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  • Lukas Gage Reveals Mom’s Surprising Reaction to Racy White Lotus Scene With Murray Bartlett – E! Online

    Lukas Gage Reveals Mom’s Surprising Reaction to Racy White Lotus Scene With Murray Bartlett – E! Online

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    There’s nothing like the bond between a mother and son.

    On season one of The White Lotus, Lukas Gage played resort staffer Dillon, who shared a very—shall we say—intimate scene with his boss Armond, played by Murray Bartlett.

    The scene in question required Lukas to be naked from the waist down, which would probably be an awkward thing for most actors to discuss with their families. However, in Lukas’ case, his mom couldn’t have been prouder.

    “She says, ‘That’s a great ass. Get that money. Get that bag and be committed,’” Lukas told Variety March 16. “My mom’s cool. She’s like a cool little hippie lady. With nudity, I think we both share sort of a European vibe.”

    The scene in The White Lotus served to prep Lukas and his family for the fourth season of Netflix’s You, in which Lukas received a golden shower. 

    When that scene came out, Lukas received feedback from more than just his mom.

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  • Market Runs As Bank Fears Ease, But This Is Lacking

    Market Runs As Bank Fears Ease, But This Is Lacking

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    Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. FedEx (FDX) reported earnings late Thursday, signaling a possible FDX stock breakout.




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    The stock market rally attempt had a strong session, reversing higher from morning lows. The Nasdaq led the way, fueled by big caps such as Apple stock, Microsoft (MSFT), Advanced Micro Devices (AMD) and Nvidia (NVDA).

    But Thursday’s market catalyst was news of a $30 billion deposit infusion for embattled California-based First Republic Bank (FRC). JPMorgan Chase (JPM), Citigroup (C), Bank of America (BAC) and Wells Fargo (WFC) announced that they will each make a $5 billion uninsured deposit into First Republic. Goldman Sachs (GS) and Morgan Stanley (MS) are contributing $2.5 billion each. Bank of New York Mellon (BK), PNC Financial (PNC), State Street (STT), Truist (TFC) and U.S. Bancorp (USB) are each making an uninsured deposit of $1 billion.

    FRC stock, down over 36% intraday and up as much as 28%, closed up 10.3% to 34.38. Shares are off more than 70% this month. Several other regional banks moved higher as well, including Western Alliance Bancorp (WAL) and Pacific Western Bank (PACW), often called PacWest.

    But FRC stock plunged 17% in late trading as First Republic suspended its dividend. WAL stock and PACW stock retreated solidly overnight.

    JPM stock closed up 1.9%, rebounding from just above the 200-day moving average. Citi and BAC stock also closed up nearly 2%.

    The First Republic rescue report followed Wednesday night news that Credit Suisse (CS) would borrow up to $53.7 billion from the Swiss National Bank while also buying back debt. CS stock rose solidly intraday, but closed flat at 2.16. Shares hit a record low of 1.75 intraday Wednesday.

    Banks tapped $164.8 billion from the central bank’s backstops in the week ended March 15, the Federal Reserve data showed late Thursday. That includes a record $152.85 billion from the discount window, up from $4.58 billion in the prior week. That’s likely mostly from the FDIC-run successors to SVB Financial and Signature Bank. Banks also borrowed $11.9 billion from the Bank Term Funding Program. Under that new Fed facility, banks can take out one-year loans under favorable terms in exchange for quality collateral.

    Apple (AAPL) and Microsoft stock flashed buy signals Thursday, along with Lantheus (LNTH), Workday (WDAY) and Lennar (LEN).

    Apple stock is on SwingTrader. MSFT stock is on the IBD Long-Term Leaders list. LNTH stock and Workday are on the IBD 50. Lantheus was Thursday’s IBD Stock Of The Day.

    Investors could have chosen to add a little exposure Thursday, but remain cautious. The major indexes showed strength, but volume fell vs. Wednesday. So it’s still a market rally attempt, not a confirmed uptrend.

    Dow Jones Futures Today

    Dow Jones futures were even vs. fair value. S&P 500 futures and Nasdaq 100 futures edged higher.

