Good morning.
Reddit says Russians were behind the spread of leaked trade documents. Reddit says that the distribution of classified US-UK trade papers which discussed Britain's National Health Service was a part of an operation “originating from Russia.”
Metals.com scam
Fashion forward
Minimalist and maximalist fashion have reached a new equilibrium. But it's more than just another swing in fashion's pendulum. The trend suggests that shoppers have a lot more say in what's "in" than they ever have before.
Amazon attrition
At the movies
Reshaping society
Electric cars make their mark
2019 was the year electric vehicles grew up. From budget Kias to fleets of e-trucks, this was the biggest year for vehicular electrification yet—but several blockbuster launches belie a hard road ahead as automakers are forced to reinvent themselves.
Tesla flexed its muscle in the market even as overall EV sales softened. Global automakers have committed $225 billion toward electrification -- well past the point of no return despite 2019's worrying dip in EV sales (at least for cars not built by Tesla). Overall, it was the year things got serious
Tesla flexed its muscle in the market even as overall EV sales softened. Global automakers have committed $225 billion toward electrification -- well past the point of no return despite 2019's worrying dip in EV sales (at least for cars not built by Tesla). Overall, it was the year things got serious for EVs.Tesla has done the yeoman's work of proving you can sell a million or so electric cars to the masses. Its Model 3 accounted for 1 out of every 6 EVs sold worldwide. Now VW, GM, Ford, and others have painted a giant target on Tesla's back. Let the race begin.
Two new electric cars help ease India's "range anxiety." Public charging infrastructure does not exist in India, so the short-range electric cars produced by domestic manufacturers have failed to make a dent in the market. But a pair of EVs by MG Motors could flip that script, if buyers ignore the price tag.
Record low unemployment
Americans locked up abroad
Canopy branches out
The future of finance
Trendy direct stock listings get dealt a blow by the SEC. A New York Stock Exchange proposal to give companies the freedom to raise capital during a direct listing was rejected by the Securities and Exchange Commission, CNBC reports.
For SoftBank’s Vision Fund, size doesn’t seem to matter. With nearly $100 billion in capital, it's the largest tech investing fund in the world. But it's not clear that SoftBank’s massive investments are paying off as its highly-valued unicorns transition to the public market. Learn more in this Quartz presentation for members. ✦
Get smart about parenting
Finland’s communal grandparents, known as "kylämummi," forge relationships across the generational divide. For more than a decade, Finland’s largest organization dedicated to child and family welfare has run a program that encourages older people to volunteer to give time and attention to toddlers. But are these programs successful?
Raising a child is hard. But the “parenting is hard” trope, which feeds memes and dinner conversations, can be dangerous. It frames the problem as the individual failure of a single parent rather than as a social issue.
I always say we have to raise our girls to be brave, not perfect. But it's not enough for parents to try to do this work alone, we have to change as a society because our kids are getting messages from everywhere - media, school, classmates - so it's on all of us together.
See you later!
Insurers take Obamacare fight to SCOTUS, demanding $12 billion from the US
QuartzMassachusetts says Metals.com sold $3.2 million in overpriced coins to conservative seniors
QuartzAmazon is struggling to hold on to the pilots who ship your packages
QuartzThe battle between minimalist and maximalist fashion has reached a new equilibrium
QuartzySeven fantastic, under-the-radar movies you may have missed in 2019
QuartzyThe concept of objectivity is under attack at the Trump impeachment hearings
QuartzThe secret of creating happy societies
QuartzAmericans have stopped relocating, and it could dramatically affect society
QuartzFight performance anxiety with the same techniques elite athletes use
QuartzEconomists struggle to figure out where Africa’s informal economy starts or where it ends
Quartz Africa