MDJ Script/ Top Stories for Oct 28th
Publish Date: Oct 27th
Commercial: Henssler :15
From the Henssler Financial Studio, Welcome to the Marietta Daily Journal Podcast.
Today is Saturday, October 28th and Happy 55th Birthday to Julia Roberts
I’m Keith Ippolito and here are the stories Cobb is talking about, presented by Credit Union of Georgia
All of this and more is coming up on the Marietta Daily Journal Podcast, and if you are looking for community news, we encourage you to listen and subscribe!
BREAK: CU of GA
STORY 1: 'Reach for the Stars': Burruss Elementary Students Make Contact with International Space Station
Students at Burruss Elementary School in Marietta, Georgia, had a unique opportunity to talk to American astronaut Jasmin Moghbeli aboard the International Space Station via amateur radio. This seven-minute conversation was part of the ARISS program (Amateur Radio on the International Space Station). Using ham radio technology provided by the North Fulton Amateur Radio League, students were able to ask Moghbeli questions while she orbited above. The event included performances by the school's chorus and dance team for parents in the audience. The ARISS program is seen as an educational and inspirational opportunity for students.
STORY 2: Cobb Legislators, County Officials Debate Speed Cameras
The Cobb County Commission has proposed changing Georgia law to expand the use of speed cameras beyond school zones. They also support funneling ticket revenue from such cameras into local law enforcement or public safety initiatives. Some officials questioned how the ticket revenue would be used and expressed concerns about overly punitive traffic enforcement. The proposal aims to address public safety concerns related to speeding, citing a significant number of felony traffic cases in the area. However, state lawmakers noted potential opposition, especially in rural areas, and expressed concerns about relying on fines for government funding. The debate on expanding speed cameras is ongoing.
STORY 3: Fire Chief Pitches Business Owners on Becoming "Smyrna Safe"
Smyrna has launched a pilot program called Smyrna Safe Business to enhance safety and disaster preparedness for local companies. Led by Smyrna Fire Chief Brian Marcos and Economic Development Director Andrea Worthy, the program offers six free training courses covering contingency planning, cybersecurity, hazard identification, workplace violence, first aid, and disaster preparedness. The first cohort of nine businesses will complete the training in November, earning recognition as "Smyrna Safe Businesses." The program aims to help businesses minimize risk and cater to the priorities of an evolving workforce, such as Generation Z, which places a high value on safety and preparedness.
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We’ll be right back
Break: ESOG – ELON – JRM (CRAFTS & DRAFTS) – THE MARKET
STORY 4: UGA to Offer State's First Ph.D. in Regenerative Bioscience
The University of Georgia is launching a Ph.D. program in regenerative bioscience, making it the first institution in Georgia to offer a formalized doctoral program in this field. The program, jointly administered by the Regenerative Bioscience Center and the College of Agricultural and Environmental Sciences, aims to nurture interdisciplinary research and entrepreneurial skills in regenerative medicine, focusing on areas such as biomanufacturing of cellular therapies, biomaterials for tissue engineering, gene therapy, biomedical imaging, and biomedical computation. UGA expects to attract students from its undergraduate program in regenerative medicine to transition into the Ph.D. program upon completing their bachelor's degree requirements. The program also emphasizes entrepreneurship and technology commercialization training to prepare students for non-academic careers. This initiative aligns with Georgia's thriving biomedical industry, contributing to cutting-edge therapies and innovation.
STORY 5: Federal Judge Tosses Georgia Redistricting Maps; Kemp Calls Special Session
A federal judge has rejected the congressional and legislative redistricting maps drawn by Georgia's Republican-controlled General Assembly two years ago. The judge ordered new maps to be prepared in time for the next year's elections. Civil rights and voting rights groups argued that the original maps violated the federal Voting Rights Act by denying Black Georgians an equal opportunity to participate in the political process by electing candidates of their choice. The judge's ruling calls for five additional Black majority seats in the Georgia House and two additional Black majority state Senate seats to address this issue. Georgia's population growth over the last decade has been primarily due to an increase in minority residents.
We’ll be back in a moment
Break: TEDS - DAYCO – DRAKE – POWERS
STORY 6: Amazon earnings blast Street forecasts, but holiday sales outlook muted
Amazon reported better-than-expected third-quarter earnings driven by strong ad sales and cloud services growth. The company posted net income of $9.9 billion, or 94 cents per share, significantly beating estimates of 58 cents per share. Revenues increased 12.6% to $143.1 billion, surpassing expectations of $141.42 billion. Amazon Web Services (AWS) generated $23.1 billion in revenues, a 12% growth rate, and online sales improved by 6%. The company provided a muted sales forecast for the upcoming quarter, suggesting subdued consumer spending during the holiday season. CEO Andy Jassy noted strong performance across various segments, emphasizing the progress in the delivery network.
STORY 7: Why Google stock is tanking — and where it could go next
Alphabet, Google's parent company, saw its shares drop around 10% in one of its worst single-day declines. This decline followed strong earnings that included revenue of $76.69 billion for the third quarter, exceeding Street estimates and a growth of 11%. Google Cloud, reporting $8.41 billion in revenue, was slightly below analyst expectations. Microsoft's Azure cloud sector reported strong growth, further dampening investor sentiment towards Google's cloud business. However, analysts like Gene Munster suggest that the cloud competition is short-term, as Google's AI technology, Gemini, gets integrated, and Google leverages its search dominance for monetization. Some view the market's reaction as excessive.
Break: JRM (KENNESAW) – INGLES 1 – Henssler :60
Signoff-
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