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Canadian citizen arrested after trying to sneak into US on stolen fishing boat
TOGETHER WITHGood morning. For the first time in several years, no part of this newsletter was written in New York City. Be on the lookout for more laid-back vibez.
MARKETS
NASDAQ9,340.22+ 0.17%S&P2,991.77+ 1.23%DJIA24,995.11+ 2.17%GOLD1,704.00- 1.82%10-YR0.710%+ 5.00 bpsOIL34.32+ 3.22%*As of market close- Markets: NY Gov. Andrew Cuomo rang the bell to mark the reopening of the NYSE, and then the party started for real. The S&P at one point crested 3,000 and the Dow briefly traded above 25,000 as investors celebrated the pace of reopening.
- Housing: New home sales actually gained 0.6% in April, a big surprise considering...well, you know.
SpaceXIf you've been wondering what the opposite of quarantine looks like, tune into SpaceX’s livestream at 4:30pm ET today. Astronauts Robert Behnken and Douglas Hurley will be lifting off from Cape Canaveral to a place far, far away on SpaceX’s Crew Dragon spacecraft.This launch will make big H History. It’s...- The first crewed flight from U.S. soil into orbit since 2011
- The first time a private company will send astronauts into orbit
- The Crew Dragon’s final test before getting the all-clear to run crewed NASA operations
The itinerary: Within ~12 minutes of takeoff the Crew Dragon will be cruising in orbit. From there, it’ll journey 19 hours to the International Space Station, where Hurley and Behnken will share some interesting Earth stories with their new roomies, NASA’s Chris Cassidy and Russia’s Anatoly Ivanishin and Ivan Vagner.NASA hasn’t set an end date for the mission, but when the Crew Dragon does return, it’ll splash down off Florida’s coast and a SpaceX vessel will retrieve it.Years in the making
Since 2011, NASA’s been paying about $80 million/head to send astronauts into space on Russian rockets. In 2014, it started shopping for a cheaper date and handed SpaceX and Boeing $3.1 billion and $4.8 billion, respectively, to build those capabilities back home.- SpaceX had a few problems on the way, but it’s faring better than Boeing. After a 2019 test flight failed, NASA found dozens of issues in Boeing’s preparedness and is deciding whether to proceed with another test.
Rewind some more: This public-private partnership goes back to the Obama administration, which retooled NASA’s goals for space exploration and embraced commercial launch capabilities.- NASA had always used commercial contractors to build rockets, but its engineers led design and build.
- Now, NASA’s handed most of that off to private companies, which also get to keep their spacecraft.
Zoom out: With growing competition for space dominance from China and Russia and a new military branch, the Space Force, public investment in the U.S. space industry is expected to increase.SPACE
Move Over Skywalker
SpaceXCurious about what it takes to pilot a NASA x SpaceX mission? Check out these resumes.Bob Behnken, joint operations commander
The St. Ann, MO, native has a degree in physics and mechanical engineering from Washington University, a master’s and Ph.D. from Caltech, and started his high-flying career as a flight test engineer in the Air Force.Behnken will handle the Crew Dragon’s rendezvous, docking, and undocking with the ISS and lead camp activities while aboard.Doug Hurley, spacecraft commander
The Apalachin, NY, native has a B.S. in civil engineering from Tulane, attended naval test pilot school in Maryland, and served as a Marine fighter pilot. Hurley will oversee the launch, landing, and recovery.Fun fact: Both men were selected as astronauts in 2000 and have two spaceflights apiece under their belt. They’re long-time friends.Double fun fact: Hurley and Behnken are married to veteran astronauts Karen Nyberg and Megan McArthur, respectively. The four met as part of the NASA astronaut class of 2000. No pressure on their kids...Follow their mission at @AstroBehnken and @Astro_Doug.SOCIAL MEDIA
When Trump Tweets, Dorsey Sweats
Long walk, saltwater, the president of the United States, former congressman, baseless murder claims. Just another day in the life of Twitter CEO Jack Dorsey.Yesterday, tech journalist Kara Swisher revealed a letter to Dorsey written by Timothy Klausutis. His request? Please take down President Trump’s tweets about my wife’s death.The backstory: Trump re-upped his false claim that former congressman and current TV host Joe Scarborough was involved in the 2001 death of Klausutis’s wife, Lori, who was then one of Scarborough’s aides. Trump had made the claim in 2017, then began tweeting about it again last week and yesterday morning.- “These conspiracy theorists, including most recently the President of the United States, continue to spread their bile and misinformation on your platform disparaging the memory of my wife and our marriage,” Klausutis wrote.
