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Trailblazing ‘Star Trek’ actress Nichelle Nichols is dead at 89. She broke barriers in film and helped NASA recruit women and minorities

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Trailblazing 'Star Trek' actress Nichelle Nichols is dead at 89. She broke barriers in film and helped NASA recruit women and minorities

Nichelle Nichols, who broke barriers for Black women in Hollywood when she played communications officer Lt. Uhura on the original “Star Trek” television series, has died at the age of 89.

Her son Kyle Johnson said Nichols died Saturday in Silver City, New Mexico.

“Last night, my mother, Nichelle Nichols, succumbed to natural causes and passed away. Her light however, like the ancient galaxies now being seen for the first time, will remain for us and future generations to enjoy, learn from, and draw inspiration,” Johnson wrote on her official Facebook page Sunday. “Hers was a life well lived and as such a model for us all.”

Her role in the 1966-69 series as Lt. Uhura earned Nichols a lifelong position of honor with the series’ rabid fans, known as Trekkers and Trekkies. It also earned her accolades for breaking stereotypes that had limited Black women to acting roles as servants and included an interracial onscreen kiss with co-star William Shatner that was unheard of at the time.

“I shall have more to say about the trailblazing, incomparable Nichelle Nichols, who shared the bridge with us as Lt. Uhura of the USS Enterprise, and who passed today at age 89,” George Takei wrote on Twitter. “For today, my heart is heavy, my eyes shining like the stars you now rest among, my dearest friend.”

Like other original cast members, Nichols also appeared in six big-screen spinoffs starting in 1979 with “Star Trek: The Motion Picture” and frequented “Star Trek” fan conventions. She also served for many years as a NASA recruiter, helping bring minorities and women into the astronaut corps.

More recently, she had a recurring role on television’s “Heroes,” playing the great-aunt of a young boy with mystical powers.

The original “Star Trek” premiered on NBC on Sept. 8, 1966. Its multicultural, multiracial cast was creator Gene Roddenberry’s message to viewers that in the far-off future—the 23rd century—human diversity would be fully accepted.

“I think many people took it into their hearts … that what was being said on TV at that time was a reason to celebrate,” Nichols said in 1992 when a “Star Trek” exhibit was on view at the Smithsonian Institution.

She often recalled how Martin Luther King Jr. was a fan of the show and praised her role. She met him at a civil rights gathering in 1967, at a time when she had decided not to return for the show’s second season.

“When I told him I was going to miss my co-stars and I was leaving the show, he became very serious and said, ‘You cannot do that,’” she told The Tulsa (Okla.) World in a 2008 interview.

“’You’ve changed the face of television forever, and therefore, you’ve changed the minds of people,’” she said the civil rights leader told her.

“That foresight Dr. King had was a lightning bolt in my life,” Nichols said.

During the show’s third season, Nichols’ character and Shatner’s Capt. James Kirk shared what was described as the first interracial kiss to be broadcast on a U.S. television series. In the episode, “Plato’s Stepchildren,” their characters, who always maintained a platonic relationship, were forced into the kiss by aliens who were controlling their actions.

The kiss “suggested that there was a future where these issues were not such a big deal,” Eric Deggans, a television critic for National Public Radio, told The Associated Press in 2018. “The characters themselves were not freaking out because a Black woman was kissing a white man. … In this utopian-like future, we solved this issue. We’re beyond it. That was a wonderful message to send.”

Worried about reaction from Southern television stations, showrunners wanted to film a second take of the scene where the kiss happened off-screen. But Nichols said in her book, “Beyond Uhura: Star Trek and Other Memories,” that she and Shatner deliberately flubbed lines to force the original take to be used.

Despite concerns, the episode aired without blowback. In fact, it got the most “fan mail that Paramount had ever gotten on Star Trek for one episode,” Nichols said in a 2010 interview with the Archive of American Television.

Born Grace Dell Nichols in Robbins, Ill., Nichols hated being called “Gracie,” which everyone insisted on, she said in the 2010 interview. When she was a teen her mother told her she had wanted to name her Michelle, but thought she ought to have alliterative initials like Marilyn Monroe, whom Nichols loved. Hence, “Nichelle.”

