Send to KindleThe Tuesday Flyover Replay : Stocks Tumble, Hurricane Debby Makes Landfall, and Fine Dining in the Artic Circle
Presented by Russell Sherrard,
Narrated by Artificial Intelligence,
THE FLYOVER,
Tuesday, AUGUST 6, 2024,
Good Morning! On this day in 2012, NASA’s Curiosity rover successfully landed on Mars using a new technique called a “sky crane.” Unlike previous rovers, Curiosity was gently lowered to the surface using cables by the rocket-propelled sky crane instead of airbags.
TAKEOFF,
Markets Continue to Slide,
Markets fell severely on Monday, highlighted by the seven most valuable U.S. tech companies losing about $1 trillion in market value.
Monday’s decline began with Japan’s Nikkei falling 12.4%, marking its worst day since the 1987 Black Monday crash. In the U.S., the S&P 500 dropped 3%, the Dow plunged 1,033 points, and the Nasdaq decreased by 3.4%.
Tech companies were among the worst performers on Monday as Nvidia lost 6.4%, Apple fell 4.8%, Tesla dropped 4.2%, and Super Micro Computer was down 2.5%.
The markets’ performance and a poor July jobs report have ignited concerns that the U.S. economy is slowing. Investors are worried that the Federal Reserve has moved too slowly and will need to play catch-up in cutting rates.
Google Loses Landmark Antitrust Case,
A federal U.S. judge ruled on Monday that Google has illegally maintained a monopoly in search and text advertising markets, violating antitrust laws.
The government alleged that Google created strong barriers to entry to maintain its dominance in general search.
The court focused on Google’s exclusive search arrangements on Android and Apple devices as evidence of anticompetitive behavior.
This case is part of a broader push by regulators to scrutinize big tech companies for monopolistic practices, with Google facing another antitrust lawsuit later this year focused on its advertising practices.
Hurricane Debby Lands in Florida, Moves Southeast,
Tropical Storm Debby made landfall in Florida as a Category 1 hurricane, causing flooding and at least four deaths.
The storm is now moving towards Georgia and the Carolinas, with forecasts predicting up to 30 inches of rainfall in some areas. Here’s the timing of the most serious flood threats for the next few days.
Over 300,000 people lost power across Florida and Georgia, and thousands of flights were canceled.
Emergency officials in affected states are warning residents to stay vigilant and prepare for potentially historic flooding events.
POLITICS,
President Biden and Vice President Harris met with national security officials in the White House Situation Room on Monday, as Iran reaffirmed its intention to punish Israel for the killing of top Hamas political leader Ismail Haniyeh in Tehran.
Senate Judiciary Committee Chairman Dick Durbin expressed disappointment in Defense Secretary Lloyd Austin’s decision to revoke the plea deals with accused 9/11 terrorists and urged him to reinstate the deals.
Former Speaker Nancy Pelosi denied reports that she phoned or pressured President Biden to end his presidential campaign, despite several reports indicating her involvement.
Robert F. Kennedy Jr. began his fight to remain on New York’s ballot on Monday, contesting allegations in a New York court that the independent presidential candidate falsely claimed state residency on his nominating petition, despite his primary residence being in California.
Are you an author or writer, with or without a Blog. First you will have to get a WordPress Blog. You know the effectiveness to your readers.
Maintaining a blog or website can get a little mundane or even crazy busy. It drains your energy which interrupts your creative flow.
Luckily this is where I shine.
Uploading your drafts to your blog
Just recently added – voice(audio) to your blog posts
Formatting your content – optimized for Search Engines, including Headings, Tags, Keywords, White Space
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Blog Promotion – includes auto-updates to Social Media (Twitter & Facebook)
Adding your Call-To-Action to end of post
Deleting spam comments
Moderating comments – I do not reply as your voice as this is still very important to your readers, $50 per week
Separately on a stand alone basis I can add voice(audio) to your blog posts. You choose Male/Female, $10 per post
To inquire on either of these options email Russell Sherrard at russellsherrard@reagan.com.
Now, back to the News.
SPORTS AND ENTERTAINMENT,
The Chicago White Sox are one of seven MLB teams to have lost 20 or more games in a row following a 13-7 loss to the Minnesota Twins on Sunday. The White Sox are on pace for a dismal 38-win season.
The Washington Commanders confirmed that rookie quarterback Jayden Daniels, the second overall draft pick, will make his NFL debut in Saturday’s preseason game against the New York Jets.
Philadelphia Phillies center fielder Brandon Marsh made an amazing catch despite seemingly being unable to see the ball before it landed in his glove.
2024 Summer Olympics,
U.S. gymnast Simone Biles won the silver medal in the Olympic floor exercise finals on Monday, securing her fourth medal in Paris and eleventh overall, despite a routine marred by out-of-bounds steps.
Former swimmer Michael Phelps, a 23-time Olympic gold medalist, called for a lifetime ban on those who test positive for a banned substance after nine of 23 Chinese swimmers with previous positive results won medals in Paris.
Paraguayan Olympic officials asked swimmer Luana Alonso to leave the Olympic Village, citing her social life and Disneyland Paris trip as distractions detrimental to Team Paraguay’s focus.
What to watch: Today is an important day for several U.S. women’s teams. The volleyball and water polo teams have quarterfinal matches against Poland and Hungary, while the women’s soccer team will face Germany in the semifinals. On the men’s side, Team USA basketball will compete against Brazil in the quarterfinals.
