Good morning. If you read the Wikipedia article on the Ship of Theseus, you’ll learn that it’s a philosophical thought experiment that raises the question: If all of the components of an original object are gradually replaced, is it still the same object? The ancient Greeks first pondered this after a ship belonging to Theseus was replaced part by part over centuries until none of the original material was left.
Well, how’s this for a meta-twist: As Depths of Wikipedia discovered, the Wikipedia page for the Ship of Theseus, which first appeared in 2003, has been edited over time, and now none of the phrases from the original article remain.
Is it still the same Wikipedia article?
—Neal Freyman, Dave Lozo
|
|
|
|
Nasdaq
|
14,813.92
|
|
|
|
S&P
|
4,719.19
|
|
|
|
Dow
|
37,305.16
|
|
|
|
10-Year
|
3.914%
|
|
|
|
Bitcoin
|
$41,378.28
|
|
|
|
Uber
|
$61.86
|
|
|
*Stock data as of market close, cryptocurrency data as of 1:00am ET.
Here's what these numbers mean.
|
-
Markets: Like Greg Jennings, the Magnificent Seven is putting the team on its back. These seven tech megacaps—Microsoft, Apple, Alphabet, Nvidia, Tesla, Meta, and Amazon—have surged 75% this year, while the other 493 companies in the S&P 500 have gained 12%. The Magnificent Seven now account for nearly 30% of the entire index’s value, per the WSJ.
-
Stock spotlight: Speaking of the S&P 500, it’s getting a prominent new member—Uber will join the index today. With a market cap of $127 billion, Uber is the most valuable company that hadn’t yet been included in the S&P 500, and it celebrated by notching a 52-week high last week.
|
|
|
Phillip Faraone/Getty Images for GQ
The Los Angeles County medical examiner’s office on Friday ruled the drowning death of Friends star Matthew Perry in October was due to “the acute effects of ketamine.” The 54-year-old Perry battled addiction for decades and detailed in his memoir how he was using ketamine as part of his treatment for depression and anxiety.
Now Perry’s death, which was also determined to be an accident, has put greater attention on ketamine, a drug that has proven to be an effective mental health treatment but poses risks in recreational and unregulated settings.
Ketamine’s journey to health aid
The drug’s origins date to the 1970s as an injectable anesthetic for humans and animals. It took a circuitous route to becoming a breakthrough treatment for mental health.
- In the 1990s, ketamine—known as “Special K”—emerged as a popular party drug thanks to its hallucinogenic qualities.
- In 1999, it became a Schedule III nonnarcotic substance under the Controlled Substances Act. Schedule III drugs are defined by the Drug Enforcement Administration as having a “moderate to low potential for physical and psychological dependence.”
- In 2006, researchers at the National Institutes of Health showed that an intravenous dose of ketamine could relieve severe depression in a matter of hours.
- In 2019, the FDA approved a nasal spray called esketamine, which is derived from ketamine and used for treatment-resistant depression.
The main difference between medicinal and recreational use of ketamine is the dosage, which is much higher when it’s used as an anesthetic or illicitly.
The dangers of home use
Esketamine must be administered by a healthcare professional in a clinical setting. Perry’s autopsy report said the ketamine in his system could not have been from his last known ketamine therapy session, which was about a week and a half before he died.
Online providers started prescribing ketamine for home use during the pandemic, thanks to relaxed federal rules on remote prescriptions. Although ketamine overdoses are rare, the drug’s ability to render a subject unconscious with too high of a dose without supervision has led to accidental deaths.
Big picture: Investors have written big checks to startups aiming to treat mental illness with psychedelics, and Silicon Valley elites such as Elon Musk reportedly use ketamine, LSD, and other mind-expanding drugs recreationally. Dr. Gerard Sanacora, director of Yale University’s depression-research program, told the WSJ that Perry’s death “should be a wake-up call that ketamine needs to be used appropriately.”—DL
|
|
Brace yourself: Grinding and clenching your teeth is no laughing matter. It can wreak havoc on your sleep, cause headaches, and even crack your chompers.
The good news? You can protect your teeth from grinding and clenching with custom night guards from Remi—and take 40% off with your exclusive Morning Brew deal.