Nichols first worked professionally as a singer and dancer in Chicago at age 14, moving on to New York nightclubs and working for a time with the Duke Ellington and Lionel Hampton bands before coming to Hollywood for her film debut in 1959’s “Porgy and Bess,” the first of several small film and TV roles that led up to her “Star Trek” stardom.

Nichols was known as being unafraid to stand up to Shatner on the set when others complained that he was stealing scenes and camera time. They later learned she had a strong supporter in the show’s creator.

In her 1994 book, “Beyond Uhura,” she said she met Roddenberry when she guest starred on his show “The Lieutenant,” and the two had an affair a couple of years before “Star Trek” began. The two remained lifelong close friends.

Another fan of Nichols and the show was future astronaut Mae Jemison, who became the first black woman in space when she flew aboard the shuttle Endeavour in 1992.

In an AP interview before her flight, Jemison said she watched Nichols on “Star Trek” all the time, adding she loved the show. Jemison eventually got to meet Nichols.

Nichols was a regular at “Star Trek” conventions and events into her 80s, but her schedule became limited starting in 2018 when her son announced that she was suffering from advanced dementia.

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Coinbase’s near-term outlook is ‘still grim’, JPMorgan says, while BofA is more positive about firm’s ability to face crypto winter

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Coinbase's near-term outlook is 'still grim', JPMorgan says, while BofA is more positive about firm's ability to face crypto winter

Coinbase is well positioned to successfully navigate this crypto winter and take market share, Bank of America said in a research report Tuesday. It maintained its buy recommendation following the exchange’s second-quarter results.

The results warrant “a muted stock reaction,” the report said. Net revenue of $803 million was below the bank’s and consensus estimates, while its adjusted $151 million loss before interest, tax, depreciation and amortization was better than the street expected. Importantly, the company remains “cautiously optimistic” it can reach its goal of no more than $500 million of adjusted EBITDA loss for the full year, the report added.

Coinbase shares fell almost 8% in premarket trading to $80.74.

Bank of America notes that Coinbase had no counterparty exposure to the crypto insolvencies witnessed in the second quarter. The company also has a “history of no credit losses from financing activities, holds customer assets 1:1, and any lending activity of customer crypto is at the discretion of the customer, with 100%+ collateral required.” These rigorous risk-management practices will be a “positive long-term differentiator” for the stock, the bank said.

JPMorgan said Coinbase had endured another challenging quarter, while noting some positives.

Trading volume and revenue were down materially. Subscription revenue was also lower, but would have been much worse were it not for higher interest rates, it said in a research report Wednesday.

The company is taking steps on expense management, and in addition to the June headcount reductions, is scaling back marketing and pausing some product investments, the note said.

The bank says the company’s near-term outlook is “still grim,” noting that the exchange expects a continued decline in 3Q 2022 monthly transacting users (MTUs) and trading volumes, but says Coinbase could take more “cost actions” if crypto prices fall further.

JPMorgan is less optimistic than Bank of America about the company in the near term, saying pressure on revenue from falling crypto markets will have a negative impact on the stock price. Still, it sees positives including higher interest rates, from which the firm will generate revenue. It also sees opportunities for the exchange to grow its user base, leveraging almost $6 billion of cash. The surge in crypto prices in July, and the forthcoming Ethereum Merge are also seen as positive catalysts, it added.

The bank maintained its neutral rating on the stock and raised its price target to $64 from $61.

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Elon Musk sold $6.9B in Tesla stock in case he’s forced to buy Twitter

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Elon Musk sold $6.9B in Tesla stock in case he's forced to buy Twitter

Elon Musk sold $6.9 billion of his shares in Tesla Inc., the billionaire’s biggest sale on record, saying he needed cash in case he is forced to go ahead with his aborted deal to buy Twitter Inc.

“In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,” Musk tweeted late Tuesday after the sales were disclosed in a series of regulatory filings. 

