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Your Daily BriefOctober 26th, 2022 |
Good morning, and happy Wednesday! Did you know that our solar system’s planet Uranus was originally named George? Apparently, amateur astronomer William Herschel first observed that it was a planet instead of a star, resulting in King George III appointing him as the official Court Astronomer. Herschel named the planet after the king, and it wasn’t until 1850 that its name was officially changed to Uranus...but that's a whole other story. Anyway, here’s what we have for you:
In Today’s Brief
- Rishi Sunak: Prime Minister names cabinet
- Hawaii: Couple indicted in Semisub scheme
- DC Studios: Appoints co-CEOs
- Amazon: Accepting Venmo payments
- Marvel: New trailer released
- Top Tips: Adidas parts ways with Ye, Ruth Bader Ginsburg gets a postage stamp, Moscow court upholds Brittney Griner’s conviction
Adidas ends partnership with Kanye West
Adidas has ended its partnership with Ye–the rapper and fashion entrepreneur formerly known as Kanye West–following a series of remarks he made about Jewish people.
The announcement comes less than three weeks after Adidas’ collaboration with West’s brand Yeezy was put under review. In a statement published yesterday, Adidas said it “does not tolerate antisemitism and any other sort of hate speech,” adding that the rapper and fashion entrepreneur’s recent comments “violate the company’s values of diversity and inclusion, mutual respect and fairness.” Adidas also said that in addition to terminating the partnership, it will “end production of Yeezy branded products and stop all payments to Ye and his companies.”
After Adidas published its announcement, Gap and Foot Locker said they would also remove Yeezy products from their stores. Due to the Adidas deal termination, Forbes stated that West “no longer has a place” on its billionaire list and estimates his worth to be about $400M.
US Postal Service unveils Justice Ruth Bader Ginsburg postage stamp
The US Postal Service announced that the late Supreme Court Justice Ruth Bader Ginsburg will be featured on a new postage stamp next year.
Appointed by President Bill Clinton in 1993, Ginsburg died in 2020 at age 87 after sitting on the Supreme Court for 27 years. At the time of her death, she was the longest-serving female Supreme Court Justice. According to a press release from USPS, the stamp “features an oil painting of Justice Ginsburg facing the viewer in her black judicial robe with an intricate white collar.” USPS also said, “Art director Ethel Kessler designed the stamp with art by Michael J. Deas, based on a photograph by Philip Bermingham.”
While USPS said the stamp will be available in 2023, it hasn’t announced a specific date for its release. According to USPS, other stamps in its upcoming 2023 collection include designs of Native American Chief Standing Bear, author Toni Morrison, and artist Roy Lichtenstein.
Russian court rejects WNBA player Brittney Griner’s appeal
A Moscow court rejected Brittney Griner’s appeal of her nine-year prison sentence for drug possession that was handed down in August.
During the appeal hearing, the court rejected arguments from Griner’s attorneys that her nine-year sentence was excessive and unjustified under Russian law. U.S. National Security Advisor Jake Sullivan called yesterday’s hearing a “sham judicial proceeding” in a White House statement, adding that “the Biden-Harris administration has continued to engage with Russia through every available channel and make every effort to bring home Brittney as well as to support and advocate for other Americans detained in Russia.”
In its ruling, the court said that Griner’s prison time will be recalculated with her pre-trial detention time taken into account. One day in pre-trial detention will count as 1.5 days in prison, per the court, meaning the WNBA player will serve about eight years unless the U.S. and Russia agree on a potential prisoner swap.
