2.12.2024

Facts, without motives.
 

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Good morning. It's Monday, Feb. 12, and we're covering rising tensions over Israel's operations in Gaza, a Super Bowl thriller, and much more. First time reading? Sign up here.

 

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Need To Know
 

Egypt Warns Israel

Egyptian officials threatened yesterday to suspend its peace treaty with Israel should the country's forces advance into the border city of Rafah. The warning comes as Israeli President Benjamin Netanyahu reiterated plans to move into the city, saying evacuation routes were being established for civilians. 

 

An estimated 1.5 million people—roughly 65% of Gaza's population—has sheltered near Rafah (see overview), having been displaced by Israel's north-to-south operation. It is also home to the main border checkpoint for delivering aid into the territory, which officials say is at risk of acute famine.

 

The Egypt-Israel treaty stretches back to the 1978 Camp David Accords (see history), which established the first formal peaceful relationship between Israel and an Arab neighbor. 

 

Separately, Israel revealed a network of tunnels discovered in Gaza City underneath the headquarters for the United Nations Relief and Works Agency in Palestine. The agency had come under recent criticism after allegations a dozen of its employees participated in Hamas' Oct. 7 attack in Israel. 

 

Late yesterday, Israel announced they had rescued two hostages from captivity in an overnight operation. See updates on the war here.

 

Chiefs' Dynasty Rolls On

The Kansas City Chiefs won Super Bowl LVIII last night, beating the San Francisco 49ers 25-22 in a dramatic overtime finish. It marked just the second overtime game in Super Bowl history and the first time a team has won back-to-back titles since the New England Patriots in 2003-04. 

 

Both teams' field goal kickers were showcased throughout the night. Combining for seven field goals, 49ers kicker Jake Moody made the longest kick in Super Bowl history at 55 yards—only to be outdone by the Chiefs' Harrison Butker, who drilled a 57-yarder in the third quarter. 

 

The victory is the Chiefs' fourth championship in franchise history and their third in the past five years. Star quarterback Patrick Mahomes threw for 333 yards and two touchdowns, en route to being named Super Bowl MVP (his third time winning the award). Watch the winning play here.

 

Skipped the on-the-field action? See the best (and the worst) commercials here.

 

Michael Jackson's Music 

Sony Music Group has reportedly bought half of the late Michael Jackson's recording and publishing rights for $600M after a year of negotiations. The deal, if finalized, values the iconic pop artist's music catalog at $1.2B, the richest to date. 

 

Classic music catalogs are increasingly viewed as safe long-term assets able to withstand economic upheaval. Investors in recording rights earn royalties every time a track is bought or streamed, while publishing rights holders can license the music for use in film, TV, ads, and more. A growing number of artists have sold part or all of their catalogs in recent years to simplify their estate planning, realize tax benefits, or cash-in amid uncertainty over their legacy, from Bruce Springsteen to Katy Perry (see list).

 

Jackson was a pioneer in investing in music catalogs, having famously outbid Paul McCartney for the rights to the Beatles' music in 1985, a move which reportedly significantly strained their relationship. 

In partnership with SmartAsset

7 Mistakes When Choosing A Financial Advisor

 

Working with a financial advisor can be a crucial part of healthy retirement planning.

 

Research suggests that people who work with a financial advisor feel more at ease about their finances and could end up with about 15% more money to spend in retirement.¹ But choosing the wrong one could wreak havoc. Learn how to navigate the common mistakes when hiring an advisor so you can work to potentially save years of stress. See the list.

 

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1. "Journal of Retirement Study Winter" (2020). The projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of your future results. Please follow the link to see the methodologies employed in the Journal of Retirement study.

