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@Tahmid-Ahanaf
Created May 16, 2025 16:55
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<!doctypehtml><html xmlns=https://www.w3.org/1999/xhtml xmlns:o=urn:schemas-microsoft-com:office:office xmlns:v=urn:schemas-microsoft-com:vml><head><meta content=IE=edge http-equiv=X-UA-Compatible><meta content="text/html; charset=UTF-8"http-equiv=Content-Type><meta content=width=device-width,initial-scale=1 name=viewport><title>Healthcare Brew // Morning Brew // Update</title><!--[if mso]><style data-roadie-ignore='' type='text/css'>
body, table, tr, td, h1, h2, h3, h4, p, a, span{font-family: Arial, Helvetica, sans-serif;}.stb-ref-count{background-color: issue.primary_color;}.link{color: issue.primary_color !important; text-decoration: underline !important;}.disclaimer{font-size:8px;}
</style><![endif]--><style>@media only screen and (max-width:600px){.c6{margin-left:2px!important;margin-right:2px!important}.stock-bubble-header,.stock-bubble-subtext{font-size:14px!important}body{margin-left:1px!important;margin-right:1px!important}.clear{text-align:center!important;width:100%!important;display:block!important}.clear p{margin-top:0!important;margin-bottom:2px!important}.clear img{width:160px!important}.img-responsive{display:block;width:100%!important}.ticker{text-align:center!important;width:40%!important}.symbol{text-align:center!important;margin:0 auto!important;display:block!important}.pads10{padding-left:15px!important;padding-right:15px!important}.pads6m{padding-left:6px!important;padding-right:6px!important}.w30{width:30%!important}.stock-bubble-header,.stock-bubble-subtext{font-size:14px!important}.markets-table-text{font-size:15px!important}.markets-ticker-cell{width:28%!important}.markets-value-cell{width:32%!important}.markets-bubble-cell{width:28%!important}.markets-bubble{width:85%!important}.markets-arrow{width:30%!important}.survey-title{padding-bottom:0!important}a.survey-option{margin-bottom:10px;font-size:12px!important}}@media screen and (max-width:370px){.stock-bubble-header,.stock-bubble-subtext{font-size:12px!important}.pad5m{padding:5px!important}.pcard370{padding:6px!important}.pcard370 h3{padding:8px!important}.stock-bubble-header,.stock-bubble-subtext{font-size:12px!important}.markets-table-text{font-size:15px!important}.markets-bubble{width:95%!important}.markets-arrow{width:35%!important}}@media only screen and (max-width:600px){body{margin-left:1px!important;margin-right:1px!important}.clear{text-align:center!important;width:100%!important;display:block!important}.clear p{margin-top:0!important;margin-bottom:2px!important}.clear img{width:160px!important}.c6{margin-left:2px!important;margin-right:2px!important}.ticker{text-align:center!important;width:40%!important}.symbol{text-align:center!important;margin:0 auto!important;display:block!important}.mso-symbol{text-align:center!important;margin:0 auto!important;display:inline-block!important}}@media screen and (max-width:370px){.pad5m{padding:5px!important}.pcard370{padding:6px!important}.pcard370 h3{padding:8px!important}}</style></head><body style=margin:0><table style="border-collapse:collapse;border-collapse:collapse;table-layout:fixed;margin:0 auto;display:none"><tr><td>CRISPR-fueled medicine has lofty goals.</td></tr></table><div class="core_hidden oslo_hidden"style=display:none!important><a href="http://www.morningbrew.com"><img src="https://link.morningbrew.com/img/5e2664f87ace5a708e769267nquuc.g5u/1196e8ad.gif" alt="" border="0" /></a> <img alt=Advertisement attributionsrc border=0 height=1 src=https://ad.doubleclick.net/ddm/trackimp/N447608.3407870MORNINGBREW/B32247747.419820553;dc_trk_aid=612567433;dc_trk_cid=234030745;ord=50629222;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;gdpr=%24;gdpr_consent=%24;gpp=%24;gpp_sid=%24;ltd=;dc_tdv=1? width=1></div><table bgcolor=#ffffff border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td><!--[if (gte mso 9)|(IE)]><table width="670" align="center" cellpadding="0" cellspacing="0" style="border: 0; width: 670px;" role="Presentation">
<tr>
<td><!-- <![endif]--> <div style="max-width:670px;margin:0 auto;display:block"><!-- HEADER --><!--[if !mso]> <!- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class="header-container card pcard"style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;padding:15px;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"><!-- NEW HEADER --> <table border=0 cellpadding=0 cellspacing=0 class=header-links-container style=border-collapse:collapse;color:#000;font-family:Arial,Helvetica,sans-serif;font-size:12px width=100%><!-- NEW HEADER --><tr><td class=column-left>May 16, 2025</td><td class="column-right core_hidden"style=text-align:right><a class=header-link href=https://links.morningbrew.com/c/zhR?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=color:#000;text-decoration:none target=_blank>View Online</a> | <a class=header-link href=https://links.morningbrew.com/c/sKn?kid=283aba26&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=color:#000;text-decoration:none target=_blank>Sign Up</a></td></tr></table> <table border=0 class=nl-logo-container style=border-collapse:collapse;margin-bottom:18px width=100%><tr><td align=center class=logo style=padding-top:25px><a href=https://links.morningbrew.com/c/6WF?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank><img alt="Healthcare Brew"style="max-width:revert;border-radius:8px;width:100%;margin:0 auto;display:block"src=https://cdn.sanity.io/images/bl383u0v/production/859a22a2f51a5c03d8f370b497e00c7a828aea18-1350x330.png?w=900&fit=max width=670> </a></td></tr></table> <table style="border-collapse:collapse;border-collapse:revert;margin:0 auto"align=center border=0 class=primary-sponsor-container><tr><td class="clear sponsor-text"align=right valign=middle><p style=color:#000;text-transform:uppercase;margin-top:15px;margin-bottom:15px;padding-right:8px;font-family:Helvetica,Arial,sans-serif;font-size:13px;font-weight:700;line-height:22px>Presented By</p></td><td class="sponsor-logo clear"style=border-bottom:none!important><a href=https://links.morningbrew.com/c/yGz?lp=logo&mbadid=1fb9c736972389c5b34d2d941037bd6e&mbadv=a&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border-botton:none!important target=_blank><img alt="The Wall Street Journal"src=https://cdn.sanity.io/images/bl383u0v/production/c2dc1d9fdabf561b84275754459ff11fb1335f35-182x192.png?w=166&q=100&auto=format style=vertical-align:middle;width:100%;max-width:83px;display:inline width=83></a></td></tr></table> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=top-blurb-container style=padding-top:20px><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Hello there, Friday.</strong> The headlines just kept coming this week. We hope you didn’t miss the news that drug overdose deaths fell about 27% in 2024 to reach 80,391. Preliminary data from the CDC’s National Center for Health Statistics estimates 2024 may have had the fewest drug overdose deaths since 2019. There’s a lot of work still to do, but we seem to be headed in a positive direction.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>In today’s edition:</strong></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><img alt src=https://em-content.zobj.net/thumbs/120/apple/237/dna-double-helix_1f9ec.png style=max-width:18px width=18> <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zhS?mblid=46324c170481&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>CRISPR, 25 years later</a></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><img alt src=https://em-content.zobj.net/thumbs/120/apple/237/money-with-wings_1f4b8.png style=max-width:18px width=18> <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zhT?mblid=54ff145d7849&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>CMS’s drug pricing update</a></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><img alt src=https://em-content.zobj.net/thumbs/120/apple/237/hospital_1f3e5.png style=max-width:18px width=18> <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zhU?mblid=cb5204edc5b9&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>April’s hospital M&A news</a></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><em>—Caroline Catherman, Maia Anderson, Cassie McGrath</em></p></td></tr></table></td></tr></table><!--[if !mso]> <! -- --></div><!-- <![endif]--><!-- END HEADER --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#4e70cf;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>GENE EDITING</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zhS?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>CRISPR’s future </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zhS?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="A researcher performs a CRISPR/Cas9 process at the Max-Delbrueck-Centre for Molecular Medicine in 2018."src=https://cdn.sanity.io/images/bl383u0v/production/68f75874ec9ab66f9f75afbe6be114a1e446448b-1500x1000.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Picture Alliance/Getty Images</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px>CRISPR‑Cas9, a gene-editing tool originally part of bacterial immune defense, has been used for everything from a “de-extinction” of <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zhV?mblid=45cfbd3baa2c&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>dire wolves</a> to the creation of human-compatible pig organs to the controversial—and <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zhW?mblid=42caeac416e8&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>illegal</a>—birth of gene-edited babies.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>In 2023, the <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zhX?mblid=443e8aecdb36&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>FDA approved</a> the first-ever CRISPR-based medicine, exagamglogene autotemcel (brand name Casgevy), to treat sickle cell anemia. Beyond that, there are dozens of <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zhY?mblid=7e2e6e03810b&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>gene-editing trials</a> that use CRISPR in treatments for other conditions like chronic Hepatitis B, lymphoma, and urinary tract infections.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>All this happened relatively quickly after researchers Jennifer Doudna and Emmanuelle Charpentier, who submitted the first CRISPR patent in 2012, published a landmark paper that same year describing how clustered regularly interspaced short palindromic repeats (CRISPRs) and CRISPR-associated Protein 9 could be repurposed as “programmable DNA scissors,” kickstarting a <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zhZ?mblid=edfa0c24da35&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>genetic revolution</a>.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>“It’s really a ‘before and after’ in the history of humankind,” Isabel Esain Garcia, a postdoctoral researcher in Doudna’s lab at the University of California, Berkeley, told Healthcare Brew. “I definitely think that the future is going to be CRISPR-based clinical [applications].”</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000><a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zhS?mblid=2fde1b206097&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Check out the latest installment in our Quarter Century Project here</a>.</strong><em>—CC</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/zh-?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zh_?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zi0?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#4e70cf;text-transform:uppercase;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>Presented By The Wall Street Journal</h3></div> <div style="padding:0 15px"class=title-container><h1 style=color:#333;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/yGz?lp=title&mbadid=1fb9c736972389c5b34d2d941037bd6e&mbadv=a&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=text-decoration:none;color:#000!important;border-bottom:none!important target=blank><strong style=color:#000>Industry insights are in sight</strong></a></h1></div> <a href=https://links.morningbrew.com/c/yGz?lp=image&mbadid=1fb9c736972389c5b34d2d941037bd6e&mbadv=a&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="The Wall Street Journal"class=sponsored-header-image src=https://cdn.sanity.io/images/bl383u0v/production/d1694579cd5aac0cbac24b2d8c16175e7c607c21-1200x628.png?w=668&q=90&auto=format style=width:100%;max-width:670px;padding-top:15px;display:block width=670></a> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td class="sponsored-body content-container story-content"style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px>Healthcare pros need access to trusted journalism across the life sciences, health, and medical tech industries to stay informed and on their game.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Want to help your team stay up-to-date? Start with <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/yGz?lp=text1&mbadid=1fb9c736972389c5b34d2d941037bd6e&mbadv=a&mblid=c68845c53f55&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>the Wall Street Journal</a>.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Innovation moves fast, and healthcare regulations can change on a dime. The Wall Street Journal provides you with the information you need to stay ahead of regulatory changes, policy updates, and emerging global trends.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>WSJ makes it easy to provide <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/yGz?lp=text2&mbadid=1fb9c736972389c5b34d2d941037bd6e&mbadv=a&mblid=a82f29be7981&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>centralized access to content</a> across your organization. Your team can stay informed and inspired by checking out award-winning journalism and 40+ newsletters via mobile app and desktop.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/yGz?lp=text3&mbadid=1fb9c736972389c5b34d2d941037bd6e&mbadv=a&mblid=c50e2d783615&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Empower your team with the world’s latest news</a>.</p></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#4e70cf;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>DRUG PRICING</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zhT?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>Switch it up </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zhT?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="Drug price increase CFO"src=https://cdn.sanity.io/images/bl383u0v/production/6efa4b62ebf062c7c388c62d30ccdbb828afe85f-1500x1000.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Francis Scialabba</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px>The Medicare drug price <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/vBA?mblid=2279e4573bd5&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>negotiation program</a> is likely going to look a bit different for round three.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>The program, which was established under the 2022 <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/sKp?mblid=81f0377657d1&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Inflation Reduction Act</a> (IRA), allows the Centers for Medicare and Medicaid Services (CMS) to directly negotiate prices for a set number of Medicare Part D drugs with <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/vbm?mblid=f48becf02350&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>pharmaceutical manufacturers</a>.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>The first round of negotiated prices was <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/okB?mblid=3cd1aea708cb&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>released</a> in August 2024 and is scheduled to go into effect Jan. 1, 2026. The list of the next 15 drugs slated for negotiations was <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/vbp?mblid=cb1713fde980&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>unveiled</a> in January, with new prices set to take effect in 2027.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>While the first two rounds included only Part D drugs, CMS issued draft guidance on May 12 saying it plans to include for the first time Part B drugs (which are administered by doctors in a clinic or hospital), and that it wants to renegotiate prices for some drugs from the first two rounds. Part B drugs and renegotiations are both required under the IRA.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000><a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zhT?mblid=a66d9a0df677&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Here’s the latest on CMS’s drug price (re)negotiations</a>.</strong><em>—MA</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/zi1?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zi2?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zi3?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#4e70cf;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>HOSPITALS</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zhU?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>Signed and Scrubbed </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zhU?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="Hospital building split in half collaged with briefcase and $100 bill. Credit: Illustration: Anna Kim, Photos: Adobe Stock."src=https://cdn.sanity.io/images/bl383u0v/production/c6235b907234444433df14e6b88eb7efa6ed84c3-1500x1000.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Illustration: Anna Kim, Photos: Adobe Stock</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px>Welcome back to Signed and Scrubbed, a monthly roundup of hospital deals and bankruptcies.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>In April, <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zi4?mblid=1ad70406758c&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Modern Healthcare reported</a> Q1 2025 hit a record low for hospital mergers and acquisitions—the lowest a quarterly figure has been in the last decade—<a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/yV4?mblid=f470cf4b8b67&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>citing tariffs</a>, <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/y6H?mblid=9e14961a4d90&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>federal funding cuts</a>, and regulatory issues.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Despite that, we still compiled hospital news of note from April. Here’s the rundown.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Ascension. </strong>Two subsidiaries under the St. Louis-based parent health system closed deals last month<strong style=color:#000>.</strong> On April 8, Ascension Saint Thomas announced it would partner with metabolic care provider PathPoint Health to open two care centers in Tennessee to support patients with conditions like diabetes and obesity. Then on April 15, Ascension Seton announced it would take full ownership of 126-bed Cedar Park Regional Medical Center in Cedar Park, Texas, in a $460 million deal.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000><a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zhU?mblid=b15ca3f16eaa&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>See the full April roundup here</a>.</strong><em>—CM</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/zi5?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zi6?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zi7?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#4e70cf;text-transform:uppercase;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>Together With Explore Minnesota</h3></div> <a href=https://links.morningbrew.com/c/z1p?lp=image&mbadid=ada0d566f1009e73ad870d62873ea709&mbadv=a&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank> <!--[if mso]>
<img class="sponsored-header-image" alt="Explore Minnesota" style="display: block; width: 100%; max-width: 670px;" width="670" height="503" src="https://storage.morningbrew.com/gif/2025-05-06/image-61a8b82e6f3095e3d1423583f05e846f26d40fd7-1000x750-gif/ExploreMinnesotaImage.gif">
<![endif]--> <!--[if !mso]>--><!-- --> <img alt="Explore Minnesota"class=sponsored-header-image src=https://storage.morningbrew.com/gif/2025-05-06/image-61a8b82e6f3095e3d1423583f05e846f26d40fd7-1000x750-gif/ExploreMinnesotaImage.gif style=width:100%;max-width:670px;padding-top:15px;display:block width=670> <!--<![endif]--> </a> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td class="sponsored-body content-container story-content"style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>America’s least-stressed state.</strong> <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/z1p?lp=text1&mbadid=ada0d566f1009e73ad870d62873ea709&mbadv=a&mblid=5af99ae1495d&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Minnesota</a> blends big-city living with easy access to nature. Get from thriving metropolitan hubs to scenic natural spots in less than 30 minutes. Plus, find some of the best quality of life and world-class healthcare. <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/z1p?lp=text2&mbadid=ada0d566f1009e73ad870d62873ea709&mbadv=a&mblid=34326bfa9137&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Learn more about the Star of the North</a>.</p></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --> <!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#4e70cf;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>VITAL SIGNS</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><div class=header-image-container style=padding-top:15px><img alt="A laptop tracking vital signs is placed on rolling medical equipment."src=https://cdn.sanity.io/images/bl383u0v/production/ab9536b92b7ca35e9f1889b3ad7373588ace4cd6-1500x1000.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Francis Scialabba</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><div><p style=margin-top:0;margin-bottom:15px;line-height:22px><em>Today’s top healthcare reads.</em></p><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Stat:</strong> $159.4 million. That’s the total paid out to six CEOs at the country’s top payers in 2024. (<a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zi8?mblid=211856552d41&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Fierce Healthcare</a>)</p><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Quote:</strong> “They couldn’t make the economics work quickly. Changing the way Americans receive healthcare services just looks like a very long slog.”—Julie Utterback, senior equity analyst at investment research firm Morningstar, on big retail chain investments in clinical care (<a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zi9?mblid=f673c2ec5e28&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Modern Healthcare</a>)</p><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Read: </strong>Could California’s experiment with near-universal healthcare be nearing its end?<strong style=color:#000> </strong>(<a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zia?mblid=404a0612b869&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>KFF Health News</a>)</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>What’s new:</strong> Stay ahead of regulatory changes, policy updates, and evolving market trends with reporting from <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/yGz?mblid=0347d4b65d4e&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>the Wall Street Journal</a>. Gain access to the latest stories across life sciences, healthcare, and medical tech <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/yGz?mblid=e40c9c6eb570&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>here</a>.*</p><placementslot data-id=91c594c9e260></placementslot><placementslot data-id=2d1620933718></placementslot><p style=margin-top:0;margin-bottom:15px;line-height:22px><sup><em>*A message from our sponsor.</em></sup></p></div></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --> <!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#4e70cf;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>JOBS</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=card-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px>Be part of something bigger than job boards. <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/iVP?mblid=8de8717e84f6&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>CollabWORK</a> taps into niche communities and newsletters like Healthcare Brew to connect you with relevant opportunities. Expand your network and discover roles that are just right for you—<a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/sC9?mblid=d2a567283da5&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>click here</a> to see jobs selected for Healthcare Brew.</p> <ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zir?mblid=f3fa71582aca&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Executive Director, Medical Affairs at a biotech company</a></span><span> (hybrid)</span></li><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zis?mblid=eb1b26e6d393&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Executive Director, Clinical Pharmacology at an undisclosed organization</a></span><span> (hybrid)</span></li><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zit?mblid=0015ea320a70&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Director, Clinical Pharmacology at a biotech company</a></span><span> (in person)</span></li></ul></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#4e70cf;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>EVENTS</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zib?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>AI will see you now </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zib?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="Morning Brew events photo"src=https://cdn.sanity.io/images/bl383u0v/production/683bed2552737b53144e72ee03fd67c66ed4276a-3000x2000.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Morning Brew</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px>Join us and Project Management Institute on May 22 to explore how AI and automation are reshaping healthcare. From reducing burnout to integrating emerging tech, <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/zib?mblid=6e6f9bd023a0&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>hear how experts</a> are navigating the future of care—no scrubs required.</p></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class="c6 core_hidden"style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#4e70cf;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>SHARE THE BREW</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=card-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px><a style="color:#252525;border-bottom:2px solid #527bbc;text-decoration:none"class=link href=https://links.morningbrew.com/c/6WR?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Share Healthcare Brew</a> with your coworkers, acquire free Brew swag, and then make new friends as a result of your fresh Brew swag.</p> <p style=margin-top:0;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> <a href=https://links.morningbrew.com/c/6WR?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR> <p style=margin-top:15px;margin-bottom:15px;line-height:22px><!--[if mso]>
<img src="https://cdn.sanity.io/images/bl383u0v/production/e8c0d668fd2ce584105a14629f9409b29ddffc91-3840x2160.png?w=640&q=60" class="img-responsive" width="640" style="max-width: 640px; width: 100%;" alt="Click here to get free swag.">
<![endif]--> <!--[if !mso]>--><!-- --> <img class=img-responsive src=https://cdn.sanity.io/images/bl383u0v/production/e8c0d668fd2ce584105a14629f9409b29ddffc91-3840x2160.png?w=640&q=60 style=width:100%;max-width:640px;display:block;width:100%!important width=640> <!--<![endif]--></p></a> <p style=margin-top:15px;margin-bottom:15px;line-height:22px><b>Your referral count:</b> 3</p> <a class=stb-btn href=https://links.morningbrew.com/c/6WR?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#fff;text-align:center;background-color:#3f3f3f;border-radius:4px;width:100%;max-width:150px;padding:15px;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:900;text-decoration:none;display:block;margin-top:inherit!important;margin-bottom:inherit!important;margin-right:inherit!important;margin-left:inherit!important>Click to Share</a><p style=margin-top:15px;margin-bottom:15px;line-height:22px>Or copy & paste your referral link to others:<br><!--if [mso]><br><![endif]--><a style="color:#252525;border-bottom:2px solid #527bbc;text-decoration:none"class=link href=https://links.morningbrew.com/c/7tb?kid==283aba26&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>https://www.healthcare-brew.com/r?kid=283aba26</a></p></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><table bgcolor=#4E70CF border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style="text-align:center;padding:10px 0;font-size:21px"><a href=https://links.morningbrew.com/c/wy?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/365b8a21162a71a71c4190f5b1b6e2acd45a212f-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/wz?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/bc850f15719e478323219cbfe24640074ab0c306-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/wA?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/4be3fbb7e388adf000065f63e01e069db9fdd60a-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/wB?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/6af774b2e94fc201bff9ad736da144c7f1f8468a-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/49_?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/ccfbd021e2000f116305d0f75c4e95dbdb2996ba-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/wD?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/56835eaa4b1e8e7314950c4862d5dfccc9fc410c-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a></td></tr></table><!-- FOOTER --><table bgcolor=#E9EBF7 border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style="text-align:left;border-bottom:1px solid #c0c3cc;padding:15px;font-family:Arial,Helvetica,sans-serif;font-size:15px"align=left class=footer-top><p style=margin-top:0;margin-bottom:15px;line-height:22px>Written by <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/sKE?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Caroline Catherman</a>, <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/sPb?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Maia Anderson</a>, and <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/sKF?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Cassie McGrath</a></p> <p style=margin-top:0;margin-bottom:15px;font-style:italic;line-height:22px>Was this email forwarded to you? Sign up <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/sKG?kid=283aba26&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>here</a>.</p> <div class=core_hidden> <ul style=margin-top:0;padding-left:30px> <li style=margin-bottom:0;line-height:22px><span> Corporate: </span><span><a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/yJ8?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Revenue Brew</a></span><span> </span></li> </ul> <p style=margin-top:0;margin-bottom:0;line-height:22px><strong style=color:#000;font-size:17px> Get smarter in just 5 minutes </strong></p> <ul style=margin-top:0;padding-left:30px> <li style=margin-bottom:0;line-height:22px><span> Money & Career: </span><span><a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/s6z?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Money With Katie</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/s6A?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Bossy</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/s6B?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Brew Markets</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/s6C?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>The Playbook</a></span><span> </span></li> </ul><p style=margin-top:0;margin-bottom:0;line-height:22px><strong style=color:#000;font-size:17px> Interested in podcasts? </strong></p><ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span> Check out ours </span><span><a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/s6D?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>here</a></span></li></ul></div></td></tr><tr><td align=center style=color:#79787d;padding:15px;font-family:Arial,Helvetica,sans-serif;font-size:12px><a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/wYY?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>ADVERTISE</a> // <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/wYZ?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>CAREERS</a> // <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/6X1?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR>SHOP</a> // <a style="color:#333;border-bottom:2px solid #4e70cf;text-decoration:none"class=link href=https://links.morningbrew.com/c/6X3?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>FAQ</a> <br> <br> Update your email preferences or unsubscribe <a class="link mwk-footer-link"style="color:#4e70cf;border-bottom:2px solid #4e70cf;text-decoration:none"href=https://links.morningbrew.com/c/7sN?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&bid=39884196&mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>here</a>. <br> View our privacy policy <a class="link mwk-footer-link"style="color:#4e70cf;border-bottom:2px solid #4e70cf;text-decoration:none"href=https://links.morningbrew.com/c/6X4?mbcid=39884196.20946&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>here</a>. <br> <br> Copyright © 2025 Morning Brew Inc. All rights reserved. <br> 22 W 19th St, 4th Floor, New York, NY 10011</td></tr></table><!-- END FOOTER --></div> <!--[if (gte mso 9)|(IE)]> <!- --></td></tr></table><!-- <![endif]--></body></html>
<!doctypehtml><html xmlns=https://www.w3.org/1999/xhtml xmlns:o=urn:schemas-microsoft-com:office:office xmlns:v=urn:schemas-microsoft-com:vml><head><meta content=IE=edge http-equiv=X-UA-Compatible><meta content="text/html; charset=UTF-8"http-equiv=Content-Type><meta content=width=device-width,initial-scale=1 name=viewport><title>Retail Brew // Morning Brew // Update</title><!--[if mso]><style data-roadie-ignore='' type='text/css'>
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</style><![endif]--><style>@media only screen and (max-width:600px){.c6{margin-left:2px!important;margin-right:2px!important}body{margin-left:1px!important;margin-right:1px!important}.clear{text-align:center!important;width:100%!important;display:block!important}.clear p{margin-top:0!important;margin-bottom:2px!important}.clear img{width:160px!important}.img-responsive{display:block;width:100%!important}.ticker{text-align:center!important;width:40%!important}.symbol{text-align:center!important;margin:0 auto!important;display:block!important}.pads10{padding-left:15px!important;padding-right:15px!important}.pads6m{padding-left:6px!important;padding-right:6px!important}.w30{width:30%!important}.stock-bubble-header,.stock-bubble-subtext{font-size:14px!important}.markets-table-text{font-size:15px!important}.markets-ticker-cell{width:28%!important}.markets-value-cell{width:32%!important}.markets-bubble-cell{width:28%!important}.markets-bubble{width:85%!important}.markets-arrow{width:30%!important}.survey-title{padding-bottom:0!important}a.survey-option{margin-bottom:10px;font-size:12px!important}}@media screen and (max-width:370px){.pad5m{padding:5px!important}.pcard370{padding:6px!important}.pcard370 h3{padding:8px!important}.stock-bubble-header,.stock-bubble-subtext{font-size:12px!important}.markets-table-text{font-size:15px!important}.markets-bubble{width:95%!important}.markets-arrow{width:35%!important}}@media only screen and (max-width:600px){body{margin-left:1px!important;margin-right:1px!important}.clear{text-align:center!important;width:100%!important;display:block!important}.clear p{margin-top:0!important;margin-bottom:2px!important}.clear img{width:160px!important}.c6{margin-left:2px!important;margin-right:2px!important}.ticker{text-align:center!important;width:40%!important}.symbol{text-align:center!important;margin:0 auto!important;display:block!important}.mso-symbol{text-align:center!important;margin:0 auto!important;display:inline-block!important}}@media screen and (max-width:370px){.pad5m{padding:5px!important}.pcard370{padding:6px!important}.pcard370 h3{padding:8px!important}}</style></head><body style=margin:0><table style="border-collapse:collapse;border-collapse:collapse;table-layout:fixed;margin:0 auto;display:none"><tr><td>Lush doubles down on DEI.</td></tr></table><div class="core_hidden oslo_hidden"style=display:none!important><a href="http://www.morningbrew.com"><img src="https://link.morningbrew.com/img/5e2664f87ace5a708e769267nr8a3.pbu/0cf50d17.gif" alt="" border="0" /></a> </div><table bgcolor=#ffffff border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td><!--[if (gte mso 9)|(IE)]><table width="670" align="center" cellpadding="0" cellspacing="0" style="border: 0; width: 670px;" role="Presentation">
<tr>
