Newsletter Jan 25, 2022

3 things you must know

Biden puts 8,500 troops on high alert in show of NATO unity
President Joe Biden declared "total" unity among Western powers Monday after crisis talks with European leaders on deterring Russia from an attack against Ukraine, putting 8,500 US troops on standby for possible deployment to boost NATO forces. Biden reaffirmed his "total unanimity with all the European leaders" but opted only to put U.S. troops on high alert rather than immediately deploying them.
FIND OUT HOW THE US AND NATO PLAN TO DETER RUSSIA

Omicron has restaurant industry once again feeling the pinch
The restaurant industry is calling on Congress for help again, sounding the alarm that the Omicron variant is threatening jobs in this sector. The National Restaurant Association is warning that restaurants are approaching a breaking point as the virus scares away patrons, drives down revenue, and puts 1.6 million jobs at risk.
FIND OUT WHAT THE RESTAURANT INDUSTRY IS ASKING FOR

News of potential Kohl's takeover sends stock price soaring
There was at least one exception to Monday's early stock-market plunge. While most stocks were taking hits, Kohl's went the opposite direction due to speculation of a pending sell-off. Reports say two groups are bidding for the retailer, sending the price through the roof.
FIND OUT WHICH TWO GROUPS ARE BIDDING FOR KOHL'S

Markets

DJIA	34,364.50	0.29%
S&P 500	4,410.13	0.28%
Nasdaq Composite	13,855.13	0.63%
Japan: Nikkei 225	27,082.76	-1.83%
UK: FTSE 100	7,297.15	-2.63%
Crude Oil Futures	83.80	0.59%
Gold Futures	1,841.50	-0.01%
Yen	113.88	-0.08%
Euro	1.13	-0.02%
* As of market close

Meta unveils plans for new supercomputer

Facebook's parent company Meta announced Monday it is launching one of the world's most powerful supercomputers to boost its capacity to process data, despite persistent disputes over privacy and disinformation. The tech giant said the use of thousands of machines could process images and video up to 20 times faster than their current systems.

SEE WHAT META'S SUPERCOMPUTER COULD MEAN FOR TECH

Tesla countersues JP Morgan, citing 'animus'

Tesla is launching a legal counterattack on JPMorgan over a $162 million lawsuit related to a 7-year-old bond deal. At the center of its argument is a claim that JPMorgan just doesnâ€™t like Tesla CEO Elon Musk. Of course, if that's a crime, we probably need to establish a prison colony on Mars.

FIND OUT HOW A 2014 MUSK TWEET COULD COST MUSK MILLIONS

Cruise ship skips out on paying $4.6M fuel bill

We've heard of people pulling the "gas-and-dash" trick, but this one takes it too far - to the tune of $4.6 million lawsuit. The Crystal Symphony cruise ship took a sudden detour from the U.S. coast over the weekend to avoid paying the pricey fuel bill, forcing passengers to hide out in the Bahamas.

FIND OUT HOW PASSENGERS ARE RETURNING TO US PORTS

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Liquid assets

The average cost of gas is $3.31 a gallon, but that's not close to being the most expensive liquid in the world. What is it and how much is it worth?

Monday's answer: Sam Porcello held the original patent to the Oreo cookie before selling it to Nabisco. The Oreo officially turns 110 this year.

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