3.26.2024

Facts, without motives.
 

In partnership with

Good morning. It's Tuesday, March 26, and we're covering a Supreme Court hearing on an abortion pill, leadership changes at Boeing, and much more. First time reading? Sign up here.

You share. We listen. As always, send us feedback at [email protected].

Need To Know
 

SCOTUS Weighs Abortion Pill

The US Supreme Court will hear arguments today on whether to restrict access to abortion medication mifepristone, a technique used for roughly 60% of abortions in the US last year. A 2023 lower court ruling to ban pandemic-era mail deliveries and telemedicine prescriptions of the drug, as well as limit its use to seven weeks, was put on hold in April. A high court decision is expected in June.

 

Mifepristone is an oral pill taken within 10 weeks of conception that blocks production of progesterone, an essential hormone in early pregnancy. Four pills of a second drug, misoprostol, are taken 24 to 48 hours later to empty the uterus. Plaintiffs argue the Food and Drug Administration failed to adequately study the drug's safety before approving it in 2000. The FDA reports five deaths for every 1 million users, a rate lower than the commonly used antibiotic penicillin.

 

Since the Supreme Court removed federal protections for the procedure in 2022, abortions have increased nationwide, even as 14 states have passed total bans.

 

UN Approves Gaza Cease-Fire

Israel canceled a diplomatic visit by its senior advisers to Washington, DC, yesterday after the UN Security Council passed a resolution calling for an immediate cease-fire in Gaza and the unconditional release of all hostages. The approval comes after four previous attempts failed.

 

The US, one of 15 council members, abstained from voting, while the rest of the council (see overview) voted in favor of the legally binding resolution. The resolution calls for a halt in fighting for the remainder of Ramadan, the Islamic holy month of fasting, which ends in roughly two weeks. The US said it abstained because the resolution didn't condemn Hamas. Israeli Prime Minister Benjamin Netanyahu criticized the US for not vetoing the resolution, saying the language used didn't explicitly tie the cease-fire to the release of the hostages.

 

An Israeli delegation was previously set to meet the Biden administration today for talks on Israel's imminent ground operation in Rafah, where an estimated 1 million Palestinians are sheltering. The Biden administration still plans to raise its concerns with Israel's defense minister, who is in Washington this week on a separate trip.

 

See updates on the war here.

 

Boeing Executive Shake-Up

Boeing CEO David Calhoun announced yesterday he would depart his position at the end of the year, a decision that followed a series of safety issues at the plane manufacturer. The head of the company's commercial airplane unit, Stan Deal, will resign immediately, while the board chairman, Lawrence Kellner, won't run for reelection in May. 

 

The company has faced intense scrutiny from both the public and federal officials following the blowout of an improperly installed door plug with missing bolts on a January flight. No deaths resulted (see previous write-up), though Boeing failed almost three dozen checks during a subsequent federal safety audit and now faces a criminal inquiry from the Justice Department. 

 

Calhoun himself was brought in as CEO four years ago amid a major crisis, after a pair of fatal crashes involving a separate issue with Boeing's 737 Max 8 models led to the deaths of 346 passengers and crew. 

In partnership with Eli Electric Vehicles

Investors Are Noticing This EV Startup

 

Eli Electric Vehicles must be doing something right. This seed-stage startup is poised to dominate the $470B micro-EV industry, having already sold hundreds of their compact, energy-efficient EVs in Europe. Eli is clearly making waves—this year, they are launching in the fast-growing US market, boasting a manufacturing capacity of 4,000+ vehicles annually.

 

Specifically designed for short city trips, Eli’s flagship micro-EV, the Eli ZERO, is the iPad of cars, if conventional cars were laptops. It fills the massive gap between bikes and cars, offering a convenient, cost-effective, and sustainable solution for daily travel. There is more—they’re pioneering new products and technologies to offer an array of micro-EVs for multiple applications. This is your chance to be part of something with huge potential.

 

Don’t let this moment slip away—become an early Eli shareholder and invest before April 4 to get 5% free shares with your investment.

Please support our sponsors!

In The Know
 

Sports, Entertainment, & Culture

In partnership with The Ascent

> Comedian and actor Kevin Hart becomes 25th recipient of prestigious Mark Twain Prize for American Humor (More) | Golden Globes tapped to air on CBS for next five years (More)

> Brazilian soccer star Dani Alves released from prison after posting $1.1M bail while appealing rape conviction (More) | Tiger Woods' tech-infused golf league TGL set to launch January 2025, one year later than anticipated after the league's dome collapsed in November (More)

> Sean "Diddy" Combs' residences in Miami and Los Angeles raided by federal officials amid ongoing investigations of sex trafficking and sexual assault (More)

From our partners: Here's how to put interest on ice for nearly two years. The Ascent found a few cards offering 0% intro APR on qualifying balance transfers for up to 18 months, giving you nearly two years to pay off your balance sans interest. Learn more about it today.

