☕ Strike imminent

Your next vacay might be on a floating amusement park... July 13, 2023 [View Online]( | [Sign Up]( | [Shop]( [Morning Brew]( TOGETHER WITH [The Ascent]( Good morning. Earlier this week, a story spread across the internet (including in Monday’s Brew) that people in 17 states would be treated to a northern lights display today. Unfortunately, that forecast was never true, according to the University of Alaska Fairbanks Geophysical Institute, which was cited as the source of the forecast. For most of us, tonight’s sky will be the same as it always is: dark and full of terrors. —Matty Merritt, Cassandra Cassidy, Molly Liebergall, Abby Rubenstein, Neal Freyman [CLICK]( THIS TO REMAIN A SUBSCRIBER Clicking on newsletter links is the only way for us to know you are reading (and enjoying) Morning Brew. If you don't click by next month, you will stop receiving this newsletter. [Click here]( to let us know that you’re still an active subscriber. Thanks! MARKETS Nasdaq 13,918.96 +1.15% S&P 4,472.16 +0.74% Dow 34,347.43 +0.25% 10-Year 3.862% -11.2 bps Bitcoin $30,351.05 -0.64% Domino’s Pizza $388.59 +11.09% *Stock data as of market close, cryptocurrency data as of 3:00am ET. [Here's what these numbers mean.]( - Markets: Cooler-than-expected inflation data for June sent stocks soaring yesterday, pushing the S&P 500 and the Nasdaq to their [best days]( since April 2022. - Stock spotlight: Domino’s Pizza came in piping hot after the chain announced it had dropped its long-standing objection to delivery apps and inked a deal with Uber to allow Uber Eats and Postmates to take orders for its pies.  Markets Sponsored by LiquidPiston Reinventing the wheel? No, something much better: reinventing the engine. LiquidPiston’s revolutionary engine unlocks a $400b market opportunity. They’ve already earned $30m+ in US government contracts. [Join in their growth by investing now](. This is a paid advertisement for LiquidPiston’s Regulation A+ Offering. Please read the offering circular at [invest.liquidpiston.com](. ENTERTAINMENT [Hollywood actors will join the picket line]( [SAG-AFTRA building with logo]( Chris Delmas/Getty Images This morning, 160,000 actors, announcers, game show hosts, and even the people who pretend to be Harrison Ford tucking and rolling through booby-trapped temples will announce they are going on strike. Their union, SAG-AFTRA, did not reach a deal with the studios by last night’s deadline, meaning they will join the already striking Writers Guild of America (WGA) on the picket line. It’ll be the first time writers and actors have been on strike at the same time since 1960. Both groups are seeking better pay as streaming transforms the entertainment industry landscape, as well as assurances that studios aren’t going to replace them with AI. So, what happens now? The WGA strike, now in its third month, has already shuttered most film and TV production in New York, LA, and even Chicago, and with the actors joining in, the few projects that were proceeding with already written scripts will also shut down. Plus, the SAG-AFTRA strike will keep members from filming projects overseas, too, so the highly anticipated House of the Dragon and part two of Mission: Impossible – Dead Reckoning will likely have to halt filming. SAG-AFTRA strike rules also bar actors from participating in [promotional activities](. So, premieres like the one for Disney’s Haunted Mansion won’t be star-studded, and Margot Robbie’s pink carpet couture is going back in the Barbie trunk. And hopefully the Emmys didn’t already print invites: Even though we all tweeted our congrats to Jennifer Coolidge on her [nomination]( yesterday, the people in charge will likely push the ceremony from September to January to avoid having a show with no famous people. This might take a while…since the studios appear ready to play hardball. Deadline [reported]( yesterday that execs have no interest in meeting with Writers Guild reps to negotiate until late October, with one anonymous source saying, “The endgame is to allow things to drag on until union members start losing their apartments and losing their houses.” The Alliance of Motion Picture and Television Producers denied this, but don’t expect your favorite show to resume filming soon.