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Reddit makes its big Wall Street bet...
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March 21, 2024
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It’s the start of March Madness, better known as Second Monitor Appreciation Day.
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If your college didn’t make the tournament, like Abby or Neal’s, get behind the school that produced your favorite Morning Brew writer: Matty (Nebraska), Molly (Wisconsin), or Cassandra (North Carolina). Yes, this newsletter is fueled by corn, dairy, and tobacco.
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—Molly Liebergall, Cassandra Cassidy, Matty Merritt, Abby Rubenstein, Neal Freyman
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MARKETS
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Nasdaq
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16,369.41
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</td>
<td class="markets-bubble-cell" style="width:20%;padding-top: 8px; padding-bottom: 8px;" valign="middle">
<table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="width:70%;border-collapse:collapse; margin: 0 auto;">
<tr>
<td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #BEF2BA; background-color: rgba(40, 211, 26, 0.3);" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
+1.25%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Nasdaq -->
<!-- S&P -->
<tr>
<td class="pads10 pads6m lastline" style="border-bottom:1px solid #e6e6e6;padding-bottom:0;text-align: center; border-top: 1px solid #e6e6e6; mso-padding-alt: 0 20px 0 20px;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;" width="100%">
<tr>
<td align="center" class="markets-arrow-cell" style="width:12%;text-align: center; line-height: 1em;" valign="middle">
<img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk0NzE2Nn0:1rnF68:Stq1PwBMCLJtwlZC4ClqGtF2uxMQB8_SaV6KPrmtUZY" style="width:22%" width="20"/>
</td>
<td class="markets-ticker-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px; white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
S&P
</p>
</td>
<td class="markets-value-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
5,224.62
</p>
</td>
<td class="markets-bubble-cell" style="width:20%;padding-top: 8px; padding-bottom: 8px;" valign="middle">
<table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="width:70%;border-collapse:collapse; margin: 0 auto;">
<tr>
<td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #BEF2BA; background-color: rgba(40, 211, 26, 0.3);" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
+0.89%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END S&P -->
<!-- Dow -->
<tr>
<td class="pads10 pads6m lastline" style="border-bottom:1px solid #e6e6e6;padding-bottom:0;text-align: center; border-top: 1px solid #e6e6e6; mso-padding-alt: 0 20px 0 20px;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;" width="100%">
<tr>
<td align="center" class="markets-arrow-cell" style="width:12%;text-align: center; line-height: 1em;" valign="middle">
<img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk0ODIwNn0:1rnF68:dm_SNlvyRqvu4eUGPJw5w0enhPa9UpBqrRhsdydz5qE" style="width:22%" width="20"/>
</td>
<td class="markets-ticker-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px; white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
Dow
</p>
</td>
<td class="markets-value-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
39,512.13
</p>
</td>
<td class="markets-bubble-cell" style="width:20%;padding-top: 8px; padding-bottom: 8px;" valign="middle">
<table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="width:70%;border-collapse:collapse; margin: 0 auto;">
<tr>
<td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #BEF2BA; background-color: rgba(40, 211, 26, 0.3);" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
+1.03%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Dow -->
<!-- 10-Year -->
<tr>
<td class="pads10 pads6m lastline" style="border-bottom:1px solid #e6e6e6;padding-bottom:0;text-align: center; border-top: 1px solid #e6e6e6; mso-padding-alt: 0 20px 0 20px;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;" width="100%">
<tr>
<td align="center" class="markets-arrow-cell" style="width:12%;text-align: center; line-height: 1em;" valign="middle">
<img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk0OTIwN30:1rnF68:8a3LFTfL8mb6CKAhtTxxK665ihx0Ky_sRECHz4wajkY" style="width:22%" width="20"/>
</td>
