Tuesday, July 27, 2021

BREW WITH EXTRA NEWS


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You can have a reasonable debate about the best quarterbacks or basketball players in history, but when it comes to Morning Brew giveaways there’s only one GOAT: the MacBook Pro.  

We’re going back to our roots and giving away 3 brand new MacBook Pros to Morning Brew readers. To be eligible, all you need to do is share the Brew with friends and you’ll be entered into the raffle.  

The giveaway runs through Thursday evening, so start sharing now.

MARKETS


Nasdaq

14,840.71

S&P

4,422.30

Dow

35,144.31

Bitcoin

$37,448.99

10-Year

1.297%

Live Nation

$82.18

*Stock data as of market close, cryptocurrency data as of 6:00pm ET. Here's what these numbers mean.

  • Markets: Propelled by travel and leisure companies, stocks closed at another record ahead of the biggest earnings day of the quarter. Alphabet, Apple, and Microsoft, collectively worth $6.5 trillion, will report this afternoon.
  • Covid: Can we interest you in some good news about Delta? The UK reported its lowest number of new coronavirus cases since July 4 yesterday. After six straight days of declining cases, experts think Britain could be past the peak of its latest wave.

COVID

Momentum Mounting After Monday’s Mandate Madness

Old time card punch machine punching in vaccine card

In the infamous words of Mortal Kombat’s Shang Tsung, it has begun. Vaccine mandates came in fast and furious yesterday as New York City, California, and the Department of Veterans Affairs introduced a choice for employees: join the Moderna Squad or start polishing your resume.

The White House has no plans to introduce vaccine mandates or passports, so it’s been up to cities, states, and private companies to set vaccine requirements. And after lotteries, a plea from Olivia Rodrigo, and countless other encouragements, some leaders are going from good cop to bad cop as the country faces a Delta-led surge.

  • A little over a month after fully reopening the city, NYC Mayor Bill de Blasio said yesterday that all Gotham workers (about 340,000 employees) need to be vaccinated or agree to weekly testing by September 13. Covid cases in the city have grown to 800+ per day.
  • California Gov. Gavin Newsom quote-tweeted de Blasio’s announcement and said the state will require all 246,000 public employees to get vaxxed or schedule a weekly test date. Slightly over 64% of the state’s residents are partially vaccinated.
  • The Department of Veterans Affairs became the first federal agency to require Covid-19 vaccines for its 115,000 healthcare employees yesterday.

American Mandate Association

Even before those announcements, 57 influential medical groups published a letter urging employers to require Covid vaccines for all healthcare personnel.

  • While health workers were ushered to the front of the vaccine line as early as December 2020, many did not take advantage of the early access. For example, only 59% of nursing home staff in the US are fully vaxxed, per the CDC.

Bottom line: The FDA hasn’t yet granted full approval for any of the shots, so most companies and government departments hesitated on injection injunctions to avoid legal pushback. That could change now that the mandate floodgates have opened.

        

Despite facing supply chain challenges “like the toilet paper shortage, but at epic scale”—in Elon Musk’s words—Tesla scored record profit, revenue, and deliveries last quarter.

Key takeaways

  • Tesla earned $12 billion in revenue, nearly double last year, and profits topped $1 billion for the first time.
  • How’s the $1.5 billion investment in bitcoin going? The company reported a $23 million “impairment” related to its bitcoin holdings.
  • Due to limited battery cell availability, the company has delayed the launch of Semi, its long-haul truck, to 2022.

While Tesla's quarter was super impressive, anxious investors have focused more on growing competition in the EV industry and increased regulatory scrutiny in China, which is a key market for Tesla. The company’s stock is down nearly 10% this year compared to GM's 38% gain.

EV vibe check: patio szn. Sales of electric vehicles in the US more than doubled in the first half of 2021 compared to last year. Lucid Motors started trading publicly yesterday in the industry's biggest SPAC deal. And Lordstown Motors, which makes electric pickup trucks, raised $400 million in much-needed capital.

        

EDUCATION

China Tells Tutoring Sector to Do Some Homework

For all you students who’ve complained about after-school tutoring...the Chinese government agrees with you. 

Chinese authorities demanded the country's private education sector reduce workloads for students and ordered the overhaul of an industry “hijacked by capital.” 

The details: Chinese authorities released a set of regulations over the weekend that would ban companies that teach core school subjects from earning profits, seeking IPOs, or raising money from foreign investors.

