1 00:00:00,000 --> 00:00:06,960 Good morning and a warm welcome to your show, Sunny Mornings in Encinitas. 2 00:00:06,960 --> 00:00:11,600 I'm your host Melissa and it's Wednesday, June 5th. 3 00:00:11,600 --> 00:00:16,440 Coming up on today's show, we'll get into the surf report and the weather outlook, then 4 00:00:16,440 --> 00:00:21,680 we'll jump into some local news and a few interesting happenings in business, science 5 00:00:21,680 --> 00:00:23,920 and entertainment. 6 00:00:23,920 --> 00:00:31,560 First, you'll be interested to know 91 years ago, today in 1933, the United States 7 00:00:31,560 --> 00:00:37,040 abandoned the gold standard, a system where currency is backed by gold. 8 00:00:37,040 --> 00:00:42,560 This move came after Congress nullified creditors' rights to demand gold payments. 9 00:00:42,560 --> 00:00:47,000 The decision followed bank failures during the Great Depression, leading to public gold 10 00:00:47,000 --> 00:00:48,600 hoarding. 11 00:00:48,600 --> 00:00:53,880 Shortly after taking office, President Roosevelt enacted measures to prevent bank runs and 12 00:00:53,880 --> 00:00:56,560 halted gold payments. 13 00:00:56,560 --> 00:01:02,600 These actions aim to combat the economic downturn by inflating the money supply, drawing inspiration 14 00:01:02,600 --> 00:01:07,760 from Britain's earlier move off the gold standard in 1931. 15 00:01:07,760 --> 00:01:09,640 So now you know. 16 00:01:09,640 --> 00:01:11,840 And now you know what time it is. 17 00:01:11,840 --> 00:01:17,560 It's time for the surf report. 18 00:01:17,560 --> 00:01:23,640 Expect a playful mix of swells on Wednesday, with thigh-to-waist high waves at average breaks 19 00:01:23,640 --> 00:01:29,040 and chest-high waves at combo and windswell focal points. 20 00:01:29,040 --> 00:01:35,040 The best combo and summer exposures in South County San Diego will see occasional peaks 21 00:01:35,040 --> 00:01:37,520 pushing near head-high. 22 00:01:37,520 --> 00:01:43,840 A weak coastal eddy lingers through the middle of the week with variable to light wind early, 23 00:01:43,840 --> 00:01:47,640 Wednesday in Encinitas and North County. 24 00:01:47,640 --> 00:01:52,560 It's looking fair at 2 to 4 feet most of the day with some cleaner conditions for your 25 00:01:52,560 --> 00:01:54,840 sunset session. 26 00:01:54,840 --> 00:02:01,680 Best time to ride is at 7 a.m. with a one-and-a-half foot incoming tide when the South Southwest 27 00:02:01,680 --> 00:02:08,960 swell is 2 feet at 16 seconds and the onshore wind is 4 mile per hour. 28 00:02:08,960 --> 00:02:14,840 The first high tide Wednesday will be 4 feet just after 10, with a 2-foot low tide just 29 00:02:14,840 --> 00:02:15,840 before 2.30. 30 00:02:15,840 --> 00:02:25,280 The new shore gooey at Scripps in La Jolla reads 64 degrees for the water temperature. 31 00:02:25,280 --> 00:02:29,160 Checking out the weather in the Encinitas area. 32 00:02:29,160 --> 00:02:35,880 This morning it's cloudy and feels like 62 degrees with 2 mile per hour wind. 33 00:02:35,880 --> 00:02:42,240 The sunset will take place at 7.54 and it will rise again tomorrow at 5.40. 34 00:02:42,240 --> 00:02:47,080 It looks like we're in for some patchy fog before 11 a.m. 35 00:02:47,080 --> 00:02:53,540 Otherwise cloudy, then gradually becoming mostly sunny with a high near 66 and wind 36 00:02:53,540 --> 00:02:56,720 of 5 to 10 mile per hour. 37 00:02:56,720 --> 00:03:03,600 Tonight it'll be mostly cloudy with a low around 62. 38 00:03:03,600 --> 00:03:05,840 Looking ahead in the weather. 39 00:03:05,840 --> 00:03:12,680 Thursday will be mostly cloudy with a high near 67 after morning fog clears. 40 00:03:12,680 --> 00:03:19,760 Friday will be cloudy in the morning clearing up to mostly sunny with a high near 67. 41 00:03:19,760 --> 00:03:24,040 This weekend will be mostly sunny with highs around 67. 42 00:03:24,040 --> 00:03:30,200 And Sunday will be cloudy in the morning clearing up to mostly sunny with a high near 66. 