Good morning and welcome to Tuesday. To all the moms, daughters, wives, grandmas, sisters, girlfriends, aunts, etc. who make our world go round…

HAPPY INTERNATIONAL WOMEN’S DAY! 👏🥳

🚀⏰ Ready, Set, Go: Today’s news takes 4.17 minutes to read.

"Be kind whenever possible. It is always possible."

–Dalai Lama XIV (b.1935)

In an effort to introduce transparency into our reporting, we place corrections front and center to communicate exactly what – and where – we messed up.

Yesterday we mistakenly wrote that Brandon Sanderson raised $25 million in just three days, which was actually how long it took him to break the all-time Kickstarter record ($20.3 million). It took the fantasy author six days to reach $25 million.

🇺🇦 The third round of peace talks between Ukrainian and Russian officials concluded yesterday with no major breakthroughs.

• Both countries’ foreign ministers are set to meet in Turkey on Thursday to continue negotiations over a potential ceasefire and broader political solution.
• The Pentagon said Russia has now deployed “nearly 100%” of the ~190,000 troops that were gathered along Ukraine’s borders, and fired more than 625 missiles into the country over the past 12 days.
• The 40-mile-long Russian convoy headed towards Kyiv reportedly still hasn’t moved since early last week due to logistical issues, while a separate convoy advancing on Kharkiv is also stalled.
• The WHO confirmed there have been at least 14 attacks on Ukrainian health facilities since the start of Russia’s invasion, which is a violation of international law.

How the invasion is impacting…

🛢️ Oil & Gas: Global oil prices rose past $130 per barrel yesterday for the first time since 2008; Secretary of State Antony Blinken said on Sunday that the US was discussing a ban on Russian imports. The price of oil has risen ~60% so far in 2022.

🪙 Crypto: Coinbase blocked more than 25,000 addresses it believes are related to sanctioned Russian groups or individuals.

📉 Markets: Stocks dipped sharply across the board (Dow: -2.4% | S&P: -3.0% | Nasdaq: -3.6%), sending the Dow into correction territory and the Nasdaq into a bear market – meaning down 10% and 20% from recent highs, respectively.

• The Moscow Stock Exchange, which has been frozen since Russia invaded Ukraine, will remain closed at least until tomorrow.

+The latest news: From the Left | From the Right

📱 Samsung confirmed yesterday that hackers breached its internal company data and gained access to some of the source codes for Galaxy smartphones and other devices, though it didn’t mention any group by name.

• Ransomware group Lapsus$, which recently hacked multinational chip company Nvidia, claimed responsibility for the hack over the weekend.
• In the case of its Nvidia hack, Lapsus$ threatened to leak data online unless the company removed crypto mining limits from its chips (when computing power gets cut in half if it detects it's being used for mining). 
• So far, it’s unclear whether any similar extortion threats have been made towards Samsung.
• The South Korean electronics giant said the hack didn’t include the personal information of any consumers or employees. It also doesn’t anticipate any impact to its business or customers.

🌎 The big picture: Global ransomware attacks increased 105% last year, per cybersecurity firm SonicWall, with incidents affecting the world’s largest meat supplier (JBS) and America’s largest fuel pipeline (Colonial Pipeline).

🛏🛀📈 Shares of Bed Bath and Beyond opened up 86% yesterday following news that GameStop chairman Ryan Cohen acquired a ~10% stake and is pushing for changes. The stock fell back down to earth over the next few hours, but still ended the day up 34%.

• Cohen, who co-founded online pet retailer Chewy, wrote a letter to BB&B’s board saying he believes the retailer is struggling to navigate supply chain woes and win back lost market share. He also criticized top executives for taking large compensation packages during periods of underperformance.
• The billionaire investor recommended Bed Bath explore selling itself to private equity and spinning off its BuyBuy Baby chain, which he said is undervalued by the market.

📊 Zoom out: Cohen’s activism with GameStop in 2020 – which led to him being named company chairman – helped fuel its Reddit rally that saw share prices soar 1,500% over two weeks.

On the flip side, Bed Bath held off a trio of activist investors who were seeking to replace all 12 board members in 2019 (they settled for four plus the CEO).

🥇 A first of its kind… TheWMarketplace is a woman-founded online platform that exclusively features woman-made products and services.

The company answered the call in 2020 after identifying the disproportionate effect the pandemic was having on women’s employment, income and financial health. (Read their full story here.)

🔢 By the numbers…

• Women are responsible for 83% of household purchasing decisions.
• 1,800 businesses in the US are started by women every day.
• 17% of Black women are either running or starting a new business.
• 50% of business owners in Latin America and the Caribbean are women.

And one more:

• Only 2.4% of all venture capital funding goes to companies with all-female founding teams.🤔

🥳🚺 March is Women’s History Month, and today is International Women’s Day. There’s no better time to check out TheWMarketplace.

Support female entrepreneurs by shopping the wide selection of products including:

• Health & Personal Care
• Apparel & Accessories
• Food & Beverage

And their many services include:

• Accounting & Finance
• Coaching & Training
• Home & Event

🙌 At TheWMarketplace, there is no minimum order amount, no membership fees, and shipping is included in every price. (We’re looking at you, Prime…)

Celebrate WHM by shopping at TheWMarketplace

The cold, hard truth about electric vehicles in the winter: less range and longer charging times, according to recent reports.

