Good morning, Quartz readers!
HERE’S WHAT YOU NEED TO KNOW
Mark Cuban has phrases for Elon Musk. These phrases are about Donald Trump, and they’re: “His loyalty is only to himself.”
AI goes nuclear in Michigan. Plans are being finalized to restart a nuclear reactor to energy the know-how’s intense energy needs.
Conservatives are introducing Netflix to a special form of cancel tradition. CEO Reed Hastings donated $7 million to Kamala Harris’s presidential marketing campaign and the subscribers began dropping like flies.
AT&T is getting out of the TV enterprise. It’s promoting its stake in DirecTV to a personal fairness agency for $7.6 billion.
Stellantis is feeling fairly down on itself. The automaker slashed its 2024 steerage and triggered a huge sell-off of its stock.
On (the strike at) the waterfront
Whether or not an enormous American port strike has begun by the time you learn this or not, the tensions that made it a risk will stay in the air for some time. Both method, dockworkers represented by the Worldwide Longshoremen’s Affiliation flexed their muscular tissues in a bid for higher.
The most important concern, as is usually the case, is pay. The ILA has been negotiating a brand new contract with the United States Maritime Alliance since Might for increased wages, plus protections towards automation and new know-how units in terminals, however talks have been unfruitful for some time.
How did it come to a degree that 51% of U.S. imports is perhaps caught on boats from Maine to Texas? Quartz’s Rachel Dalloo and William Gavin give a lay of the land on this big labor dispute.
A brand new form of crypto halving
As unique as the world of cryptocurrencies could also be to massive parts of the U.S. inhabitants, there’s one factor about it that’s as strange as apple pie: House owners of the asset don’t know who they wish to be president.
A report from Coinbase means that Donald Trump and Kamala Harris have an equal shot of successful the rising voting bloc, with 47% throwing their assist behind every candidate. Since 52 million Individuals apparently personal some form of digital forex, it’s not stunning {that a} group that giant can’t come to an settlement.
Many crypto homeowners (87%) are sure that the monetary system wants an replace. However Quartz’s Vinamrata Chaturvedi explains that they’re in any other case loads much less politically locked-in than outsiders may anticipate.
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SURPRISING DISCOVERIES
Clippers followers can have one strategy to sate their drought. The championship-less NBA group is getting particular state permission to promote late-night booze at its new arena.
Electronics designers are pushing customers towards rather less display screen time. On the newest wave of units, buttons are regaining lost ground. (paywall)
Hurricane Helene’s devastation in western North Carolina may have an enormous financial impression on AI. A mine in the area is a key international supply of high-purity quartz necessary for semiconductor production.
Discuss Tuah Hailey Welch good. The viral TikTok sensation’s podcast is the fifth-most fashionable present on Spotify because of a legion of MAGA-minded fans.
No extra crusing coal to Newcastle. The UK simply shuttered its last coal-fired power plant.
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