<td><!-- <![endif]--> <div style="max-width:670px;margin:0 auto;display:block"><!-- HEADER --><!--[if !mso]> <!- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class="header-container card pcard"style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;padding:15px;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"><!-- NEW HEADER --> <table border=0 cellpadding=0 cellspacing=0 class=header-links-container style=border-collapse:collapse;color:#000;font-family:Arial,Helvetica,sans-serif;font-size:12px width=100%><!-- NEW HEADER --><tr><td class=column-left>May 16, 2025</td><td class="column-right core_hidden"style=text-align:right><a class=header-link href=https://links.morningbrew.com/c/zlP?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=color:#000;text-decoration:none target=_blank>View Online</a> | <a class=header-link href=https://links.morningbrew.com/c/sKa?kid=283aba26&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=color:#000;text-decoration:none target=_blank>Sign Up</a></td></tr></table> <table border=0 class=nl-logo-container style=border-collapse:collapse;margin-bottom:18px width=100%><tr><td align=center class=logo style=padding-top:25px><a href=https://links.morningbrew.com/c/6OA?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank><img alt="Retail Brew"style="max-width:revert;border-radius:8px;width:100%;margin:0 auto;display:block"src=https://cdn.sanity.io/images/bl383u0v/production/b601afbccc9247211832856445027dd479eb939d-1350x330.png?w=900&fit=max width=670> </a></td></tr></table> <table style="border-collapse:collapse;border-collapse:revert;margin:0 auto"align=center border=0 class=primary-sponsor-container><tr><td class="clear sponsor-text"align=right valign=middle><p style=color:#000;text-transform:uppercase;margin-top:15px;margin-bottom:15px;padding-right:8px;font-family:Helvetica,Arial,sans-serif;font-size:13px;font-weight:700;line-height:22px>Presented by </p></td><td class="sponsor-logo clear"style=border-bottom:none!important><a href=https://links.morningbrew.com/c/zlo?lp=logo&mbadid=6b9adcf122c07d239dc2ad42bacd5885&mbadv=a&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border-botton:none!important target=_blank><img alt="Chase for Business"src=https://cdn.sanity.io/images/bl383u0v/production/86a928a2af7eb0bb124e8f0778e6bb9562870de3-300x105.webp?w=260&q=100&auto=format style=vertical-align:middle;width:100%;max-width:130px;display:inline width=130></a></td></tr></table> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=top-blurb-container style=padding-top:20px><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Hello, it’s Friday.</strong> And if you’re concerned about price hikes that extend from <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlQ?mblid=ba358a5a874a&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Walmart</a> to Birkenstock, join the club. One expert told the Wall Street Journal, “The worst is yet to come.”</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>In today’s edition:</strong></p> <ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlR?mblid=685d23535764&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>While Target pulls back on DEI, Lush is doubling down</a></span></li><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlS?mblid=0550ec96e691&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Investigation finds Kroger is overcharging shoppers for some items</a></span></li><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlT?mblid=0296a20a6a63&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Amazon flaunts its size in second-ever upfront</a></span></li></ul> <p style=margin-top:0;margin-bottom:15px;line-height:22px><em>—Jeena Sharma, Erin Cabrey, Katie Hicks</em></p></td></tr></table></td></tr></table><!--[if !mso]> <! -- --></div><!-- <![endif]--><!-- END HEADER --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#d4295c;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>BEAUTY</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zlR?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>Beauty…EI </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zlR?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="Lush bathbomb 'Diversity'"src=https://cdn.sanity.io/images/bl383u0v/production/720603a0bd3f5273e61eb8abe6df1e5562a7005b-908x908.webp?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Lush</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px>While major retailers like <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zaH?mblid=d3b2f0a388c6&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Target</a> and <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/sM2?mblid=a9554b5a4de8&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Walmart</a> have scaled back on their commitment to diversity, equity, and inclusion (DEI), cosmetics brand Lush temporarily renamed three of its bath bombs as “Diversity,” “Equity,” and “Inclusion,” doubling down its own commitment.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>“A lot of us had a reaction, especially leading up to the executive order, where, at first it felt like it’s a shame to see, especially when we look at the power and the ability and the influence that corporations have to not just on their customers’ lives, but their staff’s lives, and the benefits that come from having an intentional, allocated DEI program on the staff experience,” Amanda Lee Sipenock Fisher, lead of Lush’s Diversity, Equity, Inclusion, and Belonging program, told Retail Brew. “It was a really crucial moment to just reconfirm, especially in a moment of uncertainty and change to say, ‘Oh no…we’re staying the course,’ especially as those [others] are rolling back.”</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>She added that for the British retailer known for its handmade and cruelty-free range of bath, hair, and skin care products, diversity is part of the brand’s DNA and if anything, the executive order only encouraged the company to amp up its efforts.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Currently, DEI programs within the company guide practices such as hiring, resource groups, and employee development. The retailer also recently had a month-long partnership with nonprofit KultureCity on sensory accessibility and acceptance. It is additionally working on implementing new learnings focusing on essential tools to deal with microaggressions and culturally insensitive comments in the workplace.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlR?mblid=0d75706cf200&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank><strong>Keep reading here.</strong></a><em>—JS</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/zlU?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zlV?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zlW?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#d4295c;text-transform:uppercase;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>Presented by Chase for Business</h3></div> <div style="padding:0 15px"class=title-container><h1 style=color:#333;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zlo?lp=title&mbadid=6b9adcf122c07d239dc2ad42bacd5885&mbadv=a&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=text-decoration:none;color:#000!important;border-bottom:none!important target=blank><strong style=color:#000>(Success)ion planning</strong></a></h1></div> <a href=https://links.morningbrew.com/c/zlo?lp=image&mbadid=6b9adcf122c07d239dc2ad42bacd5885&mbadv=a&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="Chase for Business"class=sponsored-header-image src=https://cdn.sanity.io/images/bl383u0v/production/29e05e9426299b5320a9516251cbeb1d5ac39570-6307x4205.jpg?w=668&q=90&auto=format style=width:100%;max-width:670px;padding-top:15px;display:block width=670></a> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td class="sponsored-body content-container story-content"style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px>You’ve opened your dream business, whether it’s a coffee shop, a boutique, or a first-of-its-kind air-fryer emporium. But are you taking the necessary steps to plan for the future?</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Managing your business’s daily needs may take up much of your time, but planning for the long term is equally as important.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>That’s why Chase for Business offers support to small business owners with <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlo?lp=text1&mbadid=6b9adcf122c07d239dc2ad42bacd5885&mbadv=a&mblid=ed9a975162ba&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>resources and financial guidance</a> to help grow their businesses, plan for the future, and protect their legacies.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>You’ve put your heart into your biz. Make sure you’ve got resources that can support its long-term success every step along the way.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlo?lp=text2&mbadid=6b9adcf122c07d239dc2ad42bacd5885&mbadv=a&mblid=43c211a23bd4&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Start with Chase for Business</a>.</p></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#d4295c;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>STORES</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zlS?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>Price check </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zlS?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="Kroger grocery supermarket"src=https://cdn.sanity.io/images/bl383u0v/production/706a7d4f65bafc712cb9c83ef64ed4612752770a-6960x4640.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Jetcityimage/Getty Images</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px>Kroger shoppers have been unknowingly overcharged for items advertised as being discounted, according to an investigation by <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlX?mblid=6abb64fb3262&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Consumer Reports</a>, <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlY?mblid=695f84a85510&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>The Guardian</a>, and the <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlZ?mblid=9a5c4df60490&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Food & Environment Reporting Network</a>.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Across March, April, and May, the publications sent people to shop in 14 states and the District of Columbia at 26 Kroger stores and other banners it owns, like Harris Teeter, Fred Meyer, Fry’s, and Ralphs. These shoppers discovered that more than 150 grocery items, from Cheerios to dog food, had expired sales tags, and were on average $1.70, or 18.4%, more expensive than advertised. One-third of the labels were at least 10 days expired, while five were beyond 90 days.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>The reports claim the issues stem from staffing shortages, as the average numbers of employees working and hours worked have both dropped around 10% between 2019 and 2024 at these stores. Kroger said it is “inaccurate to say the company reduced standards or labor hours” in a statement published by the above publications that was also shared with Retail Brew.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlS?mblid=c79a5bf0940c&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank><strong>Keep reading here.</strong></a><em>—EC</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/zl-?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zl_?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zm0?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#d4295c;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>MARKETING</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zlT?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>Upfront row seat </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zlT?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="Amazon Studio execs appear onstage at Amazon's 2025 upfronts"src=https://cdn.sanity.io/images/bl383u0v/production/c3bcdbae5fe83f479c439f2df08ca80d1d6df658-8192x5464.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Amazon </em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px>For the second year in a row, Amazon joined the upfronts line-up and made the case to advertisers that bigger is, in fact, better.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Over the course of its nearly hour-and-a-half pitch Monday night, the company put its full platform suite on display, from Prime Video to Amazon Music, Wondery, Twitch, and Amazon MGM Studios, making the case that advertisers needn’t look anywhere else for all their advertising needs. The term “full funnel” came up more than a few times throughout the presentation to some presenters’ confusion. “I’m not sure what that even means,” Kansas City Chiefs player Travis Kelce told the audience.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>“Eighty-eight percent of [Prime] customers shop on Amazon, which means a product they saw on <em>Cross</em>…can be in their home the very next day,” Tanner Elton, VP of US ad sales, said onstage. “That is full funnel advertising.”</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlT?mblid=5b0c02a82f53&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank><strong>Keep reading here on Marketing Brew.</strong></a><em>—KH</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/ziH?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/ziI?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/ziJ?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --> <!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#d4295c;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>SWAPPING SKUS</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=card-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><div><p style=margin-top:0;margin-bottom:15px;line-height:22px><em>Today’s top retail reads.</em></p><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Taking off: </strong>Travel brand Away will sell its luggage at traditional outlets like Nordstrom and Amazon. (<a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zm1?mblid=b9ec610e3c47&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>the Wall Street Journal</a>)</p><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Bright spot: </strong>Restaurant chain Cava reported an increase in sales, despite rivals experiencing weaker consumer demand. (<a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zm2?mblid=35f88c331536&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Bloomberg</a>)</p><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Goes up in smoke: </strong>Government health budget cuts are crippling financial support for antismoking and vaping programs. (<a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zm3?mblid=5d9df17d0e81&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>the New York Times</a>)</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>It’s *your* business: </strong>A supportive ally can help you make the most of your small biz. <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlp?mblid=3949a51732c9&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Chase for Business</a> provides small business owners with resources and financial guidance to help them achieve <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlp?mblid=e5e776b7f1fb&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>long-term goals</a>.*</p><placementslot data-id=8dd5c859c3c7></placementslot><placementslot data-id=212148897ac5></placementslot><p style=margin-top:0;margin-bottom:15px;line-height:22px><sup><em>*A message from our sponsor.</em></sup></p></div></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --> <!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class="c6 core_hidden"style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#d4295c;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>SHARE THE BREW</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=card-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px><a style="color:#252525;border-bottom:2px solid #cc2049;text-decoration:none"class=link href=https://links.morningbrew.com/c/aMr?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Share Retail Brew</a> with your coworkers, acquire free Brew swag, and then make new friends as a result of your fresh Brew swag.</p> <p style=margin-top:0;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> <a href=https://links.morningbrew.com/c/aMr?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR> <p style=margin-top:15px;margin-bottom:15px;line-height:22px><!--[if mso]>
<img src="https://cdn.sanity.io/images/bl383u0v/production/e8c0d668fd2ce584105a14629f9409b29ddffc91-3840x2160.png?w=640&q=60" class="img-responsive" width="640" style="max-width: 640px; width: 100%;" alt="Click here to get free swag." />
<![endif]--> <!--[if !mso]>--><!-- --> <img class=img-responsive src=https://cdn.sanity.io/images/bl383u0v/production/e8c0d668fd2ce584105a14629f9409b29ddffc91-3840x2160.png?w=640&q=60 style=width:100%;max-width:640px;display:block;width:100%!important width=640> <!--<![endif]--></p></a> <p style=margin-top:15px;margin-bottom:15px;line-height:22px><b>Your referral count:</b> 3</p> <a class=stb-btn href=https://links.morningbrew.com/c/aMr?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#fff;text-align:center;background-color:#cc2049;border-radius:4px;width:100%;max-width:150px;padding:15px;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:900;text-decoration:none;display:block;margin-top:inherit!important;margin-bottom:inherit!important;margin-right:inherit!important;margin-left:inherit!important>Click to Share</a><p style=margin-top:15px;margin-bottom:15px;line-height:22px>Or copy & paste your referral link to others:<br><!--if [mso]><br><![endif]--><a style="color:#252525;border-bottom:2px solid #cc2049;text-decoration:none"class=link href=https://links.morningbrew.com/c/aMs?kid=283aba26&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>retailbrew.com/r/?kid=283aba26</a></p></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- DISCLAIMER --><!--[if !mso]> <! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><th style="text-align:left;color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:400;display:block"class=card><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td class=disclaimers-content style=padding:15px;font-size:10px><p style=margin-top:0;margin-bottom:15px;font-size:10px;line-height:10px><strong style=color:#000>✤ A Note From Chase for Business</strong></p> <span style=font-size:10px><p style=margin-top:0;margin-bottom:15px;line-height:22px>*<em>JPMorgan Chase Bank, N.A. Member FDIC.</em></p></span></td></tr></table></th></tr></table><!--[if !mso]><! -- --></div><!-- <![endif]--><!-- END DISCLAIMER --><table bgcolor=#D4295C border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style="text-align:center;padding:10px 0;font-size:21px"><a href=https://links.morningbrew.com/c/nk?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/365b8a21162a71a71c4190f5b1b6e2acd45a212f-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/nl?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/bc850f15719e478323219cbfe24640074ab0c306-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/nm?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/4be3fbb7e388adf000065f63e01e069db9fdd60a-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/nn?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/6af774b2e94fc201bff9ad736da144c7f1f8468a-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/4d8?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/ccfbd021e2000f116305d0f75c4e95dbdb2996ba-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/no?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/56835eaa4b1e8e7314950c4862d5dfccc9fc410c-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a></td></tr></table><!-- FOOTER --><table bgcolor=#E9EBF7 border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style="text-align:left;border-bottom:1px solid #c0c3cc;padding:15px;font-family:Arial,Helvetica,sans-serif;font-size:15px"align=left class=footer-top><p style=margin-top:0;margin-bottom:15px;line-height:22px>Written by <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/toh?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Jeena Sharma</a>, <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/sQD?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Erin Cabrey</a>, and <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/teQ?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Katie Hicks</a></p> <p style=margin-top:0;margin-bottom:15px;font-style:italic;line-height:22px>Was this email forwarded to you? Sign up <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/sKd?kid=283aba26&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>here</a>.</p> <div class=core_hidden> <ul style=margin-top:0;padding-left:30px> <li style=margin-bottom:0;line-height:22px><span> Corporate: </span><span><a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/yKd?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Revenue Brew</a></span><span> </span></li> </ul> <p style=margin-top:0;margin-bottom:0;line-height:22px><strong style=color:#000;font-size:17px> Get smarter in just 5 minutes </strong></p> <ul style=margin-top:0;padding-left:30px> <li style=margin-bottom:0;line-height:22px><span> Money & Career: </span><span><a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/s5C?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Money With Katie</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/s5D?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Bossy</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/s5E?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Brew Markets</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/s5F?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>The Playbook</a></span><span> </span></li> </ul><p style=margin-top:0;margin-bottom:0;line-height:22px><strong style=color:#000;font-size:17px> Interested in podcasts? </strong></p><ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span> Check out ours </span><span><a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/s5G?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>here</a></span></li></ul></div></td></tr><tr><td align=center style=color:#79787d;padding:15px;font-family:Arial,Helvetica,sans-serif;font-size:12px><a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/w_2?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>ADVERTISE</a> // <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/w_3?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>CAREERS</a> // <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/6OZ?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR>SHOP</a> // <a style="color:#333;border-bottom:2px solid #d4295c;text-decoration:none"class=link href=https://links.morningbrew.com/c/6O_?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>FAQ</a> <br> <br> Update your email preferences or unsubscribe <a class="link mwk-footer-link"style="color:#d4295c;border-bottom:2px solid #d4295c;text-decoration:none"href=https://links.morningbrew.com/c/7sN?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&bid=39901611&mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>here</a>. <br> View our privacy policy <a class="link mwk-footer-link"style="color:#d4295c;border-bottom:2px solid #d4295c;text-decoration:none"href=https://links.morningbrew.com/c/6P0?mbcid=39901611.32826&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>here</a>. <br> <br> Copyright © 2025 Morning Brew Inc. All rights reserved. <br> 22 W 19th St, 4th Floor, New York, NY 10011</td></tr></table><!-- END FOOTER --></div> <!--[if (gte mso 9)|(IE)]> <!- --></td></tr></table><!-- <![endif]--></body></html>
<!doctypehtml><html xmlns=https://www.w3.org/1999/xhtml xmlns:o=urn:schemas-microsoft-com:office:office xmlns:v=urn:schemas-microsoft-com:vml><head><meta content=IE=edge http-equiv=X-UA-Compatible><meta content="text/html; charset=UTF-8"http-equiv=Content-Type><meta content=width=device-width,initial-scale=1 name=viewport><title>HR Brew // Morning Brew // Update</title><!--[if mso]><style data-roadie-ignore='' type='text/css'>
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<td><!-- <![endif]--> <div style="max-width:670px;margin:0 auto;display:block"><!-- HEADER --><!--[if !mso]> <!- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class="header-container card pcard"style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;padding:15px;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"><!-- NEW HEADER --> <table border=0 cellpadding=0 cellspacing=0 class=header-links-container style=border-collapse:collapse;color:#000;font-family:Arial,Helvetica,sans-serif;font-size:12px width=100%><!-- NEW HEADER --><tr><td class=column-left>May 16, 2025</td><td class="column-right core_hidden"style=text-align:right><a class=header-link href=https://links.morningbrew.com/c/zkr?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=color:#000;text-decoration:none target=_blank>View Online</a> | <a class=header-link href=https://links.morningbrew.com/c/sJp?kid=283aba26&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=color:#000;text-decoration:none target=_blank>Sign Up</a></td></tr></table> <table border=0 class=nl-logo-container style=border-collapse:collapse;margin-bottom:18px width=100%><tr><td align=center class=logo style=padding-top:25px><a href=https://links.morningbrew.com/c/6P3?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank><img alt="HR Brew"style="max-width:revert;border-radius:8px;width:100%;margin:0 auto;display:block"src=https://cdn.sanity.io/images/bl383u0v/production/21a38f6ccab6e9eaa471816ffd21071083b363bd-1350x330.png?w=900&fit=max width=670> </a></td></tr></table> <table style="border-collapse:collapse;border-collapse:revert;margin:0 auto"align=center border=0 class=primary-sponsor-container><tr><td class="clear sponsor-text"align=right valign=middle><p style=color:#000;text-transform:uppercase;margin-top:15px;margin-bottom:15px;padding-right:8px;font-family:Helvetica,Arial,sans-serif;font-size:13px;font-weight:700;line-height:22px>together with </p></td><td class="sponsor-logo clear"style=border-bottom:none!important><a href=https://links.morningbrew.com/c/zik?lp=logo&mbadid=a02f4c74747d5489d7b3016bb930a0fb&mbadv=a&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border-botton:none!important target=_blank><img alt=Indeed src=https://cdn.sanity.io/images/bl383u0v/production/ff0419b0fde5476310adce85b2e386f84aaee35b-1000x267.png?w=188&q=100&auto=format style=vertical-align:middle;width:100%;max-width:94px;display:inline width=94></a></td></tr></table> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=top-blurb-container style=padding-top:20px><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>It’s Fri-yay. </strong>As the day winds down, we’ll be taking a page out of country singer Morgan Wallen’s book after his controversial exit from <em>Saturday Night Live</em>. Don’t say goodbye, close your laptop, and make a swift exit, because we’re all just ready to go home.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>In today’s edition:</strong></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><img alt src=https://em-content.zobj.net/thumbs/120/apple/237/books_1f4da.png style=max-width:18px width=18> <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zks?mblid=1d57bea14117&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Book club</a></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><img alt src=https://em-content.zobj.net/thumbs/240/apple/237/grinning-face_1f600.png style=max-width:18px width=18> <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkt?mblid=bb5d85c7628f&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>New hiring helper</a></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><img alt src=https://em-content.zobj.net/thumbs/120/apple/237/back-with-leftwards-arrow-above_1f519.png style=max-width:18px width=18> <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zku?mblid=a8d692ded157&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Target’s step back</a></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><em>—Mikaela Cohen, Adam DeRose, Adam Andrew Newman</em></p></td></tr></table></td></tr></table><!--[if !mso]> <! -- --></div><!-- <![endif]--><!-- END HEADER --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c8552;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>BOOK CLUB</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zks?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>Ally-up </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zks?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="Two hands holding on opened book with text highlighted"src=https://cdn.sanity.io/images/bl383u0v/production/d250657d173c63bf5491f328ce8602b17ec2b00e-1500x1000.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Emily Parsons</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px>Ever called yourself an ally for an identity group?</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Well, then, ask yourself: What have I done this week to show my allyship? If you haven’t done anything, you’re probably not an ally to that group, said Stephanie Chung, author of <em>Ally Leadership: How to Lead People Who Are Not Like You</em>.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>HR Brew spoke with Chung about her book and how HR pros and managers can be allies to identity-based employee groups. She also discussed how leaders can navigate growing anti-DEI sentiments in the workplace.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>What will HR pros learn from your book?</strong></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>First of all, ALLY is an acronym, and so it stands for ask, listen, learn, you take action…From an HR perspective, at the end of the day, if leaders can just grab a hold of that one concept and use the word ALLY as an acronym that will help them go far.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>We have six generations working, which is unheard of. We’ve never had that many generations working all at once in history, and so that can be a challenge, because leaders are managing people that have different expectations and different perspectives. So, a Boomer is going to think very differently than a Gen Z or a Zoomer and all the different generations in between.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000><a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zks?mblid=4cac2b913269&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>For more on how leaders can be effective allies to employees from underrepresented groups, keep reading here</a>.</strong><em>—MC</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/zkv?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zkw?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zkx?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c8552;text-transform:uppercase;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>together with Indeed</h3></div> <div style="padding:0 15px"class=title-container><h1 style=color:#333;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zik?lp=title&mbadid=a02f4c74747d5489d7b3016bb930a0fb&mbadv=a&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=text-decoration:none;color:#000!important;border-bottom:none!important target=blank><strong style=color:#000>Creating better work takes…work</strong></a></h1></div> <a href=https://links.morningbrew.com/c/zik?lp=image&mbadid=a02f4c74747d5489d7b3016bb930a0fb&mbadv=a&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt=Indeed class=sponsored-header-image src=https://cdn.sanity.io/images/bl383u0v/production/fdbef05e3c6c09ed4230717fe5cada27800402f6-710x466.png?w=668&q=90&auto=format style=width:100%;max-width:670px;padding-top:15px;display:block width=670></a> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td class="sponsored-body content-container story-content"style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px>Employers want what’s best for their employees and companies, but walking the hiring tightrope is only getting harder.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>New AI tools, policy changes, and a job market influx continue to disrupt the recruiting space. However, they also leave room for recruiters to transform the world of work—and <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zik?lp=text1&mbadid=a02f4c74747d5489d7b3016bb930a0fb&mbadv=a&mblid=205d5fe9b9f9&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank><em>Indeed FutureWorks</em></a> is the event doing just that.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zik?lp=text2&mbadid=a02f4c74747d5489d7b3016bb930a0fb&mbadv=a&mblid=b9f1e22f984e&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Join hiring industry peers and experts</a> for two days of:</p> <ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span>sessions on why hiring is critical to building better workplaces—and how you can make an impact</span></li><li style=margin-bottom:10px;line-height:22px><span>demonstrations of Indeed’s latest AI-powered tools, designed to help you hire faster and smarter</span></li><li style=margin-bottom:10px;line-height:22px><span>opportunities to connect with peers tackling the same real-world challenges</span></li><li style=margin-bottom:10px;line-height:22px><span>insights on the talent and skills gap, the global labor market, and work well-being</span></li></ul> <p style=margin-top:0;margin-bottom:15px;line-height:22px><em>Indeed FutureWorks</em> is live in New Orleans from Sept. 10–11. Enjoy free virtual access when you <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zik?lp=text3&mbadid=a02f4c74747d5489d7b3016bb930a0fb&mbadv=a&mblid=e0cb594afdf0&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>register today</a>.</p></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c8552;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>TECH</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zkt?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>Fresh features </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zkt?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="2024 finance hiring trends"src=https://cdn.sanity.io/images/bl383u0v/production/71b8d5e777a31c3bf3255f6240e120d31de075f2-6251x4167.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Nuthawut Somsuk/Getty Images</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px>Working through a flood of applications with rising pressure to fill roles quickly with top talent, recruiters haven’t had an easy go lately. To help address key pain points, applicant tracking system and hiring platform Greenhouse announced a suite of new AI-driven features aimed at easing the burden on talent acquisition pros while hastening the hiring process.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Greenhouse is designing new tools to help recruiters make faster and better hiring decisions inside their existing workflows at a time when there are more and more applicants, but fewer and fewer recruiters to handle open requisitions. Unveiled at the UNLEASH Conference in Las Vegas last week, the new tools promise to automate labor-intensive tasks, from filtering resumes to drafting job descriptions.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>“Application volume has doubled over the last two years,” Meredith Johnson, Greenhouse’s new chief product officer, said in Las Vegas. “That volume is clear. We’re seeing in our data three times the number of applicants per recruiter. So there’s a real challenge here that’s forming.”</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Johnson pointed to a 134% spike in job applications since the release of ChatGPT, according to Greenhouse data.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000><a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkt?mblid=12506ff35142&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>For more on how these new AI tools can lead to better hiring decisions, keep reading here</a>.</strong><em>—AD</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/zky?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zkz?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zkA?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c8552;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>DEI</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zku?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>Moving target </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zku?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="Target logo fused with the LGBTQ+ Pride rainbow alongside the logo for the Human Rights Campaign"src=https://cdn.sanity.io/images/bl383u0v/production/11e99fe575a6a55b70f44ac54c6b101e442cce1e-620x310.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Target released this image of its logo fused with the LGBTQ+ Pride rainbow, alongside the logo for the Human Rights Campaign, when it announced its support for the Equality Act in 2015. Target via The Internet Archive Wayback Machine</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px>Target is <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/wyM?mblid=ebc1a14b5674&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>far from</a> the only retailer to capitulate to the Trump administration and roll back its diversity, equity, and inclusion (DEI) initiatives, but it has suffered more <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/vWJ?mblid=2c5743eb7598&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>backlash</a>, <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkB?mblid=67123972cc85&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>foot-traffic declines</a>, and <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkC?mblid=e3999906db2d&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>reputational damage</a> than others that did so.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>One reason that consumers may seem inordinately disappointed with Target—and some are even <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkD?mblid=df63bd24b24a&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>boycotting</a> the company—is that it trumpeted its commitment to DEI for decades before its retreat just five days after Trump’s inauguration—an inauguration, it turns out, to which Target <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkE?mblid=9fd786b87c66&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>contributed</a> $1 million.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>In 2009, for example, Target received a perfect score on the Human Rights Campaign’s (HRC) annual Corporate Equality Index, which rates companies on their inclusiveness for LGBTQ+ employees. It’s a milestone that Target still includes on its online company history <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zay?mblid=ceff7583021e&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>timeline</a>, but as part of its DEI rollback <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/uG-?mblid=2e35492df217&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>announcement</a>, it pulled a 180, revealing it was “stopping all external diversity-focused surveys, including HRC’s Corporate Equality Index.”</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zku?mblid=fe8e908153d1&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank><strong>For more on Target’s diversity initiative timeline, and the fallout from its DEI rollback, keep reading on Retail Brew</strong></a>.<em>—AAN</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/zaI?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zaJ?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zaK?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c8552;text-transform:uppercase;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>Together With Leapsome</h3></div> <a href=https://links.morningbrew.com/c/zil?lp=image&mbadid=03e475d3aacccb0f3858c37ef8d43b83&mbadv=a&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt=Leapsome class=sponsored-header-image src=https://cdn.sanity.io/images/bl383u0v/production/ff35bc4f48030830a79a1e44f00663116be18692-888x666.png?w=1336&q=90&auto=format style=width:100%;max-width:670px;padding-top:15px;display:block width=670></a> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td class="sponsored-body content-container story-content"style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Smarter HR strategies for tough times. </strong>How are today’s HR leaders safeguarding <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zil?lp=text1&mbadid=03e475d3aacccb0f3858c37ef8d43b83&mbadv=a&mblid=e10ca6bf6128&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>people-first strategies</a>—while still driving business performance in a challenging economy? Discover what 1,000 HR decision-makers shared in Leapsome’s <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zil?lp=text2&mbadid=03e475d3aacccb0f3858c37ef8d43b83&mbadv=a&mblid=673345150920&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank><em>2025 HR Insights Report</em></a>. Get the deets + data now.</p></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --> <!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c8552;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>WORK PERKS</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><div class=header-image-container style=padding-top:15px><img alt="A desktop computer plugged into a green couch."src=https://cdn.sanity.io/images/bl383u0v/production/9ef10f4d79aab963a93fc9cc1225eefdbaa50cd9-1500x1000.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Francis Scialabba</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><div><p style=margin-top:0;margin-bottom:15px;line-height:22px><em>Today’s top HR reads.</em></p><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Stat: </strong>Seventy percent of US adults think there’s a stigma with asking for workplace accommodations for neurodivergency. (<a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkF?mblid=37b51aa22f70&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>FastCompany</a>)</p><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Quote:</strong> “If I encountered toxicity in the workplace, I had more of a ‘suck it up’ attitude…I don’t think we were as vocal about taking care of our mental health as we should have been.”—Jennifer Tosti-Kharas, organizational behavior professor at Babson College in Massachusetts, on how different generations of workers respond to workplace toxicity (<a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkG?mblid=d122c4c60f12&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Associated Press</a>)</p><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Read: </strong>How companies can help combat ageism against women. (<a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkH?mblid=18d004086937&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>the Business Journals</a>)</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Workin’ 9 to 5:</strong> New AI tools, policy changes, and a job market influx—whew. <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zim?mblid=11cc06a2bd15&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank><em>Indeed FutureWorks</em></a> is exploring the evolving recruiting space to keep HR folks ready for action. Enjoy virtual access when you <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/zim?mblid=82b3234bf9c2&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>register</a>.*</p><placementslot data-id=c4171941d508></placementslot><placementslot data-id=16cdb0ffa6f2></placementslot><p style=margin-top:0;margin-bottom:15px;line-height:22px><sup><em>*A message from our sponsor.</em></sup></p></div></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --> <!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class="c6 core_hidden"style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c8552;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>SHARE THE BREW</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=card-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px><a style="color:#252525;border-bottom:2px solid #009b63;text-decoration:none"class=link href=https://links.morningbrew.com/c/aOJ?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Share HR Brew</a> with your coworkers, acquire free Brew swag, and then make new friends as a result of your fresh Brew swag.</p> <p style=margin-top:0;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> <a href=https://links.morningbrew.com/c/aOJ?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR> <p style=margin-top:0;margin-bottom:15px;line-height:22px><!--[if mso]>
<img src="https://cdn.sanity.io/images/bl383u0v/production/e8c0d668fd2ce584105a14629f9409b29ddffc91-3840x2160.png?w=640&q=60" class="img-responsive" width="640" style="max-width: 640px; width: 100%;"
alt="Click here to get free swag."