These aren’t the boil-and-bite mouth guards you wore in middle school sports, or the wallet-busting $600 ones from the dentist. They’re the same quality you’d get at the dentist’s office, but they cost 80% less.
Remi sends you an impression kit, you mail your impressions back, and your night guards are delivered straight to your door. Backed with a 45-night Perfect Fit Guarantee, you’ll sleep in comfort knowing your smile is protected.
Get 40% off with code BREW.
|
|
Scott Eisen/Getty Images
Trump uses Nazi-era rhetoric to attack migrants. On the campaign trail in New Hampshire, former President Trump said migrants were “poisoning the blood of our country,” echoing words Adolf Hitler used in Mein Kampf, scholars said. Trump’s escalating rhetoric on immigration came as lawmakers scrambled to work out a deal on border security, which Republicans are demanding as part of a broader package that would send tens of billions of dollars in military aid to Ukraine. The clock is ticking before senators leave town for the holiday break.
Israel’s European allies call for a truce. The foreign secretary of Britain and the foreign minister of Germany wrote a joint article in the Sunday Times calling for a “sustainable cease-fire” in the Israel—Hamas war, stopping short of the “immediate” truce called for by France, which expressed concern for the heavy civilian death toll in Gaza. Israel is reeling from the deaths of three hostages who the IDF fatally shot while they were waving a white flag, and protesters in Tel Aviv urged the government to push for another hostage-release deal. Israeli Prime Minister Benjamin Netanyahu, who will receive a visit from US Defense Secretary Lloyd Austin today, has vowed to “fight until the end.”
High-ranking cardinal found guilty of financial crimes. The Vatican’s “trial of the century” ended with Cardinal Giovanni Angelo Becciu being found guilty of embezzlement and fraud in the church’s criminal court and sentenced to five and a half years in prison. Eight others in connection with Becciu, who had been considered a candidate to be the next pope, were also found guilty of financial crimes or abuse of office. Prosecutors discovered money transfers as part of a London real estate deal approved by Becciu in 2013 and 2014; the court found that the transactions were embezzlement and ordered the guilty parties to pay the Vatican more than $200 million in restitution. The ruling can be seen as a win for Pope Francis, who was elected in 2013 with a mandate to reform the church.
|
|
FDA
The FDA is investigating whether elevated levels of lead in some cinnamon applesauces, which affected as many as 125 kids in the US, were the result of “economically motivated adulteration”—aka food fraud.
“So far all of the signals we’re getting lead to an intentional act on the part of someone in the supply chain,” the FDA’s Deputy Commissioner for Human Foods Jim Jones told Politico last Thursday. The investigation is zeroing in on a single manufacturing facility in Ecuador with links to the cinnamon applesauce pouches sold under three brands—Weis, WanaBana, and Schnucks—which were recalled in November.
What is food fraud? It’s when a producer manipulates ingredients in a food product to gain a competitive edge (think: “watering” down olive oil with cheaper vegetable oil). This type of fraud could cost the global food industry up to $40 billion a year, according to some estimates.
And why do it with applesauce? The cinnamon is the key. Lead can be added to spices with a reddish hue to increase weight (making them pricier) or to make the red color more vibrant, food safety experts told the NYT.
Big picture: The FDA does not currently test for lead in food imported to, or made in, the US, which critics say leaves kids who eat these products as guinea pigs.—NF
|
|
Pass the reins. It’s easy to sweat the hard stuff when it comes to investing. Rebalancing your portfolio, reinvesting dividends, monitoring investments—are you overwhelmed yet? Let Betterment’s expert-built portfolios, automatic rebalancing, and tax-smart tools put your money to work and your mind at ease. Kick the investment stress.
|
|
Jimmy Lai. Anthony Wallace/AFP via Getty Images
Hong Kong media tycoon on trial: Imprisoned media mogul Jimmy Lai will go on trial today in a globally significant case that’s considered a test of Hong Kong’s judicial independence following a security crackdown by China in 2020. Lai, who founded the pro-democracy tabloid Apple Daily, has been charged with colluding with foreign forces and sedition, and could face life in prison. One of Lai’s sons has called it a “show trial.”
