Markets
Pulse of the Hour
Ukraine Seeks New Consumer Drones Amid China's Pullback
Ukraine is in search of new consumer drones to retrofit with explosives as China dials back.

Google Cloud Joins Polygon's Network Validators
Google Cloud has become one of the 100+ validators on Polygon's network, boosting its blockchain credentials.

SmileDirectClub Files For Chapter 11 Bankruptcy
Teledentistry company SmileDirectClub files for Chapter 11 bankruptcy just four years after its $1.35 billion IPO.

Costco to Hike Membership Prices
Warehouse club Costco announces plans to raise its membership prices, impacting millions of customers worldwide.

12h Briefing
EV Record Sales Wake-Up Call
EV sales are hitting record highs, yet forecasts suggest that overall new-car sales will not return to pre-pandemic levels this year. A reminder that while progress is being made, there's a long road ahead in the shift to electric.
U.S. Government Shutdown Averted
A 45-day funding bill has been passed by the U.S. House, preventing an imminent government shutdown. This temporary solution provides some breathing room, but doesn't resolve underlying budgetary issues.

Carlyle Eyes Medtronic Units Deal
Private equity firm Carlyle Group is reportedly in exclusive talks to acquire a majority stake in two medical device units of Medtronic, valued over $7B. This could greatly expand Carlyle's presence in the medical tech sector.

Pain Ahead for US Consumer?
Rising gas prices and an uptick in credit card delinquency rates indicate potential difficulties looming for the US consumer. Coupled with imminent student loan payments, we may see a significant impact on spending habits.

AI: Next Frontier for Artist Pay?
As tech firms begin to monetize generative AI, artists are questioning their share. There's a growing debate on artist compensation for AI-trained work, but no clear consensus as yet. An important conversation for the future of creative industries.

Walmart Reworks Corporate Pay
Walmart is restructuring corporate staff titles and pay packages to manage labor costs and simplify work structures. This could alter dynamics at the world's largest private employer, potentially impacting staff morale and productivity.

Oregon Anticipates $40B Chip Windfall
Oregon officials project $40B in semiconductor investments creating 6,300 jobs. This significant investment in the computer chip industry could assure Oregon's place as a tech hub and contribute significantly to the state's economy.

Used Car Market Remains Broken
Despite pandemic-induced production slowdowns from 2020-2022 impacting supply, used car prices remain high. The pandemic's effects continue to linger in the used car market, making affordability an ongoing issue.

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Wikipedia Current Events
Armed conflicts and attacks
- Azerbaijan accuses Armenia of using a sniper to kill one of its soldiers in the city Kalbajar. Armenia denies involvement. (The Star)
Politics and elections
- 2023 Maldivian presidential election
- Maldivians vote in a run-off election between candidates Mohamed Muizzu and Ibrahim Mohamed Solih. (Reuters)
- 2023 Slovak parliamentary election
- Slovaks go to the polls to elect 150 members of the National Council. (Reuters)
- Aftermath of 2023 Guatemalan general election
- The office of the Attorney General of Guatemala seizes the tally sheets of votes from the general election and the runoff. The judges of the Supreme Electoral Tribunal opposed it but were attacked by police and prosecutors. Electoral tribunal officials were also intimidated. (AP)
- 2024 United States federal budget
- The U.S. House of Representatives passes a 45-day stopgap measure bill backed by House Speaker Kevin McCarthy in an effort to avoid a government shutdown. (ABC News)
Sports
- 2023 AFL season
- Collingwood defeats the Brisbane Lions by four points to win the 2023 AFL Grand Final. (The Guardian Australia)
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