Why it matters: China’s education technology sector has ballooned to $100 billion, with about 70% of K-12 students enrolled in after-school tutoring programs in major cities. The government’s announcement gave the burning-hot industry an ice bath:

  • New Oriental, one of China’s biggest private education companies, has plunged nearly 70% since last Thursday.
  • Larry Chen, the online education mogul who leads the firm Gaotu Techedu, has lost $15 billion in wealth since January as his company’s shares deteriorated.

Bottom line: China’s recent crackdown on its tech and education industries has caused a historic stock market wipeout. Chinese companies listed in the US suffered their biggest two-day drop since 2008. 

        

SPONSORED BY WEBEX BY CISCO

Don’t Let Hybrid Work Hold You Back

Webex by Cisco

There’s fast-paced work environments, and then there’s the blazing-around-a-track-at-200-MPH kind of work environments. 

While most of us can’t say our jobs move at the same speed as the McLaren Formula 1 team, there is one thing we do share in common: Hybrid work is here to stay.

McLaren counts on Webex to help keep their foot on the gas in this new hybrid work reality, ensuring real-time communication and seamless collaboration on and off the track.

It’s all made possible with the Webex Suite—a unified experience for calling, meeting, messaging, events, and polling. In other words, you can shift gears about as fast as Lando right up there.

Learn more about how the Webex Suite is driving hybrid work.

GRAB BAG

Key Performance Indicators

A kid in a movie saying

Giphy

Stat: Uber has saved many lives that would’ve been lost to drunk driving, according to a new study based on internal Uber data. Ride-sharing has decreased alcohol-related US traffic fatalities by 6.1% and reduced overall US traffic deaths by 4%. 

Quote: “If you look at cryptocurrencies as a whole, it is a pure trading instrument. There is no inherent worth in it whatsoever. It is a tulip bulb.”

That’s how the CEO of Man Group, the world’s largest listed hedge fund manager, described the firm’s approach to crypto to the Financial Times. But here’s the funny part—Man Group trades crypto for its clients, because, hey, you can make money. Per the FT, that dynamic highlights the “irony of today’s trade in cryptocurrencies: Much of the market action involves participants who doubt their ultimate utility.”

Watch: Fax machines are more clever than you might think. (The Secret Life of Machines)

        

ENTERTAINMENT

Checking in on the 'Jeopardy' Hosting Tryouts

Jeopardy guest host LeVar Burton

Jeopardy Productions Inc.

This beloved actor, known for his roles on Star Trek: The Next Generation, Roots, and Reading Rainbow, began his weeklong stint as guest host of Jeopardy! last night. 

If you answered LeVar Burton you'd be wrong. The correct answer is, "Who is LeVar Burton?" 

Burton’s journey to the podium was a little different than the other celebs “trying out” to succeed Alex Trebek at the famous lectern. When Burton made it known he really wanted the gig, fans started a petition that garnered over 250,000 signatures, which caught the eye of the show’s producers.

  • While Trebek made hosting the show look easy, apparently it...isn’t. “I’ve jumped out of airplanes. I’ve walked over hot coals. This was a real challenge. First of all, because [Jeopardy!] is singular in the culture and what it means to people as a part of their daily lives,” Burton told the AP. 

Other guest hosts have included NFL QB Aaron Rodgers, GOAT Jeopardy! champion Ken Jennings, journalists Katie Couric and Anderson Cooper, and actor Mayim Bialik. 

Zoom out: Jeopardy! is one of TV’s most valuable properties, with 38% of viewers watching at least three times a week, writes the WSJ. But viewership is down 10% in the post-Trebek world. Finding the right host is one of the most crucial decisions facing television execs today. 

        

WHAT ELSE IS BREWING

  • Jeff Bezos is offering a $2 billion discount to NASA if Blue Origin is awarded a contract for the agency’s lunar landing system. SpaceX won the contract earlier this year. 
  • President Biden said that some Americans experiencing “long Covid” may qualify for disability resources.
  • New home sales fell to their lowest level in 14 months in June, in large part because there aren’t enough homes to buy and that’s been pushing up prices.
  • Insurance giants Aon and Willis Towers Watson called off their $30 billion merger due to antitrust scrutiny.

We’re going to add a dedicated Olympics subsection for the next two weeks, because, well, a lot is brewing in Tokyo. Your Olympics links:

  • Lydia Jacoby, a 17-year-old from Alaska, took home the gold in the women's 100-meter breaststroke. The only thing more legendary than her upset win was the hometown celebration.
  • The Philippines won its first gold medal in almost 100 years thanks to weightlifter Hidilyn Diaz. Bermuda won its first gold medal.
  • Russia topped Japan to win the gold medal in men’s team gymnastics. The women's event, featuring Simone Biles and Team USA, is happening this morning.
  • Pink offered to pay the fine handed to the Norwegian women’s handball team after they wore shorts instead of bikini bottoms during a game.
  • The Brew's Business Olympiad is running this week and next. Follow our Twitter or Instagram to vote on the business world's spiciest competitions.