Asked by followers if he was done selling and would buy Tesla stock again if the $44 billion deal doesn’t close, Musk responded: “Yes.”

Tesla’s chief executive officer offloaded about 7.92 million shares on Aug. 5, according to the new filings. The sale comes just four months after the world’s richest person said he had no further plans to sell Tesla shares after disposing of $8.5 billion of stock in the wake of his initial offer to buy Twitter.  

Musk last month said he was terminating the agreement to buy the social network where he has more than 102 million followers and take it private, claiming the company has made “misleading representations” over the number of spam bots on the service. Twitter has since sued to force Musk to consummate the deal, and a trial in the Delaware Chancery Court has been set for October. 

In May, Musk dropped plans to partially fund the purchase with a margin loan tied to his Tesla stake and increased the size of the equity component of the deal to $33.5 billion. He had previously announced that he secured $7.1 billion of equity commitments from investors including billionaire Larry Ellison, Sequoia Capital, and Binance. 

“I’ll put the odds at 75% that he’s buying Twitter. I’m shocked,” said Gene Munster, a former technology analyst who’s now a managing partner at venture-capital firm Loup Ventures. “This is going to be a headwind for Tesla in the near term. In the long term, all that matters is deliveries and gross margin.”

At the weekend, Musk tweeted that if Twitter provided its method of sampling accounts to determine the number of bots and how they are confirmed to be real, “the deal should proceed on original terms.” 

Musk, 51, has now sold around $32 billion worth of stock in Tesla over the past 10 months. The disposals started in November after Musk, a prolific Twitter user, polled users of the platform on whether he should trim his stake. The purpose of the latest sales wasn’t immediately clear.  

Tesla shares have risen about 35% from recent lows reached in May, though are still down about 20% this year. 

With a $250.2 billion fortune, Musk is the world’s richest person, according to the Bloomberg Billionaires Index, but his wealth has fallen around $20 billion this year as Tesla shares declined.    

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The rent is too d*mn high for Gen Z: Younger generations are ‘squeezed the most’ by higher rents, BofA says

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The rent is too d*mn high for Gen Z: Younger generations are 'squeezed the most' by higher rents, BofA says

Most of Gen Z is too young to remember the 2010 New York gubernatorial candidate Jimmy McMillan.

But over a decade later, they would probably agree with his signature issue (and catchphrase): the rent is too damn high.

This July, median rent payments were 7.4% higher than during the same period last year, according to a Bank of America report released Tuesday. 

The national median price for a one-bedroom apartment has been hitting new highs nearly every month this summer. It was $1,450 for July, according to rental platform Zumper. In the country’s largest city, New York, average rent exceeded a shocking $5,000 a month for the first time ever in June. 

But inflation in the rental market hasn’t hit each generation equally, and no one is getting squeezed harder by the higher monthly payments as Gen Z. Those born after 1996 have seen their median rent payment go up 16% since last July, compared to just a 3% increase for Baby Boomers, BofA internal data shows. 
“Younger consumers are getting squeezed the most by higher rent inflation,” BofA wrote.

The great rent comeback

Early in the pandemic, landlords slashed rents and gave significant COVID discounts to entice tenants to stay instead of leaving urban areas. Once those deals started expiring in 2021, many landlords suddenly raised payments once again, sometimes asking for over double their pandemic value. 

Young people across the board have been hit hard, and rent burdens compared to age can be seen even within a single generation. Younger millennials had their median rent payment grow 11% from last year, while the median payment for older millennials rose 7%. Gen X experienced a 5% median rent increase, according to BofA. 

It’s not a surprise, then, that Gen Z feels so strapped for cash. The majority of young people, 61%, said they want to receive their wages daily instead of twice a week, a practice typically reserved for workers living paycheck to paycheck, according to a report from the Center for Generational Kinetics, which specializes in research across the generations. Rising rent inflation has even priced nearly a third of Gen Zers out of the apartment search altogether. Around 29% of them have resorted to living at home as a “long-term housing solution,” according to a June survey from personal finance company Credit Karma.

It’s no wonder—the rent really is too high.

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