    The 10-year Treasury yield dipped 2 basis points to 3.56%, but the two-year yield climbed 5 basis points to 4.18%.

    Remember that overnight action in Dow futures and elsewhere doesn’t necessarily translate into actual trading in the next regular stock market session.

    FedEx Earnings

    FedEx earnings topped fiscal Q3 views but missed on revenue. The shipping giant raised full-year EPS guidance. FedEx stock soared 12% to 227.92 overnight, signaling a possible breakout. Shares rose 4.5% to 204.05 in Thursday’s regular session, back above the 200-day and 50-day lines. FedEx stock is working on a 217.48 flat-base buy point, but investors could use a move above the March 9 intraday high of 213.31 as an early entry.

    United Parcel Service (UPS) rose 3% in extended trade on FedEx earnings, suggesting a breakout or at least an early entry. Shares rose 1.9% to 187.90 on Thursday, rebounding from near the 50-day and 200-day lines and flirting with short-term resistance and a trendline going back a year. UPS stock is in a flat base with a 193.81 buy point within a yearlong consolidation.


    Join IBD experts as they analyze actionable stocks in the stock market rally on IBD Live


    Stock Market Rally

    The stock market rally had a strong day, rebounding to close near session highs as bank crisis fears ebbed.

    The Dow Jones Industrial Average rose 1.2% in Thursday’s stock market trading. The S&P 500 index popped 1.8%, with First Republic and AMD stock the top performers. The Nasdaq composite jumped 2.5%. The small-cap Russell 2000 bounced 1.4%.

    U.S. crude oil prices rose 1.1% to $68.35 a barrel after plunging to a 2023 low on Wednesday. Copper prices edged up 0.75%.

    The 10-year Treasury yield popped 9 basis points to 3.58%, rebounding from 3.37% intraday. The two-year yield reversed higher to jump 16 basis points to 4.13%.

    Markets are now expecting quarter-point Fed rate hikes in March and May, and project more rate cuts after that. Needless to say, Fed rate projections are in flux.

    The European Central Bank went ahead with a half-point rate hike on Thursday.

    ETFs

    Among growth ETFs, the Innovator IBD 50 ETF (FFTY) popped 2.7%, while the Innovator IBD Breakout Opportunities ETF (BOUT) gained 2.1%. The iShares Expanded Tech-Software Sector ETF (IGV) rallied 2.7%, with MSFT stock a major component. The VanEck Vectors Semiconductor ETF (SMH) jumped 4%.

    SPDR S&P Metals & Mining ETF (XME) climbed 1% and the Global X U.S. Infrastructure Development ETF (PAVE) 1.3%. U.S. Global Jets ETF (JETS) and SPDR S&P Homebuilders ETF (XHB) both gained 1.8%. The Energy Select SPDR ETF (XLE) advanced 1% and the Health Care Select Sector SPDR Fund (XLV) 0.9%

    The Financial Select SPDR ETF (XLF) rebounded 1.9%. JPM stock is a key XLF holding, along with Citigroup stock and BofA. SPDR S&P Regional Banking ETF (KRE) bounced 3.5%, with FRC stock, Western Alliance, PacWest and many larger regional names.

    Reflecting more-speculative story stocks, ARK Innovation ETF (ARKK) ran 3.1% higher and ARK Genomics ETF (ARKG) advanced 1.7%.


    Five Best Chinese Stocks To Watch Now


    Stocks In Buy Areas

    AAPL stock rose 1.9% on Thursday to 155.85, rebounding from its 21-day line, rising for the fourth straight day in above-average trade. The iPhone giant is not extended from its 200-day and 50-day lines. Shares, which had their best close in nearly six months, also came up to a trendline from early February. Apple stock has a 1,547.48 flat-base buy point.

    MSFT stock popped 4.05% to 276.20, rising for a fourth straight day in heavy volume. Up 11% for the week, shares are close to the 276.86 flat-base buy point. But Microsoft is also getting close to being extended from the 200-day and 50-day lines. The relative strength line is already at a 52-week high, a bullish sign. The RS line, the blue line in the charts provided, tracks a stock’s performance vs. the S&P 500 index.

