Friday, March 8, 2024

FRIDAY, MARCH 8, 2024

Good Morning! On this day in 1987, Mike Tyson became the youngest heavyweight champ ever when he defeated James Smith in 12 rounds. Tyson is 57 now, but as you’ll read in today’s edition, he’s not quite done fighting.

We goofed in yesterday’s edition and wrote that Destin, FL, is on the Atlantic coast—which, of course, it’s not. We know that because one of us actually spent last Christmas there, and we also know it because Flyover readers are the best proofreaders in the entire world. Thanks for keeping an eye on us!

If you haven’t subscribed to The Flyover yet, you can do that here with one click.

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Biden Delivers State of the Union Speech

President Biden delivered the State of the Union address last night before a joint session of Congress.

His Democratic colleagues cheered as he touted his record on the economy, job creation, American manufacturing, and labor unions in a campaign-style speech that critics marked as unusually partisan for a SOTU address.

Biden referred to former President Trump as “my predecessor” and attacked Republicans by invoking January 6, Roe V. Wade, taxes, the border, and prescription drugs.

The President had several gaffes during his speech. The most profound was referring to Laken Riley, the nursing student murdered by an illegal immigrant last month, as Lincoln Riley, after Margerie Taylor Green interrupted the speech and goaded Biden into speaking about the murder. He referred to the killer as an “illegal,” a choice of words that angered some Democrats.

TikTok Crackdown Bill Clears Committee

A House bill demanding TikTok to break with Chinese parent company ByteDance cleared committee in a 50-0 vote on Thursday. It’s expected to receive a full vote in the House.

If passed, the bill will require TikTok and other applications to divest from Beijing-based ByteDance within 180 days of enactment or be banned in America. The legislation also provides the executive branch a path to ban foreign-owned apps.

Officials said the bill was necessary to prevent the Chinese government from accessing Americans’ personal data.

TikTok pushed back on the concerns and said they never shared American data with China.

NYC Calls in National Guard to Subways

Hundreds of National Guard troops will be deployed to the New York City subway system as part of Gov. Kathy Hochul’s new five-point safety plan to combat a 13% jump in subway crime.

The plan also calls for an additional 1,000 police officers, random bag checks, train cameras, mental health outreach, and amending a law to ban repeat offenders.

Hochul’s announcement comes after a week where a 64-year-old was assaulted, an attempted rape of a 20-year-old woman, and a subway conductor was slashed in the neck.

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➤ Florida Governor Ron DeSantis chastised Nikki Haley for not endorsing former President Trump: “You signed the pledge … you’re gonna not take your ball and go home,” he said. (More)

➤ Sweden ended decades of neutrality Thursday and formally became NATO’s 32nd member. NATO has added both Sweden and Finland following Russia’s 2022 invasion of Ukraine. (More)

➤ Former President Trump capitalized on momentum from Super Tuesday and challenged President Biden to a debate, “It is important for the Good of our Country, that Joe Biden and I Debate,” he wrote on a social media post. (More)

➤ Another presidential candidate has called out President Biden for a debate. Jason Palmer, the businessman who won the American Samoa caucus, said it was time for Biden to get on the debate stage. (More)

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➤ Former heavyweight champion Mike Tyson and YouTuber Jake Paul will headline Netflix’s first live boxing match in July. This is 57-year-old Tyson’s first pro fight since 2005. (More)

➤ The New Jersey Interscholastic Athletic Association admitted officials were wrong to waive off a last-second shot that cost Manasquan High School a chance to play for a title. The school wants an injunction to stop the tournament. (More)

➤ Iditarod officials assessed a two-hour penalty to Dallas Seavey for failing to properly gut the attacking moose he killed. Seavey left the moose on the course, and it was retrieved and processed later. (More)

➤ Cole Brauer became the first U.S. woman to sail solo around the world this week. The 29-year-old skipper sailed her 40-foot sailboat 26,000 nautical miles in 130 days. (See Photos)

Market Report 03/07/2024

▲	NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations	16,273.38	+1.51%
▲	SPX S&P 500	5,157.36	+1.03%
▲	DJI Dow Jones Industrial Average	38,791.35	+0.34%
▲	BTC Bitcoin	$67,273.63	+1.79%
▼	TLPFY Teleperformance SE	$47.19	–21.75%

➤ Big Stock Mover: Call center company Teleperformance missed revenue targets and dropped 22%. CEO Daniel Julien says that AI can help employees get more accurate information, but it can’t replace the humans placing calls. (More)

➤ Federal Reserve Chair Jerome Powell announced yesterday that interest rates will remain unchanged until he’s confident that “inflation is moving sustainably toward 2 percent.” (More)

➤ iPhone sales have dropped 24% in China this year as Apple faces increased competition from Chinese technology companies like Huawei, Oppo, and Xiaomi. (More)

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➤ Voyager 1, one of NASA’s oldest spacecraft, sent a batch of incoherent messages to Earth, baffling scientists who are trying to reverse engineer technology from the 1970s to fix the deep space probe. (More)

➤ In an experiment, bumblebees managed to solve two-step physical problems in order to access sugar water, and then they taught other bumblebees how to do the same. It was the first time the behavior had been observed in bees. (More)

➤ A comet more than 9,000 feet in diameter will travel past the Sun in April. Scientists captured an image of the comet and its ion tail. (See Photo)

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➤ An English couple and their dog were trapped in their burning apartment when garbagemen Steve Whitehouse and Kevin Marriott heard the screams. The pair rushed into the flames and saved the occupants. (See Photos)

➤ Braylon Edwards, a former Michigan and NFL football player, rescued an 80-year-old man from a locker room altercation with a 25-year-old over music. “At the end of the day, I was just, that’s what you do,” Edwards said. (More)

➤ Colorado Springs native Nichole Ayers fulfilled her childhood dream by becoming an astronaut this week. “I was a really serious little kid who set my goals on getting into the Air Force Academy and trying to be an Air Force pilot very early on in my life,” she said. (More)

➤ Xcel Energy acknowledged one of its facilities was involved in starting the Smokehouse Creek Fire, the largest wildfire in Texas history that burned more than a million acres of land. (More)

➤ Chewing gum manufacturers hope that marketing gum as a way to reduce stress and boost concentration will revitalize a market that is down 32% since 2018. (More)

➤ A Wisconsin family spotted an escaped 450-pound pig named Kevin Bacon on their security camera. They fed the pig apples, rice cakes, tomatoes, and carrots and returned him to his farm. (See Photos)