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Today’s Sponsor: Fundrise
Today’s Selected Eight:
Story Number 1
WEWORK CO-FOUNDER ADAM NEUMANN ABANDONS PLAN TO BUY BACK COMPANY
Adam Neumann, the co-founder and former CEO of WeWork, has abandoned his attempt to buy back the company. Neumann described an alternative bankruptcy plan that excluded him as “unrealistic and unlikely to succeed.” This new deal, which has been proposed, involves $450 million in equity funding and includes strategies to help WeWork recover from its financial troubles.
Story Number 2
OHIO LAWMAKERS HOLDING SPECIAL SESSION TO ENSURE PRESIDENT BIDEN IS ON 2024 BALLOT
Ohio lawmakers are convening a special session at the request of Republican Governor Mike DeWine to ensure President Joe Biden appears on the state’s fall ballot. This rare session aims to pass legislation that addresses legal issues potentially preventing Biden’s name from being listed. The urgency is driven by a looming deadline and ongoing negotiations between Republican and Democratic leaders to resolve the ballot access issue.
Story Number 3
WALMART, TARGET, AMAZON, ALDI CUT PRICES
Walmart, Target, Amazon, and Aldi are reducing prices on various products, a move that’s largely positive news for consumers. Amazon Fresh announced it will cut prices on 4,000 grocery items by up to 30%, covering products like meat, seafood, frozen foods, dairy, snacks, and beverages . These price cuts aim to make essentials more affordable amid rising living costs, providing relief to shoppers facing inflationary pressures.
Story Number 4
US PIER CONSTRUCTED OFF GAZA HAS BROKEN APART
A U.S. pier built for aid deliveries to Gaza has been damaged by rough seas and storms, causing it to break apart. This has temporarily halted the unloading of aid trucks by Army watercraft. Army engineers are working to repair the pier, with hopes of it becoming operational again soon. The disruption has stranded U.S. soldiers on beached boats, compounding the challenges of delivering aid to the region.
Story Number 5
T-MOBILE TO ACQUIRE U.S. CELLULAR IN $4 BILLION DEAL
T-Mobile has announced a $4.4 billion deal to acquire UScellular’s wireless operations and a significant portion of its spectrum assets. This acquisition includes about 30% of UScellular’s spectrum across various markets. The transaction is aimed at enhancing T-Mobile’s network capacity and coverage, further solidifying its position in the competitive wireless market. The deal involves both cash and assumed debt, and is expected to strengthen T-Mobile’s service offerings.
Story Number 6
POPE FRANCIS ALLEGEDLY USED DEROGATORY TERM FOR GAY PEOPLE
Pope Francis is reported to have used a derogatory term for gay people during a meeting with bishops. The meeting was focused on discussing whether gay men should be allowed to become priests. This incident has sparked controversy and debate within the Catholic community and beyond, highlighting ongoing tensions and differing views on LGBTQ+ issues within the Church.
Story Number 7
UK’S SUNAK PROMISES MANDATORY NATIONAL SERVICE FOR 18-YEAR-OLDS IF ELECTED
UK Prime Minister Rishi Sunak has announced plans to reintroduce mandatory national service for 18-year-olds. The proposal aims to address issues created by previous government policies. Critics, including the Labour Party, have labeled the initiative as “desperate and unfunded,” accusing Sunak of using it to fix problems his government contributed to. The policy has faced backlash from ex-military officials who called it “bonkers” and criticized it as impractical. This move appears to be part of an effort to win back voters drifting towards Reform UK ahead of the next election.
Story Number 8
81-YEAR-OLD MAN DUBBED ‘SERIAL SLINGSHOT SHOOTER,’ IS ARRESTED IN CALIFORNIA
An 81-year-old man from Azusa, California, identified as Prince King, has been arrested for terrorizing his neighborhood with a slingshot for nearly a decade. Dubbed the “serial slingshot shooter” by police, King allegedly victimized dozens of his neighbors over the years. He used the slingshot to cause fear and damage in the community, leading to his recent apprehension by law enforcement.
WATCH TODAY’S VIDEO HERE:
ONE DAY OLDER ON MAY 29:
Anthony Geary (77)
LaToya Jackson (68)
Lisa Whelchel (61)
WHAT HAPPENED TODAY:
1856: During a speech in Bloomington, Illinois, Abraham Lincoln said, “You can fool some of the people all of the time, and all of the people some of the time, but you can’t fool all of the people all of the time.”
1886: Chemist John Pemberton placed his first advertisement for Coca-Cola. The ad appeared in the Atlanta Journal.
1912: The Ladies Home Journal fired 15 women employees for doing the “Turkey Trot” during their lunch hour.
WORD OF THE DAY: effervescence [ ĕf′ər-vĕs′əns ]
the bubbling of a solution due to the escape of gas
DAILY AFFIRMATION: I Celebrate My Individuality.
Enhanced Self-Awareness and Acceptance: Celebrating your individuality leads to increased self-awareness and acceptance, acknowledging and appreciating your unique qualities and strengths. This self-recognition is crucial for personal growth and self-esteem.
PLUS, TODAY WE CELEBRATE: Put a Pillow In Your Fridge Day
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