Thursday, October 31st, 2019
Inquiry Vote, World Series Champions & Happy Halloween
All the news you need in less than 10 min:
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All the news stories mentioned in today's episode are listed with links below, so you can spend as much -- or as little -- time as you want perusing the latest happenings...
Impeachment Inquiry Vote & More:
The House is set to hold its first formal vote on the impeachment inquiry today. The goal of the vote is to set out newly-proposed rules and procedures for this investigation. The resolution is expected to pass, even if all Republicans in the House oppose it. Stay tuned. Also of note: investigators will hear testimony from Tim Morrison, the top Russia and Europe advisor on the National Security Council. Now, reports say Morrison is resigning from his job. Looking ahead: House Democrats want to interview President Trump's former national security adviser John Bolton next week, but it's unclear if he'll show.
Impeachment Inquiry Vote: NYT, ABC News
Morrison Testimony: NPR
John Bolton to Testify?: The Hill, NYT
California Fires Near Landmark:
A huge wildfire in Southern California came dangerously close to the Ronald Reagan Presidential Library and Museum. The brush fire burned about a hundred yards away. Mandatory evacuations were ordered throughout the area after the fire burned several neighborhoods in Simi Valley (north of Los Angeles). Meanwhile, firefighters in Northern California are making progress on the massive Kincade Fire, and electricity has been shut off for more than 1 million people in the state to prevent power lines from sparking more wildfires.
Read more: Weather Channel , ABC News, NYT, LA Times
Another Rate Cut:
The Federal Reserve is cutting interest rates for the third time since July. Rates are dropping a quarter of a percentage point in the hopes of giving the economy another boost.
Read more: NPR, CNBC, CBS News, The Hill
Twitter Bans Political Ads:
Twitter is banning all political ads. The company says paying for ads forces targeted messages on people and may contain unchecked misleading or false information. Some politicians support the move, but President Trump's 2020 campaign manager argued it’s an attempt to silence conservatives. The decision is basically the opposite of Facebook's policy on political ads. Twitter is expected to release more details soon and will stop accepting political ads on November 22nd.
Read more: Bloomberg, CNN, NBC News
World Series Winner:
The Washington Nationals are World Series champions! The team defeated the Houston Astros in Game 7 last night. It’s their first World Series title in franchise history.
Read more: CBS Sports, The Washington Post
Fiat Chrysler and French automaker PSA Peugeot are expected to announce a deal to merge. Fiat Chrysler was working on a deal with Renault, but it fell through. Now, this merger could help Peugeot re-enter the U.S. market and give Chrysler the resources and technology to potentially make electric and hybrid vehicles.
Read more: USA Today, CNBC, WSJ
Spotify is working on an age-appropriate app called Spotify Kids. It will give parents more control over what their kids listen to. Spotify Kids will only be available for users with a $15 monthly Premium Family subscription. The feature is being tested in Ireland but is expected to roll out to more places.
Read more: TechCrunch, TechRadar, CNET
HBO Max is coming in May of 2020. The new streaming service will cost $15 per month and will offer 10,000 hours of programing, including HBO shows and movies and other exclusive content, like Friends, The Big Bang Theory and South Park. HBO Max will also have podcasts on its mobile app.
Read more: Vox, CNET, The Verge
Time for pumpkin carving, costumes and candy: today is Halloween! According to the National Retail Federation, more than 160 million Americans will buy $2.6 billion worth of candy for this year’s holiday. However, data shows Americans spend even more money on Easter candy than for Halloween.
Read more: Business Insider, CNN, History