Supreme Court Keeps Trump on Ballots, Super Tuesday Arrives, and More Baggage Fees
RJ Hamster
TUESDAY, MARCH 5, 2024
Good Morning! On this date in 1770, British troops in Boston responded to harassment by opening fire on a crowd. Thirteen men were charged with murder, but they were successfully defended in court by future President John Adams. (Read more about the Boston Massacre)
Super Tuesday has arrived. Here’s a list of the states with open polls today, along with a breakdown of today’s notable races. Don’t forget to vote!
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Our sponsor today is LMNT, a tasty electrolyte drink mix that replaces vital electrolytes without the sugar and dodgy ingredients.
Supreme Court Rules 9-0 For Trump
The U.S. Supreme Court struck down a Colorado Supreme Court decision Monday and unanimously ruled that the state couldn’t remove Former President Trump from its 2024 primary ballot.
The Colorado court cited a Civil War clause in the 14th Amendment, meant to prevent Confederates from serving in government, as legal justification for Trump’s removal and was followed by other states looking to stall Trump’s candidacy.
The Supreme Court ruled that Congress, not individual states, has the authority to enforce the 14th Amendment.
House Democrat Jamie Raskin (D-MD) expressed disappointmentin the Supreme Court and announced he was working on legislation to correct the decision. “I’m working on it — today,”Raskin said.
Super Tuesday Preview
Today is Super Tuesday, the single most important voting day during the primary campaign season.
Republican presidential candidates Former President Trump and Nikki Haley are contending for 865 delegates, and President Biden can pick up 1,420 delegates.
Current delegate counts have Trump with a commanding lead of 247 to Haley’s 43. A candidate must collect 1,215 delegates to secure the GOP presidential nomination.
President Trump is perceived by many as the GOP presumptive nominee, but still needs an additional 971 delegates. The earliest he can achieve that number is March 12.
Bitcoin Nears All-Time High
Bitcoin rallied to a two-year high yesterday, $68,580, nearly reaching its record high of $68,990.
The cryptocurrency has increased its market value by 50% since the start of the year, with an unusually high surge in the last few weeks.
In January, the SEC approved Bitcoin exchange-traded funds, and over $7 billion has flowed into the asset since, fueling its rally. Some analysts believe that Bitcoin’s run is also a response to the Fed temporarily removing the threat of interest rate hikes.
Many analysts expect Bitcoin to exceed $80,000 soon, although some aren’t happy about its recent performance—like noted critic Jim Cramer. (Video)
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➤ More than 60% of adult AP poll respondents said they doubted President Biden’s mental capabilities and lacked confidence in his ability to serve the people effectively. (See Video)
➤ Attorney General Merrick Garland vowed to fight “discriminatory, burdensome, and unnecessary” voter ID laws during an appearance with Vice President Kamala Harris in Selma, Alabama on Sunday. (More)
➤Jack Teixeira, a Massachusetts Air National Guardsman, agreed to plead guilty Monday to six counts of willful retention and transmission of national defense information. As part of the agreement, Teixeira will spend 16 years in prison. (More)
➤ Allen Weisselberg, the former CFO of President Donald Trump’s company, pleaded guilty in a Manhattan court Monday to charges of lying under oath. He will spend five months in jail for perjury. (More)
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➤ An emotional Jason Kelce announced his retirement from the NFL Monday after 13 seasons with the Philadelphia Eagles. He’s a former six-time first-team All-Pro and Super Bowl champion. (See Video)
➤ The Denver Broncos have informed quarterback Russell Wilson he will be released next week. Wilson is owed $85 million in guaranteed salary over the next two seasons. (More)
➤ The Pennzoil 400 didn’t make it 50 laps before Chris Buescher, in the #17, lost a wheel, and Daytona 500 winner William Byron ran into a trash bag, lodging a beer can in his air filter. (See Video)
➤ Louisiana ended the University of Oklahoma softball team’s 71-game win streak, an NCAA record, with a stunning 9-7 victory on Sunday. It was OU’s first loss since the 2021 season. (More)
Market Report 03/04/2024
▼
NASDAQ
Natl. Assoc. of Securities Dealers Automated Quotations
16,207.51
-0.41%
▼
SPX
S&P 500
5,130.95
-0.12%
▼
DJI
Dow Jones Industrial Average
38,989.83
-0.25%
▲
BTC
Bitcoin
$68,580.31
+6.95%
▲
MSTR
MicroStrategy Incorporated
$1,334.01
+23.59%
➤ MicroStrategy shares shot up 24% as the price of Bitcoin price surged yesterday. CEO Michael Saylor has added 193,000 Bitcoin to the company’s balance sheet—now worth over $11 billion. (More)
➤ JetBlue Airways and Spirit Airlines ended their attempted merger after regulatory hurdles and an antitrust lawsuit proved to be too difficult to overcome. (More)
➤ Three passengers have filed a $1 billion lawsuit against Boeing and Alaska Airlines in response to a door panel malfunction on a January 5th flight. They claim it was “preventable.” (More)
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➤ For the first time, scientists observed a lone killer whale attacking and eating a great white shark’s liver. It was all over in two minutes. (See Video)
➤New frescoes discovered during an excavation of a 2,000 year-old mansion in Pompeii depict the Greek myth of Phrixus and his sister Helle escaping with the Golden Fleece. (See Photo)
➤NASA translated data collected by space telescopes into a “range of tones.” The process is called sonification and gives celestial objects their own unique sound. (See and Hear Video)
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➤ JetBlue, American Airlines, and United are increasing their checked bag fees by $5 to offset rising operational costs. Experts expect more fees to come. (More)
➤ Thrillest published a list of beautiful locations “hidden in plain sight” around the world. The Waitomo Glowworm Caves in New Zealand, Iguazu Falls in Argentina, and the Sea of Stars in the Maldives are all featured. (Photos)
➤ Greece, Florida, and Hawaii are all heavily featured in Florida Panhandle’s list of the world’s top clearwater beaches. (See List)
➤ Residents of Truckee, California, near Lake Tahoe, broke out their snowplows, shovels, and skis as a weekend blizzard produced 10 feet of snow. (See Photos)
➤ An Oklahoma school district is under investigation for a fundraiser that involved students licking peanut butter off the toes of “student volunteers.” (See Video)
➤ Scientists say they’ve found the world’s oldest wild platypus in a creek in Melbourne, Australia. The platypus is 24 years old, according to a tag from a previous capture. (See Video)
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