<td class="markets-ticker-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px; white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
10-Year
</p>
</td>
<td class="markets-value-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
4.273%
</p>
</td>
<td class="markets-bubble-cell" style="width:20%;padding-top: 8px; padding-bottom: 8px;" valign="middle">
<table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="width:70%;border-collapse:collapse; margin: 0 auto;">
<tr>
<td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #FFB3B3; background-color: rgba(255, 3, 3, 0.3);" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
-2.4 bps
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END 10-Year -->
<!-- Bitcoin -->
<tr>
<td class="pads10 pads6m lastline" style="border-bottom:1px solid #e6e6e6;padding-bottom:0;text-align: center; border-top: 1px solid #e6e6e6; mso-padding-alt: 0 20px 0 20px;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;" width="100%">
<tr>
<td align="center" class="markets-arrow-cell" style="width:12%;text-align: center; line-height: 1em;" valign="middle">
<img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk1MDQxOH0:1rnF68:VX8zPNTQSQL88FlZ5od4AIAyvpl9GCQr-968Om60JIs" style="width:22%" width="20"/>
</td>
<td class="markets-ticker-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px; white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
Bitcoin
</p>
</td>
<td class="markets-value-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
$67,532.47
</p>
</td>
<td class="markets-bubble-cell" style="width:20%;padding-top: 8px; padding-bottom: 8px;" valign="middle">
<table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="width:70%;border-collapse:collapse; margin: 0 auto;">
<tr>
<td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #BEF2BA; background-color: rgba(40, 211, 26, 0.3);" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
+9.05%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Bitcoin -->
<!-- Chipotle -->
<tr>
<td class="pads10 pads6m lastline" style="border-bottom:1px solid #e6e6e6;padding-bottom:0;text-align: center; border-top: 1px solid #e6e6e6; mso-padding-alt: 0 20px 0 20px;">
<table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;" width="100%">
<tr>
<td align="center" class="markets-arrow-cell" style="width:12%;text-align: center; line-height: 1em;" valign="middle">
<img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk1MTk0NH0:1rnF68:2Y6JbhupntvQFTB8zg3qBRUTk-IWReIOEwfBxYTZz10" style="width:22%" width="20"/>
</td>
<td class="markets-ticker-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px; white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
Chipotle
</p>
</td>
<td class="markets-value-cell" style="width:34%" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
$2,895.00
</p>
</td>
<td class="markets-bubble-cell" style="width:20%;padding-top: 8px; padding-bottom: 8px;" valign="middle">
<table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="width:70%;border-collapse:collapse; margin: 0 auto;">
<tr>
<td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #BEF2BA; background-color: rgba(40, 211, 26, 0.3);" valign="middle">
<p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
+3.48%
</p>
</td>
</tr>
</table>
</td>
</tr>
</table>
</td>
</tr>
<!-- END Chipotle -->
<!-- START REGULAR TEXT -->
<tr>
<td style="padding: 3px 15px 10px 15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px;padding: 0; margin: 0; text-align: left; font-size: 13px;">
*Stock data as of market close, cryptocurrency data as of 1:00am ET.
<a class="link-sm" rel="noopener" style="border-bottom:1px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Here's what these numbers mean.
</a>
</p>
</td>
</tr>
<!-- END REGULAR TEXT -->
<tr>
<td style="padding: 0px 15px; mso-padding-alt: 0px 15px 15px 15px;">
<ul style="margin-top:0;padding-left:30px">
<li style="line-height:22px;margin-bottom:10px">
<span>
<strong style="color:#000">
Markets:
</strong>
</span>
<span>
You probably heard the yelps of joy from Wall Street yesterday as all three major averages closed the day at
</span>
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
record highs
</a>
</span>
<span>
, after the Fed held interest rates steady and reaffirmed its plans for rate cuts this year. Chipotle also hit an all-time high on the news that its board approved a rare 50-for-1
</span>
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
stock split
</a>
</span>
<span>
to make it more accessible to investors.
