Good Morning! On this day in 1960, the underdog U.S. Olympic hockey team defeated the Soviet Union in the medal round at the Winter Games in Squaw Valley, California. The next day, they beat Czechoslovakia, winning the USA’s first Olympic gold medal in hockey. See the game-winning goal here.
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FBI Employees Fired Over Classified Files Case
FBI Director Kash Patel fired at least 10 FBI employees on Wednesday who were connected to the investigation into President Trump’s handling of classified documents at his Mar-a-Lago estate.
The firings followed revelations that the FBI had subpoenaed phone records of Patel and White House Chief of Staff Susie Wiles while the two were private citizens during the Biden administration. Patel accused previous FBI leadership of using flimsy pretexts and evading oversight in its investigation.
The FBI Agents Association condemned the firings, saying they violate employees’ due process rights and weaken the bureau by stripping away critical expertise.
Chain Stores Facing 2026 ‘Retail Apocalypse’
Over 1,200 U.S. retail stores are slated to close in 2026, as major chains including Macy’s, Pizza Hut, Kroger, Wendy’s, and Saks Off 5th shutter underperforming locations in what experts are calling a retail apocalypse.
The closures follow a record-setting 2025, when thousands of U.S. stores permanently shut their doors. Rising operating costs, declining foot traffic, and the continued shift toward online shopping are driving the trend.
Other affected chains include Carter’s, which plans to close 150 stores over three years; Yankee Candle, shuttering 20 locations; Rite Aid, closing all remaining stores after a second bankruptcy filing; and Amazon, which announced plans to shut down all 57 Amazon Fresh and 15 Amazon Go locations.
Forrester Research predicts the pressure on retailers will intensify, forecasting a bankruptcy wave among specialty retailers and a broader industry pivot toward profitability over expansion. AI-powered shopping tools and stricter digital return policies are also expected to reshape the sector.
Tech Companies Roll Out New Child Protections
Tech companies are rolling out new safety measures aimed at empowering parents as a major ongoing trial in Los Angeles tests whether Meta and YouTube deliberately designed addictive platforms that harmed children’s mental health.
Meta’s Instagram announced Thursday that it will soon alert parents when teenage children repeatedly search for content related to suicide or self-harm, part of Meta’s latest effort to shore up safety features as it faces heat over how social media impacts young people.
Apple, meanwhile, launched a new age verification system for app downloads in several countries and U.S. states to comply with laws requiring users of certain apps to be at least 18.
Last week, testifying about child safety, Meta CEO Mark Zuckerberg said the company isn’t seeking to make Instagram addictive to younger users, pushing back against claims that the app is designed to be harmful to children.
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The following stories are featured exclusively on The Flyover Podcast—a daily show that gives you the most important headlines in under 15 minutes. Clicking the link will take you directly to these stories:
➤ The Cuban coast guard killed multiple people aboard a Florida-registered vessel during a firefight.(Hear Details)
➤ Denmark’sprime minister called a snap election in hopes of capitalizing on current U.S.–Greenland tensions. (Hear Episode)
➤ IndyCar’s 2026 season begins Sunday, launching a packed schedule with three brand-new races. (Listen Now)
➤ A bipartisan bill from Sens. Josh Hawley and Jeff Merkley would ban investment firms with over $150 million in assets from buying single-family homes, in a drive to make more housing available to consumers. (More)
➤ Hillary Clinton testified behind closed doors on Thursday to the House Oversight Committee on the Jeffrey Epstein probe, saying she has no knowledge of his crimes and doesn’t recall ever meeting him. On X, she accused the committee of engaging in a partisan “fishing expedition.” Former President Bill Clinton is scheduled to testify today. (More)
➤ Vice President JD Vance and Medicare/Medicaid administrator Mehmet Oz announced a $259 million freeze on Minnesota’s Medicaid funding over alleged fraud, warning the state could lose up to $1 billion this year if it doesn’t produce a plan to solve the problem. (More)
