Good morning! On this date in 1989, a misstatement at an East German press conference encouraged crowds to break through the Berlin Wall, effectively bringing it down after nearly 30 years. (See Photos)
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Haley, Ramaswamy Spar at GOP Debate
The third GOP presidential debate was more orderly than the first two, despite Vivek Ramaswamy’s continued attacks on Nikki Haley over China and her daughter’s use of TikTok. Her response: “You’re just scum.“
Substantively, the first hour focused on foreign affairs, and the second hour on domestic issues. None of the candidates attacked Donald Trump directly and his name barely came up, even though he’s leading in the polls by more than 40 points.
Trump himself skipped the debate and instead held a rally for the Cuban-American community in Hialeah, Fla., where lines stretched for blocks hours ahead of time.
Hunter’s lawyer said the president’s son is “eager” to testify in a public forum, while the White House and other leading Democrats denounced the investigation as an evidence-free “smear campaign.”
Fight Looms Over History’s Biggest Treasure
Colombia declared a national mission to raise the “Holy Grail of shipwrecks,” the sunken Spanish galleon San Jose with its lost treasure of 200 tons of gold, silver, and emeralds worth up to $20 billion. See video of it here.
The ship sank off Colombia in 1708, and the wreck wasn’t discovered by Colombian divers until 2015. But a U.S. salvage company claims it found the wreck in 1981 and is fighting in arbitration for $10 billion, or half the treasure.
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➤ In a state-election blue wave, Democrats won major victories on Tuesday in Virginia, Ohio, Pennsylvania, and New Jersey. Analysts said abortion remained the key issue driving Democrat victories. (More)
➤ The House voted to censure Rep. Rashida Tlaib over her use of pro-Hamas rhetoric, with 22 Democrats joining the Republican majority. Tlaib, the only Palestinian-American in Congress, accused President Biden of supporting genocide. (More)
➤Democrat Susanna Gibson, who won notoriety for appearing in sex videos with her husband for tips, lost her race for Virginia’s House of Delegates by less than 1,000 votes to Republican businessman David Owen. (More)
➤ Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence in an effort to battle “deep-fake” images and video in the coming election year. (More)
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➤ The College Football Rankings are out,with the top eight spots, led by Ohio State and then Georgia, unchanged. Oklahoma dropped eight spots to 17th after losing to Oklahoma State, which jumped seven spots to No. 15. (See Rankings)
➤ World Series games were fasterthis year than any Series since 1996, clocking in at an average of 3 hours 1 minute for nine-inning games, nearly a half-hour speedier than the last two years. Analysts give full credit to the new pitch-clock rule. (More)
➤ Javier Baez, a former bantamweight Mixed Martial Arts fighter, was attacked in a parking lot by a knife-wielding stranger and responded by reflex as if it were an MMA match — except this fight was over in seconds. (See Video)
Market Report 11/8/23
▲
NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations
13,650.41
+0.08%
▲
SPX S&P 500
4,382.78
+0.10%
▼
DJI Dow Jones Industrial Average
34,112.80
–0.12%
▲
BTC Bitcoin
$36,380.0
+2.07%
▲
ADYEY Adyen N.V.
$9.60
+34.27%
➤ Big Stock Move: Adyen stock jumped 34% Wednesday after the electronic payments firm adjusted its forecast to be more realistic and reported a 22% gain in net revenue year over year. (More)
➤ Warner Bros. Discovery stock dropped 19%, with the company reporting a decline in ad revenue and flat subscriber numbers. CEO David Zaslav said media was undergoing a “generational disruption.” (More)
➤ Nextdoor, the neighborhood social media platform,laid off 25% of its 700 full-time employees to cut costs by as much as $60 million. The company lost $38 million in the third quarter. (More)
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➤ The world’s largest aircraft,a prototype electric airship backed by Google co-founder Sergey Brin, is ready to start testing. The 400-foot-long blimp is the largest built since the gigantic Hindenburg airship of the 1930s. (See Photos)
➤ Camouflauge in the animal world is a matter of survival, and birds are masters at it. Audubon has released photos of hidden birds, challenging readers to find them. (See Photos)
➤ A controversial paper claimingthe discovery of a room-temperature superconductor has been retracted from the journal Nature. Scientists challenged the results as soon as they were published. (More)
➤ A record 70% of American adults support the legalization of marijuana, according to a new Gallup poll. A majority in both parties said they approve of legalization, including nearly 90% of Democrats and 55% of Republicans. (See Poll)
➤ Half of U.S. adolescents want showsto focus more on friendships and platonic relationships. Nearly half felt romance was overused in media and that sex was unnecessary in most TV and movie plots. (See Summary)
➤ The Pew Research Center polled Americansabout their knowledge of government, and most knew how the Supreme Court and Congress worked, but fewer understood the filibuster or the length of a Senate term. (See Survey)
➤ Texas officials issued a shelter-in-place orderafter a chemical plant explosion in a rural area outside Houston released a huge cloud of potentially toxic black smoke. At least one worker was injured in the blast. (See Video)
➤ Actor and race car driver Patrick Dempsey was named “Sexiest Man Alive” by People Magazine. Dempsey played the character known as McDreamy on “Gray’s Anatomy.” (See Photos)
➤ French love letters unopened for 265 yearshave been read for the first time after being found in a box at Britain’s National Archives. The letters were written to men captured during the Seven Years’ War. (More)
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“How can it be explained that a private company finds (history’s) biggest treasure and fails to report it? The answer is simple: because it did not find it.”
— Colombia’s response in arbitration over ownership of $20 billion of sunken treasure.