3.6.2024

Facts, without motives.
 

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Good morning. It's Wednesday, March 6, and we're covering a big day for US primaries, a historic moment for college athletes, and much more. First time reading? Sign up here.

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Need To Know
 

Super Tuesday Results

Voters in 15 states and the US territory of American Samoa headed to the polls yesterday on what is known as Super Tuesday, the single biggest day of primary voting in the presidential election cycle. 

 

President Joe Biden and former President Donald Trump won almost every race, continuing on their trajectory toward becoming the 2024 presidential nominees. As of this writing, Biden has secured roughly 79% of the 1,968 Democratic delegates needed to pass the threshold, and Trump has secured roughly 87% of the 1,215 Republican delegates needed, per projections. See live updates here.

 

Meanwhile, former South Carolina Gov. Nikki Haley won Vermont's GOP primary, while businessman Jason Palmer won American Samoa's Democratic caucus. Separately, seven states included an "uncommitted" option or similar, following a movement in Michigan to protest Biden's response to the Israel-Hamas war.

 

In other races, Rep. Adam Schiff (D, CA-30) and former baseball player Steve Garvey (R) emerged from California's "top-two" primary, beating out Rep. Katie Porter (D, CA-47) as leading candidates to replace the late Sen. Dianne Feinstein (D). In North Carolina, Lt. Gov. Mark Robinson (R) and state Attorney General Josh Stein (D) will face off to replace Gov. Roy Cooper (D), who is term-limited.

 

Dartmouth Athletes Unionize

The Dartmouth men's basketball team voted to unionize yesterday, the latest step in challenging the long-standing amateur model of college sports. The 13-2 vote means the players will be allowed to negotiate on issues like compensation and working conditions, including practice hours. Dartmouth has until March 12 to file an objection to the union.

 

Last month, the National Labor Relations Board ruled the players are employees of the university after the varsity players submitted a petition in September to the NLRB requesting to unionize. Dartmouth filed motions last week to ask the NLRB office to reconsider its ruling.

 

The union vote comes amid a broader effort to cut back restrictions on compensation for student-athletes. The NCAA has historically barred college athletes from receiving compensation beyond scholarships (athletic scholarships are banned in the Ivy League) and some related costs of education. The NCAA proposed in December a new subdivision that would allow some schools to enter into name, image, and likeness deals directly with their students.

 

Bitcoin Surges (Then Drops)

The price of bitcoin, the world's largest cryptocurrency by market value, reached an all-time high of $69,210 yesterday before retreating. The digital asset has risen nearly 200% year-over-year after sinking as low as $13K in November 2022 amid the collapse of the cryptocurrency exchange FTX. Observers attribute the surge to new investor-friendly exchange-traded funds of the coin as well as to a much-anticipated halving event next month that will lead to an expected drop in the bitcoin supply.

 

Bitcoin is a decentralized digital currency built on secure blockchain technology and has a market value of roughly $1.35T. Bitcoin "miners," who use energy-intensive computer rigs to identify the next coded block in the chain, receive rewards via new bitcoin—currently 6.25 BTC (how mining works). The amount of this reward has halved every four years, in accordance with the protocol initiated by pseudonymous founder Satoshi Nakamoto in 2008. Read Nakamoto's white paper here.  

 

Roughly 94% of all bitcoins—out of 21 million—have been produced so far. Analysts predict the coin will be fully mined by 2140.

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In The Know
 

Sports, Entertainment, & Culture

In partnership with The Ascent

> Team USA takes on Canada tonight (10:15 pm ET, Paramount+) in the women's CONCACAF Gold Cup semifinals (More) | Two-time tennis Grand Slam champion Simona Halep wins appeal on doping ban, can return to play for first time since 2022 (More)

> Director Roman Polanski's defamation trial began yesterday in France; Polanski is accused of defamation by a British actress who accused Polanski of sexual assault (More) | TV producer Nigel Lythgoe denies Paula Abdul's allegations of sexual assault (More)

> Japanese architect Riken Yamamoto wins prestigious Pritzker Architecture Prize (More) | See gallery of some of Yamamoto's top designs (More)

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Science & Technology

> Meta platforms—including Facebook, Instagram, and Threads—suffer hourslong outage, affecting hundreds of thousands worldwide; no cause publicly identified, government officials say cyberattack unlikely (More)

> Scientists vote down proposal to formally recognize the Anthropocene as a distinct geologic epoch defined by humankind's impact on Earth; reports suggest disagreement over when period would have begun (More) | See previous write-up (More)

> Oldest known sex chromosome in animals discovered; study suggests the genetic feature developed in ancient octopuses roughly 380 million years ago (More)

 

Business & Markets

> US stock markets close lower (S&P 500 -1.0%, Dow -1.0%, Nasdaq -1.7%); Apple shares drag broader market down after report finds iPhone sales in China fell 24% in first six weeks of the year (More)

> Consumer Financial Protection Bureau caps credit card late fees to $8 per month, down from an average of $32 per month for a missed or late payment; policy expected to go into effect later this spring (More)

> Target shares rise 12% after beating revenue and earnings estimates despite drop in quarterly sales; company plans to open up 300 new stores over next decade, introduce new paid membership program (More)

 

Politics & World Affairs

> Sen. Kyrsten Sinema (I-AZ) will not seek reelection, clearing field for a race likely between Rep. Ruben Gallego (D, AZ-3) and Kari Lake (R) (More) | Sen. John Barrasso (WY) to run for GOP whip as Sen. John Thune (SD), the current whip, and Sen. John Cornyn (TX) run for GOP leader (More) | Sen. Bob Menendez (D-NJ) faces new charges over allegations of acting as a foreign agent to Egypt (More)

> Liberty University fined $14M by Education Department for failing to disclose sexual assault crimes on campus in largest fine of its kind (More)

> The International Criminal Court issues arrest warrants for three Russian officials for their alleged role in the war in Ukraine in second round of warrants (More) | Haiti gangs attempt to seize the main airport in the country's capital (More)

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Etcetera
 

Tumbleweeds are taking over parts of Utah.

 

Inside the 165 luxury apartments aboard a private ship.

 

Scientists isolate the gene responsible for rare brown pandas

 

America's most prolific donor in 2023: Michael Bloomberg.

 

People who live in warm places are "coolcationing."

 

... and Miami Beach officials are trying to reel in spring break.

 

Colin Firth’s wet Mr. Darcy shirt from "Pride & Prejudice" is up for sale.

 

... while the booth from "The Sopranos" finale sells for $82,600.

 

Clickbait: Who says fish are quiet?

 

Historybook: Michelangelo born (1475); Davy Crockett and 186 others are killed at the Battle of the Alamo (1836); Aspirin is patented (1899); Shaquille O’Neal born (1972); Artist Georgia O’Keeffe dies (1986).

"When you’re righteous, you don’t have to tell people that you’re righteous."

- Shaquille O'Neal

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.

 

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