Parade Shooting, Luhansk Falls, and 63 Hot Dogs

Your Daily Brief

July 5th, 2022

Good morning, and welcome to the top of the (shorter-than-usual) work week. We took a few days off for the holiday weekend, but now that we’re back, here’s what we have for you:

Today’s Highlights

At least six killed and dozens wounded in a July 4th parade shooting in Chicago suburb
Vladimir Putin declares victory in Ukrainian region of Luhansk
State of emergency declared in Akron following protests over the death of Jayland Walker

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At least six killed and dozens injured in a July 4th parade shooting in Chicago suburb

Six people were killed and dozens were injured in a mass shooting that targeted a July 4th parade in the Chicago suburb of Highland Park yesterday, according to city officials.

Shots were fired about ten minutes after parade festivities began around 10 am local time, and witnesses described people fleeing the scene with blood on them. Following the shooting, Highland Park Mayor Nancy Rotering wrote in a tweet that the parade had been canceled, and told people to avoid the downtown area.

In a statement posted to the city’s website, Highland Park officials said the shooting was an “active situation,” and urged all individuals to “shelter in place.” Officials also said that sixteen people had been transferred to the hospital after the shooting.

At a news conference, County Deputy Chief Christopher Covelli said that the gunman opened fire from a rooftop and was still at large. Highland Park police later identified Robert “Bobby” E. Crimo III as a "person of interest" in the shooting, and Crimo was apprehended and taken into custody around 7 pm local time.

Vladimir Putin declares victory in Ukrainian region of Luhansk

Russian President Vladimir Putin claimed victory in the eastern Ukrainian region of Luhansk yesterday and praised Russian troops on “liberating” the region.

Putin’s declaration came one day after Russian troops overran the Ukrainian city of Lysychansk. Lysychansk contained the last stronghold of Ukrainian forces in the Luhansk region, which Russian Defense Minister Sergei Shoigu relayed to Putin during a televised meeting between the two men.

In the same meeting, Putin congratulated Russian troops for achieving “success” and “victory” in the region, and urged the involved military units to rest and “increase their combat capabilities.” Meanwhile, Ukrainian President Volodymyr Zelensky vowed that Ukrainian forces would regroup and return to fight Russian troops in Lysychansk after withdrawing over the weekend.

Luhansk borders the Donetsk province, which Russian forces have now turned their attention to capturing more parts of, according to local officials. Together, Luhansk and Donetsk make up Ukraine’s industrial heartland of Donbas.

State of emergency declared in Akron following protests over the death of Jayland Walker

Akron declared a state of emergency and set a 9 pm curfew following protests over the death of Jayland Walker that turned violent and caused damage to some local businesses.

Protests ensued throughout the Ohio city on Sunday after Akron police released bodycam footage that shows 25-year-old Jayland Walker being pursued and gunned down by police officers after fleeing from an attempted traffic stop on June 27th. Walker was unarmed at the time of the shooting, though police later found a gun with the magazine removed in the car he was driving.

The eight officers involved in the shooting were placed on leave earlier in the week as the city braced for protests. During a press conference on Sunday, Akron Police Chief Steve Mylett confirmed to reporters that the medical examiner observed 60 wounds on Walker’s body, though he asserted that Walker’s injuries had not yet been differentiated between entrance or exit wounds.

In a statement published on the City of Akron website, Mayor Dan Horrigan said that the protests were peaceful at first before leading to damage overnight on Sunday, which led to the city declaring a state of emergency on Monday.

Around the Globe

A shooting at a mall in Copenhagen, Denmark left three dead and several injured over the weekend
Canal Authority Chairman Osama Rabea announced that revenue from Egypt's Suez Canal hit a record high of $7 billion in the financial year ending on June 30th, up 20.7% from the previous year
Sri Lanka’s power and energy minister Kanchana Wijesekera said the country had less than one day of fuel supply left under regular demand, and told reporters the nation’s next fuel shipment is scheduled to arrive between July 22nd and 23rd

On the Homefront

U.S. District Judge David Faber ruled that drug distributors McKesson Corp, AmerisourceBergen Corp, and Cardinal Health Inc are not responsible for fueling an opioid epidemic in Cabell County, West Virginia
Uvalde schools police Chief Pete Arredondo resigned from his seat in the Uvalde City Council; Arredondo was elected on May 7th and was sworn in a week after the shooting at Robb Elementary School
Several major cities canceled July 4th fireworks displays yesterday due to supply chain issues

Glitz and Games

Minions: The Rise of Gru broke records over the holiday weekend and has earned over $202 million worldwide since its release
Philadelphia 76ers owner Michael Rubin hosted his annual “White Party” in the Hamptons with Jay-Z, Beyoncé, Drake, Travis Scott, Kendall Jenner, and others in attendance
WNBA player Brittney Griner sent a handwritten letter to President Biden asking for her release from Russia, where she has been detained since February

Money Moves

Major indexes in the stock market rebounded on Friday after posting the worst first half of a year in decades (Dow +1.05%, Nasdaq +0.90%, S&P 500 +1.06%)
Cryptocurrency lender Vauld halted all trades on its platform including deposits and withdrawals and is exploring potential restructuring options; customers have withdrawn over $197 million from the platform since June 12th
FTX has closed a deal with BlockFi that provides the cryptocurrency lender with a $400 million revolving line of credit and an option to acquire the company for up to $240 million

Tip & Tricks

Bump This: Shake off the sleepiness and get ready to attack the work week with this Confidence Boost playlist on Spotify
Chow Down: Joey “Jaws” Chestnut captured his 15th win at Nathan’s Famous Fourth of July Hot Dog Eating Contest by downing 63 hot dogs (please send recommendations for GI doctors in the NYC area)
Cash Grab: Find out what it takes to be considered “wealthy” in 12 major cities in the United States
Nerd Out: Check out this underwater drone from Powervision that shoots in 4K and allows you to explore the depths from a phone or a VR device
Say What: “Everything I need to say about family, about sustainability, about climate, about the natural world, the themes that are important to me in real life and in my cinematic life, I can say on this canvas,” director James Cameron said regarding the storyline of Avatar and its sequels in an interview with Empire
Hot Goss: Megan Fox apparently once asked fiancé Machine Gun Kelly (real name Colson Baker) if he was breastfed as a baby to learn about his psychology and temperament
Life Hack: You can use a small rubber band to unscrew stripped screws; place one side of it flat on top of the screw, press the tip of the screwdriver into the screw through the top of the rubber band, and you’re good to go

Question of the day

What are some red flags to look out for in everyday life? Tell us what you think here:

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Looking Back…

On July 5th, 1989, the first episode of ‘Seinfeld’ (then called ‘The Seinfeld Chronicles’) aired on NBC; the often-described “show about nothing” is widely regarded as one of the most influential sitcoms of all time.