Good Morning! On this day in 1780, General Benedict Arnold plotted to hand over West Point to the British in exchange for money and a high position in the British army. The plan was discovered, and Arnold became synonymous with the word “traitor.”
What’s in a name? Loki Skywalker Mowbray faced potential denial of a British passport due to trademark concerns. (See below.) American parents of the hundreds of children named Anakin, Lando, and Leia might want to prepare extra identification for UK travel.
Today we’re sponsored by EnergyX, which is offering an opportunity to invest in a ground-breaking lithium extraction company.
Secret Service Protection Bill Passes House
The House unanimously passed a bill enhancing Secret Service protection for former President Trump and other officials following two assassination attempts on the Republican nominee.
By a 405-0 vote, lawmakers directed the Secret Service to use uniform standards in determining agent numbers for protecting presidents, vice presidents, and major candidates.
The bipartisan bill, introduced after the first assassination attempt on Trump in July at a rally in Pennsylvania, is separate from proposed measures that would approve additional funding for the Secret Service.
It’s unclear if the Senate plans to consider the measure.
Constellation is set to invest $1.6 billion to revive the reactor, pending approval by the Nuclear Regulatory Commission approval, as well as securing state and local permits.
Microsoft announced it signed a 20-year deal with the energy firm to purchase all power from the restarted reactor, aiming to fuel its AI-driven data centers with carbon-free energy by 2028.
Three Mile Island could potentially create 3,400 jobs and contribute $16 billion to the state’s economy, Constellation officials say.
What to Watch This Weekend
As football season progresses, networks and streaming services are launching new and returning shows, many of which appeal to nostalgia. You can see a list here.
Paramount+ showcases three Hollywood icons in its lineup: Sylvester Stallone in “Tulsa King” and Kelsey Grammer reprising his role in the “Frasier” revival. Rounding out the star-studded offerings, Oscar-winner Kathy Bates leads a reboot of the classic series “Matlock.”
Max debuted “The Penguin” to classic comic book fans this week, with Colin Farrell reprising his role from 2022’s “The Batman.” This dark, gritty series offers a fresh take on one of Batman’s most recognizable villains.
For the more daring, Netflix’s “Monsters” series returns with a look into the notorious case of Lyle and Erik Menendez, brothers who shocked the nation and grabbed headlines by murdering their parents in 1989.
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➤ A Secret Service report released Friday revealed that a series of communication breakdowns, unaddressed vulnerabilities, and agent complacency at a July rally led to the shooting and wounding of former President Trump. (More)
➤ Eight Democrats voted with House Republicans Friday to overturn a Biden administration rule requiring automakers to make a significant portion of their fleets electric. (More)
➤ Sheriff Shawn Stines has been charged with first-degree murder for allegedly shooting and killing Kentucky District Judge Kevin Mullins in his courthouse chambers following an argument on Thursday. (More)
➤ New York Magazine Washington correspondent Olivia Nuzzi is on leave following reports of an alleged “romantic” relationship with former independent presidential candidate Robert F. Kennedy Jr. (More)
Did you know that the United States sits on the third-largest lithium reserves in the world? That’s a big deal considering lithium demand projects to grow 20X by 2040. Well, spanning 600 miles from Florida to Texas, there’s a massive opportunity waiting – a reserve so big the entire industry took note. It just so happens to be right in EnergyX’s backyard.
Known as the Smackover Formation, this immense reserve possesses higher lithium concentrations than any other in the United States. EnergyX’s patented tech extracts lithium 300% more efficiently than conventional methods. Plus, where modern methods take 12+ months, they need just two days.
With a $5M DOE grant toward Project Lonestar, a recently announced US lithium plant smack dab in the Smackover, they’re ready to take full advantage. By the time Project Lonestar is fully up and running, it will be producing 5X as much lithium as today’s top-producing lithium plant. Seize your piece of this $546B energy storage treasure – invest in EnergyX before their early-stage capital raise closes October 3.
➤ Los Angeles Dodgers superstar Shohei Ohtani hit his 51st home run on Friday, drove in a team-record ten runs, became the first player with 50 homers and 50 stolen bases in a season, and clinched his first MLB postseason appearance. (See History)
➤ Former MVP Joel Embiid and the Philadelphia 76ers agreed to a three-year contract extension, guaranteeing him $299.5 million through 2028-29, as Embiid hopes to remain with the team for his entire career. (More)
➤ Former Oklahoma star Josh Heupel returns to Norman, Oklahoma as the coach of No. 6 Tennessee, facing his alma mater, the No. 15 Sooners, in a primetime SEC opener today. (See Details)
Early voting began in three states on Friday, with Minnesota and South Dakota accepting absentee ballots and Virginia becoming the first state to open in-person voting sites. (More)
The Georgia Election Board ruled 3-2 on Friday that ballots must be hand-counted by local precincts in the swing state, less than 50 days before November’s presidential election. (More)
The Supreme Court upheld a lower court decision blocking Green Party presidential candidate Jill Stein from appearing on Nevada’s general election ballot. (More)
Flying together with our sponsor
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Daily Market Report 09/20/2024
▼
NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations
17,948.32
-0.36%
▼
SPX S&P 500
5,702.55
-0.19%
▲
DJI Dow Jones Industrial Average
42,063.36
0.09%
▼
BTC Bitcoin
$62,872.25
-0.11%
▲
GOLD Per Ounce
$2,647.20
2.29%
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For General Motors to succeed in meeting its EV transition target by 2035, they’ll need up to 414,469 tons of lithium per year. That’s why the automaking behemoth led a $50M investment round for lithium extraction startup EnergyX.
It’s not just cars that need batteries, either. The entire $546B energy storage market will depend on securing reliable sources of lithium. EnergyX’s plan to produce 65,000 tons per year will help them lead the charge. However, EnergyX is only accepting shareholders until October 3.
This is a paid advertisement for EnergyX’s Regulation A+ Offering. Please read the offering circular at invest.energyx.com/.
➤ The European Union has pledged an additional $39 billion to support Ukraine’s economic recovery and infrastructure rebuilding, bringing the bloc’s total military and economic aid to over $132 billion since 2022. (More)
➤ Israeli officials confirmed they launched an airstrike that killed a senior Hezbollah commander and 10 other operatives in Beirut Friday, saying Israel was committed to defending their citizens. (More)
➤ Senior U.S. officials doubt that Israel and Hamas will reach a ceasefire before President Biden leaves office, with one official stating, “No deal is imminent,” according to a report in the Wall Street Journal. (More)
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➤ Disgraced entertainment mogul Sean “Diddy” Combs is on “procedural” suicide watch as he awaits trial in federal custody on three felony counts, including racketeering and sex trafficking. (More)
➤ A British family’s passion for the Star Wars franchise nearly derailed a family vacation when their son, Loki Skywalker Mowbray, was initially denied a passport due to copyright concerns. (More)
➤ A pair of escaped pigs, cheered on by schoolchildren, were finally captured near a Canadian elementary school on Wednesday after evading police, animal control, and multiple rescue groups for two days. (See Video)