☕️ 5 years of #MeToo

Plus, Ukraine strikes a bridge Putin loves... October 10, 2022 [View Online]( | [Sign Up]( | [Shop]( [Morning Brew]( TOGETHER WITH [Apollo Global Management]( Good morning. Today is Columbus Day as well as Indigenous Peoples Day, which was commemorated as a national holiday for the first time by President Biden last year. Depending on where you live, your state might recognize one of the two holidays—or both. If you have the day off, well, I hope this is the last email you read. —Neal Freyman MARKETS: YEAR-TO-DATE Nasdaq 10,652.40 -31.91% S&P 3,639.66 -23.64% Dow 29,296.79 -19.38% 10-Year 3.889% +237.5 bps Bitcoin $19,442.16 -58.01% Oil $92.60 +23.12% *Stock data as of market close, cryptocurrency data as of 1:00am ET. [Here's what these numbers mean.]( - Markets: The stock market opens this week with pogo-stick energy. The S&P has moved more than 1% in 11 of the past 14 trading days, the WSJ [notes](. It hasn’t had a stretch like that since April 2020. Oh, btw, it’s also on track for its worst year since 2008. - Ominous sign for the economy: The Phillies advanced to the next round of the playoffs. #METOO [5 years after #MeToo spread, Weinstein back on trial]( [Former film producer Harvey Weinstein (L) interacts with his attorney Mark Werksman in court at the Clara Shortridge Foltz Criminal Justice Center in Los Angeles, California]( Etienne Laurent/Pool/AFP via Getty Images Five years ago this month, in October 2017, the [New York Times]( and the [New Yorker]( published articles alleging that Hollywood mogul Harvey Weinstein had abused women for decades. Those revelations sparked the #MeToo movement, which exposed the pervasive sexual harassment of women in the workplace, including by men at the highest rungs of the corporate ladder. Weinstein is [back in the courthouse]( today in Los Angeles for his second trial over sex crimes. He was already convicted of rape and criminal sexual assault in New York in 2020, and has 21 years left on his prison sentence. But this summer a New York court cracked the door open for Weinstein’s conviction to get overturned, so this LA trial has taken on much greater significance than expected. Weinstein is facing four counts of rape and seven counts of sexual assault. How have things changed since 2017? The five-year anniversary of the initial Weinstein allegations has generated intense debate over how much the #MeToo movement has achieved for women in the workplace. Some victories: - 22 states and Washington, DC, have passed more than 70 workplace anti-harassment bills, according to the National Women’s Law Center. - Powerful men such as R. Kelly, Bill Cosby, and Jeffrey Epstein were put behind bars for their crimes. - The movement led to a reckoning far beyond US borders. Over one-third of #MeToo tweets in its first year were posted in a language that wasn’t English, according to a Pew study. Others argue that #MeToo hasn’t resulted in dramatic changes. - The rampant online abuse directed at Amber Heard during her trial with Johnny Depp earlier this year was viewed as revealing the limited impact #MeToo had on stopping hostile behavior toward women. - Time’s Up, a star-studded nonprofit that was launched in 2018 to combat sexual harassment in Hollywood, is essentially defunct. - Other critics of #MeToo argue that it’s gone too far in “canceling” men whose actions were unjustly lumped in with those of Weinstein, Epstein, et al. One final stat to go: In a new Pew survey, 70% of respondents said that people who commit sexual misconduct in the workplace are more likely to be held accountable now than compared to five years ago. �  �  �  mailto:?subject=Check%20out%20this%20story%20from%20Morning%20Brew%21&body=5%20years%20after%20%23MeToo%20spread%2C%20Weinstein%20back%20on%20trial%3A%20https%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fstories%2F2022%2F10%2F09%2F5-years-after-metoo-spread-weinstein-back-on-trial%3Futm_campaign%3Dmb%26utm_medium%3Dnewsletter%26utm_source%3Dmorning_brew%0A%0AWant%20more%20great%20content%3F%20Subscribe%20to%20Daily%20Brew%20%E2%80%94%20Delivering%20the%20latest%20business%20news%20from%20Wall%20St.%20to%20Silicon%20Valley%20daily.%0Ahttps%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fr%2F%3Fkid%3Da905682a%26utm_source%3Demail_share%0A WORLD [Tour de headlines](#) [A picture obtained by AFP outside Iran, shows people gathering next to a burning motorcycle in the capital Tehran on October 8, 2022]AFP via Getty Images Deadly protests continue to engulf Iran. Demonstrations that began over the death of a woman who was detained by Iran’s morality police have now ballooned to the [biggest rebuke]( of the clerical government in years. Students have joined the protests, chanting “death to the dictator” (referring to Supreme Leader Ayatollah Ali Khamenei) and anti-government protesters appeared to hack a state-run TV broadcast on Saturday. A human rights group said that at least 185 people have been killed over the three weeks of protests. Social media companies clamp down on Kanye West after antisemitic posts. The rapper had his account restricted by Instagram for violating its policies, and