    Along with general market optimism and safe-haven flows into tech giants, Microsoft appears to be benefiting from its AI chatbots, which could offer a chance to gain market share in the internet search sector.

    LNTH stock jumped 7.6% to 78.83, breaking out into a buy zone. While 75.20 was still arguably a buy point, the 77.04 cup-with-handle entry on a weekly chart seems more relevant.

    WDAY stock rose 4% to 191.72, extending Monday’s bounce from the 50-day line. Shares are still in range from a prior cup base, with a 184.60 buy point. Investors could use that or the bounce from the 50-day and 21-day lines. Workday stock is on track to have a new flat base with a 193.74 buy point after Friday’s close.

    LEN stock also advanced 4%, to 104.20. The rebound from near the 50-day line offered an early entry. The homebuilder has a 109.38 flat-base buy point, according to MarketSmith analysis. On Wednesday, shares initially rose following strong Lennar earnings and guidance, but reversed lower. Thursday’s move pushed above Wednesday’s intraday high. The RS line for LEN stock is already at a 52-week high.

    Market Rally Analysis

    The stock market rally attempt enjoyed a broad-based, robust advance Thursday, fueled by optimism that bank woes will be contained.

    The Nasdaq composite rebounded strongly from a convergence of all the major averages, breaking a trendline from the early February highs. The Nasdaq 100, which includes Apple stock and Microsoft, decisively broke its trendline.

    The S&P 500 index moved back above its 200-day line. It’s not that far from the 50-day line. Breaking above that would likely mean the S&P 500 would clear its own trendline. Of course, it wouldn’t take much for the S&P to fall back below its 200-day or test recent lows.

    The Dow Jones rebounded toward its 200-day line, but the 50-day is some ways off. The Russell 2000 climbed, but has work to do.

    Nasdaq’s price action was impressive, but volume was lighter than on Wednesday. So Thursday didn’t qualify as a follow-through day. Investors can look for a follow-through day on the Nasdaq or S&P 500 now. Friday will be a quadruple-witching day, so volume will likely be higher.

    Leading stocks stood out once again. Many are extended, such as Nvidia, AMD and Arista Networks (ANET). But a number of stocks flashed buy signals or moved back into position.

    While Thursday’s headlines were positive, that could all change if there’s another shoe to drop in the banking sector.

    Meanwhile, big shifts in Treasuries, Fed rate hike expectations and other markets will feed back into stocks.


    Time The Market With IBD’s ETF Market Strategy


    What To Do Now

    The stock market rally attempt has not yet been confirmed, but the big price gain and technical action in the Nasdaq were bullish. The action of leading stocks was even more so.

    Investors could have added some exposure Thursday. But be careful of ramping up quickly in this volatile, news-driven market. There’s also nothing wrong with waiting for a FTD before stepping back in. Many top stocks are still in range or moving into position.

    Remember, if you’re quick to jump into stocks and rally attempts, you have to be just as quick stepping out.

    In any case, make sure your watchlists are ready.

    Read The Big Picture every day to stay in sync with the market direction and leading stocks and sectors.

    Please follow Ed Carson on Twitter at @IBD_ECarson for stock market updates and more.

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  • Chyulu Hills, Kenya: World’s Greatest Places 2023

    Chyulu Hills, Kenya: World’s Greatest Places 2023

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    Kenya’s Chyulu Hills stretch across the plains where Amboseli meets Tsavo, a rugged outcrop of volcanic rock gently blanketed in green, with elephants, zebras, and giraffes roaming along the horizon. A short hop via bush plane from Wilson Airport in Nairobi, Chyulu Hills served as the muse for Ernest Hemingway’s “Green Hills of Africa” and is a favorite destination for those seeking unobstructed views of Kilimanjaro without having to book an additional flight to Tanzania.

