Now on Quartz

Apple’s capitulation to China undermines Obama’s tough talk on snooping

The BriefYour world right now

6 hours ago

A big bid on biologic medicines.

  Pharma giant Johnson & Johnson is planning to acquire Pharmacyclics, which makes biopharmaceutical cancer drugs, according to the Financial Times (paywall). The deal, likely worth more than Pharmacyclics’ market cap of $17.5 billion, adds to what we’ve argued is an overheated market in biotech.
8 hours ago

Barack Obama’s Keystone XL veto stands.

  The controversial oil pipeline—meant to transport tar sands oil from Canada to refineries in Texas—was passed by both chambers of Congress, but the president vetoed it. Proponents of the plan in the Senate tried to override that veto, but they were short five votes of the required two-thirds majority.
March 04, 2015

Darren Wilson will not face federal charges.

  A US Justice Department investigation found no reason to discredit the claim that Wilson—the police officer whose shooting of 18-year-old Michael Brown in Ferguson, Missouri, caused months of nationwide protests—felt unsafe, nor any basis for civil rights charges. The report noted, however, that racism is a systemic problem in the city.
March 04, 2015

The US has too much oil.

  US oil futures dipped below $50 a barrel after the government reported that its inventory levels rose by 10.3 million barrels, three times the increase analysts predicted. Signs of an imminent nuclear deal with Iran have also raised fears that without sanctions, a flood of Iranian oil will further depress prices.
March 04, 2015
Chart of the Moment

Men’s fashion is a goldmine for online retailers.

March 04, 2015

McDonald’s is phasing out chicken raised with human antibiotics in the US.

  The fast-food company says that it is working its meat supplier, Tyson, to stop using poultry that has been treated with antibiotics also used by humans within two years. The move, designed to fight the rise of antibiotic-resistant “superbugs,” may also help improve the chain’s crumbling brand image.
March 04, 2015

Dozens of coal miners are trapped in Ukraine.

  An underground explosion claimed the life of one worker and 32 others are unaccounted for. The blast at the Zasyadko mine in Donetsk was not caused by shelling in the separatist-held region, but Ukrainian officials said rebels had blocked a Ukrainian rescue team from assisting.
March 04, 2015

Minecraft is more popular than the Bible (on Google).

  Markus Persson’s iconic computer game—which sold to Microsoft late last year for $2.5 billion—is Googled more frequently than the holy book, Justin Bieber, and even Harry Potter. In an interview with Forbes, the 35-year-old billionaire describes his extravagant life after selling his 71% stake in the game.

Top Stories on Quartz

The US ambassador to South Korea is slashed in a knife attack

Etsy is going public, and it makes no money

Everyone's a captain

Now hiring: Thousands of drone pilots to fly the skies of Europe

The Google founders’ 2004 IPO letter has imitators even today

race racket

Ferguson is what happens when you run a police force as a profit-making business

streaming is coming

HBO’s streaming service for cord cutters now has a name and price

Jay Z is embroiled in a streaming music takeover battle

course correction

Australia’s miracle economy is losing altitude


Etsy is offering fine-crafted equity shares to its customers


McDonald’s is promising to get human antibiotics out of its US chicken supply


Men’s clothing is outpacing cameras, computers, and beer in growth of online sales

China’s letting men pour tea—and no one can decide if it’s to combat sexism or prevent ogling


The one chart you need to understand why US bank regulation can’t be understood

Europe doesn’t need net neutrality because broadband-market anarchy is working

Here’s why gas really costs Americans $6.25 a gallon


Deaths from heroin in the US have quadrupled since 2000


American schools are on a campaign to make snow days not fun anymore


What’s in Hillary Clinton’s secret emails?


Wall Street is hogging the peer-to-peer lending market

The average anti-vaxxer is probably not who you think she is


Russians are drinking less vodka and more beer

Apple pain

Apple shirks responsibility for fraud happening on Apple Pay

quick start

Google could start shuttling people around in its self-driving cars this year

Powered by VIP