Good morning, Quartz readers! Here’s what you need to know:
You can now splurge on the latest iPhone, and it’s available in a stunning pink color! More details below.
Don’t expect the Federal Reserve to boost your Amazon investment.
McDonald’s is saying goodbye to self-serve soda. By 2032, all soda machines in US McDonald’s outlets will be moved behind the counter to make way for smaller dining spaces and high-tech drive-thrus.
BP and Ford are shaking things up at the top. Bernard Looney, CEO of the British oil giant, is stepping down due to undisclosed employee relationships. CFO Murray Auchincloss will take over temporarily. Meanwhile, Ford is appointing two descendants of founder Henry Ford to top positions as they shift their focus to electric vehicles.
The US Defense Department is investing $20.6 million in mining developers in Minnesota to strengthen the domestic supply chain for nickel, a metal used in aerospace materials and lithium-ion batteries.
The highly anticipated iPhone 15 has been unveiled at Apple’s recent event. However, investors were not impressed, leading to a 1.7% drop in Apple’s stock value. The new models may not look drastically different from their predecessors, but let’s explore what’s new:
📷 Slightly improved camera
📱 Slightly better screen
🩷 New pink body color
💰 Record-breaking high price for the iPhone Pro Max, starting at $1,199, and $1,599 if you opt for a terabyte of storage.
🔌 USB-C port, a response to EU pressure to abandon the proprietary lightning cable in favor of the standard.
Diego Lasarte has compiled all the other essential information you need to know.
Instacart’s upcoming initial public offering (IPO) does not guarantee instant success for the online grocery delivery service. While it has a small user base, high profit margins, and strong revenue streams from fees, grocery software, and advertising, investors will be expecting rapid growth as the technology sector rebounds.
However, they will also have questions, such as why Instacart’s customer base remains relatively small compared to other delivery services like DoorDash, which has 32 million monthly users.
Maternal mortality is a solvable issue. After a significant drop between 2000 and 2015, maternal death rates have been on the rise again, even in developed countries like the US. The Bill and Melinda Gates Foundation’s annual Goalkeepers Report suggests several simple and affordable solutions to tackle this problem, including:
1️⃣ Reducing postpartum hemorrhage
2️⃣ Providing supplements to combat malnutrition
3️⃣ Improving anemia treatment
Artificial intelligence (AI) also holds potential in addressing this issue. Discover more about the report and why taking prompt action gives us reasons to be hopeful.
Quartz’s most popular stories:
🤑 Wealthy Burners at Burning Man receive a wake-up call
🤔 A Johns Hopkins scientist explains our concerns about the rise in COVID-19 cases
😬 Mozilla reveals that nearly every modern car shares or sells our data
😲 American Airlines demonstrates an affordable solution to fight global warming
😎 Women will soon lead every branch of government in Mexico
🫢 Greece’s agriculture hub suffers significant crop losses due to two days of rain
Surprising discoveries:
Your over-the-counter cold medication may not be as effective as you think. According to the Food and Drug Administration, phenylephrine, a key ingredient in these medications, offers limited relief.
Campari shares have skyrocketed by over 520% under the outgoing CEO, outperforming the Stoxx Europe 600 Index.
There’s an official Catan cookbook available, offering 77 recipes that can be enjoyed without the risk of a heated board game argument.
A Portuguese city experienced a wine flood after almost 600,000 gallons of the crimson liquid was accidentally spilled, equivalent to the volume of an Olympic swimming pool.
Sony is launching a foster program for its $2,900 robot dog, Aibo. Old Aibo bodies will be refurbished and donated to medical facilities where real dogs are not permitted.
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