</span>
</li>
</ul>
<div style="display:none;">
</div>
</td>
</tr>
<tr>
<td style="padding: 0px 20px; mso-padding-alt: 0px 20px 15px 20px;">
</td>
</tr>
</table>
</th>
</tr>
</table>
<!--[if !mso ]><! -- -->
</div>
</div>
<!-- <![endif]-->
<!-- END MARKETS -->
<!-- ARTICLE --->
<!--[if !mso ]><! -- -->
<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table outer" style="border-collapse:collapse;border-collapse: collapse;" width="100%">
<tr>
<th class="card" style="text-align:left;font-weight:400;font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#333;display:block;background-color:#fff;border-radius:15px;border:1px solid #e6e6e6;border-collapse:collapse;box-shadow:none;margin-bottom:0px;">
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table" style="border-collapse:collapse" width="100%">
<tr>
<td class="tag-title" style="padding: 15px;">
<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
FINANCE
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
<a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
<font color="#000000">
The site that fueled memestock mania goes public
</font>
</a>
</h1>
</td>
</tr>
</table>
<a style="text-decoration:none;border:none;" target="_blank">
<img alt="Reddit logo" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6999808e99d979f27cfd7faed8f065120053273a-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk1MzIxM30:1rnF68:qyJKd75hyu-9q2hFT0ykBCiWcjPfR2Db28XdifAecwM" style="display: block; width: 100%; max-width: 670px;" width="670"/>
</a>
<span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
<small>
<em>
Reddit
</em>
</small>
</span>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding:15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Today’s the day you can finally own stock in Reddit, the only social media platform where you can both stage a Wall Street coup and join a community for people who love
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
stapling bread to trees
</a>
.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
The 19-year-old company, listed on the New York Stock Exchange as RDDT as of today, is selling 22 million shares priced at $34 each, valuing Reddit at $6.4 billion.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
But that’s pretty much the only conventional thing about
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
this IPO
</a>
, which is being bet against by some of the very people who make the site what it is, prompting Reddit to warn of potential volatility.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Here’s what’s going on:
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="line-height:22px;margin-bottom:10px">
<span>
In a nod to the platform’s reliance on user-generated content, Reddit set aside 1.76 million shares for certain US-based highly active users and volunteer community moderators.
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
Many Redditors have not only
</span>
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
passed on the IPO
</a>
</span>
<span>
—they’re getting ready to dance on its grave. The 15-million-member r/wallstreetbets subreddit, which briefly turned GameStop to gold in 2021, is filled with talk of shorting RDDT and watching it “absolutely plummet.”
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
Any Redditors who did buy before the bell won’t have to wait the typically mandatory six months before selling, so they could cash in on initial surges.
</span>
</li>
</ul>
<h2 style="font-family:Helvetica, Arial, sans-serif;font-size:19px;font-weight:700;color:#000;margin-top:0;margin-bottom:15px;margin-right:0;margin-left:0">
Growing pains
</h2>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Last year Reddit CEO Steve Huffman said it was time to “behave like an adult company.” But the untameable beast that is the Reddit community hasn’t always been on board with Huffman’s efforts to make the site profitable…like when thousands of moderators
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
protest-shuttered
</a>
their communities after Huffman announced that third-party developers would have to pay for site access.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Now that it has a fiduciary duty to make its shareholders richer…
</strong>
Reddit has to figure out how to turn a profit without enraging users. But in a move that will probably anger many of them anyway, Reddit is looking to diversify its main revenue stream (
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
ads
</a>
) by letting companies train their AI models on user-generated content. It just signed a $60 million/year data licensing contract with Google, but the FTC is
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
probing the deal
</a>
.—ML
</p>
<!-- SOCIAL LINKS -->
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding-top: 12px;">
<a class="" rel="noopener" style="text-decoration: none;" target="_blank">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fcab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk1NDMxMn0:1rnF68:a6uYUYb4D_HQzJ77GExeqJS1jYAE8yJftVhEcj7Yt8g" style="display: inline-block; width: 25px" width="25"/>
</a>
<span>
</span>
<a class="" rel="noopener" style="text-decoration: none;" target="_blank">
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</a>
<span>
</span>
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</a>
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<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table outer" style="border-collapse:collapse;border-collapse: collapse;" width="100%">
<tr>
<th class="card" style="text-align:left;font-weight:400;font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#333;display:block;background-color:#fff;border-radius:15px;border:1px solid #e6e6e6;border-collapse:collapse;box-shadow:none;margin-bottom:0px;">
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<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
PRESENTED BY AT&T IN-CAR WI-FI
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
<a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
<font color="#000000">
<strong>
Home game
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-right-pointing-backhand-index_1f449.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk1NzU4NX0:1rnF68:LrWvPr1qOZXNlseaUjzus8HgCSdSW6pKbVhe1dvWK_k" style="max-width:18px" width="18"/>
on the road
</strong>
</font>
</a>
</h1>
</td>
</tr>
</table>
<a style="text-decoration:none;border:none;" target="_blank">
<img alt="AT&T In-car Wi-Fi" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F7280493a48418501349dae027d993b8097268dab-1000x750.png%253Fw%253D668%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk1ODY0Mn0:1rnF68:6fy52waRstQynlPIR1KFMoEusp0s_WlNGtckcBxPsLo" style="display: block; width: 100%; max-width: 670px;" width="670"/>
</a>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding:15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Have to hit the road before the final play? With
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
AT&T In-car Wi-Fi
</a>
, you can track your game on the go…wherever you go.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Stream the biggest games of the season (plus music, video, and more) with a full tank of Wi-Fi power. AT&T
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
covers more roads
</a>
than any other carrier,* so you’re free to explore without missing a single play.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
And the signal works both in and out of your car, so you can stay connected no matter where the road takes you.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Give AT&T In-car Wi-Fi a test drive with a
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
free four-day trial
</a>
.