/>
<![endif]--> <!--[if !mso]>--><!-- --> <img class=img-responsive src=https://cdn.sanity.io/images/bl383u0v/production/e8c0d668fd2ce584105a14629f9409b29ddffc91-3840x2160.png?w=640&q=60 style=width:100%;max-width:640px;display:block;width:100%!important width=640><!--<![endif]--></p></a> <p style=margin-top:0;margin-bottom:15px;line-height:22px><b>Your referral count:</b> 3</p> <a class=stb-btn href=https://links.morningbrew.com/c/aOJ?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#fff;text-align:center;background-color:#009b63;border-radius:4px;width:100%;max-width:150px;padding:15px;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:900;text-decoration:none;display:block;margin-top:inherit!important;margin-bottom:inherit!important;margin-right:inherit!important;margin-left:inherit!important>Click to Share</a> <p style=margin-top:15px;margin-bottom:15px;line-height:22px>Or copy & paste your referral link to others:<br><!--if [mso]><br><![endif]--><a style="color:#252525;border-bottom:2px solid #009b63;text-decoration:none"class=link href=https://links.morningbrew.com/c/aOK?kid=283aba26&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>hr-brew.com/r/?kid=283aba26</a></p></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><table bgcolor=#1C8552 border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style="text-align:center;padding:10px 0;font-size:21px"><a href=https://links.morningbrew.com/c/E1?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/365b8a21162a71a71c4190f5b1b6e2acd45a212f-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/E2?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/bc850f15719e478323219cbfe24640074ab0c306-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/E3?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/4be3fbb7e388adf000065f63e01e069db9fdd60a-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/E4?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/6af774b2e94fc201bff9ad736da144c7f1f8468a-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/4cN?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/ccfbd021e2000f116305d0f75c4e95dbdb2996ba-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/E6?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/56835eaa4b1e8e7314950c4862d5dfccc9fc410c-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a></td></tr></table><!-- FOOTER --><table bgcolor=#E9EBF7 border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style="text-align:left;border-bottom:1px solid #c0c3cc;padding:15px;font-family:Arial,Helvetica,sans-serif;font-size:15px"align=left class=footer-top><p style=margin-top:0;margin-bottom:15px;line-height:22px>Written by <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/sMO?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Mikaela Cohen</a>, <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/sMN?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Adam DeRose</a>, and <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/tXe?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Andrew Adam Newman</a></p> <p style=margin-top:0;margin-bottom:15px;font-style:italic;line-height:22px>Was this email forwarded to you? Sign up <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/sJC?kid=283aba26&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>here</a>.</p> <div class=core_hidden> <ul style=margin-top:0;padding-left:30px> <li style=margin-bottom:0;line-height:22px><span> Corporate: </span><span><a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/yIq?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Revenue Brew</a></span><span> </span></li> </ul> <p style=margin-top:0;margin-bottom:0;line-height:22px><strong style=color:#000;font-size:17px> Get smarter in just 5 minutes </strong></p> <ul style=margin-top:0;padding-left:30px> <li style=margin-bottom:0;line-height:22px><span> Money & Career: </span><span><a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/s1y?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Money With Katie</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/s1z?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Bossy</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/s1A?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Brew Markets</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/s1B?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>The Playbook</a></span><span> </span></li> </ul><p style=margin-top:0;margin-bottom:0;line-height:22px><strong style=color:#000;font-size:17px> Interested in podcasts? </strong></p><ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span> Check out ours </span><span><a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/s1C?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>here</a></span></li></ul></div></td></tr><tr><td align=center style=color:#79787d;padding:15px;font-family:Arial,Helvetica,sans-serif;font-size:12px><a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/wYw?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>ADVERTISE</a> // <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/wYx?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>CAREERS</a> // <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/6Pq?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR>SHOP</a> // <a style="color:#333;border-bottom:2px solid #1c8552;text-decoration:none"class=link href=https://links.morningbrew.com/c/6Pr?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>FAQ</a> <br> <br> Update your email preferences or unsubscribe <a class="link mwk-footer-link"style="color:#1c8552;border-bottom:2px solid #1c8552;text-decoration:none"href=https://links.morningbrew.com/c/7sN?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&bid=39889837&mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>here</a>. <br> View our privacy policy <a class="link mwk-footer-link"style="color:#1c8552;border-bottom:2px solid #1c8552;text-decoration:none"href=https://links.morningbrew.com/c/6Ps?mbcid=39889837.26821&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>here</a>. <br> <br> Copyright © 2025 Morning Brew Inc. 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<p><strong>President Trump announced </strong>multibillion-dollar AI deals between U.S. companies and Gulf countries this week even as many in Washington continue to fear that China could gain backdoor access to advanced AI chips and worry that critical AI infrastructure could end up based outside the U.S.</p><p><strong>The big picture: </strong>The president loves big deals with big numbers. Tech interests close to Trump want to see U.S. AI firms win global business. But China hawks in both parties distrust the Gulf states, which have close trade ties with China.</p><ul><li>The dealmaking flurry comes after the White House last week <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly93d3cuYXhpb3MuY29tLzIwMjUvMDUvMDcvYWktcnVsZS10cnVtcC1iaWRlbi1udmlkaWE_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbiZzdHJlYW09dG9w/5ef35f01b2660a4498575447B2a99f3f3" target="_blank">scrapped Biden administration rules</a> limiting AI chip exports. A new policy is in the works but not yet in place.</li></ul><p><strong>Driving the news: </strong>The House Select Committee on the Chinese Communist Party on Thursday introduced new legislation "to stop advanced U.S. AI chips from falling into the hands of adversaries like the Chinese Communist Party (CCP)."</p><ul><li>The bipartisan Chip Security Act calls for the Commerce Department to require location verification for advanced AI chips and enforce mandatory reporting by chipmakers about any diversion of their chips to restricted companies or countries. </li></ul><p><strong>Earlier this week,</strong> as Trump and tech titans announced deal after deal, the Bureau of Industry and Security at the Commerce Department <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly9tZWRpYS5iaXMuZ292L21lZGlhL2RvY3VtZW50cy9haS1wb2xpY3ktc3RhdGVtZW50LXRyYWluaW5nLWFpLW1vZGVscy1tYXktMTMtMjAyNT91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc2xvZ2luJnN0cmVhbT10b3A/5ef35f01b2660a4498575447B5fafdc7c" target="_blank">issued</a> new guidance saying the department has to approve the deals.</p><ul><li>A Commerce Department official told Axios the guidance aims to prevent U.S. adversaries from using workarounds to access U.S.-made chips.</li></ul><p><strong>Catch up quick: </strong>Trump's trip to the Gulf has included a flood of AI-related deals. </p><ul><li>Nvidia said it will <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly9hcG5ld3MuY29tL2FydGljbGUvbnZpZGlhLWplbnNlbi1odWFuZy1haS1zYXVkaS1hcmFiaWEtMWM5ZGU2N2YwYmY5NjI3ODJhZjA5MGIwYmM4NjJhM2I_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbiZzdHJlYW09dG9w/5ef35f01b2660a4498575447Bd636533d" target="_blank">ship 18,000</a> of its advanced AI chips to Saudi Arabia for a 500 megawatt data center being built by Humain, a new AI infrastructure startup backed by the country's sovereign wealth fund. </li><li>AMD — an Nvidia rival — also announced a $10 billion partnership with Humain, while Qualcomm also <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly93d3cucmV1dGVycy5jb20vd29ybGQvbWlkZGxlLWVhc3Qvc2F1ZGktYXJhYmlhLXBhcnRuZXJzLXdpdGgtbnZpZGlhLXNwdXItYWktZ29hbHMtdHJ1bXAtdmlzaXRzLTIwMjUtMDUtMTMvP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zbG9naW4mc3RyZWFtPXRvcA/5ef35f01b2660a4498575447Bc60d6caa" target="_blank">signed</a> a memorandum of understanding with the startup. </li><li>Amazon and Humain are <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly90ZWNoY3J1bmNoLmNvbS8yMDI1LzA1LzEzL2F3cy1lbnRlcnMtaW50by1zdHJhdGVnaWMtcGFydG5lcnNoaXAtd2l0aC1zYXVkaS1hcmFiaWEtYmFja2VkLWh1bWFpbi8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbiZzdHJlYW09dG9w/5ef35f01b2660a4498575447B7c35dc51" target="_blank">investing more than $5 billion</a> in developing an "AI zone" in Saudi Arabia with Amazon Web Services infrastructure and servers, training programs and AI agents that will be used by the kingdom's government. </li></ul><p><strong>The intrigue:</strong> The Trump administration is <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly93d3cuYmxvb21iZXJnLmNvbS9uZXdzL2FydGljbGVzLzIwMjUtMDUtMTMvdXMtd2VpZ2hzLWxldHRpbmctdWFlLWJ1eS1vdmVyLWEtbWlsbGlvbi1hZHZhbmNlZC1udmlkaWEtY2hpcHM_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" target="_blank">reportedly considering</a> a deal that would allow more than 1 million advanced AI chips to be exported to the UAE. </p><ul><li>That could open the door for other companies to expand their capacity in the Middle East: Bloomberg <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly93d3cuYmxvb21iZXJnLmNvbS9uZXdzL2FydGljbGVzLzIwMjUtMDUtMTMvb3BlbmFpLXdlaWdocy11YWUtZGF0YS1jZW50ZXItZGVhbC1hcy10cnVtcC1zZXQtdG8tdmlzaXQ_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" target="_blank">reported</a> this week that OpenAI is weighing opening a data center in the UAE.</li></ul><p><strong>Yes, but: </strong>The deal announcements don't come with many details. It's unclear if there will be restrictions on who can access the chips on site and what they can be used for.</p><ul><li>White House AI czar David Sacks this week in Saudi Arabia <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly94LmNvbS9EYXZpZFNhY2tzL3N0YXR1cy8xOTIyNDQ1NzQzOTg3NTczMDUzP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zbG9naW4mc3RyZWFtPXRvcA/5ef35f01b2660a4498575447B2befa539" target="_blank">advocated</a> for a "partner ecosystem" around AI and called for fewer restrictions on chips. </li></ul><p><strong>What they're saying:</strong> "President Trump and his administration remain committed to making the United States a global leader in AI, while also ensuring our most advanced technology does not fall into the hands of our adversaries," National Security Council spokesperson James Hewitt told Axios in an email. </p><ul><li>"These goals are not mutually exclusive, and we look forward to working with industry leaders to accomplish both these missions."</li></ul><p><strong>Flashback: </strong>An "AI diffusion" rule issued in the final days of the Biden administration placed restrictions on the export of chips to most countries, including Saudi Arabia and the UAE.</p><ul><li>Nvidia, Microsoft and others pushed back hard on the rule, arguing it would stifle innovation and economic growth. </li></ul><p><strong>State of play:<em> </em></strong><em></em>The U.S. and China lead the world in AI infrastructure and deploying AI models, but "the Gulf states have massive ambitions to be the third leg of the stool," says Jimmy Goodrich, a senior adviser to RAND for technology analysis.</p><ul><li>"They have the ambition and the funds, and they see AI as central to their economic survival because as the world reduces its carbon footprint, their geopolitical leverage decreases."</li><li>The Gulf deals "suggest a shift away from multilateral coordination toward more transactional, bilateral diffusion diplomacy," Joseph Hoefer, government relations and AI principal at Monument Advocacy, told Axios. "With the diffusion rule being rolled back, it signals a move toward partnerships that prioritize short-term strategic and economic gains."</li></ul><p><strong>The near-term concern</strong> for some in Washington is that China could access advanced U.S.-made AI chips through Saudi Arabia, the UAE and other third-party countries.</p><ul><li>The UAE and China remain <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly93d3cud2FtLmFlL2VuL2FydGljbGUvYjZmOTM5NC11YWUtY2hpbmEtc3Ryb25nLXBhcnRuZXJzaGlwLWRyaXZpbmctZGV2ZWxvcG1lbnQ_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbiZzdHJlYW09dG9wIzp-OnRleHQ9Q2hpbmElMjBpcyUyMHRoZSUyMFVBRSdzJTIwbGFyZ2VzdCwlMjQxMDAlMjBiaWxsaW9uJTIwYnklMjB5ZWFyJTJEZW5kLg/5ef35f01b2660a4498575447B0de7316a" target="_blank">close economic partners</a> in other sectors and <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly93d3cuYWwtbW9uaXRvci5jb20vb3JpZ2luYWxzLzIwMjQvMDcvY2hpbmEtdWFlLWhvbGQtYWlyLWZvcmNlLWRyaWxscy14aW5qaWFuZy1kZWZlbnNlLXJlbGF0aW9ucy1ncm93P3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zbG9naW4mc3RyZWFtPXRvcA/5ef35f01b2660a4498575447B1193f4f0" target="_blank">maintain military ties</a>.</li></ul>
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2. FBI: Scams use AI to mimic officials&#x27; voices
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By <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly93d3cuYXhpb3MuY29tL2F1dGhvcnMvYXJ1YmluP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zbG9naW4mc3RyZWFtPXRvcA/5ef35f01b2660a4498575447Bc652a941" class="card-byline" style="font-size:13px;font-family:'Gordita',Arial,Helvetica,sans-serif;color:#333335">April Rubin</a>
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<span class="bodytext" style="font-size: 13px; color: #848484;">
<p>The J. Edgar Hoover Building, the FBI headquarters, in Washington. Photo: Kent Nishimura/Getty Images</p>
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<p><strong>Scammers are using artificial intelligence</strong> to impersonate senior U.S. officials, the FBI warned Thursday.</p><p><strong>Why it matters: </strong>Many of the targets have been current or former government officials and their contacts, the FBI said.</p><ul><li>"The malicious actors have sent text messages and AI-generated voice messages — techniques known as smishing and vishing, respectively — that claim to come from a senior U.S. official in an effort to establish rapport before gaining access to personal accounts," the FBI <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly93d3cuaWMzLmdvdi9QU0EvMjAyNS9QU0EyNTA1MTU_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbiZzdHJlYW09dG9w/5ef35f01b2660a4498575447Be50d31c0" target="_blank">alert</a> said.</li></ul><p><strong>Context: </strong>With seconds of audio, artificial intelligence can <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly93d3cuYXhpb3MuY29tLzIwMjUvMDMvMTUvYWktdm9pY2UtY2xvbmluZy1jb25zdW1lci1zY2Ftcz91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc2xvZ2luJnN0cmVhbT10b3A/5ef35f01b2660a4498575447Ba5fe740b" target="_blank">mimic a voice</a> that is virtually indistinguishable from the original to the human ear. </p><ul><li>Scammers have weaponized voice cloning tech, and many products lack significant safeguards to prevent fraud or misuse.</li></ul><p><strong>Ina's thought bubble:</strong> It's another sign that voice cloning has become trivially easy, and that the era of deep fakes is here, not in the future.</p><ul><li>Security systems shouldn't rely on voice as a means of authentication — and all of us, government officials or grandmothers, should stop assuming that someone on the other end of a phone call is who they say they are.</li></ul>
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3. Meta delays &quot;Behemoth&quot; AI model release
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By <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly93d3cuYXhpb3MuY29tL2F1dGhvcnMvc2NvdHRyb3NlbmJlcmc_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbiZzdHJlYW09dG9w/5ef35f01b2660a4498575447B27ac02ed" class="card-byline" style="font-size:13px;font-family:'Gordita',Arial,Helvetica,sans-serif;color:#333335">Scott Rosenberg</a>
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<span class="bodytext" style="font-size: 13px; color: #848484;">
<p>Illustration: Lindsey Bailey/Axios</p>
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<p><strong>Meta is pushing back plans</strong> for a public release of its largest Llama 4 AI model, known as "<a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly9haS5tZXRhLmNvbS9ibG9nL2xsYW1hLTQtbXVsdGltb2RhbC1pbnRlbGxpZ2VuY2UvP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zbG9naW4mc3RyZWFtPXRvcA/5ef35f01b2660a4498575447B314d07e8" target="_blank">Behemoth</a>," because of concerns that it may not be enough of an advance on previous models, per a new <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly93d3cud3NqLmNvbS90ZWNoL2FpL21ldGEtaXMtZGVsYXlpbmctdGhlLXJvbGxvdXQtb2YtaXRzLWZsYWdzaGlwLWFpLW1vZGVsLWY0YjEwNWY3P21vZD1ocF9sZWFkX3BvczEmdXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbiZzdHJlYW09dG9w/5ef35f01b2660a4498575447B17b738c7" target="_blank">Wall Street Journal report</a>.</p><p><strong>Why it matters:</strong> It's another indicator that the AI industry's <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly93d3cuYXhpb3MuY29tLzIwMjQvMTEvMTMvYWktc2NhbGluZy1jaGF0Z3B0LW9wZW5haS1wbGF0ZWF1P3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zbG9naW4mc3RyZWFtPXRvcA/5ef35f01b2660a4498575447B99e75039" target="_blank">scaling strategy</a> — "just make everything bigger" — could be hitting a wall. </p><p><strong>Driving the news: </strong>The Journal says that Behemoth is now expected to be released in the fall or even later. It was originally scheduled to coincide with Meta's LlamaCon event last month, then later postponed till June.</p><ul><li>It's also possible the company could speed up a more limited Behemoth release.</li></ul><p><strong>The big picture: </strong>Meta is spending tens of billions of dollars on its AI projects, and till recently it had made fast progress catching up with rivals like Google and OpenAI.</p><p><strong>Between the lines: </strong>Meta's disappointments mirror a broader worry inside the AI industry that progress dependent on scaling up models may be plateauing.</p><ul><li>OpenAI has faced well-documented hurdles in shipping an all-in-one next-generation large-scale model to follow GPT 4.0. Instead, the ChatGPT maker has rolled out a series of separate models, some specializing in reasoning and others in coding and technical work.</li><li>Google and Anthropic have also reportedly <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly93d3cuYmxvb21iZXJnLmNvbS9uZXdzL2FydGljbGVzLzIwMjQtMTEtMTMvb3BlbmFpLWdvb2dsZS1hbmQtYW50aHJvcGljLWFyZS1zdHJ1Z2dsaW5nLXRvLWJ1aWxkLW1vcmUtYWR2YW5jZWQtYWk_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbiZzdHJlYW09dG9w/5ef35f01b2660a4498575447B62f190f0" target="_blank">encountered setbacks</a> with their most recent efforts to train the largest models.</li></ul>
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A MESSAGE FROM GOLDMAN SACHS
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<span class="bodytext hed" style="font-size: 26px; color: #222222; font-family: 'gorditamedium', Arial, Helvetica, sans-serif; letter-spacing: -0.1px; line-height: 1.5;">Shifting global dynamics are driving cybersecurity activity</span>
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<img src="https://tpc.googlesyndication.com/pageadimg/imgad?id=CICAgJDk3YH0MBABGAEoATIIKP7Mv48X68E" alt="" width="600" style="width:100%" />
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<p>Heightened geopolitical tensions have led to increased cybersecurity attacks around the world.</p>
<p>Cybersecurity remains a critical mandate for corporations, so even amid uncertain markets, activity is continuing to flow into the sector.</p>
<p><a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly9hZC5kb3VibGVjbGljay5uZXQvZGRtL3RyYWNrY2xrL040NTAyMDQuMjYwMjMwMkFYSU9TL0IzMjkxMzU4OS40MTU5MzQ3MDE7ZGNfdHJrX2FpZD02MTM0OTIzNTg7ZGNfdHJrX2NpZD0yMzUzODUxMzM7ZGNfbGF0PTtkY19yZGlkPTt0YWdfZm9yX2NoaWxkX2RpcmVjdGVkX3RyZWF0bWVudD07dGZ1YT07bHRkPTtkY190ZHY9MT9heGlvc19hZGxpbms9MQ/5ef35f01b2660a4498575447Bdabb59a3" target="_blank">Listen to the Goldman Sachs <em>Exchanges</em> podcast.</a></p>
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4. Training data
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<ul><li>Cohere, which specializes in enterprise AI, is <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly93d3cudGhlaW5mb3JtYXRpb24uY29tL2FydGljbGVzL29wZW5haS1jaGFsbGVuZ2VyLWNvaGVyZS1mZWxsLTg1LXNob3J0LWVhcmx5LXJldmVudWUtZm9yZWNhc3Q_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbiZzdHJlYW09dG9w/5ef35f01b2660a4498575447B1087daf0" target="_blank">falling</a> 85% short of revenue goals. (The Information)</li><li>Elon Musk's xAI <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly94LmNvbS94YWkvc3RhdHVzLzE5MjMxODM2MjA2MDY2MTk2NDk_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbiZzdHJlYW09dG9w/5ef35f01b2660a4498575447B75c624de" target="_blank">said</a> its Grok chatbot's brief fixation on the notion of "white genocide" in South Africa was the result of an "unauthorized modification" by what the chatbot itself <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly94LmNvbS9ncm9rL3N0YXR1cy8xOTIzMTg1MjE1OTQ3ODI1Mjg0P3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zbG9naW4mc3RyZWFtPXRvcA/5ef35f01b2660a4498575447B70d26370" target="_blank">called</a> "a rogue employee." (X)</li></ul>
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5. + This
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<td class="post-text" style="padding: 0 3.5%; line-height: 1.75; font-size: 17px; font-family: Georgia, serif; line-height: 1.75; color: #222222; letter-spacing: -0.1px;">
<div align="center"><!--[if mso]><img alt='' src='https://media0.giphy.com/media/mvyvXwL26FfAtRCLPk/giphy.gif' style='max-width:100%; display:block; margin: 0 auto 15px;' width='480' /><![endif]--><!--[if !mso]><!--><img alt="" src="https://media0.giphy.com/media/mvyvXwL26FfAtRCLPk/giphy.gif" style="max-width:100%; display:block; margin: 0 auto 15px;" width="100%"/><!--<![endif]--></div> <div class="bodytext" style="font-size:13px; font-family:'Gordita',Arial,Helvetica,sans-serif; color:#848484; margin-bottom:20px;">Giphy</div><p><strong>A lawyer representing Anthropic</strong> in a case brought by the music industry <a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly90ZWNoY3J1bmNoLmNvbS8yMDI1LzA1LzE1L2FudGhyb3BpY3MtbGF3eWVyLXdhcy1mb3JjZWQtdG8tYXBvbG9naXplLWFmdGVyLWNsYXVkZS1oYWxsdWNpbmF0ZWQtYS1sZWdhbC1jaXRhdGlvbi8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3Nsb2dpbiZzdHJlYW09dG9w/5ef35f01b2660a4498575447B42f6d5bb" target="_blank">had to apologize</a> after Claude made up an article the company then cited in a legal brief.</p>
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<p class="bodytext"
style="-webkit-text-size-adjust: 100% !important; margin-bottom: 0 !important; font-size: 11px !important; letter-spacing: 1.4px; color: #008dc8; font-weight:700;"
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A MESSAGE FROM GOLDMAN SACHS
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<span class="bodytext hed" style="font-size: 26px; color: #222222; font-family: 'gorditamedium', Arial, Helvetica, sans-serif; letter-spacing: -0.1px; line-height: 1.5;">How are tariffs impacting AI spending?</span>
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<img src="https://tpc.googlesyndication.com/pageadimg/imgad?id=CICAgJDk3eCPWBABGAEoATIIr3LjH7s74bs" alt="" width="600" style="width:100%" />
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<p>Despite tariff uncertainty, U.S. tech giants are continuing to ramp up capital expenditures on AI-related projects. </p>
<p><strong>Here’s why: </strong>Due to the number of players investing heavily in AI, any one company can’t afford to fall behind.</p>
<p><a href="https://link.axios.com/click/39899862.42017/aHR0cHM6Ly9hZC5kb3VibGVjbGljay5uZXQvZGRtL3RyYWNrY2xrL040NTAyMDQuMjYwMjMwMkFYSU9TL0IzMjkxMzU4OS40MTYxMzM2ODM7ZGNfdHJrX2FpZD02MTM1NzgwNzU7ZGNfdHJrX2NpZD0yMzU0NTEwMjI7ZGNfbGF0PTtkY19yZGlkPTt0YWdfZm9yX2NoaWxkX2RpcmVjdGVkX3RyZWF0bWVudD07dGZ1YT07Z2Rwcj0kJTdCR0RQUiU3RDtnZHByX2NvbnNlbnQ9JCU3QkdEUFJfQ09OU0VOVF83NTUlN0Q7Z3BwPSQlN0JHUFBfU1RSSU5HXzc1NSU3RDtncHBfc2lkPSQlN0JHUFBfU0lEJTdEO2x0ZD07ZGNfdGR2PTE_YXhpb3NfYWRsaW5rPTM/5ef35f01b2660a4498575447B45d7d29a" target="_blank">Listen to the Goldman Sachs <em>Exchanges</em> podcast.</a></p>
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<p><em>Thanks to Scott Rosenberg and Megan Morrone for editing this newsletter and Matt Piper for copy editing.</em></p>
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"Ask me" is hand written on the clipboard along with a smiley face. The background is sea green. 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href="https://nl.nytimes.com/f/newsletter/bMViDin3xbmUjg0e59_twA~~/AAAAARA~/o2nj87p5kBQ7C6SWF7XHwtVjkQ6eRZfE55HYjBzLskH9TsHeqSjraPZOQs8JeVsKboQePLG5uctdLphy5hYou5fqAzPIcy-kT-UyvWh4DrXR-u7Qw_Wv0cLbvM6yFK7_cUeNUP9x-232Ea_0xKOhL3mimrrnB3IackNUnU7EZm1Q58ts0M3KlDDMXHDKtEOYHNBaOz1WVf3tZB_-ej70GrdgalPow8iFC8kqA7TFK22SJedMaM9g03747-T0GBVSFfTXdOzyRSoCh-gDyBseb47P-s_brsUPVSBAygeuxFsEaNLJprKTCRCpobxJw2sRj323-EU39S1WfNqyvGURmcUr_nBxSesVoOS710x9JS7eBm2XwACfS4dJ81IDdwPw" class="css-sdwaa1" style="-webkit-text-decoration:underline;color:#000;text-decoration:none;display:block"><img style="width:291px;box-sizing:border-box;vertical-align:top" class="css-7y77sk" src="https://static01.nyt.com/images/2025/05/13/multimedia/WELL-FLUORIDE-FDA1-wqct/WELL-FLUORIDE-FDA1-wqct-square640.jpg" alt="Closeup of a child brushing their teeth with an electronic toothbrush. Foaming toothpaste can be seen in their mouth." width="291"><p style="color:#888;font:11px/17px georgia,serif;margin:2px 0 0;text-align:right">Scott Suchman for The New York Times</p></a></td><td style="min-width:291px;width:100%;vertical-align:top;box-sizing:border-box;padding-left:15px" class="css-r8caib"><a href="https://nl.nytimes.com/f/newsletter/bMViDin3xbmUjg0e59_twA~~/AAAAARA~/o2nj87p5kBQ7C6SWF7XHwtVjkQ6eRZfE55HYjBzLskH9TsHeqSjraPZOQs8JeVsKboQePLG5uctdLphy5hYou5fqAzPIcy-kT-UyvWh4DrXR-u7Qw_Wv0cLbvM6yFK7_cUeNUP9x-232Ea_0xKOhL3mimrrnB3IackNUnU7EZm1Q58ts0M3KlDDMXHDKtEOYHNBaOz1WVf3tZB_-ej70GrdgalPow8iFC8kqA7TFK22SJedMaM9g03747-T0GBVSFfTXdOzyRSoCh-gDyBseb47P-s_brsUPVSBAygeuxFsEaNLJprKTCRCpobxJw2sRj323-EU39S1WfNqyvGURmcUr_nBxSesVoOS710x9JS7eBm2XwACfS4dJ81IDdwPw" class="css-sdwaa1" style="-webkit-text-decoration:underline;color:#000;text-decoration:none;display:block"><h3 style="color:#000;margin:0;padding:0 0 5px;font:700 20px/25px georgia,serif"><span>The F.D.A. 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Pink and white fireworks surround the jar." width="291"><p style="color:#888;font:11px/17px georgia,serif;margin:2px 0 0;text-align:right">Lina Müller</p></a></td><td style="min-width:291px;width:100%;vertical-align:top;box-sizing:border-box;padding-left:15px" class="css-r8caib"><a href="https://nl.nytimes.com/f/newsletter/ntV-WN1g9fj3eOMMCv_-zg~~/AAAAARA~/q_gqDvhkOE4LVpQoXXBBp072LqPgqMEyeDiivFxm5ZHQQlbv8o7yIPBYiEpBcQJTa_eYeq77Drjw8pRamVebYZzEKqnXB0wJsj_hiypj2gOzP4jUC_9ZVxhxZ51p32F_EMBcEXRmE3GIftTm_fNlSZbt6MxwVTF5_UHQ6jbmSVvL46dwUB4KWLnegNrDzZufRQEKOelf3ET0jr4l1qW8e2ywpsBuuMr8HvadYsfWcrKtyehUgbcSPgSuma-z0vrsW23eUZR1h3jxcUZ9tiE-5ASxBD4waz-HuynkeoUlhve5jA-oIkCaJG_SyHeYraI6REFfVcCHQR4b4PIknquT9asL4mlWUjimZIuhqvpdTYQ~" class="css-sdwaa1" style="-webkit-text-decoration:underline;color:#000;text-decoration:none;display:block"><h3 style="color:#000;margin:0;padding:0 0 5px;font:700 20px/25px georgia,serif"><span>Your Hearing Can Get Worse as You Age. Here’s How to Protect It.</span> <span style="font-family:arial,sans-serif">→</span></h3></a></td></tr></tbody></table></td></tr><tr><td style="padding:0;padding-bottom:25px;border-top:1px solid #dcdcdc;padding-top:20px" class="css-11kh5w9"><table style="width:100%"><tbody><tr><td style="display:inline-block;width:291px;max-width:291px;vertical-align:top" class="css-5i4540"><a href="https://nl.nytimes.com/f/newsletter/Z65akEcdwjZV3kzWvOLkpw~~/AAAAARA~/j0N2idpZ3qE2tDd7afVOrgC2GcVc0558TJCDRQgoh7NThh3l-xCLfj6Lg6nptACuZC0nOnx5f3bq4nvVUBqWqoUffNRQuDkfpMNT0Xlov5d2w4dsGg2GnpR1VLQ_AwNvOiUhIT44g5Jk9M8jbHH91IawM-2fAFRGWhtUnJ1XLkZUKgAiloVBuVOGfaKfOaQxYbP-k6XQdxsKRE7lv0eJ9SppwIeCNiBhvMAN4WTxm_ganQo0d8lKCRFRp0JUkJZdOBIDH2ciFR-tDgmh5zQUJab7vgNS_LzM8JoEb_mhWokpJrvG4chRQnuoyH2KKqcHkqNkrQDokMzGXw71wOc6MbRGL85hC_9yUN518J88MommmuGruU5SLzd3oqwqXgBrzLJ9Oz2YXhn4QH-bIcLSsw~~" class="css-sdwaa1" style="-webkit-text-decoration:underline;color:#000;text-decoration:none;display:block"><img style="width:291px;box-sizing:border-box;vertical-align:top" class="css-7y77sk" src="https://static01.nyt.com/images/2025/05/15/well/15WELL-PSYCH101-OCD-image/15WELL-PSYCH101-OCD-image-square640-v2.jpg" alt="A collage illustration of repeated images of hands being washed, hands holding other hands, and a hand reaching for a knife. " width="291"><p style="color:#888;font:11px/17px georgia,serif;margin:2px 0 0;text-align:right">Vanessa Saba</p></a></td><td style="min-width:291px;width:100%;vertical-align:top;box-sizing:border-box;padding-left:15px" class="css-r8caib"><a href="https://nl.nytimes.com/f/newsletter/Z65akEcdwjZV3kzWvOLkpw~~/AAAAARA~/j0N2idpZ3qE2tDd7afVOrgC2GcVc0558TJCDRQgoh7NThh3l-xCLfj6Lg6nptACuZC0nOnx5f3bq4nvVUBqWqoUffNRQuDkfpMNT0Xlov5d2w4dsGg2GnpR1VLQ_AwNvOiUhIT44g5Jk9M8jbHH91IawM-2fAFRGWhtUnJ1XLkZUKgAiloVBuVOGfaKfOaQxYbP-k6XQdxsKRE7lv0eJ9SppwIeCNiBhvMAN4WTxm_ganQo0d8lKCRFRp0JUkJZdOBIDH2ciFR-tDgmh5zQUJab7vgNS_LzM8JoEb_mhWokpJrvG4chRQnuoyH2KKqcHkqNkrQDokMzGXw71wOc6MbRGL85hC_9yUN518J88MommmuGruU5SLzd3oqwqXgBrzLJ9Oz2YXhn4QH-bIcLSsw~~" class="css-sdwaa1" style="-webkit-text-decoration:underline;color:#000;text-decoration:none;display:block"><h3 style="color:#000;margin:0;padding:0 0 5px;font:700 20px/25px georgia,serif"><span>The Unexpected Symptoms of O.C.D.</span> <span style="font-family:arial,sans-serif">→</span></h3></a></td></tr></tbody></table></td></tr><tr><td style="padding:0;padding-bottom:25px;border-top:1px solid #dcdcdc;padding-top:20px" class="css-11kh5w9"><table style="width:100%"><tbody><tr><td style="display:inline-block;width:291px;max-width:291px;vertical-align:top" class="css-5i4540"><a href="https://nl.nytimes.com/f/newsletter/RdwuZ_uHHdX1dHvLAhQ4PA~~/AAAAARA~/njaW252ikF3ZeXmEV2O9TNHscS3iAEc1ea5FVv_Rx3oJ1MtCStuuTZN48yiaon_7gUKvD3Co-RgrAiXb6K_uS_86yqDTYV07uJTdkpfpSqBdzyIzfeqqQap3Me8RGDIYcV3-Iw37YToHfNRiXFVNvEc3BDis7o86_zzl_4wHZimAcUnQu-Zs0NwbRsxJI6VTOjrq3W3OTzt6_6ANyAjZzqInO1Xi3rdJ1sunyKzy7iiVaNaLRtNOvDoSxJLueVpxYaoZCjArnflNrBFPmq6nYtLdGeaq6xF7tdqY2o_9Zhp5zWXDxqiy4fXW8ZJk1sZdlmuj7OEe74hJuvdoq_q94j8luBiD1busOTZKCeN3wFQrtUl2BtO9YNTuPBLnTphu" class="css-sdwaa1" style="-webkit-text-decoration:underline;color:#000;text-decoration:none;display:block"><img style="width:291px;box-sizing:border-box;vertical-align:top" class="css-7y77sk" src="https://static01.nyt.com/images/2025/05/12/multimedia/WELL-FESTIVAL-ANXIETY1-cvjk/WELL-FESTIVAL-ANXIETY1-cvjk-square640.jpg" alt="Sara Bareilles, Dacher Keltner and Dan Harris speak onstage during The New York Times Well Festival." width="291"><p style="color:#888;font:11px/17px georgia,serif;margin:2px 0 0;text-align:right">David Dee Delgado/Getty Images For The New York Times</p></a></td><td style="min-width:291px;width:100%;vertical-align:top;box-sizing:border-box;padding-left:15px" class="css-r8caib"><a href="https://nl.nytimes.com/f/newsletter/RdwuZ_uHHdX1dHvLAhQ4PA~~/AAAAARA~/njaW252ikF3ZeXmEV2O9TNHscS3iAEc1ea5FVv_Rx3oJ1MtCStuuTZN48yiaon_7gUKvD3Co-RgrAiXb6K_uS_86yqDTYV07uJTdkpfpSqBdzyIzfeqqQap3Me8RGDIYcV3-Iw37YToHfNRiXFVNvEc3BDis7o86_zzl_4wHZimAcUnQu-Zs0NwbRsxJI6VTOjrq3W3OTzt6_6ANyAjZzqInO1Xi3rdJ1sunyKzy7iiVaNaLRtNOvDoSxJLueVpxYaoZCjArnflNrBFPmq6nYtLdGeaq6xF7tdqY2o_9Zhp5zWXDxqiy4fXW8ZJk1sZdlmuj7OEe74hJuvdoq_q94j8luBiD1busOTZKCeN3wFQrtUl2BtO9YNTuPBLnTphu" class="css-sdwaa1" style="-webkit-text-decoration:underline;color:#000;text-decoration:none;display:block"><h3 style="color:#000;margin:0;padding:0 0 5px;font:700 20px/25px georgia,serif"><span>3 Ways to Find Peace in an Anxious World</span> <span style="font-family:arial,sans-serif">→</span></h3></a></td></tr></tbody></table></td></tr><tr><td height="0" class="css-id2kze"></td></tr></tbody></table><table border="0" cellpadding="0" cellspacing="0" style="width:100%"><tbody><tr><td style="border-top:0 solid #dcdcdc;padding-top:15px"></td></tr><tr aria-hidden="true"><td><div style="width:100%;text-align:center;line-height:0"><img alt="Ad" src="https://liveintent.newyorktimesinfo.com/imp?s=1059097&li=HH&m=6863654a5331c4a369cbfbfb30e8fe59&p=HH_20250516&stpe=default" border="0" style="max-width:96px;margin-bottom:7px"></div><span style="text-align:center"><table style="margin:0 auto" border="0" cellpadding="0" cellspacing="0"><tbody><tr><td style="line-height:0;font-size:0"><a rel="noopener noreferrer 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Plus: Microsoft's new deal | Friday, May 16, 2025
