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Hereās what you need to know
Yellowās 99-year history has come to an end. The trucking company informed staff that itās shutting down and filing for bankruptcy.Ā Ā
Major banks are plotting to skirt their climate responsibilities. A proposed agreement on carbon accounting would exclude most stock and bond underwriting activity from banksā calculations of their carbon emissions.
Intel is getting much more bullish on AI. Worried about falling behind in the global AI chip market race, Intel wants to take on industry giant Nvidia.
Adidas has another Yeezy drop coming. The second release of the leftover stock linked to the now-defunct partnership with rapper Ye will make a louder statement against anti-semitism.
July was probably the hottest July ever
This month is not only on track to be the hottest July on recordāitās on track to be the hottest month ever, period. Quartzās Ananya Bhattacharya explains why.
Quotable: Not many people are threading
āIf you have more than 100 million people sign up, ideally it would be awesome if all of them or even half of them stuck around. Weāre not there yet.āāMeta CEO Mark Zuckerberg, in a call with employees, as reported by Reuters on July 28
Just weeks after attracting more than 100 million signups for the new rival to X, the social media app formerly known as Twitter, Threads hasnāt been able to keep half of its users logged in. Zuckerberg says new features will be the key to engagementā¦ but maybe itās much, much deeper than that.
One big number: $10 million
Fine paid by casino king Steve Wynn, the founder of Wynn Resorts, to settle a 2019 sexual misconduct case
In addition to the fine, Wynn was banned from Nevadaās gambling industryāwhich he played a big role in developingāamid claims he made unwanted sexual advances toward several women under his employment. But settlements related to Wynnās alleged sexual misconduct go far beyond $10 million.
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Surprising discoveries
Americaās Appalachian Trail keeps getting longer. Originally 2,050 miles (3,300 km), it now is stretching farther and farther.
Ivermectin may help reduce tick populations. Feeding the controversial antiparasitic drug to deer could kill the little critters that bite them.
Worms nestled in the Siberian permafrost have been revived. Theyād been hanging out there for 46,000 years.
Virgin births are possible in fruit flies. But itās unlikely the method would ever work in humans.
Our solar system doesnāt really make sense without a ninth planet. Thatās why scientists keep looking for one.
Our best wishes for a productive day. Send any news, comments, Appalachian Trail maps, and Planet Nine names to talk@qz.com. Reader support makes Quartz available to allābecome a member. Todayās Daily Brief was brought to you by Sofia Lotto Persio and Morgan Haefner.