</p>
</td>
</tr>
</table>
</th>
</tr>
</table>
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<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
WORLD
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
<a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
<font color="#000000">
Tour de headlines
</font>
</a>
</h1>
</td>
</tr>
</table>
<img alt="Jerome Powell" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F888169687a79d68d05e803ab014c456fb4c54edc-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk1OTY4Nn0:1rnF68:53e1QfjlKRoFExki-dQ4IPTZI5eT1xiOI3H1A8ZViJY" style="display: block; width: 100%; max-width: 670px;" width="670"/>
<span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
<small>
<em>
Mandel Ngan/Getty Images
</em>
</small>
</span>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding:15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fmoney-with-wings_1f4b8.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk2MDY3NX0:1rnF68:Yu_7i5OrdCF04cuLmRpmIpmQouA2aM5FzEYH35S2BjE" style="max-width:18px" width="18"/>
<strong style="color:#000">
The Fed is sticking to the plan.
</strong>
Investors were worried about what Jerome Powell might bring them yesterday, after several indicators that inflation isn’t quite as licked as the Fed hoped it was when it last made projections about rates. But they needn’t have been, because JPow and Co. stuck to the forecasts they laid out in December, predicting three rate cuts before the year is out. Powell
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
shrugged off
</a>
the recent data on sticky high prices, saying, “I think they haven’t really changed the overall story, which is that of inflation moving down gradually on a sometimes bumpy road toward 2%.”
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Ffactory_1f3ed.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk2MjEzfQ:1rnF68:vnnZKyZtyQVqDLiG2TKXb50mfMdYgxLmLiceFIIGLQ0" style="max-width:18px" width="18"/>
<strong style="color:#000">
Intel got an $8.5b government grant to build chip factories.
</strong>
It’s the
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
largest grant
</a>
awarded so far under the CHIPS Act to spur US semiconductor production, and Intel plans to use it to build and expand facilities in Arizona, Ohio, New Mexico, and Oregon. Intel could also be eligible for another $11 billion in loans under the same legislation, a signature piece of the president’s economic agenda that Congress passed in 2022. The push comes amid growing concern about sourcing chips from Asia, but it’ll be a long time before construction is completed on the projects being funded.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fshopping-bags_1f6cd.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk2MzY2fQ:1rnF68:6qXV9g5eA6qDNc1ozVB6xg01BByxpI29mJ0APTyzGLo" style="max-width:18px" width="18"/>
<strong style="color:#000">
Things are not all gucci at Gucci.
</strong>
Kering, the French luxury brand that owns Gucci, said it expects the brand’s
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
sales to fall
</a>
20% in the first quarter compared to last year because its products aren’t moving as well as anticipated in Asia. Though a slowdown in spending in China—where Gucci does ~30% of its sales—has impacted many luxury brands, they’re not all suffering as much as Gucci (and Kering, whose other brands include Yves Saint Laurent, Balenciaga, and Bottega Veneta). Rivals for the high-end space LVMH and Hermès have both fared better.
