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The Wednesday Flyover Replay : Elon, Vivek to Lead Cost-Cutting Agency, CNN Layoffs, and a James Bond Auction
Presented by Russell Sherrard,
Narrated by Artificial Intelligence, Our Hosts are Christopher and Jenny,
THE FLYOVER REPLAY,
Wednesday, November 13, 2024,
Good Morning! On this day in 1940, Disney released Fantasia, a groundbreaking film that combined animation with orchestra music, abstract themes, and stereo sound—and introduced Mickey’s iconic sorcerer’s apprentice persona.
The House will hold a UFO hearing today, focusing on government secrecy. You can read more about it in today’s edition.
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,
Musk, Ramaswamy to Head New Cost-Cutting Agency,
President-elect Donald Trump on Tuesday named Elon Musk and former GOP presidential candidate Vivek Ramaswamy to head up a new federal agency, the Department of Government Efficiency, or DOGE.
Trump said the new agency “will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies.”
Also on Tuesday, Trump named South Dakota Gov. Kristi Noem to head the Department of Homeland Security, giving her oversight of key federal agencies, including ICE, FEMA, and the Secret Service.
Other key announcements included naming former Arkansas Gov. Mike Huckabee as the next U.S. ambassador to Israel and former Director of National Intelligence John Ratcliffe to serve as CIA director.
Trump also said he planned to nominate Fox News host Pete Hegseth as Secretary of Defense. Hegseth served in Iraq and Afghanistan and has worked for Fox since 2014, most recently as a co-host of Fox & Friends Weekend.
CNN Plans Layoffs After Ratings Fall,
CNN CEO Mark Thompson is reportedly planning layoffs that could affect hundreds of employees following the network’s low ratings during last week’s Election Night coverage.
The cuts are expected to target high-paid on-air talent and production staff as part of a shift to a digital-first strategy.
CNN, which drew just 5.1 million prime-time viewers on Election Night, lagged behind MSNBC’s 6 million viewers and Fox News’ audience of over 10 million viewers.
The network’s workforce is said to be coping with “an atmosphere of high stress and high anxiety,” according to reports.
Thompson may also push for salary reductions for top anchors like Anderson Cooper and Erin Burnett. One of the highest-paid CNN stars, Chris Wallace, announced he was leaving the network after three years.
Judge Pauses Trump Sentencing,
A New York court has paused all deadlines in President-elect Donald Trump’s hush money case, including his Nov. 26 sentencing for 34 felony convictions.
Judge Juan Merchan was expected to decide Tuesday on whether Trump’s convictions should be overturned in light of the Supreme Court ruling on presidential immunity, but he delayed that hearing until Nov. 19 at the request of both parties.
Trump’s legal team argues the case should be dismissed entirely to avoid “unconstitutional impediments” to his ability to govern.
The delay raises uncertainty over whether Trump will be sentenced before taking office—or at all during his presidency.
POLITICS,
Former Air National Guard member Jack Teixeira was sentenced to 15 years for stealing and sharing classified information online, federal authorities announced on Tuesday.
A U.S. District judge issued an injunction on Tuesday, blocking a Louisiana state law that mandated public schools to display the Ten Commandments in classrooms.
The House will hold a second congressional hearing on UFOs today, focusing on government classification policies and ways to improve public transparency.
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,
Major League Baseball unveiled the finalists for major awards like the Cy Young Award, MVP, and Rookie of the Year.
Juan Soto, baseball’s top free agent this year, is set to meet with four teams: the Toronto Blue Jays, the Boston Red Sox, the New York Yankees, and the New York Mets. Soto is projected to sign a contract north of $600 million this offseason.
The Chicago Bears have fired offensive coordinator Shane Waldron after the offense got off to a shaky start under new quarterback and NFL No. 1 overall draft pick Caleb Williams.
2024 Election Countdown,
Election Countdown: +8 Days,
A FEMA supervisor accused of instructing staff to skip hurricane-damaged homes with Trump campaign signs claims that was a widespread agency policy and claims she’s being scapegoated.
Billionaire Elon Musk spent at least $200 million to help elect Donald Trump, mostly through his America PAC, which targeted low-propensity and first-time voters, according to an unnamed source.
Oprah Winfrey denied reports claiming she was paid $1 million to host a campaign event for Vice President Harris, clarifying she was “paid nothing, ever,” for her endorsement.
FINANCE,
Big Stock Move: Shopify stock jumped 18% Tuesday after the company delivered an optimistic forecast for holiday shopping in the fourth quarter.
Genetic testing company 23andMe said it will cut 40% of its workforce and close its therapeutics business after reporting declining revenue for the most recent quarter.
Federal officials opened an investigation into consumer complaints that some Honda and Acura vehicles are suffering complete engine failures. Over 1.4 million cars could be affected.
Gas prices could drop below $3 per gallon before Thanksgiving, analysts say, with oil prices having dropped roughly 10% over the past month.
SCIENCE AND TECH,
OpenAI CEO Sam Altman stated that human-level or superior artificial intelligence could emerge by 2025, noting that research is advancing faster than anticipated.
Scientists developed a low-cost method to generate electricity through friction by blowing air over Styrofoam, producing steady streams of static electricity.
Officials believe the bright fireball seen over Colorado, Kansas, Texas, and Oklahoma on Saturday was the fiery re-entry of a SpaceX Starlink satellite, not a meteorite.
THE ROTATOR,
WISDOM WEDNESDAY,
A recent study uncovered 20 surprising strategies to strengthen friendships. Small actions helped participants improve their social bonds.
A meeting with Elon Musk revealed his approach to problem-solving. His strategy challenges conventional thinking to drive innovation.
A mental-strength expert recommended a simple two-word phrase to combat overthinking. This helps some regain focus and reduce unnecessary worry.
ET CETERA,
Rare James Bond memorabilia is up for auction through Sunday, featuring iconic items like the Little Nellie cockpit and Robert McGinnis’ hand-painted posters.
Identical twin sisters from Delaware married identical twin brothers from Tennessee. Their children are ‘quaternary twins’ — cousins who share the same amount of DNA as siblings.
A deer trapped itself in the room of a 103-year-old woman at a Michigan assisted-living facility. Officers freed the buck by breaking a glass door.
Daily Quote,
“FEMA preaches avoidance first, and then de-escalation. This is not isolated. This is a colossal event of avoidance. Not just in the state of Florida. You will find avoidance in the Carolinas.”
— Marn’i Washington, fired FEMA supervisor on the practice of not assisting homes displaying “Vote for Trump” signs
And thats the news for today.
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