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Good morning. It's Tuesday, Aug. 29, and we're covering a hurricane warning for parts of Florida's west coast, a federal trial set in the 2020 election interference probe, and much more. First time reading? Sign up here.


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Need To Know

Tropical Storm Idalia Intensifies

Tropical Storm Idalia is forecast to intensify into a Category 3 hurricane before striking Florida’s northwestern Gulf Coast early tomorrow. Experts predict Idalia will make landfall along the Big Bend region of Florida—roughly between the eastern Florida Panhandle and just north of Tampa Bay—with peak sustained winds between 111 to 129 mph and warn of a life-threatening storm surge of up to 12 feet in some areas.


Idalia is the ninth named storm of what is projected to be a busy Atlantic hurricane season. The storm is expected to head northeast (see trajectory), eventually bringing heavy rains to Georgia and the Carolinas through the end of the week.


Separately, Hurricane Franklin became the first major hurricane of the Atlantic season—Category 3 or higher—and is expected to bring swells to the eastern US coastline this week. Since 1966, only nine seasons have had two major hurricanes by the end of August. Read how Atlantic storms develop and are classified here


Trump Trial Scheduled 

A judge yesterday tentatively scheduled a March 4 start date for former President Donald Trump's federal trial in Washington, DC, over charges related to alleged interference in the 2020 presidential election. If the date holds, the trial would begin the day before Super Tuesday presidential primaries in 15 states. Special counsel Jack Smith had requested the trial to begin in January, while the defense had sought a 2026 start date. 


Trump, who is the front-runner for the Republican nomination, faces three other court dates (see overview), including in New York for allegedly falsifying business records and for a separate federal case brought by Smith over classified documents found at Trump's Mar-a-Lago residence. Those cases are slated to go to trial March 25 and May 20, respectively. Trump has maintained his innocence in all the cases. 


Separately, Trump and 18 other defendants are scheduled to be arraigned Sept. 6 in Fulton County, Georgia, for allegedly conspiring to overturn the 2020 election results at the state level. One of the defendants, former White House Chief of Staff Mark Meadows, testified yesterday in a bid to move his trial from a state court to a federal court. 


Spanish Soccer Turmoil

Spanish prosecutors will investigate Spanish soccer president Luis Rubiales for allegedly kissing national team member Jennifer Hermoso without her consent, the latest in an accelerating weeklong controversy.


The incident, captured on video, occurred after Spain won the Women's World Cup a week ago. Rubiales released an apology last week and has described the kiss as consensual; Hermoso has stated it was not. Calls for the 46-year-old to resign continued through the week, including from Spain's deputy prime minister, though Rubiales has refused. Over the weekend, the entire championship women's team said they would not play under Rubiales, while FIFA, soccer's world governing body, suspended Rubiales for 90 days.


In a move some observers argue was an act of leverage, the Spanish federation—which supports Rubiales—requested Europe's confederation suspend all Spanish soccer from play yesterday, which the confederation declined to do.


Rubiales' mother reportedly began a hunger strike in defense of her son. See a timeline of Rubiales' tenure as Spanish soccer president here

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In The Know

Sports, Entertainment, & Culture

> The 2023 US Open tennis championships kicked off yesterday from New York City; see full viewing schedule and preview (More)

> Elton John hospitalized overnight Sunday after falling at home in Nice, France (More) | Visual effects workers at Disney Pictures vote to unionize (More)

More than 40% of athletes, primarily football players, who died before age 30 had CTE according to new study (More) |  What is chronic traumatic encephalopathy? (More)


Science & Technology

> OpenAI launches ChatGPT enterprise, a version of its popular AI-powered chatbot for business applications (More)

> Researchers develop method to read RNA inside living cells, allowing them to track how cell behavior changes over time; may have applications in aging science (More) | What is RNA? (More)

> Exposure to intense light causes courtship behaviors in fruit flies, study finds; behavior was not seen in blind flies, suggesting it's triggered by visual stimulus (More)


Business & Markets

In partnership with The Ascent

> US stock markets close higher (S&P 500 +0.6%, Dow +0.6%, Nasdaq +0.8%); all three indexes are lower for the month of August (More)

> 3M to pay $5.5B to settle over 300,000 claims the company’s earplug products failed to protect military veterans from hearing loss (More)

> Wall Street investment bank Goldman Sachs agrees to sell part of its wealth business to wealth-management firm Creative Planning LLC (More)

From our partners: If cash back is king, this card is royalty. Even The Ascent's credit card experts couldn't resist. They applied for it, and it's an absolute slam-dunk if you're looking for a one-card wallet. Big sign-up bonus, up to 5% cash back, no annual fee, and the list goes on.


Politics & World Affairs

> University of North Carolina at Chapel Hill faculty member killed in campus shooting, no other injuries reported; suspect is in police custody (More) | Samuel J. Wurzelbacher, who became known as "Joe the Plumber" during 2008 presidential campaign, dies of pancreatic cancer at 49 (More

> Ukraine claims its forces have liberated the town of Robotyne in the Russian-occupied Zaporizhzhia region in the south (More) | Russia charges former US consulate worker for allegedly collecting information on the war in Ukraine for the US (More) | See updates on the war (More

> Hawaiian Electric releases statement claiming first fire in Maui began due to downed power lines amid high winds, faults county firefighters for second fire that reignited and turned into the deadliest wildfire in the US in over 100 years (More



> The Mysterious Man From Fifth Avenue

Slate | Josh Levin. Solving the decadeslong mystery of why American Joe Mauri starred in a 1986 Soviet propaganda film about life in the US in the middle of the Cold War. (Read)


> The $800 Million City

NY Times | Conor Dougherty, Erin Griffith. A group of ultrawealthy Silicon Valley investors is investing over $800M to purchase thousands of acres of farmland in the Bay Area, aiming to construct a new city from the ground up. (Read)

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Step Into the Carbon-Free Future


Several major car manufacturers are shifting toward hydrogen as an alternate fuel source. That’s great news for LiquidPiston as they create hydrogen-capable engines that are up to 80% smaller, 30% more fuel-efficient, and up to 10X more powerful than legacy engines


The company is already profitable and grew revenue 156% last year. For a limited time, they’re taking new investors with them as they aim to scale even further.


Disclosure: This is a paid advertisement for LiquidPiston’s Regulation A+ Offering. Please read the offering circular at invest.liquidpiston.com

Please support our sponsors!


Rare handfish spotted for first time in 25 years.

Stolen 36-foot-tall totem pole heads back to Canada.


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Historybook: "Casablanca" actress Ingrid Bergman born, dies (1915, 1982); Senator John McCain born (1936); Michael Jackson born (1958); Netflix is founded (1997); Hurricane Katrina makes landfall in Louisiana, kills more than 1,800 (2005).

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