🗞️Rocket Launch Canceled And Buying Greenland

January 13, 2025

January 13th, 2025

Good Evening 🇺🇸,

What happened today,

Bezos' Blue Origin stands down on debut launch of New Glenn rocket

Jeff Bezos' Blue Origin called off the inaugural launch of its key New Glenn rocket following last-minute issues on the vehicle.

www.cnbc.com/amp/2025/01/13/bezos-blue-origin-stands-down-on-debut-launch-of-new-glenn-rocket.html

  • Blue Origin, Jeff Bezos’s space technology/ exploration company, called off the launch of its massive New Glenn rocket today due to technical issues

  • Republicans in the House of Representatives have introduced a bill that would allow Trump to enter negotiations with Denmark to buy Greenland

  • The Senate confirmation hearings for Trump’s cabinet selections will begin Tuesday at 9am EST

  • Congressman, Buddy Carter (R-GA), has introduced a bill called the Fair Tax Act to establish a national consumption tax, abolish the IRS, and repeal the income, payroll, estate, and gift taxes

  • The wildfires continue to rage across California, at the time of writing this 24 people have died, more than 12,000 structures have been destroyed, and evacuation orders are in effect for 92,000 residents

  • A new WEF report showed 41% of companies intend to downsize their workforce as AI automates certain tasks, however the same report showed that AI could create 170 million new jobs globally while eliminating 92 million positions, resulting in a net increase of 78 million jobs by 2030

  • Starbucks is reversing a policy that allowed people to hang out or use the bathroom without buying anything, you now need to be a customer and make a purchase to use the facilities

  • DOW up .86%/ S&P up .16%

  • A Gaza hostage and ceasefire deal is believed to be close between Israel and Hamas as negotiations have made significant progress, the deal would see Hamas release more than 30 hostages

  • A Tsunami advisory was put in place after a 6.9 magnitude earthquake hit southwest Japan

  • Ukrainian President Zelenskyy has offered to send 150 firefighters to help California put out the devastating wildfires

Plus: A look at new business applications by state

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Have a great night!

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