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The Thursday Flyover Replay : Liberation Day, E.T. for Sale, and a Happiness Calendar.
Presented by Russell Sherrard.
Narrated by Artificial Intelligence, Our Hosts are Christopher and Jenny.
THE FLYOVER REPLAY.
Thursday, April 3, 2025.
Good Morning! On this day in 1882, Jesse James, one of America’s most notorious criminals, was killed by fellow gang member Bob Ford, who betrayed him for a reward.
We hope you enjoyed reading today’s Flyover. Let us know how we’re doing by replying to Russell Sherrard at russellsherrard@reagan.com.
The sponsors keep the tanks full around here. Be sure to check out today’s sponsors.
TAKEOFF.
Trump’s ‘Liberation Day’ Tariffs Take Effect.
President Trump formally rolled out his “Liberation Day” tariffs Wednesday, imposing 10% levies on nearly all imports from more than 20 countries starting April 5.
Higher country-specific rates will kick in on April 9 for nations listed in an annex to the order. Key targets include China (34%), Vietnam (46%), and Taiwan (32%). Trump has said tariffs could go to zero if companies move operations to the U.S.
Trump cited unequal tariff rates, non-tariff barriers, and wage-suppressing policies by trading partners like China, India, and the EU as threats to U.S. supply chains and military readiness.
Key exemptions to the tariffs include defense goods, critical minerals, energy, and goods from Canada and Mexico that meet North American trade rules.
Amazon Bids on TikTok at Last Minute.
Amazon made a surprise last-minute bid to acquire TikTok ahead of the April 5 deadline set by the Trump administration for ByteDance to divest its U.S. operations or face a nationwide ban.
President Trump is weighing multiple bids, including a proposal from OnlyFans founder Tim Stokely. Stokely’s new company, Zoop, has partnered with a crypto-currency foundation to develop a monetization-focused model.
Existing U.S. investors like Susquehanna and KKR aim to take majority control, with Oracle expected to expand its role in data oversight.
Andreessen Horowitz and Blackstone are also interested. The deal must remove Chinese ownership to satisfy U.S. law, and Trump said he’s open to extending the deadline if needed.
Actor Val Kilmer Dies at 65.
Val Kilmer, the celebrated actor known for his roles in Top Gun, The Doors, Tombstone, and Batman Forever, has died at age 65 in Los Angeles.
Kilmer had battled throat cancer since 2014 and underwent a tracheotomy that affected his speech.
A Juilliard-trained actor, Kilmer rose to stardom as “Iceman” in Top Gun and earned acclaim for portraying Jim Morrison and Doc Holliday.
He reprised his role as Iceman in Top Gun: Maverick (2022), his final credited role.
POLITICS.
Elon Musk is likely to step down from his White House role by May 30, as his 130-day term as a special government employee wraps up, administration sources say.
The White House is considering Iran’s offer for indirect nuclear negotiations, mediated by Oman, while simultaneously boosting U.S. military forces in the Middle East, according to reports.
A federal judge in Manhattan has permanently dismissed the criminal case against New York City Mayor Eric Adams, siding with the Trump administration’s decision to drop the charges.
Former President Obama worked behind the scenes to prevent Kamala Harris from leading the Democratic ticket after Joe Biden stepped down, according to a new book by journalists Jonathan Allen and Amie Parnes.
After a word from one of our sponsors Jenny will be Narrating the last half of the news.
And Now, A word From one of Our Sponsors.
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Thanks Christopher.
Now, back to the News.
SPORTS.
At the league’s annual meetings, NFL owners voted to officially incorporate stats from the defunct All-America Football Conference (AAFC) into league history, rewriting parts of the record book.
Ten-time NBA All-Star Carmelo Anthony was elected to the Naismith Basketball Hall of Fame yesterday. Aside from his illustrious NBA career, Anthony was also a three-time gold medalist with Team USA basketball.
he San Diego Padres have signed 2024 NL Rookie of the Year runner-up Jackson Merrill to a nine-year contract worth up to $204 million. Merrill is now the fifth player on the Padres’ payroll on a nine-figure contract.
An Atlanta Hawks fan had to be stretchered off the court during Tuesday night’s 127-113 loss to the Portland Trail Blazers after slipping and falling during a tic-tac-toe shooting challenge.
March Maddness.
The men’s Final Four this Saturday pits the best teams in college basketball against each other. Here’s a ranking of all 20 starters for the four teams, led by Duke’s Cooper Flagg at No. 1.
BETUS, a gambling site, offers a non-binding March Madness “prenup agreement” for couples who want to balance love with avid fandom and survive the NCAA tournament with their relationship intact. (See Agreement)
➤ A University of Florida student reporter has gone viral for her 1-minute interview with Gator basketball player Bennett Andersen, who couldn’t take his eyes off her.
FINANCE.
Big Stock Move: Shares of New Fortress Energy rose 13% after Excelerate Energy announced a $1.05 billion deal to acquire the company.
Tesla reported 336,681 vehicle deliveries in the first quarter of 2025, a 13% drop from last year and short of analyst expectations.
Amazon plans to expand its Prime Day sale from two days to four days this year. Last July, consumers spent a record $14.2 billion online during the 48-hour summer event.
Meta signed a multi-year partnership with UFC to become its first “official fan technology partner,” featuring Threads as UFC’s official social media hub.
SCIENCE AND TECH.
A tiny magnetic robot can now perform 3D gut scans, allowing fast, non-invasive virtual biopsies that could transform early cancer detection. Human trials may begin in 2026.
Scientists say a vaccine currently being used to prevent shingles has been shown to reduce the likelihood of older adults developing dementia.
Astronomers using the James Webb Space Telescope spotted a rare Einstein ring—an optical illusion caused by gravity bending light between two galaxies.
THE ROTATOR.
THROWBACK THURSDAY.
A descendant of the Vanderbilt family gave a rare tour of the family’s hidden history in New York, from secret tunnels under Grand Central to the remnants of wartime luxury.
Here are six Pulitzer Prize-winning photos from the 20th century, including Babe Ruth’s frail farewell at Yankee Stadium to the dramatic rescue of Baby Jessica from a Texas well in 1987.
Sotheby’s is set to auction the original animatronic model of E.T. from Steven Spielberg’s 1982 blockbuster, with bids expected to reach up to $900,000.
ET CETERA.
A 76-year-old Pennsylvania woman is scrambling to recover a jacket she donated to charity—after realizing a winning $2.5 million lottery ticket was still in the pocket.
The Greater Good Science Center has released its April 2025 “Happiness Calendar,” offering daily science-backed tips to boost well-being and connection.
A 24-year-old American tourist was arrested after illegally visiting a forbidden island in India. He left gifts for the isolated tribe, who ignored him. Authorities say he carefully planned it.
Daily Quote.
“All of a sudden, I was being catapulted into the celebrity stratosphere, and for the rest of my life, I would be called Iceman by every pilot at every airport I went to.”
— Val Kilmer, on the unexpected impact of his Top Gun role as a fighter pilot known as “Iceman.”
And thats the news for today.
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