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So go ahead and drink the Kool-Aid. Funnies to make your day.
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248Category: Daily Hits.
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If you have a picture or mime, or gif, post it.
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Stories I’m following this week. Thanks to The Morning Brew.
Here’s just a few stories making the headlines.
- Markets: Stocks brought their Jackie Wilson energy yesterday, climbing higher and higher, with the Dow notching its best day since June and the S&P 500 and Nasdaq both snapping losing streaks as investors wait for inflation data later this week. Berkshire Hathaway soared to a record high after Warren Buffett revealed over the weekend that it had a quarterly profit of more than $10 billion for the first time.
- Tesla’s CFO stepped down. Tesla’s Chief Financial Officer Zach Kirkhorn unexpectedly resigned after working with Elon Musk at the electric vehicle maker for 13 years, which one asset manager told Bloomberg “is like working 50 years for anyone else.” Kirkhorn, who plans to stay at the company until the end of the year to ensure a smooth transition, has been replaced by Tesla’s chief accounting officer. Still, the unexpected departure spooked investors, raising concerns about volatility in the company’s executive ranks and the succession plan for one day replacing Musk at the top.
Yellow’s bankruptcy might cost taxpayers. The 99-year-old trucking company made it official on Sunday, filing for bankruptcy and ending the employment of its 30,000 workers following years of financial struggle and a labor battle with the Teamsters. But for most outside the trucking industry, the big question looming now is whether the company’s plan to sell off its assets will enable it to pay back the controversial $700 million pandemic-era loan it got from the government or whether other creditors like Apollo Global Management will get whatever is left from the freight company. LABOR
City of Angels? More like City of Strikes
VCG/Getty ImagesFreeway traffic won’t be the only thing grinding to a halt in Los Angeles today. More than 11,000 city workers plan to walk off the job this morning for 24 hours.
Sanitation and airport workers fed up with a lack of resources and unfilled vacancies will be among those participating, according to the SEIU Local 721, which represents many city workers.
Hot Strike Summer has already been extra scorching in LA. The city workers will be joining:
- 170,000 Hollywood actors and 12,500 screenwriters picketing there and in NYC.
- Thousands of local hotel workers staging rolling strikes (who even tried to get Taylor Swift to postpone her LA tour dates).
Nationwide, strikes have spiked this summer, putting July among the busiest months for labor action in decades, according to the Washington Post.
But…unless UPS’s 350,000 workers reject the contract their union secured for them, this year is not on track to have more strikers than 2018 or 2019—which in turn had fewer strikers than many years in the 1950s through 1970s, per Bloomberg columnist Justin Fox. There’s another big strike looming, though: With the auto workers union demanding a 40% raise for 150,000 hourly workers at General Motors, Ford, and Stellantis, Detroit may soon look like LA with less green juice.—AR
ENERGY
Students leave the oil and gas pipeline
Illustration: Francis Scialabba, Photo: Getty ImagesTurns out classics majors and petroleum-engineering students have more in common than we thought: Both their programs are shrinking. College students aren’t interested in entering the oil and gas industry like they used to be, no matter how much money they could make when they graduate, the Wall Street Journal reports.
The number of undergrads studying petroleum engineering—once a practical, popular major that would make Boomer parents proud—has seen a 75% decline since 2014, Texas Tech professor Lloyd Heinze told the WSJ.
In the past, enrollment in oil- and gas-related majors followed the market, but despite oil prices popping off between 2016 and 2021, the number grads entering the field still fell, according to the US Dept. of Education. It probably didn’t help that the pandemic highlighted how volatile the oil and gas industry could be as companies laid off over 100,000 employees between March and August 2020.
It’s not just about business. Petroleum engineers can earn 40% more post-graduation than computer science grads, but Gen Zers are opting for more environmentally conscious companies and positions. Current students are nervous about the fossil fuel industry’s role in climate change and question whether these high-paying jobs will even exist in the future as the country moves toward clean energy.—MM
What else is brewing
- Severe storms swept across the East Coast yesterday, knocking out power to over 1 million households and delaying or canceling thousands of flights.
- Ukraine says it thwarted a plot to assassinate President Volodymyr Zelensky.
- The former Minneapolis police officer who held back the crowd during the killing of George Floyd was sentenced to nearly five years in prison.
- Campbell Soup is buying Sovos Brands, the company behind Rao’s, the fanciest sauce you can plop out of a jar, for $2.3 billion.
- Elon Musk said he may need surgery before he can fight rival tech CEO Mark Zuckerburg.
- “Hank the Tank,” a black bear believed to be responsible for 21 home break-ins in California, has been captured (and won’t be harmed).
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Weekend Funnies: Toast The last man left standing
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The things one finds on facebook…
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I love Branco – but this time he didn’t see the elephant in the room…
How Things Are Going At Meta’s Threads (on Rumble)
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Headline News. Some of the stories making the news.
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X no longer marks the spot. Yesterday, workers 
It’s getting harder to get a loan. A Fed 
California wants to know what your car is doing with your data. California’s new privacy regulator—the only agency in the US devoted solely to privacy issues—has announced its first
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Francis Scialabba
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Yesterdays headlines. Yesterdays articles that just won’t go away. Comment on these or anything else you feel that’s news worthy.
