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 QUOTE OF THE DAY  |
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"Cosmic Crisp" – A new type of apple that's set to shake up the produce world. You'll find them quite a-peel-ing.
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The Story
Yesterday, one of the first trials in the US around climate change kicked off.
What's this about?
Exxon Mobil. A year ago, New York's attorney general sued the oil company for allegedly lying to its own investors. The case is based on a years-long investigation into the company, and the trial will last up to three weeks.
What did Exxon allegedly lie about?
How climate change regulations could affect its business. Exxon allegedly had two sets of numbers for pricing carbon when taking potential gov regulations into account. Investors saw the higher numbers, and Exxon internally held onto the lower numbers. Meaning that investors were being deceived over whether Exxon was a better investment than it may have actually been. It's estimated to have cost shareholders between $476 million and $1.6 billion. Exxon says 'don't look at us, we didn't do anything wrong' – and that the allegations are politically motivated.
Whoa.
Oh, that's not all. Shortly before the trial started, a team of researchers released a new report detailing how Exxon and the fossil fuel industry knew the dangers of climate change for decades, and tried to cover them up from the public. The report claims Exxon spent millions of dollars to try to "obscure the scientific reality" through disinformation campaigns. And compared it to the tobacco industry trying to hide the negative health effects of smoking.
theSkimm
This case is seen as a potential strategy for how to hold fossil fuel companies accountable for climate change. And could set a precedent for how similar cases play out going forward.
$: What's money got to do with it? Here's how climate change can affect your wallet.
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What people are watching…
The Turkey-Syria border. Yesterday, Russia said it would help Turkey maintain control of the area. Earlier this month, Turkey led a military offensive there against the Kurds, which the country considers a terror threat. While the Kurds were forced to retreat from the border area under a cease-fire, this new agreement allows Russia to help force them further away. And to work with Turkey's forces to patrol the border starting next week. The agreement solidifies Russia's role in the region as it buddies up with Turkey – and adds to the list of reasons why President Trump has faced criticism over his decision to pull US troops out.
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Whose tweets are making headlines…
President Trump. He compared the House's impeachment inquiry into him to a "lynching." The comment sparked pushback from people across the political spectrum, and many were quick to remind the president that a congressional inquiry is nothing like the thousands of racially motivated murders against black people in the 19th and 20th centuries. The White House said Trump wasn't comparing the inquiry to "one of our darkest moments in American history." And that he was explaining "the way he's been treated by the media."
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PS: The impeachment inquiry is still moving ahead. Yesterday, a top US diplomat in Ukraine testified on Capitol Hill and said he was told that military aid to Ukraine would be released if the country publicly announced an investigation into the Bidens and the 2016 election. The White House called this "a coordinated smear campaign" and said there wasn't any quid pro quo.
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What feels like a recurring nightmare but is in fact real life…
Finalizing a Brexit deadline. Yesterday, UK lawmakers approved PM Boris Johnson's deal to leave the EU in principle. But they rejected the timeline they had to approve all the terms and conditions. Because no one likes to be rushed. The European Council president also said he'll recommend giving the UK a three-month extension, meaning it's not likely Brexit will happen by next week's deadline.
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Who got the boot...
The head of Boeing's commercial airplanes. He's the first high-level employee to be ousted as a result of the scandal over two deadly 737 Max plane crashes.
…Oh and he's not the only one writing a sign-off email. Yesterday, it was announced the CEOs of Nike and Under Armour are stepping down.
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"Catch and Kill"
A tactic in which publications buy the rights to a story, and never publish it. Essentially burying it. The idea is to protect the subject of the story from negative press. It's also the name of Ronan Farrow's new book. He spoke to us about the investigative process behind breaking one of the Harvey Weinstein stories. Watch here.
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For when you're big on reading labels…
Devil's in the details. This clean skincare brand tells you exactly what percentage of each ingredient goes in their formulas. So you can say 'see ya' to mysterious ingredients. Bonus: get 10% off your first order. Here ya go.*
For when the line for brunch is around the block…
Head home. This meal kit service lets you choose from over 20 new recipes each week. Bonus: they just added brunch, appetizers, and sides to their menu. Skimm'rs get 30% off their first five weeks. Check it out.*
For when your feet hurt from wearing booties…
Give it a rest. Step into sustainable sneakers from this company. They just launched new shoes made from plants and recycled plastics, so they're good for your feet and the planet. PS: Skimm'rs get 15% off. Take a look.*
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*PS This is a sponsored post.
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Popping bubbly for…Breannca B (MN), who was crowned 2020 Minnesota Ms. United States Agriculture. And Anne D (NY), who recently completed her 21st marathon and gained entry into the Tokyo 2020 Marathon. Crushing it, ladies.
(Some) Birthdays…Kirenjot Singh (NJ), Aitana Zermeño (CA), Brandon Elias (NY), Quentin King (PA), Jena Marshall (PA), Kelly Stoski (CAN), Julie Chao (CA), Paige Lambert (MA), Emily Mack (AZ), Elyssa Cross (TN), Anna-Aliza Rosenbaum (WA), Terry Morgan (FL), Candace Bassett (CO), Tracy Ideus (IL), Andrew Li (BC)
*Paging all members of theSkimm. Reach out here for a chance to be featured.
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theSkimm50 West 23rd Street, Suite 5B; New York, NY, 10010, United States Update Profile