🌡️ The deets… Lithium-ion batteries that power EVs (and cellphones and laptops) are very temperature sensitive. Cold temps slow down the chemical reactions in battery cells, which saps range and increases charging times.

EVs also don’t have heat-producing engines, which means they have to siphon battery power to warm the cabin.

• All of this translates to a range loss of around 20% in winter conditions, according to a report from the Norwegian Automobile Federation, which also concluded that cold weather causes EVs to charge slower.
• New research from AAA indicates that when the outside temp is 20° and the HVAC system is used to heat the inside of the vehicle, the average driving range is decreased by 41%.

🔋 The bottom line: “Batteries are like humans,” Anna Stefanopoulou, director of the University of Michigan’s Energy Institute, told Wired. They prefer the same sort of temps as people do; anything below 40° or above 115° Fahrenheit and you’re not going to get peak performance.

Longer term, scientists are working on solid state batteries that don’t have the same detrimental performance quirks, but those are still a few years away from commercialization.

+In the know: Buying an EV soon? Some do better than others in the cold, according to battery analysis firm Recurrent.

• ☝️ A giant Asian spider called the Joro spider is currently invading Georgia and could spread quickly across the entire East Coast, according to a recent study; the species is venomous but isn’t considered a threat to humans since its fangs are so small.

BUSINESS & MARKETS

• 🚗👁️ Intel filed paperwork to take its Mobileye self-driving car unit public; it’s expected to fetch a valuation above $50 billion.
• 💰 Average hourly wages in the US rose a seasonally adjusted 5.1% last month compared to the previous year, losing ground to inflation (7.1%).
• ⛽ The national average for a gallon of gas rose to $4.065 one day after breaking $4; gas is up nearly 50% from a year ago.

SPORTS, MEDIA & ENTERTAINMENT

• 📱 Verizon is launching "+play," a service that helps customers manage all their streaming subscriptions through Verizon.
• 🏈 Falcons WR Calvin Ridley was suspended for at least the 2022 season for betting on NFL games last year.
• 🍸 Vodka brand Stolichnaya is rebranding to be sold only under the name Stoli "in direct response to Russia’s invasion of Ukraine.”

SCIENCE, SPACE & EMERGING TECH

• 🦠🧠 A new peer-reviewed study found even mild or moderate cases of Covid were associated with "significant" neurological changes and loss of gray matter in patients 51–81 years old.
• 🔊 Academic researchers came up with a way to get Amazon Echos to hack themselves by using the device’s speaker to issue voice commands.
• 🐅 Australian scientists are planning to resurrect the extinct Tasmanian tiger to build a theme park on an island in Costa Rica. (Okay, we made the second part up.)

BEST OF THE REST

• 🎧 Sony unveiled a gold-plated Walkman that costs $3,200.
• 🇨🇳 China reported its highest number of new Covid cases since the start of the pandemic yesterday.
• ⚖️ The DOJ sentenced a Georgia businessman to three years in prison for using Covid relief money to buy a ~$60,000 Pokémon card.

💬 Quoted… "At the moment, Europe's supply of energy for heat generation, mobility, power supply and industry cannot be secured in any other way."

German Chancellor Olaf Scholz, whose country relies on Russia for ⅔ of its natural gas and more than ⅓ of its oil, joined other top European leaders in pushing back against a potential ban on Russian energy imports.

• The EU gets about 40% of its gas from Russia and was paying as much as $722 million per day to the country last week.

🔢 Stat of the Day… Food exports from Russia and Ukraine account for ~12% of all calories traded in the world, according to NPR.

🤯 Did You Know?… In 2019, Yale researchers used an artificial blood-delivery system called BrainEx to restore cellular function to the brains of 32 pigs that were killed hours earlier.

📖 Worth a Read… A career ending mistake → (Bitfield Consulting)

📊 Yesterday's Flash Poll Results... 54% of y’all thought the two musical groups accusing Dua Lipa of copying their work in her smash hit "Levitating" may have a case.

Dollar General employee Emily Duncan was working her typical shift at the register when an older woman came to check out. 

She began chatting with Emily as she rang her up, and continued to talk her ear off even after she was all checked out, with Emily growing increasingly aware of the line piling up. 

• Regardless, she listened to the elderly woman and decided to chat with her as long as she needed. 

📱 Raving recognition... Emily didn't realize the second person in line was professional bass angler Gerald Swindle, who decided to share how blown away he was by her customer service and patience. 

1.7 million views and 19,000 shares later, Emily's kindness was recognized around the globe – and eventually, by Dollar General Corporation’s leadership team. 

• She was rewarded with a plaque, flowers and a $1,000 donation to Vienna Grade School in her name.

🍽❓ We have a new game to play today… Here’s how it works: We give you a list of ingredients. You give us the completed dish they make. Capisce?

Recipe #1:

• Ground beef
• Sweet onion
• Green bell pepper
• Unsalted tomato sauce
• Barbecue sauce
• Ketchup
• Worcestershire sauce
• Brown sugar
• Dry mustard

Recipe #2:

• Unsalted butter
• Peanut butter
• White sugar
• Brown sugar
• Eggs
• Flour
• Baking powder
• Salt
• Baking soda

keep scrolling for the answers

Check out our referral prizes you can get just for introducing people you know to this newsletter. 👇

Here’s your unique link to copy & send to anyone you think would like the DONUT:

Recipe game:

1. Sloppy Joes
2. Peanut butter cookies

Side note: Anyone else already hungry for dinner?