The Thursday Flyover Replay 6/27/2024

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The Thursday Flyover Replay,

Presented by Russell,

Narrated by Artificial Intelligence,

THURSDAY, JUNE 27, 2024,

Good Morning! On this day in 1967, the world’s first automated teller machine (ATM) was installed at Barclays Bank in Enfield, London, revolutionizing consumer banking.

Take Off,

Trump, Biden Ready to Rumble on CNN,

President Joe Biden and former President Donald Trump will face off tonight in the first of two planned debates, the earliest presidential debate in history.

The rules of the debate are also new, with CNN hosting rather than the nonpartisan Commission on Presidential Debates. Tonight, the candidates have agreed that their microphones will be muted while the other man speaks, and there will be two commercial breaks.

The moderators, CNN’s Jake Tapper and Dana Bash, have come under fire already this week for being biased against Trump and will be under heavy scrutiny for how they handle the debate.

Roughly 60% of Americans say they plan to watch, according to an AP/NORC survey. Presidential debates are the second-most watched televised event on TV, after the Super Bowl.

Anti-Israel Incumbent Trounced in Primary,

New York Rep. Jamaal Bowman, a fierce pro-Palestinian advocate, was trounced in his primary against moderate Democrat George Latimer in what became the most expensive House primary in history.

Bowman, who gained notoriety for pulling a fire alarm to stall a House vote, was running in a district with a strong Jewish presence. Latimer, the winner, benefited from more than $14 million in ad spending by AIPAC, a leading pro-Israel lobbying group.

Bowman is the first member of the so-called leftist “Squad” to lose an election since the group formed in 2018. The same forces that opposed him have now targeted Rep. Cori Bush of Missouri, also a “Squad” member.

In Colorado, Rep. Lauren Boebert easily won her primary despite switching districts and coming under fire for her behavior at a theater in Denver.

Consumers Push Back on Prices,

Major retailers and fast-food restaurants are cutting prices and offering discounts this summer to win back customers who are resisting high prices.

Walmart, Target, Walgreens, Aldi, and Ikea have initiated a series of price reductions, and fast-food chains have also joined the discount bandwagon.

For fast-food chains, $5 has become the magic number. Burger King debuted a “$5 Your Way Meal” earlier this month, and McDonald’s rolled out a similar $5 value meal on Tuesday. Wendy’s offers its Biggie Bag meal at $5 and a $3 breakfast deal.

Despite these efforts, grocery prices remain nearly 30% higher than pre-pandemic levels.

Politics,

The Supreme Court on Wednesday dismissed a lawsuit accusing the Biden administration of pressuring social media platforms to block controversial posts. The Court ruled 6-3 that the plaintiffs had no standing to sue.

Also Wednesday, the Supreme Court inadvertently released a draft opinion before quickly pulling it down from its website. The draft opinion reinstated an Idaho law allowing emergency abortions to protect the mother’s health.

The Oklahoma Supreme Court ruled Tuesday that a publicly funded Catholic charter school in the state was unconstitutional, and that the contract creating it should be revoked.

Denmark became the first nation to tax livestock farmers for the greenhouse gases emitted by their cows, sheep and pigs. The law will go into effect in 2030.

Sports and Entertainment,

The Atlanta Hawks took Zaccharie Risacher with the No. 1 overall pick in the NBA draft. Risacher was the top international player in the draft, and was a part of the three French players taken in the top six of the draft.

Jacksonville approved a $1.4 billion stadium that will keep the Jaguars in Jacksonville for 30 years. The proposal needs approval from NFL owners and is expected to pass.

The Nets have agreed to their first trade with the Knicks since 1983. The blockbuster deal will send former Nets star Mikal Bridges to the Knicks, and the Nets will receive five first-round draft picks and Bojan Bogdanovic.

Finance,

Big Stock Move: Rivian stock rose 23% after Volkswagen announced a $1 billion investment in the electric truck company.

Chipotle split its stock 50-1 today, its first-ever stock split and one of the biggest splits in New York Stock Exchange history.

Waymo, the self-driving robotaxi service, has opened its car doors to anyone who wants to sign up through its app. Previously, people waited up to months for access, and only “trusted testers” who signed NDAs were allowed in.

Paramount, owner of MTV, has completely wiped all MTV News archives from the internet, erasing decades of music journalism and videos. The reason for their removal remains unclear.

Science and Tech,

NASA unveiled a stunning new video that soars through the interstellar Pillars of Creation, revealing intricate details of the star-forming region.

Australian scientists are building low-cost miniature greenhouses, or saunas, for frogs to combat an amphibian extinction crisis caused by a deadly fungus.

A quantum compass being tested underground in London’s subway system could potentially replace GPS by using subatomic particles for precise navigation.

The Rotator,
Thursday Polling Station,

Consumer confidence dropped for the second month in a row in May, according to Gallup’s latest Confidence Index. The public’s assessment of economic conditions is the most negative it’s been since November.

Nearly 75% of Democrats prefer a bigger government providing more services, while 79% of Republicans want a smaller government providing fewer services.

A survey asking students to grade their schools shows that 64% give their school an A (26%) or B (38%), while about one-third (36%) grade their school a C or lower. Final average school grade: B-.

ET Cetera,

The entire Hells Angels chapter in Bakersfield, California, was arrested as part of a kidnapping, robbery, and assault probe. Law enforcement agencies seized firearms, ammunition, and gang regalia.

Nearly 300 types of canned coffee are being recalled nationwide over botulism concerns after the FDA discovered potential contamination risks.

A kinkajou, a tropical rainforest animal also known as a honey bear, was found at a rest stop south of Ellensburg, Washington, raising questions about how the creature ended up in the Pacific Northwest.

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