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- The Neural Basis of Loss Aversion in Decision-Making Under Risk
Toward a cognitive neuroscience of decision under risk. Trepel C, Fox CR, Poldrack RA. Trepel C, et al.Flag as irrelevant FOX Daily update ⋅ June 12, 2020NEWS Fox News: Black deaths, stock market graphic was insensitiveLOS ANGELES (AP)—Fox News apologized Saturday for how it displayed a chart correlating the stock market's performance with the aftermath of the ...Flag as irrelevant Seattle officers face 'autonomous zone' crowd, say 911 response times have tripledFox News anchor Harris Faulkner joins Martha MacCallum on 'The Story' to discuss her interview with President Trump. Video shows protesters argued ...Trump blasts 'radical left' Dems in Seattle, says 'domestic terrorists' take hold of city - Fox NewsSeattle 'autonomous zone' has armed guards, local businesses being threatened with extortion ... - Fox NewsFlag as irrelevant Protests this past week have been largely peaceful, but Fox News continues to show old footage to ...With fewer and fewer new examples of full-blown unrest, the Capitol Hill Autonomous Zone in Seattle has taken center stage in Fox's coverage. Visit ...Flag as irrelevant Republicans pick Jacksonville as alternative convention siteThe announcement came a day after Fox News confirmed that the northeastern Florida city was seen by Republican officials as a “strong contender.”.Flag as irrelevant Tucker Carlson's Fox News Show Loses Disney & Other Advertisers Over George Floyd Killing ...Fox News did not respond to request for comment tonight on the ad exits. (UPDATE, 10 AM June 11: A Fox News spokesperson now says all national ...Flag as irrelevant Biden camp reportedly insisting economic advisers not publicly disclose roles, igniting concerns ...Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com. Joe Biden's Democratic presidential campaign is reportedly going ...Flag as irrelevant Why Fox Needed to Acquire Tubi to Compete in StreamingFox's deal to land Tubi wasn't officially closed until May, but it was announced in March and has helped set the tone for what has been a big year for ...Flag as irrelevant Cancel culture goes crazy, claiming classics, cartoons and the confederacyIn similar fashion, Paramount has canceled “Cops,” once a Fox show, after 32 seasons, and A&E is dropping “Live P.D.” Sometimes television ...Flag as irrelevant NY man brought homemade bombs into hospital, police allegeFox News Flash top headlines are here. Check out what's clicking on Foxnews.com. A 33-year-old man allegedly walked into a New York hospital ...Flag as irrelevant Trump vows he won't 'let Seattle be occupied by anarchists,' will 'straighten it out' if local leaders don'tFox News anchor Harris Faulkner joins Martha MacCallum on 'The Story' to discuss her interview with President Trump. President Trump told Fox News' ...Flag as irrelevant WEB Justin Lum Fox 10 on Twitter: "BREAKING: Grandmother of JJ Vallow confirms one set of human ...We are are still waiting for confirmation on the second set of human remains. But as you heard Rob Wood day - believed to be children. Very sad day.Flag as irrelevant Q13 FOX - Seattle leaders address Capitol Hill Autonomous ZoneQ13 FOX was live. 1 hr ·. Seattle Mayor Jenny Durkan and Chief Carmen Best are talking about the East Precinct and responding to Trump's tweets: ...Flag as irrelevant Efficacy of Transcranial Magnetic Stimulation Targets for Depression Is Related to Intrinsic ...Michael D Fox et al. Biol Psychiatry. 2012 . Free PMC article. Show details.Flag as irrelevant June 12, 2020 Read in Browser 
Thai seafood restaurateurs sentenced to nearly 1,500 years in prison for cheating public
The liberal media wants you to believe that Trump is destroying America.The Guardian headlines: “The United States is Broken as Hell.”The New York Post claims: “The American Dream May be Dead.”And The Wall Street Journal complains: “If you want the American Dream … you should try Sweden.”However, according to Paul Mampilly… the World’s No. 1-ranked investor … the liberals are wrong.Dead wrong.In a new controversial video interview, Paul steps forward and — using the government’s own data — reveals why Trump is fueling a major upgrade for America.And upgrade so big he calls it “America 2.0.”Latest News L.A. Councilmember Calls to Defund Police As Taxpayers Paid $100K For Her LAPD Security The very leaders and public figures who condemn the second amendment do so while simultaneously being protected by law e [...] Read More ‘Finishing Touches’ Being Put On As Many As 10 New Criminal Referrals in Russia Probe Read More Buffalo Teen Spends 10 Hours Cleaning Community After Protests, Receives FULL RIDE Scholarship Read More Flynn prosecution should end – lawyer makes weak arguments trying to keep baseless case alive Read More Breaking News ‘Racist’ DC Mayor Sued for ‘Black Lives Matter’ Si Fri, 12 Jun 2020 07:24:59 +0000 PatriotsNews Read More Trending Now Trump Warns He Will Take Back Seattle From ‘Ugly Anarchists’ if Mayor, Governor Don’t Act Read More N.J. Adopts Standards Peddling LGBTism, Climate Hysteria Read More Sir Dearlove Joins Anti-China Counter-Gang Operation – Veterans Today Read More TOGETHER WITHGood morning. Weekend. Now. Please.MARKETS
NASDAQ9,492.73- 5.27%S&P3,002.10- 5.89%DJIA25,128.17- 6.90%GOLD1,735.20+ 0.84%10-YR0.673%- 5.20 bpsOIL36.00- 9.09%*As of market close- Energy: We’ll survey the wreckage in the stock market in just a bit, but for now we’ll leave you with oil tumbling on fears that the economic rebound could take longer than anticipated.