then when he started posting on Twitter, that platform also [locked him out](. West, who now goes by “Ye,” has been posting antisemitic content, including a tweet that stated, “when I wake up I’m going death con 3 On JEWISH PEOPLE.” Ye was also heavily criticized for wearing a “White Lives Matter” t-shirt at Paris Fashion Week. Vermeer didn’t actually paint a Vermeer. The National Gallery of Art believed that it had four paintings by the famed Dutch artist Johannes Vermeer. But after a team of researchers inspected the paintings during the pandemic, it discovered that one of them, “Girl with a Flute,” was [not painted]( by Vermeer, but by someone else, perhaps an associate or a student. The finding, announced on Friday, challenges the long-held perception of Vermeer as a lone genius. TOGETHER WITH APOLLO GLOBAL MANAGEMENT [Invest in tomorrow—today]( [Apollo Global Management]( [Apollo]( is helping to solve complex problems by investing in tomorrow, today. How do they invest in the future, you ask? By empowering people to retire better, building and financing stronger businesses, and driving a more sustainable future for our communities. Plus, Apollo invests *alongside* clients—whether that means partnering with businesses to fund their growth or acting as a leading capital provider to accelerate the energy transition. Now that’s investing in tomorrow, today. [Learn more about Apollo here](. �  �  �  GEOPOLITICS [A bridge over troubled waters]( [Explosion causes fire at the Kerch bridge in the Kerch Strait]( Vera Katkova/Anadolu Agency via Getty Images Just hours after Vladimir Putin blew out the candles on his 70th birthday cake, the Ukrainians gave him something he certainly didn’t wish for: a [stunning attack]( on his beloved Kerch Bridge, which connects the Russian mainland to the Russian-occupied Crimean Peninsula. The details: Early Saturday morning a massive explosion rocked the bridge, which is the only physical connection between Russia and Crimea. The blast took out sections of two auto lanes, and ignited a nearby train that was carrying fuel. Russian officials are scrambling to make repairs and restore traffic. Who or what actually caused the explosion isn’t 100% clear, but all signs point to Ukraine being responsible. While Ukraine hasn’t publicly taken credit for the attack, an anonymous senior Ukrainian official told the NYT that its intelligence services detonated a bomb on a truck that was traversing the bridge. Putin also blamed “Ukrainian secret services.” Why it matters: The Kerch Bridge explosion is a significant blow to Russia both tactically and symbolically. On the tactical side, it will disrupt key transportation flows that supply Russia’s military in southern Ukraine. On the symbolic side, it’s another public embarrassment to Putin, who viewed the infrastructure project as a major step in his attempt to rebuild the Russian empire. Putin himself opened the bridge in 2018 by driving a truck across it. �  �  �  mailto:?subject=Check%20out%20this%20story%20from%20Morning%20Brew%21&body=A%20bridge%20over%20troubled%20waters%3A%20https%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fstories%2F2022%2F10%2F09%2Fexplosion-on-bridge-to-crimea-a-tactical-and-symbolic-blow-to-putin%3Futm_campaign%3Dmb%26utm_medium%3Dnewsletter%26utm_source%3Dmorning_brew%0A%0AWant%20more%20great%20content%3F%20Subscribe%20to%20Daily%20Brew%20%E2%80%94%20Delivering%20the%20latest%20business%20news%20from%20Wall%20St.%20to%20Silicon%20Valley%20daily.%0Ahttps%3A%2F%2Fwww.morningbrew.com%2Fdaily%2Fr%2F%3Fkid%3Da905682a%26utm_source%3Demail_share%0A CALENDAR [The week ahead](#) [The week ahead]Xinhua News Agency/Getty Images Inflation data incoming. Thursday’s consumer price index release will show how much we got clobbered by inflation in September. Last month, inflation came in hotter than expected, leading to a market rout. Economists hope to see some cooling in “core CPI,” which strips out food and gas prices, this time around. Earnings season is back. A stock market that’s already on edge could get another jolt of volatility this week as corporations begin to report their Q3 earnings, starting with PepsiCo on Wednesday. These reports will reveal how companies are coping with the Fed’s interest rate hikes. Xi will get an extension. At China’s Communist Party congress on Saturday, President Xi Jinping is expected to receive a third five-year term in his position. The country he’s overseeing is in a [serious economic slump]( right now. Everything else… - The World Bank and the International Monetary Fund will hold their annual meetings in Washington, DC, this week amid great macroeconomic uncertainty. - Amazon is holding another Prime-linked [sales event](—just one of many early bird holiday discounts that retailers are unleashing right now. - Happy Canadian Thanksgiving! GRAB BAG [Key performance indicators](#) [MJ, a terrier mix, drinks cucumber infused water as owner Joey Lake exits Dogue, a restaurant for dogs] Stat: Have you tried the new $75 tasting menu at the San Francisco restaurant Dogue? Uh…hope not. It says it’s the first restaurant in the country to offer a tasting