FINANCE,
Big Stock Move: Kellanova stock rose 16% on the reports that Mars, the maker of M&M’s and Snickers, is exploring a potential acquisition.
AST SpaceMobile announced Monday it received regulatory approval to launch and operate its first five commercial satellites, aiming to provide space-based cellular broadband directly to smartphones in the U.S.
The U.S. plans to ban Chinese software in self-driving vehicles soon, effectively prohibiting Chinese-made autonomous vehicles from being tested on U.S. roads.
The EV maker Lucid announced on Monday a $1.5 billion cash infusion from Saudi Arabia’s Public Investment Fund, supporting its plans for new models and operations through late 2025.
SCIENCE AND TECH,
Scientists have speculated that the organic compounds found on a Martian rock last month may indicate chemical reactions and provide evidence of ancient microbial life on Mars.
New research on sleep-deprived mice demonstrates reduced brain activity, shedding light on why humans experience cognitive impairment and memory issues when lacking adequate sleep.
A list of the “coolest extinct reptiles” ranked the colossal Titanoboa snake and the giant marine lizard mosasaur as two of the top four that once inhabited the Earth.
THE ROTATOR,
TRAVEL TUESDAY,
The Grand Canyon Railway offers a scenic 65-mile journey from Williams, Arizona, to the South Rim, featuring live entertainment, various service classes, and stunning views of the canyon.
A restaurant in the Arctic Circle town of Longyearbyen, Svalbard, offers creative fine dining using local ingredients like reindeer, seal, and whale.
This list highlights seven of America’s steepest hikes, including Mount Rainier and Mount Whitney, challenging hikers through difficult terrain and rewarding them with breathtaking views.
ET CETERA,
In a new book set to release mid-August, ‘Billionaire, Nerd, Savior, King: Bill Gates and His Quest to Shape Our World,’ a New York Times reporter details allegations that Microsoft banned Gates from being alone with interns due to inappropriate behavior around young women.
Mainers will vote in November on adopting a new state flag featuring a pine tree and blue star, designed by Adam Lemire. It’s inspired by Maine’s original 1901-1909 flag.
A homeowner in Pocono Lake, Pennsylvania, had an unexpected guest when a hungry bear casually entered her kitchen, feasted on snacks for an hour, and left with tostada shells.
Daily Quote,
“They clearly made a mistake.”
— Mark Zandi, chief economist at Moody’s Analytics, on the Fed for not cutting rates ahead of Monday’s market sell-off.
And thats the news for today.
Before we go let me tell you about one of the books found on my Bookstore,
Go to https:// payhip.com/ Christian NonFiction eBookStore then scroll down and click on The Life of Charles Haddon Spurgeon
In publishing the life of the late CHARLES HADDON SPURGEON, the publishers feel a peculiar pleasure and believe themselves especially fortunate in having secured the Rev. Russell H. Conwell, D.D., LL.D., pastor at The Temple, of Philadelphia, to prepare the work. There are many reasons why the popular preacher, who might justly be called the Spurgeon of America, should in this way pay a loving tribute to the memory of his great English ecclesiastical brother, and why such a book must have an absorbing interest for all readers. Foremost among these might be considered his personal acquaintance with the great divine of gigantic efforts and wonderful achievements, and the deep study he has ever given to his popular brother preacher’s life and the measure of its successes.
As a fellow-preacher of the Gospel, he knew better than any layman how to interpret the hidden springs of success to count the cost of Herculean efforts made, and better, understand the great man’s life-work in all its thousands of minute details which he, as an intimate personal friend had the opportunity to observe.
Like Spurgeon, he has the power to earn and raise large sums of money, but he devotes every dollar beyond a reasonable living expense to the cause he has so much at heart. His remarkable line of work, also, in many ways corresponds with that of Spurgeon,
The similarity in the work of the English Spurgeon and the American Conwell has often been commented upon by press and people. Spurgeon made, and Conwell is making, a complete sacrifice of talents, time and health to the one aim in life-the salvation of souls. Each commenced life a poor boy, and had an early life fraught with discouragements and temptations.
The author’s grand work for the Grace Baptist Church, of Philadelphia, has justly distinguished him as the greatest preacher of his denomination in this country. He was a student at Yale College, and graduated in the Law Department of Albany University and was admitted to the New York bar in 1865. His health not permitting the practice of law, he began as traveling correspondent of the Boston Traveler and the New York Tribune, during which his constant companion and warmest friend was Bayard Taylor, with who he traveled all over the world, and obtained distinction as a journalist.
In addition to the pastorate of a church which has one of the most remarkable houses of worship in the world, open every hour of every day and night in the year, and is never untenanted, Dr. Conwell is the head of Temple College, connected with the church fostered by him, which is for the free education of working-men and women in the classic collegiate branches, with fourteen professors, a preparatory department that sends pupils to Yale, Harvard and Amherst, and giving itself decrees equal to those of Princeton. He is the head of the Samaritan Hospital, also an outgrowth of his personal effort and example, which is doing incalculable good in Philadelphia.
In addition. to his church work, Dr. Conwell lectures all over the United States, to large and delighted audiences.
He is also a prolific author, The most important of his works are a ” Life of Garfield,” which he wrote at the home of the martyred President, in Mentor; “Why and How the Chinese Immigrate,” the material for which he gathered in the Chinese Empire Life of Hon. James G. Blaine,” Life of Bayard Taylor,” and “Acres of Diamonds,” each of which has been appreciatively read by thousands of readers in this and other countries.