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<span class="bodytext" style="font-size: 11px; letter-spacing:1.4px; color: #222222; font-family: 'gorditamedium', Arial, Helvetica, sans-serif;">PRESENTED BY SILICON VALLEY BANK</span>
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<span class="bodytext" style="font-size: 13px; color: #222222; font-family: 'gorditamedium', Arial, Helvetica, sans-serif; ">By
Ben Geman
<span style="margin: 0 6px;">&middot;</span>
May 16, 2025
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<p>🍺 <strong>Made it. Friday.</strong> We're sprinting into the weekend with 1,144 words, 4.5 minutes. </p><p>🎙️<strong> Bulletin:</strong> The UAE plans to boost energy investments in the U.S. to $440 billion in the next decade, it said today alongside President Trump's visit, <a href="https://link.axios.com/click/39898904.6820/aHR0cHM6Ly93d3cucmV1dGVycy5jb20vYnVzaW5lc3MvZW5lcmd5L2Fkbm9jLWNoaWVmLXNheXMtdWFlLXVzLWludmVzdC00NDAtYmlsbGlvbi1lbmVyZ3ktc2VjdG9yLXRocm91Z2gtMjAzNS0yMDI1LTA1LTE2Lz91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc2dlbmVyYXRlJnN0cmVhbT10b3A/5ef35f01b2660a4498575447B1c8acc93" target="_blank">per Reuters</a> and others.</p><ul><li><strong>Why it matters:</strong> Winning investment pledges has been a focus for Trump on his Mideast swing. But a reminder that much of eye-popping tallies are aspirational.</li></ul><p>🎶 <strong>This week marks 35 years</strong> since rockers Concrete Blonde released the album "Bloodletting," which provides <a href="https://link.axios.com/click/39898904.6820/aHR0cHM6Ly9vcGVuLnNwb3RpZnkuY29tL3RyYWNrLzA0VVd0QUlNd2k2N01HOHVId1lxZ0s_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3NnZW5lcmF0ZSZzdHJlYW09dG9w/5ef35f01b2660a4498575447B0429bc50" target="_blank">today's intro tune</a>...</p>
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1 big thing: Why DOE&#x27;s new grant scrutiny matters
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By <a href="https://link.axios.com/click/39898904.6820/aHR0cHM6Ly93d3cuYXhpb3MuY29tL2F1dGhvcnMvYmVuX2dlbWFuP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zZ2VuZXJhdGUmc3RyZWFtPXRvcA/5ef35f01b2660a4498575447Ba73e256f" class="card-byline" style="font-size:13px;font-family:'Gordita',Arial,Helvetica,sans-serif;color:#333335">Ben Geman</a>
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<p>Illustration: Brendan Lynch/Axios</p>
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<p><strong>The Energy Department revealed</strong> it's carefully auditing billions of dollars in Biden-era grant awards. It could spell trouble for some projects.</p><p><strong>Why it matters:</strong> The news sheds light on an area of intense interest — how and whether DOE will proceed with unprecedented project support amid Trump 2.0's climate policy U-turn.</p><ul><li>Awards under the 2021 infrastructure law and 2022 climate law are provided in tranches based on milestones.</li><li>That gives Trump 2.0 sway over its predecessors' award decisions — as well as openings to apply new types of vetting. </li></ul><p><strong>Catch up quick: </strong>DOE yesterday <a href="https://link.axios.com/click/39898904.6820/aHR0cHM6Ly93d3cuZW5lcmd5Lmdvdi9hcnRpY2xlcy9zZWNyZXRhcnktd3JpZ2h0LWFubm91bmNlcy1uZXctcG9saWN5LWluY3JlYXNpbmctYWNjb3VudGFiaWxpdHktaWRlbnRpZnlpbmctd2FzdGVmdWw_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3NnZW5lcmF0ZSZzdHJlYW09dG9w/5ef35f01b2660a4498575447B4997e90c" target="_blank">announced case-by-case reviews</a> of grant awards and other aid.</p><ul><li>It's designed to ensure projects are "financially sound and economically viable, aligned with national and economic security interests," and consistent with Trump 2.0 priorities, the announcement states.</li><li>Secretary Chris Wright, in a statement, said money was "rushed out the door" in the late Biden era and that DOE has already found "concerning" info.</li></ul><p><strong>What they're saying:</strong> Jeff Navin, a partner at clean-tech focused lobbying and advisory firm Boundary Stone Partners, said he's already getting questions from clients about how to prepare for DOE reviews. </p><ul><li>"For some of these newer sectors, there isn't a ton of market data available, some of the assumptions in the analysis could be quite subjective, and it's going to be important that applicants are very diligent in responding to the questions," Navin, a senior Obama-era DOE aide, said via email.</li></ul><p><strong>State of play:</strong> The agency said it's initially seeking more info on 179 awards totaling over $15 billion.</p><ul><li>It's focused on $8.4 billion in projects approved by DOE's Grid Deployment Office (GDO) and $7.3 billion under the Office of Manufacturing and Energy Supply Chains (MESC), per a tally via <a href="https://link.axios.com/click/39898904.6820/aHR0cHM6Ly93d3cuYmxvb21iZXJnLmNvbS9uZXdzL2FydGljbGVzLzIwMjUtMDUtMTUvdHJ1bXAtdGFyZ2V0cy1iaWxsaW9ucy1pbi1lbmVyZ3ktZ3JhbnRzLWZvci1uZXctcm91bmQtb2YtYXVkaXRzP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zZ2VuZXJhdGUmc3RyZWFtPXRvcA/5ef35f01b2660a4498575447Ba7c4f53a" target="_blank">Bloomberg</a> and confirmed to Axios by DOE.</li></ul><p><strong>Zoom in: </strong>A DOE document sent to awardees and viewed by Axios shows many granular questions that together give a sense of department aims.</p><ul><li>For instance, GDO recipients are asked about their projects' effects on reliability, consumer energy costs, and more.</li><li>For MESC projects, it seeks extremely detailed data on financial models, expected rates of return, pitchbooks, board minutes, market analyses and many other things.</li><li>Both categories of recipients get expansive questions about any links to China, Iran, Russia or North Korea (the bucket known as "foreign entities of concern").</li></ul><p><strong>"With this process, the Department will ensure</strong> we are doing our due diligence, utilizing taxpayer dollars to generate the largest possible benefit to the American people and safeguarding our national security," Wright said in a statement. </p><p><strong>Threat level: </strong>Bridget Bartol, a senior DOE aide under Biden, said it's normal for a new team to examine existing awards. </p><ul><li>But she added: "This action comes across as though they're struggling to find a legally justifiable way to cancel projects they ideologically disagree with, and the delay tactic approach is getting stale."</li><li>She said awarded projects have been very well-vetted and are aimed at "building a stronger industrial base, increasing electrons across the country and building secure infrastructure."</li></ul><p><strong>The bottom line:</strong> Don't be surprised if some projects don't survive DOE's new vetting.</p>
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2. 🧁 Bonus policy notes: EPA edition
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By
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<a href="https://link.axios.com/click/39898904.6820/aHR0cHM6Ly93d3cuYXhpb3MuY29tL2F1dGhvcnMvbnNvYmN6eWs_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3NnZW5lcmF0ZSZzdHJlYW09dG9w/5ef35f01b2660a4498575447Bfa185589" class="card-byline" style="font-size:13px;font-family:'Gordita',Arial,Helvetica,sans-serif;color:#333335">Nick Sobczyk</a>
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<span class="bodytext" style="font-size: 13px; color: #848484;">
<p>Illustration: Annelise Capossela/Axios</p>
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<p>💰 <strong>The White House push to cut</strong> EPA's budget by 54% "may be a bridge too far," Rep. Mike Simpson, the agency's top House appropriator, said yesterday.</p><ul><li><strong>State of play: </strong>For the <a href="https://link.axios.com/click/39888780.534/aHR0cHM6Ly93d3cuYXhpb3MuY29tL3Byby9lbmVyZ3ktcG9saWN5LzIwMjUvMDUvMTQvcHJvcG9zZWQtZXBhLWN1dHMtcHJvYmxlbWF0aWMtbXVya293c2tpLXNheXM_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPXByb19wb2xpY3lfZW5lcmd5X3N1YnMmc3RyZWFtPXRvcA/58b8b9c18cc2b29a4e8b45d0Bcfec13da" target="_blank">second straight day</a>, Administrator Lee Zeldin faced bipartisan pushback on spending cuts.</li><li><strong>The bottom line:</strong> EPA could still get a haircut, but appropriators look likely to give Zeldin more money than the Trump administration is seeking.</li></ul><p>🗳️ <strong>The Senate confirmed Sean Donahue</strong> as EPA's general counsel in a 51–46 vote along party lines yesterday.</p><ul><li><strong>Why it matters:</strong> The agency faces lots of legal battles over its efforts to scuttle Biden-era regulations and grants. </li></ul><p>👍 <strong>EPA gave Arizona state regulators</strong> primary authority over underground CO2 injection wells (among others) under the Safe Drinking Water Act.</p><ul><li><strong>Why it matters:</strong> Backers of carbon capture tech see state "primacy" over these "Class VI" wells — already granted to Louisiana and a few others — providing faster permitting.</li></ul>
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3. 👀 Tesla adds Chipotle vet to board amid sales slump
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<span class="bodytext" style="font-size:13px;font-family:'Gordita',Arial,Helvetica,sans-serif;color:#333335">
By <a href="https://link.axios.com/click/39898904.6820/aHR0cHM6Ly93d3cuYXhpb3MuY29tL2F1dGhvcnMvYmVuX2dlbWFuP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zZ2VuZXJhdGUmc3RyZWFtPXRvcA/5ef35f01b2660a4498575447Da73e256f" class="card-byline" style="font-size:13px;font-family:'Gordita',Arial,Helvetica,sans-serif;color:#333335">Ben Geman</a>
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<span class="bodytext" style="font-size: 13px; color: #848484;">
<p>Longtime Chipotle Mexican Grill executive Jack Hartung. Photo: Laura McDermott/Bloomberg via Getty Images</p>
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<p><strong>Jack Hartung, the retiring president </strong>and chief strategy officer with fast-casual giant Chipotle, is joining Tesla's board of directors.</p><p><strong>Why it matters:</strong> The addition of Hartung, who was also Chipotle's longtime CFO, arrives as backlash to Elon Musk and rising competition are hurting the EV maker's sales.</p><p>💭 <strong>Our thought bubble:</strong> Axios top biz editor Ben Berkowitz notes Tesla is gaining someone with a unique skillset — turning around a damaged consumer brand and restoring its reputation among a skeptical public.</p><ul><li>Chipotle has done well coming back from its issues; Tesla could use some of that magic, given how its brand has been dented by Musk's travails this year.</li></ul>
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<p class="bodytext"
style="-webkit-text-size-adjust: 100% !important; margin-bottom: 0 !important; font-size: 11px !important; letter-spacing: 1.4px; color: #008dc8; font-weight:700;"
>
A MESSAGE FROM SILICON VALLEY BANK
</p>
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<span class="bodytext hed" style="font-size: 26px; color: #222222; font-family: 'gorditamedium', Arial, Helvetica, sans-serif; letter-spacing: -0.1px; line-height: 1.5;">Climate tech weathers the storm</span>
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<img src="https://tpc.googlesyndication.com/pageadimg/imgad?id=CICAgJDk3bjXBRABGAEoATIIVUTpOmDbPvg" alt="" width="600" style="width:100%" />
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<p>Clean energy and power VC deals hit an all-time high in 2024, according to SVB.</p>
<ul>
<li>AI’s energy demands and greater electrification are driving adoption and investor interest.</li>
<li>Clean energy and power VC reached $7B last year — up 15% YoY.</li>
</ul>
<p><a href="https://link.axios.com/click/39898904.6820/aHR0cHM6Ly9hZC5kb3VibGVjbGljay5uZXQvZGRtL3RyYWNrY2xrL04yMjAzMDExLjI2MDIzMDJBWElPUy9CMzMyMjIxODcuNDE2ODA1Mzk4O2RjX3Rya19haWQ9NjEzNDc4NTM4O2RjX3Rya19jaWQ9MjM1MDg2MjU1O2RjX2xhdD07ZGNfcmRpZD07dGFnX2Zvcl9jaGlsZF9kaXJlY3RlZF90cmVhdG1lbnQ9O3RmdWE9O2dkcHI9JCU3QkdEUFIlN0Q7Z2Rwcl9jb25zZW50PSQlN0JHRFBSX0NPTlNFTlRfNzU1JTdEO2dwcD0kJTdCR1BQX1NUUklOR183NTUlN0Q7Z3BwX3NpZD0kJTdCR1BQX1NJRCU3RDtsdGQ9O2RjX3Rkdj0xP2F4aW9zX2FkbGluaz0x/5ef35f01b2660a4498575447B1bee301a" target="_blank">Keep reading.</a></p>
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4. 💻 On my screen: Natural gas pain and gain
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<span class="bodytext" style="font-size:13px;font-family:'Gordita',Arial,Helvetica,sans-serif;color:#333335">
By <a href="https://link.axios.com/click/39898904.6820/aHR0cHM6Ly93d3cuYXhpb3MuY29tL2F1dGhvcnMvYmVuX2dlbWFuP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zZ2VuZXJhdGUmc3RyZWFtPXRvcA/5ef35f01b2660a4498575447Ea73e256f" class="card-byline" style="font-size:13px;font-family:'Gordita',Arial,Helvetica,sans-serif;color:#333335">Ben Geman</a>
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<img src="https://images.axios.com/CdnV4Xvs_VcZj0JgqhUCauuJ43E=/0x0:1920x1080/1920x1080/2025/05/15/1747347525146.jpg" width="600" style="width:100%" id="item05" alt="Illustration of a smart phone wearing glasses.">
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<span class="bodytext" style="font-size: 13px; color: #848484;">
<p>Illustration: Shoshana Gordon/Axios</p>
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<td height="15" style="height: 15px; font-size: 0;">&nbsp;</td>
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<p>⚠️ <strong>Natural gas-fired power</strong> faces big speed bumps even if demand rises amid the wider growth in global electricity thirst, Wood Mackenzie analysts <a href="https://link.axios.com/click/39898904.6820/aHR0cHM6Ly93d3cud29vZG1hYy5jb20vbmV3cy9vcGluaW9uL25ldy1sYW5kc2NhcGUtZm9yLWdhcy1maXJlZC1wb3dlci8_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3NnZW5lcmF0ZSZzdHJlYW09dG9w/5ef35f01b2660a4498575447B82274eba" target="_blank">write</a>.</p><ul><li><strong>Why it matters:</strong> The resource itself is abundant, but that's just part of the story. "One of the most pressing issues is the constraint on [turbine] manufacturing capacity," Woodmac finds.</li><li><strong>What's next:</strong> "This bottleneck is already leading to extended delivery timelines, with some US developers finding that the earliest they could bring new combined cycle capacity online is 2030 or beyond," it adds. </li><li><strong>Threat level:</strong> Costs are another problem, with tariffs pushing infrastructure expenses higher. Another wild card: what amount of this much-hyped data center demand actually materializes in 2030-2040 is "uncertain."</li><li><strong>The bottom line:</strong> "The market could face a period of 'turbo lag' over the next fifteen years, with various challenges threatening to slow down the anticipated growth," Woodmac finds. </li></ul><p>💵 <strong>Despite those uncertainties</strong>, S&amp;P Global Commodity Insights tallies a metric of growing market excitement about gas in a new brief.</p><ul><li><strong>Why it matters:</strong> "[E]xpectations of a coming data center-driven demand boom continue to bolster U.S. gas company valuations, which have greatly narrowed their gap relative to oil companies to the slimmest margin since at least 2017 (excluding the COVID-19 pandemic)," it states.</li><li><strong>State of play: </strong>S&amp;P tallied the stat that everyone's talking about in my son's elementary school: difference in "median enterprise value per daily barrel of oil equivalent" between U.S. gas and oil producers. It narrowed to $13,000 as of mid-April, down from $33,000 a year ago.</li></ul>
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5. 🧮 Number of the day: 18 million metric tons
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<span class="bodytext" style="font-size:13px;font-family:'Gordita',Arial,Helvetica,sans-serif;color:#333335">
By <a href="https://link.axios.com/click/39898904.6820/aHR0cHM6Ly93d3cuYXhpb3MuY29tL2F1dGhvcnMvYmVuX2dlbWFuP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zZ2VuZXJhdGUmc3RyZWFtPXRvcA/5ef35f01b2660a4498575447Fa73e256f" class="card-byline" style="font-size:13px;font-family:'Gordita',Arial,Helvetica,sans-serif;color:#333335">Ben Geman</a>
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<p><strong>That's the size of Microsoft's</strong> new CO2 removal deal with Rubicon Carbon, making it "one of the largest single-buyer commitments of its kind in the world," the companies said.</p><p><strong>What's next: </strong>It will support 15-20 year offtake deals for removal via "afforestation, reforestation, and revegetation" projects worldwide. Financial terms weren't disclosed.</p><ul><li>Rubicon is backed by the big TPG Rise climate fund, and CEO Tom Montag was previously a senior exec at Bank of America and Goldman Sachs.</li></ul><p><strong>The bottom line: </strong>The new deal "isn't just a contract," Montag said via LinkedIn. </p><ul><li>Instead it's a "signal to the market that long-term, large-scale commitments can catalyze investment in high-integrity carbon removal solutions that would otherwise go unfunded."</li></ul>
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style="-webkit-text-size-adjust: 100% !important; margin-bottom: 0 !important; font-size: 11px !important; letter-spacing: 1.4px; color: #008dc8; font-weight:700;"
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A MESSAGE FROM SILICON VALLEY BANK
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<span class="bodytext hed" style="font-size: 26px; color: #222222; font-family: 'gorditamedium', Arial, Helvetica, sans-serif; letter-spacing: -0.1px; line-height: 1.5;">SVB releases Future of Climate Tech</span>
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<img src="https://tpc.googlesyndication.com/pageadimg/imgad?id=CICAgJDk3bjPPhABGAEoATIIqKNj01Q-a6k" alt="" width="600" style="width:100%" />
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<p>2024 saw increased climate tech VC and early-stage resiliency, according to a new SVB report.</p>
<p><strong>Plus:</strong></p>
<ul>
<li>3 in 4 deals in 2024 were in Seed and Series A.</li>
<li>Clean energy VC reached $7B last year – a 15% YoY increase.</li>
</ul>
<p>Download <a href="https://link.axios.com/click/39898904.6820/aHR0cHM6Ly9hZC5kb3VibGVjbGljay5uZXQvZGRtL3RyYWNrY2xrL04yMjAzMDExLjI2MDIzMDJBWElPUy9CMzMyMjIxODcuNDE2ODA1Mzk4O2RjX3Rya19haWQ9NjEzNDc4NTM4O2RjX3Rya19jaWQ9MjM0NTQ4ODk5O2RjX2xhdD07ZGNfcmRpZD07dGFnX2Zvcl9jaGlsZF9kaXJlY3RlZF90cmVhdG1lbnQ9O3RmdWE9O2dkcHI9JCU3QkdEUFIlN0Q7Z2Rwcl9jb25zZW50PSQlN0JHRFBSX0NPTlNFTlRfNzU1JTdEO2dwcD0kJTdCR1BQX1NUUklOR183NTUlN0Q7Z3BwX3NpZD0kJTdCR1BQX1NJRCU3RDtsdGQ9O2RjX3Rkdj0xP2F4aW9zX2FkbGluaz0z/5ef35f01b2660a4498575447B681fdf01" target="_blank">The Future of Climate Tech.</a></p>
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<!doctypehtml><html xmlns=https://www.w3.org/1999/xhtml xmlns:o=urn:schemas-microsoft-com:office:office xmlns:v=urn:schemas-microsoft-com:vml><head><meta content=IE=edge http-equiv=X-UA-Compatible><meta content="text/html; charset=UTF-8"http-equiv=Content-Type><meta content=width=device-width,initial-scale=1 name=viewport><title>Tech Brew // Morning Brew // Update</title><!--[if mso]><style data-roadie-ignore='' type='text/css'>
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</style><![endif]--><style>@media only screen and (max-width:600px){.c6{margin-left:2px!important;margin-right:2px!important}body{margin-left:1px!important;margin-right:1px!important}.clear{text-align:center!important;width:100%!important;display:block!important}.clear p{margin-top:0!important;margin-bottom:2px!important}.clear img{width:160px!important}.img-responsive{display:block;width:100%!important}.ticker{text-align:center!important;width:40%!important}.symbol{text-align:center!important;margin:0 auto!important;display:block!important}.pads10{padding-left:15px!important;padding-right:15px!important}.pads6m{padding-left:6px!important;padding-right:6px!important}.w30{width:30%!important}.stock-bubble-header,.stock-bubble-subtext{font-size:14px!important}.markets-table-text{font-size:15px!important}.markets-ticker-cell{width:28%!important}.markets-value-cell{width:32%!important}.markets-bubble-cell{width:28%!important}.markets-bubble{width:85%!important}.markets-arrow{width:30%!important}.survey-title{padding-bottom:0!important}a.survey-option{margin-bottom:10px;font-size:12px!important}}@media screen and (max-width:370px){.pad5m{padding:5px!important}.pcard370{padding:6px!important}.pcard370 h3{padding:8px!important}.stock-bubble-header,.stock-bubble-subtext{font-size:12px!important}.markets-table-text{font-size:15px!important}.markets-bubble{width:95%!important}.markets-arrow{width:35%!important}}@media only screen and (max-width:600px){body{margin-left:1px!important;margin-right:1px!important}.clear{text-align:center!important;width:100%!important;display:block!important}.clear p{margin-top:0!important;margin-bottom:2px!important}.clear img{width:160px!important}.c6{margin-left:2px!important;margin-right:2px!important}.ticker{text-align:center!important;width:40%!important}.symbol{text-align:center!important;margin:0 auto!important;display:block!important}.mso-symbol{text-align:center!important;margin:0 auto!important;display:inline-block!important}}@media screen and (max-width:370px){.pad5m{padding:5px!important}.pcard370{padding:6px!important}.pcard370 h3{padding:8px!important}}</style></head><body style=margin:0><table style="border-collapse:collapse;border-collapse:collapse;table-layout:fixed;margin:0 auto;display:none"><tr><td>The history of AV tech.</td></tr></table><div class="core_hidden oslo_hidden"style=display:none!important><a href="http://www.morningbrew.com"><img src="https://link.morningbrew.com/img/5e2664f87ace5a708e769267nqz6o.1hjk/86ca97b5.gif" alt="" border="0" /></a> <img alt=Advertisement attributionsrc border=0 height=1 src=https://ad.doubleclick.net/ddm/trackimp/N636.3407870MORNINGBREW/B32511200.406114435;dc_trk_aid=598233540;dc_trk_cid=223893919;ord=615795340;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;gdpr=%24;gdpr_consent=%24;ltd=;dc_tdv=1? width=1></div><table bgcolor=#ffffff border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td><!--[if (gte mso 9)|(IE)]><table width="670" align="center" cellpadding="0" cellspacing="0" style="border: 0; width: 670px;" role="Presentation">
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<td><!-- <![endif]--> <div style="max-width:670px;margin:0 auto;display:block"><!-- HEADER --><!--[if !mso]> <!- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class="header-container card pcard"style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;padding:15px;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"><!-- NEW HEADER --> <table border=0 cellpadding=0 cellspacing=0 class=header-links-container style=border-collapse:collapse;color:#000;font-family:Arial,Helvetica,sans-serif;font-size:12px width=100%><!-- NEW HEADER --><tr><td class=column-left>May 16, 2025</td><td class="column-right core_hidden"style=text-align:right><a class=header-link href=https://links.morningbrew.com/c/zk4?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=color:#000;text-decoration:none target=_blank>View Online</a> | <a class=header-link href=https://links.morningbrew.com/c/sKe?kid=283aba26&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=color:#000;text-decoration:none target=_blank>Sign Up</a></td></tr></table> <table border=0 class=nl-logo-container style=border-collapse:collapse;margin-bottom:18px width=100%><tr><td align=center class=logo style=padding-top:25px><a href=https://links.morningbrew.com/c/6Qv?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank><img alt="Tech Brew"style="max-width:revert;border-radius:8px;width:100%;margin:0 auto;display:block"src=https://cdn.sanity.io/images/bl383u0v/production/d5b3971d4da6a3131b8dcba6f48df6759e76f381-1350x330.png?w=900&fit=max width=670> </a></td></tr></table> <table style="border-collapse:collapse;border-collapse:revert;margin:0 auto"align=center border=0 class=primary-sponsor-container><tr><td class="clear sponsor-text"align=right valign=middle><p style=color:#000;text-transform:uppercase;margin-top:15px;margin-bottom:15px;padding-right:8px;font-family:Helvetica,Arial,sans-serif;font-size:13px;font-weight:700;line-height:22px>Presented By</p></td><td class="sponsor-logo clear"style=border-bottom:none!important><a href=https://links.morningbrew.com/c/uSU?lp=logo&mbadid=858ec001f3e479ff07081ecf27f9e6e4&mbadv=a&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border-botton:none!important target=_blank><img alt=JumpCloud src=https://cdn.sanity.io/images/bl383u0v/production/53469e9fe8c8092a18df124d8d2bdb8c96d3b20a-3830x614.png?w=400&q=100&auto=format style=vertical-align:middle;width:100%;max-width:200px;display:inline width=200></a></td></tr></table> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=top-blurb-container style=padding-top:20px><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>It’s Friday.</strong> AV technology has come a long way since that DOD-sponsored desert race in the aughts. As part of Morning Brew’s <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/y2t?mblid=07e47f9812f9&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Quarter Century Project</a>, Tech Brew’s Jordyn Grzelewski explored the history of autonomous vehicles—and where things stand today.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>In today’s edition:</strong></p> <ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zk5?mblid=277b3ffb6be4&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Our self-driving future has yet to materialize. What’s next for AV tech?</a></span></li><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zk6?mblid=0a3d0bbe7f5b&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>ChargeScape and Leap partner to scale virtual power plants for electric vehicles</a></span></li><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zk7?mblid=042b8aef08b2&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Massachusetts green tech leaders won’t back down on offshore wind</a></span></li></ul> <p style=margin-top:0;margin-bottom:15px;line-height:22px>—<em>Jordyn Grzelewski, Tricia Crimmins, Annie Saunders</em></p></td></tr></table></td></tr></table><!--[if !mso]> <! -- --></div><!-- <![endif]--><!-- END HEADER --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#c2532f;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>FUTURE OF TRAVEL</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zk5?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>Hit the road </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zk5?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="A member of the SciAutononics II team gives a thumbs-up gesture from the chase vehicle as they follow their autonomous vehicle from the starting line in a quest for a million-dollar prize at the DARPA (Defense Advanced Research Projects Agency) Challenge on March 13, 2004 near Barstow, California. "src=https://cdn.sanity.io/images/bl383u0v/production/b8e52eba553a72878fd113698c5dae163151668b-1500x1000.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>David McNew/Getty Images</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px><em>Beep. Beep. Beep.</em></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Edwin Olson can still hear the faint sound of the autonomous vehicle he helped build as part of MIT’s team for the DARPA Urban Challenge in 2007 as it returned from the hourslong competition.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>“It was the most amazing feeling,” he told Tech Brew.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Nearly 20 years later, Olson is the CEO of an AV company of his own, <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/fRI?mblid=a8b84160e066&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>May Mobility</a>, and the industry is in a much different position than it was in the early days of self-driving vehicle technology.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Plenty of would-be contenders have come and gone. Leaders have emerged. Lots of modern vehicles now come equipped with some automated features, and fully self-driving vehicles are operating on a limited basis—progress is being made. But hype around people being ferried to and fro in AVs on a mass scale has collided with technical, regulatory, and scalability challenges. Yet industry stakeholders are still working toward a future where many more of our transportation needs are met by driverless vehicles—and someday by steering wheel- and pedal-free ones.