43 00:03:30,200 --> 00:03:33,800 Bonjour, food enthusiasts! 44 00:03:33,800 --> 00:03:39,520 This podcast is brought to you by Versailles Cafe and Pastries in Encinitas. 45 00:03:39,520 --> 00:03:45,920 Nestled on El Camino Real South, just north of Encinitas Boulevard, this cafe is a haven 46 00:03:45,920 --> 00:03:48,720 for culinary delights. 47 00:03:48,720 --> 00:03:54,240 Indulge in their amazing Eggs Benedict or their gluten-free crepes. 48 00:03:54,240 --> 00:03:59,040 You can grab a panini for lunch or just breeze on through to get your morning coffee. 49 00:03:59,040 --> 00:04:03,000 They are open every day from 8 to 5. 50 00:04:03,000 --> 00:04:06,440 So stop on by and don't forget to tell them. 51 00:04:06,440 --> 00:04:09,800 Sunny mornings send you. 52 00:04:09,800 --> 00:04:17,080 In local news, San Diego gene sequencing giant Illumina will spin off early cancer-detecting 53 00:04:17,080 --> 00:04:24,480 startup Grail for the second time after a failed $7 billion acquisition. 54 00:04:24,480 --> 00:04:30,840 The Illumina's board approved the move, effective June 24, with Grail trading on the NASDAQ under 55 00:04:30,840 --> 00:04:32,800 GRAL. 56 00:04:32,800 --> 00:04:37,940 The acquisition faced antitrust challenges from U.S. and European regulators, leading 57 00:04:37,940 --> 00:04:43,360 to a proxy fight and the resignation of Illumina's CEO. 58 00:04:43,360 --> 00:04:54,220 Illumina shareholders will receive one GRAIL share for every six Illumina shares. 59 00:04:54,220 --> 00:04:56,360 Now on to sports. 60 00:04:56,360 --> 00:05:02,000 Christian Nkafri signed a two-year extension with the 49ers, making him the highest-paid 61 00:05:02,000 --> 00:05:03,720 running back through 2027. 62 00:05:03,720 --> 00:05:10,540 At a press conference, Nkafri expressed his excitement about staying with the team and 63 00:05:10,540 --> 00:05:13,880 highlighted the broader impact of his deal. 64 00:05:13,880 --> 00:05:19,040 He emphasized the importance of valuing running backs, hoping this contract sets a new standard 65 00:05:19,040 --> 00:05:21,320 for their compensation. 66 00:05:21,320 --> 00:05:25,880 While the full impact remains to be seen, Nkafri's extension could influence future 67 00:05:25,880 --> 00:05:31,920 contracts for other running backs, benefiting the position lead-wide. 68 00:05:31,920 --> 00:05:40,240 Last night in local sports, the Padres on the road lost to the Angels 4-2. 69 00:05:40,240 --> 00:05:45,440 And tonight, it's the final game of the series before they head home to play Arizona. 70 00:05:45,440 --> 00:05:54,840 In top news, the FBI, known more for law enforcement than entrepreneurship, actually ran its own 71 00:05:54,840 --> 00:06:00,860 cell phone company called Anom as part of a massive sting operation called Operation 72 00:06:00,860 --> 00:06:03,120 Trojan Shield. 73 00:06:03,120 --> 00:06:08,360 For three years, Anom's encrypted phones were used by criminals who unknowingly had 74 00:06:08,360 --> 00:06:11,680 their messages read by the FBI. 75 00:06:11,680 --> 00:06:17,360 This operation led to over 500 arrests in 2021. 76 00:06:17,360 --> 00:06:24,120 Journalist Joseph Cox's book, Darkwire, details this unprecedented operation, which Netflix 77 00:06:24,120 --> 00:06:26,080 is adapting. 78 00:06:26,080 --> 00:06:31,760 The sting has raised significant concerns about the security of encrypted communications 79 00:06:31,760 --> 00:06:36,040 and the potential for similar future operations. 80 00:06:36,040 --> 00:06:42,280 In business news, on June 3, a data glitch caused Warren Buffett's Berkshire Hathaway 81 00:06:42,280 --> 00:06:52,640 shares to plummet to $185 each, a 99% discount from over $620,000. 82 00:06:52,640 --> 00:06:56,720 Those who bought these shares at the rock-bottom price will have their trades canceled by 83 00:06:56,720 --> 00:06:59,360 the New York Stock Exchange. 