Plus: A bumpy year for driverless cars.
| Photo: Reuters (Amr Abdallah Dalsh) |
|
|
Good morning, Quartz readers!
|
|
Japan's Nippon Steel paid $14.9 billion to buy US Steel. The acquisition is a bet on US president Joe Biden's infrastructure bill, which includes spending and tax incentives. |
|
Apple will stop selling its latest smartwatches because of a patent dispute. The Series 9 and Ultra 2 timepieces, some of the company's bestsellers, will stay on shelves during the busy US holiday shopping season. |
|
Jimmy Lai is on trial in Hong Kong. The pro-democracy media tycoon is being charged with breaching national security and collusion, all of which he denies, but if he's found guilty, Lai could face life in prison. |
|
Nikola founder Trevor Milton was sentenced to four years in prison. He was convicted last year of misleading investors about his company's zero-emission trucks. |
|
Pope Francis said priests could bless same-sex couples. The Vatican clarified that the decision is not the same as a marriage sacrament and doesn't amend the Roman Catholic Church's doctrine. |
|
The fallout from the Israel-Hamas war is reverberating in the Red Sea. The Iran-backed Houthi movement in Yemen has responded to the conflict by intensifying its attacks on vessels going to or coming from Israel, and the world's biggest shipping containers are starting to avoid the Suez Canal. |
|
Instead, reroutings are popping up that will have cascading events throughout the global supply chain. Here's a look at shipping—or lack of shipping—in the Red Sea, by the digits:
|
|
12%: Share of global trade that currently passes through the Red Sea |
|
10+: Ships the Houthis have attacked since Oct. 7 |
|
19 to 31 days: How much longer the journey lasts for a vessel circumnavigating from the Red Sea to the Cape of Good Hope, depending on the vessel's type, speed, and destination |
|
40%: Share of cargo arriving in Israel that passes through the Suez Canal |
|
Driverless car and trucking companies have promised to bring us into the future, but so far, all that many of them—and their valuations—have managed to do is crash. |
|
Major businesses in the self-driving vehicle and tech space lost a combined $40 billion in value between going public and October 2022, and the sector's bad fortunes have only continued this year. |
|
A $4 thrift store vase sold for more than $100,000 at an auction. It was a 1940s glass Venini piece designed by Carlo Scarpa. |
|
And a $4 thrift store painting that was actually a rare N.C. Wyeth work finally found a home. Its first auction buyer backed out, but another person put up more than $100,000 for it. |
|
Archeologists are fighting over a site in Indonesia. Some are saying it's the oldest building in the world— 25,000 years old to be exact—while other experts are saying that's absolutely wrong. |
|
Grouse are kind of weird birds. They don't fly well. They eat bitter and toxic plants. They grow snowshoe-like toe extensions in the winter. And they won't let one man's guests go home. |
|
Did you know we have two premium weekend emails, too? One gives you analysis on the week's news, and one provides the best reads from Quartz and elsewhere to get your week started right. Become a member or give membership as a gift! |
|
Our best wishes for a productive day. Send any news, comments, grouse friends, and paper clips to talk@qz.com. Today's Daily Brief was brought to you by Morgan Haefner. |
|
|
No hay comentarios:
Publicar un comentario