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Here’s what you need to know
Eli Lilly’s weight loss drug business could be making its way to India. The Subject Expert Committee is advocating that the country’s drug regulator greenlight the import and sale of Mounjaro.
Boeing’s got plans to buy back Spirit AeroSystems for roughly $8 billion. The beleaguered aerospace company said it’s trying to get a handle on supply chain operations amid a chaotic year.
71 million Americans are packing their bags for America’s “Big Day.” Whether that means taking to the skies, the road, or the sea, the U.S. is expected to see record travel numbers this Fourth of July.
Mt. Gox is about to return $9 billion worth of Bitcoin. The obsolete crypto exchange went belly up 10 years ago after it was hacked, but it’s back from the dead, and is spooking investors who worry about Bitcoin’s future.
Apple hopes its AirPods can salvage its virtual reality dreams. An analyst thinks the tech giant may add cameras to its AirPod earphones by 2026 in an effort to bolster spotty sales of its Vision Pro headset.
Fraud is in the eye of the beholder
Fraud is OK in the eyes of Generation Z (those between 12 and 27 years old). Well, to an extent.
Zoomers say the economy is so tough that committing some fraud, like disputing legitimate charges, is fine. According to a new report from fraud management platform Sift, fraud is actually higher among Gen Z than other generations.
Roughly a third of Gen Zers even say they know someone who engaged in first-party fraud — but it’s unclear if the person they were referring to was themselves.
Striking out of the skies
WestJet Airlines, Canada’s second-largest airline, plans to give its mechanics a 15% wage boost after a strike forced it to ground hundreds of planes. A bargaining agreement finally came to fruition after the airline said the strike disrupted one of its busiest travel days. Quartz’s Melvin Backman has the latest.
More from Quartz
🔥 Meta’s in Europe’s antitrust hotseat over its advertising model
❌ A judge strikes down cancer victims push to block J&J’s $6.5 billion bankruptcy settlement
🦾 Big Tech is turning to nuclear power to fuel its AI push
🚘 CDK Global says it will be back online soon after it suffered numerous cyberattacks
🏃Apple’s iPhone sales in China helped it briefly beat Google and Huawei
🥀Redbox’s owner is filing for bankruptcy after struggling to pay workers and missing loan payments
Surprising discoveries
Superyachts are getting into super science. Rather than sitting idly by, the luxury liners are donating their free time to help maritime researchers.
Tractor Supply says no to DEI. The rural retailer said it is removing its diversity, equity, and inclusion positions, and taking back its stance on carbon emissions.
Prosthetic limbs could soon be controlled by the brain. Researchers are looking into a connection that will help people move and work around obstacles just by using their brain.
An asteroid that killed dinosaurs 66 million years ago could be the reason for wine. Researchers have found fossilized grape seeds across Columbia, Panama, and Peru, and they think environmental changes following the asteroid allowed for the plants to spread far and wide.
Denmark has the shortest commute time of any country in the world. On average, the Danish workforce travels just 17 minutes, according to a study conducted by gaming platform AHTI Games.
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Our best wishes for a productive day. Send any news, comments, superyachts, and dinosaur wine to talk@qz.com. Today’s Daily Brief was brought to you by Francisco Velasquez and Morgan Haefner.