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Charlotte Shootout Ends In Tragedy

Your unbiased daily news brief

Good morning and happy Tuesday. If you have flown lately, you may have noticed motion sickness bags are nowhere to be found on many airplanes these days. Which is bad news for both the queasy and the folks who collect them. Yes, they do exist. Have a great day!

In Today’s Brief

  • Arizona: No migrant shooting retrial

  • Gaza: New ceasefire deal hopes

  • Gaetz: Last-second primary foe

  • FCC: Big fines for wireless carriers

  • Premier League: Salary cap talks

... and more

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Top Tips

1) 'We lost some heroes'

Four law enforcement officers were killed in a shootout yesterday in Charlotte, North Carolina.

  • What happened: The U.S. Marshals Task Force attempted to serve a warrant for a firearms violation by a convicted felon at a residence around 2 p.m. ET. A firefight then broke out. Eight cops were shot, with four eventually succumbing to their wounds — a deputy Marshal and three local officers. The other officers suffered non-life threatening injuries.

  • More details: The warrant subject opened fire with a high-powered rifle outside the house; he was shot and killed by police. There was additional gunfire from inside the house. Police secured the scene about three hours after the incident; a SWAT team stormed the house during the exchange. Two “people of interest” inside the home were detained for questioning.

  • The aftermath: Charlotte-Mecklenburg Police Department Chief Johnny Jennings said it was the worst shooting involving officers he could remember in over 30 years on the force. "We lost some heroes," he said.

2) Ready to rumble

Hunter Biden is taking Fox News to court.

  • The news: Biden's legal team said it will "imminently" file a lawsuit in a letter to the cable news network, alleging it has engaged in a "conspiracy" to defame President Joe Biden's son. Hunter Biden has hired celebrity attorney Mark Geragos to lead the case.

  • The claims: Fox News has tried to "paint [Biden] in a false light" by publishing discredited bribery allegations, according to the letter. The legal team also said the network is violating "revenge porn" laws by airing nude photos it knows were hacked or stolen.

  • Big picture: Biden has gone on a legal offensive in recent months, filing several lawsuits related to his infamous laptop while dealing with his own tax and firearm charges. This one could be the most explosive as his father seeks re-election. Biden's team asked top Fox stars like Sean Hannity to save documentation in the letter.

3) Charging back

Elon Musk's Tesla is pulling itself off the mat.

  • What happened: Musk received approval to expand Tesla's business in China after a surprise trip to Beijing. Musk specifically got the go-ahead to roll out self-driving software in the country after meeting with Premier Li Qiang, who called the electric vehicle manufacturer a successful model for U.S.-Chinese collaboration.

  • The reaction: Tesla's share price was up over 15% on the news, climbing to just over $194 at the closing bell. The stock is still down almost 22% for the year, but its recent surge has helped level out its drop to under 2% over the last six months despite many struggles.

  • Big picture: Musk has been adamant Tesla's full-service driving will be a game-changer for the company. The China news, coupled with an earlier stock price jump despite poor Q1 numbers, indicate the markets are still listening. And it can't hurt as Musk seeks to resecure a $56B compensation package.

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Quick Tips

U.S. News

  • An Arizona rancher accused of fatally shooting an unarmed migrant near the U.S.-Mexico border will not face a retrial. George Alan Kelly pleaded not guilty before a mistrial was declared last week (More)

  • State health care plans must cover gender-affirming surgeries. A federal appeals court ruled against North Carolina and West Virginia's denial of some medical services through government insurance for transgender people (More)

  • Columbia University said it would begin suspending students after they defied a deadline to end their pro-Palestinian campus encampment. The NYPD said it had not been called to break up the camp as demonstrations continued nationwide (More)

World News

  • Secretary of State Antony Blinken urged Hamas to accept an "extraordinarily generous" truce offer from Israel. There is renewed optimism a Gaza ceasefire deal can be reached (More)

  • Pedro Sanchez will remain Spain's Prime Minister. He publicly considered resignation after his wife became the subject of a corruption probe; Sanchez said the investigation is politically motivated (More

  • Thirty politicians have been assassinated in Mexico this year. There have been almost 200 attacks on candidates as the June 2 election approaches; Claudia Sheinbaum is expected to win the presidential race (More)

Campaign News

  • Florida Rep. Matt Gaetz has accused his Republican primary opponent of being a "puppet" running on behalf of former Speaker of the House Kevin McCarthy. The candidate, Aaron Dimmock, is a former naval aviator; Gaetz led the charge to oust McCarthy last year (More)

  • Morehouse College stood by its decision to invite President Biden to deliver its commencement address next month. There has been faculty and student backlash due to Biden's support of Israel's war against Hamas (More)

  • Florida Gov. Ron DeSantis will campaign and fundraise for former President Trump. DeSantos reportedly met with Trump at Mar-a-Lago; the men became bitter rivals during the GOP primary (More)

Business & Markets

  • Major indexes closed higher yesterday. All eyes will be on this week's Federal Reserve meeting amid stubborn inflation (Dow +0.38%, Nasdaq +0.35%, S&P 500 +0.32%).

  • The FCC fined major wireless carriers a combined $200M for illegally sharing access to customer location data. T-Mobile received an $80M fine; AT&T, Sprint and Verizon were also fined (More)

  • Paramount Global CEO Bob Bakish stepped down and will be replaced by a team of three executives. The exit comes amid merger negotiations with Skydance Media and mixed Q1 results (More)

Entertainment & Sports

  • The Premier League plans to explore a spending cap on player wages and agent and transfer fees. The proposal could significantly impact the competitive balance of English soccer if instituted (More)

  • Taylor Swift holds the top-14 positions in this week's Billboard Hot 100, a new recordThe Tortured Poets Department is her 14th No. 1 album, tying Jay-Z for the most-ever among soloists and only trailing The Beatles all-time (More)

  • Recently retired Philadelphia Eagles star Jason Kelce has a new job. The future Pro Football Hall of Famer will join ESPN's Monday Night Countdown studio show (More)

Quick Hitters

  • History Lesson: The nation's most ambitious current railway project is underway on the West Coast. But trains are also responsible for building the East Coast's cultural and economic might.

  • Survey Says: A large majority of Americans think a free press is instrumental to society's well-being. Over 90% think press freedom is important, according to Pew Research Council, and nearly 75% think it is extremely important.

  • New Idea: Imagine if the stock market never closed? A startup backed by a professional sports owner is trying to gain SEC approval to operate an around-the-clock exchange that could dramatically change Wall Street.

  • Go Deep: Ukraine's territory has become inundated with land mines as the Russian invasion drags into its third year. Artificial intelligence and drones are the key to clearing the hazards.

  • Travel Tip: Air travel is extremely safe. But is there a specific seat on a plane that is the safest? Yes and no.

  • OPTIMIZE ME: Researchers “found convincing evidence that higher intake of ultra-processed foods was associated with 50% increased risk of cardiovascular disease-related death, a 48% to 53% higher risk of anxiety and common mental disorders, and a 12% greater risk of type 2 diabetes”

Want more health and wellness news? Subscribe to our brand new newsletter, Optimize Me, and start living a healthier life through diet, exercise, sleep, and mindfulness:

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Disney has released the first trailer for Mufasa: The Lion King, a prequel to the 2019 photorealistic animated remake of The Lion King.

Looking Ahead …

TikTok's Chinese parent company has made it clear it will challenge the new federal law forcing it to sell the social media app or have it shut down. And ByteDance likely has a strong case, according to legal experts.

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