- Jobless claims: It’s been the same story for a few weeks now. First-time unemployment claims decreased to 1.5 million last week, but that’s still an egregiously high number.
CORPORATE
Black Lives Matter Reckoning Reshuffles the C-Suite
Francis ScialabbaThe past week has brought one of the biggest shifts in corporate leadership since #MeToo. High-level executives have left their corner offices as complaints of mistreatment of black workers, and other troubling behavior, come to light in a newly charged environment around racial justice.No industry is safe from problematic execs
In media: You can now add “former” before the following people’s titles: Bon Appétit Editor in Chief Adam Rapoport, NYT Opinion Editor James Bennet, founder of the fashion site Man Repeller Leandra Medine, and Refinery29 Editor in Chief and cofounder Christene Barberich.In retail: Yael Aflalo, founder of the sustainable clothing brand Reformation, posted on Instagram that she had “failed” after a former general manager for the brand posted that women of color were “overlooked and undervalued.” Founder of stationery brand Ban.do Jen Gotch resigned as chief creative officer after acknowledging she was “guilty” of being racist.In fitness: When CrossFit dragged its dumbbells in releasing a statement supporting the protests, gyms began cutting their affiliations with the company. But it didn’t end there: CEO Greg Glassman posted offensive tweets about George Floyd, after which brand partners bailed and Glassman resigned.In coworking: Audrey Gelman, CEO of women-focused coworking business The Wing, announced her departure yesterday. Rumblings of a toxic culture for women of color had been growing since March—then lockdown restrictions hammered revenue and forced mass layoffs.- In October, Gelman became the first visibly pregnant woman to cover a business magazine when she appeared on Inc.’s cover.
This is Major Challenge No. 2 in a matter of months
“Just like businesses have to change their realities following COVID-19, they have to do the very same in the era of Black Lives Matter,” writes Marker.Bottom line: In many of these instances, the alleged problems weren’t just about toxic behavior, they were about hypocrisy. Companies like Refinery29, Reformation, and The Wing talked a big game about supporting people of color, but employees said that didn’t extend to their internal policies.MARKETS
Investors This Week
GiphyAll the Buzz Killingtons who predicted the recent stock market rally was a charade were proven correct yesterday, as the Dow took its biggest tumble since March and the broader market sold off in epic fashion.What happened: We wrote earlier this week that when individual investors send shares of bankrupt companies skyrocketing 100%+ in a single day...it’s a worrying sign for valuations.But yesterday’s sell-off may reflect deeper worries that spiking COVID-19 cases in some U.S. states will derail the economy’s rebound.- Florida, one of the earlier states to partially reopen its economy last month, reported a record-high 1,698 new coronavirus cases yesterday. Huge states such as California and Texas also have rising caseloads.
- In his remarks Wednesday, Fed Chair Jerome Powell dashed hopes that a V-shaped recovery was possible.
Bottom line: The market tumble + a higher number of cases indicate early reopenings may have taken the economy two steps forward, 1.5 steps back.REOPENING
June Waits Bring July Dates
Despite investors' heebie-jeebies, many companies are still targeting July as the month they'll pick up where they left off in March.Sports: On July 8, Major League Soccer will return with a World Cup-style tournament. The NBA also expects to resume in Orlando, likely on July 30.Entertainment: In its earnings report Tuesday, AMC said it plans to reopen 97% of its theaters in July after suffering a $2.2 billion net loss in Q1. Disneyland in California is slated to reopen July 17, but there’s a petition to delay it over health risks.Auto: Ford plans to bring its plants back to pre-pandemic production rates by July 6. Many U.S. carmakers resumed operations May 18, but at partial capacity.Also happening in July...