</p>
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<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
AUTO
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
<a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
<font color="#000000">
New auto rules are Biden’s biggest climate move yet
</font>
</a>
</h1>
</td>
</tr>
</table>
<a style="text-decoration:none;border:none;" target="_blank">
<img alt="Illustration of a car’s exhaust pipe with smoke in the shape of a lightning bolt" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F2abc9f948ab16efc177c686a02812105101505be-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk2NDc3OH0:1rnF68:5ZLepotBDqGfKRLaFAtOlN1VZPsrIzCwvofMm4nvA8g" style="display: block; width: 100%; max-width: 670px;" width="670"/>
</a>
<span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
<small>
<em>
Francis Scialabba
</em>
</small>
</span>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding:15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
You have approximately three years left to roast your friend who drives a Prius.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
The Biden administration rolled out new rules yesterday that aim to put more butts in electric car seats, marking one of the federal government’s
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
strongest moves
</a>
toward tackling climate change since the introduction of Smokey Bear.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
It is not a ban on gas-powered cars.
</strong>
The Environmental Protection Agency’s regulations, which go into effect starting in 2027, increasingly
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
limit pollution
</a>
permitted from tailpipes, which in turn will push automakers toward making more models that comply with those limits—aka EVs and hybrids.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
The policy tightens emissions limits more slowly than the EPA’s original proposal
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
last year
</a>
, signaling a concession by the Biden admin to automakers and autoworkers. But it’s still expected to have
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
serious impacts
</a>
:
</p>
<ul style="margin-top:0;padding-left:30px">
<li style="line-height:22px;margin-bottom:10px">
<span>
Analysts predict the regulations will lead to more EV models
</span>
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
at lower prices
</a>
</span>
<span>
.
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
The EPA boasts that the new policy will generate $37 billion in
</span>
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
improved public health
</a>
</span>
<span>
and prevent seven billion tons of CO2 emissions.
</span>
</li>
</ul>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Potential roadblocks lay ahead…
</strong>
the policy will likely be met with legal challenges from fossil fuel lobbyists that could end up before the Supreme Court, whose 6–3 conservative majority has previously voted to limit the EPA’s power.
<em>
—CC
</em>
</p>
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<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
TOGETHER WITH INTUIT TURBOTAX
</h3>
</td>
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<a style="text-decoration:none;border:none;" target="_blank">
<img alt="Intuit TurboTax " class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F2f0acf06759cded5a874ed30886ef68034532ddd-1000x750.png%253Fw%253D668%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk2ODkyfQ:1rnF68:yNjM-9_flMny9ulNj-Y8UhVxZgOIpfPN7BG1couKhw8" style="display: block; width: 100%; max-width: 670px;" width="670"/>
</a>
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<tr>
<td style="padding:15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Your refund awaits.
</strong>
When it comes to tax prep (and managing side hustles, crypto, + more), one size doesn’t fit all.
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Intuit TurboTax®
</a>
is up for the challenge. They leave no stone unturned, from ever-changing government credits to self-employment tax breaks—so you can get the outcome you deserve.
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Brew readers: Get up to 20% off
</a>
.
</p>
</td>
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<th class="card" style="text-align:left;font-weight:400;font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#333;display:block;background-color:#fff;border-radius:15px;border:1px solid #e6e6e6;border-collapse:collapse;box-shadow:none;margin-bottom:0px;">
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<tr>
<td class="tag-title" style="padding: 15px;">
<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
PRIVACY
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
<a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
<font color="#000000">
Glassdoor may not be so anonymous anymore
</font>
</a>
</h1>
</td>
</tr>
</table>
<a style="text-decoration:none;border:none;" target="_blank">
<img alt="Shadow of person behind blurred glass door." class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fb438ec54765d5a9f9c00be0b8fa80c3c6fd92d5c-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk3MDAwMn0:1rnF68:hmtwNxskXEd0j1VxGAeIK4qb_bI7V4fQJcvC9wI4fRc" style="display: block; width: 100%; max-width: 670px;" width="670"/>
</a>
<span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
<small>
<em>
Francis Scialabba
</em>
</small>
</span>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding:15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
It’s official: The safest place to gripe about your job is a padlocked diary actively sinking to the bottom of the ocean. Users of Glassdoor, the site that touted anonymous employee reviews of companies, are
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
reporting
</a>
that their names and job titles are being added to their accounts without their consent.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
You can still post anonymously and hide your private info, but last July the site officially integrated with the networking app Fishbowl, which requires users to verify their identity with their full name, title, and the company they work for. Previously, you only had to have an email attached to the account. Now, anyone who tries to log back in has to
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
update
</a>
that info before they can access the site, and people are freaking out about it on social media.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
What does this mean for Glassdoor’s whole “thing”?
