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- Mass school shooting avoided, Pee-wee Herman passes, and a brave mom.
Mass school shooting avoided, Pee-wee Herman passes, and a brave mom.
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Business & Economy
Daily stock market update
U.S. stock markets closed higher on Tuesday (S&P +0.15%, Nasdaq +0.21%, Dow +0.28%). (More)
Banks expect to tighten loan standards for rest of 2023
Banks tightened their lending standards in the second quarter and expect that to continue for the rest of 2023, according to a survey of loan officers conducted by the Federal Reserve. The bank officers cited multiple reasons for the tightening, including an uncertain economic outlook, the increasing likelihood that loan holders won’t repay their current debts, and capital issues like deposit outflows. (More)
Former Bed Bath & Beyond investor Ryan Cohen must face emoji-inspired shareholder suit
A U.S. Judge ruled that billionaire and former Bed Bath & Beyond investor Ryan Cohen can be sued by investors over a tweet he posted with an emoji that seemed to indicate the company’s stock price would skyrocket. Cohen bought a large stake in the company in 2022, tweeted a smiley moon emoji as a signal he believed the stock was “headed to the moon”, then exited his position after the stock shot up 200%. After Cohen revealed that he sold his shares, which netted him $68 million, the stock price plummeted. The retailer filed for bankruptcy this year leaving many investors with losses. (More)
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US News, Politics, & Government
Memphis, Tennessee, police shoot suspect after he fired shots outside Jewish school
Memphis police shot a suspect after he attempted to enter a Jewish school and started shooting after he couldn’t get past the security doors. Police caught up with him after he fled the scene and shot him when he got out of his truck holding a firearm. Police say the school’s tight security measures likely prevented a mass shooting. (More)
Lori Vallow Daybell is sentenced to multiple life terms for killing her children
Lori Vallow Daybell was sentenced to multiple fixed life terms in prison without parole for murdering two of her children and conspiring to murder a romantic rival. The children were last seen in September in 2019, shortly after she married Chad Daybell. Authorities found their bodies in June 2020 on property belonging to her new husband. He will be tried separately in 2024. (More)
Biden decides to keep Space Command in Colorado, rejecting move to Alabama
President Biden has decided to keep U.S. Space Command headquarters in Colorado, overturning a decision by the Trump administration to move it to Alabama. Insiders said that head of Space Command, Gen. James Dickinson convinced Biden that moving his headquarters now would jeopardize military readiness. Alabama lawmakers will fight to see the move through. (More)
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World
Unesco recommends adding Venice to endangered list
The iconic Italian city is at risk of "irreversible" damage from tourism, overdevelopment, and rising sea levels due to climate change, according to a report from Unesco. The agency blames the city for lacking a strategic vision to protect the city. However, Venice officials claim that Unesco only criticizes and doesn’t provide funding to make changes. (More)
Protests erupt in Bulgaria after attacks on woman by ex-partner deemed ‘mild’
Thousands of Bulgarians are protesting violence against women after a court brushed off a serious abuse case brought by a teenager. An 18-year-old said her ex-boyfriend cut her hundreds of times, broke her nose. and shaved off her hair. But the court hearing the case deemed the injuries “light” and did not order the detention of her ex. Authorities have since detained the man after receiving public pressure. (More)
At least eight dead following alleged revenge attack by São Paulo police
Authorities in Brazil called for an investigation after a police operation in Sao Paulo state left at least eight people dead. 600 police officers were deployed in response to the killing of an officer by drug traffickers last Thursday. Residents reported threats and cases of torture from police while they searched for the killer, who was detained on Sunday. (More)
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Sports & Entertainment
Damar Hamlin reaches 'another milestone on the journey' after cardiac arrest: practicing in pads
Buffalo Bills safety Damar Hamlin practiced in pads for the first time since going into cardiac arrest during a game last year. Hamlin took a hit on a play against the Cincinnati Bengals and needed to be resuscitated on the field. (More)
Paul Reubens, actor best known as Pee-wee Herman, dies at 70
Paul Reubens, the actor best known as Pee-wee Herman, died on Monday after a cancer diagnosis. He was 70. Reubens battled the disease without telling the public for 6 years. (More)
Angus Cloud, star of HBO's 'Euphoria,' dies at 25
Angus Cloud, a fan favorite from HBO’s “Euphoria” series has died at 25. Cloud buried his father a week ago and “intensely struggled” with the loss, his family said. The cause of death is not yet known. (More)
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Science, Health, & Tech
Greater numbers of women are dying of alcohol-related conditions, study finds
Deaths related to excessive alcohol consumption are rising the U.S., especially among women. Drinking is still killing more men than women but the rate of alcohol-related deaths is rising faster among women, according to a report on the JAMA network. Researchers believe women are drinking more due to factors like the normalization of alcohol use in society and stress related to today’s hardships. (More)
First U.S. nuclear reactor built from scratch in decades enters commercial operation in Georgia
A new reactor at a nuclear power plant in Georgia has entered commercial operation, becoming the first new American reactor built from scratch in decades. The unit can power 500,000 homes and businesses. Utilities in Georgia, Florida, and Alabama are receiving the electricity. (More)
Promising new Alzheimer’s drugs may be less effective for Black patients
New treatments for Alzheimer’s disease that works by removing a toxic protein called beta amyloid from the brain may benefit whites more than Black Americans, whose disease may be driven by other factors. Prospective Black volunteers - who have the highest rate of Alzheimer’s in the U.S. - were screened out at a higher rate during trials because they did not have enough amyloid in their brain. The issue is forcing researchers to consider how the disease manifests differently in diverse populations. (More)
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Bonus Material
A mother scared a cougar off while it was attacking her child.
50 Vietnam Vets receive Bronze Stars after 50 years.
Mapped: The world’s most popular baby names.
How to cool down your garage during the summer.
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