    Last year, a pilot project partnership between Maasai Wilderness Conservation Trust and the local community deployed a fleet of four electric vehicles to aid in conservation work. It’s the first step in a larger effort to curb environmental pollution in the area and will foster quieter patrols for anti-poaching rangers and zero-emissions transport for community firefighters.

    ol Donyo Lodge, a Relais-Chateaux camp – one of three in Kenya – by renowned photographers Dereck and Beverly Joubert, sits nestled in the hills, and offers visitors quiet luxury. The eight-room lodge was partially renovated during the pandemic and offers each guest their own DSLR camera, a sunken hide adjacent to a watering hole to see the last great tuskers of the world up close, and horseback riding treks across the Kenyan savannah. A maximum capacity of 16 guests at the conservancy’s only lodge ensures a personalized experience for every traveler on 270,000 acres of untouched African wilderness owned by local Maasai community members.

    More Must-Reads From TIME


    Contact us at letters@time.com.

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  • Josh Duggar’s 12.5-year prison sentence for child pornography conviction extended by almost 2 months

    Josh Duggar’s 12.5-year prison sentence for child pornography conviction extended by almost 2 months

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    Josh Duggar’s 12 ½ year prison sentence has been extended for almost two additional months, according to the Federal Bureau of Prisons website.

    The 35-year-old disgraced reality star, who was convicted on child pornography charges in 2021, originally had a release date of Aug. 12, 2032. Earlier this week, online prison records for Duggar indicated that his release was pushed back until Aug. 22, 2032, per Insider. However, the records now cite his release date as Oct. 2, 2032.

    The sentence extension comes as Duggar reportedly remains in solitary confinement, where he was placed after allegedly being caught last month with a contraband cellphone. The “19 Kids and Counting” alum has been serving his sentence at the low-security federal prison FCI Seagoville near Dallas.

    An attorney for Duggar and a representative for FCI Seagoville did not immediately respond to Fox News Digital’s request for comment.

    Josh Duggar’s prison release date has been pushed back to Oct. 2, 2032. (Washington County Sheriff’s Office via Getty Images / File)

    JOSH DUGGAR SEEN SMILING IN MUGSHOT PHOTO AFTER RECEIVING GUILTY VERDICT IN CHILD PORNOGRAPHY TRIAL

    A federal jury in Arkansas found Duggar guilty in December 2021 on charges related to the receipt of child pornography and possession of child pornography. Last May, he was sentenced to 151 months in prison. Duggar was transferred from Washington County Jail in his home state of Arkansas to FCI Seagoville in Texas last June.

    Lawyers for Duggar are seeking to reverse his conviction. During a federal appeals court hearing in February, they argued that investigators violated his rights by seizing the phone he was using to try to call his lawyer during the search that found the images.

    Duggar was arrested in April 2021 after a Little Rock, Arkansas, police detective found child pornography files were being shared by a computer traced to Duggar. Investigators testified that images depicting the sexual abuse of children were downloaded in 2019 onto a computer at a dealership he owned.

    Duggar was sentenced to 12 ½ years in prison after being convicted on child pornography charges.

    Duggar was sentenced to 12 ½ years in prison after being convicted on child pornography charges. (Kris Connor / Getty Images / File)

    Prosecutors said that the computer Duggar used had a monitoring program on it to report his activities to his wife, Anna Duggar, but the images and video were downloaded after separate software was installed that would allow him to download items without being detected.

    Additionally, prosecutors said that Duggar was free to leave the scene and instructed not to speak with agents without an attorney, and he was also with two other people whose cellphones weren’t seized, indicating that “he had an option to speak to a lawyer even though obviously the officers had appropriately seized the phone at the outset of their search.”

    Duggar’s attorneys argued, “What federal agents did is they physically took the phone out of his hand, and from that point forward, deprived him of the ability to communicate with his legal counsel, as was his constitutional right.”

    Lawyers for Duggar are seeking to reverse his conviction.

    Lawyers for Duggar are seeking to reverse his conviction. (Washington County Sheriff’s Office / File)

    Duggar appeared alongside his father, mother, nine brothers and nine sisters on the TLC reality series “19 Kids and Counting,” which ran from 2008 to 2015.

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    Allegations against Duggar date to 2006, when authorities received a tip from a family friend that accused him of molesting four of his sisters and a babysitter years earlier. However, the investigation ended after it was concluded that the statute of limitations had passed on any possible charges.