BREW'S BETS

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The KIMONO project: Japan commissioned 213 handmade kimonos inspired by the culture, history, and scenery of each country ahead of the Olympics. They are beautiful

People being pros: See someone repair a badly damaged watch or make a surfboard.

*This is sponsored advertising content

GAMES

The Puzzle Section

Brew Mini: Start your day off with an easy W by solving today's Mini

Utter Domination 

Since three-person archery debuted at the 1988 Olympics, South Korea has won all nine gold medals

What other countries similarly dominate Olympic events? Well, none, but a few do stand out as particular masters of their craft. We'll give you an event and you have to name the country that's dominated it at recent Olympics. 

  1. Table tennis
  2. Softball
  3. Judo
  4. Artistic swimming (previously known as synchronized swimming)
  5. Men’s steeplechase 
  6. Boxing
  7. Men’s water polo

SHARE THE BREW

MacBook Pros Don't Grow on Trees

Macbook Pro

Apple

You have to buy them. Online or at an Apple Store. For more than $1,200.

Unless…

You decide to share the Brew with your family, friends, and coworkers this week. In which case you’ll be entered into a raffle to win one of three beautiful laptops (yes, the ones with the new M1 chip).

The details: Each time you refer someone to the Brew, you’ll receive one “ticket” to the raffle. The more people you get to sign up, the better chance you have of winning a laptop.

The giveaway runs through Thursday, but why wait until then? 

Start sharing now.

*US winners only. Not affiliated with Apple. For more rules, see terms and conditions here.

ANSWER

1. Table tennis = China
2. Softball = USA
3. Judo = Japan
4. Artistic swimming = Russia
5. Men’s steeplechase = Kenya
6. Boxing = Cuba
7. Men’s water polo = Hungary

What God Told Ex-President Trump...


Trump is on the attack again...

But it's not against Nancy Pelosi or other liberal democrats...

It's against the Big Pharma companies that profit from your pain and suffering.

And you won't believe how he's using THIS "Biblical Weapon" to disarm these powerful companies...



And usher in a new era of Spiritual and physical healing in America.

So if you're sick and tired of paying big bucks for dangerous medications...

And tired of putting up with daily chronic pain...

Then you must see Trump's Shocking Biblical Weapon...

That, by the way, is taking the medical world by storm...

Because it's making most drugs, doctor's visits, and expensive medical procedures completely obsolete...

Which is why Big Pharma is doing everything they can to CENSOR Trump's Biblical Weapon.

Watch all about Trump's Biblical Weapon while you still can.

P.S. The secular media and FAKE News Pundits want to censor this message... 


Breaking News: Tom Selleck Breaks The Silence Today

 

Encyclopaedia Britannica | On This Day
July 27
Charlotte Corday

FEATURED BIOGRAPHY


Born On This Day

Charlotte Corday

French noble

READ MORE
Atlanta Olympic Games bombing of 1996

FEATURED EVENT


1996

Terrorist attack at Atlanta Olympics

READ MORE

MORE EVENTS ON THIS DAY

Sam Shepard

Bob Hope

Korean War armistice agreement

Gertrude Stein

Looney Tunes characters

Chicago Race Riot of 1919

ALSO BORN ON THIS DAY







SEE ALL BIOS ON THIS DAY

 

1 big thing: Floodgates open for vaccine mandates


Illustration: Sarah Grillo/Axios

 

State governments, private businesses and even part of the federal government are suddenly embracing mandatory coronavirus vaccinations for their employees, Axios' Caitlin Owens writes.

  • Why it matters: America has run out of carrots to incentivize more people to get the shot. So now, sticks are in.

Monday was a turning point:

  • The VA became the first federal agency to require its employees to be vaccinated.
  • California announced that state employees and health care workers must show proof of vaccination or get tested regularly.
  • New York City brought all municipal workers — including teachers and police officers — under a vaccine requirement that had previously only applied to health workers.
  • The San Francisco Bar Owner Alliance hopped onboard: The 500 San Francisco bars it represents will require indoor customers to show proof of vaccination or a negative test.
  • Banner headline of today's Chicago Tribune (subscription): "Lightfoot warns of masks, restrictions."

