RocaNews - 🌊 Here Comes the (Job) Boom

rocanews

March 7, 2022

We may have to check ourselves into a cuteness recovery center after seeing all the pet pics you sent in. Thank you for introducing us to your pets ⁠— we'll feature 3 per day through the week. Gotta say, we're a little disappointed that nobody sent in a pic of their pet Madagascar hissing cockroach.

Hope you had a great weekend. Today's Wrap breaks down a meaty topic: Lab-grown...meat. Let's ride.

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Key Stories

EVs' Cold Winter
Overview

  • Studies are finding that cold weather can cost electric vehicles (EVs) 40%+ of their battery power
  • The cold slows chemical reactions within batteries, increasing their charging times and draining their energy. EVs also use extra energy for interior heating because they lack engine-generated heat
  • At warm temperatures, most EVs perform near their projected range or better; in the cold, they all perform worse — some by 40%+ per AAA
  • Battery analysis firm Recurrent reports that of all EVs, Teslas have the least weather-related variability in their ranges due to advanced heating systems
 DIG DEEPER 
To make an EV more efficient, drivers can warm the car up before driving or start the vehicle while it's plugged in. EVs on American roads can drive a median of 250 miles (400 km) on a full tank. Charging times range from a few hours to a day, depending on the car and charger model.

US Job Boom

Overview
  • The US added 678,000 jobs in February, the biggest gain in 7 months
  • The numbers carried the national unemployment rate to 3.8%, just above the 50-year low of 3.5% hit before the pandemic. Unemployment was 6.2% a year ago and 14.7% in April 2020
  • The numbers weren't enough to help the stock market, for which last week was the fourth down week in a row
  • This weekend, the International Monetary Fund (IMF) warned that the Ukrainian war may make inflation worse as it leads to higher prices of oil, grain, gas, and more
 DIG DEEPER 
While the surge suggests the economy is healing from the delta- and omicron-related slowdowns, the IMF now warns that the war will have "very serious" consequences for the global economy. The group is warning of "price shocks" from sanctions on Russia.

Foreign Media Leaves Russia

Overview
  • Russia blocked Facebook and other social medias, citing discrimination by the companies
  • It comes as the Russian government tries to control information about the war in Ukraine and as western governments ban Russian state media. Most social media platforms banned the major Kremlin-backed news co. following media sanctions from the EU
  • Russia also passed a law that makes “fake news” about the war, including death figures different from the military's, punishable with 15 years in jail. In response, CNN stopped broadcasting there; the BBC and Bloomberg suspended reporting from Russia
 DIG DEEPER 
While Russian media is not free, the country has allowed access to foreign media. That's changing, as Moscow tries to maintain its narrative that the war in Ukraine is a human rights-driven mission to remove Nazis from power in Kyiv.

Russia-Ukraine War Update
Overview

  • A Russo-Ukrainian agreement to allow humanitarian evacuation corridors collapsed on Saturday, as Ukraine accused Russia of twice continuing to attack during the specified ceasefire times. Russia said Ukrainian “nationalists” blocked the civilian exits
  • Russia continued its attempt to encircle Kyiv, Ukraine's capital, while continuing airstrikes and shelling of major Ukrainian cities (Mariupol, Chernihiv, Kharkiv)
  • The humanitarian situation in those cities has become increasingly dire, as supplies of food, medicine, and gas run low
  • Large pro-Ukraine protests broke out in Kherson, the first and only major city Russia has yet seized
 DIG DEEPER 
Roca's Max Frost has spent the last 4 days in Ukraine. He's writing about it in tomorrow's Wrap.

finger What do you think?


Today's Poll:
Do you floss daily? Not referring to the dance move here, but the dental practice.

Yes
No


Today's Question:
In your opinion, what is the biggest difference between Gen Z and Millennials?


Reply to this email with your answers!

See yesterday's results below the Wrap!

popcorn Popcorn

Culture & Sports 
  • The hero Hollywood needed: The Batman roared out of the gate with a $128M box office opening, the 2nd biggest of the pandemic
  • 2 legends, one film: The I Am Legend sequel will reportedly co-star Will Smith, the lead in the 2007 film, and Michael B. Jordan
  • Charlotte FC broke the MLS attendance record in its first home game on Saturday night. 74,000 fans packed Bank of America Stadium
Business
  • Panic at the Citgo! The national average for a gallon of gas surpassed $4 on Sunday. Gas prices are now at their highest level since 2008
  • Italy has seized $156M in luxury yachts & villas belonging to Russian oligarchs. European countries are turning up the heat on Russian elites
  • Netflix and sanction? Netflix has completely suspended its service in Russia days after it paused all projects there

Wildcard
  • Alec Baldwin accused the litigants who filed a suit against him last month over the Rust shooting of targeting people with "deep pockets"
  • Wordle of the day is... "Cheat"? A recent study analyzing Google search trends claims that many people are cheating in Wordle
  • Keeping up with the usernames: Kim Kardashian has removed "West" from her usernames on Instagram and Twitter
  • Dozens of beef jerky brands were recalled over the weekend after the FDA discovered a listeria (bacteria that can infect you) contamination

Roca Wrap

A Newsletter Exclusive

Will lab-generated meat soon be at the supermarket? Breakthroughs in technology and $3B in recent investments suggest the answer is yes. 