Breaking News
July 09, 2023
‘It would be devastating’: Local officials warn of wind turbine development’s impact to Jersey Shore’s tourism industry
Local officials warn of wind turbine developments impact on tourism.
July 09, 2023
Pennsylvania Republicans continue effort to end Act 77, mail-in voting
Fourteen Republican members of the Pennsylvania House will ask the state Supreme Court to overturn Act 77.
July 09, 2023
Indigenous chief wants to take back Ben & Jerry’s HQ built on ‘stolen’ land
Ben & Jerry’s headquarters is in the western part of the historic territory of the Abenaki tribal confederacy but doesn’t sit in any current tribal lands.
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The week ahead. Stories making the news. Check out the headlines below. If you wish to comment on these or anything else that you feel is headline news.
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Jabin Botsford/The Washington Post via Getty Images
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Article from The Morning Dispatch.
The Debt Ceiling Clock Ticks On Plus: Biden taps Gen. Charles “C.Q.” Brown as the next chairman of the Joint Chiefs of Staff. Happy Friday! Neuralink—the company founded by Elon Musk to implant chips in humans’ brains—announced yesterday it had received FDA approval to begin clinically studying the technology in humans for the first time. Good thing Ron DeSantis didn’t try to launch his campaign on that platform!
- The Supreme Court on Thursday ruled unanimously in favor of 94-year-old Geraldine Tyler, whose home was seized and sold for a profit by a Minnesota county in 2016 to settle a small tax debt. “The taxpayer must render unto Caesar what is Caesar’s, but no more,” Chief Justice John Roberts wrote in the unanimous opinion, which dealt a blow to the controversial practice often referred to as “home equity theft.”
- Also on Thursday, the court ruled 5-4 to restrict the power of the Environmental Protection Agency to enforce federal clean water protections, particularly in the nation’s wetlands and other waterways.
- A 75-year-old Michigan man who in September shot an 84-year-old woman canvassing at his home for Right to Life, a pro-life organization, was handed down a sentence of 100 hours of community service and 12 months probation on Tuesday after pleading no contest to the assault. The woman, Joan Jacobson, survived the attack but received hospital treatment for a shoulder wound.
- Oath Keepers founder and leader Stewart Rhodes—convicted in November on a number of charges, including seditious conspiracy, for his role instigating the January 6 riots and seeking to disrupt the transfer of power—was sentenced on Thursday to 18 years in prison, the longest such term of any January 6 defendant thus far. The head of the Oath Keepers’ Florida chapter, Kelly Meggs, was sentenced to 12 years in prison.
- Investigators looking into Donald Trump’s handling of classified material since leaving the White House have reportedly learned that the former president and his aides carried out a “dress rehearsal” for moving sensitive documents around Mar-a-Lago, and that boxes of paper were moved by two Trump employees one day before FBI agents and Justice Department officials traveled to the Florida estate to retrieve the material. The actions, if verified, could justify an obstruction charge—and Trump’s lawyers have reportedly warned him to brace for an indictment this year.
- The Food and Drug Administration on Thursday formally approved Pfizer’s Paxlovid oral antiviral treatment for adults who contract COVID-19 and are at high risk for severe infections. The drug has been authorized for emergency use since late 2021, but now has full approval.
- After weeks of speculation, Republican Pennsylvania state lawmaker Doug Mastriano—who was at the Capitol on January 6, 2021 and lost to Democrat Josh Shapiro by 15 percentage points in 2022’s gubernatorial race—announced Thursday he will not run for Senate next year. The news likely clears a path for hedge fund executive and Army veteran Dave McCormick, who ran for Senate in 2022 but lost to Dr. Mehmet Oz in the Republican primary.
- In Arizona, Karrin Taylor Robson—a businesswoman who lost to Kari Lake in the state’s Republican gubernatorial primary last year—announced Thursday she will not mount a Senate bid in 2024. A spokesman for Lake told Dispatch Politics earlier this month he is “99 percent sure” she will enter the race for independent incumbent Sen. Kyrsten Sinema’s seat in the coming months.
- The Department of Labor reported Thursday that initial jobless claims—a proxy for layoffs—increased by 4,000 week-over-week to a seasonally-adjusted 229,000 claims last week.
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You can find the article here.
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Roberto Machado Noa/LightRocket via Getty Images
ChatGPT gets its own app. OpenAI released an 
More Americans are high at work. Positive marijuana tests among US workers reached a
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Nintendo
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Vision myths busted: Experts
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California’s gun control works for who? 9 mass shootings up to April 16th. And it’s not just this year. From 1982 to 2023 California leads the nation in mass shootings. More than Texas and Floridan combined. How can that possibly be? One California loon claims that every single mass shooting was with a gun bought outside of California. SMH.
Now I’m sure that the Progressives who follow this website will say the answer is simple. Pass more gun control. How crazy is that? Obvious that states like California that have these laws, either don’t enforce them, or they just don’t work.
What’s the answer? First thing is to look at who and where the shootings are happening? In minority neighborhoods? If so you set up check points and increase police presence.
Nuff said. That’s a start.
https://www.gunviolencearchive.org/reports/mass-shooting
https://www.statista.com/statistics/811541/mass-shootings-in-the-us-by-state/
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