Vaccine requirements are also gaining steam internationally:

  • France's parliament voted yesterday to require a "health pass" — full vaccination or a recent negative test — to enter restaurants, trains and planes. The measure sparked huge weekend protests.
  • Italy's "green" passes will be needed beginning Aug. 6 to access gyms, museums, cinemas and indoor dining.

What we're watching: Many Republican-led states are preemptively prohibiting vaccine requirements.

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2. You see the problem
Graphic: The City. Used by kind permission

Context: For the U.S., 69% of adults (18+) have had at least one COVID shot, and 60% are fully vaccinated. (CDC tracker)

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3. Barbara Boxer to mugger: "Why would you do that to a grandmother?"


Barbara Boxer in L.A. in 2018. Photo: Presley Ann/Getty Images

 

Former U.S. Sen. Barbara Boxer (D-Calif.), 80, was assaulted and robbed of her iPhone yesterday while walking near her apartment in Oakland.

Boxer — a senator for 24 years, and now a co-chair at Mercury Public Affairs — told the L.A. Times that she purposefully walked on a quiet street so she could concentrate on a work call.

  • "[T]he driver of the car jumped out and started to come at me and come behind me," she told The Times. “When I saw the guy coming out of the car, coming at me, I started to run away across the street. And he shoved me really, really hard on the shoulder with one hand, and with the other, he put it around my waist and grabbed my phone."
  • "He ran toward the car. I was standing and shaking and I just said to them, 'Why would you do that to a grandmother? I need to call my grandkids.' He jumped in the car and sped away."

Boxer, calling herself "a 5-foot-tall grandma with gray hair," told The Times that she was so close that she ran back to her apartment, where she and her husband, Stewart, called police.

  • At a nearby Verizon store, employees wiped her iPhone and made sure pictures of her grandchildren had been saved to the cloud.
  • She emphasized that she wasn't hurt: "I want to make that clear — he pushed me hard, I did not fall down."

Boxer noted that she has founded community policing efforts and after-school programs. She told The Times that the narrative that Democratic politicians want to defund police is "a false flag. It’s just untrue."

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A message from Google

Shielding four billion devices from malware every day
 

 

Google’s protections like Safe Browsing are designed to automatically detect threats and can alert you when you might visit a risky site.

To make the internet safer for everyone, Google makes this technology free for other companies to use in their browsers.

Learn more.

 
 
4. U.S. shrink danger


Illustration: Annelise Capossela/Axios

 

Demographers cite an outside chance the U.S. population could shrink for the first time ever, The Wall Street Journal reports (subscription).

  • COVID death rates, immigration restrictions and persistently low birth rates pushed the weak U.S. population growth rate close to zero.

Why it matters: Demography is destiny for nations. Low population growth will bring major economic and political problems for the U.S., Axios Future editor Bryan Walsh writes.

By the numbers: In half of U.S. states, more people died than were born in 2020, up from just five states in 2019.

  • Every type of U.S. county — from very rural to very urban — saw a decrease in births per death in the second half of the 2010s.

Share this story.

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5. Tech's massive money shield


Illustration: Shoshana Gordon/Axios

 

Tech industry giants are floating on a cushion of record profits in lakes of reserve cash — and all that money makes them just about unsinkable, Axios managing editor Scott Rosenberg writes from the Bay Area.

"Silicon Valley ... has never seen so much loot," David Streitfeld writes in a N.Y. Times article (subscription), "How Tech Won the Pandemic and Now May Never Lose."

  • Flashback: The industry's boom during the '90s dotcom era was dubbed "the largest legal creation of wealth in the history of the planet" by one of its leading investors, John Doerr.

The bottom line: The sheer magnitude of tech's financial power also makes the companies a target for outrage and regulation — but little has made an impact.

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6. Zuck's new mega-project


Illustration: Sarah Grillo / Axios

 

Facebook announced a Metaverse product group to build a 3D social space using virtual and augmented reality, Axios' Scott Rosenberg writes.

  • Facebook CEO Mark Zuckerberg said in an interview with Casey Newton last week that he sees the metaverse — widely used in tech and science fiction to describe broadly shared, open virtual environments — as "the successor to the mobile internet."
  • Zuckerberg said it's not "something that any one company is going to build."

Facebook's new Metaverse product group will report to Andrew Bosworth, Facebook's vice president of virtual and augmented reality, who announced the new organization in a Facebook post.

  • Bosworth's announcement linked to a Facebook hiring page for AR/VR jobs that lists more than 700 openings.

Share this story.

