Good Morning! On this date in 1800, President John Adams approved an expense of $5,000 to purchase books for use by legislators, thereby creating America’s Library of Congress. (See Video)
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Senate Passes Ukraine, Israel Aid Bill
The Senate passed a $95 billion House bill last night, providing military and humanitarian aid to Ukraine, Israel, and Taiwan, as well as approving a potential ban or forced sale of TikTok.
The bill goes now to President Biden’s desk for his signature, allowing the money to start flowing overseas. The final vote on the package was 79-18, with 15 Republicans voting against it.
It includes $61 billion earmarked for Ukraine, some of it structured as forgivable loans. Israel gets $26 billion, but $9.5 billion is carved out of that for humanitarian aid to Ukraine and Gaza, a measure Democrats insisted on.
The package also requires TikTok’s Chinese owner, Bytedance, to sell the social media app or see it banned in the U.S. The company has up to a year to comply.
California Seeks Equality in Airport Lines
A pair of California state senators have introduced a bill to stop Clear, the for-profit security screening company, from allowing people who pay to jump to the front of TSA security lines.
Clear is an expedited security company that charges members $189 a year to verify their identities at airports and escort them through security, allowing them to bypass TSA checkpoints.
The new bill seeks to block Clear from using general security lanes because it angers travelers who see those customers cutting in front of the line. The bill doesn’t prohibit Clear from operating security lines separate from other passengers.
GOP state Sen. Janet Nguyen said Clear highlights the advantages of the wealthy: “It becomes a haves vs. have nots where those who can afford it jump in front of the rest of us.”
List: Ranking the Richest Town in Every State
A new list ranks the wealthiest town in every state based on average household income, led by Brookville, NY, with an average income of $617,235. The list is here.
Nationally, the average American household earns about $105,800 each year. The ranking was pulled together from census data by examining information from nearly 14,000 towns.
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➤The Federal Trade Commission banned businesses from requiring employees to sign noncompete agreements, allowing up to 30 million employees to work for competitors or start a competing business upon leaving a job. (More)
➤ Donald Trump’s lawyers fought back against efforts to charge him with criminal contempt for violating a gag order, arguing he was defending himself against others’ attacks. The judge appeared frustrated but said he would decide later. (More)
➤ Meanwhile, newly unsealed records in former President Trump’s classified documents case suggest Trump may have brushed off warnings to return federal documents and promised pardons for those who helped him. (More)
➤ A Moscow court denied Wall Street Journal reporter Evan Gershkovich’s appeal to end his pretrial detention Tuesday, keeping him in jail on espionage charges until at least late June. (More)
➤ The Philadelphia 76ers, frustrated with the quality of officiating during their first two playoff losses to the Knicks, plan to file a grievance with the NBA. (More)
➤ St. Louis Cardinals infielder Nolan Gormansnapped an 0-for-19 slump with a two-run 425-foot walk-off home run Monday night, giving the Cards a 5-3 victory over the Arizona Diamondbacks. (See Video)
➤ Denver guard Jamal Murray stunned the Los Angeles Lakers Monday with a 15-foot jumper over an outstretched Anthony Davis at the buzzer, giving the Nuggets a 101-99 playoff win over the Lakers. (See Video)
➤ The Carolina Hurricanes scored two third-period goals within nine seconds to rally past the New York Islanders and win Game 2 of their playoff series 5-3. (See Video)
NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations
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SPX S&P 500
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DJI Dow Jones Industrial Average
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BTC Bitcoin
$66,379.0
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HCP HashiCorp, Inc.
$29.15
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➤ Big Stock Move: Hashicorp stock rose 19% Tuesday on reports that IBM was nearing a deal to acquire the cloud software company. (More)
➤ Apple’s iPhone sales in China dropped 19% in the first quarter, giving the tech giant its worst sales performance since 2020. (More)
➤ General Motors overcame a slight dip in U.S. vehicle sales and posted a first-quarter net income increase of more than 25% due to strong deliveries of pickup trucks and other high-margin models. (More)
➤ PepsiCo bested early estimates and reported a 2% increase in revenue for the first quarter on strong international demand for its snacks and beverages. (More)
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➤ Voyager 1, the most distant human-made object in the universe, has begun sending back coherent science data again after scientists transmitted a fix to the craft across 15 billion miles of space. (See Image)
➤Astronomers say an extra mini-moon may be orbiting Earth in the form of a fast-moving asteroid flung into space as a chunk of rubble when a giant rock strike created the Giordano Bruno crater. (See Photo)
➤ A marine biologist found she could help a wild octopus hunt for food by pointing to where crabs were hiding, and soon, she and the octopus were hunting as partners. (See Video)
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➤ It’s often hard for adults to meet and make new friends. One psychologist offers seven conversational phrases to help nurture new friendships. (See Phrases)
➤ One of the most difficult parts of life is dealing with loss. There are no easy answers, but here are 13 wise quotes that wrestle with this wrenching issue. (See Quotes)
➤ Most of us are natural-born procrastinators. To overcome this, one motivational speaker offers an easy three-step countdown trick for getting things done. (See Tip)
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➤ The FlipFork makes grilling easier and more convenient than ever before. With the combination of a fork, flipper, knife, bottle opener, and more, FlipFork is useful and effective.(See It Here)
➤Actor Kevin Bacon celebrated the 40th anniversary of “Footloose” with a little bit of dancing and a lot of gratitude at the Utah high school where he filmed the hit movie. (See Video)
➤ Two yearling mountain lions trapped in the spillway of a Colorado reservoir were saved from drowning after a dam worker spotted them. (See Rescue)
➤ Bottles of cherries discovered in the basement of George Washington’s home at Mount Vernon are believed to have been picked and bottled in the 1770s and stored for the future, archaeologists say. (See Photos)
Have you ever had a professional family portrait made?
Do you usually remember your dreams from the night before?
Yes: 26.3%
No: 31.8%
Vaguely: 41.9%
Daily Quote
“The least you can expect when you have to go through the security line at the airport is that you don’t suffer the indignity of somebody pushing you out of the way to let the rich person pass you.”
Senate Passes Ukraine, Israel Aid Bill
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