Bottom line: Twitter gave a non-answer answer to Klausutis’s request, saying it'll have improved misinformation policies in place "shortly." But, for the first time ever, Twitter did flag two of Trump's other recent tweets about mail-in voting. It said they contain "potentially misleading information."SPONSORED BY QUICK BASE
Get the Low-Down on Low-Code
Word on the street is that there is some kind of coding-kid shortage. But get this—you don’t actually need to write code to create software. With Quick Base, you can build custom applications quickly and easily with drag-and-drop functionality.So it’s a toy for non-developers? Think again. The world's most innovative companies use Quick Base to turn ideas into collaborative solutions. Why? Legacy coding systems are outdated and out-of-the-box software doesn’t fit unique processes. That’s why Quick Base created the #1 low-code platform for safe, secure, sustainable application development.And we aren’t just jockey copywriters sipping the low-code Kool-Aid. Benefits include:- 3–4x faster development
- Less manual work, more automation
- Continuous improvement with easy, real-time changes
Help your business move faster, teams be more efficient, and make IT happy. Build apps to beat the competition with a 30 day free trial.MEDIA
It's Not HBO
Francis ScialabbaIt’s HBO Max, and the new streaming service officially launches in the U.S. today.The pitch: Take a shot of Sheldon and chase with Tony Soprano. At $14.99/month, it’s not cheap, but it has a cavernous content library drawing from 1) cable networks including TNT, TBS, and Cartoon Network 2) HBO (duh) and 3) Warner Bros.’s film and TV archive.The drawbacks: A party with Sheldon and Tony would be...weird. By mixing HBO’s prestige content with laugh track sitcoms, parent WarnerMedia and grandparent AT&T are trying to make Max “all things to all people,” commented Rosenblatt Securities Senior Analyst Bernie McTernan. NYU Stern Prof. Scott Galloway used stronger language.- And...HBO Max’s 10,000-hour arsenal is actually smaller than most of its rivals’.
Bottom line: The stakes are Battle at Hardhome-high. Ever since AT&T acquired Time Warner in 2018, it has poured all of its eggs in the HBO Max basket, and it will keep pouring...about $4 billion over the next three years.FOOD
Apeel Keeps Things Fresh
Almost two years ago, Morning Brew profiled a food waste startup called Apeel Sciences and asked readers whether you’d invest.The answer is...yes, yes you should have. First of all, it has the word “sciences” in its name—no brainer. Second, the company has just joined the ranks of the unicorns, raising $250 million at a valuation of more than $1 billion.Here’s some background:- Apeel has created a natural coating that extends fruit and veggie freshness, sometimes boosting shelf life up to 3x.
- It’s currently keeping avocados as hard as concrete at large supermarket chains (like Kroger) in the U.S. and Europe. Asparagus and cucumbers are on tap.
Bottom line: Apeel claims it’s on course to save 20 million pieces of fruit from going bad at homes and retailers.Now how about a demonstration?ApeelWHAT ELSE IS BREWING
- Warner Music Group, home base for Lizzo, Ed Sheeran, and lots of other folks who can carry a tune, said it’s full-steam ahead with its IPO plans.
- Fitness clubs lost out on $10 billion in revenue due to COVID-19, per the investment bank Harrison Co.
- Apple will open about 100 more stores in the U.S. this week—most will only offer curbside service.
- Latam Airlines, Latin America’s largest air carrier, filed for bankruptcy.
- Merck became the latest Big Pharma company to join the race for a coronavirus vaccine.