According to McKinsey, the market for cell-based meat is projected to reach $25B by 2030.  While that’s a fraction of the current $1.3T meat industry, the number is growing rapidly. Cell-based meat wasn’t legal to sell anywhere in the world until 2020.

That year, Singapore became the first nation to grant regulatory approval to cell-based meat when it allowed a company there to sell its lab-grown chicken. Qatar has signaled that it may soon do the same. The United States Department of Agriculture and FDA expect to have their guidelines for lab-grown meat finalized later this year. 

To make cultured meat, lab workers put an animal’s fat or muscle stem cells into a culture that feeds the cells. The cells are then moved to a machine that helps them grow further, and the cell lump is molded to resemble meat. Lab-grown meat companies say that they can turn a single tissue sample into literal tons of food. One such company, Mosa Meat, says it can turn one sample into 80,000 quarter pounders. 

Yet the complexity of that process, which takes several weeks, means costs are high. In December, one company, Future Meats, reported that it had cut its chicken breast production costs from $18 to $7.70 a pound in just 6 months. That’s still far higher than the $3.60 the average pound of chicken costs at a US supermarket, and it doesn’t include all the mark-ups, shipping, and related charges. 

Proponents of cell-meat say that it will prevent disease from food-borne illness or from slaughterhouse contamination. They also claim it will allow people to continue eating meat while massively cutting down on environmental costs, such as deforestation and the carbon emissions and water usage that accompany meat production. Others say it’s simply a matter of stopping the killing of animals. 

On the other hand, beyond those who say the “meat” simply isn’t meat, opponents claim that cell-based meat ignores culture and nature, causing a scientific risk that could create allergens that did not exist before. Others say that lab-grown food ignores the environmental and phytochemical benefits that come when animals feed on pasture, which leads to better flavor and nutrition. The health benefits of meat can’t be reduced to a simple combination of cells, they say.  

And finally, there’s a question of taste. Chefs who have experimented with cell-based meats, including Jose Andres and Dominique Crenn, described the consistency of one lab-grown chicken breast as grainy and slightly mushy, yet reminiscent of poultry found in certain regions of France. At a recent blind tasting conducted by SuperMeat, another cell-based meat company based in Israel, a panel sampled cell-based meat alongside traditionally raised minced chicken. The majority of the panel found the lab-grown product to be the better tasting option. 

Either way, lab-based meat is booming, and cell-based chicken may soon be available at a supermarket near you.

If you have thoughts, let us know at Max@RocaNews.com!
 
Future Wrap ideas or requests? Let us know!

think Games

Rapid-fire trivia! Complete each of the following lists.
  1. The Great Lakes: Superior, Michigan, Ontario, Huron, and _____
  2. Beatles last names: Lennon, McCartney, Harrison, and _____
  3. States bordering Kansas: Missouri, Oklahoma, Nebraska, and ____
  4. UN Security Council (permanent members): US, UK, China, France, and _____
Find out the answer at the bottom of Roca Clubhouse.

wave Roca Clubhouse

Yesterday's Poll:

Do you think the metaverse will one day be a major part of your life? 

Yes: 12.7%
No: 87.3%
 

Yesterday's Question:

Just pet pics!
 

General Feedback:

Katie from Georgia: "Thank you for what you guys do! I actually care about the news again for the first time in a long time. And I love the pet idea!! A much needed bright spot during some crazy times."

Amanda: "The Nicholas Cage pop up gave me life yesterday. Keep on keeping it classy, Roca."

Roca Pet-a-palooza!

Last Friday, we opened up Pandora's pet box and asked you to send in pics of your pets. They flooded the inbox (with cuteness!), and this week we will feature 3 of your pets per day.
 
Colby Jack (Connecticut)
Bizzy and Sharky (Georgia)
Scout (San Jose, CA)
 
Games Answer(s):
1. Erie 2. Starr 3. Colorado 4. Russia

Final Thoughts 


Riders: We hope you all had great weekends. Frost is officially out of Ukraine and into Romania – Wraps on his experience to come. Meanwhile, Roca HQ is now out of a cursed office and into one where we can properly build the future of news.

We hope you all have great Mondays.

- Max and Max

wave Today's Instagram Wrap is on the year 536 AD, which some say was the worst year ever
 
Thanks for reading! See you again tomorrow!
As always, send thoughts and feedback to Max@Rocanews.com
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Want to join the team? We're hiring! Email Jobs@RocaNews.com and let us know why you're a fit.






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