    The allegations reemerged in 2015, leading to the cancellation of “19 Kids and Counting.” Duggar later apologized for marital infidelity and a pornography addiction and sought treatment.

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    Fox News Digital’s Elizabeth Stanton and the Associated Press contributed to this report.

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  • First Republic Bank Gets $30B Rescue From Competitors | Entrepreneur

    First Republic Bank Gets $30B Rescue From Competitors | Entrepreneur

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    First Republic Bank began to founder after the collapse of Silicon Valley Bank, with its stock dropping from $115 per share on March 8 to around $20 Thursday. Now it looks like First Republic—which like SVB had numerous uninsured depositors—will get by with a little help from its friends.

    Here’s more from CNBC:

    Bank of America, Wells Fargo, Citigroup and JPMorgan Chase will contribute about $5 billion apiece, while Goldman Sachs and Morgan Stanley will deposit around $2.5 billion, the banks said in a news release. Truist, PNC, U.S. Bancorp, State Street and Bank of New York Mellon will deposit about $1 billion each.

    In the same release, the group said the “action by America’s largest banks reflects their confidence in First Republic and in banks of all sizes.” The statement said the depositors were also demonstrating an “overall commitment to helping banks serve their customers and communities.”

    While bank stock nosedived Thursday, reports of aid to First Republic managed to push them back up. The deposits, CNBC reports, must remain with the beleaguered bank for up to four months.

    According to sources who spoke to the Wall Street Journal, bank execs recently convened with Treasury Secretary Janet Yellen and others in Washington to talk over the plan. The WSJ quoted from a joint statement by the Treasury, Fed, FDIC and Office of the Comptroller of the Currency which said in part that the “show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system.”

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  • No apology from Pence after ‘homophobic joke,’ Chasten Buttigieg says

    No apology from Pence after ‘homophobic joke,’ Chasten Buttigieg says

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    Chasten Buttigieg, author and the husband of Transportation Secretary Pete Buttigieg, told co-hosts of ABC’s “The View” on Thursday that he has not heard from former Vice President Mike Pence since Pence made what the White House called a “homophobic joke” aimed at his family over the weekend.

    Asked by co-host Sunny Hostin if he’s heard anything from Pence, or if expects to, Chasten Buttigieg quickly said, “No.”

    “No, and I think it’s not ‘woke,’ you know, to say that something is homophobic or misogynistic. Doesn’t make you woke. It doesn’t make you a snowflake to tell someone they made a mistake,” he said, defending his husband for taking parental leave.

    Chasten Buttigieg appears on ABC’s “The View,” March 16, 2023.

    ABC News

    “I know we all struggle to find a balance between work and family life. I’ve never seen someone work harder than my husband to find that balance, but I think Republican or Democrat, we can all agree when your child — our prematurely born child — is barely five pounds, when your kid is connected to a ventilator, you don’t want to be anywhere but by their bedside,” he said.

    Pence, headlining at the annual and typically comedic Gridiron Club dinner in Washington for journalists and politicians, mocked Buttigieg for taking parental leave after the birth of his adopted twins, while he said Americans faced issues with air travel.

    “He took two months ‘maternity’ leave whereupon thousands of travelers were stranded in airports, the air traffic system shut down, and airplanes nearly collided on our runways. Pete is the only person in human history to have a child and everyone else gets postpartum depression,” Pence said, according to reporters present.

    The Buttigiegs’ twins, now 18 months, were born prematurely, developed Respiratory Syncytial Virus Infection (RSV) and one was hospitalized and put on a ventilator — a “terrifying” experience that the couple documented on Medium and a point Chasten Buttigieg raised in a tweet aimed at Pence.

    “I spoke up because we all have an obligation to hold people accountable for when they say something wrong, especially when it’s misogynistic, especially when it’s homophobic, and I just don’t take that when it’s towards my family, and I don’t think anyone else would, especially when you bring a very small, medically-fragile child into it,” he said.

    Chasten Buttigieg also said Pence’s comments were “part of a much bigger trend attacking families.”

