10.30.2018

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Need To Know.
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Pittsburgh.
President Trump will visit Pittsburgh today following a deadly mass shooting that killed 11 people and injured six others at the city's Tree of Life synagogue over the weekend. The visit comes as funerals for the victims begin, with survivors recounting the horror of the 90-minute-long attack and subsequent shootout. The attacker, 46-year-old Robert Bowers, reportedly shouted anti-Semitic slurs while firing and hinted at his plans on the social media site Gab just minutes before entering the synagogue. Gab - which had become a haven for alt-right and white nationalist posters who had been kicked off sites like Twitter and Reddit - was forced offline yesterday after a number of service providers blacklisted the company. In Washington, Deputy Attorney General Rod Rosenstein announced the launch of a new website for reporting hate crimes. 
Britain Rolls Out Tech Tax.
The United Kingdom unveiled a tax geared towards tech giants like Facebook, Amazon, Google, and others. The first-of-its-kind "digital services" tax, rolled out as part of Britain's 2018 budget, would take effect in 2020 and levy a 2% tax on companies with global revenues of over £500m ($640M) per year and are profitable. While the budget states that the law applies to "digital businesses", it doesn't name specific companies (see language). Officials said the tax is meant to reflect the value that global internet-based companies derive from users in the United Kingdom. The new tax is expected to raise an additional £400m ($512m) a year. Countries around the world, including South Korea, India, Mexico, and more are exploring (paywall) similar taxes - critics say leaders should focus on how to use digital services to aid low income communities instead of taxing the companies. 
Merkel Plans Transition.
German Chancellor Angela Merkel announced yesterday that she would step down as leader of Germany's Christian Democratic Union (CDU) Party. Merkel also said she would not seek reelection when her term is up in 2021, nor would she seek further political office. The move signals the end of the career of a political figure who towered over European politics for over a decade. Partly due to the country's economic dominance - Germany represents over 20% of the 28-member union's total GDP - Merkel has often been referred to as the most powerful woman in the world and the de facto leader of Europe. The announcement comes on the heels of a surprising regional election in Bavaria in which Merkel's political allies were dealt their worst results since 1950, losing their absolute majority and ceding significant power to the Green Party and the far-right Alternative for Germany Party last week. 

Before politics, Merkel earned her doctorate in physical chemistry and worked as a research scientist - she entered politics in 1989 during the beginning of German reunification. 
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In The Know.
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Sports, Entertainment & Culture.
> Klay Thompson breaks single-game NBA record held by teammate Stephen Curry for most 3-pointers in a game with 14 (More)
> Cleveland Browns fire head coach Hue Jackson, offensive coordinator Todd Haley after disappointing 2-5-1 record to start season (More)
> Vanessa Hudgens, singer Tinashe lead cast tapped to star in live TV adaptation of Rent to air January 27 on Fox (More)
Science & Technology.
> Obese mice lose up to a third of their body fat after scientists introduce a natural protein, BP3, found to be a powerful metabolism regulator (More)
> Archaeologists find stone tools between 300,000 and 500,000 years old in Saudi Arabia's Nefud Desert, along with evidence that the area was once a grassland (More)
> Long-awaited phone, the RED Hydrogen One, with first-ever holographic display flops on pre-release (More)
Business & Markets.
> US consumer spending increases for seventh straight month in September; disposable income increase smallest in 15 months (More)
> Coca-Cola, L'Oreal among new companies pledging to eliminate plastic waste by 2025 (More)
> Grab - Uber rival in Southeast Asia - raises $200M funding from Priceline parent as it expands into financial service offerings (More)

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Politics & World Affairs.
> Pentagon to send 5,200 active-duty troops to the US-Mexico border, up from 800 as previously announced, will support border operations ahead of Central American migrant caravan (More) | 7,000-person migrant group expected to arrive in 2-3 weeks (More)
> Former No. 2 leader of al-Shabab, Africa's deadliest extremist group, runs for regional office in Somalia after defecting to the government (More)
> Hillary Clinton allies squash rumors of a 2020 presidential bid (More)
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MBA@Syracuse, the online MBA program from Syracuse University, can prepare you to rise through the ranks, lead a team, or start a business. Syracuse offers:

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The application deadline to start in January 2019 is November 9. Learn more about MBA@Syracuse today.

*Self-reported data by May 2017 alumni of Syracuse's online graduate business programs, pulled and calculated in March 2018.
 
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In Depth.
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The Beastie Boys Put Down the Mic.
New York Times | A.O. Scott. ...And pick up the pen. For a group that has been known for their nonchalant coolness, it may be a surprise that the Beastie Boys have decided to turn to text. Now in their 50's, the group has completed the Beastie Boys Book to define their legacy on their own terms. (Read, paywall)
Unbury the Hatchet.
The Ringer | Kate Knibbs. Ax-throwing has existed for centuries, but it took some enterprising lumberjacks to help it become a league sport in the US. Once confined to Canada, leagues are now manifesting all over the world. (Read)
Etcetera.
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New report says 35% of low-income homes in the US with school-age children lack high-speed internet
Here's how much your work suffers when you're sleep deprived
The best celebrity Halloween costumes of 2018
 
Kanye goes political with his new 'Blexit" merchandise line.
High winds forced this pilot to land her plane nearly sideways (w/ video).
A first-person perspective on what it's like to be both overweight and anorexic.*
Maine is helping pay off student loans in exchange for moving there
This large-scale ceramic art installation captures the fragility of the oceans' coral reefs
A stray cat steals the runway during a fashion show
Clickbait: 50 bananas walk into a liquor store
 
*Thanks to Natalie B. for the submission! Have something to share? Send it to us at [email protected].
Historybook: Christopher Columbus born (1451); HBD John Adams (1735); Orson Welles broadcasts The War of the Worlds radio hoax, causing mass panic in US (1938); Muhammad Ali defeats George Foreman in The Rumble in the Jungle (1974); HBD Ivanka Trump (1981).
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