More Chaos in Ecuador & Supreme Court to Potentially Alter Chevron Doctrine

Heyo, reader! We hope you’re having a productive Thursday morning!

2️⃣ This Morning’s Two Reports:

• 🚨 Shock in Ecuador: Top Prosecutor Killed Amid TV Attack Case

• ⚖️ Supreme Court Tackles Major Case Impacting Fishermen's Rights

📊 Market Snapshot

• DOW: 🔽 0.25% (37,266.67)

• S&P 500: 🔽 0.56% (4,739.21)

• NASDAQ: 🔽 0.59% (14,855.62)

• BTC:  🔽 0.19% (42,657.20)

• ETH: 🔽 0.053% (2,526.60)

_{*Stock numbers as of market close, cryptocurrency as of 7:50pm EST yesterday.}

First Report

🚨 Shock in Ecuador: Top Prosecutor Killed Amid TV Attack Case

In a striking escalation of violence, Ecuador's Prosecutor César Suárez, tasked with investigating a live-broadcast attack at TC Television studio, was shot dead in Guayaquil. This city, known for its high crime rates, has been rocked by this event amidst a national surge in drug-related crimes. Attorney General Diana Salazar vows to continue the fight against organized crime in the wake of this tragedy, highlighting the grave challenges Ecuador faces. The country reels under this pressure, with schools closed, a national curfew in effect, and the government grappling with a spike in violent deaths, particularly in Guayaquil. 🚓🇪🇨

TL;DR ⏳: Ecuador's prosecutor killed during a pivotal investigation, sparking national unrest.

Second Report

⚖️ Supreme Court Tackles Major Case Impacting Fishermen's Rights

The Supreme Court's conservative majority seems poised to alter the Chevron doctrine, a significant legal precedent, after hearing arguments from New Jersey and Rhode Island fishermen. They contend that a National Oceanic and Atmospheric Administration (NOAA) regulation, mandating a costly "at-sea monitor" fee of $700 per day, exceeds the agency's authority granted by Congress and the Constitution. This case challenges the practice where courts defer to federal agencies' interpretation of their regulatory scope, potentially reshaping the balance of power in federal regulations. 🏛️🎣

TL;DR ⏳: Fishermen's court battle could redefine federal regulatory power.

⚡ Quick Hits

1. 🏛️ Maine Superior Court halts state's decision to exclude Trump from primary ballot

2. 📞 White House chief of staff apologizes to Asa Hutchinson for sharp DNC comment

3. 💼 Billionaire Mike Bloomberg invests $250M in new health care high school in Dallas

4. 🔪 Five people stabbed in random attacks in Queens

5. 📺 CNN scraps New Hampshire debate as Haley opts out

6. 👑 Princess of Wales hospitalized for abdominal surgery, expected two-week stay

7. 🌐 Biden administration reinstates Houthis as terror group after reversing Trump's decision

8. ✈️ Passengers sue Alaska Airlines, Boeing over door detachment incident midflight

9. 🍏 US appeals court allows continuation of Apple Watch sales ban

10. 🛒 Costco tests out new entry system in stores

Games

Fun Fact: Did you know? A cow-bison hybrid has a name that sounds like it's straight out of a comedy skit? Meet the "Beefalo"! Imagine a creature that's part cow, part bison, and all pun. It's like nature decided to play a little wordplay while creating this unique animal. So next time you're on a farm, keep an eye out for the beefalo! 🍔😂