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In The Know
 

Sports, Entertainment, & Culture

> Mariah Carey, Cher, Lenny Kravitz, and Mary J. Blige highlight 15 nominees for 2024 class of the Rock & Roll Hall of Fame (More)

> Kelvin Kiptum, current marathon world record holder, dies at 24 in car crash (More) | Iowa's Caitlin Clark scores 31 but falls eight points short of breaking NCAA women's career scoring record in loss to Nebraska; will have next attempt at record Thursday (More)

> Christopher Nolan wins top prize for "Oppenheimer" at 76th Directors Guild of America; see full list of winners (More) | Movie box office has worst Super Bowl weekend in more than three decades, with films only bringing in $40M combined (More)

 

Science & Technology

In partnership with Brilliant

> Asteroid fragments that landed near Berlin in late January recovered; rocks revealed to be aubrite, a rare mineral potential originating from the planet Mercury (More)

> North Carolina aquarium reports potential asexual reproduction in a stingray; birth expectedly shortly, researchers say the ray may also have been impregnated by a bamboo shark (More) | What is parthenogenesis? (More, w/video)

> Researchers pinpoint genetic mutation allowing people from the Peruvian Andes to better function in low oxygen environments; adaptation is similar to that seen in Tibetan populations and some deep-sea fish species (More)

From our partners: Become smarter every day with Brilliant. From foundational math to AI, data science, and beyond—Brilliant’s bite-sized, interactive lessons are the best way to sharpen your mind and build real knowledge every day. Join 10M+ people and start learning with a free 30-day trial today.

 

Business & Markets

> Markets end Friday mixed (S&P 500 +0.6%, Dow -0.1%, Nasdaq +1.25%), but all three indexes notch fifth straight winning week; S&P 500 finishes above 5,000 for the first time in index history (More)

> Google One, the company's bundled consumer cloud storage service, hits 100 million paid subscribers; Google-owned YouTube Premium passed 100 million paid users Feb. 1 (More)

> Moody's credit rating agency downgrades Israeli debt from A1 to A2, citing economic toll of war in Gaza (More) | CEO of Nigeria's Access Bank, the largest in Africa by total customers, dies in California helicopter crash (More)

 

Politics & World Affairs

> US Senate clears procedural vote on $95B foreign aid bill in rare Super Bowl Sunday session, final vote expected this week; similar bill with border-related funding failed Wednesday (More) | Defense Secretary Lloyd Austin hospitalized Sunday with bladder issue; Austin failed to inform White House of previous extended stay last month (More)

> Independent supporters of jailed former Prime Minister Imran Khan win most seats in Pakistani parliamentary elections, followed by military-backed party (More) | Center-right candidate Alexander Stubb wins Finland presidential election (More) | Three dead in protests over delayed presidential elections in Senegal (More)

> Two wounded, including a young child, after woman opens fire at celebrity pastor Joel Osteen's Lakewood Church in Houston Sunday; assailant reportedly shot and killed by two off-duty officers (More)

In partnership with SmartAsset

Vanguard vs. Fidelity vs. Schwab

 

Who are you partnered with? It’s no secret these could be considered three of the most popular brokerage firms. But they stack up slightly differently when it comes to fees and their specific suite of services. Learn more about who should work with Vanguard, Fidelity, and Schwab.

 

Try SmartAsset's no-cost tool to get matched with up to 3 vetted financial advisors serving your area. While your advisor matches may not necessarily be associated with the above institutions, consulting a fiduciary can be a great first step toward a comfortable retirement. Get your financial advisor matches today.

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Etcetera
 

Football remains America's favorite sport—by far.

 

... And Team Ruff defeats Team Fluff in Puppy Bowl XX

 

Satellite sleuth spots the military's secret X-37B spaceplane.

 

Welcoming the Year of the Dragon, in photos.

 

See the colorful, temporary ice huts of Canada's frozen lakes

 

You can now cuddle up at a pig café

 

The smart-toothbrush hack that didn't actually happen

 

Two-hundred-foot Alabama radio tower disappears without a trace.

 

Clickbait: Why the tiny island of Anguilla loves AI.

 

Historybook: President Abraham Lincoln born (1809); Biologist Charles Darwin born (1809); Children’s author Judy Blume born (1938); President Bill Clinton acquitted on impeachment charges (1999); “Peanuts” cartoonist Charles Schulz dies (2000).

"The best books come from someplace inside. You don't write because you want to, but because you have to."

- Judy Blume

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