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Your Daily BriefOctober 7th, 2022 |
Good morning, and happy Friday! Did you know that the first phonebook only had 50 names in it, was one page long, and didn’t contain any actual phone numbers? Considering the hundreds–if not thousands–of contacts we have saved in our smartphones at any given time nowadays, it’s amazing to think about how far we’ve come since then! Anyway, while you get ready to attack the day, here’s what we have for you:
In Today’s Brief
- South Korea: Conducting joint maritime drills with the U.S. starting today
- Elon Musk: Must close Twitter deal by October 28th to avoid trial
- Adidas: Puts partnership with Kanye West under review
- Peloton: Cutting 12% of its total workforce
- Nautilus: Dutch yacht builder unveils yacht that doubles as a submarine
- Top Tips: Attack beginning at Thai daycare leaves at least 37 dead; President Biden issues pardons to thousands convicted of simple marijuana possession; Jeremy Bertino becomes first Proud Boys member to plead guilty to seditious conspiracy
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At least 37 killed in attack beginning at a daycare center in Thailand
A gunman who carried out an attack on a childcare center in Thailand and fired from his car as he fled killed at least 37 people yesterday, according to authorities.
Police identified the assailant as 34-year-old former police officer Panya Kamrap, who, according to an interview he gave with a local news station earlier this year, was let go from the force because of drug-related offenses. Police Major General Achayon Kraithong said the attack occurred in the afternoon in the town of Nong Bua Lam Phu, and that Kamrap used multiple weapons including a handgun, a shotgun, and a knife. Per Thai police, Panya also killed his wife and child after arriving home, then proceeded to take his own life.
Per a statement from authorities, at least two dozen of those who lost their lives were children. In terms of casualties, it is the deadliest mass shooting in the country’s history.
President Biden pardons thousands convicted of marijuana possession
President Joe Biden pardoned all people convicted of “simple possession of marijuana” under federal law yesterday.
In a White House statement announcing the decision, President Biden said he has directed the Attorney General to develop an administrative process for eligible individuals to be issued certificates of pardon, adding that “thousands of people who have prior Federal convictions for marijuana possession…may be denied employment, housing, or educational opportunities as a result.” The President also called on all Governors to issue pardons for state offenses, saying that “no one should be in a local jail or state prison” for the possession of marijuana.
Per a White House official, the pardons will impact over 6,500 individuals across the country, with thousands more in Washington, D.C. President Biden also said his administration intends to review whether marijuana should still be federally classified as a Schedule 1 drug as it currently is in the Controlled Substances Act.
Proud Boys member pleads guilty to seditious conspiracy
A member of the Proud Boys pleaded guilty to seditious conspiracy yesterday for his role in events that transpired at the U.S. Capitol on January 6th, 2021.
According to a press release from the Justice Department, Jeremy Bertino pleaded guilty in Washington, D.C. to seditious conspiracy and to a charge of unlawful possession of a firearm that stemmed from a court-authorized search of his residence in March of this year. Bertino is the first Proud Boys member to plead guilty to the charge in connection with the Jan. 6th incident at the U.S. Capitol. In June, five other members of the Proud Boys–including former national chairman Enrique Tarrio–were indicted on seditious conspiracy charges, and each is currently awaiting trial after pleading not guilty.
Per the Justice Department, Bertino faces a maximum sentence of 20 years in prison for seditious conspiracy and up to 10 years for the firearms charge.
