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Magnolia Mornings: January 2, 2024

Magnolia Mornings: January 2, 2024

By: Magnolia Tribune - January 2, 2024

Magnolia morning

Important state and national stories, market and business news, sports and entertainment, delivered in quick-hit fashion to start your day informed.

In Mississippi

Jackson CCID court temporarily blocked by Fifth Circuit Court of Appeals

After U.S. District Judge Henry Wingate ruled that the new Capitol Complex Improvement District (CCID) court and judicial appointments could move forward, the U.S. Fifth Circuit Court of Appeals granted a stay on behalf of the NAACP. The filing blocks the court from taking effect on January 1st.

The stay is in place until noon Friday, January 5th.

“The NAACP stands firm in our belief that this legislation is inherently undemocratic,” NAACP spokesperson Alicia Mercedes said in a statement Monday. “We will continue to do everything in our power to fight for Jackson residents’ rights to have control over their own institutions and live free from state-driven discrimination.”

National News & Foreign Policy

1. South Korea opposition leader stabbed in neck

South Korea’s opposition leader Lee Jae-myung was stabbed in the neck while speaking with reporters. According to the Democratic Party spokesman, he underwent vein reconstruction surgery for “suspected damage to his jugular vein.”

The attacker, a man in his sixties, was arrested on the scene.

Lee Jae-myung is a former provincial governor. He lost to South Korea’s President Yoon Suk Yeol of the conservative People Power Party in the presidential election in March 2022.

2. Earthquake triggers tsunami warning in Japan

A 7.5 earthquake struck Japan’s western coast, triggering aftershocks and tsunami warnings. Buildings collapsed and fires spread as dozens of citizens were left dead. Authorities are reporting 48 have been killed.

Japan’s Meteorological Agency has now lifted all tsunami advisories and emergency relief is working to assess the damage and rescue any persons trapped in the rubble.

Sports & Entertainment

1. Dart to return to Ole Miss

Fresh off of a leading the Ole Miss Rebels to the program’s first 11-win season with a convincing win over Penn State in the Peach Bowl, quarterback Jaxson Dart announced on social media New Year’s Day that he would be returning to the team for the 2024 season.

Dart finished the 2023 season with a 65% completion rate for roughly 3,400 yards, 23 passing touchdowns and 8 rushing touchdowns.

2. Michigan, Washington set to meet in CFB Championship

The Michigan Wolverines held off the Alabama Crimson Tide is overtime in the Rose Bowl on Monday, winning 27-20 and sending them to the National Championship game where they will meet the Washington Huskies.

The Huskies held back a late rally from the Texas Longhorns in the Sugar Bowl, also on Monday, winning 37-31.

The National Championship is set for Monday, January 8th on ESPN.

Markets & Business

Stock futures down to start New Year

CNBC reports early Tuesday morning that stock futures were lower for the first trading day of the new year.

“Futures on the Dow Jones Industrial Average were down 230 points, or 0.6%. S&P 500 futures shed 0.8% after the benchmark closed Friday just 0.6% from its 2022 record close. Nasdaq 100 futures lost 1.1%. Markets were closed Monday for New Year’s Day,” CNBC reported.

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.