Good morning, Quartz readers!
Here’s what you need to know
- US autoworkers have gone on strike, affecting America’s “Big Three” carmakers—GM, Ford, and Stellantis.
- Hollywood writers and studios are set to restart talks next week after a 20-week strike that has halted showbiz.
- President Joe Biden’s son, Hunter Biden, has been indicted on federal gun charges. His trial will take place in 2024 during his father’s reelection campaign.
- Arm stock has surged 25% in its Nasdaq debut, attracting top tech companies.
- China is highly skilled at de-risking despite criticizing Western nations for their supply chain vulnerability strategy.
China is a master de-risker
China has been de-risking for decades, strengthening its position as both an offensive and defensive player in global supply chains. Quartz’s Mary Hui explains how China’s expertise in de-risking has guided its evolution.
There’s AI in my Coke—and my beer, and my chocolate?!
The food industry, including Coca-Cola, has embraced the use of “cobots” – collaborative robots – to address economic challenges while still involving human input. Julia Malleck provides a timeline of notable cobot food projects.
One big number: More than a third
Over one-third of the 153 major professional men’s sports teams in the US, including those in the MLB, MLS, NBA, NFL, and NHL, are partly owned by private equity groups. The New York Yankees, for example, saw a significant increase in value after selling a minority share to an investment firm.
Quartz’s most popular
- Tesla is experimenting with 3D printing its car bodies.
- McDonald’s is transitioning to a drive-thru-only future by eliminating self-serve soda machines.
- 20 countries have been identified as “planet wreckers” due to their new oil and gas plans.
- Hipgnosis is selling off Shakira songs to pay down its debt.
- The Gates Foundation remains hopeful despite a global backslide in maternal mortality.
- Investors will have questions about the Instacart IPO, and here are five important ones.
Surprising discoveries
- Crows can engage in statistical reasoning.
- An endangered nocturnal parrot called kākāpō may make a comeback after scientists mapped its genome.
- The history of audiobooks dates back much further than most people realize.
- A stolen Van Gogh painting was recovered in an Ikea bag.
- Death Valley, known as the driest and hottest National Park in the US, is currently closed due to excessive water from Hurricane Hilary.
Our best wishes for a productive day. Send any news, comments, or interesting discoveries to [email protected].
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Today’s Daily Brief was brought to you by Morgan Haefner, Susan Howson, and Julia Malleck.
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