84 00:06:59,360 --> 00:07:04,920 The issue linked to a problem at Consolidated Tape Association lasted about an hour and 85 00:07:04,920 --> 00:07:06,960 a half. 86 00:07:06,960 --> 00:07:12,320 Other impacted stocks include Chipotle, Barrick Gold, and GameStop. 87 00:07:12,320 --> 00:07:20,280 Despite the glitch, Berkshire Hathaway shares closed at over $631,000, unaffected by the 88 00:07:20,280 --> 00:07:21,280 error. 89 00:07:21,280 --> 00:07:25,160 Well, it sounds like someone was affected by the error. 90 00:07:25,160 --> 00:07:30,720 In crypto movement, Bitcoin is just under $71,000. 91 00:07:30,720 --> 00:07:34,320 Ethereum is nearing $3,800. 92 00:07:34,320 --> 00:07:39,760 And Solana is $173. 93 00:07:39,760 --> 00:07:43,440 Moving on to a more local vibe. 94 00:07:43,440 --> 00:07:49,380 In our community spotlight on health and wellness, we are working with a national Pilates studio 95 00:07:49,380 --> 00:07:53,720 to bring you some free classes, so listen up. 96 00:07:53,720 --> 00:07:59,000 Check out Club Pilates with several locations in the San Diego area. 97 00:07:59,000 --> 00:08:04,760 Pilates presents a comprehensive wellness approach, cultivating strength, reducing tension, 98 00:08:04,760 --> 00:08:08,240 and elevating mental well-being. 99 00:08:08,240 --> 00:08:11,560 Scientific research affirms its benefits. 100 00:08:11,560 --> 00:08:17,840 So now you can check out Club Pilates for a free class with locations in Encinitas, 101 00:08:17,840 --> 00:08:23,120 Solana Beach, Oceanside, La Jolla, and more. 102 00:08:23,120 --> 00:08:27,240 Just be sure to tell them Sunny Morning sent you by. 103 00:08:27,240 --> 00:08:30,920 And now back to the show. 104 00:08:30,920 --> 00:08:33,000 Let's talk science. 105 00:08:33,000 --> 00:08:40,800 On Tuesday, FDA advisors overwhelmingly voted against approving MDMA for PTSD therapy, citing 106 00:08:40,800 --> 00:08:43,440 numerous trial flaws. 107 00:08:43,440 --> 00:08:49,000 Despite initial positive results, experts found significant issues, including unblinded 108 00:08:49,000 --> 00:08:56,200 trials and missing data on MDMA's biological and cardiovascular effects. 109 00:08:56,200 --> 00:09:00,960 Concerns were also raised about the psychotherapy technique used, linked to dubious new age 110 00:09:00,960 --> 00:09:03,080 practices. 111 00:09:03,080 --> 00:09:08,480 Accusations of data manipulation further tainted the trial's validity. 112 00:09:08,480 --> 00:09:13,600 While the FDA often follows its advisors' recommendations, it will make its final decision 113 00:09:13,600 --> 00:09:18,840 after completing its investigation into these allegations. 114 00:09:18,840 --> 00:09:26,800 And in entertainment news, Elizabeth Warren criticizes Ticketmaster and Live Nation for 115 00:09:26,800 --> 00:09:32,480 monopolistic practices that harm artists, venues, and consumers. 116 00:09:32,480 --> 00:09:39,040 The DFJ's antitrust lawsuit highlights how the 2009 merger created a powerful entity 117 00:09:39,040 --> 00:09:44,600 controlling most U.S. concert promotions and ticket sales, leading to exorbitant fees and 118 00:09:44,600 --> 00:09:47,260 limited competition. 119 00:09:47,260 --> 00:09:52,280 The lawsuit aims to break up the monopoly, restoring competition, and potentially lowering 120 00:09:52,280 --> 00:09:54,320 ticket prices. 121 00:09:54,320 --> 00:09:59,640 Despite facing legal action, Ticketmaster is heavily lobbying Congress to maintain its 122 00:09:59,640 --> 00:10:01,440 dominance. 123 00:10:01,440 --> 00:10:06,720 This move could significantly impact the live entertainment industry, fostering more equitable 124 00:10:06,720 --> 00:10:10,560 practices and better experiences for audiences. 125 00:10:10,560 --> 00:10:16,600 Well, alrighty folks, it's time for the quote of the day. 126 00:10:16,600 --> 00:10:23,680 And today, our quote comes from the 32nd President of the United States, Franklin D. Roosevelt. 127 00:10:23,680 --> 00:10:24,680 He said, 128 00:10:24,680 --> 00:10:52,840 In politics, nothing happens by accident.