menu [just for dogs](. The three-course meal is made with locally sourced and organic ingredients, so your socially conscious pet can savor their chuck steak without feeling bad about harming the environment. Bone appetit. Quote: “It was among the strongest feelings of grief I have ever encountered. The contrast between the vicious coldness of space and the warm nurturing of Earth below filled me with overwhelming sadness.” In his new book, the actor William Shatner shares some goosebump-inducing [reflections]( on his trip to space on a Blue Origin rocket. While Shatner had thought his space ride would be the “ultimate catharsis of that connection I had been looking for between all living things,” he said it felt more like a funeral as he considered humanity’s destruction of organisms that took billions of years to evolve. Read: Is the NBA ready for Victor Wembanyama? ([The Ringer]() TOGETHER WITH WONDRIUM [Wondrium]( Binge-watching Binge-learning. Whether you’re interested in real-world topics like climate change or the economy (or just curious why your cat’s doing that weird thing again), [Wondrium]( has the intel you’re looking for. Stream over 8k hours of top-rated, expert-led courses, documentaries, and other educational programs—anytime, anywhere. [Sign up today to get 50% off your first 3 months and a free 14-day trial](. �  �  �  WHAT ELSE IS BREWING - [The NFL and NFL Players Association]( agreed to change the league’s concussion protocol in response to an injury suffered by Dolphins QB Tua Tagovailoa. - [PayPal]( said that a controversial new policy it posted—a $2,500 fine for users who promote misinformation with the service—was sent “in error.” - [EV startup Rivian]( is recalling almost all of the vehicles it’s made due to a loose fastener it needs to fix. - [Anna Sorokin](, the swindler who inspired the Netflix show Inventing Anna was released from jail…but she still faces deportation to Germany. BREW'S BETS Dive back into the week. - Shallow dive: A really good new [country album]( - Medium dive: [Memes in real life]( - Deep dive: The [rise of sleep tourism]( - Cannonball: How does the [Russia–Ukraine war end](? Today is World Mental Health Day: Here is a [list of resources]( to help you improve your mental wellness. GAMES [The puzzle section](#) Turntable: Use the extra hours from your day off to set a PR on Turntable. [Play it here](. Which one is bigger? We’ll give you clues for two numbers, and you have to answer the simple question: “Which is greater?” - Distance from the International Space Station to Earth // Distance from Los Angeles to San Francisco - Calories in a McDonald’s Big Mac // Calories in a McDonald’s Double Quarter Pounder with Cheese - Average rating of Times Square on Google reviews // Average rating of the Taj Mahal on Google reviews - The number of Taylor Swift’s Instagram followers // The number of Beyoncé’s Instagram followers [The Dallas Cowboys are worth what?!]( [The Dallas Cowboys are worth what?!]( Have you ever wondered why NFL teams are worth so much money? We explain what goes into team valuations. [Watch now](. If you love to nerd out on all things Excel, we’ve got the merch for you. [Shop the Freak in the Sheets Collection](. This business makes it simple to add Eastern medicine to your daily routine. [Would you invest](? 🛒 The past few years have rocked the retail world. Join us in NYC for a [one-day event]( that confronts today’s challenges and opportunities. 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=a905682a]( ANSWER 1. San Francisco is 348 miles from Los Angeles, and the ISS orbits Earth at a distance of about 250 miles. 2. The Double Quarter Pounder with Cheese has 740 calories, and the Big Mac “only” has 550. 3. Times Square has 4.7 stars, and the Taj Mahal has 4.6. 4. Beyoncé has 277 million, and Taylor Swift has 226 million. � � � � � Written by [Neal Freyman]( Was this email forwarded to you? Sign up [here](. WANT MORE BREW? Industry news, with a sense of humor → - [CFO Brew](: your go-to source for global finance insights - [Emerging Tech Brew](: AI, crypto, space, autonomous vehicles, and more - [Future Social](: the Brew's take on the world of social media - [Healthcare Brew](: the comprehensive industry guide for administrators, medical professionals, and more - [HR Brew](: analysis of the employee-employer relationship - [Retail Brew](: retail trends from DTC to "buy now, pay later" Tips for smarter living → - [Incrypto](: Finally, crypto news you can understand - [Money Scoop](: your personal finance upgrade - [Money With Katie](: manifest your financial freedom Accelerate Your Career with our Courses → - [Business Essentials Accelerator](: Become a better communicator, operator, and innovator. - [Leadership Accelerator](: Grow your team, grow yourself, grow your impact. - [Business Analytics Accelerator](: Understand the business of numbers and make better decisions with data. [ADVERTISE]( // [CAREERS]( // [SHOP]( // [FAQ]( Update your email preferences or unsubscribe [here](. View our privacy policy [here](. Copyright © 2022 Morning Brew. All rights reserved. 22 W 19th St, 4th Floor, New York, NY 10011