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>“The public sentiment was significantly ahead of the technical reality…And then what basically happened is, the technical reality got ahead of public sentiment. And I think that’s where we are right now,” Olson said. “It can’t do everything. But it works pretty damn well, and it can solve real problems.”</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zk5?mblid=ab9a656806fc&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Keep reading here</a>.</strong><em>—JG</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/zk8?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zk9?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zka?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#c2532f;text-transform:uppercase;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>Presented By JumpCloud</h3></div> <div style="padding:0 15px"class=title-container><h1 style=color:#333;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/uSU?lp=title&mbadid=858ec001f3e479ff07081ecf27f9e6e4&mbadv=a&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=text-decoration:none;color:#000!important;border-bottom:none!important target=blank><strong style=color:#000>The new IT stack</strong></a></h1></div> <a href=https://links.morningbrew.com/c/uSU?lp=image&mbadid=858ec001f3e479ff07081ecf27f9e6e4&mbadv=a&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt=JumpCloud class=sponsored-header-image src=https://cdn.sanity.io/images/bl383u0v/production/585b67a81367770be487a542f52fc1d06cff87e1-1001x751.png?w=668&q=90&auto=format style=width:100%;max-width:670px;padding-top:15px;display:block width=670></a> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td class="sponsored-body content-container story-content"style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px>AI isn’t just an application; it demands a new IT stack.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/uSU?lp=text1&mbadid=858ec001f3e479ff07081ecf27f9e6e4&mbadv=a&mblid=decda79353ff&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>JumpCloud’s research</a> indicates significant investment in AI tools, with 42% of organizations planning investments within 6 months and 77% within the next year. A shift like that requires more than just a fundamental rethinking of IT infrastructure to support AI’s demands.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>The report explores how cloud infrastructure and other technologies are crucial in this transformation. It also highlights that 67% of admins are concerned AI is outpacing their ability to secure it.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/uSU?lp=text2&mbadid=858ec001f3e479ff07081ecf27f9e6e4&mbadv=a&mblid=ac2ee00bd4a1&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Download the report</a> to understand how to rebuild your IT for an AI-first world.</p></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#c2532f;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>FUTURE OF TRAVEL</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zk6?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>Power up </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zk6?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="Gif of vehicle-to-grid charging, showing energy flow from car to grid"src=https://cdn.sanity.io/images/bl383u0v/production/c466d09da20a1c457b19ae2806d56d590c3b5f22-1500x1000.gif?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Francis Scialabba</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px>Things that might help keep you cool this summer:</p> <ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span>Swimming pools</span></li><li style=margin-bottom:10px;line-height:22px><span>Popsicles</span></li><li style=margin-bottom:10px;line-height:22px><span>Electric vehicles (really!)</span></li></ul> <p style=margin-top:0;margin-bottom:15px;line-height:22px>The idea behind a new partnership between vehicle-to-grid integration platform ChargeScape and software platform Leap is that EVs don’t have to be liabilities to the electric grid, but can collectively serve as assets on the scale of power plants.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>The companies announced in a news release Wednesday that they’re teaming up “to accelerate electric vehicle participation in grid services programs across the United States.” ChargeScape and Leap said they’re trying to create “the largest EV virtual power plant” (VPP) in the country.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>How does it work?</strong> A VPP is a pool of aggregated energy resources—like EV batteries—that can coordinate with grid operators to send power to the grid during times of need. Leap’s focus is on helping tech companies scale VPPs.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>“We help them turn their millions of devices and customers into a resource that, to grid operators, looks just like a traditional power plant—only, as we all know, it’s much faster and much cheaper to build,” Jason Michaels, Leap’s CEO, told Tech Brew.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zk6?mblid=5af4e9338fef&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Keep reading here</a>.</strong><em>—JG</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/zkb?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zkc?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zkd?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#c2532f;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>GREEN TECH</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zk7?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>Forge ahead </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zk7?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="Offshore windmills."src=https://cdn.sanity.io/images/bl383u0v/production/76cc208fa8099575514e9578703ceabf2c86ddd3-4000x2806.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Davee Hughes Uk/Getty Images</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px>Massachusetts green tech advocates want offshore wind to be the little clean power source that could in the face of hostility from the Trump administration, according to their comments during a panel on the blue economy at the ClimaTech conference earlier this week.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>In addition to discussions about the state’s ocean clean tech market and port infrastructure, panel attendees addressed the wind-turbine-shaped elephant in the room: the fact that President Trump <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/uH-?mblid=8cc80f964bfc&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>withdrew</a> seven major <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/uI4?mblid=d2bf4b79bdc5&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>offshore wind leases</a> via an <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/uI3?mblid=c87a3ffc87bb&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>executive order</a> in January. Two of the leases affected are for projects that would have been constructed off the coast of Massachusetts, for which the state is <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zke?mblid=441d4b62e69e&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>suing</a> the Trump administration.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>“What’s been a real drag on the blue economy is the new federal administration,” Bruce Carlisle, managing director of the Massachusetts Clean Energy Center, said during the panel. “It’s kind of depressing, but we do have to talk about it. Certainly for offshore wind, the moratorium and other actions have severely curtailed and put a huge aerial fog on it.”</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>All that said, though, Carlisle encouraged Massachusetts offshore wind developers in the audience to “keep [their] eyes on the prize,” “ride out” the current administration, and “get ourselves in a position for when things get a little bit better.”</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zk7?mblid=f802ad1e536a&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Keep reading here</a>.</strong><em>—TC</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/zkf?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zkg?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zkh?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#c2532f;text-transform:uppercase;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>Together With JobsOhio</h3></div> <a href=https://links.morningbrew.com/c/z2p?lp=image&mbadid=0d1b7d102476a164e47974ed3c2357db&mbadv=a&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt=JobsOhio class=sponsored-header-image src=https://cdn.sanity.io/images/bl383u0v/production/edfb12fecf5a09bcd4ecb7a97552213a12bb95de-1000x750.jpg?w=668&q=90&auto=format style=width:100%;max-width:670px;padding-top:15px;display:block width=670></a> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td class="sponsored-body content-container story-content"style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>A not-so-hidden gem.</strong> Industry-leading businesses are flocking to Ohio. In the past few years, Amazon Data Services, Intel, and Anduril (among others) have either expanded or migrated to the Buckeye State <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/z2p?lp=text1&mbadid=0d1b7d102476a164e47974ed3c2357db&mbadv=a&mblid=6597e6a71142&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>with support from JobsOhio</a>. They’re the private economic development corporation whose team of industry experts makes it easier to move to Ohio. <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/z2p?lp=text2&mbadid=0d1b7d102476a164e47974ed3c2357db&mbadv=a&mblid=3c1ebb751762&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>See more details</a>.</p></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --> <!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#c2532f;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>BITS AND BYTES</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=card-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><div><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Stat: </strong>29.85%. That’s how much the stock price of crypto trading platform eToro rose in its first day of trading on Wednesday, Brew Markets <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zki?mblid=b65f794ba925&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>reported</a>.</p><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Quote: </strong>“It’s very difficult being a first-time manager these days, handling pay equity conversations, handling diversity conversations, handling sensitive topics…When we saw generative AI, we saw a huge potential to create these scenarios.”—<a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkj?mblid=d56bf7bee34d&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Apratim Purakayastha</a>, Skillsoft’s GM of talent development solutions, to HR Brew about how AI can aid managers in difficult conversations</p><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Read:</strong> <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkk?mblid=c1e43a8e567c&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>How the AI boom is changing commercial property risks</a> (CFO Brew)</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Go beyond: </strong>Ready to build an IT stack for the future? Here’s where to start: <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/uST?mblid=5c248869a662&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>JumpCloud’s report</a> offers insights on preparing your infrastructure for AI. <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/uST?mblid=d5aa2390b66a&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Download it</a> to learn more.*</p><placementslot data-id=268d3a06384c></placementslot><placementslot data-id=c391305fd5df></placementslot><p style=margin-top:0;margin-bottom:15px;line-height:22px><sup><em>*A message from our sponsor.</em></sup></p></div></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --> <!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#c2532f;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>COOL CONSUMER TECH</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><div class=header-image-container style=padding-top:15px><img alt="HBO Max logo on Uno Reverse card"src=https://cdn.sanity.io/images/bl383u0v/production/052f1caa372fd7c177e04c7bdfbaa4e00e8fe166-3000x2000.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Illustration: Morning Brew, Photos: Mattel / Warner Bros. Discovery</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px><em>Usually, we write about the business of tech. Here, we highlight the *tech* of tech.</em></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>To the Max:</strong> Remember when HBO Max became <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkl?mblid=793bef06218e&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>merely “Max”</a> and we all went ahead and continued to call it HBO anyway? Someone seems to have noticed. Marketing Brew <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkI?mblid=06f0504b36c5&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>reported</a> that Warner Bros. Discovery rolled back the rebrand this week.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Tech CEOs, they’re just like us:</strong> Who among us hasn’t thrown open the ol’ MacBook only to find a calendar full of squares and rectangles with very little space between them? Mark Zuckerberg, too. CFO Brew <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkn?mblid=45c17df63ee5&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>reported</a> on his comments from Stripe’s annual Sessions conference:</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>“I get really frustrated and [in a] bad mood if my whole day is scheduled, and there’s a thing that I know is really important, and I don’t get time to do it because I’m sitting in other things that are not the most important thing to be doing,” Zuckerberg said. “You have too many days like that in a row and I just explode.”</p></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#c2532f;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>JOBS</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=card-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px>Elevate your job search beyond the traditional channels. <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/iVH?mblid=aed9e92e5897&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>CollabWORK</a> is where employers seek qualified candidates through trusted, community-based referrals. Let the power of community work for you, and <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/sm2?mblid=dda91adc5d43&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>click here</a> to browse jobs curated especially for Tech Brew readers.</p> <ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zko?mblid=08d25e58d3f4&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Senior Full-Stack Engineer at an AI startup</a></span><span> (in person)</span></li><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkp?mblid=52646ff71753&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Sr. Machine Learning Engineer at a GenAI seed startup</a></span><span> (in person)</span></li><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkq?mblid=a3edb5c3aa7b&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Back End Developer, WEB3 at an undisclosed organization</a></span><span> (hybrid)</span></li></ul></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class="c6 core_hidden"style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#c2532f;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>SHARE THE BREW</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=card-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px><a style="color:#252525;border-bottom:2px solid #dc3900;text-decoration:none"class=link href=https://links.morningbrew.com/c/aOH?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Share Tech Brew</a> with your coworkers, acquire free Brew swag, and then make new friends as a result of your fresh Brew swag.</p> <p style=margin-top:0;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> <a href=https://links.morningbrew.com/c/aOH?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR> <p style=margin-top:0;margin-bottom:15px;line-height:22px><img class=img-responsive src=https://cdn.sanity.io/images/bl383u0v/production/e8c0d668fd2ce584105a14629f9409b29ddffc91-3840x2160.png?w=640&q=60 style=width:100%;max-width:640px;display:block;width:100%!important width=640></p> </a> <p style=margin-top:0;margin-bottom:15px;line-height:22px><b>Your referral count:</b> 3</p> <a class=stb-btn href=https://links.morningbrew.com/c/aOH?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#fff;text-align:center;background-color:#dc3900;border-radius:4px;width:100%;max-width:150px;padding:15px;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:900;text-decoration:none;display:block;margin-top:inherit!important;margin-bottom:inherit!important;margin-right:inherit!important;margin-left:inherit!important>Click to Share</a> <p style=margin-top:15px;margin-bottom:15px;line-height:22px>Or copy & paste your referral link to others:<br><a style="color:#252525;border-bottom:2px solid #dc3900;text-decoration:none"class=link href=https://links.morningbrew.com/c/aOI?kid=283aba26&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>emergingtechbrew.com/r/?kid=283aba26</a></p></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><table bgcolor=#C2532F border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style="text-align:center;padding:10px 0;font-size:21px"><a href=https://links.morningbrew.com/c/Hl?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/365b8a21162a71a71c4190f5b1b6e2acd45a212f-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/Hm?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/bc850f15719e478323219cbfe24640074ab0c306-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/Hn?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/4be3fbb7e388adf000065f63e01e069db9fdd60a-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/Ho?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/6af774b2e94fc201bff9ad736da144c7f1f8468a-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/4du?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/ccfbd021e2000f116305d0f75c4e95dbdb2996ba-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/Hq?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/56835eaa4b1e8e7314950c4862d5dfccc9fc410c-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a></td></tr></table><!-- FOOTER --><table bgcolor=#E9EBF7 border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style="text-align:left;border-bottom:1px solid #c0c3cc;padding:15px;font-family:Arial,Helvetica,sans-serif;font-size:15px"align=left class=footer-top><p style=margin-top:0;margin-bottom:15px;line-height:22px>Written by <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/sNK?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Jordyn Grzelewski</a>, <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/sNL?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Tricia Crimmins</a>, and <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/sNM?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Annie Saunders</a></p> <p style=margin-top:0;margin-bottom:15px;font-style:italic;line-height:22px>Was this email forwarded to you? Sign up <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/sKg?kid=283aba26&mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>here</a>.</p> <div class=core_hidden><p style=margin-top:0;margin-bottom:15px;line-height:22px><img src=https://cdn.sanity.io/images/bl383u0v/production/4dce88cb3b80f3818bbf61d2bb99117943c1b1b8-641x568.png?w=40&fit=max style=width:20px;display:inline-block width=20>   Guide → <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/Hu?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>What is AI?</a></p><p style=margin-top:0;margin-bottom:15px;line-height:22px><img src=https://cdn.sanity.io/images/bl383u0v/production/6a05a5ce61b1d5a7c556fccc6097f1af471be089-530x449.png?w=40&fit=max style=width:20px;display:inline-block width=20>   Guide → <a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/Hv?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>What is 5G?</a></p> <ul style=margin-top:0;padding-left:30px> <li style=margin-bottom:0;line-height:22px><span> Corporate: </span><span><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/yIU?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Revenue Brew</a></span><span> </span></li> </ul> <p style=margin-top:0;margin-bottom:0;line-height:22px><strong style=color:#000;font-size:17px> Get smarter in just 5 minutes </strong></p> <ul style=margin-top:0;padding-left:30px> <li style=margin-bottom:0;line-height:22px><span> Money & Career: </span><span><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/s4z?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Money With Katie</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/s4A?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Bossy</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/s4B?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Brew Markets</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #c2532f;text-decoration:none"class=link href=https://links.morningbrew.com/c/s4C?mbcid=39889824.69392&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>The Playbook</a></span><span> </span></li> </ul><p style=margin-top:0;margin-bottom:0;line-height:22px><strong style=color:#000;font-size:17px> Interested in podcasts? 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<p><strong>It's been a WEEK in health land! </strong>Thanks for sticking with us. Today's newsletter is 1,008 words or a 4-minute read.</p><ul><li><strong>1 good thing:</strong> An infant with a rare genetic condition was successfully healed with the world's first personalized gene-editing treatment, <a href="https://link.axios.com/click/39897295.48036/aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNS8wNS8xNS9oZWFsdGgvZ2VuZS1lZGl0aW5nLXBlcnNvbmFsaXplZC1yYXJlLWRpc29yZGVycy5odG1sP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zdml0YWxzJnN0cmVhbT10b3A/5ef35f01b2660a4498575447Ba7a25697" target="_blank">the New York Times reports</a>.</li></ul>
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1 big thing: Medicaid provider taxes throw off sparks
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<p><strong>Congress and the Trump administration</strong> are trying to limit how much states can tax hospitals, nursing homes and other providers to help cover the cost of their Medicaid programs. </p><ul><li>That could tie governors' and legislatures' hands at a critical moment. </li></ul><p><strong>Why it matters:</strong> The taxes have been a friction point for decades, but they're deeply ingrained in the safety net program. Every state <a href="https://link.axios.com/click/39897295.48036/aHR0cHM6Ly93d3cua2ZmLm9yZy9tZWRpY2FpZC9pc3N1ZS1icmllZi81LWtleS1mYWN0cy1hYm91dC1tZWRpY2FpZC1hbmQtcHJvdmlkZXItdGF4ZXMvP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zdml0YWxzJnN0cmVhbT10b3AjOn46dGV4dD1BbGwlMjBzdGF0ZXMlMjBleGNlcHQlMjBmb3IlMjBBbGFza2ElMjB1c2UlMjBwcm92aWRlciUyMHRheGVzJTIwdG8lMjBoZWxwLHdpdGglMjBubyUyMHByZSUyRHNldCUyMGxpbWl0Lg/5ef35f01b2660a4498575447Bb48eb4c3" target="_blank">except Alaska</a> levies at least one type of provider tax to help cover the non-federal part of Medicaid spending. </p><p><strong>How it works: </strong>States typically cover about 30% of Medicaid costs annually and use general funds along with taxes on hospitals, nursing homes and even managed care organizations. The more they collect, the more they receive in federal matching funds. </p><ul><li>That's key in the current debate over federal Medicaid spending, with <a href="https://link.axios.com/click/39897295.48036/aHR0cHM6Ly93d3cuY2JvLmdvdi9idWRnZXQtb3B0aW9ucy82MDg5Nz91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc3ZpdGFscyZzdHJlYW09dG9w/5ef35f01b2660a4498575447Ba4b271d2" target="_blank">projections showing</a> that limiting provider taxes could reduce federal outlays by hundreds of billions over a decade.</li></ul><p><strong>The stakes are particularly high</strong> for red states. Mississippi, South Carolina, Utah and Alabama would all lose more than one-third of their federal Medicaid funding without the ability to levy provider taxes. </p><p><strong>State of play: </strong>The House Energy and Commerce Committee on Wednesday advanced a sweeping overhaul of Medicaid that would prevent states from establishing new provider taxes and freeze those taxes already on the books at their current rates. </p><ul><li>Democrats unsuccessfully fought the move during a marathon 26-hour markup. But the committee ultimately advanced the restrictions and the rest of the legislation along party lines. </li><li>The Congressional Budget Office estimated the restrictions would save about $87 billion through 2034.</li></ul><p><strong>Meanwhile,</strong> <strong>the Trump administration</strong> this week proposed additional restrictions on how states can structure their provider taxes. Seven states currently have waivers for provider taxes that would have to be restructured under the new policy, mostly for taxes on insurers. </p><ul><li>That proposal alone, which mirrors another provision in the House reconciliation bill, would reduce federal Medicaid spending by $33 billion over five years, CMS estimates. </li><li>"Every state is going to have a really different situation in front of them," said Morgan Craven, a director in ATI Advisory's state program and policy practice.</li><li>"Because it's been such a part of the fabric of how so many states finance and deliver care, undoing that is going to be really complex, and states will need time and will need a really strategic lens for how they can sustainably undo these policies," she added. </li></ul><p><strong>Zoom out: </strong>Hospitals and patient advocates are concerned about the effects of such a foundational change in Medicaid financing. </p><ul><li>"By freezing the taxes, the proposal ignores circumstances that drive increased health care costs including inflation, increased labor and drug costs, increased utilization and increased population demand for service," the American Hospital Association wrote in a statement to the Energy and Commerce Committee this week.</li></ul><p><strong>Yes, but:</strong> Hospital stocks actually gained, on the premise that the House's Medicaid changes could have been more onerous, <a href="https://link.axios.com/click/39897295.48036/aHR0cHM6Ly93d3cud3NqLmNvbS9maW5hbmNlL3N0b2Nrcy9ob3NwaXRhbC1zdG9ja3MtZ2V0LXJlcHJpZXZlLW9uLW1lZGljYWlkLXNwZW5kaW5nLWZvci1ub3ctZTBmMWI2ODM_bW9kPXdzal9mdXJ0aGVycmVhZGluZ19wb3NfMSZ1dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc3ZpdGFscyZzdHJlYW09dG9w/5ef35f01b2660a4498575447B13e77a34" target="_blank">per the Wall Street Journal</a>.</p><ul><li>And the CMS proposal suggested that the Trump administration won't further try to dock provider taxes outside of congressional efforts — good news for hospital investors, Capstone senior vice president Wylie Butler wrote in an analyst note. </li></ul><p><strong>What to watch: </strong>There are some signs that Senate Republicans aren't as interested in cracking down on provider taxes as their counterparts in the House. </p><ul><li>"It's not that I think that provider taxes are good; it's that the Medicaid reimbursements have been insufficient," Sen. Susan Collins (R-Maine) told reporters this week.</li><li>"Our rural hospitals in my state and across the country are really teetering."</li></ul>
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2. Means pick reflects new era in messaging
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<a href="https://link.axios.com/click/39897295.48036/aHR0cHM6Ly93d3cuYXhpb3MuY29tL2F1dGhvcnMvZWhhd2tpbnM_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3N2aXRhbHMmc3RyZWFtPXRvcA/5ef35f01b2660a4498575447B74ce15d6" class="card-byline" style="font-size:13px;font-family:'Gordita',Arial,Helvetica,sans-serif;color:#333335">Eleanor Hawkins</a>
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<p><strong><a href="https://link.axios.com/click/39897295.48036/aHR0cHM6Ly93d3cuYXhpb3MuY29tLzIwMjUvMDUvMDgvY2FsbGV5LWNhc2V5LW1lYW5zLXJmay1tYWhhLXRydW1wP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zdml0YWxzJnN0cmVhbT10b3A/5ef35f01b2660a4498575447B8a07f7af" target="_self">Casey Means</a> was nominated</strong> to become the new face of American public health. She's not a career doctor — but she knows how to go viral. That's the point. And the risk.</p><p><strong>Why it matters:</strong> This is part of the Trump administration's broader strategy to prioritize messaging, allegiance and influence over expertise.</p><p><strong>Driving the news: </strong>Means' nomination to become surgeon general drew major backlash from the medical establishment. It also didn't sit well within segments of Robert F. Kennedy Jr.'s public health movement, because Means wasn't strident enough on vaccines. </p><ul><li>The administration has defended Means' qualifications, claiming her critics are worried that her popularity among "MAHA moms" could create "an existential threat to the status quo interests, which profit from sickness."</li></ul><p><strong>The big picture: </strong>Whatever the outcome, Means represents a continuation of the Trump administration's strategy of identifying and elevating public figures, influencers or creators who have clout within niche audiences of the MAGA-sphere.</p><ul><li>"She is reaching people in new ways that I actually would like to see more 'trusted institutions' think about," Claire Wardle, an expert on health communication and misinformation at Cornell University, told Axios.</li></ul><p><strong>Yes, but: </strong>While she focuses on issues many people might find important, she also veers into areas in which there isn't scientific consensus, she said.</p><ul><li>"When you are the nation's doctor, I would argue that you really should not be saying anything unless there's scientific consensus," Wardle said.</li></ul>
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style="-webkit-text-size-adjust: 100% !important; margin-bottom: 0 !important; font-size: 11px !important; letter-spacing: 1.4px; color: #008dc8; font-weight:700;"
>
A MESSAGE FROM THE COALITION TO STRENGTHEN AMERICA’S HEALTHCARE
</p>
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<span class="bodytext hed" style="font-size: 26px; color: #222222; font-family: 'gorditamedium', Arial, Helvetica, sans-serif; letter-spacing: -0.1px; line-height: 1.5;">We need Medicaid for a healthy America</span>
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<td height="10" style="height: 10px; font-size: 0;">&nbsp;</td>
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<img src="https://tpc.googlesyndication.com/pageadimg/imgad?id=CICAgJC0nbzqcRABGAEoATIIl1Kx0RCoWg0" alt="" width="600" style="width:100%" />
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<p>Tell Congress: Don’t cut Medicaid for America’s children and families.</p>
