7.19.2023

 

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Good morning. It's Wednesday, July 19, and we're covering a US soldier willfully crossing into North Korea, record-breaking heat for much of the world, and much more. First time reading? Sign up here.

 

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Need To Know
 

American Soldier Detained

US service member Travis King is reportedly in North Korean custody after crossing the heavily fortified border from South Korea, according to a UN official yesterday. The incident occurred at the Joint Security Area within the demilitarized zone between North and South Korea, known to be full of land mines and has stationed troops and guard posts on both sides.

 

Officials revealed the US citizen had served time at a detention facility in South Korea and was being escorted back to the United States for disciplinary reasons. However, he managed to slip through airport security and join a border tour before willfully crossing into North Korea.

 

The incident is expected to add to already heightened tensions between North Korea and the US following a recent visit of a US nuclear submarine to South Korea. Visiting North Korea has been banned since 2017 after the death of American student Otto Warmbier, who suffered severe injuries during detention there. See other Americans who have crossed into North Korea here.

 

A Hemisphere of Heat

A global heat wave spanning much of the Northern Hemisphere continued yesterday, breaking or nearing heat records and setting off health alerts in regions across Asia, Europe, North Africa, and the United States. The latest stretch of extreme heat comes after global average temperatures reached their highest level on record last month. 

 

Phoenix recorded its 19th consecutive day with temperatures reaching at least 110 degrees, breaking a five-decade-old record. On Sunday, China recorded its highest-ever temperature at 126 degrees, while Europe came close to its record of 120 degrees; an airport in Iran saw the heat index—which accounts for humidity's effect—reach a dangerous 152 degrees. The World Meteorological Organization warned of an increased risk of heat-related deaths in light of the hemisphere-wide trend.

 

Additionally, California's Death Valley came within 2 degrees of the hottest air temperature record on Earth, while in nearby Las Vegas, several passengers awaiting takeoff fainted amid triple-digit temperatures. Read what extreme heat does to the human body here.

 

Wildcats Hazing Suit

A former Northwestern football player has filed a lawsuit against the Wildcats' ex-coach Pat Fitzgerald and university leadership, including the school's president and athletic director, over alleged hazing in the football program. The lawsuit comes about a week after Fitzgerald, who served as head coach of his alma mater for 17 seasons, was fired from the Big Ten school following an independent investigation finding allegations of hazing by 11 current or former players. 

 

The unidentified player in the lawsuit, who was part of the program from 2018-22, alleges he and other players were subjected to sexual harassment, including forced nudity and racial discrimination. Fitzgerald maintains he had no knowledge of hazing within the program. The Daily Northwestern student newspaper first detailed the hazing incidents (read here). A separate group of eight former Northwestern football players announced Monday they are pursuing their own case against the school.

 

According to the NCAA, 74% of student-athletes have said they experienced at least one form of hazing while in college.

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Nikolay and Alec Shkolnik founded LiquidPiston with a simple goal: rethink the way

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Using their patented thermodynamic cycle, they created a revolutionary rotary engine with 10X the power-to-weight ratio of legacy piston engines while achieving up to 30% more fuel efficiency. It can even run on a range of fuels, from diesel to hydrogen (with near-zero carbon emissions). Their breakthrough is the first major disruption to the combustion engine in over 100 years.

 

As a result, the company has earned over $30M in US government contracts and 10,000+ investors so far. For a limited time you can become an early shareholder in LiquidPiston. Make sure to lock in their current share price by investing by tomorrow, 7/20.

 

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In The Know
 

Sports, Entertainment, & Culture

In partnership with Babbel

> UK actors union to rally Friday in London and Manchester in solidarity with Screen Actors Guild (More) | Model Gigi Hadid arrested and fined in Cayman Islands for marijuana possession (More) | Search warrant issued at Las Vegas home in connection with 1996 murder of rapper Tupac Shakur (More

> Daniel Weinman wins World Series of Poker main event title, defeating more than 10,000 other players to take home record-breaking $12.1M prize (More)

> NBC's Peacock announces first-ever price increase amid revenue struggles (More) | "Barbie" projected for more than $100M at opening weekend box office (More)

From our partners: This year's must-have travel accessory. Created by expert linguists, Babbel teaches fun bite-sized daily lessons to help you start speaking a new language in just three weeks. Simply pick one of 14 languages and you’ll be guided through podcasts, games, and live virtual classes—no more vocab flashcards. Download Babbel today to receive 55% off a lifetime subscription and learn your dream language(s)!

 

Science & Technology

> Meta (Facebook) makes its large language model, Llama 2, free for commercial and research use in bid to compete with OpenAI's GPT-4 model; the latter underpins the popular ChatGPT chatbot (More) | How large language models work (More)

> Astronomers detect the brightest gamma-ray burst on record; the intense burst of high-energy radiation is believed to have originated from a collapsing star located 2.4 billion light-years away (More)

> New fossil discovery reveals a prehistoric mammal in the act of preying on a dinosaur; specimen provides insight into predator-prey dynamics from the Cretaceous period (More)

 

Business & Markets

> US stock markets close higher (S&P 500 +0.7%, Dow +1.1%, Nasdaq +0.8%); all three indexes close at highest levels since April 2022 (More)

> Morgan Stanley and Bank of America shares up after beating earnings expectations (More)

> Microsoft shares up 4% after announcing new $30 per month AI subscription service for Microsoft 365 products (More)

 

Politics & World Affairs

> Russia reportedly gathers 100,000 troops near Ukraine's northeastern border according to claims from Ukrainian officials; analysts say move may be meant to distract Ukraine from its counteroffensive in the south (More) | See updates on the war here (More)

> Michigan attorney general charges 16 people in alleged fake elector scheme to overturn the state's results in the 2020 election (More) | Former President Donald Trump receives formal notice he is part of a federal grand jury investigation into efforts to overturn the 2020 election (More)

> Death toll in Kenyan doomsday cult reaches 400 victims as officials discover 12 more bodies (More) | See background on the apocalyptic religious group (More)

In partnership with LiquidPiston

A New Breed of Engine

 

LiquidPiston’s revolutionary X-Engine™  is changing the game in the $400B combustion engine market. Their engine delivers up to 10X the power density of legacy engines and is optimized for hybrid-electric uses, from cars and drones to generators and more. It can even run on low-to-zero carbon fuels like hydrogen.

 

Their 156% revenue growth over the last year shows how massive the demand is for their tech. Now they’ve opened up a limited-time opportunity for you to join them as a shareholder to accelerate their growth even more. Join 10k+ investors by investing in LiquidPiston while you still can.

 

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!

Etcetera
 

Powerball jackpot hits $1B, the third-highest prize ever.

 

Fan selfie causes massive pileup at Tour de France.

 

The most Barbie-pink places on Earth.

 

New office building in India surpasses Pentagon to become world's largest.

 

Two historic Scottish courses that shaped modern golf.

 

A look at some of the records broken by Taylor Swift.

 

Emergency slide falls from plane and lands in nearby neighborhood.

 

Ranking the uniforms of the 2023 Women's World Cup.

 

Clickbait: Finding the restaurant with the most amount of brothers. (via Twitter)

 

Historybook: Inventor and businessman Samuel Colt born (1814); First US women’s rights convention held (1848); Maurice Garin becomes first winner of Tour de France (1903); Sports journalist Stuart Scott born (1965); First GPS signal transmitted (1977).

"Our life's journey is really about the people who touch us."

- Stuart Scott

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