➤ World Economic Forum President and CEO Børge Brende resigned after publicly released Epstein files revealed his connection with the convicted sex offender, the latest in a string of global figures to face professional consequences for their ties to Epstein. (More)
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➤ Toyota Racing Development signed 13-year-old Keelan Harvick—the son of NASCAR veteran Kevin Harvick—to a long-term driver deal this week. Worth noting: Kevin Harvick only ever drove Chevrolet and Ford during his career. (More)
➤ Anaheim Ducks head coach Joel Quenneville recorded his 1,000th career victory after beating the Oilers, which puts him just 244 victories behind Scotty Bowman for the most in NHL history. (More)
➤ Three-time Cy Young winner Max Scherzer is returning to play for the Toronto Blue Jays on a one-year, $3 million deal that includes up to $10 million in performance incentives. It’s the 41-year-old’s 19th MLB season. (More)
➤ A new study from the SEC and the Big Ten found that allowing college sports conferences to pool their media rights together would actually generate less money than the current arrangement. (More)
NASDAQ National Association of Securities Dealers Automated Quotations
22,878.38
-1.18%
▼
SPX S&P 500
6,908.87
-0.54%
▲
DJI Dow Jones Industrial Average
49,499.20
0.03%
▼
BTC Bitcoin
$67,369.70
-0.87%
▲
GOLD Per Ounce
$5,211.00
0.09%
▼
SILVER Per Ounce
$89.24
-1.87%
▲
OIL West Texas Intermediate Crude
$65.50
0.12%
▼
EOSE Eos Energy
$6.75
-39.32%
Bitcoin, gold, silver, and oil are traded 24 hours a day.
➤ Big Stock Move: Eos Energy stock dropped nearly 40% on Thursday after the company released a weaker-than-expected fourth-quarter earnings report. (More)
➤ Netflix walked away from its deal to buy Warner Bros. Discovery’s studio and streaming assets after Warner’s board deemed Paramount’s $31-per-share bid superior, netting Netflix a $2.8 billion breakup fee. (More)
➤ The average 30-year mortgage rate dipped below 6% for the first time since 2022, falling to 5.98% as the spring homebuying season gets underway. (More)
➤ Nvidia stock fell 5% on Thursday despite the company posting record revenue in the fourth quarter, beating Wall Street estimates. Investor concerns around the AI boom dampened enthusiasm over the earnings results. (More)
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➤ A crow-sized dinosaur weighing just 1.5 pounds has been identified from a near-complete fossil found in Argentina’s Patagonia, making it one of the smallest dinosaurs ever discovered. (See Illustration)
➤ Thunderstorms make the tips of leaves glow blue with faint electrical discharges that produce an ethereal blue glow too faint for human eyes to see. Scientists using a special UV camera observed the phenomenon outdoors for the first time while driving through a North Carolina storm. (See Photos)
➤ The world’s largest radio telescope array, ALMA, has produced its biggest image ever, revealing complex networks of gas and dust in the center of the Milky Way, near our galaxy’s supermassive black hole. (See Photos)
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➤ The FCC on Wednesday solicited public comments on live sports viewing and how paid streaming services have impacted broadcast TV stations’ ability to deliver local news, information, and other programming. (More)
➤ Hoda Kotb will continue co-anchoring Today with Craig Melvin, filling in for host Savannah Guthrie, amid the ongoing search for Guthrie’s missing mother, Nancy Guthrie, who was reported missing on Feb. 1. (More)
➤ The season finale of A Knight of the Seven Kingdoms, a Game of Thrones prequel, drew 42% more viewers than its premiere, averaged 26 million viewers globally per episode, and ranked as HBO Max’s third-largest series debut since its launch. (More)
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➤ A Wisconsin man is being hailed a hero after fighting a hotel fire with every extinguisher he could find, pulling the alarm, and helping rescue guests inside. (See Details)
➤ The World Nature Photography Awards announced its 2026 winners, giving top honors to an image of a rare white humpback calf named Mãhina. (See Photos)
➤ A new study of pizza chains nationwide ranked Round Table as the most overpriced, while San Jose was the most expensive major city with a $26.39 average takeout price. (See List)
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