Latest / Sunny Mornings Boston / Boston Bomb, Bitcoin Surge, Russell Wilson, SpaceX, Paramount

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Boston Bomb, Bitcoin Surge, Russell Wilson, SpaceX, Paramount · Sunny Mornings Boston

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  Good morning and a warm welcome to your show, Sunny Mornings in Boston.
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  I'm your host Melissa and it's Tuesday, March 5th.
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  Coming up on today's show, we'll get into the weather report, then we'll jump into
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  some local news and a few interesting happenings in business, tech and science.
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  But first, you'll be interested to know today's Cinco de Mayo.
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  It's a holiday that celebrates the Mexican army's victory over France in 1862 at the
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  Battle of Puebla during the Franco-Mexican War.
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  Now checking out the weather in the Boston area.
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  This morning it's cloudy and feels like 37 degrees with 5 mile per hour wind.
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  The sunset will take place at 5.39 p.m. and will rise again tomorrow at 6.10 a.m.
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  It looks like we're in for some patchy drizzle with a chance of rain before 8 a.m., then
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  rain mainly after 8.
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  We'll have some patchy fog before 3 p.m. and a high near 45 with wind of 5 to 7 mile
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  per hour.
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  Chance of precipitation is 80 percent, with new rain amounts between a quarter and half
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  of an inch.
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  Tonight, rain likely mainly before 11 p.m. and patchy fog before 3 a.m.
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  Otherwise, mostly cloudy with a low around 45 and wind of 5 to 7 mile per hour.
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  Chance of precipitation is 60 percent, with new rain amounts between a tenth and quarter
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  of an inch.
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  For all you beach runners out there, the first high tide Tuesday is just after 6 a.m. with
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  a low tide around 1.
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  The nearshore buoy at Cape Cod Bay reads 39 degrees for the water temperature.
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  Looking ahead in the weather.
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  On Wednesday, rain is expected mainly after 5 p.m. with cloudy skies at a high near 59
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  degrees.
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  Wind will shift from southwest to southeast with a 60 percent chance of light rain.
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  Wednesday night will see more rain, a low of 42, and a 90 percent chance of precipitation.
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  Thursday brings rain until the afternoon, with a high of 47 and strong wind.
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  By Friday, conditions improve to mostly sunny with a high near 45, and the weekend forecasts
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  rain chances increasing, especially by Sunday, with temperatures ranging in the mid-40s.
• 2:39
  Bonjour, food enthusiasts!
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  This podcast is brought to you by Versailles Cafe and Pastries in Encinitas.
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  Nestled on El Camino Real South, just north of Encinitas Boulevard, this cafe is a haven
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  for culinary delights.
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  Indulge in their amazing Eggs Benedict or their gluten-free crepes.
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  You can grab a panini for lunch or just breeze on through to get your morning coffee.
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  They are open every day from 8 to 5.
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  So stop on by and don't forget to tell them.
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  Sunny mornings send you.
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  In local news.
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  In Needham, Massachusetts, a magnet fisher made a startling discovery in the Charles
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  River, finding a live mortar.
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  The incident led to the temporary closure of a busy road as emergency services, including
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  the Massachusetts State Police Bomb Squad, responded.
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  John Martel, the magnet fisher, was live streaming on his YouTube channel when he unearthed the
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  ordinance.
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  Upon realizing the danger, Martel contacted the police, understanding the potential risk,
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  especially to children.
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  Authorities decided to safely detonate the mortar in a controlled area, alerting nearby
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  residents by phone notifications.
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  Martel's find didn't stop at the mortar.
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  He also retrieved a gun with a damage trigger guard from the river.
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  His efforts reflect a commitment to cleaning up waterways and contributing positively to
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  the environment.
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  Police have reassured the public that this was an isolated incident with no ongoing threat
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  to community safety.
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  The Denver Broncos are set to release quarterback Russell Wilson, a move influenced by the financial
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  implications of his contract.
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  The decision to release him allows the team to distribute the capped impact across 2024
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  and 2025.
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  For 2024, the cap charges $35 million, with a subsequent $50 million charge in 2025.
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  This strategic release, structured as a post-June 1st transaction, offers the Broncos a way to
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  manage their salary cap more effectively.
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  The move comes with a potential saving grace.
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  If Wilson signs elsewhere in 2024, the Broncos could receive a credit against his guaranteed
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  compensation, applied in 2025.
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  Avoiding further financial strain, the Broncos avoided guaranteeing Wilson's $37 million
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  salary for 2025 by not extending him past March 17.
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  Last night in national hockey, the Bruins stopped their skid on the road, beat the Maple
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  Leafs 4-1.
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  And tonight, the Celtics are on the road to take on the Cavs.
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  In top news, Wall Street is undergoing a significant shift in its approach to diversity, equity,
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  and inclusion initiatives amidst a conservative backlash and concerns over reverse discrimination.
