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Your Daily BriefAugust 1st, 2022 |
Good morning, and happy Monday! We’re still wrapping our minds around the fact that today is the first day of August (though the 7th is the official midpoint of summer, so we’ve still got some time)–but here’s what went down over the weekend:
In Today’s Brief
- Ukraine: Grain entrepreneur killed by Russian missiles in a Black Sea port town
- Kentucky: Death toll from floods rises to 28 with more fatalities expected
- Shakira: Spanish prosecutors seek an eight-year prison sentence for the singer for alleged tax fraud
- Alibaba: Working to maintain its New York Stock Exchange listing
- Vacation package: Giveaway winner announced
- Top Tips: Mega Millions jackpot prize won in Chicago suburb, President Biden reenters quarantine after testing positive for Covid-19 a second time, former NBA player and coach Bill Russell dies at 88
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Lottery ticket in Illinois wins the Mega Millions Jackpot prize of $1.337 billion
A ticket purchased in a Speedway gas station in Des Plaines, Illinois won the Mega Millions jackpot prize of $1.337 billion, according to lottery officials.
The prize marks the third-largest prize in the history of the lottery. Per lottery officials, the winner can either receive $780.5 million as a cash lump sum or elect to receive annuity payments over the next 30 years. Should the winner choose the lump sum, they are subject to a mandatory 24% federal tax withholding, and if they live in Illinois, the winnings will also be considered taxable income at the state’s 4.95% rate.
Mega Millions said in a statement that the jackpot “had been rolling since it was last won at $20 million in Tennessee on April 15,” and director of the Illinois Department of the Lottery Harold Mays said at a news conference that no one has yet to claim the jackpot prize as of Saturday night.
President Biden tests positive for Covid-19 again and reenters quarantine
Per a letter from White House physician Dr. Kevin O’Connor, President Biden has tested positive for Covid-19 again and reentered quarantine over the weekend.
Dr. O’Connor wrote in the first of two memos over the weekend that the President “has experienced no new emergence of symptoms” after testing positive on Saturday. In the memo, O’Connor also acknowledged the potential for “rebound” Covid positivity seen in a small percentage of patients treated with Paxlovid, the antiviral treatment from Pfizer given to President Biden after he first tested positive on July 21st. At that time, the President was experiencing symptoms such as sore throat, runny nose, cough, body aches, and fatigue.
In a second letter published yesterday, Dr. O’Connor wrote that the President “continues to feel well” after his rebound positivity, and added that he will “continue his strict isolation measures” while conducting business from the Executive Residence.
Hall of Fame basketball player & former Boston Celtics head coach Bill Russell dies at 88
According to a statement the Russell family posted on social media, former professional basketball player and Boston Celtics head coach Bill Russell died at age 88 this weekend.
Russell's achievements include a Hall of Fame induction, five-time Most Valuable Player, and 12-time All-Star. In 1980, basketball writers voted Russell the greatest player in NBA history. Russell led the Celtics to 11 championship wins, with the last two titles won while serving as the first Black coach in the NBA. In addition to his NBA career, Russell also marched alongside Martin Luther King, Jr. and received the Presidential Medal of Freedom from President Barack Obama.
In a statement addressing Russell’s passing, NBA Commissioner Adam Silver said, “At the height of his athletic career, Bill advocated vigorously for civil rights and social justice,” adding that “Bill was the ultimate winner and consummate teammate and his influence on the NBA will be felt forever."
Around the Globe
- The number of wild tigers globally has increased by 40% since 2015, according to an update published to the International Union for Conservation of Nature Red List of Threatened Species
- Russian missiles struck the Ukrainian port city of Mykolaiv near the Black Sea and killed Oleksiy Vadatursky, the owner of one of the country’s largest grain producing and exporting companies, according to the local governor
- Per a report from state media, Min Aung Hlaing–the head of Myanmar’s military junta–will extend the country’s state of emergency for another six months; the junta first declared a state of emergency in February 2021 after seizing power from the elected government of Aung San Suu Kyi
On the Homefront
- The death toll from rain-induced flash floods in Kentucky has risen to at least 28, according to state Governor Andy Beshear, who predicts more fatalities as authorities expect to continue finding bodies for weeks
- A wildfire dubbed the McKinney Fire in Northern California has burned over 52,000 acres since the weekend, forcing over 2,000 to evacuate and growing into the state’s largest wildfire this year; the blaze is 0% contained as of last night, per an update from Cal Fire
- New York Governor Kathy Hochul declared a state disaster emergency due to the spread of monkeypox, followed by a public health declaration in New York City
Glitz and Games
- Spanish prosecutors are seeking an eight-year sentence and a fine of about $24 million for singer Shakira, whom they accused of tax fraud while she was living in the country between 2012-2014
- Star Trek actress Nichelle Nichols–known for her role as Lieutenant Uhura on the series–passed away from natural causes at age 89, according to her son
- The San Francisco 49ers agreed to a three-year contract extension with wide receiver Deebo Samuels; the extension is worth a maximum of $73.5 million over the three years and includes $58.1 million in guarantees, according to sources familiar with the matter
Money Moves
- Major indexes in the stock market rose consistently higher on Friday to end last week’s trading activity in the green (Dow +0.97%, Nasdaq +1.88%, S&P 500 +1.42%)
- Google CEO Sundar Pichai said during the company’s Q2 earnings call that “productivity as a whole is not where it needs to be for the headcount we have,” and announced a new effort called “Simplicity Sprint” to improve employee efficiency and focus
- Alibaba Group Holding Ltd (NYSE: BABA) said it would work to maintain its listing on the New York Stock Exchange along with its Hong Kong Stock Exchange listing after U.S. authorities placed the company on a delisting watchlist
Tip & Tricks
- Bump This: We have no clue what genre it is, but we’re pretty into “Turn On the Lights again..” by Swedish House Mafia, Fred again.., and Future - listen on Apple Music and Spotify
- Chow Down: Ring in the first day of August with this recipe for classic party guacamole (it’s never not a good time for guacamole…unless you only brought $10 to Chipotle)
- Close Call: Read about two skyscraper-sized asteroids classified as “Near-Earth Objects” that flew past our little planet this weekend
- Cash Grab: This luxury camper that runs on solar power and produces water from air can be yours for just $340,000
- Say What: “Chris, I apologize to you. My behavior was unacceptable and I’m here whenever you’re ready to talk,” Will Smith said in an apology video to Chris Rock regarding slapping him during the live broadcast of the 2022 Oscars, and added, “This is probably irreparable.”
- Hot Goss: Singer-songwriter Ne-Yo’s wife Crystal Renay Smith–with whom he shares three children–has accused him of being unfaithful to her for the past eight years in an Instagram post
- Life Hack: Working out before you go to bed apparently makes your muscles burn more calories throughout your sleep cycle (though you might have some trouble falling asleep)
Looking Back…
On August 1st: St. Ignatius of Loyola, founder of the Jesuit order of the Roman Catholic Church, dies in Rome (1556); Cuban leader Fidel Castro hands provisional power over to his brother Raul due to health problems (2006); Michael Phelps wins a 19th career gold medal at the 2012 summer Olympics (2012); author J.K. Rowling is born (1965).
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