Sunday, March 30

In The NEWS


Utah becomes first state to ban fluoride in public drinking water.

Gov. Spencer Cox (R) signed legislation Thursday preventing people or government entities from adding fluoride to water systems in the state, effective May 7. Fluoride is a mineral that helps inhibit or reverse cavities and tooth decay and can be naturally found in water, soil, and rocks (see overview). As of 2022, roughly 44% of Utah's population received fluoridated water, according to the CDC (see stats)—among the lowest in the US.



State Department formally notifies Congress it is dissolving USAID.

The State Department officially informed Congress of its plan to shutter the US Agency for International Development and transfer some of its functions to the department by July 1. The move, expected to face legal challenges, comes after the Trump administration laid off thousands of USAID employees and revoked funding for over 80% of the agency's programs. The administration has argued USAID mismanaged taxpayer funds and supported programs not aligned with US interests. See our previous write-up here.



Nearly 500 cases of measles reported across 20 states, per CDC.

As of Friday, the measles outbreak in Texas had infected 400 people, while four other states are also experiencing outbreaks. The outbreaks—defined as three or more cases—include New Mexico, Kansas, Ohio, and Oklahoma. In total, the US has 483 confirmed measles cases, with 157 cases in children under the age of 5 and 204 in those between the ages of 5 and 19. See data from the CDC here.



CoreWeave begins trading on Nasdaq after raising $1.5B in IPO.

The Nvidia-backed cloud computing firm provides graphics processing unit infrastructure to artificial intelligence developers. Its initial public offering is the largest tech IPO since 2021 after selling 37.5 million shares priced at $40 each. CoreWeave initially planned to sell 49 million shares for between $47 and $55 each. Its shares began trading at $39 each Friday and closed at $40. Learn more about IPOs on our 1440 Topics page.



Trump pardons Nikola founder Trevor Milton in securities fraud case.

Milton was convicted in October 2022 on securities and wire fraud charges for falsely claiming to investors about the success of Nikola's electric and hydrogen-powered trucks. He was sentenced to four years in prison (but had been free on a $100M bail while appealing the case). President Donald Trump's pardon exempts Milton from serving prison time and paying restitution to Nikola shareholders, though he may still face civil lawsuits.


SOURCE:  1440 NEWS

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