<p><strong>The reason:</strong> Medicaid helps keep more than 30 million children across America healthy, including nearly half of all children with special healthcare needs.</p>
<p><a href="https://link.axios.com/click/39897295.48036/aHR0cHM6Ly9zdHJlbmd0aGVuaGVhbHRoY2FyZS5vcmcvb3VyLXByaW9yaXRpZXMvbWVkaWNhaWQvP2F4aW9zX2FkbGluaz0xJnV0bV9jYW1wYWlnbj1oZWFsdGhjYXJlJnV0bV9pZD0zMC1taWxsaW9uJnV0bV9tZWRpdW09YXhpb3MmdXRtX3NvdXJjZT12aXRhbHMmc3RyZWFtPXRvcA/5ef35f01b2660a4498575447B5f00bb8f" target="_blank">Learn more.</a></p>
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3. A Trump-Cuban alliance on drug manufacturing
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<span class="bodytext" style="font-size:13px;font-family:'Gordita',Arial,Helvetica,sans-serif;color:#333335">
By <a href="https://link.axios.com/click/39897295.48036/aHR0cHM6Ly93d3cuYXhpb3MuY29tL2F1dGhvcnMvdHJlZWQ_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3N2aXRhbHMmc3RyZWFtPXRvcA/5ef35f01b2660a4498575447Cab469f55" class="card-byline" style="font-size:13px;font-family:'Gordita',Arial,Helvetica,sans-serif;color:#333335">Tina Reed</a>
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<img src="https://images.axios.com/DnFxgEsp7Y54GbpphydkVqJYKrs=/0x0:1920x1080/1920x1080/2025/05/15/1747341391659.jpg" width="600" style="width:100%" id="item04" alt="Illustration of a prescription pill bottle with the American flag as the label.">
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<span class="bodytext" style="font-size: 13px; color: #848484;">
<p>Illustration: Allie Carl/Axios</p>
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<p><strong>The Trump administration </strong>is partnering with several health companies, including Mark Cuban's Cost Plus Drug Company, to find new ways to make drugs or their key ingredients at the point of care, such as a hospital, officials <a href="https://link.axios.com/click/39897295.48036/aHR0cHM6Ly9hc3ByLmhocy5nb3YvbmV3c3Jvb20vUGFnZXMvRVFVSVAtQS1QaGFybWEtMTVNYXkyMDI1LmFzcHg_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3N2aXRhbHMmc3RyZWFtPXRvcA/5ef35f01b2660a4498575447B28ae773d" target="_blank">announced Thursday</a>. </p><p><strong>Why it matters: </strong>The launch comes amid ongoing drug supply chain concerns, particularly as tariffs threaten to increase the costs or constrict access to key active pharmaceutical ingredients in the U.S.</p><p><strong>Called Equip-A-Pharma,</strong> the program<strong> </strong>aims to lower production costs, reduce drug shortages, speed approval times and boost the rapid response to national emergencies, officials said. </p><ul><li>But it's noteworthy because of the involvement of Cuban, <a href="https://link.axios.com/click/39897295.48036/aHR0cHM6Ly93d3cuYXhpb3MuY29tLzIwMjQvMDMvMDUvbWFyay1jdWJhbi1iaWRlbi1lbmRvcnNlbWVudC10cnVtcC1zbmFrZS1vaWw_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3N2aXRhbHMmc3RyZWFtPXRvcA/5ef35f01b2660a4498575447Bdf72cd27" target="_blank">a fierce Trump critic</a>, who called him a "snake oil salesperson" last year. His company aims to <a href="https://link.axios.com/click/39897295.48036/aHR0cHM6Ly93d3cuYXhpb3MuY29tLzIwMjIvMTAvMjcvbWFyay1jdWJhbi1kcnVnLXN1cHBseS1jaGFpbj91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc3ZpdGFscyZzdHJlYW09dG9w/5ef35f01b2660a4498575447B3747896c" target="_blank">fundamentally change drug pricing</a> via a direct-to-consumer model.</li><li>Cuban did not respond to a request for comment.</li><li>The collaboration includes the HHS public health preparedness arm and the Defense Advanced Research Projects Agency, along with Battelle Memorial Institute and Aprecia, Bright Path Laboratories and Rutgers University.</li><li>The partners are expected to submit abbreviated new drug applications to the FDA within a year, officials said.</li></ul>
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style="-webkit-text-size-adjust: 100% !important; margin-bottom: 0 !important; font-size: 11px !important; letter-spacing: 1.4px; color: #008dc8; font-weight:700;"
>
A MESSAGE FROM THE COALITION TO STRENGTHEN AMERICA’S HEALTHCARE
</p>
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<span class="bodytext hed" style="font-size: 26px; color: #222222; font-family: 'gorditamedium', Arial, Helvetica, sans-serif; letter-spacing: -0.1px; line-height: 1.5;">We need Medicaid for a healthy America</span>
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<td height="10" style="height: 10px; font-size: 0;">&nbsp;</td>
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<img src="https://tpc.googlesyndication.com/pageadimg/imgad?id=CICAgJC0nayuoQEQARgBKAEyCHCAndUdS_ed" alt="" width="600" style="width:100%" />
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<p>Tell Congress: Don’t cut Medicaid for America’s children and families.</p>
<p><strong>The reason:</strong> Medicaid helps keep more than 30 million children across America healthy, covering regular check ups and so much more.</p>
<p><a href="https://link.axios.com/click/39897295.48036/aHR0cHM6Ly9zdHJlbmd0aGVuaGVhbHRoY2FyZS5vcmcvb3VyLXByaW9yaXRpZXMvbWVkaWNhaWQvP2F4aW9zX2FkbGluaz0zJnV0bV9jYW1wYWlnbj1oZWFsdGhjYXJlJnV0bV9pZD0zMC1taWxsaW9uJnV0bV9tZWRpdW09YXhpb3MmdXRtX3NvdXJjZT12aXRhbHMmc3RyZWFtPXRvcA/5ef35f01b2660a4498575447B9b7e5c5a" target="_blank">Learn more and take action.
</a></p>
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<p><em>Thanks for reading Axios Vitals, and to senior health care editor Adriel Bettelheim, managing editor Alison Snyder and copy editor Matt Piper. Please ask your friends and colleagues to <a href="https://link.axios.com/click/39897295.48036/aHR0cHM6Ly93d3cuYXhpb3MuY29tL3NpZ251cC92aXRhbHM_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3N2aXRhbHMmc3RyZWFtPXRvcA/5ef35f01b2660a4498575447B11c1b611" target="_blank">sign up</a>.</em></p>
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<td><!-- <![endif]--> <div style="max-width:670px;margin:0 auto;display:block"><!-- HEADER --><!--[if !mso]> <!- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class="header-container card pcard"style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;padding:15px;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"><!-- NEW HEADER --> <table border=0 cellpadding=0 cellspacing=0 class=header-links-container style=border-collapse:collapse;color:#000;font-family:Arial,Helvetica,sans-serif;font-size:12px width=100%><!-- NEW HEADER --><tr><td class=column-left>May 16, 2025</td><td class="column-right core_hidden"style=text-align:right><a class=header-link href=https://links.morningbrew.com/c/zkL?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=color:#000;text-decoration:none target=_blank>View Online</a> | <a class=header-link href=https://links.morningbrew.com/c/sJ2?kid=283aba26&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=color:#000;text-decoration:none target=_blank>Sign Up</a> | <a href=https://links.morningbrew.com/c/6NY?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=color:#000;text-decoration:none target=_blank>Shop</a></td></tr></table> <table border=0 class=nl-logo-container style=border-collapse:collapse;margin-bottom:18px width=100%><tr><td align=center class=logo style=padding-top:25px><a href=https://links.morningbrew.com/c/s1X?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank><img alt="Morning Brew"style="max-width:revert;border-radius:8px;width:100%;margin:0 auto;display:block"src=https://cdn.sanity.io/images/bl383u0v/production/65e2f7af234829dba0f11606a9a1430efab65892-1350x330.png?w=900&fit=max width=670> </a></td></tr></table> <table style="border-collapse:collapse;border-collapse:revert;margin:0 auto"align=center border=0 class=primary-sponsor-container><tr><td class="clear sponsor-text"align=right valign=middle><p style=color:#000;text-transform:uppercase;margin-top:15px;margin-bottom:15px;padding-right:8px;font-family:Helvetica,Arial,sans-serif;font-size:13px;font-weight:700;line-height:22px>Presented By</p></td><td class="sponsor-logo clear"style=border-bottom:none!important><a href=https://links.morningbrew.com/c/zjt?lp=logo&mbadid=d5b7eae3ef8eef55df4709abe18addde&mbadv=a&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border-botton:none!important target=_blank><img alt=Boxabl src=https://cdn.sanity.io/images/bl383u0v/production/3ac8f1c31000655e7df3808b310ec7d73370833c-1200x1200.png?w=150&q=100&auto=format style=vertical-align:middle;width:100%;max-width:75px;display:inline width=75></a></td></tr></table> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=top-blurb-container style=padding-top:20px><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Good morning.</strong> NJ Transit riders are used to dealing with disruptions and delays—and that was when people were driving the trains.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Now…they’re not. As of 12:01am ET today, engineers for the nation’s third-largest transit network went on strike, the first of its kind in more than 40 years, over a wage dispute with the agency.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Hundreds of thousands of NJ–NY commuters are now in the lurch, and a contingency plan to bring people where they need to go will only handle 20% of daily ridership. And if you’re going to the Shakira concert at MetLife Stadium tonight, prepare for the mother of all surge pricing on Uber.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><em>—Matty Merritt, Molly Liebergall, Dave Lozo, Adam Epstein, Neal Freyman</em></p></td></tr></table></td></tr></table><!--[if !mso]> <! -- --></div><!-- <![endif]--><!-- END HEADER --><!-- MARKETS --><!--[if !mso ]><! -- --><div class=c7><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><th style="text-align:left;color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:400;display:block"class=card><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td class="pcard pcard370"style=padding:15px><h3 style=color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>MARKETS</h3></td></tr></table> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td class=pad5m></td></tr><!-- Nasdaq --><tr><td class="pads10 pads6m lastline"style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0"><table border=0 cellpadding=0 cellspacing=0 role=presentation style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td align=center class=markets-arrow-cell style=text-align:center;width:12%;line-height:1em valign=middle><img alt class=markets-arrow src=https://cdn.sanity.io/images/bl383u0v/production/e4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png style=width:22% width=20></td><td class=markets-ticker-cell style=width:34% valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>Nasdaq</p></td><td class=markets-value-cell style=width:34% valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>19,112.32</p></td><td class=markets-bubble-cell style=width:20%;padding-top:8px;padding-bottom:8px valign=middle><table style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto"border=0 cellpadding=0 cellspacing=0 class=markets-bubble role=presentation><tr><td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px"valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>-0.18%</p></td></tr></table></td></tr></table></td></tr><!-- END Nasdaq --><!-- S&P --><tr><td class="pads10 pads6m lastline"style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0"><table border=0 cellpadding=0 cellspacing=0 role=presentation style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td align=center class=markets-arrow-cell style=text-align:center;width:12%;line-height:1em valign=middle><img alt class=markets-arrow src=https://cdn.sanity.io/images/bl383u0v/production/6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png style=width:22% width=20></td><td class=markets-ticker-cell style=width:34% valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>S&P</p></td><td class=markets-value-cell style=width:34% valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>5,916.93</p></td><td class=markets-bubble-cell style=width:20%;padding-top:8px;padding-bottom:8px valign=middle><table style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto"border=0 cellpadding=0 cellspacing=0 class=markets-bubble role=presentation><tr><td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px"valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>+0.41%</p></td></tr></table></td></tr></table></td></tr><!-- END S&P --><!-- Dow --><tr><td class="pads10 pads6m lastline"style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0"><table border=0 cellpadding=0 cellspacing=0 role=presentation style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td align=center class=markets-arrow-cell style=text-align:center;width:12%;line-height:1em valign=middle><img alt class=markets-arrow src=https://cdn.sanity.io/images/bl383u0v/production/6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png style=width:22% width=20></td><td class=markets-ticker-cell style=width:34% valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>Dow</p></td><td class=markets-value-cell style=width:34% valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>42,322.75</p></td><td class=markets-bubble-cell style=width:20%;padding-top:8px;padding-bottom:8px valign=middle><table style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto"border=0 cellpadding=0 cellspacing=0 class=markets-bubble role=presentation><tr><td style="background-color:#28d31a4d;border-radius:8px;padding:10px 8px"valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>+0.65%</p></td></tr></table></td></tr></table></td></tr><!-- END Dow --><!-- 10-Year --><tr><td class="pads10 pads6m lastline"style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0"><table border=0 cellpadding=0 cellspacing=0 role=presentation style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td align=center class=markets-arrow-cell style=text-align:center;width:12%;line-height:1em valign=middle><img alt class=markets-arrow src=https://cdn.sanity.io/images/bl383u0v/production/e4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png style=width:22% width=20></td><td class=markets-ticker-cell style=width:34% valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>10-Year</p></td><td class=markets-value-cell style=width:34% valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>4.455%</p></td><td class=markets-bubble-cell style=width:20%;padding-top:8px;padding-bottom:8px valign=middle><table style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto"border=0 cellpadding=0 cellspacing=0 class=markets-bubble role=presentation><tr><td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px"valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>-7.0 bps</p></td></tr></table></td></tr></table></td></tr><!-- END 10-Year --><!-- Bitcoin --><tr><td class="pads10 pads6m lastline"style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0"><table border=0 cellpadding=0 cellspacing=0 role=presentation style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td align=center class=markets-arrow-cell style=text-align:center;width:12%;line-height:1em valign=middle><img alt class=markets-arrow src=https://cdn.sanity.io/images/bl383u0v/production/e4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png style=width:22% width=20></td><td class=markets-ticker-cell style=width:34% valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>Bitcoin</p></td><td class=markets-value-cell style=width:34% valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>$103,300.83</p></td><td class=markets-bubble-cell style=width:20%;padding-top:8px;padding-bottom:8px valign=middle><table style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto"border=0 cellpadding=0 cellspacing=0 class=markets-bubble role=presentation><tr><td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px"valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>-0.16%</p></td></tr></table></td></tr></table></td></tr><!-- END Bitcoin --><!-- Alibaba --><tr><td class="pads10 pads6m lastline"style="text-align:center;mso-padding-alt:0 20px 0 20px;border-top:1px solid #e6e6e6;border-bottom:1px solid #e6e6e6;padding-bottom:0"><table border=0 cellpadding=0 cellspacing=0 role=presentation style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td align=center class=markets-arrow-cell style=text-align:center;width:12%;line-height:1em valign=middle><img alt class=markets-arrow src=https://cdn.sanity.io/images/bl383u0v/production/e4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png style=width:22% width=20></td><td class=markets-ticker-cell style=width:34% valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>Alibaba</p></td><td class=markets-value-cell style=width:34% valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:left;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>$123.90</p></td><td class=markets-bubble-cell style=width:20%;padding-top:8px;padding-bottom:8px valign=middle><table style="border-collapse:collapse;border-collapse:collapse;width:70%;margin:0 auto"border=0 cellpadding=0 cellspacing=0 class=markets-bubble role=presentation><tr><td style="background-color:#ff03034d;border-radius:8px;padding:10px 8px"valign=middle><p class="pad0 mar0 markets-table-text"style=white-space:nowrap;vertical-align:middle;text-align:center;margin:0;padding:0;font-size:16px;font-weight:700;line-height:1em>-7.57%</p></td></tr></table></td></tr></table></td></tr><!-- END Alibaba --><!-- START REGULAR TEXT --><tr><td style="padding:3px 15px 10px"><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse;font-size:13px><tr><td style=padding-right:4px>Data is provided by</td><td style=margin:0;padding-right:5px><a href=https://links.morningbrew.com/c/k2s?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=display:block target=_blank><img height=16px src=https://cdn.sanity.io/images/bl383u0v/production/61a0dac0b53d6766459afdca784ae8fe604f17ed-720x102.png?h=32&q=100&auto=format style=vertical-align:middle;height:16px;display:inline></a></td></tr></table> <p style=text-align:left;margin:0;padding:0;font-size:13px;line-height:22px>*Stock data as of market close, cryptocurrency data as of 5:00pm ET. <a style="color:#333;border-bottom:1px solid #1c7ff2;text-decoration:none"class=link-sm href=https://links.morningbrew.com/c/yHj?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Here's what these numbers mean.</a></p></td></tr><!-- END REGULAR TEXT --><tr><td style="mso-padding-alt:0px 15px 15px 15px;padding:0 15px"><ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span><strong style=color:#000>Markets: </strong></span><span>Stocks ended Thursday as </span><span><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkM?mblid=1b443ee559bf&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>mixed</a></span><span> as a buffet plate at Golden Corral, with the Dow gaining 250 points but the Nasdaq ticking down, ending a six-day winning streak for the tech-based index. Alibaba dropped after missing estimates due to a consumer slowdown and increased competition in China.</span></li></ul> <div style=display:none> </div></td></tr><tr><td style="mso-padding-alt:0px 20px 15px 20px;padding:0 20px"></td></tr></table></th></tr></table><!--[if !mso ]><! -- --></div></div><!-- <![endif]--><!-- END MARKETS --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>RETAIL</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zkZ?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>Walmart is raising some prices due to tariffs </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zkZ?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt=Walmart src=https://cdn.sanity.io/images/bl383u0v/production/f9df5c5761f34c2e01cbd3c3232d76f33e8201cc-1500x1000.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Frederic J. Brown/Getty Images</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px>The retail heavyweight has spoken. Walmart, the largest retailer in the world, <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zk-?mblid=8c77f53e5b39&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>said</a> yesterday it would raise some prices because of tariffs. Despite the 90-day reprieve on Chinese goods that will see their levy reduced from 145% to 30%, the company said it won’t absorb the rising costs it’s already seeing from suppliers.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>On Walmart’s earnings call yesterday, CEO Doug McMillon celebrated the first-ever profitable quarter for both its US and global e-commerce arms, beating Wall Street expectations. Still, McMillon said it’s not enough to offset the tariffs:</p> <ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span>Noticeable price increases are expected to hit shelves as early as the end of this month.</span></li><li style=margin-bottom:10px;line-height:22px><span>More price hikes will likely roll out this summer as retailers work through the merchandise they stockpiled when tariffs were first floated.</span></li></ul> <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">But if anyone can weather the storm, it’s Walmart</h2> <p style=margin-top:0;margin-bottom:15px;line-height:22px>While some companies have lowered full-year forecasts or ditched them all together, Walmart is sticking with its expected 3%–4% sales growth in 2025. The retail giant chalked up the wins to attracting more higher-income shoppers, a group that will likely stick with them amid all the economic uncertainty.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Walmart said it will keep the cost of everyday items like groceries low, likely by raising prices on electronics and household goods—items that higher-income customers might still buy during a downturn:</p> <ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span>In the most recent fiscal year, roughly 60% of Walmart’s revenue came from groceries.</span></li><li style=margin-bottom:10px;line-height:22px><span>Walmart emerged from the 2008 financial crisis with an even bigger market share and more brand loyalty by lowering prices on essentials.</span></li></ul> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Everyone is cutting back:</strong> April consumer spending <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zk_?mblid=e6eb9e39e87f&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>chilled</a>, increasing just 0.1%, after a pre-tariff buying spree in March, when spending surged 1.7%.<em>—MM</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/zl0?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zl1?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zl2?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c7ff2;text-transform:uppercase;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>Presented By Boxabl</h3></div> <div style="padding:0 15px"class=title-container><h1 style=color:#333;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zjt?lp=title&mbadid=d5b7eae3ef8eef55df4709abe18addde&mbadv=a&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=text-decoration:none;color:#000!important;border-bottom:none!important target=blank><strong style=color:#000>They modernized homebuilding in just 4 steps</strong></a></h1></div> <a href=https://links.morningbrew.com/c/zjt?lp=image&mbadid=d5b7eae3ef8eef55df4709abe18addde&mbadv=a&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt=Boxabl class=sponsored-header-image src=https://cdn.sanity.io/images/bl383u0v/production/3a1653954b4e908bbe7d3e8e55c64b389a5018a4-1000x600.png?w=668&q=90&auto=format style=width:100%;max-width:670px;padding-top:15px;display:block width=670></a> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td class="sponsored-body content-container story-content"style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px>Step 1: Invent foldable housing units called “Casitas” that can be rolled off assembly lines in hours.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Step 2: Sell, build, and deliver 600+ units, making <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zju?lp=text1&mbadid=d5b7eae3ef8eef55df4709abe18addde&mbadv=a&mblid=7bb95a2578e5&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>BOXABL</a> a household name in the ~$5t home construction industry.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Step 3: Gain attention from <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zju?lp=text2&mbadid=d5b7eae3ef8eef55df4709abe18addde&mbadv=a&mblid=04b8b4f9396e&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>one of America’s top homebuilders</a>, whose interest led them to also become investors.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Step 4: Begin preparing for Phase 2 production, which allows for modules to combine into townhomes, single-family houses, and apartments.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Final step? Invite everyday investors to share in your growth for just $0.80/share. <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zju?lp=text3&mbadid=d5b7eae3ef8eef55df4709abe18addde&mbadv=a&mblid=aaf6277ccee4&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Become a BOXABL investor today</a>.</p></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>WORLD</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=# style=color:#000;border-bottom:none;text-decoration:none target=_blank>Tour de headlines </a></h1></div></table> <div class=header-image-container style=padding-top:15px><img alt="Protesters outside the US Supreme Court"src=https://cdn.sanity.io/images/bl383u0v/production/6480ddd9133b7734464aadbfb291929ac2da7411-1500x1000.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Picture Alliance/Getty Images</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px><img alt src=https://em-content.zobj.net/thumbs/120/apple/237/scales_2696.png style=max-width:18px width=18> <strong style=color:#000>The Supreme Court mulled birthright citizenship.</strong> After hearing oral arguments on President Trump’s executive order attempting to deny citizenship to babies born in the US to parents who are not citizens, SCOTUS gave <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zl3?mblid=5b42fbff3fe8&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>a few hints</a> as to which direction it’s leaning. A majority of justices seemed uncomfortable with the idea of Trump’s executive order, but open to his team’s argument that lower courts should not be able to block the order nationwide—a central question in yesterday’s proceedings. It’s not clear what the decision will look like, but legal experts think the court could simultaneously try to limit lower courts’ ability to use nationwide injunctions while also preventing Trump from carrying out his executive order. A decision is expected next month.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><img alt src=https://em-content.zobj.net/thumbs/120/apple/237/right-pointing-magnifying-glass_1f50e.png style=max-width:18px width=18> <strong style=color:#000>Coinbase under investigation, hit with ransom attack.</strong> Coinbase’s wild week got much wilder when the New York Times reported yesterday that the SEC has been looking into whether the crypto exchange <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zl4?mblid=012ca3771a78&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>misstated the size</a> of its user base in securities filings. Per the New York Times, the investigation started under President Biden and has continued under President Trump. The subject of the investigation appears to be Coinbase’s claim in past disclosures and marketing materials that it has 100 million “verified users.” A company spokesperson said it no longer reports that metric and the investigation should not continue. The report came days after Coinbase joined the S&P 500, and just hours after it said it could lose $400 million following a recent hack by “rogue overseas” agents looking to steal customer data.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><img alt src=https://em-content.zobj.net/thumbs/120/apple/237/banknote-with-dollar-sign_1f4b5.png style=max-width:18px width=18> <strong style=color:#000>JPow warns of supply shocks.</strong> Fed Chair Jerome Powell, on whose every word the stock market seems to move, said at a conference yesterday that, longer-term, interest rates are likely to <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zl5?mblid=9e5a53bfff18&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>stay higher</a> amid constant changes to the economy. “We may be entering a period of more frequent, and potentially more persistent, supply shocks,” Powell said, “a difficult challenge for the economy and for central banks.” Powell also said the Fed is reviewing how it weighs its policy decisions surrounding curbing inflation and boosting employment. Stocks dropped following Powell’s comments but mostly recovered by the end of the day.<em>—AE</em></p></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>HEALTHCARE</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zl6?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>America’s biggest health insurer is falling hard </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zl6?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="UnitedHealthcare logo with money fading"src=https://cdn.sanity.io/images/bl383u0v/production/afcfe2bb5afad9bacde7585a74c2f13034612ab5-1500x1000.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Illustration: Anna Kim, Photos: Adobe Stock</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px>The single-largest health insurance company in the US appears to be hitting every step on its tumble down the stairs.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>In the latest setback for UnitedHealth Group (UHG), the Justice Department is investigating it for potential criminal fraud in its Medicare Advantage business, the Wall Street Journal <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zl7?mblid=8c9ce0096390&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>reported</a> this week. UHG called the report “deeply irresponsible” and said it hadn’t heard from the Justice Department.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>The report comes as it’s already facing a civil fraud investigation into alleged overbilling, which may soon get <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zl8?mblid=32baee9c96c1&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>dismissed</a>, and an antitrust probe the DOJ opened in 2024. There are also several more compounding crises:</p> <ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span>UHG’s CEO of four years suddenly </span><span><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zl9?mblid=be78dc60fc5a&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>stepped down</a></span><span> earlier this week for “personal reasons,” and the company suspended its 2025 sales guidance.</span></li><li style=margin-bottom:10px;line-height:22px><span>Investors sued UHG this month for allegedly downplaying the business impact of the December killing of UnitedHealthcare CEO Brian Thompson, which spotlighted widespread public frustrations with the insurance industry.</span></li><li style=margin-bottom:10px;line-height:22px><span>All that came after the largest healthcare </span><span><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/hNn?mblid=83682be721a4&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>cyberattack</a></span><span> in history, which may have affected 100 million customers of Change Healthcare (owned by UHG) in October.