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Nuclear Nation, Billy Joel, & Dog Rescue
News without the noise
Good morning! The weekend edition is 744 words, a 3-minute read.
What’s on tap:
Boeing avoids criminal prosecutions for crashes
Congressional candidate campaigns in a helpful way
Cicada map
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*Editor’s Note: I’ll be off Monday to celebrate Memorial Day. The next edition will be in your inbox on Tuesday morning. Enjoy the long weekend!
Today’s Big Story
Nuclear Nation
POTUS signed four executive orders Friday that slash nuclear regulatory timelines, allow reactors on federal land, and expand uranium mining.
The most significant change requires the Nuclear Regulatory Commission to approve new reactor licenses within just 18 months. That's a dramatic acceleration from the current process, which can take more than a decade to complete.
The push comes as America faces an energy crunch driven by artificial intelligence. A new report projects electricity demand will spike 25% by 2030 and a staggering 78% by 2050, largely from data centers powering AI systems.
Even with streamlined approval, actual construction will take years to meet surging demand. Nuclear power offers carbon-free baseload energy but comes with waste disposal challenges and safety risks that solar and wind don't face.
Earlier Friday, Trump rattled global markets by threatening massive new tariffs via social media - 50% on all European Union imports and 25% on smartphones unless they're made in America. The threats would hit EU allies with higher tariffs than China, whose rates were just cut to 30% this month.
Saturday’s Quick Hits
Music executive Dave Shapiro, 42, died in a San Diego plane crash Thursday along with two employees. He co-founded Sound Talent Group in 2018, representing bands like Pierce The Veil and Sum 41. A Billboard "30 Under 30" honoree, Shapiro championed independent musicians and helped alternative bands reach mainstream audiences. (More)
Billy Joel canceled all upcoming concerts after being diagnosed with normal pressure hydrocephalus, a brain disorder affecting hearing, vision, and balance. Recent performances worsened the condition. The "Uptown Girl" singer is undergoing physical therapy and can't perform during recovery, though representatives promise he'll return to the stage eventually. (More)
Boeing reached a deal with the Justice Department to avoid criminal prosecution for allegedly misleading regulators about the 737 Max before two crashes killed 346 people. Boeing will pay over $1.1 billion, including $445 million for victims' families, in exchange for dismissing fraud charges. Many families wanted a public trial instead. (More)
Nearly a decade after Kim Kardashian's Paris hotel robbery, eight defendants were found guilty Friday by a panel of judges and jurors. Five masked men posing as police officers stole $6 million in valuables, including a $4 million diamond engagement ring from Kanye West. Two defendants were acquitted, and all have 10 days to appeal. (More)
Michail Chkhikvishvili, alleged leader of the neo-Nazi "Maniac Murder Cult," was extradited to the US and arraigned Friday in Brooklyn federal court. The Georgian national faces charges for soliciting multiple killings worldwide, including Nashville's Antioch High School shooting that killed one student. (More)
President Trump approved the US Steel and Nippon Steel merger Friday after Biden blocked it on national security grounds. The deal promises 70,000 jobs and $14 billion for the U.S. economy, with headquarters staying in Pittsburgh. U.S. Steel shares surged 20% after the announcement.
Measles cases reached 1,046 across 30 states as the virus continues spreading nationwide, according to CDC data updated Friday. Infectious disease experts believe the US will likely surpass 2019's total of 1,274 cases, which took a full year to accumulate. This year's count is the second highest in 25 years. (More)
The key to a $1.3T opportunity
A new trend in real estate is making the most expensive properties obtainable. It’s called co-ownership, and it’s revolutionizing the $1.3T vacation home market.
The company leading the trend? Pacaso. Created by the founder of Zillow, Pacaso turns underutilized luxury properties into fully-managed assets and makes them accessible to the broadest possible market.
The result? More than $1b in transactions, 2,000+ happy homeowners, and over $110m in gross profits for Pacaso.
With rapid international growth and 41% gross profit growth last year, Pacaso is ready for what’s next. They even recently reserved the Nasdaq ticker PCSO.
But the real opportunity is now, before public markets. Until 5/29, you can join leading investors like SoftBank and Maveron for just $2.80/share.
This is a paid advertisement for Pacaso’s Regulation A offering. Please read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals. Under Regulation A+, a company has the ability to change its share price by up to 20%, without requalifying the offering with the SEC.
Weekly Dose of Positive
Müller UK & Ireland reached four million meals donated through their FareShare partnership. The dairy company provides surplus milk and yogurts to 8,500+ charities, tackling both food waste and hunger. (More)
MakeGood NOLA created the world's first fully 3D-printed wheelchair for disabled children. The modular design is compatible with home printers, requires no tools, and is available for free download. (More)
26-year-old Kat Abughazaleh is running for Congress in Illinois while helping her community now. Her campaign hosts food drives instead of traditional political events. (More)
Surveillance video captured a boxer (Reggie) helping a French bulldog (Yogi) breathe during a seizure by rolling him to prevent aspiration. Yogi recovered after veterinary treatment. (More)
Extra Credit
Mapping the arrival of billions of cicadas.
Pregnant news anchor powers through broadcast during labor.
250 of the best places to live in the US.
Man wakes up with a cargo ship in his yard.
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