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Pete Rose: 1941-2024

Pete Rose: 1941-2024

Your unbiased daily news brief

James Kratch
October 01, 2024

Good Tuesday morning and welcome to October. Today is Jimmy Carter's 100th birthday; he is the first former president to reach the milestone. Have a great day!

In Today’s Brief

Georgia: Chemical haze
Israel: Lebanon incursion
VP debate: Tonight in New York
S&P 500: Record close
Dikembe Mutombo: Dies at 58

... and more

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Top Tips

1) Charlie Hustle

Pete Rose, arguably the most controversial man in baseball history, has died. He was 83.

The news: Rose died in Las Vegas, where he resided. The Clark County medical examiner confirmed his death and said a cause was pending.
Playing career: Rose was a polarizing and relentless competitor, as evidence by his nickname above, and finished his career with 4,256 hits -- the most in Major League history. He was a 17-time All-Star, spending his career with the Cincinnati Reds, Philadelphia Phillies and Montreal Expos. He won three World Series titles, a World Series MVP award, a National League MVP and was also the NL Rookie of the Year.
Permanent ban: Rose was banished from baseball in 1989 following accusations he had bet on the sport -- the game's cardinal sin -- as a player and as Reds manager, including wagers against his team. He initially denied the charges, but later admitted to them. The ban kept him out of the Hall of Fame. MLB did grant him temporary furloughs to participate in events and ceremonies over the last 20 or so years.
After the ban: Rose served a short prison sentence for tax evasion shortly after his banishment. He made appearances with the then-WWF, now-WWE, made millions appearing at autograph and memorabilia shows and worked as a Fox Sports television analyst. But that ended when he was accused of having a sexual relationship with a teenager in the 1970s.

2) A good run

The United Kingdom took a major economic and environmental step yesterday.

The news: Great Britain's last coal-fired power plant has closed. The Ratcliffe-on-Soar station in central England ended its final shift at midnight, closing out 142 years of coal-generated electricity across the pond.
First up: The closure was hailed as a milestone for the UK's decade-old push to generate all energy from renewable sources by 2030. Britain is the first G7 nation to completely turn away from coal. Some European Union and NATO members have already made the transition.
Next steps: Most of the plant's 170 employees will now handle a two-year decommissioning process. Coal was responsible for about 80% of the UK's electricity in 1990, but it made up just 1% last year. Greenhouse gas emissions have more than halved in the same span. Other G7 countries, including the U.S., have pledged to phase out coal power but limited progress has occurred amid loose deadlines.

3) Clawing back

A federal judge gave a House Republican and some congressional alumni the green light to sue for back pay.

The news: Arkansas Rep. Rick Crawford and a group of former members of Congress are seeking to recoup cost-of-living adjustments from their time in office, arguing they were unconstitutionally withheld. The Department of Justice's effort to dismiss their lawsuit was rebuked, which means the case will proceed.
At issue: The plaintiffs allege Congress and the president have violated the 27th Amendment, which says lawmaker compensation cannot be varied between House elections. A 1989 law created a formula for annual cost-of-living adjustments to lawmaker salaries, but subsequent bills have kept salaries frozen since 2009 while civilian federal employees have received a dozen cost of living raises.
Big picture: While the plaintiffs were likely seeking millions in back wages, Judge Eric G. Bruggink said they cannot litigate claims prior to March 2018 while dismissing other claims, narrowing the scope. He also wrote that Congress itself is responsible for the issue, as it wrote laws that interfered with established legislation.

Quick Tips

U.S. News

Over 90K Georgia residents were told to shelter due to potentially dangerous air. A chemical plant fire broke out on Sunday east of Atlanta, causing a haze and strong smells; authorities detected chlorine closer to the fire and were testing for other hazardous compounds (More)
The Onondoga Nation has reclaimed 1K acres of ancestral land in New York state. The heavily forested area is a small part of the 2.5M acre territory the tribe said was unjustly seized in the 18th century; claims are still being pursued in the hope of forcing further negotiations (More)
East and Gulf Coast dockworkers went on strike early this morning. The International Longshoremen's Association's contract has expired, halting imports at several dozen ports; the work stoppage is expected to have immediate impacts on supply chains and the price of goods (More)

World News

Israel began a ground incursion in southern Lebanon as its the campaign against Hezbollah continues. The U.S. has sent several thousand more troops to the region, but it continues to push for a ceasefire (More | More)
South African police are still searching for the assailants in a pair of recent mass shootings with no known motive. Gunmen opened fire on a family gathering at two homes in a village, killing at least 18 people; the country has one of the world's highest homicide rates and has struggled with similar incidents in recent years (More)
Russia plans to dramatically increase its military spending next year as it aims to project power and operate a war economy. The Kremlin plans to allocate $145B to its defense, which will be a 23% YoY hike and represent over 6% of its GDP; military spending will be more than all social expenses combined (More)

Campaign News

CBS will host the vice presidential debate tonight in New York City. Ohio Sen. J.D. Vance and Minnesota Gov. Tim Walz will meet in a closed studio starting at 9 p.m. ET; Margaret Brennan and Norah O’Donnell will be the moderators (More)
Michigan Rep. Elissa Slotkin reportedly told Democratic donors that Vice President Kamala Harris has "underwater" poll numbers in the battleground state. Slotkin is in a competitive Senate race against former Republican Rep. Mike Rogers; most third-party polls have shown both Democrats with modest leads (More)
The New York Times endorsed Harris. The newspaper's editorial board said she is "the only patriotic choice for president" and blasted former President Donald Trump as unfit for office (More)

Business & Markets

Major indexes closed higher yesterday. The S&P 500 hit a new record close to end the month and quarter (Dow+0.04%, Nasdaq +0.38%, S&P 500 +0.42%).
Federal Reserve Chairman Jerome Powell indicated future interest rate cuts will not be as aggressive as last month's big hack. He said the central bank does not have a "preset course," but reinforced more cuts are likely (More)
A Department of Justice lawsuit against eBay was tossed. The online auction and resale platform was accused of violating the Clean Air Act and other environmental laws by allowing the sale of harmful products such as devices that negate automobile pollution controls (More)

Entertainment & Sports

Former NBA star Dikembe Mutombo died at 58 after a battle with brain cancer. The Hall of Fame center was known for wagging his finger after blocking shots; he became an ambassador for the league in Africa after his playing career ended (More)
Oasis' reunion tour is coming to North America. The British rock band announced plans for shows in the U.S., Canada and Mexico next summer in addition to its United Kingdom leg; Cage the Elephant will be the opening act (More)
A New Mexico judge upheld Rust armorer Hannah Gutierrez Reed's guilty verdict. He ruled the withheld evidence that short-circuited the case against actor Alec Baldwin would not have changed the outcome of Reed's trial (More)

Quick Hitters

Feel Good: A woman dropped $12K in cash while shopping at a grocery store in Massachusetts. A good samaritan found the envelope in the parking lot and turned it right in without hesitation.
Take Note: You need to do more than clean the surfaces in your bathroom. Here are eight items experts say you have to be mindful or (and replace regularly).
Go Deep: Diet-related diseases are the No. 1 cause of death in the U.S., but most doctors receive little to no nutritional training in medical school. Many are working to change that.
Big Reveal: Researchers at a German library stumbled upon an incredible surprise: A 12-minute, never-released composition by Wolfgang Amadeus Mozart. It was finally performed in public last week.
Life Hack: Getting "airplane ear" while flying can be painful and uncomfortable. These are the best and safest ways to find relief, according to an ear, nose and throat doctor.

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