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The Skinny: Wednesday, March 4th, 2015

The Skinny: Wednesday, March 4th, 2015

Hump day as we inch closer to spring. We’ve got serious drama in DC, a key ruling in Ferguson, the Boston marathon bombing trial kicking off and more.

We’re gettin’ Skinny. Here we go.

 

Netanyahu Speech

Yesterday, Israeli Prime Minister addressed members of Congress in the House Chamber. He gave a passionate speech ripping the White House’s negotiation plans with Iran amid dozens of standing ovations. The act of giving the speech was controversial, as the White House and several Democratic members of Congress chose not to attend.

Shortly afterward, Obama gave an 11-minute response from the White House, saying he did not see the speech but he read a transcript. He ripped the Prime Minister, saying he offered nothing new.

Nancy Pelosi was also upset. She was visibly shaken during the speech, turning to look at her colleagues on several occasions. Afterwards, she said Netanyahu’s rhetoric nearly brought her to tears.

Ferguson

The Justice Department conducted a civil rights investigation into the Ferguson Police Department and found a “pattern and practice” of racial discrimination. They found racially charged emails (black jokes) and uncovered that, from 2012 to 2014, 85% of people subject to vehicle stops by Ferguson police were black, 90% of those who received citations were black, and 93% of people arrested were black; just 67% of Ferguson’s population is black.

Boston Marathon Bombing Trial

Opening statements begin today for the Boston marathon bombing trial of Dzhokar Tsarnaev. Three people died and over 260 people were maimed or injured after Tsarnaev and his brother detonated two bombs near the marathon finish line in April 2013.

“Maternity Tourism”

Agents have raided over 30 “maternity hotels” in Southern California. These “hotels” are where foreign women give birth for the sole reason of having a U.S. citizen child. Most Chinese women, they pay anywhere from $15,000 to $50,000 for lodging, transportation and food.

Missing Plane

Still missing.

CNN

Economy

Dow: 18,203, -85 (-0.47%)  S&P 500: 2,108, -10 (-0.45%)

Kate Spade stock fell 2% despite reporting higher than expected earnings; this is because the company lowered its 2015 sales projections.

Best Buy saw a massive 77% surge in 4th quarter profits to $519 million. Subsequently, the electronics retail giant is buying back $1 billion of its own stock.

Unfortunately, the brutally cold and snowy winter crushed car sales in the U.S. Just 1.2 million new cars were driven off lots last month, leaving just a 5.3% rise in total vehicle sales, down from the 7.1% expected. Ford sales slipped 2% as a result and General Motors rose just 4%.

Today we’ve got the ADP employment report for February.

Market Snacks

Sports

NFL – Rex Ryan made headlines yesterday as the Bills traded for LeSean McCoy; the Eagles in return got linebacker Kiko Alonso.

College Hoops – Kentucky rallied from 9 down last night to reach 30-0 on the season. They have just one regular season tilt remaining before the SEC playoffs begin.

NBA – The Denver Nuggets fired head coach Brian Shaw yesterday; this came just a week after Nuggets players broke huddle with a “1..2..3.. Six Weeks!” chant, presumably referring to just six weeks left in the season.

LeBron passed Ray Allen for 21st all-time in NBA scoring last night. At just 30-years-old, he’s on a good pace.

Golf – The boys are at Trump Doral for the WGC Cadillac Championship this weekend. Patrick Reed won here last year, famously claiming afterward that he was a top-5 player in the world.

Hockey – The World Cup of Hockey will return in 2016. The tournament, which used to be a massive event through the 90s, has been shelved for the last few decades. Yesterday, ESPN secured exclusive U.S. media rights for the tournament, which will be help September 17 – October 1st 2016 in Toronto.

ESPN

Entertainment

Judge Judy signed a new contract. That’s nice. You know what else is nice? She makes a reported $47 million a year for her show, which rocks a solid 10.3 million viewers a day; that’s about a billion times higher than any other daytime TV show.

Trending

Screen Shot 2015-03-04 at 10.18.18 AM

Facebook

Super Important Fact

Just 1 in 20 Cubans have access to the internet.

Guardian


A hump day skinn-ay. Love it. Go forth and be knowledge. And have yourself a day.

Gif; Cover Photo

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