Good morning. This morning’s news comes via the r/news feed at Reddit.
Since Tesla CEO Elon Musk announced his bid to buy social network Twitter, shares in his electric vehicle maker have dipped by more than 35%, and closed down just 3.6% for the day on Friday, amid a market rally that followed a volatile week. By way of comparison, the Nasdaq Composite is down by about 18% over the same time frame. Musk first announced he had agreed to buy Twitter on April 25, 2022. Tesla shares closed that day at $332.67, and closed today at $207.47 capping his first full week of Twitter ownership – Tesla stock has dropped more than 35% since Elon Musk first said he’d buy Twitter (CNBC ~ Tech)
Nov 2 (Reuters) – Beauty pageant operator Miss United States of America LLC cannot be forced to allow transgender women to compete because doing so would interfere with its ability to express “the ideal vision of American womanhood,” a U.S. appeals court ruled on Wednesday. The San Francisco-based 9th U.S. Circuit Court of Appeals in a 2-1 decision rejected a lawsuit by Anita Green, a transgender activist, claiming that Miss United States of America’s policy of only allowing “natural born” women to compete violates an Oregon anti-discrimination law – U.S. beauty pageant can exclude transgender contestants, court rules (Reuters)
DES MOINES, Iowa – Strong sales boosted a Powerball jackpot to an estimated $1.6 billion on Friday, making it the largest lottery prize in history. A drawing will be held Saturday night for the Powerball prize, which hasn’t been won in more than three months. The advertised jackpot is the prize for a winner who chooses an annuity, paid annually over 29 years. Almost all winners instead opt for the cash prize, which for Saturday night’s drawing would be an estimated $782.4 million. The new jackpot tops the previous record prize of $1.586 billion won in 2016 by three Powerball players in California, Florida and Tennessee – Powerball jackpot up to $1.6 billion, new lottery record (AP ~ AP News)
WASHINGTON, Nov 4 (Reuters) – An early fall spike in influenza cases has pushed U.S. hospitalization rates for the illness to the highest in a decade for this time of year, U.S. health officials said on Friday, noting that vaccination rates are down. The rising flu cases come alongside pressure on hospitals from respiratory syncytial virus (RSV) and COVID cases, officials said, urging people to get vaccinated and offering to assist states that may need additional support – U.S. flu hospitalizations highest in 10 years, officials say (Reuters)
On Thursday evening under clear skies, 500 lighted drones were flown in a synchronized show against the Manhattan skyline to mark 10 years of the wildly popular cellphone game Candy Crush Saga. The display was flown over land, from neighboring New Jersey, so as not to violate New York City airspace restrictions and laws prohibiting drones within city limits. What the company described in sugary language as the brief transformation of the Manhattan skyline into a “candified carnival”, according to Fernanda Romano, the company’s chief marketing officer, was a 10-minute light display, with the sky as “the largest screen on the planet”. The local Democratic state senator Brad Hoylman railed against the stunt, saying it was “outrageous” to “spoil” the city’s famous skyline “for private profit”. Millions of migratory birds pass over the city every year and many crash into lighted buildings and can be disorientated by objects such as drones – Backlash after 500 drones light up New York City sky to celebrate Candy Crush (The Guardian UK edition ~ World – US – New York)