- ☝️ The oldest known inscribed stone tablet of the Ten Commandments is going up for auction at Sotheby’s next week; the auction house says the ~1,500-year-old tablet was unearthed near Israel in 1913.
BUSINESS & MARKETS
in partnership with Tuft & Needle
- 📉 US markets fell across the board (S&P: -0.5%; Dow: -0.5%; Nasdaq: -0.7%). | 🏘️ The average US mortgage rate (30-year) dropped to 6.6% from 6.69%, per Freddie Mac; it marks the third straight week of declines.
- 📺 Warner Bros. Discovery announced a restructuring plan to segment its business into linear (ex: TBS, TNT) and streaming units (ex: HBO); shares rose 15% on the day. | 📷 Adobe shares fell 14%, their largest one-day drop since September 2022, after the company released weaker-than-expected forward guidance.
- 🍷 The FTC sued Southern Glazer's, the largest US distributor of wine and spirits, accusing the company of providing more favorable prices to large chain buyers vs. smaller stores.
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SPORTS, MEDIA & ENTERTAINMENT
- ♟️ India’s Gukesh Dommaraju, 18, became the youngest-ever world chess champion after beating China's Ding Liren at the World Chess Championship.
- 📝 Time named President-elect Trump as its 2024 Person of the Year; Trump was also Time's Person of the Year in 2016. | 💍 Selena Gomez and Benny Blanco are engaged.
- 🍗 BuzzFeed is selling First We Feast, the studio behind the Hot Ones YouTube show, for $82.5 million.
SCIENCE, SPACE & EMERGING TECH
in partnership with Kanguro
- 🏥 Healthcare startup Ro says its platform will now offer more affordable doses of weight-loss drug Zepbound via a new Eli Lilly partnership.
- 🤏🤖 Caltech researchers created microscopic robots that successfully delivered drugs to specific locations within the bodies of mice.
- 💉 Gilead is in the early stages of developing a once-yearly HIV prevention shot; the pharma giant’s twice-yearly HIV prevention shot is in Phase 3 clinical trials.
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MISCELLANEOUS
- 🇮🇷 Iranian authorities are prosecuting a female singer for live streaming her own performance while defying religious dress codes; women are banned from singing solo in public in Iran.
- ⚖️ Tal and Oren Alexander, two wealthy real-estate agents, were arrested alongside a third brother over charges in New York accusing them of running a sex-trafficking scheme to drug and rape dozens of women.
- 🏛️ The House voted 281-140 to approve a $895 billion defense spending bill for the 2025 fiscal year; the Senate is expected to sign off on the bill next week before President Biden signs it into law. (From the Left | From the Center | From the Right)
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