Around the Globe
- The Nobel Prize Committee awarded French writer Annie Ernaux the Nobel Prize in Literature for “the courage and clinical acuity with which she uncovers the roots, estrangements and collective restraints of personal memory” - Ernaux is the first French literature laureate since Patrick Modiano in 2014
- South Korea and the United States will conduct joint maritime drills involving the U.S. aircraft carrier USS Ronald Reagan in waters off the country’s east coast today through tomorrow, according to a statement from South Korea’s military; the drills come the same week that North Korea fired three ballistic missiles towards Japan
- Indonesia’s police chief said that six individuals are facing criminal charges in the country over last weekend’s stadium stampede that left at least 131 dead following a soccer match
On the Homefront
- A Delaware judge granted Tesla and SpaceX CEO Elon Musk’s request to stay an upcoming trial with Twitter, giving him until October 28th to close a $44B merger deal with the social media company
- The Biden administration announced yesterday that the U.S. will begin screening all travelers, including U.S. citizens, coming from Uganda for the Ebola virus, effective immediately
- An NYPD vehicle responding to an emergency call injured 10 people, including two children, when it crashed into several pedestrians on a street corner in the Bronx yesterday around 3 PM local time, according to a statement that NYPD Chief of Patrol Jeffrey Maddrey gave to reporters
Glitz & Games
- Adidas said that it has placed its partnership with rapper and fashion designer Kanye West which began in 2013 under review; the announcement comes less than one month after West’s Yeezy brand ended its partnership with Gap
- Independent music publisher Primary Wave Music has acquired late musician Joey Ramone’s music publishing catalog for around $10M; the deal is reportedly part of a $2B partnership between Primary Wave Music and Brookfield Asset Management
- Former Real Housewives personality and entrepreneur Bethenny Frankel filed a lawsuit against TikTok for allegedly allowing scammers to use her “image and likeness” to promote counterfeit products on the platform
Business & Markets
- Major indexes in the stock market closed lower yesterday, with the Dow Jones Industrial Average leading losses (Dow -1.15%, Nasdaq -0.68%, S&P 500 -1.02%)
- Home fitness company Peloton is cutting 500 jobs–or about 12% of its workforce–to reverse six consecutive quarters of losses; it is the company’s fourth round of layoffs this year
- Porsche became the most valuable automaker in Europe one week after its initial public offering when its market capitalization passed that of its parent company Volkswagen; Porsche’s market cap reached 82.7B euros yesterday, while Volkswagen’s sat at 78.6B
Tip & Tricks
- Sneak Peek: Check out the official teaser trailer for the upcoming film The Super Mario Bros. Movie (you won’t hear Chris Pratt say, “It’s-a me, Mario!” unfortunately, but it’s still pretty cool and will give you a laugh or two)
- Bump This: Charlie Puth sings about relationship anxiety over distorted electric guitars in the new earworm “Charlie Be Quiet!” - listen on Apple Music and Spotify
- Nerd Out: Google announced its new Pixel 7 and Pixel 7 Pro phones at the company’s Made by Google event in New York City yesterday, along with its Pixel Watch - take a look and tell us if you think the company’s first smartwatch is worth the starting price of $350
- Go Deep: Dutch yacht builder U-Boat Worx has unveiled the design of the Nautilus, a $25M superyacht that doubles as a submarine and helps passengers counter seasickness by diving underwater - see the company’s press release here (has anyone else out there read Twenty Thousand Leagues Under the Sea by Jules Verne?)
- Say What: “I was at a point when I was like, ‘I’m walking away from this business.’ I didn’t know if I could make another movie period, [let alone] another Black Panther movie, because it hurt a lot. I was like, ‘Man, how could I open myself up to feeling like this again?’” director Ryan Coogler said in a cover story with Entertainment Weekly regarding making Black Panther: Wakanda Forever after actor Chadwick Boseman’s passing
- Hot Goss: Convicted fraudster Anna Sorokin aka “Anna Delvey” (who the Netflix series Inventing Anna is based on) is being released from federal prison on a $10,000 bail bond, and will be required to remain in 24-hour home confinement with electronic monitoring and no access to social media
- Life Hack: “People-pleasing” often comes at the expense of our own wants, needs, and well-being - check out these tips to help you stop people-pleasing behavior while being kind to yourself in the process
Looking Back…
On October 7th: American forces defeat British loyalists at the Battle of Kings Mountain during the Revolutionary War (1780); crime thriller The French Connection has its world premieres in New York City and Los Angeles (1971); writer and poet Edgar Allan Poe dies in Baltimore, Maryland (1849); cellist Yo-Yo Ma is born (1955).
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