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Your Daily BriefOctober 6th, 2022 |
Good morning, and happy Thursday! Did you know that the longest name of a place in the world belongs to a hill in New Zealand called Taumata whakatangi hangakoauau o tamatea turi pukakapiki maunga horo nuku pokai whenua kitanatahu? The name is a whopping 85 letters long, and apparently, locals simply call it Taumata Hill. Imagine filling that whole thing out on your driver’s license! Anyway, here’s what we have for you:
In Today’s Brief
- OPEC Plus: Cutting oil production by 2M barrels per day starting in November
- Florida: President Biden meets with Governor Ron DeSantis in Fort Myers following Hurricane Ian
- Depeche Mode: Announces upcoming tour and first album in over five years
- Ford: Increasing entry-level price of F-150 Lightning pickup for the second time in two months
- Aaron Judge: Fan who caught 62nd home run ball offered $2M
- Top Tips: North Korea launches another ballistic missile toward its eastern waters; family of late cinematographer Halyna Hutchins reaches a settlement agreement with Alec Baldwin; U.S. Air Force & Army release implementation plans to reduce emissions
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North Korea fires another ballistic missile toward Japan
South Korean military officials said that North Korea launched another ballistic missile early this morning toward its eastern waters in Japan’s direction.
The launch comes two days after North Korea fired an intermediate-range missile over Japan for the first time since 2017, prompting the Japanese government to suspend trains in the Hokkaido and Aomori regions and to tell some citizens to seek shelter as part of a “J-alert.” North Korea has executed six rounds of weapons firings in a span of 12 days, and U.S. Defense Department officials said the United States planned to send a nuclear-powered aircraft carrier to the waters near the Korean Peninsula in response. While South Korea’s Joint Chiefs of Staff said the launch took place Thursday morning, they didn’t give any further details.
Japan’s coast guard said North Korea may also have fired a second missile this morning, adding that they both appeared to have landed.
Alec Baldwin reaches settlement with family of cinematographer killed on film set
The family of cinematographer Halyna Hutchins, whom Alec Baldwin shot and killed on the set of the film Rust, has agreed to settle a lawsuit against Baldwin and the film’s producers.
In a statement issued yesterday, Matthew Hutchins–the late cinematographer's widower–said, “We have reached a settlement, subject to court approval, for our wrongful death case against the producers of Rust including Alec Baldwin. As part of that settlement, our case will be dismissed.” Hutchins added that production will resume in January 2023 and that, as part of the settlement, he will now serve as one of the film’s executive producers.
The wrongful death lawsuit that Hutchins’ family filed claimed the film’s producers “failed to perform industry-standard safety checks and follow basic gun safety rules while using real guns,” which resulted in “fatal consequences.” Meanwhile, Baldwin–who was also a producer on the film–has claimed in interviews that he did not pull the trigger.
U.S. Air Force & Army announce plans to reach net-zero emissions
The U.S. Air Force and the Army released climate-focused plans yesterday, with the former seeking to operate bases at net-zero emissions by 2046.
In a statement released along with the Air Force’s plan, Secretary of the Air Force Frank Kendall said, “Our mission remains unchanged, but we recognize that the world is facing ongoing and accelerating climate change and we must be prepared to respond, fight, and win in this constantly changing world.” Kendall also acknowledged that of all the U.S. military services, the Air Force produces the largest amount of greenhouse gases.
Along with the Air Force, the Army also released an implementation plan that includes making targeted investments to modernize its infrastructure, such as increasing the number of localized electrical systems called microgrids that can reduce costs at its bases by using renewable energy.
