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Your Daily BriefOctober 4th, 2022 |
Good morning, and happy Tuesday! Did you know that popcorn was invented by the Aztecs thousands of years ago? Apparently, corn kernels helped lay the foundations for the Aztec Empire, and their language even has a word for the sound of many kernels popping at once–totopoca. Just a little something that may pop (get it?) into your head the next time you visit a movie theater! Anyway, here’s what we have for you:
In Today’s Brief
- Mexico: Orlene becomes a tropical storm after making landfall
- Hurricane Ian: U.S. death toll rises to at least 103
- Ringo Starr: Cancels seven dates of All Starr tour
- Rivian: On track to produce 25,000 electric vehicles this year
- Black Panther: Marvel releases new trailer for upcoming sequel to the 2018 film
- Top Tips: Kim Kardashian to pay $1.26M to settle cryptocurrency allegations; investigation finds history of systemic abuse in the National Women’s Soccer League; North Korea fires a test missile over Japan for the first time since 2017
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The SEC fines Kim Kardashian over her role in promoting a cryptocurrency
Kim Kardashian will pay $1.26M to settle allegations from the SEC that she failed to disclose money she was paid for promoting a cryptocurrency on her Instagram feed.
According to a press release from the Securities and Exchange Commission, Kardashian–who is reportedly worth $1.8B–was paid $250,000 to promote EMAX tokens from the online company EthereumMax on her Instagram. Per the SEC, Kardashian’s post contained a link to the EthereumMax website, which provided instructions on how to invest in the tokens. The Commission also said that Kardashian, without admitting to or denying the agency’s findings, agreed to give back the $250,000 she received and pay a $1M penalty on top of it.
SEC Chairman Gary Gensler said that Kardashian’s “case serves as a reminder to celebrities and others that the law requires them to disclose to the public when and how much they are paid to promote investing in securities.”
U.S. Soccer report shows systemic abuse in women’s league
Sexual misconduct and verbal and emotional abuse had “become systemic” in the National Women’s Soccer League, according to a report released yesterday.
Per the report of the investigation conducted by former U.S. Deputy Attorney General Sally Q. Yates, the National Women’s Soccer League (NWSL) is “a league in which abuse was systematic. Verbal and emotional abuse and sexual misconduct occurred at multiple teams, was perpetrated by several coaches and affected many players.” On top of detailing and providing examples of the abuse, the report also said that the NWSL, its teams, and U.S. Soccer failed to implement measures for player safety or “respond appropriately” when players came forward and provided evidence of abuse.
U.S. Soccer President Cindy Parlow Cone called the investigation’s findings “heartbreaking and deeply troubling” in a statement following the report’s publication, adding that the organization is taking “immediate action” to “create meaningful, long-lasting change throughout the soccer ecosystem.”
North Korea fires a test missile over Japan for the first time in five years
The Japanese government suspended trains and told citizens to take cover after North Korea fired a ballistic missile over Japan this morning.
In the first “J-alert” since 2017 when North Korea fired missiles twice over the country in a span of weeks, Japanese authorities alerted residents in northeastern regions to evacuate to shelters. The Japanese government also suspended trains in the Hokkaido and Aomori regions until it issued a subsequent notice that the missile appeared to have landed in the Pacific. Defense Minister Yasukazu Hamada said the missile’s range of 2,800 miles (estimated) is believed to be the longest distance traveled for a North Korean test flight.
In a statement following the launch, National Security Council spokesperson Adrienne Watson said, “The United States will continue its efforts to limit [North Korea’s] ability to advance its prohibited ballistic missile and weapons of mass destruction programs, including with allies and U.N. partners.”
