Your Daily Brief

September 5th, 2022


Good morning, and welcome to your Monday! Did you know that the first Labor Day was celebrated in New York City on Tuesday, September 5th, 1882? By 1894, 23 more states had followed suit, and on June 28th, 1894, President Grover Cleveland signed a law making the first Monday in September of each year a national holiday. So, while you kick off your well-deserved day off, here’s what we have for you:

In Today’s Brief

  • Canada: At least 10 killed & 15 injured from stabbings in Saskatchewan
  • Bed Bath and Beyond: CFO falls from Manhattan skyscraper
  • Lord of the Rings: Rings of Power sees record debut for Prime Video
  • Amazon: Abandoning plans for facilities across the U.S. to cut costs
  • Taylor Hawkins: 16-year-old son Shane plays with Foo Fighters at his father’s tribute concert at Wembley Stadium
  • Top Tips: Serena Williams loses third-round match to Ajla Tomljanović at US Open; Gazprom keeps gas flow halted through Nord Stream 1 pipeline indefinitely; NASA scrubs Artemis 1 launch once again

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Serena Williams addresses retirement after losing third-round match at US Open

Serena Williams ended the third-round match at the US Open with a loss to Ajla Tomljanović before addressing her retirement.

Williams, 40, first mentioned she was “evolving away from tennis” in a self-penned essay for Vogue, citing her desire to expand her family. During a news conference after her match with Tomljanovic, she told reporters that she was looking forward to spending more time with her daughter and hoped to “explore a different version of Serena.” Following the match, Williams received praise from both President Biden and former President Obama, as well as from athletes such as LeBron James, Simone Biles, and more.

Throughout her 27-year career, Williams became one of the world’s highest-paid athletes, with $450M in earnings between prize money and endorsements. Her accomplishments include 23 major titles, 73 career singles titles, 16 major doubles and mixed doubles titles, 4 Olympic gold medals, and a total of 319 weeks at No. 1.

Russia’s Gazprom keeps the Nord Stream 1 pipeline closed indefinitely

Despite stating that flows were expected to resume on Saturday, Russian-owned gas company Gazprom kept one of its main pipelines to Europe closed over the weekend.

Gazprom halted flows through the Nord Stream 1 pipeline (which runs from Russia to Germany) last Wednesday, citing the need for maintenance on a compressor at Russia’s Portovaya station. On Saturday, Gazprom said Siemens Energy–which supplies and maintains equipment for the pipeline–was ready to enact repairs on a leak that was detected, but that there was nowhere available to carry out the work. Siemens said it had not been asked to do the job, and added that the leak did not constitute a technical reason to stop gas flows altogether.

Since late July, the Nord Stream 1 pipeline had been operating at 20% of its total capacity. While Europe faces rising inflation levels partly due to an energy supply crunch, Gazprom has not provided a date on which flows through the pipeline are expected to resume.

NASA scrubs launch of Artemis 1 for the second time in one week

NASA scrapped a second planned launch attempt for the Artemis 1 moon mission on Saturday due to a hydrogen fuel leak that was detected several hours before takeoff.

The decision marks the second time in a week that the launch of the Artemis 1 test flight–a mission to send an unmanned Orion capsule on a 42-day journey beyond the moon and back–has been postponed. According to NASA, the hydrogen leak that emerged during the fueling process Saturday couldn’t be contained despite multiple attempts to fix it, which led to the decision to abort the launch.

The agency hasn’t confirmed when its next launch attempt of Artemis I will be, but said it expects to have a better idea within a few days. NASA Administrator Bill Nelson said if the SLS rolls back into the Vehicle Assembly Building for repairs, the next launch attempt could occur in mid-to-late October.