</strong>
Since it’s the only place on the internet where you can anonymously clown on your CEO’s management style, users are concerned that even if they chose to keep their personal information private, it could now be more easily subpoenaed or leaked...
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
...which employers have tried in the past:
</strong>
Glassdoor said it has successfully objected to and resisted 100+ subpoenas for users’ identities.
<em>
—MM
</em>
</p>
<!-- SOCIAL LINKS -->
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding-top: 12px;">
<a class="" rel="noopener" style="text-decoration: none;" target="_blank">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fcab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk3MTA1fQ:1rnF68:zgERRqv5L8EUgAUsPO7qif_jKx3FFkCNOlNXB-gRHBw" style="display: inline-block; width: 25px" width="25"/>
</a>
<span>
</span>
<a class="" rel="noopener" style="text-decoration: none;" target="_blank">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fea53a551202a4963e49199a40daf05b487846624-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk3MjA3NH0:1rnF68:x6xqRZU42fia9V5pNygThQn-nhH9lEzkf4FTWB2iUeg" style="display: inline-block; width: 25px" width="25"/>
</a>
<span>
</span>
<a class="" rel="noopener" style="text-decoration: none;" target="_blank">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F774271f5d2278014f1af0759475660e1761384eb-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk3MzM0N30:1rnF68:1RDZ0uEH76SS_n7w6cXK76xtTa19nPRdmunlQ-eZxQc" style="display: inline-block; width: 25px" width="25"/>
</a>
</td>
</tr>
</table>
<!-- END SOCIAL LINKS --->
</td>
</tr>
</table>
</th>
</tr>
</table>
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<div class="c6" style="margin-bottom:7px">
<!-- <![endif]-->
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table outer" style="border-collapse:collapse;border-collapse: collapse;" width="100%">
<tr>
<th class="card" style="text-align:left;font-weight:400;font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#333;display:block;background-color:#fff;border-radius:15px;border:1px solid #e6e6e6;border-collapse:collapse;box-shadow:none;margin-bottom:0px;">
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table" style="border-collapse:collapse" width="100%">
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<td class="tag-title" style="padding: 15px;">
<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
GRAB BAG
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
<a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
<font color="#000000">
Key performance indicators
</font>
</a>
</h1>
</td>
</tr>
</table>
<img alt="A map of the US with a frown across it" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F51b90442d8f96d33576b8eaad2329bc58af3020d-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk3NDQyN30:1rnF68:jQzEYbtKuGaCJl2emmZ0-2nv-XcvUYUTGGK1NvafmTw" style="display: block; width: 100%; max-width: 670px;" width="670"/>
<span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
<small>
<em>
Francis Scialabba
</em>
</small>
</span>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding:15px">
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Stat:
</strong>
Disneyland may still be the happiest place on Earth, but the rest of the US is
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
falling behind
</a>
in the happiness department—especially for people under 30. In this year’s
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
list
</a>
of the world’s happiest countries, the US dropped to No. 23 from No. 15 last year, marking the first time it hasn’t cracked the top 20 since the ranking began in 2012. Much of the dip stems from young Americans feeling worse about their lives, according to Gallup, which compiles the list. So, if you’re looking for a happy place to hunker down,
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Finland
</a>
maintained its status as No. 1.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Quote:
</strong>
“In case there ever is a real alien invasion, I think I should probably save myself for that crisis.”