    “The thing about what he said is it flies in the face of what he says he is. He says he’s a family values Republican. So I don’t think he’s practicing what he preaches here,” he said.

    “Someone wrote this, and he checked it and purposely said maternity leave rather than paternity leave — but also, it’s a bigger conversation about the work that women do in families — taking a swipe at all women and all families and expecting that women would stay home and raise children is a misogynistic view, especially from a man who said just last year that we should be supporting more people that adopt,” he added.

    PHOTO: Former Vice President Mike Pence speaks with reporters following a roundtable discussion on police reform, March 2, 2023, in North Charleston, S.C.

    Former Vice President Mike Pence speaks with reporters following a roundtable discussion on police reform, March 2, 2023, in North Charleston, S.C.

    Meg Kinnard/AP

    ABC News’ Gio Benitez asked the transportation secretary himself on Monday afternoon if he thought Pence owed him an apology, to which he responded, “I’ll let others speak to that.”

    “It’s a strange thing to me because the last time I saw him, he asked me about my kids like a normal person would. I guess, you know, at a political event in white tie, it’s a little different,” Pete Buttigieg said.

    Marc Short, Pence’s former chief of staff and co-chair of an advocacy group Pence founded, called the response from the White House “faux outrage.”

    “The White House would be wise to focus less on placating the woke police and focus more on bank failures, planes nearly colliding in mid-air, train derailments, and the continued supply chain crisis,” Short said in an earlier statement.

    In comments Thursday night, reported by The Associated Press, Pence defended his comments, telling reporters in New Hampshire: “The Gridiron Dinner is a roast. I had a lot of jokes directed to me, and I directed a lot of jokes to Republicans and Democrats. The only thing I can figure is Pete Buttigieg not only can’t do his job, but he can’t take a joke.”

    The conversation on “The View” Thursday turned to the significance of paid parental leave, which is not required by federal law in the U.S.

    PHOTO: Pete Buttigieg (r) and husband Chasten announced the expansion of their family with the arrivals of babies Penelope Rose and Joseph August via Twitter, Sept. 4, 2021.

    Pete Buttigieg (r) and husband Chasten announced the expansion of their family with the arrivals of babies Penelope Rose and Joseph August via Twitter, Sept. 4, 2021.

    @PeteButtigieg/Twitter

    “Everyone should have paid family leave, for both spouses, it’s so important,” Chasten Buttigieg said. “There’s nothing weak about that work. It’s the hardest work you’ll ever do in your life.”

    Pete Buttigieg also told co-hosts of “The View” in October 2021 that “maybe some good came out of” the attacks he’s faced because, he said, “It’s helped us have a conversation about parental leave.”

    “Every American ought to be able to get paid parental leave. That’s something that the president believes in and has proposed. It’s something I believe,” he added at the time.

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  • Texas hit with severe weather, tornado warnings

    Texas hit with severe weather, tornado warnings

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    Severe weather ripped through North Texas on Thursday as residents faced a series of severe thunderstorms that brought a tornado warning, rain, and hail to the region.

    The National Weather Service said there was a chance of wind gusts up to 70 mph and large hail as tornado warnings were issued Thursday night through 8 p.m. The watch stretched from just north of Waco up into Oklahoma, and from Cisco in the west to Paris, Texas.

    TORNADOES, VIOLENT STORMS RAVAGE TEXAS AS STORM SYSTEM PASSES THROUGH DEEP SOUTH

    At a car dealership in Irving, Texas, the storm brought strong winds and did considerable damage to the roof.

    SEVERE WEATHER ROCKS SOUTHERN STATES BRINGING HIGH WINDS, TORNADOES, KNOCKING OUT POWER FOR NEARLY 1 MILLION

    Footage from downtown Dallas and Fort Worth showed darkened skies as the storm system moved through the metropolis area.

    Along with Texas, the central Gulf Coast and the Southeast Plains will be hit with severe weather this week with the risk of large hail, damaging winds, tornado warnings and flooding rainfall.  

    On the cold side of this system, measurable snow will fall over the northern Plains, sections of the Midwest and the Great Lakes. A powerful cold front associated with the system will drop temperatures significantly, with freeze advisories up for the Plains and Southeast.

