Extra, Extra
Cat Nip: “Cat bonds investors are gambling on nature. If a disaster they’ve bet on occurs, their money is used to settle insurance claims. If it doesn’t, they get handsome returns. For decades, the instruments were a last resort reserved for super-rare events, such as a cataclysmic storm on the scale of Hurricane Katrina. But multibillion-dollar calamities have become alarmingly frequent on a warmer planet.” Bloomberg (Gift Article): How a Physics Whiz Made a Fortune Betting on Nature’s Catastrophes.
+ Quash Blossom: “Fulton County Superior Court Judge Scott McAfee quashed six counts in the indictment, including three against Trump, the presumptive 2024 Republican presidential nominee. But the judge left in place other counts — including 10 facing Trump — and said prosecutors could seek a new indictment to try to reinstate the ones he dismissed.” Judge dismisses some charges against Trump in the Georgia 2020 election interference case.
+ Hammer and Sickening: “A long-time ally of the late Russian opposition leader Alexei Navalny has been attacked outside his home in Lithuania. Leonid Volkov said his arm was broken and his leg hit 15 times with a hammer.” (Another Putin attack on a person in a NATO country. Criminals don’t stop. They need to be stopped.)
+ Error-O-Plane: “You’d think Boeing’s already miserable 2024 couldn’t get any worse. But on Monday, a 787 Dreamliner plunged suddenly mid-flight, injuring dozens of passengers, after a pilot said he temporarily lost control of the aircraft.” CNN: Boeing is in big trouble.
+ Ex Show: Don Lemon says Elon Musk canceled his X show, hours after interview taped for debut episode. Do a deal (and an interview) with the devil and you get burned..
+ America’s Achilles Heel: Aaron Rodgers eyed as running mate for Robert F. Kennedy Jr. (Anyone who thought American politics couldn’t get any worse has never seen the Jets play.)