4.26.2023

Facts, without motives.
 

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Good morning. It's Wednesday, April 26, and we're covering the US president's 2024 reelection run, the passing of a legendary entertainer and activist, and much more. First time reading? Sign up here.

 

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Need To Know
 

Biden Reelection Bid

President Joe Biden formally announced yesterday he would run for reelection in 2024, ending months of speculation over his plans. 

 

The decision sets up a potential rematch of the 2020 election between Biden and former President Donald Trump. Analysts say Biden's run will likely keep major Democratic challengers from entering the race, while a number of GOP candidates have declared thus far. Current polling shows Trump far ahead of the Republican primary field, including against Florida Gov. Ron DeSantis, who has not yet formally declared his candidacy.

 

Biden's bid also comes amid polls showing dampened public enthusiasm for a rematch between the two after a contentious 2020 race. Less than 50% of voters signaled they wanted either candidate to run—43% for Biden, 49% for Trump (see questions 7 and 8 here)—while almost 40% said they feel "exhausted" over the possibility. Biden and Trump will be 81 and 78 years old, respectively, by next year's election.

 

See who has officially declared for the 2024 race here.

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Sudan Health Lab Seized

The World Health Organization yesterday warned of a high risk of a biological hazard in Sudan's capital of Khartoum after a national health lab was seized by one of two parties fighting for control of the city. The lab, located outside of the Sudan military's headquarters and near the center of Khartoum, holds samples of a range of diseases, including measles, polio, and cholera. It's unclear which party has captured the facility. 

 

At least 459 people have been killed and over 4,000 injured since fighting began 11 days ago in the North African country between the Sudanese Armed Forces and the opposing Rapid Support Forces (see overview). Thousands of Sudanese citizens have fled from the violence into neighboring nations, including roughly 20,000 to Chad. The UN refugee agency expects up to 270,000 people to flee to Chad and South Sudan—two of Sudan's seven neighbors. 

 

Governments continued to evacuate foreign nationals as fighting carried on despite a 72-hour cease-fire brokered by the US and Saudi Arabia. See evacuation efforts here

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RIP 'King of Calypso'

Harry Belafonte, the Grammy-winning Caribbean-American folk singer and civil rights activist who became one of the first leading Black actors in Hollywood, died early yesterday of congestive heart failure in Manhattan. He was 96. 

 

Born in Harlem in 1927 to Caribbean parents, Belafonte would serve in the US Navy during World War II before gaining popularity singing in New York jazz clubs and stage-acting. His 1956 album "Calypso"—featuring Caribbean folk hits "Day-O" and "Jamaica Farewell"—became the first album to sell more than 1 million copies, launching his music career into film and TV. His 1959 TV special "Tonight with Belafonte" would earn him an Emmy—the first for a Black performer.

 

Beyond entertainment, Belafonte was an outspoken civil rights activist for seven decades, both in the US and abroad, including as a confidant and financial sponsor for Dr. Martin Luther King, Jr. See his life in photos here.

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In partnership with Aura Health

This $100B Untapped Market Is Transforming

 

Mental health is a massively untapped $100B opportunity in an estimated $4.8T global wellness market. And it’s only getting bigger—rapidly.

 

That’s why brothers and Forbes 30 Under 30 winners Steve and Daniel Lee started Aura Health, the all-in-one mental wellness marketplace already with 7 million users and 100,000+ paying subscribers. They quickly attracted investments from Silicon Valley investors and executives at Spotify, Facebook, Masterclass, and Apple. And they’re just getting started.

 

Over 1,000 people have already invested in Aura; don’t miss out on this rare opportunity to back a rapidly-growing start-up transforming mental wellness. Only two days left to invest in Aura before the opportunity ends on 4/28.

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In The Know
 

Sports, Entertainment, & Culture

> Prince William received "very large sum" from Rupert Murdoch's UK media arm in 2020 phone hacking lawsuit settlement (More)

> Fox News ratings for the 8 pm ET time slot drop 21% in first night since Tucker Carlson's exit from the network (More)

> Netflix to invest $2.5B over the next four years to develop films and television shows in South Korea (More) | First-ever Barbie doll representing a person with Down syndrome released yesterday by Mattel (More)

 

Science & Technology

> First private lunar probe appears to have failed after Tokyo-based startup ispace loses contact with craft as it approached the moon's surface (More)

> Neuroscientists pinpoint mechanism that allows long-term memories to be stored in the brain (More) | US health officials approve treatment for rare form of Lou Gehrig’s disease (More)

> Genetic sequencing of ancient humans surpasses 10,000 samples, marking a milestone in the analysis of early human civilization (More)

 

Business & Markets

In partnership with The Ascent

> US stock markets close lower (S&P 500 -1.6%, Dow -1.0%, Nasdaq -2.0%) on growing bank fears; First Republic Bank shares fall 49% after Monday’s earnings report (More)

> Alphabet (Google) beats revenue and earnings expectations, authorizes $70B stock buyback (More) | Microsoft beats revenue and earnings expectations on strong cloud momentum (More

> General Motors increases full-year 2023 profit outlook, will drop electric Chevy Bolt from vehicle lineup (More) | McDonald’s beats revenue and earnings expectations on higher prices and more customer visits (More

From our partners: 0% APR is 100% reality. This card features a whopping 18 months of 0% intro APR on balance transfers (that's well into 2024!), and an additional 0% intro APR on purchases. However, these aren't the only perks of this lucrative card. It also gives you the chance to rake in cash back deals—with no annual fee. Apply today.

 

Politics & World Affairs

> Islamic State leader responsible for 2021 Kabul airport bombing that killed 13 US troops and 170 Afghans reportedly killed in raid by Taliban fighters (More) | The difference between ISIS, Al-Qaeda, and the Taliban (More)

> Jury selection begins in civil trial brought by journalist E. Jean Carroll against former President Donald Trump over allegations of sexual assault and defamation stemming from an incident in the mid-1990s (More)

> Up to 150 civilians reportedly killed by government forces in the West African country of Burkina Faso in operations meant to target jihadist groups (More) | Death toll from Kenyan starvation cult hits 90 victims (More)

In partnership with Aura Health

Two Brothers Solving A $100B Problem

 

After seeing their mother struggle with depression, Forbes 30 Under 30 brothers founded Aura to reinvent the $100B mental wellness industry. Aura has quickly grown to 7 million users, 100,000+ paying subscribers, and attracted investments from notable investors in Silicon Valley. 

 

Last call: Only two days left to join Aura as an investor before the opportunity ends on 4/28.

 

Disclosure: This is a paid advertisement for Aura Health Regulation CF Offering. Please read the offering circular at invest.aurahealth.io.

Please support our sponsors!

Etcetera
 

Ranking the pain of stinging insects.  

 

Rounding up the world's best culinary experiences.

 

New Orleans student receives record $9M in scholarships

 

See the Earth in 4K from the International Space Station.

 

How SpaceX's Starship could change the economics of space.

 

Watch an animatronic dragon burst into flames at Disneyland.

 

Mexico intercepts 11,520 tequila bottles filled with liquid meth

 

Want to drink beer from the 1930s? Now's your chance.

 

Clickbait: Solving the mystery of the Tully monster.

 

Historybook: John Wilkes Booth killed 12 days after assassinating President Lincoln (1865); Former first lady Melania Trump born (1970); The worst nuclear disaster in history occurs in Chernobyl (1986); Lucille Ball dies (1989); Deadliest tornado in history kills 1,300 in Bangladesh (1989).

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