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Netflix’s
<em>
3 Body Problem
</em>
, a show debuting on the streamer today, has a lot going for it, including the story from a bestselling Chinese sci-fi novel and the team that
<del>
ruined
</del>
brought you
<em>
Game of Thrones
</em>
. But one thing it doesn’t have:
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
a cameo
</a>
from former President Barack Obama. Though Obama is a fan of the source material, he turned down a part in the show. But according to executive producer David Benioff, he couched the rejection in a funny note that suggested he needed to stay fresh in the event that extraterrestrial visitors arrive for real.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Read:
</strong>
Amazon says its plastic packaging can be recycled. An investigation finds it usually isn’t. (
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Grist
</a>
)
</p>
</td>
</tr>
</table>
</th>
</tr>
</table>
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<table border="0" cellpadding="0" cellspacing="0" class="story-card-table outer" style="border-collapse:collapse;border-collapse: collapse;" width="100%">
<tr>
<th class="card" style="text-align:left;font-weight:400;font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#333;display:block;background-color:#fff;border-radius:15px;border:1px solid #e6e6e6;border-collapse:collapse;box-shadow:none;margin-bottom:0px;">
<table border="0" cellpadding="0" cellspacing="0" class="story-card-table" style="border-collapse:collapse" width="100%">
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<td class="tag-title" style="padding: 15px;">
<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
NEWS
</h3>
<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
<a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
<font color="#000000">
What else is brewing
</font>
</a>
</h1>
</td>
</tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td class="card-content" style="padding-right:15px;padding-bottom:15px;padding-left:15px;padding-top:0px">
<ul style="margin-top:0;padding-left:30px">
<li style="line-height:22px;margin-bottom:10px">
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
The Los Angeles Dodgers
</a>
</span>
<span>
fired Shohei Ohtani’s interpreter, accusing him of stealing millions from the baseball star.
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Neuralink
</a>
</span>
<span>
, Elon Musk’s brain implant company, posted a video on X of its first human user showing off what he can do with the device.
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Private equity firm Apollo Global Management
</a>
</span>
<span>
has offered $11 billion for Hollywood studio Paramount Pictures, though Paramount Global is reportedly also considering other takeover offers.
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Boeing
</a>
</span>
<span>
warned investors it’s looking at a big loss for Q1 as it struggles with the continued fallout from a door plug coming off a plane midflight in January.
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Ireland’s Prime Minister
</a>
</span>
<span>
, Leo Varadkar, unexpectedly said he will step down, calling his reasons for resigning “personal and political, but mainly political.”
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
The UK’s privacy watchdog
</a>
</span>
<span>
is investigating reports that hospital staff tried to improperly access Kate Middleton’s hospital records, as rumors regarding the princess continue to swirl.
</span>
</li>
</ul>
</td>
</tr>
</table>
</th>
</tr>
</table>
<!--[if !mso]><! -- -->
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<tr>
<th class="card" style="text-align:left;font-weight:400;font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#333;display:block;background-color:#fff;border-radius:15px;border:1px solid #e6e6e6;border-collapse:collapse;box-shadow:none;margin-bottom:0px;">
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<td class="tag-title" style="padding: 15px;">
<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
RECS
</h3>
</td>
</tr>
</table>
<img alt="To do list Thursday" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F4856751cdc557e9ccdafd8d6034e2b3934e4841a-1500x375.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk3NTQ3Nn0:1rnF68:ZNmuZRE63rFEed-db5YWQFJfaTOVC0xmKh2LblVKl6M" style="display: block; width: 100%; max-width: 670px;" width="670"/>
<span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
<small>
<em>
</em>
</small>
</span>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
<tr>
<td style="padding:15px">
<div>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk3NjQzNX0:1rnF68:B4ocfmNA-sP13sHby3CmlGVN-jBFtd0vojukd2OE_pw" style="max-width:18px" width="18"/>
<strong style="color:#000">
Watch:
</strong>
Why we need
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
space lasers
</a>
.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk3NzQxNX0:1rnF68:Z9SSM-gmAC3CI1lhRVMVZr-1f5UNOs8GVd4KNOmw-mQ" style="max-width:18px" width="18"/>
<strong style="color:#000">
Try something new:
</strong>
Scientists have found
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
the flavor profiles
</a>
of different types of edible ants.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk3ODM2fQ:1rnF68:livIZHv0PiCCvDvlnsVl6IIv_lzWaZoORj-f3KdyE4k" style="max-width:18px" width="18"/>
<strong style="color:#000">
Perfect your morning brew:
</strong>
A
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
food scientist explains
</a>
how to make the best coffee.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk3OTMxMn0:1rnF68:RR7UIc2YPcdaENcxEgDoT5kcQlXQS7p8rmFguYzRDQ4" style="max-width:18px" width="18"/>
<strong style="color:#000">
Say “aw”:
</strong>
A
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
letter to the editor
</a>
that will restore your faith in book reviews (and maybe humanity).