Blue Origin attempts a return to space. Jeff Bezos’s space company, Blue Origin, will aim to launch its New Shepard rocket in a cargo mission as soon as today. The rocket has been grounded for 14 months after suffering a midlaunch failure in September 2022.
Coming to streaming: Gwyneth vs Terry: The Ski Crash Trial drops today on Max. Paltrow (the titular Gwyneth) was found not at fault in March for a 2016 skiing accident involving optometrist Terry Sanderson. Also, the Leonard Bernstein biopic, Maestro, is coming to Netflix on Wednesday. Bradley Cooper stars as the composer in the film, which is also written and directed by Cooper.
Everything else…
- Today is “Answer the Telephone Like Buddy the Elf Day,” so when you answer the phone, you must immediately ask the caller their favorite color.
- The first day of winter—the shortest day of the year in terms of daylight—arrives on Thursday. Maybe finally we’ll get some snow???
-
Here’s a list of all the college football bowl games happening this week.
- Festivus is on Saturday. Decorate that pole and air those grievances.
|
|
Harvard University
Stat: Has Harvard lost its luster? Early admission applications to Harvard dropped 17% this year to their lowest levels in four years, the school revealed last week. Meanwhile, Yale’s early applications increased 1.4%, and UPenn reported a more than 6% increase. Applications were due on Nov. 1, over a month before three university presidents, including Harvard’s and UPenn’s, gave widely criticized testimony at a congressional hearing on antisemitism. This is also the first enrollment period since the Supreme Court banned race-based admissions (affirmative action) in higher education.
Quote: “We just suck at putting.”
That harsh criticism comes from 14-year-old Charlie Woods about himself and his father, Tiger, who has made one or two putts during his legendary career. The duo shot 8-under 64 Saturday at the PNC Championship, a team event featuring major champions and their family members. Though Charlie felt like the day could have gone better, Tiger was euphoric to have his kids on the course—not only was he competing with his son, but his daughter, Sam, caddied for him for the first time.
Read: The self-checkout even haters will love. (Wall Street Journal)
|
|
-
A major storm drenched the East Coast yesterday and could snarl commutes—and disrupt flights—in NYC this morning.
-
Twitch scrapped a new policy that allowed “artistic nudity” on the platform.
-
Mayim Bialik is out as Jeopardy! host, leaving Ken Jennings as the sole answer-asker.
-
Quaker is recalling several of its granola-based products due to a potential salmonella contamination. The full list is here.
-
The restoration of Notre Dame Cathedral took a big step as a new golden rooster was placed on the spire. It’s slated to reopen following a devastating fire in about a year.
-
Fewer EVs will qualify for federal tax credits next year under new sourcing requirements.
-
Lakers legend Kareem Abdul-Jabbar was hospitalized after breaking his hip at a concert on Friday night.
|
|
Pod rec: Jeff Bezos chats with Lex Fridman.
Wordplay: A brain teaser game that will consume your day, 20 seconds at a time.
Product review: Eggo’s brunch in a jar.
Sky news: An argument for bringing back airships, the trucks of the sky.
One for all: With a wide array of specially crafted—not to mention delicious—formulas, make Vitafusion gummies your easy daily win.* Grapes + traits: Wanna know what wine complements you best? We teamed up with Decoy to build a personality quiz that matches you with your ideal vino. Uncork yourself.* *A message from our sponsor.
|
|
Turntable: If you’ve set a New Year’s resolution to get better at word games, don’t wait until 2024…start now! Play Turntable here.
State map
A US state recently selected a new flag, and the five designs below were the finalists. What state is this?
For bonus points: Can you guess which design was selected for the new flag?
|
|
Minnesota. And the design in the lower left-hand corner (the star with the three stripes) will be the new flag. Good choice?
Word of the Day
Today’s Word of the Day is: euphoric, meaning “characterized by feeling intense excitement and happiness.” Thanks to Sara from Chambersburg, PA, for the suggestion.
Submit another Word of the Day here.
|
|
ADVERTISE
//
CAREERS
//
SHOP
//
FAQ
Update your email preferences or unsubscribe
here.
View our privacy policy
here.
Copyright ©
2023
Morning Brew. All rights reserved.
22 W 19th St, 4th Floor, New York, NY 10011
|
|