BREW'S BETS
We poured over all the ways we could get the best cold brew. The consensus? Trade. They deliver coffee from the best local roasters so we can brew our own cold brew for less than $1.50 per batch. Get 30% off your first bag when you subscribe today.*Cattle that lived the good life tastes even better. Market House ships USDA 100% grass-fed beef directly to your door. Their cattle are free-range and never given antibiotics or hormones. Order today for $20 off with code BREWCREW.*Make the most of your nights in: Get recs on how to unwind, take care, and make meaningful connections with the Girls' Night In newsletter every Friday morning. Check it out here.We haven't seen anything like this before: a web-based interactive illustration. It's a feast for the eyes. (And thanks to reader Katie J. for the tip.)*This is sponsored advertising contentFROM THE CREW
Wanted: Career Advice
It's definitely a weird/tough time to be looking for a job, but...that's the reality many of our readers are facing right now. Let's put this audience of 2.2 million-strong to good use:What’s the best piece of career advice you’ve ever received?You can write your answer here, and we’ll share the best responses (aka the most actionable/insightful ones) with the entire Brew community.SPACE TRIVIA
How many humans have ever gone to space? Give yourself...- 10 points for guessing within 20 humans
- 5 points for guessing within 50
- 1 point for guessing within 100
- A car if you get it exactly right
SHARE THE BREW
When you share the Brew with your network, you earn free swag like our classic Morning Brew t-shirt.Whether you’re rocking it as a weekday undershirt, a weekend statement piece, or you’re just looking to cause a stir at Aunt Margaret’s black tie wedding, our comfy tees will get the job done.Hit the button below to learn more and access your rewards hub.Click to ShareOr copy & paste your referral link to others:
morningbrew.com/daily/r/?kid=a17a7110 SPACE TRIVIA ANSWER
566 people, per the Fédération Aéronautique Internationale
Former Obama Economist: The 2020 Election Scenario That Keeps Democrats Up at Night China Trapped in Own Web of Wuhan Lies
Larry O'ConnorREAD MORE Ratcliffe Sworn In As Director of National Intelligence Reagan McCarthyREAD MORE ADVERTISEMENT ADVERTISEMENT Cartoon SEE MORE CARTOONS Obama Had Plans to Stop Flynn Katie Pavlich Gropey Joe Thinks He’s an Expert On What Minorities Should Think Kurt Schlichter CNN Was Used to Spread Lies And They're Just Fine with That Larry O'Connor “Let My People Go…” Derek Hunter ADVERTISEMENT Bearing Arms Anti-Gun Op-Ed Impressive In How Wrong It Is Tom Knighton
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FEATURED EVENT 1703 Founding of St. Petersburg FEATURED BIOGRAPHY Vincent Price READ MORE This message contains graphics. If you do not see the graphics, click here to view. May 27 SEE ALL BIOS ON THIS DAY
ALSO BORN ON THIS DAY 1922 Christopher Lee
English actor1923 Henry A. Kissinger
United States statesman1975 Jamie Oliver
British chef1794 Cornelius Vanderbilt
American industrialist and philanthropist [1794–1877]1912 Sam Snead
American golfer1911 Vincent Price
American actorMORE EVENTS ON THIS DAY 2000: Canadian ice hockey player Maurice (“Rocket”) Richard, who helped the Montreal Canadiens win eight Stanley Cups while becoming the first NHL player to score 500 goals, died at age 78. [ See where Maurice Richard ranks on our list of the 10 greatest hockey players of all time.] 1912: American short-story writer and novelist John Cheever, known as “the Chekhov of the suburbs,” was born. [Take our quiz about famous novels.] 1911: American politician Hubert Humphrey—who was the 38th U.S. vice president (1965–69), a presidential candidate (1968), and a liberal Senate leader (1949–65; 1971–78)—was born in Wallace, South Dakota. 1907: American biologist Rachel Carson, who was known for her writings on environmental pollution and the natural history of the sea, was born in Springdale, Pennsylvania. [ Test your knowledge of pollution.] 1819: American author and lecturer Julia Ward Howe, who was best known for Battle Hymn of the Republic, was born. 1994: Exiled from the Soviet Union since February 13, 1974, for writing The Gulag Archipelago, Aleksandr Solzhenitsyn, who won the 1970 Nobel Prize for Literature, returned to his Russian homeland. [Take our quiz about literary Nobelists.] SEE ALL EVENTS ON THIS DAY
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