—MM   TOGETHER WITH THE ASCENT [One card to rule them all]( [The Ascent]( The credit card experts at The Ascent landed on a pick so good, they almost wanted to keep it a secret. But you know what they say: What good is a secret if you can’t tell anyone? We’re spilling the beans, and here’s the juicy part first: [This card]( offers a 0% APR until nearly 2025 on purchases aaand balance transfers. That’s 15 months of no interest—unmatched numbers. But that’s not all. [This bad boy]( also offers: - up to 5% cash back on rotating categories (that you’ll actually use) - an unlimited bonus cash-back match - no annual fee Sound good? Duhhh. [Apply in less than 2 minutes for this 5-star-rated card](. WORLD [Tour de headlines](#) [Bob Iger on Fox Business Network's ]Michael Loccisano/Getty Images Bob Iger plans to stay at the House of Mouse for a while. Disney CEO Bob Iger, who returned to the role to replace Bob Chapek in November, has [agreed]( to lead the company through 2026—two years longer than initially planned. Iger has already begun restructuring, including laying off 7,000 employees as the company contends with the transition to streaming, dwindling park attendance, and a feud with Florida Governor Ron DeSantis. The extension will give Disney extra time to pick the best successor to take the reins once Iger steps down. It’s getting hotter in the water. [Ocean temperatures]( off the coast of Florida have climbed to unprecedented highs of nearly 97 degrees Fahrenheit when readings in the 80s would be more typical. The temps are so high that they’re off the color scale of some weather maps, according to the Washington Post. These Jacuzzi-like temperatures pose a major danger to the coral in the area, which is likely to bleach (meaning turn white from starvation)—especially since it’s only July and corals usually suffer most from the heat in August and September. Fox News got hit with another defamation suit. Tucker Carlson may be broadcasting on Twitter now, but he’s still causing headaches for his former employer. Trump supporter Ray Epps [sued]( the network, claiming the bow-tied host pushed the “fantastical story” on Fox that Epps was an undercover FBI agent who instigated the violence at the Capitol on January 6, 2021, rather than being a regular protester. The fallout from Dominion Voting Systems’ defamation case against Fox, which the network settled for $787.5 million, got Carlson booted from the network in April. ECONOMY [Inflation, unlike the climate, is cooling down]( [Stack of money frozen in ice cube]( Francis Scialabba Get ready to make hella frittatas because it looks like the days of $14 eggs are behind us. Inflation [cooled]( to a two-year low of 3% last month, according to government data released yesterday—meaning the worst of the crisis is probably over. Core inflation (which takes out volatile food and energy prices) rose only 0.2% in June—its slowest pace since early 2021. Not all prices are coming down, though. According to the Wall Street Journal’s [deep dive]( into the data, there are still some things to avoid buying if you want to hang on to your cash: - Don’t: Burn your toast, chug Diet Coke, or eat frozen peas. The price of white bread increased 11.5% over the past year, carbonated drinks went up 9.1%, and frozen vegetables jumped 17.6%. - Do: Go on a road trip, buy a 55-inch LCD, and attend a destination wedding. Gas is down 27%, TV prices decreased 10%, and airfares dropped 19%. Big picture: The Fed’s string of interest rate hikes appear to have done their job. But inflation remains above the 2% target, so JPow and friends are expected to raise rates again later this month. Experts say inflation’s slowing pace means it’ll likely be the last increase for a while.—CC   SPONSORED BY CARIUMA [Cariuma]( Perfect sneaks for your travels. Board your vacay flight in the shoe of the summer—but get movin’ because these [B Corp-certified bad boys]( (with over 40k 5-star reviews) sell out fast. Loved by celebs like Jon Hamm + Helen Mirren, these kicks are true showstoppers. [For a limited time, use code BREWJULY for 20% off](. TRAVEL [This boat is huge]( [The Royal Caribbean's Icon of the Seas has 20 decks]( Royal Caribbean International The world’s biggest cruise ship is coming soon, and it would probably send a Victorian child into a coma. Longer than the Eiffel Tower is tall, Royal Caribbean’s Icon of the Seas is a Pimp My Ride [fever dream]( that just passed its first sea trials. It’s got twenty decks, more than 40 venues for wining and dining, an ice rink, a 55-foot waterfall, nine whirlpools, and an open-air “Central Park” with real foliage. The new ship is five times larger than the Titanic, and while some people (and probably [orcas]( if they could tweet) call it a [dystopian monstrosity]( plenty of eager cruisers have already booked passage on the big ship. - Royal Caribbean had its largest-ever booking day when Icon tickets, which started at $1,537, dropped last October. - All 5,610 passenger spots on the Icon’s inaugural January 2024 voyage from Miami to the Caribbean are sold out. But seven-night trips later in the year are still available, and those who want to hit the candy-colored waterslides like a baller can spring for a suite at ~$10,864 per person. Zoom out: After suffering a 15-month pandemic shutdown, the cruise industry has come back even bigger. Next year, 36 million people are expected to vacation at sea, compared to 29.7 million in 2019, according to the Cruise Line International Association.