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk4MDI2Nn0:1rnF68:4dXDbO6efftn0l5i_AxCPT-R1AoK9whleH5QiCf_psM" style="max-width:18px" width="18"/>
<strong style="color:#000">
Zip it:
</strong>
Boring is back, and you always need another Morning Brew
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
zip-up hoodie
</a>
.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
<img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTEwMTQ3NTIuOTk4MTIzMn0:1rnF68:s3WrZwpcspEjAw1-iAt3ApbxX7tdtlec2nwvmV58FBA" style="max-width:18px" width="18"/>
Shoot + score:
</strong>
Watch your fave teams play at home and away with
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
AT&T In-car Wi-Fi
</a>
. Stream music, video, games, and more from just about anywhere.
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Get a free four-day trial
</a>
.*
</p>
<placementslot data-id="e2735ce811d4">
</placementslot>
<placementslot data-id="2d5e0692fe82">
</placementslot>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<sup>
<em>
*A message from our sponsor.
</em>
</sup>
</p>
</div>
</td>
</tr>
</table>
</th>
</tr>
</table>
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<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
GAMES
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<h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
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The puzzle section
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<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<strong style="color:#000">
Brew Mini:
</strong>
Thaw out from winter with today’s seasonal Mini.
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Play it here
</a>
.
</p>
<h2 style="font-family:Helvetica, Arial, sans-serif;font-size:19px;font-weight:700;color:#000;margin-top:0;margin-bottom:15px;margin-right:0;margin-left:0">
Three Headlines and a Lie
</h2>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Three of these headlines are real, and one is faker than photos in your Facebook newsfeed. Can you spot the odd one out?
</p>
<ol>
<li style="line-height:22px;margin-bottom:10px">
<span>
Blowhole the sled dog became a social media star—but was he a
</span>
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
criminal
</a>
</span>
<span>
first?
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
Cambodia
</span>
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
cracks down
</a>
</span>
<span>
on musical car horns to avoid ‘anarchy in the streets’
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
1,800-year-old Roman statue
</span>
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
discovered
</a>
</span>
<span>
in parking lot
</span>
</li>
<li style="line-height:22px;margin-bottom:10px">
<span>
World’s smallest coffee shop doesn’t sell
</span>
<span>
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
iced coffee
</a>
</span>
<span>
because ‘ice takes up too much space‘
</span>
</li>
</ol>
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<h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
SHARE THE BREW
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Share Morning Brew
</a>
with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px;margin-bottom:15px;line-height:22px;">
We’re saying we’ll give you free stuff and more friends if you share a link. One link.
</p>
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<b>
Your referral count:
</b>
0
</p>
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Click to Share
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Or copy & paste your referral link to others:
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morningbrew.com/daily/r/?kid=979c4554
</a>
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ANSWER
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We made up the one about the tiny coffee shop.
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
<span style="text-decoration:underline">
Word of the Day
</span>
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Today’s Word of the Day is: subpoenaed, meaning “summoned by a writ of subpoena, which requires a person to appear in court.” Thanks to Alyssa from San Diego for responding to our summons for a suggestion. Submit another
<a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
Word of the Day here
</a>
.
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<strong style="color:#000">
✢ A Note From AT&T In-car Wi-Fi
</strong>
</p>
<p style="line-height:22px;margin-top:0;margin-bottom:15px">
Based on independent third-party data. Requires eligible car and wireless service plan. Additional restrictions apply.
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