Meme stock king Ryan Cohen is GameStop’s new CEO

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Good morning, Quartz readers!


Here’s what you need to know

GameStop named the “meme stock king” its new CEO. Billionaire Ryan Cohen, who sparked a buying frenzy in the company’s stock in 2021, is taking charge of the video game retailer.

Tesla was sued by the US Equal Employment Opportunity Commission for racial harassment. The suit alleges that Black employees faced a racist and hostile work environment and were retaliated against after speaking up.

A judge upheld an $18 per hour minimum wage for New York City’s delivery workers. Uber, DoorDash, and GrubHub had appealed the new pay standard in July in an attempt to block it.

The US is offering $5 million to track down the assassins of the Ecuadorian presidential candidate Fernando Villavicencio. The former legislator and journalist, who campaigned against corruption, was fatally shot in August.


Women pay a lot more for healthcare than men in the US

Pregnancy and pharmaceutical costs aside, women in the US still spend $15 billion more per year than men on out-of-pocket healthcare costs:

Graphic: Clarisa Diaz

As Quartz’s Clarisa Diaz explains, the financial discrepancy is only intensified by persistent gender wage gaps in the US. The onus then is on businesses to work with insurance companies to address the disparity.


Indian care workers are finding exploitation in the UK

Image for article titled 🌎 Memeing to the top

Illustration: Ibrahim Rayintakath for Quartz

Across the pond, hundreds of Indian nurses flocked to the UK after the covid pandemic to fill a care worker shortage, hoping to go on to work in the country’s National Health Service. But brokers and placement agencies have been ripping them off and exploiting them.

Quartz’s Samanth Subramanian tells the story of one migrant nurse, Maria, as part of our new series Merchants of Care, published with support from the Pulitzer Center and in partnership with Type Investigations. Read why Maria’s experience left her wondering if she should have ever left India for the UK.


Quotable: The sketchy business of life coaching

“When you’re a dentist, you don’t get one degree and then just stay a dentist forever—you have to go to continuing ed. You have to continue to learn about your trade, and you have to stay up to date with the latest thinking on things. There’s nothing like that in life coaching; you’ll never get sued for malpractice or lose your license. And you can be teaching some really damaging techniques to people.”—Journalist Jane Marie, host of the podcast The Dream

Making a living off telling people how to live has been scammers’ delight for centuries. Napoleon Hill, for one, wrote Think and Grow Rich in the thick of the Depression. But is it all snake oil? Quartz’s Gabriela Riccardi sat down with Jane Marie to talk about the bad actors of life coaching and what she found when she dove deep into the industry: It kind of worked.


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Surprising discoveries

Earth’s eighth hidden continent has been mapped. It’s almost completely underwater, but Zealandia has nearly 2 million square miles of landmass (for comparison, Australia has 2.9 million).

A fire-safe fuel was made. It’s a form of liquefied salt, and only ignites when it comes into contact with electric current. 

Microplastics were found in clouds. Plastic rainfall” could be contaminating just about everything we eat and drink.

A new species of electric blue tarantula was discovered in Thailand. Blue is one of the rarest colors in nature, and this spider’s hue comes from how light reflects off its hairs.

An Airbnb in the Scottish Highlands is an exact replica of Shrek’s home. Get in me swamp!


Our best wishes for a productive day. Send any news, comments, tickets to Zealandia, and waffles made by Donkey to [email protected]. Reader support makes Quartz available to all—become a member. Today’s Daily Brief was brought to you by Morgan Haefner and Julia Malleck.

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