The weekend is here! Pour yourself a mug of Volcanica coffee, grab a seat on the beach and get ready for our weekend long reading:
• SEC Enriches Fraudsters, Shrouds of Privacy Tips as Lawyers Program: SEC whistleblower decisions are inconsistent, shrouded in secrecy, often go to clients of former agency officials/program increasingly busy but occasionally draws ire of federal courts (Bloomberg Law)
• How colors affect your thinking Our world is full of rainbows, but certain shades can have surprising effects on our ability to concentrate, our mood, and even the tastes we experience. (BBC) see more Unpicking the link between smell and memory: The ability of scent to bring back highly specific memories is becoming better understood, and can be used to stimulate and heal our brains (Nature).
• Is selling shares in itself the way of the future? Two tech-minded brothers are testing the market themselves (New Yorker)
• fraud: VW solved this problem by cheating. Rather than incur the added cost and inconvenience of reducing NOx emissions – which was possible, but so expensive it would break the cars’ business model – the company resorted to what the industry calls ‘defeat devices’. It’s surprisingly easy to tell when a car has been subjected to laboratory-based emissions testing, as engines on a test track run with a regularity never seen in real-world use. It’s ‘trivial’, as engineers say, to detect software. A defeat device then enters: a gadget, sometimes physical and sometimes software-based, that overrides the engine’s normal operation and switches it to a cleaner, lower-emissions mode for the duration of the test. (London Review of Books)
• Why Americans Hate the Media: Why has the media organization become so unpopular? Perhaps the public has good reason to think that media self-aggrandizement gets in the way of solving the country’s real problems (The Atlantic).
• Resurgence of the Tesla Syndrome Why has disruption been promoted as a virtue where it has become orthodox from heterodox? This is a sign of erosion of trust in the institution. (NOEMA)
• How a near-death experience can change the way you live Near-death experiences can occur when someone is experiencing a life-threatening situation such as cardiac arrest or being under deep anesthesia. Some people have reported the feeling of leaving their body and observing their surroundings. For Schiffer, his journey began with what looked like an airplane fuselage. (NPR)
• These vaccines will target covid-19 and its entire SARS lineage Scientists are developing vaccines targeting the family of viruses that give rise to Covid-19. Their efforts may thwart future variants, or even new related viruses. (of wire)
• Could America’s highways, dividing communities along racial lines, finally fall apart? The freeway removal movement is being fueled by $1 billion in federal funding. Will it be enough to reverse decades of damage? (parent)
• “I Believe in America”: Fifty Years of ‘The Godfather’ In the end, Coppola got the cast he wanted, including Brando, Pacino, Robert Duvall, James Caan and Diane Keaton, but he soon faced many new problems on set. The script is not finished. Pacino sprained his ankle early in the shoot. And Coppola constantly battled with cinematographer Gordon Willis, whose laborious, classical approach to composition clashed with Coppola’s improvisational nature and love of arty angles. (Quillet)
Be sure to check out our Masters in Business interview next weekend with Hannah Elliott covering all things automotive for Bloomberg. We discuss today’s wild car market, motorcycles going electric, LA car culture, vehicles competing with Tesla, all his favorite hypercars, and why you should take the $10,000 Ferrari track course.
Why is the car so expensive now?
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To know how these readings stack up each day, see this.