Around the Globe
- Scientists Carolyn R. Bertozzi and K. Barry Sharpless of the United States and Morten Meldal of Denmark were jointly awarded this year’s Nobel Prize in chemistry “for the development of click chemistry and bioorthogonal chemistry” - watch the announcement of the prize here
- The OPEC+ alliance announced that it would cut oil production by 2M barrels per day starting in November in order to boost prices; the figure represents the largest cut in global oil production since the start of the Covid-19 pandemic
- A man caused damage to two ancient Roman busts by knocking them off their pedestals in the Vatican Museums’ Chiaramonti Hall yesterday before he was stopped by staff and placed under arrest, according to a source familiar with the matter
On the Homefront
- Private employers in the U.S. added 208,000 jobs in September with services such as trade, transportation, and utilities accounting for 147,000 of the total, according to the latest National Employment Report from private payroll firm ADP - see ADP’s report here
- President Joe Biden met with Florida Governor Ron DeSantis during a trip to Fort Myers, Florida to survey damage from Hurricane Ian, which made landfall as a Category 4 storm last week
- The national murder rate stayed flat in 2021 after increasing by 29.4% in 2020, according to a new FBI report on crime statistics; the FBI estimates that violent crime decreased by 1% nationally from 1,326,600 incidents in 2020 to 1,313,200 in 2021, per the report
Glitz & Games
- The band Depeche Mode said it has scheduled live shows and a new album titled Memento Mori–its first in over five years–to be released in the spring of 2023; the announcement comes months after the death of founding member Andy “Fletch” Fletcher in May
- Running back Brian Robinson Jr. returned to practice with the Washington Commanders after recovering from two gunshot wounds to his right leg that he suffered in August, per an announcement from the team - see the announcement here
- Host and television personality Ryan Seacrest will receive a Luminary Award for Career Achievement from the Los Angeles Press Club during the organization’s 15th annual National Arts & Entertainment Journalism Awards gala on December 4th
Business & Markets
- Major stock market indexes ended slightly below neutral levels after beginning yesterday’s trading session with losses (Dow -0.14%, Nasdaq -0.25%, S&P 500 -0.20%)
- Amazon said yesterday that it is investing in outside venture capital funds for the first time and that the company plans to inject $150M into over 10 funds supporting about 200 companies with underrepresented founders through 2023
- Ford is increasing the entry-level price of its electric F-150 Lightning pickup by $5K for the 2023 model year due to rising costs and supply chain issues; the move comes less than two months after the company announced price increases of between $6K and $8.5K on the Lightning, depending on the model
Tip & Tricks
- Bump This: Tap your foot to the funky bass line in Colombian singer Maluma’s new single “Junio” - listen on Apple Music and Spotify
- Chow Down: Satisfy your cozy fall cravings with this recipe for creamy butternut squash soup that you can make with less than 10 ingredients (if you make enough, you can enjoy it throughout the entire week!)
- Belly Laugh: The National Park Service has kicked off Fat Bear Week, a “march madness” style competition where you can vote which bear in Alaska’s Katmai National Park gained the most weight after emerging from hibernation this summer - see the bracket of bears and cast your vote on which one you think should be crowned Fat Bear Week 2022 Champion here (now this is a competition we can get behind)
- Cash Grab: JP Cohen, president of California-based sports memorabilia auction house Memory Lane Inc., has reportedly offered $2M to Cory Youmans, the fan who caught Aaron Judge’s American League-record 62nd home run ball
- Say What: “Buying Twitter is an accelerant to creating X, the everything app,” Elon Musk said in a tweet after he agreed to proceed with his acquisition of Twitter for $44B (“the everything app” sounds a bit cryptic, but we’ll just have to wait and see what he means)
- Hot Goss: Angelina Jolie submitted a court filing alleging that then-husband Brad Pitt grabbed her by the head and shook her on a 2016 flight, then choked one of their children and struck another when they attempted to defend her
- Life Hack: Taking five minutes before bedtime to write out your to-do list for the next day may help you fall asleep faster and approach the next morning with clear intention
Looking Back…
On October 6th: Harry Truman delivers the first televised Presidential address from the White House (1947); the sound era of motion pictures begins with the premiere of The Jazz Singer in New York City (1927); Michael Jordan retires from professional basketball, only to return in March 1995 (1993); American actor Jesse Eisenberg is born (1983).
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