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  Bullman's Axe has opened its Possibility Summit for Black college students to include
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  white students, reflecting broader changes across the financial sector.
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  Bank of America and Bank of New York Mellon are among those re-evaluating their DEI strategies
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  with the latter, advised to abandon hard metrics for workforce diversity.
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  These changes signal a retreat from previous commitments to DEI spurred by legal challenges
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  and the politicization of affirmative action and DEI efforts.
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  Recruitment programs and internal DEI initiatives are being reworked, moving away from exclusive
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  focus on women and minorities to broader inclusivity.
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  The shift marks a departure from recent years' momentum towards racial reckoning and inclusive
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  hiring driven by a legal and cultural backlash.
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  In business news, Bitcoin has reached a new all-time high, trading at $68,791, surpassing
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  its previous record set in November of 2021.
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  This surge breaks a more than two-year period of stagnation and revives optimism in the
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  crypto ecosystem.
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  The climb in Bitcoin's value has been significantly influenced by the U.S. regulator's approval
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  of Bitcoin exchange trade funds attracting mainstream investors.
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  These spot Bitcoin ATS, which reflect Bitcoin's market price in real time, launched in January
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  and have already generated over $4.2 billion in new investments.
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  Bitcoin ATS offer a more accessible way for investors to gain Bitcoin exposure without
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  the need for digital wallets or cryptocurrency exchanges.
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  Despite past challenges, including high-profile bankruptcies and legal issues within the crypto
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  industry, Bitcoin's price has risen over 200% in the past year.
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  Investor enthusiasm is also buoyed by the upcoming halving event, expected to further
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  increase Bitcoin's value due to its design scarcity.
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  Bitcoin is currently just over $66,000.
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  Ethereum is over $3,700.
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  And Solana is $131.
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  Moving on to a more local vibe.
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  In our community spotlight on health and wellness, we are working with a national Pilates studio
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  to bring you some free classes, so listen up.
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  Check out Club Pilates with several locations in the Boston area.
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  Pilates presents a comprehensive wellness approach, cultivating strength, reducing tension,
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  and elevating mental well-being.
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  Scientific research affirms its benefits.
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  So now you can check out Club Pilates for a free class.
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  With locations in Canton, Wellesley, Hingham, Brookline, and Framingham, just be sure to
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  tell them, sunny mornings sent you by.
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  And now, back to the show.
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  Let's talk science.
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  SpaceX has achieved a significant milestone by launching a total of 76 satellites in two
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  separate missions from California and Florida this week.
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  Following the successful launch of the Crew Dragon spacecraft to the ISS, SpaceX conducted
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  its 10th rideshare mission from Vandenberg Space Force Base.
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  This mission included 53 small satellites, among them MethaneSat, a satellite developed
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  by the Environmental Defense Fund to monitor methane emissions.
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  MethaneSat aims to identify and measure methane releases from various sources, utilizing high-resolution
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  infrared technology.
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  The project, which seemed ambitious initially, successfully raised $88 million from diverse
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  donors, including the Bezos Earth Fund.
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  Shortly after, SpaceX launched 23 more of its Starlink satellites from Cape Canaveral,
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  increasing the total to 5,942 satellites in orbit.
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  SpaceX's ambitious plan includes launching over 140 Falcon family rockets this year,
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  highlighting its leading role in commercial spaceflight.
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  And in entertainment news, Paramount Global, once a dominant force in the media landscape,
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  faces a challenging future as it seeks a buyer amid the tumultuous streaming wars.
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  Sherry Redstone's attempt to pivot the company towards streaming, with significant investments
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  in Paramount+, hasn't yielded the anticipated audience growth or financial stability.
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  Paramount's struggle is emblematic of broader industry challenges, including declining cable
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  TV subscriptions and a competitive streaming market dominated by giants like Netflix and
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  Disney.
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  The company's financial difficulties, compounded by a $1.5 billion projected loss from its
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  streaming business in 2023, have prompted considerations of selling the iconic family
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  business.
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  Potential buyers have emerged, including media mogul David Ellison and private equity firms,
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  but high interest rates and regulatory hurdles complicate any potential deal.
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  The decline of Paramount not only risks the legacy of its historic studio and networks
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  like CBS, MTV, and Nickelodeon, but also reflects the broader existential threats facing traditional
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  media companies.
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  Well, alrighty folks, it's time for the quote of the day.
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  And today, in honor of all this face talk, here's a quote from astronaut Jim Lovell.
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  There are people who make things happen, there are people who watch things happen, and there
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  are people who wonder what happened.
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  To be successful, you need to be a person who makes things happen.
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  And that's a wrap for this morning.
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  Remember to stay tuned tomorrow for more news and updates.
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  Have an amazing day, my good friends.