar, mood, sleep and more.

Right now, Wellcore is treating our readers like VIPs. Get started by ordering the kit for just $99 today ($100 off) using code HELLOVIP.

Please support our sponsors!