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    Meanwhile, wet weather for the eastern third of the country could put a damper on some St. Patrick’s Day parades.

    Fox News’ Janice Dean contributed to this report.

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  • Florida inches closer to 6-week abortion ban

    Florida inches closer to 6-week abortion ban

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    A Republican-dominated committee in the Florida State House voted to advance a six-week abortion ban on Thursday, although the state’s current 15-week ban is still being decided in state court.

    All 13 GOP members of the Healthcare Regulation subcommittee voted in favor of the proposed House Bill 7, filed in Florida’s House this month. The bill would prohibit physicians from knowingly performing an abortion if the fetus is more than 6 weeks old, unless in cases where the mother’s life in danger, or the pregnancy is the result of rape or incest and is not further along than 15 weeks.

    HB 7 also bans physicians from dispensing abortion-inducing drugs through platforms like tele-health. Instead, a physician “must be physically present in the same room” when the abortion is performed or when abortion-inducing drugs are dispensed.

    Anyone who “willfully performs, or actively participates in, a termination of pregnancy” in defiance of the new guidelines would be committing a felony of the third degree, punishable by up to five years in prison under Florida state law.

    Florida Governor Ron DeSantis previously signed a 15-week abortion ban—House Bill 5—into law in the spring. The bill, which also makes providing an abortion outside of the guidelines a third-degree felony, went into effect July 1 after the U.S. Supreme Court overturned federal abortion protections established in Roe v. Wade.

    The current Florida ban has faced multiple challenges in court, including a case filed by several abortion providers in the state who argue that the bill violates Florida’s constitutional protection for individuals’ privacy. The Florida Supreme Court agreed in January to review the case, which was struck down by lower courts, but justices did not grant providers their request to immediately block HB 5 while the lawsuit proceeds.

    The newly proposed six-week ban would only go into effect if the 15-week ban holds up in court.

    An abortion-rights activist holds a sign that reads “Keep Abortion Legal” at a protest on July 13, 2022, in Fort Lauderdale, Florida. On Thursday, a Florida committee voted to advance a bill that would ban abortion in the state after six weeks of pregnancy.
    John Parra/Getty Images

    Republican state Representative Jenna Persons-Mulicka, who proposed the six-week abortion ban, said that the bill “recognizes the importance and value of the life of innocent, unborn human beings.”

    “The bill that’s before you is not solely a reflection of my personal beliefs, but a result of listening in an attempt to build consensus around a policy that supports life,” she added, according to the Associated Press.

    On Thursday, Democratic House Representative Anna Eskamani proposed an amendment to HB 7 that would strike the six-week abortion ban in its entirety, which failed to be adopted. Fellow Democrat representatives Allison Tant and Kelly Skidmore also proposed amendments that would ease the requirements for the rape, incest and life endangerment exceptions to the bill, but both amendments were also struck down.

    Eskamani addressed the Florida legislature after her amendment failed, sharing how she both worked for Planned Parenthood and was a patient there before being elected to the House.

    “It’s very important that we protect reproductive rights, and I’m incredibly concerned that the direction we are going in Florida is creating a scenario, as Representative Tant mentioned, where people do not even know they’re pregnant at six weeks,” she added.

    Newsweek has contacted Planned Parenthood via email for comment.

    A six-week limit on abortion has often been referred to as a “heartbeat bill.” Fetal cardiac activity can often be detected between the sixth and seventh weeks of pregnancy, according to the American Pregnancy Association.

    Ohio passed a six-week abortion ban following Roe’s overturning, but a judge ordered the ban to be blocked in October, pending a legal challenge that the bill violates state privacy laws. Abortion is currently legal for fetuses up to 20 weeks old in Ohio.

    In November, the Georgia Supreme Court reinstated its statewide abortion ban at six weeks of pregnancy.

    Abortion was one of the top voter issues heading into the 2022 midterms, and in January, an NPR/Ipsos poll found that three in five Americans feel abortion should be legal in all or most cases. Nearly 70 percent of the poll’s respondents also said they would support voting on the issue of abortion using a ballot measure or voter referendum at the state level, like Kansas voters did in August.