Around the Globe

  • Police identified two suspects in stabbing attacks in the central Canadian province of Saskatchewan that left at least 10 dead and 15 others injured yesterday; residents were told to shelter in place under a dangerous person alert
  • Taiwan will purchase military equipment from the United States in a package worth about $1.1B that includes anti-ship and air-to-air missiles
  • Tens of thousands of people protested against the Czech government in Prague on Saturday, calling on the ruling coalition to bring energy prices under control while voicing opposition to the EU and NATO; police estimates put the number of demonstrators at around 70,000

On the Homefront

  • Bed Bath and Beyond CFO Gustavo Arnal died after falling 18 stories from the “Jenga Building” in New York City’s TriBeCa neighborhood; the company confirmed his passing yesterday afternoon
  • Seven people in Norfolk, Virginia–including students at Norfolk State University–were struck by gunfire at an off-campus location overnight on Sunday; two of the seven victims have died, according to Norfolk police
  • An E. coli outbreak centered in the Midwest that may have been linked to romaine lettuce at Wendy’s locations has expanded to the state of New York, according to the Centers for Disease Control and Prevention

Glitz & Games

  • Former President Barack Obama won an Emmy for narrating the Netflix documentary series Our Great National Parks; the show features national parks from around the world and is produced by Barack and Michelle Obama's production company
  • The Weeknd stopped his show during the third song at SoFi Stadium in Inglewood, California over the weekend due to problems with his voice; the singer then issued a statement saying he would “make it up” to the concert-goers with a new date
  • The first episode of Prime Video’s The Lord of the Rings: The Rings of Power was watched by more than 25M viewers around the world on its first day, according to Amazon; the figure marks a record debut for a Prime Video series

Business & Markets

  • Stocks reversed gains during mid-day trading on Friday after news broke of Russia’s Nord Stream 1 pipeline’s indefinite closure (Dow -1.07%, Nasdaq -1.31%, S&P 500 -1.07%)
  • Amazon has reportedly abandoned dozens of existing and planned facilities around the U.S. that total almost 25M square feet of usable space; the company has also delayed opening an additional 21 locations that total nearly 28M square feet, according to consulting firm MWPVL International Inc., which track’s Amazon’s real estate footprint
  • A National Cinema Day promotion that offered $3 movie tickets across the country drew in over 8M customers and generated $24.3M in ticket sales over the weekend, according to media analytics company Comscore

Tip & Tricks

  • Bump This: Harken back to the old days with the new Arctic Monkeys track “There’d Better Be A Mirrorball” off the band’s upcoming album The Car - listen on Apple Music and Spotify
  • Feel Good: Check out this video of 16-year-old Shane Hawkins stepping in for his late father Taylor on the drums for “My Hero” by the Foo Fighters at Wembley Stadium (and absolutely crushing it…wow)
  • Chow Down: If you plan to fire up the grill on your day off, browse through over 45 of the best backyard barbecue recipes brought to you by the Food Network
  • Nerd Out: Read up on how a piece of art generated by an AI program called Midjourney won first place at an art competition at the Colorado State Fair (it's no Mona Lisa, but still pretty impressive)
  • Say What: “Ladies and gentlemen, tonight we've gathered here to celebrate the life, the music, and the love of our dear friend, our bandmate, our brother Taylor Hawkins. For those of you who knew him personally, you know that no one else could make you smile or laugh or dance or sing like he could. And for those of you that admired him from afar, I'm sure you've all felt the same thing,” Foo Fighters frontman Dave Grohl said during the Taylor Hawkins Tribute Concert over the weekend
  • Hot Goss: Actress Jordana Brewster paid homage to Paul Walker during her wedding by driving off in blue '90s Acura Integra GS-R that her and Paul’s characters were seen driving in the original The Fast and the Furious from 2001
  • Life Hack: Good things may come to those who wait, but great things come to those who take initiative and do anything they can to make things happen

Looking Back…

On September 5th: Jack Kerouac's novel On the Road is published (1957); the first episode of The Muppet Show co-created by Jim Henson airs on television (1976); Sioux chief Crazy Horse dies (1877); singer Freddie Mercury is born (1946).

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