</span></li></ul> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Like falling off the road in <em>Mario Kart</em>:</strong> UnitedHealth Group dropped from No. 1 on the Dow in mid-April to 16th place at one point yesterday, according to Investopedia. Its share price fell more than 50% during the same period—its biggest one-month decline ever.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Crackdown season:</strong> Federal officials have also accused Aetna, Humana, and Elevance (formerly Anthem) of defrauding the government by pushing Medicare Advantage plans with the highest kickbacks in a civil <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zla?mblid=acc84fe0e91e&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>lawsuit</a> filed this month.<em>—ML</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/zlb?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zlc?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zld?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c7ff2;text-transform:uppercase;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>Together With Fidelity </h3></div> <a href=https://links.morningbrew.com/c/zin?lp=image&mbadid=0199a04c944cb0025d07ff2a4713854d&mbadv=a&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="Fidelity "class=sponsored-header-image src=https://cdn.sanity.io/images/bl383u0v/production/a9076fb8c0ceda0bab59ae68798ac5fe6fa53316-1000x668.jpg?w=668&q=90&auto=format style=width:100%;max-width:670px;padding-top:15px;display:block width=670></a> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td class="sponsored-body content-container story-content"style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Take some stress out of running your startup.</strong> <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zin?lp=text1&mbadid=0199a04c944cb0025d07ff2a4713854d&mbadv=a&mblid=52dd71a87808&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Fidelity Private Shares</a>℠ can help make equity management one less thing you need to worry about. Everything lives within a single, collaborative hub, allowing you to better manage your cap table and data room, attain accurate 409A valuations, automate your next financing round, and a whole lot more. <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zin?lp=text2&mbadid=0199a04c944cb0025d07ff2a4713854d&mbadv=a&mblid=e603516f50d8&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Schedule a demo</a>.</p></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>BUSINESS</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zle?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>Dick’s is buying Foot Locker </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zle?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="Dick's and Foot Locker logos side-by-side"src=https://cdn.sanity.io/images/bl383u0v/production/139cbb150933278f19240c2d36b8e332e99f3d51-1500x1000.png?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Dick's Sporting Goods, Foot Locker</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td style="padding:15px 15px 0"class=content-container><p style=margin-top:0;margin-bottom:15px;line-height:22px>Dick’s Sporting Goods will spend $2.4 billion to <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlf?mblid=77ca1c102aa3&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>acquire</a> rival Foot Locker, hoping to boost its international footprint, attract a younger and more urban customer base, and corner the market on <del>striped referee shirts</del> Nike products.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>While Dick’s draws a suburban, older crowd that’s probably more interested in being fitted for golf clubs and Skechers, Foot Locker’s youthful customers are more likely to be into the sneaker culture that Dick’s sees as key to its growth:</p> <ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span>UBS analysts believe Nike could account for 35% of Dick’s total sales when the deal is completed.</span></li><li style=margin-bottom:10px;line-height:22px><span>Foot Locker, which will continue as a standalone brand, has 2,400 locations and some actually aren’t in American malls. (It operates in 20 countries, while Dick’s has yet to expand beyond US borders.)</span></li></ul> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Antitrust issues?</strong> Dick’s CEO Lauren Hobart said she’s “not expecting any regulatory concerns” from the FTC, despite these two sporting goods giants forming a superteam.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>In stock:</strong> Investors had opposite reactions about this union of athletic gear distributors. Dick’s shares reached all-time highs in January, but closed down 15% yesterday. Foot Locker, meanwhile, became a takeover candidate thanks to a stock price that had fallen 41% this year due to tariff concerns Dick’s <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zlg?mblid=48e84795c6b7&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>did not have</a>...but finished up by a mammoth 80% on the day yesterday.<em>—DL</em></p></td></tr><tr><td class=social-container style=padding-bottom:15px;padding-left:15px><!-- SOCIAL LINKS --> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style=padding-top:12px><a href=https://links.morningbrew.com/c/zlh?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/cab2ac077d288f7ba1df3571cb0ec28ce8f32b86-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zlk?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/7372d7c942cc95144c43e3004730ca0cf8a23025-96x96.png style=width:25px;display:inline-block width=25> </a><span> </span> <a href=https://links.morningbrew.com/c/zlj?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=text-decoration:none target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/774271f5d2278014f1af0759475660e1761384eb-357x357.png?w=50&fit=max style=width:25px;display:inline-block width=25> </a></td></tr></table> <!-- END SOCIAL LINKS --></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>STAT</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=# style=color:#000;border-bottom:none;text-decoration:none target=_blank>Prime number: $27.50 Magna Carta </a></h1></div></table> <div class=header-image-container style=padding-top:15px><img alt="copy of the Magna Carta"src=https://cdn.sanity.io/images/bl383u0v/production/d55a5602b6fa67a117de415ba97f4c11353458a7-1500x1000.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em>Lorin Granger/Harvard Law School</em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px>This is kinda like when Frodo discovered that the gold tchotchke Bilbo gifted him was actually the One Ring. Harvard just found out that a “copy” of the Magna Carta it bought decades ago for $27.50 is, in fact, an <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkN?mblid=c7581af79990&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>extremely rare</a> original from 1300.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Two British historians perusing Harvard’s archives made the realization and soon confirmed via spectral imaging that the presumed knockoff is really a 725-year-old relic. Experts say it’s worth tens of millions of dollars.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Signed by King John of England in 1215, the Magna Carta laid the foundation for modern concepts of law, inspired the US Constitution, and now serves as the subject of countless mediocre seventh-grade world history essays. The 1300 version at Harvard is believed to be one of only seven in existence. The four surviving copies from 1215 are all housed in the UK.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>That sound you’re hearing is everyone with a gift shop copy of the Declaration of Independence suddenly getting their hopes up.<em>—AE</em></p></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>QUIZ</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=https://links.morningbrew.com/c/zkO?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#000;border-bottom:none;text-decoration:none target=_blank>Friday news quiz </a></h1></div></table> <div class=header-image-container style=padding-top:15px><a href=https://links.morningbrew.com/c/zkO?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=border:none;text-decoration:none target=_blank><img alt="New Friday quiz image"src=https://cdn.sanity.io/images/bl383u0v/production/215e92bf9db8d1b0eb13e4e74ccab19fb6a3f1bb-3000x750.jpg?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670> </a><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em> </em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px>The feeling of getting a 5/5 on the Brew’s Weekly News Quiz has been compared to finding a pair of clean socks in the back of your drawer.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>It’s that satisfying. <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkO?mblid=645123694b95&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Ace the quiz</a>.</p></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>NEWS</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=card-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=# style=color:#000;border-bottom:none;text-decoration:none target=_blank>What else is brewing </a></h1></div></table> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkP?mblid=f16f59bfc5f7&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Air traffic control</a></span><span> at Denver International Airport was hit by communication outages earlier this week, Bloomberg reported, days after Newark Liberty International Airport was plagued by radio and radar problems.</span></li><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkQ?mblid=4d681ff3a079&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Ukrainian President Volodymyr Zelensky</a></span><span> arrived in Turkey yesterday for scheduled peace talks with Russia, but Vladimir Putin was a no-show, sending a low-level delegation in his place.</span></li><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkR?mblid=5066496879e5&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank><em>The Odyssey</em></a></span><span>, Christopher Nolan’s next blockbuster, will be the first commercial feature film to be shot entirely on Imax cameras, The Hollywood Reporter…reported.</span></li><li style=margin-bottom:10px;line-height:22px><span><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkS?mblid=8e0ea6ba15c1&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Jamie Dimon</a></span><span> admitted he “emoted a little bit” during an expletive-laden JPMorgan Chase town hall meeting in February when he railed against working from home (he’s still against it).</span></li></ul></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --> <!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>RECS</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=story-content><div class=header-image-container style=padding-top:15px><img alt="To-do list banner"src=https://cdn.sanity.io/images/bl383u0v/production/762cbc4c673b8613a0de1bf6711a4fc25276f7a4-1350x330.png?w=668&q=70&auto=format style=width:100%;max-width:670px;display:block width=670><p style=margin:0;padding:0;line-height:22px><span class=source style=margin-top:5px;margin-bottom:0;padding-left:10px;line-height:14px;display:inline-block><small><em> </em></small></span></p></div> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><div><p style=margin-top:0;margin-bottom:15px;line-height:22px><img alt src=https://em-content.zobj.net/thumbs/120/apple/237/white-heavy-check-mark_2705.png style=max-width:18px width=18> <strong style=color:#000>Host:</strong> Morning Brew’s <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkT?mblid=461726d634f5&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>15 recommendations</a> to help you win Memorial Day weekend.**</p><p style=margin-top:0;margin-bottom:15px;line-height:22px><img alt src=https://em-content.zobj.net/thumbs/120/apple/237/white-heavy-check-mark_2705.png style=max-width:18px width=18> <strong style=color:#000>Read: </strong><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkU?mblid=31090e9f308c&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>A free library</a> of short fiction stories that are in the public domain.</p><p style=margin-top:0;margin-bottom:15px;line-height:22px><img alt src=https://em-content.zobj.net/thumbs/120/apple/237/white-heavy-check-mark_2705.png style=max-width:18px width=18> <strong style=color:#000>Sleep: </strong>Everything you need to know about <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkV?mblid=807d3a264fd0&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>mouth tape</a>.</p><p style=margin-top:0;margin-bottom:15px;line-height:22px><img alt src=https://em-content.zobj.net/thumbs/120/apple/237/white-heavy-check-mark_2705.png style=max-width:18px width=18> <strong style=color:#000>Watch: </strong>The business of <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkW?mblid=593d33b059e7&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>product placement</a> in TV shows and movies.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><img alt src=https://em-content.zobj.net/thumbs/120/apple/237/white-heavy-check-mark_2705.png style=max-width:18px width=18> <strong style=color:#000>Her health: </strong>Join <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/z1s?mblid=952a0222a4bf&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Calm’s virtual webinar</a> for a candid discussion on women’s health in the workplace. The conversation covers the link between mental and physical health, resources, and community-building. <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/z1s?mblid=7163d56c13f0&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Register here</a>.*</p><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000><img alt src=https://em-content.zobj.net/thumbs/120/apple/237/white-heavy-check-mark_2705.png style=max-width:18px width=18> The fixed-returns fix:</strong> <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zjs?mblid=0441ee7c3fff&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Connect Invest</a> removes barriers that gatekeep <em>who </em>can invest in real estate offerings. To see how you (yes, you) can get started, <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zjs?mblid=fd0434b0b05d&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>check out our full article</a>.*</p><placementslot data-id=08bbdb5f1058></placementslot><p style=margin-top:0;margin-bottom:15px;line-height:22px><sup><em>*A message from our sponsor. **This article contains product recommendations from our writers. When you buy through these links, Morning Brew may earn a commission.</em></sup></p></div></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --> <!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>GAMES</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=card-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><div style="padding:0 15px"class=title-container><h1 class=story-title style=color:#000;margin-top:8px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:24px;font-weight:700;line-height:26px><a href=# style=color:#000;border-bottom:none;text-decoration:none target=_blank>The puzzle section </a></h1></div></table> <table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px><strong style=color:#000>Decipher: </strong>Your task is to decode a famous line of poetry from a jumble of letters. <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkX?mblid=533b4a9fa069&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Get after it</a>, then brag to your eighth-grade English teacher.</p> <h2 style="color:#000;margin:0 0 15px;font-family:Helvetica,Arial,sans-serif;font-size:19px;font-weight:700">Friday puzzle</h2> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Here is a notorious puzzle known as the “potato paradox.”</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Fred brings home 100kg of potatoes, which consist of 99% water. He then leaves them outside overnight so that they consist of 98% water. What is their new weight?</p></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class="c6 core_hidden"style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>SHARE THE BREW</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=card-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px><a style="color:#252525;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/6Wq?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>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=margin-top:0;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> <a href=https://links.morningbrew.com/c/6Wq?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR> <p style=margin-top:0;margin-bottom:15px;line-height:22px><img class=img-responsive src=https://cdn.sanity.io/images/bl383u0v/production/e8c0d668fd2ce584105a14629f9409b29ddffc91-3840x2160.png?w=640&q=60 style=width:100%;max-width:640px;display:block;width:100%!important width=640></p> </a> <p style=margin-top:0;margin-bottom:15px;line-height:22px><b>Your referral count:</b> 3</p> <a class=stb-btn href=https://links.morningbrew.com/c/6Wq?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR style=color:#fff;text-align:center;background-color:#1c7ff2;border-radius:4px;width:100%;max-width:150px;padding:15px;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:900;text-decoration:none;display:block;margin-top:inherit!important;margin-bottom:inherit!important;margin-right:inherit!important;margin-left:inherit!important>Click to Share</a> <p style=margin-top:15px;margin-bottom:15px;line-height:22px>Or copy & paste your referral link to others:<br><a style="color:#252525;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/7tc?kid=283aba26&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>morningbrew.com/daily/r/?kid=283aba26</a></p></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- STORY ARTICLE --><!--[if !mso ]><! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 class=story-container style=border-collapse:collapse width=100%><tr><td style="color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;display:block"class=card><div style="padding:15px 15px 0"class=tag-container><h3 style=color:#1c7ff2;margin-top:0;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:700>ANSWER</h3></div> <table border=0 cellpadding=0 cellspacing=0 class=story-content-container style=border-collapse:collapse width=100%><tr><td class=card-content><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse width=100%><tr><td class=content-container style=padding:15px><p style=margin-top:0;margin-bottom:15px;line-height:22px>50kg. <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zkY?mblid=ced949a62b05&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>Here’s why</a>.</p> <p style=margin-top:0;margin-bottom:15px;line-height:22px><span style=text-decoration:underline>Word of the Day</span></p> <p style=margin-top:0;margin-bottom:15px;line-height:22px>Today’s Word of the Day is: tchotchke, meaning “a trinket.” Thanks to Nate from Fairport, NY, and many others for the suggestion. Submit another Word of the Day <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/aVn?mblid=ab0eeaf0cc71&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>here</a>.</p></td></tr></table></td></tr></table></td></tr></table><!--[if !mso ]><! -- --></div><!-- <![endif]--><!-- END STORY ARTICLE --><!-- DISCLAIMER --><!--[if !mso]> <! -- --><div class=c6 style=margin-bottom:7px><!-- <![endif]--><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><th style="text-align:left;color:#333;border-collapse:collapse;box-shadow:none;background-color:#fff;border:1px solid #e6e6e6;border-radius:15px;margin-bottom:0;font-family:Helvetica,Arial,sans-serif;font-size:16px;font-weight:400;display:block"class=card><table border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td class=disclaimers-content style=padding:15px;font-size:10px><p style=margin-top:0;margin-bottom:15px;font-size:10px;line-height:10px><strong style=color:#000>✢ A Note From Boxabl</strong></p> <span style=font-size:10px><p style=margin-top:0;margin-bottom:15px;line-height:22px>This is a paid advertisement for Boxabl’s Regulation A offering. Please read the offering circular at <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/zju?mblid=5e5ffcb0b913&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>https://www.boxabl.com/invest/</a>.</p></span></td></tr></table></th></tr></table><!--[if !mso]><! -- --></div><!-- <![endif]--><!-- END DISCLAIMER --><table bgcolor=#1C7FF2 border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style="text-align:center;padding:10px 0;font-size:21px"><a href=https://links.morningbrew.com/c/sJ?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/365b8a21162a71a71c4190f5b1b6e2acd45a212f-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/sK?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/bc850f15719e478323219cbfe24640074ab0c306-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/sL?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/4be3fbb7e388adf000065f63e01e069db9fdd60a-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/sM?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/6af774b2e94fc201bff9ad736da144c7f1f8468a-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/49z?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/ccfbd021e2000f116305d0f75c4e95dbdb2996ba-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a>  <a href=https://links.morningbrew.com/c/sO?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener style=vertical-align:super;width:32px;height:32px;line-height:32px;display:inline-block target=_blank><img src=https://cdn.sanity.io/images/bl383u0v/production/56835eaa4b1e8e7314950c4862d5dfccc9fc410c-96x96.png style=vertical-align:text-top;width:100%;height:100% width=32> </a></td></tr></table><!-- FOOTER --><table bgcolor=#E9EBF7 border=0 cellpadding=0 cellspacing=0 style=border-collapse:collapse;border-collapse:collapse width=100%><tr><td style="text-align:left;border-bottom:1px solid #c0c3cc;padding:15px;font-family:Arial,Helvetica,sans-serif;font-size:15px"align=left class=footer-top><p style=margin-top:0;margin-bottom:15px;line-height:22px>Written by <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/sNS?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Adam Epstein</a>, <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/sKN?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Matty Merritt</a>, <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/sKP?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Molly Liebergall</a>, <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/sI-?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Dave Lozo</a>, and <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/sIZ?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Neal 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Sign up <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/sJ8?kid=283aba26&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>here</a>.</p> <div class=core_hidden> <ul style=margin-top:0;padding-left:30px> <li style=margin-bottom:0;line-height:22px><span> Corporate: </span><span><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/yJ0?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Revenue Brew</a></span><span> </span></li> </ul> <p style=margin-top:0;margin-bottom:0;line-height:22px><strong style=color:#000;font-size:17px> Get smarter in just 5 minutes </strong></p> <ul style=margin-top:0;padding-left:30px> <li style=margin-bottom:0;line-height:22px><span> Money & Career: </span><span><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/s20?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Money With Katie</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/s21?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Bossy</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/s22?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>Brew Markets</a></span><span>   </span><span><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/s23?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>The Playbook</a></span><span> </span></li> </ul><p style=margin-top:0;margin-bottom:0;line-height:22px><strong style=color:#000;font-size:17px> Interested in podcasts? </strong></p><ul style=margin-top:0;padding-left:30px><li style=margin-bottom:10px;line-height:22px><span> Check out ours </span><span><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/s24?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR rel=noopener target=_blank>here</a></span></li></ul></div></td></tr><tr><td align=center style=color:#79787d;padding:15px;font-family:Arial,Helvetica,sans-serif;font-size:12px><a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/wXK?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>ADVERTISE</a> // <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/wXL?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>CAREERS</a> // <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/6Ou?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR>SHOP</a> // <a style="color:#333;border-bottom:2px solid #1c7ff2;text-decoration:none"class=link href=https://links.morningbrew.com/c/6Ow?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>FAQ</a> <br> <br> Update your email preferences or unsubscribe <a class="link mwk-footer-link"style="color:#1c7ff2;border-bottom:2px solid #1c7ff2;text-decoration:none"href=https://links.morningbrew.com/c/7sN?access_token=5stYjN1hBSn7CXnd3Rz5bdZR&bid=39892868&mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>here</a>. <br> View our privacy policy <a class="link mwk-footer-link"style="color:#1c7ff2;border-bottom:2px solid #1c7ff2;text-decoration:none"href=https://links.morningbrew.com/c/6Oy?mbcid=39892868.609520&mid=6863654a5331c4a369cbfbfb30e8fe59&mbuuid=5stYjN1hBSn7CXnd3Rz5bdZR target=_blank>here</a>. <br> <br> Copyright © 2025 Morning Brew Inc. 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<div class="sailthru-emco-preheader" style="display: none; max-height: 0px; overflow: hidden;">News for the intellectually curious.</div><div><span class="c9"><img src="https://link.join1440.com/img/67e6337b54501fc59102a881nr2xq.2xzrw/1f9076e8.gif" alt="beacon" /></span></div><table cellpadding="0" cellspacing="0" border="0" width="100%">
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<td style="font-size:0px;line-height:0;mso-line-height-rule:exactly;">&nbsp;
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<td valign="top" style="padding-top:7px;padding-right:20px;padding-bottom:5px;padding-left:20px;"><div style="font-family:Georgia, Times, Times New Roman, serif;font-size:23px;color:#000000;font-weight:normal;line-height:32px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:4px;text-align:left;"><p style="padding:0;margin:0;">Gene-Editing Breakthrough</p></div>
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<td valign="top" style="padding-top:12px;padding-right:20px;padding-bottom:10px;padding-left:20px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">A personalized gene-editing treatment <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cud3NqLmNvbS90ZWNoL2Jpb3RlY2gvY3Jpc3ByLWdlbmUtZWRpdGluZy10aGVyYXB5LXBoaWxhZGVscGhpYS1pbmZhbnQtOGZjM2EyYzU_c3Q9NVQ2bnRLJm1vZD0xNDQwJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881B6d744e5b" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font
style="color:#0000ee;">successfully treated an infant</font></a> with a rare genetic disease known as CPS1 deficiency, doctors announced yesterday. It marks the first time a patient of any age has been successfully treated via customized CRISPR gene editing.</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">While CRISPR—which typically acts as molecular scissors, deleting faulty genetic code (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9qb2luMTQ0MC5jb20vdG9waWNzL2NyaXNwcj91dG1fc291cmNlPTE0NDAtZGQmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249dmlldy1jb250ZW50LXRvcCZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881B6adc9b34" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font
style="color:#0000ee;">see deep dive</font></a>)—has been approved to treat diseases like sickle cell and beta-thalassemia, these are relatively common diseases. CPS1 deficiency, which blocks the liver's ability to process ammonia, affects around one in 1.3 million children and is linked to specific mutations in each patient. Doctors used an advanced form of CRISPR known as base editing, which acts more like a "spell check" for genes and is capable of replacing individual bases with the correct code (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cueW91dHViZS5jb20vd2F0Y2g_dj0wVy1fQm1yZEgtTSZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881Bdfc88fa4" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">watch explainer video</font></a>).</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="padding:0;margin:0;"><span class="mso-font-fix-arial">Researchers hope the demonstration can be extended to treat millions of patients with rare or otherwise unique diseases.&nbsp;Read more about the development of the treatment <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuc3RhdG5ld3MuY29tLzIwMjUvMDUvMTUvY3Jpc3ByLWdlbmUtZWRpdGluZy1sYW5kbWFyay1maXJzdC1ldmVyLXNpbmdsZS1wYXRpZW50LWdlbmV0aWMtZml4LW5lam0tcmVwb3J0cy8_dXRtX3NvdXJjZT1qb2luMTQ0MCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9wbGFjZW1lbnQ9bmV3c2xldHRlciZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881B182674ac" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">here</font></a>.</span></p></div>
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<td valign="top" style="padding-right:20px;padding-bottom:5px;padding-left:20px;"><div style="font-family:Georgia, Times, Times New Roman, serif;font-size:23px;color:#000000;font-weight:normal;line-height:32px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:4px;text-align:left;"><p style="padding:0;margin:0;">Birthright Citizenship</p></div>
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<td valign="top" style="padding-top:12px;padding-right:20px;padding-bottom:10px;padding-left:20px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">The Supreme Court <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuYmJjLmNvbS9uZXdzL2FydGljbGVzL2NtMnllcjgzMTIwbz91dG1fc291cmNlPWpvaW4xNDQwJnV0bV9tZWRpdW09ZW1haWwmdXRtX3BsYWNlbWVudD1uZXdzbGV0dGVyJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881B73718993" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font