Pharma: Johnson & Johnson will begin testing its coronavirus vaccine on people, and Moderna will conduct the final-stage clinical trial of its version.The big question: Will new waves of COVID-19 infections disrupt any of these plans? Treasury Secretary Steven Mnuchin told CNBC yesterday, "We can’t shut down the economy again."SPONSORED BY ELECTRIC
Time Is Money a Home Security Camera
Attention: If you can make IT decisions for your company—and if your company has between 20 and 2,000 employees—Electric has a deal for you.You take a short meeting with them. Then they give you a super nice home security camera—for free.But here’s the real deal. Electric is the IT solution that protects your company from security threats, enables remote work at half the cost, and provides full visibility into your IT infrastructure.They’ll bring peace of mind to your office and your home. At work, your company devices and data will be secure, and your stuff will function like it should. On the home front, you’ll have that free security camera.If this was a prominent game show whose title features the word “deal,” we would now say, “We’ll take that deal.” (We can’t say the actual name of the show, because their lawyers are as aggressive as their host is fastidious.)For the best IT and a free home security camera, get to know Electric.SOCIAL
Snapplay Has a Good Ring to It
SnapAt a virtual partner summit yesterday, Snap redug its trenches in the mobile app battlefield. Will those moves be enough to put it back in Kylie’s good graces?Entertainment: Snap announced expanded deals for short-form content with Disney, ViacomCBS, NBCUniversal, the NBA, and the NFL.- Snap reaches more U.S. consumers ages 13–34 than Facebook or Instagram—making it attractive to organizations like the NFL that want to hook young fans.
Gaming: 100+ million users have played Snap’s in-app games since last year’s launch. Snap is now partnering with game developer Zynga for multiplayer games.Integrations: Yesterday’s really interesting announcement was “Minis,” a developer platform that lets third parties run applications in Snap’s app. Users can coordinate Coachella plans with friends, buy movie tickets, or meditate together.- Sound familiar? Chinese superapp WeChat hooked over 1+ billion users with a combination of social and payment features.
+ While we’re here: CEO Evan Spiegel defended his company’s decision to stop promoting President Trump’s account in its Discover page, saying Snap is "well within" its First Amendment rights.ENTERTAINMENT
Annnnnd...Action!
Despite rising COVID-19 cases, Los Angeles County is moving into stage three of its reopening plan. That means today, Hollywood studios can resume production on TV shows and movies.Here’s what will change for...
The cast: Actors might need to hit up Hermione and Ron for guidance on green-screen acting, because more sex and fight scenes will be filmed using CGI. There’ll be fewer close-contact scenes in general, too, which might be a more accurate representation of modern times anyway.The crew: Fewer days and shorter hours could become the norm, both to limit in-person interactions and boost immune systems. The switch could stress studios’ budgets and viewers’ patience between Fast and Furious installments.You: Live studio audiences are discouraged for now, meaning more laugh tracks and fewer chances to see SNL live. You also might see your first televised zits, since cast members will be DIY-ing their hair and makeup more often.Takeaway: All these changes + COVID-19 PPE + higher insurance premiums = more expensive budgets, according to Tyler Perry and other execs Variety spoke to.QUIZ
Gotta Quiz Myself I'm So Pretty
How closely did you read the Brew this week? There's only one way to find out: Take the Brew's weekly news quiz.WHAT ELSE IS BREWING
- Instacart raised $225 million at a $13.7 billion valuation following a surge in business from coronavirus lockdowns.
- New apartment leases in Manhattan tanked 62% in May.
- Joe Biden, the presumptive Democratic candidate for president, called on Facebook to crack down on misinformation ahead of the election.
- Apple is launching a $100 million Racial Equity and Justice Initiative.
- Sony unveiled its new PS5 console and a lineup of big-name games yesterday.
SPONSORED BY WEWORK
The world is changing—your office should too. We’ve once again teamed up with WeWork to discuss how to navigate the new future of work. In the second installment of our guide, we’re talking about the need for flexibility in the workplace. To help you create a workspace designed around your team’s needs—from how and where they work to keeping company culture alive—our guide is worth your time. Read Part 2 of our guide here.BREW'S BETS
New movies: Spike Lee’s back with Da 5 Bloods, available now on Netflix. In the NYT’s words, the film’s here to tell you that “Black Lives Mattered in Vietnam, Too.” Pete Davidson also stars in The King of Staten Island, which is out today.Other recs for your Friday...- Watch: Ava DuVernay’s When They See Us on Netflix
- Read: Texas Monthly’s BBQ coverage
- Listen: The "Zona Indie" playlist on Spotify
All those recommendations come from The Essentials, our 3x/week newsletter helping to keep you sane during these crazy times. You can get curated tips sent straight to your inbox by signing up here.FROM THE CREW
With all 50 states at least partially open for business, we asked our readers what kinds of activities they’ve been up to in the past two weeks. Here’s what we found:- 38% of readers have eaten out at a restaurant (not takeout or delivery)
- 19% have worked in a group office setting
- 30% have shopped at a nonessential retailer or a mall
- 33% got a haircut from a professional
- 52% have attended a gathering of 5+ people
June 12, 2020 Read in Browser
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