 

Science & Technology

> European regulators announce probes against Google, Apple, and Meta, the first set of investigations under the European Union's new Digital Markets Act antitrust law (More)

> Engineers use large language models to help robots predict motions to allow them to self-correct after mistakes, continue on without needing human intervention (More)

> Honeybee colonies in the Pacific Northwest at risk of collapse as temperatures warm; study suggests older worker bees emerge earlier in the spring, grow fatigued and die before new replacement workers emerge (More)

 

Business & Markets

> US stock markets close lower (S&P 500 -0.3%, Dow -0.4%, Nasdaq -0.3%) to start shortened trading week (More) | Truth Social owner Trump Media and Technology Group to begin trading today on Nasdaq under stock ticker DJT (More)

> Civil fraud trial of former cryptocurrency giant Do Kwon begins in New York; Kwon, who will be tried in absentia, is accused of driving a $45B crash of the TerraUSD and Luna coins in 2022 (More) | Adam Neumann reportedly submits bid to buy back WeWork for over $500M (More

> Electric vehicle startup Lucid Motors raises $1B from affiliate of Saudi Arabia's Public Investment Fund (More) | Electric vehicle startup Fisker shares halted after falling 28% since Friday on news of potential deal collapse with large automaker (More

 

Politics & World Affairs

> New York appeals court temporarily pauses enforcement of $454M judgment in former President Donald Trump's civil business fraud case if Trump posts a lowered bond of $175M within 10 days as appeals process plays out (More) | Trump's hush money trial set to begin April 15 with jury selection (More)

> Florida Gov. Ron DeSantis (R) signs legislation banning children under 14 from signing up for social media accounts while requiring parental permission for 15 and 16 year olds; the law, effective Jan. 1, is expected to be challenged (More

> US charges group of China-linked hackers with conspiracy to commit computer intrusion and conspiracy to commit wire fraud, accuses group of spending 14 years targeting US and foreign critics, businesses, and political figures (More

 

In-Depth

> The Guest Who Wouldn't Leave

NY Times | Matthew Haag. How Mickey Barreto turned his one-night $200 stay at the New Yorker Hotel into his full-time residence for five years—for free—all thanks to an obscure New York City law. (Read)

 

> Being Caitlin Clark

ESPN | Wright Thompson. A coming-of-age story and inside look into the world of rising basketball star Caitlin Clark and the Iowa Hawkeyes' latest season. (Read

In partnership with Eli Electric Vehicles

This EV Company Is In The Fast Lane

 

Eli Electric Vehicles is reinventing urban mobility with compact, efficient, and affordable micro-EVs – marking a major disruption in the current daily transportation system.

 

In keeping with their growing valuation, Eli has expanded to six countries (and counting), supplied Avis’ Bora Bora rental fleet with their vehicles, and demonstrated exceptional capital efficiency compared to other EV startups. Join 3,000+ investors and become an Eli shareholder while you still can.

Please support our sponsors!

Etcetera
 

Spectacular images of this month's full Worm Moon.

 

Visualizing hearing and vision decline by age.

 

The scientific search for ghost particles.

 

A 4,300-year-old Egyptian tomb found with wall paintings.

 

Photo captures bobcat snapping up a blue heron

 

The 13 most expensive Rolex watches ever sold.

 

DoorDash tests Wendy's drone delivery in small Virginia town.

 

Barbie-pink sea pigs among strange species found in the Pacific.

 

Clickbait: Sperm whale "poonado" thwarts orca attack

 

Historybook: Poet Walt Whitman dies (1892); Sandra Day O'Connor, first female US Supreme Court justice, born (1930); Journalist Bob Woodward, known for reporting on Watergate scandal, born (1943); Singer Diana Ross born (1944); Bangladesh declares independence from Pakistan (1971). 

"Give freely of yourself always to your family, your friends, your community, and your country. The world will pay you back many times over."

- Sandra Day O'Connor

Why 1440? The printing press was invented around the year 1440, spreading knowledge to the masses and changing the course of history. More facts: In every day, there are 1,440 minutes. We’re here to make each one count.

 

Send us your feedback at [email protected] and help us stay as unbiased as humanly possible. We’re ready to listen.

 

Interested in reaching smart readers like you? To become a 1440 partner, apply here.

*Disclosure: This is a paid advertisement for Eli Electric Vehicles’ Regulation CF offering. Please read the offering circular at invest.eli.world.

 

1440 Media 222 W Merchandise Mart Plaza, Suite 1212 Chicago, IL 60654

Copyright © 2024, 1440 Media, All rights reserved.

J

 

Join a community of over 3.6 million intellectually curious individuals.

100% free. Unsubscribe anytime.

Don't miss out on the daily email read by over 3.6 million intellectually curious readers.