style="color:#0000ee;">appeared undecided</font></a> yesterday on whether lower courts can implement nationwide—rather than more limited—injunctions on presidential orders. The case stems from President Donald Trump’s January executive order <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cud2hpdGVob3VzZS5nb3YvcHJlc2lkZW50aWFsLWFjdGlvbnMvMjAyNS8wMS9wcm90ZWN0aW5nLXRoZS1tZWFuaW5nLWFuZC12YWx1ZS1vZi1hbWVyaWNhbi1jaXRpemVuc2hpcC8_dXRtX3NvdXJjZT1qb2luMTQ0MCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9wbGFjZW1lbnQ9bmV3c2xldHRlciZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881B86b75ac3" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">seeking to end birthright citizenship</font></a>, which has been blocked nationwide by three federal lower court judges.</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">Birthright citizenship offers full legal rights to anyone born in the US regardless of immigration status (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuY2ZyLm9yZy9hcnRpY2xlL3doYXQtYmlydGhyaWdodC1jaXRpemVuc2hpcC1hbmQtY291bGQtc3VwcmVtZS1jb3VydC1lbmQtaXQ_dXRtX3NvdXJjZT1qb2luMTQ0MCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9wbGFjZW1lbnQ9bmV3c2xldHRlciZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881Be12a16ab" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font
style="color:#0000ee;">read 101</font></a>). It has been the legal precedent in the US since the passage of the 14th Amendment in 1868. The administration argues this practice does not include children born to parents in the country without legal status and claims it incentivizes unauthorized migration. Critics of the administration say overturning the practice would create a second-class group of noncitizens in the US.</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="padding:0;margin:0;"><span class="mso-font-fix-arial">The justices debated whether universal injunctions—whose use by lower courts <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9ibG9nLmRpdmlkZWRhcmd1bWVudC5jb20vcC90aGUtdW5pdmVyc2FsLWluanVuY3Rpb24tY2FzZXMtcGFydD9vcGVuPWZhbHNlJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgxIyVDMiVBN3doZW4tZGlkLXVuaXZlcnNhbC1pbmp1bmN0aW9ucy1zdGFydD91dG1fc291cmNlPWpvaW4xNDQwJnV0bV9tZWRpdW09ZW1haWwmdXRtX3BsYWNlbWVudD1uZXdzbGV0dGVy/67e6337b54501fc59102a881Be682d66a" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">has increased significantly in the last decade</font></a>—could be replaced by class-action lawsuits, which require more stringent review. A decision is expected this summer.</span></p></div>
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<td valign="top" style="padding-top:12px;padding-right:20px;padding-bottom:10px;padding-left:20px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">A rare original Magna Carta from 1300 has <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cud3NqLmNvbS91cy1uZXdzL2hhcnZhcmQtb3JpZ2luYWwtbWFnbmEtY2FydGEtMDdiZjljN2Y_c3Q9RFdnc3dGJm1vZD0xNDQwJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881B9addef4f" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font
style="color:#0000ee;">been identified</font></a>&nbsp;in Harvard Law School’s archives. Purchased in 1946 for just &#36;27.50 (about &#36;477 today), it was misfiled for decades and long mistaken for a replica. The sheepskin parchment is now confirmed as one of only seven known surviving originals issued by King Edward I that year.</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">British historians discovered its significance after encountering a high-resolution <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9paWlmLmxpYi5oYXJ2YXJkLmVkdS9tYW5pZmVzdHMvdmlldy9kcnM6NDkzNjQ4NTkkMWk_dXNlcl9pZD02N2U2MzM3YjU0NTAxZmM1OTEwMmE4ODE/67e6337b54501fc59102a881Bf1e5cee7" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">digital image</font></a>&nbsp;online. They then used ultraviolet light and spectral imaging to compare the physical texts to verify its authenticity. They believe the document was first sent to the parliamentary borough of Appleby-in-Westmorland, England, and later purchased by London book dealers from a Royal Air Force war hero before being sold to Harvard.</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="padding:0;margin:0;"><span class="mso-font-fix-arial">First signed in 1215 by King John, the <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9odW1hbnJpZ2h0cy5nb3YuYXUvbWFnbmFjYXJ0YS9pbmZvZ3JhcGhpYy8_dXNlcl9pZD02N2U2MzM3YjU0NTAxZmM1OTEwMmE4ODE/67e6337b54501fc59102a881Bf707dbf1" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">Magna Carta</font></a> established the principle that no one—not even a monarch—is above the law. The 1300 version, known as a Confirmation of the Charters, reaffirmed those rights and helped lay the foundation for constitutional law, including the US Constitution.</span></p></div>
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<td valign="top" style="padding-right:20px;padding-bottom:10px;padding-left:20px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">Picture this—PhD scientists from Johns Hopkins, Harvard, Berkeley, and Stanford get together to master the science of probiotics. They are the first minds to uncover one of&nbsp;<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9wZW5kdWx1bWxpZmUuY29tL2Rpc2NvdW50LzE0NDBORVdTP3JlZGlyZWN0PS9wcm9kdWN0cy9wZW5kdWx1bS1ha2tlcm1hbnNpYSZ1dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1wYWlkLjE0NDAmdXRtX2NhbXBhaWduPUFjcXVpc2l0aW9uLTE5NSZ1dG1fY29udGVudD1nbHAxJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881Dcfdf3d3a"
target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;"><strong>the most beneficial strains for gut health</strong></font></a>, develop the technology to manufacture and deliver the strain in a bioavailable way (so it arrives to your colon, alive), and make such an impact, movie star Halle Berry wants to get involved.&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">Sound crazy? It is, but that’s the true story of&nbsp;<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9wZW5kdWx1bWxpZmUuY29tL2Rpc2NvdW50LzE0NDBORVdTP3JlZGlyZWN0PS9wcm9kdWN0cy9wZW5kdWx1bS1ha2tlcm1hbnNpYSZ1dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1wYWlkLjE0NDAmdXRtX2NhbXBhaWduPUFjcXVpc2l0aW9uLTE5NSZ1dG1fY29udGVudD1nbHAxJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881Ecfdf3d3a" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;"><strong>Pendulum</strong></font></a>. They’ve improved countless lives with their Akkermansia probiotic, which strengthens your gut lining, improves metabolic and digestive health, and&nbsp;<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9wZW5kdWx1bWxpZmUuY29tL2Rpc2NvdW50LzE0NDBORVdTP3JlZGlyZWN0PS9wcm9kdWN0cy9wZW5kdWx1bS1ha2tlcm1hbnNpYSZ1dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1wYWlkLjE0NDAmdXRtX2NhbXBhaWduPUFjcXVpc2l0aW9uLTE5NSZ1dG1fY29udGVudD1nbHAxJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881Fcfdf3d3a" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;"><strong>increases GLP-1 production</strong></font></a>.* With hundreds of 5-star reviews, 3,000+ mentions of&nbsp;<em>Akkermansia muciniphila&nbsp;</em>in scientific publications, and over 15K medical professional recommendations, they’re most certainly living up to the hype.&nbsp;</span></p>
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<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial"><span style="font-size:10px;"><em>*Based on preclinical studies</em></span></span></p>
<p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><span style="font-size:10px;"><em>This product is not intended for weight loss</em></span></span></p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:10px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><span style="font-size:18px;"><strong><span style="color:#7edcf2;">&gt;</span></strong>&nbsp;</span><strong>Grammy-winning R&amp;B artist </strong>Chris Brown<strong> </strong>arrested in Manchester, UK, over alleged 2023 assault at a London nightclub (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuYmJjLmNvbS9uZXdzL2FydGljbGVzL2MxNW56djE4ZGR2bz91dG1fc291cmNlPWpvaW4xNDQwJnV0bV9tZWRpdW09ZW1haWwmdXRtX3BsYWNlbWVudD1uZXdzbGV0dGVyJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881B731ec402" target="_blank"
style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">More</font></a>)&nbsp;</span></p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:10px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><span style="font-size:18px;"><strong><span style="color:#7edcf2;">&gt;</span></strong>&nbsp;</span><strong>The 150th Preakness Stakes</strong>, the second leg of horse racing's Triple Crown, is set for tomorrow (7 pm ET, NBC); Kentucky Derby winner&nbsp;Sovereignty will not run but is expected to race in the Belmont Stakes&nbsp;(<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cudXBpLmNvbS9TcG9ydHNfTmV3cy8yMDI1LzA1LzE1L3ByZWFrbmVzcy1zdGFrZXMtaG9yc2UtcHJvZmlsZXMvMjc1MTc0NzE5OTEwMi8_dXRtX3NvdXJjZT1qb2luMTQ0MCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9wbGFjZW1lbnQ9bmV3c2xldHRlciZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881B4d536c3e" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">More</font></a>) | <strong>What is the Triple Crown?</strong> (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9qb2luMTQ0MC5jb20vdG9waWNzL3RyaXBsZS1jcm93bj91dG1fc291cmNlPTE0NDAtZGQmdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249dmlldy1jb250ZW50LXRvcCZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881B8297ed02" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">More</font></a>)</span></p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:10px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><span style="font-size:18px;"><strong><span style="color:#7edcf2;">&gt;</span></strong>&nbsp;</span><strong>Feline genetic mutation</strong>&nbsp;responsible for turning cats orange pinpointed by scientists; sex chromosome-linked variation predominantly affects male cats (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuYmJjLmNvbS9uZXdzL2FydGljbGVzL2N3eXdkampndnFxbz91dG1fc291cmNlPWpvaW4xNDQwJnV0bV9tZWRpdW09ZW1haWwmdXRtX3BsYWNlbWVudD1uZXdzbGV0dGVyJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881B52a379fb" target="_blank"
style="text-decoration:underline !important;color:#1634cc !important;"><font style="color:#1634cc;">More</font></a>)&nbsp;</span></p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:5px;"><div style="font-family:Georgia, Times, Times New Roman, serif;font-size:23px;color:#000000;font-weight:normal;line-height:32px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:4px;text-align:left;"><p style="padding:0;margin:0;">Business &amp; Markets</p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:10px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><span style="font-size:18px;"><strong><span style="color:#7edcf2;">&gt;</span></strong>&nbsp;</span><strong>US stock markets</strong>&nbsp;close mixed (S&amp;P 500 +0.4%, Dow +0.7%, Nasdaq -0.2%), with S&amp;P 500 notching gains for fourth straight day on optimism over signs US-China tariffs will be reduced (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuY25iYy5jb20vMjAyNS8wNS8xNC9zdG9jay1tYXJrZXQtdG9kYXktbGl2ZS11cGRhdGVzLmh0bWw_dXRtX3NvdXJjZT1qb2luMTQ0MCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9wbGFjZW1lbnQ9bmV3c2xldHRlciZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881B9c259c15" target="_blank" style="text-decoration:underline !important;color:#1634cc !important;"><font style="color:#1634cc;">More</font></a>)</span></p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:10px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><span style="font-size:18px;"><strong><span style="color:#7edcf2;">&gt;</span></strong>&nbsp;</span><strong>Walmart officials warn</strong>&nbsp;prices will be raised on most consumer goods in response to Trump administration tariffs as soon as the end of the month (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuYXhpb3MuY29tLzIwMjUvMDUvMTUvd2FsbWFydC10cnVtcC10YXJpZmZzLWNoaW5hLXRyYWRlP3V0bV9zb3VyY2U9am9pbjE0NDAmdXRtX21lZGl1bT1lbWFpbCZ1dG1fcGxhY2VtZW50PW5ld3NsZXR0ZXImdXNlcl9pZD02N2U2MzM3YjU0NTAxZmM1OTEwMmE4ODE/67e6337b54501fc59102a881Ba636cc38" target="_blank"
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<td valign="top" style="padding-top:10px;padding-bottom:10px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><span style="font-size:18px;"><strong><span style="color:#7edcf2;">&gt;</span></strong>&nbsp;</span><strong>Thirteen people charged</strong>&nbsp;by federal prosecutors in scheme to steal more than &#36;265M in cryptocurrency&nbsp;(<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuY25iYy5jb20vMjAyNS8wNS8xNS9jcnlwdG8tdGhlZnQtYml0Y29pbi1kYy5odG1sP3V0bV9zb3VyY2U9am9pbjE0NDAmdXRtX21lZGl1bT1lbWFpbCZ1dG1fcGxhY2VtZW50PW5ld3NsZXR0ZXImdXNlcl9pZD02N2U2MzM3YjU0NTAxZmM1OTEwMmE4ODE/67e6337b54501fc59102a881Bf569dd52" target="_blank"
style="text-decoration:underline !important;color:#1634cc !important;"><font style="color:#1634cc;">More</font></a>) | <strong>UnitedHealth reportedly under</strong> federal investigation for potential Medicare fraud (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9maW5hbmNlLnlhaG9vLmNvbS9uZXdzL3VuaXRlZGhlYWx0aC1zdG9jay1zaW5rcy10b3VjaGVzLTUteWVhci1sb3ctYWZ0ZXItbmV3LXJlcG9ydC1yZXZlYWxzLXBvc3NpYmxlLW1lZGljYXJlLWZyYXVkLXByb2JlLTE0MDEyNDg5OS5odG1sP3VzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881Bfe809eb9" target="_blank" style="text-decoration:underline !important;color:#1634cc !important;"><font style="color:#1634cc;">More</font></a>)</span></p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:5px;"><div style="font-family:Georgia, Times, Times New Roman, serif;font-size:23px;color:#000000;font-weight:normal;line-height:32px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:4px;text-align:left;"><p style="padding:0;margin:0;">Politics &amp; World Affairs</p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:10px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><span style="font-size:18px;"><strong><span style="color:#7edcf2;">&gt;</span></strong>&nbsp;</span><strong>US negotiators present&nbsp;</strong>outline of nuclear deal to Iran; President Donald Trump says Iran is close to agreeing to terms, which would include the lifting of US sanctions (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuYXhpb3MuY29tLzIwMjUvMDUvMTUvaXJhbi1kZWFsLXByb3Bvc2FsLXdpdGtvZmYtZW5yaWNobWVudD91dG1fc291cmNlPWpvaW4xNDQwJnV0bV9tZWRpdW09ZW1haWwmdXRtX3BsYWNlbWVudD1uZXdzbGV0dGVyJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881B0dcf7e1a"
target="_blank" style="text-decoration:underline !important;color:#1634cc !important;"><font style="color:#1634cc;">More</font></a>)</span></p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:10px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><span style="font-size:18px;"><strong><span style="color:#7edcf2;">&gt;</span></strong>&nbsp;</span><strong>Florida becomes second state</strong> to ban the addition of fluoride to municipal drinking water, following Utah (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cudXNhdG9kYXkuY29tL3N0b3J5L25ld3MvbmF0aW9uLzIwMjUvMDUvMTUvZmxvcmlkYS1iYW5zLWZsdW9yaWRlLWFzLXdhdGVyLWFkZGl0aXZlLzgzNjUxNTUzMDA3Lz91dG1fc291cmNlPWpvaW4xNDQwJnV0bV9tZWRpdW09ZW1haWwmdXRtX3BsYWNlbWVudD1uZXdzbGV0dGVyJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881B47e68a29" target="_blank"
style="text-decoration:underline !important;color:#1634cc !important;"><font style="color:#1634cc;">More</font></a>) | <strong>Census Bureau releases</strong> list of fastest-growing cities in 2024; Dallas suburb of Princeton tops list with 31% growth (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuY2Vuc3VzLmdvdi9uZXdzcm9vbS9wcmVzcy1yZWxlYXNlcy8yMDI1L3ZpbnRhZ2UtMjAyNC1wb3Blc3QuaHRtbD91dG1fc291cmNlPWpvaW4xNDQwJnV0bV9tZWRpdW09ZW1haWwmdXRtX3BsYWNlbWVudD1uZXdzbGV0dGVyJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881B30dd9e7e" target="_blank" style="text-decoration:underline !important;color:#1634cc !important;"><font style="color:#1634cc;">More</font></a>)&nbsp;</span></p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:10px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><span style="font-size:18px;"><strong><span style="color:#7edcf2;">&gt;</span></strong>&nbsp;</span><strong>Germany to raise&nbsp;</strong>defense spending to 5% of GDP following US push for NATO members to increase financial contributions (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuZHcuY29tL2VuL2dlcm1hbnktYmFja3MtNS1uYXRvLWRlZmVuc2Utc3BlbmRpbmctdGFyZ2V0L2EtNzI1NDk5MDk_dXRtX3NvdXJjZT1qb2luMTQ0MCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9wbGFjZW1lbnQ9bmV3c2xldHRlciZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881Bc0625e1e" target="_blank"
style="text-decoration:underline !important;color:#1634cc !important;"><font style="color:#1634cc;">More</font></a>)&nbsp;</span></p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:5px;"><div style="font-family:Georgia, Times, Times New Roman, serif;font-size:23px;color:#000000;font-weight:normal;line-height:32px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:4px;text-align:left;"><p style="padding:0;margin:0;">In-Depth</p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:10px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial"><span style="font-size:18px;"><strong><span style="color:#7edcf2;">&gt;</span></strong>&nbsp;</span><strong>The Toupee Is Making a Comeback</strong></span></p>
<p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><strong>GQ | Alex Nino Gheciu</strong>. Modern hair systems are experiencing a comeback among millennial men, thanks to advanced materials and influencers who reveal natural-looking transformations, challenging outdated stigmas around hair loss. (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuZ3EuY29tL3N0b3J5L3RvdXBlZS1jb21lYmFjay10cmVuZC1oYWlyLXN5c3RlbT91dG1fc291cmNlPWpvaW4xNDQwJnV0bV9tZWRpdW09ZW1haWwmdXRtX3BsYWNlbWVudD1uZXdzbGV0dGVyJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881B43169796" target="_blank" style="text-decoration:underline !important;color:#1634cc !important;"><font style="color:#1634cc;">More</font></a>)</span></p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:10px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial"><span style="font-size:18px;"><strong><span style="color:#7edcf2;">&gt;&nbsp;</span></strong></span><strong>American Money Taking Over English Football</strong></span></p>
<p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><strong>Bloomberg | Staff. </strong>More than half of English football clubs will be fully or partially owned by US investors next season, who are embracing American-style, multiuse stadiums to boost revenue. But some fans worry this commercial focus is leaving them behind. (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cueW91dHViZS5jb20vd2F0Y2g_dj1WVkZCeU81dGhFST91dG1fc291cmNlJTNEam9pbjE0NDAmdXRtX21lZGl1bT1lbWFpbCZ1dG1fcGxhY2VtZW50PW5ld3NsZXR0ZXImdXNlcl9pZD02N2U2MzM3YjU0NTAxZmM1OTEwMmE4ODE/67e6337b54501fc59102a881C144d52d1" target="_blank" style="text-decoration:underline !important;color:#1634cc !important;"><font style="color:#1634cc;">Watch</font></a>)</span></p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:10px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial"><span style="font-size:18px;"><strong><span style="color:#7edcf2;">&gt;&nbsp;</span></strong></span><strong>The Coyote Next Door</strong></span></p>
<p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><strong>BioGraphic | Betsy Mason</strong><strong>. </strong>Urban coyotes are not just surviving but outsmarting the challenges of city life. What makes them succeed when so many other species have failed? (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuYmlvZ3JhcGhpYy5jb20vdGhlLWNveW90ZS1uZXh0LWRvb3IvID91dG1fc291cmNlPWpvaW4xNDQwJnV0bV9tZWRpdW09ZW1haWwmdXRtX3BsYWNlbWVudD1uZXdzbGV0dGVyJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881B100ee2f5" target="_blank" style="text-decoration:underline !important;color:#1634cc !important;"><font style="color:#1634cc;">More</font></a>)</span></p></div>
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<td valign="top" style="padding-top:10px;padding-bottom:10px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial"><span style="font-size:18px;"><strong><span style="color:#7edcf2;">&gt;&nbsp;</span></strong></span><strong>Six Seconds That Changed the World</strong></span></p>
<p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><strong>Global | Benedict Townsend</strong><strong>. </strong>Before TikTok, there was Vine—the first platform for short, user-generated videos that launched viral trends and influencers. But despite its cultural impact and rapid growth, the app shut down just three years later. (<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9wb2RjYXN0cy5hcHBsZS5jb20vdXMvcG9kY2FzdC93aG8ta2lsbGVkLXZpbmUvaWQxNzk4OTQxOTU4P2k9MTAwMDcwNDUyODQzND91dG1fc291cmNlJTNEam9pbjE0NDAmdXRtX21lZGl1bT1lbWFpbCZ1dG1fcGxhY2VtZW50PW5ld3NsZXR0ZXImdXNlcl9pZD02N2U2MzM3YjU0NTAxZmM1OTEwMmE4ODE/67e6337b54501fc59102a881B3b8ab240" target="_blank" style="text-decoration:underline !important;color:#1634cc !important;"><font style="color:#1634cc;">Listen</font></a>)</span></p></div>
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<td valign="top" style="padding-top:5px;padding-right:20px;padding-left:20px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><span style="font-size:10px;"><strong><em>In partnership with Pendulum</em></strong></span></span></p></div>
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<td valign="top" style="padding-top:10px;padding-right:20px;padding-bottom:10px;padding-left:20px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">The health nerds have spoken! Pendulum’s Akkermansia probiotic has hundreds and hundreds of&nbsp;<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9wZW5kdWx1bWxpZmUuY29tL2Rpc2NvdW50LzE0NDBORVdTP3JlZGlyZWN0PS9wcm9kdWN0cy9wZW5kdWx1bS1ha2tlcm1hbnNpYSZ1dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1wYWlkLjE0NDAmdXRtX2NhbXBhaWduPUFjcXVpc2l0aW9uLTE5NSZ1dG1fY29udGVudD11bml0YiZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881H4d5412ce" target="_blank"
style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;"><strong>5-star reviews</strong></font></a>&nbsp;(and over 15K medical professional recommendations) for a reason. It’s a critical probiotic strain that&nbsp;<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9wZW5kdWx1bWxpZmUuY29tL2Rpc2NvdW50LzE0NDBORVdTP3JlZGlyZWN0PS9wcm9kdWN0cy9wZW5kdWx1bS1ha2tlcm1hbnNpYSZ1dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1wYWlkLjE0NDAmdXRtX2NhbXBhaWduPUFjcXVpc2l0aW9uLTE5NSZ1dG1fY29udGVudD11bml0YiZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881I4d5412ce" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;"><strong>supercharges your gut health</strong></font></a>, improves the gut lining, boosts metabolic and digestive function, and increases GLP-1 production.* Almond Moms, take note.</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">The best thing you can do for your gut? Join the Pendulum Movement. To boost your digestive health, add Akkermansia to your routine and&nbsp;<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9wZW5kdWx1bWxpZmUuY29tL2Rpc2NvdW50LzE0NDBORVdTP3JlZGlyZWN0PS9wcm9kdWN0cy9wZW5kdWx1bS1ha2tlcm1hbnNpYSZ1dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1wYWlkLjE0NDAmdXRtX2NhbXBhaWduPUFjcXVpc2l0aW9uLTE5NSZ1dG1fY29udGVudD11bml0YiZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881J4d5412ce" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;"><strong>save 20% on your first month right here.</strong></font></a></span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial"><span style="font-size:10px;"><em>*Based on preclinical studies</em></span></span></p>
<p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><span style="font-size:10px;"><em>This product is not intended for weight loss</em></span></span></p></div>
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<td valign="top" style="padding-top:5px;padding-right:20px;padding-bottom:15px;padding-left:20px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:15px;color:#000000;font-weight:normal;line-height:22px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">Video captures "fog tsunami" rolling over <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuZm94d2VhdGhlci5jb20vd2F0Y2gvZm1jLTNocDNpMW0zb244dWRzenM_dXRtX3NvdXJjZT1qb2luMTQ0MCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9wbGFjZW1lbnQ9bmV3c2xldHRlciZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881B37de93a3" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">Lake Michigan</font></a>.</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">Airlines with the most (and least) <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuY2JzbmV3cy5jb20vbmV3cy9iZXN0LXdvcnN0LWFpcmxpbmVzLWNvbXBsYWludHMvP3V0bV9zb3VyY2U9am9pbjE0NDAmdXRtX21lZGl1bT1lbWFpbCZ1dG1fcGxhY2VtZW50PW5ld3NsZXR0ZXImdXNlcl9pZD02N2U2MzM3YjU0NTAxZmM1OTEwMmE4ODE/67e6337b54501fc59102a881Bc409e1b4" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">complaints in 2024</font></a>.</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">... and the most affordable US <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93YWxsZXRodWIuY29tL2VkdS9iZXN0LXN1bW1lci10cmF2ZWwtZGVzdGluYXRpb25zLzM3OTI_dXRtX3NvdXJjZT1qb2luMTQ0MCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9wbGFjZW1lbnQ9bmV3c2xldHRlciZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881B50bafd4f" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">travel destinations</font></a>.</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">The "Green Mile" torturing <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cud3NqLmNvbS9zcG9ydHMvZ29sZi9wZ2EtY2hhbXBpb25zaGlwLTIwMjUtcXVhaWwtaG9sbG93LWY5NTg5NGI5P3N0PVAxbzM3SCZtb2Q9MTQ0MCZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881Bcab3adbe" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">professional golfers</font></a>.</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">When did millennials&nbsp;<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cudGhlZ3VhcmRpYW4uY29tL3NvY2lldHkvMjAyNS9tYXkvMDgvY3JpbmdlLWhvdy1taWxsZW5uaWFscy1iZWNhbWUtdW5jb29sP3V0bV9zb3VyY2U9am9pbjE0NDAmdXRtX21lZGl1bT1lbWFpbCZ1dG1fcGxhY2VtZW50PW5ld3NsZXR0ZXImdXNlcl9pZD02N2U2MzM3YjU0NTAxZmM1OTEwMmE4ODE/67e6337b54501fc59102a881B82d40bde" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">become uncool</font></a>?</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">How gardening can help you live <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cuYmJjLmNvbS9mdXR1cmUvYXJ0aWNsZS8yMDI1MDUwOS1ob3ctZ2FyZGVuaW5nLWJvb3N0cy1icmFpbi1oZWFsdGg_dXRtX3NvdXJjZT1qb2luMTQ0MCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9wbGFjZW1lbnQ9bmV3c2xldHRlciZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881Bbce1b799" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">better and longer</font></a>.</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">A luxury train experience <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly93d3cudGhyaWxsaXN0LmNvbS90cmF2ZWwvbmF0aW9uL3JvY2t5LW1vdW50YWluZWVyLWx1eHVyeS10cmFpbi10cmF2ZWw_dXRtX3NvdXJjZT1qb2luMTQ0MCZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9wbGFjZW1lbnQ9bmV3c2xldHRlciZ1c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881Bf2b66843" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">through the Rockies</font></a>.</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">Art historian explains Pope Leo XIV's motto and <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly90aGVjb252ZXJzYXRpb24uY29tL3doYXQtcG9wZS1sZW8teGl2cy1jb2F0LW9mLWFybXMtYW5kLW1vdHRvLXJldmVhbC1hYm91dC1oaXMtZGVkaWNhdGlvbi10by10aGUtaWRlYWxzLW9mLXN0LWF1Z3VzdGluZS1hbi1hcnQtaGlzdG9yaWFuLWV4cGxhaW5zLTI1NjUzOT91dG1fc291cmNlPWpvaW4xNDQwJnV0bV9tZWRpdW09ZW1haWwmdXRtX3BsYWNlbWVudD1uZXdzbGV0dGVyJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881B1baeab78" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">coat of arms</font></a>.</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial"><strong>Clickbait:</strong>&nbsp;New Yorker outruns subway in <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9ydW5uaW5nbWFnYXppbmUuY2EvdGhlLXNjZW5lL25ldy15b3JrZXItb3V0cnVucy1zdWJ3YXktaW4tcmFjZS10by1tZXRzLWJhbGxwYXJrLz91dG1fc291cmNlPWpvaW4xNDQwJnV0bV9tZWRpdW09ZW1haWwmdXRtX3BsYWNlbWVudD1uZXdzbGV0dGVyJnVzZXJfaWQ9NjdlNjMzN2I1NDUwMWZjNTkxMDJhODgx/67e6337b54501fc59102a881Bd5a04757" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">race to Mets game</font></a>.</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><strong>Historybook:</strong>&nbsp;First&nbsp;Academy Awards hosted (1929);&nbsp;<a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9lbi53aWtpcGVkaWEub3JnL3dpa2kvV2Fyc2F3X0doZXR0b19VcHJpc2luZz8mdXNlcl9pZD02N2U2MzM3YjU0NTAxZmM1OTEwMmE4ODE/67e6337b54501fc59102a881B137b2b56" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">Warsaw Ghetto Uprising</font></a>&nbsp;ends (1943); Janet Jackson born (1966); Comedian Andy Kaufman dies (1984); "Muppets" creator Jim Henson dies (1990); Sammy Davis Jr.&nbsp;dies (1990).&nbsp;</span></p></div>
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<td valign="top" style="padding-right:30px;padding-bottom:10px;padding-left:30px;"><div style="font-family:Georgia, Times, Times New Roman, serif;font-size:23px;color:#ffffff;font-weight:normal;line-height:32px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:4px;text-align:center;"><p style="padding:0;margin:0;">"There's great value in being able to step back and laugh at yourself, at life, and at attitudes. Laughter helps you put everything into perspective."</p></div>
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<td valign="top" style="padding-top:5px;padding-right:10px;padding-bottom:5px;padding-left:10px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:14px;color:#ffffff;font-weight:normal;line-height:20px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:center;"><p style="padding:0;margin:0;"><span class="mso-font-fix-arial">- Jim Henson</span></p></div>
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<td valign="top" style="padding-top:30px;padding-right:20px;padding-bottom:20px;padding-left:20px;"><div style="font-family:Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:12px;color:#000000;font-weight:normal;line-height:18px;mso-line-height-rule:exactly;letter-spacing:normal;mso-text-raise:3px;text-align:left;"><p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial"><span style="font-size:12px;"><strong>Why 1440? </strong>The printing press was invented around the year 1440, spreading knowledge to the masses and changing the course of history. More facts: In every day, there are&nbsp;1,440 minutes. We’re here to make each one count.</span></span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial"><span style="font-size:12px;"><strong>Send us your feedback at</strong> <a href="mailto:hello@join1440.com" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">hello@join1440.com</font></a> and help us stay as unbiased as humanly possible. We’re ready to listen.</span></span></p>
<p style="margin-left:0px;margin-top:0px;margin-right:0px;margin-bottom:0px;padding:0;"><span class="mso-font-fix-arial">&nbsp;</span></p>
<p style="padding:0;margin:0;"><span class="mso-font-fix-arial"><span style="font-size:12px;"><strong>Interested in reaching intellectually curious readers like you?</strong> To become a 1440 partner, <a href="https://link.join1440.com/click/39894686.4945244/aHR0cHM6Ly9qb2luMTQ0MC5jb20vcGFydG5lcj91c2VyX2lkPTY3ZTYzMzdiNTQ1MDFmYzU5MTAyYTg4MQ/67e6337b54501fc59102a881Bb3e799f2" target="_blank" style="text-decoration:underline !important;color:#0000ee !important;"><font style="color:#0000ee;">apply here</font></a>.</span></span></p></div>
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