—ML   GRAB BAG [Key performance indicators](#) [A half pink, half muted ticket]Francis Scialabba Stat: Moviegoers will soon be coming to AMC for twice the magic: Barbenheimer—a double feature of the upcoming films Barbie and Oppenheimer—has made the leap from internet obsession to driver of actual ticket sales. More than 20,000 people have already [ordered tickets]( from the theater chain to experience the peanut butter and pickles-like pairing of a movie about a doll discovering the world outside her hot-pink Dreamhouse and another about the creation of the atomic bomb. And the meme-turned-IRL five-hour commitment isn’t just a US phenomenon: UK cinema chain Vue told Bloomberg that 19% percent of Oppenheimer ticket buyers also purchased Barbie tickets. Quote: “Evaluated biomarkers from biofluids, devices and imaging, no benefits detected.” Those suffering from sanguivoriphobia (that’s fear of vampires, if your Greek is rusty) can breathe a little easier knowing that 45-year-old tech millionaire Bryan Johnson has said on Twitter that he [ended]( the “young plasma exchanges” he was hoping would help keep him from aging. Johnson had been using his 17-year-old son as his “blood boy” while giving his own blood to his 70-year-old father. But after not getting any younger, Johnson has called it off, though he is continuing other parts of what Bloomberg described as his $2 million-per-year efforts to look 18. Read: Take Antarctica off your travel bucket list. ([The Atlantic]( NEWS [What else is brewing](#) - [Elon Musk]( has started yet another company, xAI, with the modest goal of understanding “the true nature of the universe.” He’ll reveal more about the new venture in a Twitter Spaces event on Friday. - [The FTC]( said it would appeal a judge’s decision to let Microsoft complete its purchase of Activision Blizzard despite the agency’s antitrust objections. - [Apple]( unveiled a public beta version of its next iPhone operating system, in case you want to try it out. Meanwhile, your [next iPhone’s]( probably going to cost you. - [Anchor Brewing]( the oldest craft brewery in the US, is closing down after 127 years in business. - [Meet the Autocado]( a new robot Chipotle is testing out to prepare avocados in hopes of speeding up the production of all that guac that costs extra. RECS [To do list Thursday] Doing Rube Goldberg proud: Here’s the story behind a very elaborate [music video](. Yes, chef: Learn how to make the potato chip omelet from The Bear ([YouTube](. Add to the pile on your nightstand: Reader’s Digest just named its [100 best books]( of all time. Don’t get fooled by the machines: This is [how to tell]( if something was written by AI. CFOs, meet HR: Discover how one finance team partnered with their HR department to [improve talent retention](. GAMES [The puzzle section](#) Brew Mini: Today’s Mini is so nerdy and fun. Neal solved it in 3:27…[can you beat that]( Three headlines and a lie Three of these headlines are real and one is faker than a super chill goldendoodle. Can you spot the odd one out? - Snakes [calm down]( when near a friend, new study finds - She [steals]( surfboards by the seashore. She’s a sea otter. - China is sending [fish]( to its space station - Toads [swarm]( Austin coffee shop after munching on trashed grounds and getting addicted SHARE THE BREW [Share Morning Brew]( with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag. We’re saying we’ll give you free stuff and more friends if you share a link. One link. Your referral count: 0 [Click to Share]( Or copy & paste your referral link to others: [morningbrew.com/daily/r/?kid=4904f90a]( AROUND THE BREW [White-collar AI]( [ ]( Say hello to your new colleague: AI. Ninety percent of high earners have exposure to AI, whether it’s in Big Tech integrations or board meetings. [Check out the report](. Don’t miss Healthcare Brew’s virtual event TODAY on the Q2 State of the Industry Report. Get exclusive insights from industry experts. [Register now](. Explore ideas vs. reality: Experience a virtual tech extravaganza from Tech Brew on July 25. [Find the details here](. ANSWER We made up the one about the caffeine-addicted toads. Written by [Neal Freyman]( [Matty Merritt]( [Molly Liebergall]( [Cassandra Cassidy]( and [Abigail Rubenstein]( Was this email forwarded to you? Sign up [here](. Take The Brew to work - Marketers: [Marketing Brew]( - Corporate: [CFO Brew](  [HR Brew]( - Tech: [IT Brew](  [Tech Brew]( - Retailers: [Retail Brew]( - Healthcare: [Healthcare Brew]( Interested in podcasts? - Check out ours [here]( [ADVERTISE]( // [CAREERS]( // [SHOP]( // [FAQ]( Update your email preferences or unsubscribe [here](. Please Note: We've recently updated our Privacy Policy. View our privacy policy [here](. Copyright © 2023 Morning Brew. All rights reserved. 22 W 19th St, 4th Floor, New York, NY 10011