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  • Oregon halts electric vehicle rebates due to demand, money

    Oregon halts electric vehicle rebates due to demand, money

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    Oregon will temporarily suspend rebates for buying or leasing an electric vehicle for a year starting in May

    SALEM, Ore. — Oregon will temporarily suspend rebates for buying or leasing an electric vehicle for a year starting in May because too many people are applying and the program is running out of money, The Oregonian/OregonLive reported Thursday.

    A growing number of Oregonians are buying or leasing electric vehicles, with over 60,600 registered in the state.

    The Oregon Department of Environmental Quality announced Wednesday the suspension of the Clean Vehicle Rebate Program that has disbursed more than $71 million over five years to help people buy or lease roughly 25,000 of those vehicles. A fifth of the rebates went to low- and moderate-income households, state data shows.

    Since the end of 2018, the state has offered two cash rebates for Oregon drivers who buy or lease electric vehicles or plug-in hybrids under $50,000. The standard rebate of up to $2,500 is available regardless of income and can be received at participating dealers. The “charge ahead” rebate of $5,000 is aimed at low- or moderate-income households and must be accessed via a mail-in application. The two rebates can be combined for up to $7,500 cash back.

    “Even though we’re announcing a temporary suspension, it really shows the program is a victim of our own success,” Rachel Sakata, senior air quality planner with the environmental quality department. “We’re one of the top states in the nation in terms of the percentage of EV sales.”

    Oregon’s Department of Transportation estimates that people will be driving 1.5 million electric vehicles in the state by 2035. About 3.2 million passenger vehicles are registered in Oregon today.

    Since the end of 2018, the state has offered two cash rebates for Oregon drivers who buy or lease electric vehicles or plug-in hybrids under $50,000. The standard rebate of up to $2,500 is available regardless of income and can be received at participating dealers. The “charge ahead” rebate of $5,000 is aimed at low- or moderate-income households and must be accessed via a mail-in application. The two rebates can be combined for up to $7,500 cash back.

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  • Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash

    Crypto users turned to DEXs, loaded up on USDC after Silicon Valley Bank crash

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    The collapse of Silicon Valley Bank (SVB) saw investors loading their bags with USD Coin (USDC), along with an exodus of funds from centralized exchanges (CEXs) to decentralized exchanges (DEXs).

    Outflows from centralized exchanges often spike when the markets are in turmoil, explained blockchain analysis firm Chainalysis in a March 16 blog post, as users are likely worried about losing access to their funds when exchanges go down.

    Funds sent from CEXs to DEXs following SVB’s collapse. Source: Chainalysis.

    Data from Chainalysis shows that hourly outflows from CEXs to DEXs spiked to over $300 million on March 11, soon after SVB was shut down by a Californian regulator.

    A similar phenomenon was observed during the collapse of cryptocurrency exchange FTX last year, amid fears that the contagion could spread to other crypto firms.

    However, data from the blockchain analytics platform Token Terminal suggests that the surge in daily trading volumes for large DEXs was short-lived in both cases.

    Daily trading volumes for large DEXs from September to March. Source: Token Terminal.

    USDC was identified as one of the top assets being moved to DEXs, which Chainalysis said was unsurprising given that USDC depegged after stablecoin issuer Circle announced it had $3.3 billion in reserves stuck on SVB, prompting many CEXs like Coinbase to temporarily halt USDC trading.

    Related: Circle clears ‘substantially all’ minting and redemption backlog for USDC

    What was surprising, Chainalysis noted, was the surge in USDC acquisitions on large DEXs such as Curve3pool and Uniswap, saying: “several assets saw large spikes in user acquisition, but none more than USDC.”

    Token acquisitions on Uniswap from March 7 to March 14. Source: Chainalysis.

    Chainalysis theorized that this was due to confidence in the stablecoin, with some crypto users loading up on USDC while it was relatively cheap and betting that it would regain its peg — which it did on March 13, according to CoinMarketCap.

    USDC’s brief depeg from March 11 to March 13. Source: CoinMarketCap.