Around the Globe
- Swedish geneticist Svante Paabo was awarded the Nobel Prize in Physiology or Medicine “for his discoveries concerning the genomes of extinct hominins and human evolution” - see the schedule and categories of Nobel Prizes being given this week here
- Brazil’s environment ministry is conducting an investigation over a couple who allegedly contaminated the Queima Pe River to turn its waterfall blue in a gender reveal stunt; the river is a primary water source for the nearby central-west town of Tangara da Serra, per the ministry
- Hurricane Orlene weakened into a tropical storm after it made landfall in the southwest part of Mexico yesterday as a Category 1 storm, according to the National Hurricane Center (NHC) - see the NHC’s update here
On the Homefront
- At least 103 U.S. storm-related deaths have been confirmed since Hurricane Ian made landfall in the United States, according to state authorities in affected areas
- Former President Donald Trump filed a lawsuit against CNN in federal court in Florida for defamation; the former president is seeking $475M in punitive damages, according to the lawsuit - see the filing here
- Satirical online publication The Onion filed an amicus brief with the Supreme Court in support of Anthony Novak, who was arrested and jailed for four days after running a Facebook page parodying the police department of Parma, Ohio in 2016 - see the amicus brief here
Glitz & Games
- YG Entertainment, the management company behind South Korean girl group Blackpink, has requested that police launch an official investigation into leaked personal, non-explicit photos of band member Jennie
- Chicago White Sox manager Tony La Russa, 78, announced at a news conference that he is stepping down from his role with the team due to health concerns
- Ringo Starr, 82, tested positive for Covid-19 and canceled seven dates of the North American leg of his All Starr tour, according to a statement from the band - see the band’s statement here
Business & Markets
- Major indexes in the stock market closed higher on the first trading day of Q4 of this year, with the Dow Jones Industrial Average gaining 765 points (Dow +2.66%, Nasdaq +2.27%, S&P 500 +2.59%)
- Electric-vehicle maker Rivian Automotive (NASDAQ: RIVN) said production grew 67% to over 7,000 vehicles in Q3 of this year and confirmed that it’s on track to produce 25,000 vehicles in 2022; shares of the company rose about 7% in after-hours trading
- Meta has settled a U.S. lawsuit against two companies, BrandTotal Ltd. and Unimania Inc., that engaged in data scraping operations that saw them gather data from Facebook and Instagram users for marketing intelligence purposes - see the original complaint Facebook filed in October 2020 here
Tip & Tricks
- Sneak Peek: Watch the latest trailer for Marvel Studios’ upcoming film Black Panther: Wakanda Forever that introduces the character Namor to the MCU (warning: it’s even more epic than the first)
- Bump This: Ed Sheeran is back with his new stadium-ready single “Celestial” that is guaranteed to start your day with uplifting vibes - listen on Apple Music and Spotify
- Go Deep: Read about a study published in the Journal of Neuroscience that shows how particular nerves in the brains of "SuperAgers" were much larger compared to their peers with average cognitive capabilities (see the published research article here)
- Cash Grab: Check out these photos of Denver’s most expensive home, a 16,400 sq. ft. modern residence which can be yours for just under $28.888M (the string of eights in the listing price reflects the lucky number in Japanese culture that symbolizes growing prosperous)
- Say What: “I had a very big crush on Johnny early on. I was so not even hiding it. He has such swagger. We were both dating people at the time, but I only had eyes for Johnny. Then, when I found out he had eyes for me too, I was like, Uh-oh, this is going to be trouble,” actress Kaley Cuoco said in the upcoming book The Big Bang Theory: The Definitive, Inside Story of the Epic Hit Series
- Hot Goss: Ukrainian President Volodymyr Zelensky and other diplomatic leaders responded to Elon Musk on Twitter after the Tesla and SpaceX CEO posted tweets urging Ukraine to remain neutral amid Russia’s invasion and to cede Crimea for good - see the tweets here
- Life Hack: Taking small measures in your day-to-day routine can help prevent cognitive decline in later years - check out these three everyday strategies to improve your brain health
Looking Back…
On October 4th: The Soviet Union launches Sputnik 1, the first artificial satellite which orbited Earth until 1958 and ushered in the space age (1957); the Gregorian calendar is introduced (1582); American singer Janis Joplin dies of an accidental heroin overdose (1970); Austrian actor Christoph Waltz is born (1956).
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