Around the Globe
- King Charles III officially appointed Rishi Sunak as Prime Minister of the United Kingdom yesterday; Sunak announced several members of his cabinet throughout the day, including Jeremy Hunt as chancellor of the Exchequer and Suella Braverman as home secretary
- Russia notified the United States that it plans to carry out scheduled annual nuclear drills, according to a report from the U.S. government yesterday
- An Iranian man named Amou Haji who didn’t bathe for over 50 years passed away at age 94, months after having his first wash in decades; according to reports from local media, Haji had refused to use soap and water in fear that it would make him sick
On the Homefront
- Former US Secretary of Defense Ashton Carter, who served in the final two years of Barack Obama’s presidency, passed away at age 68 due to a “sudden cardiac event,” according to a statement from his family
- A Hawaii couple is facing criminal charges for allegedly defrauding investors out of $28M with false claims about building a watercraft that could partially submerge to give passengers underwater views; per a Justice Department filing, the couple used the money for luxury homes, a Mercedes-Benz, vacations, psychics, and marijuana
- The House panel investigating events on January 6th, 2021 has interviewed former White House aide Hope Hicks, according to sources familiar with the matter; the interview comes two days after the panel issued a subpoena to former President Trump for an interview
Glitz & Games
- Director James Gunn and manager-producer Peter Safran have been hired as co-chairs and co-CEOs of DC Studios, which will oversee DC properties in film, TV, and animation for Warner Bros. Discovery; Gunn and Safran are scheduled to begin their roles on November 1st
- The NFL suspended Kansas City Chiefs defensive end Frank Clark for two games for violating the league’s policy on personal conduct; Clark pleaded no contest in September to two counts of misdemeanor possession of an assault weapon and was sentenced to one year of probation and 40 hours of community service
- Former Grey's Anatomy actor Jesse Williams is joining the cast of the Hulu original Only Murders in the Building for the series’ upcoming third season
Business & Markets
- Stocks closed higher for the third consecutive day, with the tech-heavy Nasdaq leading yesterday's gains (Dow +1.07%, Nasdaq +2.25%, S&P 500 +1.63%)
- Tesla and SpaceX CEO Elon Musk notified co-investors and bankers who committed to help fund his $44B acquisition of Twitter that he plans to close the deal to purchase the social media firm by Friday, according to sources familiar with the matter
- Amazon announced that all U.S. customers will be able to use Venmo to pay for purchases through its website and app by Black Friday (November 25th) - see Venmo parent company PayPal’s press release on the partnership here
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Tip & Tricks
- Sneak Peek: Check out the official trailer for Marvel’s Ant-Man and the Wasp: Quantumania featuring some killer special effects and an updated version of Elton John’s “Goodbye Yellow Brick Road”
- Bump This: Country singer Jordana Bryant delivers a catchy ode to butterflies and misguided youth in her new track “Bad Relationships” - listen on Apple Music and Spotify
- Cash Grab: If you’re a college football fan and love beans, Bush’s Beans is willing to pay $20K for you to become the company’s first-ever Chili Commissioner and host a tailgate at the SEC Championship game (dream job alert–also, “Chili Commissioner” would look great on a resume)
- Go Deep: Browse through several images of famous cartoons with real body proportions that Egyptian artist Mohamed Halawany created using Adobe Photoshop and Illustrator
- Say What: “When our competitors are raising their prices, that is really good for us,” Spotify founder-CEO Daniel Ek said during a conference call following the company’s latest earnings report in reference to Apple raising its subscription prices (please, Daniel, if you’re reading this…don’t)
- Hot Goss: Malcolm in the Middle actor Frankie Muniz revealed in a recent interview that former co-star Bryan Cranston has reportedly been working on writing a script and getting the cast together for a possible reunion
- Life Hack: Working with people who frustrate you is a part of life, but it also presents unique opportunities for connection if approached the right way - learn about the eight types of difficult people and some strategies to help you navigate those relationships
Looking Back…
On October 26th: The shootout at the O.K. Corral in Tombstone, AZ takes place (1881); South Korean President Park Chung Hee is assassinated by lifelong friend Kim Jae Kyu, head of the Korean Central Intelligence Agency (1979); action thriller The Terminator is released in the United States (1984); writer, animator, actor, and producer Seth MacFarlane is born (1973).
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