Good morning. It's Wednesday, Nov. 13, and we're covering sentencing in a US classified documents leak, a first-of-its-kind pollutant fee, and much more. First time reading? Join over 4 million intellectually curious readers. Sign up here.
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Pentagon Leaker Sentenced |
Jack Teixeira, a former Massachusetts Air National Guard member who was arrested last year for leaking classified US military documents, was sentenced yesterday to 15 years in prison. The incident is considered the most extensive intelligence breach in at least a decade.
The sentencing comes after Teixeira, who turns 23 next month, pleaded guilty in March to six federal counts of willfully retaining and transmitting national defense information. In exchange for his plea, officials spared Teixeira from being charged with additional counts under the Espionage Act (see history).
Teixeira was an information technology specialist who gained top-secret security clearance in 2021, two years after enlisting in the Air National Guard. Outside of work, he had been uploading a wide range of classified information, including about the war in Ukraine, to users on a Discord server (a gamer communication app) every week. The defense claimed Teixeira didn't mean to harm the US and was instead keeping his friends apprised of world events. |
Federal regulators announced oil and gas companies will be required for the first time to pay a fee for excess methane emissions, a rule likely to be overturned once the Trump administration takes office in January. The move stems from the 2022 Inflation Reduction Act's initiatives supporting clean energy.
Characterized as a super-pollutant, methane is 28 times more potent than carbon dioxide over 100 years. The oil and gas sector is the largest industrial source of methane in the US, particularly due to its reliance on a process known as gas flaring, a cost-cutting and safety measure that burns off excess gas amid drilling operations.
The fee would charge companies $900 per metric ton of methane in the first year. The Environmental Protection Agency estimates the fee would reduce emissions through 2035 by an amount equivalent to removing 8 million gas-powered cars from the roads each year.
Relatedly, a Dutch appeals court overturned a 2021 ruling requiring energy giant Shell to nearly halve its emissions by 2030. |
At least 35 people were killed and dozens injured after a man drove his small SUV into a crowd exercising at a sports complex in Zhuhai, southern China. The 62-year-old suspect, surnamed Fan, was reportedly distraught over how property was divided in a divorce settlement when he carried out the attack.
Fan was found unconscious in his vehicle with self-inflicted wounds and is currently receiving medical attention. The popular sports complex was busy with people engaged in various activities like running, dancing, and soccer. Chinese President Xi Jinping has called for severe legal action and urged local governments to prioritize public safety and social stability.
While China generally experiences low rates of violent crime due to its strict gun control laws, the country has seen a recent surge in attacks on civilians, including a fatal stabbing at a shopping center in September and an attack on US instructors in June. |
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Invest With The Sharks In This Tech Startup |
Remember when smart home tech company Ring pitched on Shark Tank at a $7 million valuation and got turned down—only to sell to Amazon for over $1 billion five years later? A deal the Sharks would regret declining, as that $700K offer would have turned into $100M!
A similar opportunity is emerging in the smart shades market with RYSE. When they appeared on Dragon’s Den (Canada’s version of Shark Tank), they walked away with two offers. And their potential could likely far exceed Ring’s, with the smart shades market expected to grow 23% annually through 2031.
Spotting winners isn’t easy, but the smart home industry has yielded massive returns for early investors and the Dragons think they’ve spotted one in RYSE. With a recent distribution deal that has them expanding in over 100 Best Buys, they are miles ahead of the competition. Don’t make the same mistake the sharks did, invest now.* |
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Sports, Entertainment, & Culture |
> English author Samantha Harvey's novel "Orbital" wins prestigious 2024 Booker Prize for best English-language novel published in the UK or Ireland (More) |
> Frank Auerbach, iconic British-German painter, dies at age 93 (More) | John Robinson, former head football coach for Southern Cal and the Los Angeles Rams, dies at age 89 (More) | Gerry Faust, former Notre Dame head football coach, dies at age 89 (More) |
> Film about former FTX founder Sam Bankman-Fried in the works at Apple and A24 (More) | Denzel Washington tapped for role in upcoming "Black Panther 3" film (More) |
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> Alphabet's Waymo makes its driverless robotaxis available to the general public in Los Angeles; company now logs 1 million autonomous miles per week (More) |
> Physical exercise can help stimulate the growth of nerve cells, study suggests; muscle contraction releases myokines, molecules shown to facilitate neural growth in lab experiments (More) |
> Ice core sample study suggests average global temperatures have risen 1.49 degrees Celsius (2.6 degrees Fahrenheit) above preindustrial levels; current estimates are about 1.3 degrees Celsius (More) | Explaining the 1.5 degree Celsius threshold from the Paris Agreement (More) |
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> US stock markets close lower (S&P 500 -0.3%, Dow -0.9%, Nasdaq -0.1%) for first time since Election Day (More) | Bitcoin briefly hits $90K for first time (More) |
> Justice Department sues to block UnitedHealth Group's $3.3B acquisition of home and hospice care provider Amedisys (More) | Elliott Management pushes Honeywell to separate into two businesses after taking $5B stake (More) | 23andMe reports 12% year-over-year revenue decline in second quarter; report comes one day after company said it is laying off 40% of its workforce (More) |
> Elon Musk, Nvidia CEO Jensen Huang, and Microsoft CEO Satya Nadella top Fortune's annual list of 100 most powerful people in business (More) |
📈 1440 Business & Finance: Tomorrow's email explores the gig economy, which employs millions of Americans and has disrupted everything from transportation to dining. Get it in your inbox tomorrow—sign up here for free. |
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In partnership with Motley Fool Money |
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> President-elect Donald Trump selects South Dakota Gov. Kristi Noem (R) to lead Department of Homeland Security, former Arkansas Gov. Mike Huckabee (R) to serve as US ambassador to Israel, Fox News host Pete Hegseth as secretary of defense, former Texas congressman John Ratcliffe (R) as CIA director; see all Trump picks here (More) |
> Archbishop of Canterbury Justin Welby, head of the Church of England, resigns following review indicating he failed to report a barrister's serial sexual abuse of boys in the 1980s; Welby is the first Anglican archbishop to resign over a sexual abuse scandal (More) | Read last week's report (More) |
> Federal Aviation Administration pauses US flights to Haiti for 30 days after gangs in Port-au-Prince open fire on Spirit Airlines flight from Florida to Haiti and separate JetBlue flight from Haiti to New York City; violence follows Haiti leadership shake-up (More) | Who is Haiti's new prime minister? (More) |
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A Pre-IPO Company On The Verge Of Taking Off? |
What if you had the opportunity to invest in the biggest electronics products as they launched into big box retail, would you? Ring changed doorbells and Nest revolutionized the thermostat. Early investors in these smart-home companies earned massive returns, but the opportunity to invest was limited to a select, wealthy few.
Not anymore. RYSE has just launched in 100+ Best Buy stores, and you're in luck—you can still invest at only $1.75/share before their name becomes known nationwide.* |
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