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7. First person: Charging travails of a non-Tesla EV


Illustration: Aïda Amer/Axios

 

Axios Pro Rata author Dan Primack writes from Boston: Several weeks ago, I bought a Ford Mustang Mach-E, the automaker's first all-electric crossover vehicle. It's worked great for my daily commute to the coffee shop, errands and social engagements.

  • Drive around, charge it overnight in my suburban Boston garage, and wake up to an estimated range of around 215 miles.
  • My only worry was driving to New York City, which I do around once a month in non-pandemic times. It's about 200 miles door-to-door.
  • But I was assured that this might be one of the country's easiest EV routes, as the Acela corridor was an early electrification adopter.

My plan was to recharge at one of the three I-95 rest stops just south of New Haven. This was my plan because the website for those rest stops said they had "electric vehicle charging stations."

  • At the first one, I spotted some Tesla chargers but none for other EVs. My charge level: 30%.
  • At the second one, I went to the truck refueling spot. Charge level: 26%.
  • Third rest stop. More Tesla chargers. None for me. Charge level: 23%.

Keep reading.

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8. Ina's Tokyo diary: Softball on the brink


USA's Cat Osterman, pitching against Japan yesterday, came out of retirement to play in the Tokyo Olympics. Photo: Ina Fried/Axios

 

Axios' Ina Fried writes from Tokyo: When the U.S. and Japan take the softball field in Yokohama today, they will be playing for more than gold. They want to show that their sport deserves a permanent place in the Olympics.

  • Why it matters: Softball is returning to the Olympics after a 12-year absence. But its long-term Olympic future is uncertain. The sport isn't part of the 2024 Games in Paris, and plans are up in the air after that.

Ina's thought bubble: Fans (and I am a huge one) are right to note just how competitive the sport has been here in Tokyo.

  • But detractors aren't wrong that softball doesn’t have the global appeal of many other Olympic sports.

Keep reading ... In photos: Softball at the Olympics ... Axios' Olympics dashboard ... Events to watch today.

A message from Google

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BREAKING NEWS: Nancy Pelosi ORDER News Outrages Americans - Punish Her!
 
Pelosi Put Yet Another RINO on January 6th Commission
Read it Here >>
 

Trey Gowdy struck a career-ending blow to one pro-Defund Police “Squad” member

Rep. Alexandria Ocasio-Cortez (D-NY) is a media darling, and the corporate-controlled media is happy to provide her endless airtime to her air-headed opinions.

With her socialist “Squad” growing in numbers, other members are trying to cash in on the media spotlight.

But one “Squad” member was blindsided after Trey Gowdy revealed campaign finance filings showing she spent a shocking amount on this one thing.


Donald Trump POLL Rocks Media - This Could Change Everything!

Donald Trump POLL Rocks Media - This Could Change Everything!

 

Read This Alert >>>

Megyn Kelly BRUTALLY Attacked... Nasty Details Released

Megyn Kelly BRUTALLY Attacked... Nasty Details Released

 

Read This Alert >>>

Kamala Harris Gets Worst Career News Ever!

Kamala Harris Gets Worst Career News Ever!

 

Read This Alert >>>

Investigators STUNNED By COVID Discovery - The Numbers Are In!

Investigators STUNNED By COVID Discovery - The Numbers Are In!

 

Read This Alert >>>

-  -
Google blocks 100 million phishing attacks every day
 


 

To keep hackers from accessing your personal information, Gmail uses industry-leading technology to automatically detect threats, blocking more than 99.9% of spam, phishing attempts, and malware from reaching your inbox.

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Second Judo Competitor Sent Home From Tokyo After Refusing To Spar With Israeli Athlete

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Singer Pink Offers To Pay Norwegian Handball Players’ Fines For Wearing Shorts Instead Of Bikini Bottoms

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Megan Rapinoe Reacts To Backlash, Says Media Needs To ‘Get Better’ With Criticism Of Women’s Sports

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‘Woke’ U.S. Men’s Olympic Basketball Team Embarrassed By France In Tokyo Games Opener, First Loss Since 2004

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As the Biden administration continues to release the illegal migrants encountered while crossing into...



   
 

DAILY NEWS - JULY 26, 2021

If you didn’t already know that a “Jan. 6 Commission” controlled by House...

The White House announced Monday President Joe Biden held a Zoom...

The Biden administration will appeal an injunction ordered by a federal judge...

 


Teacher Told Students To Hide ‘Equity Survey’ From Parents, Fourth Grader Says. Mom Fires Back: ‘Equity’ Is The Mask That Critical Race Theory Hides Behind’



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