Here are some Cheddar News' headlines that are Good2Know.
SUPERCONDUCTOR BREAKTHROUGH
Researchers at the University of Rochester report that they've made a major breakthrough in the technology of superconductors, which could lead to a slew of innovations in the energy sector, including better batteries and more-efficient power grids. The crux of the breakthrough is that the scientists have created a superconductor that can operate at room temperature, rather than in sub-zero conditions. In short, such a device would make it a lot easier to move electricity through wires with less resistance and energy loss.
ELON MUSK IS BUILDING A TOWN
Elon Musk is reportedly acquiring thousands of acres of land in Texas with the goal of launching a company town for his employees. Entities connected to Musk have purchased at least 3,500 acres outside of Austin and are trying to incorporate under the name "Snailbrook." The name is apparently a reference to Musk's tunneling company Boring Co. A Wall Street Journal report noted that Musk is trying to provide affordable homes for employees for all three of his companies, SpaceX, Tesla, and Boring Co., which all have offices and plants in the area.
The Justice Department has secured a $9 million settlement with Ameris Bank over allegations that it avoided underwriting mortgages in predominately Black and Latino communities in Jacksonville, Florida, and discouraged people there from getting home loans.
Israel pounded the Gaza Strip with airstrikes on Thursday, including in the south where Palestinians were told to take refuge, and the country's defense minister told ground troops to “be ready” to invade, though he didn’t say when.
Addressing the nation from the Oval Office, President Joe Biden has made his case for major U.S. backing of Ukraine and Israel in a time of war.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
According to a new survey from the Federal Reserve, income inequality grew during the pandemic.
Cheddar News checks in with your coast-to-coast weather forecast for Thursday, Oct. 19, 2023.
The suspect accused of orchestrating the killing of iconic rapper Tupac Shakur will be arraigned Thursday on a murder charge. Duane Davis is expected to plead not guilty to murder with the use of a deadly weapon.
Authorities say a U.S. marine was killed Wednesday night in an incident at Camp Lejeune in Jacksonville, North Carolina.
A Russian-American journalist working for a U.S. government-funded media company has been detained in Russia and charged with failing to register as a “foreign agent,” her employer said Thursday.
Lawyer Sidney Powell pleaded guilty to reduced charges Thursday over efforts to overturn Donald Trump’s loss in the 2020 election in Georgia, becoming the second defendant in the sprawling case to reach a deal with prosecutors.
