News : Daily Skimm: It's money time, baby

Wednesday, February 9, 2022

Daily Skimm: It's money time, baby

February 9, 2022

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Daily Skimm

Skimm'd with an A+ investing team in our pocket

Quote of the Day

"Für Elise" — Beethoven's melody that plays in the streets of Taiwan to let residents know it's trash collection time. Better than 'clean up, clean up, everybody do you share.'

Vermont

The Story

Vermont could be the first state to guarantee abortion rights.

Go on.

Yesterday, the legislature voted to add an amendment to the state constitution protecting reproductive rights. The proposal has been in the works since 2019. Next up: the public will vote on it in November. (Psst: more here to check on your voter status before midterms.)

How likely is it that it will pass?

Likely. An estimated 70% of adults in Vermont say abortion should be legal in all or most cases.

What are people saying?

Supporters say 'it's about time.' As one state legislator reportedly put it, states can "no longer rely" on federal courts to protect abortion. Republicans are calling the amendment "extreme." Others say the language leaves too much room for interpretation — especially since the word "abortion" isn't mentioned anywhere.

Are other states doing anything?

Last month, New Jersey joined 14 other states and DC by adding laws that protect abortion rights — including by codifying protections into state law.

That leaves dozens of other states.

Yup. At least 21 are tapping their feet, waiting for SCOTUS to overturn Roe v Wade as soon as this year. If that happens, they've got laws set up to ban or restrict abortion access, immediately.

Any updates on the SCOTUS front?

Not yet. A ruling on Mississippi's heartbeat bill is expected by June — which could overturn Roe v Wade. Texas's law remains in effect while it's still caught up in the courts. Here's where the legal battles stand.

theSkimm

Thousands in the US get abortions each year. If SCOTUS overturns Roe v Wade, states will play a deciding role in whether they continue to have access. Now, Vermont is saying 'we want that access enshrined.'

Skimm More: Here's what overturning Roe v Wade could mean for your health.

And Also...This

Who's cycling away from Peloton...

Its CEO. Yesterday, John Foley announced he's unclipping from the company — but will stay on as exec chairman. Foley also said Peloton is cutting 2,800 jobs...aka 20% of its workforce. In 2020, instructors became household names as some Americans reworked their homes into an office, gym, and everything in between. But as real gyms made a comeback, Peloton sales struggled to beat their PR. A treadmill recall didn't help. Now, the reorg comes amid unconfirmed reports that large companies (Amazon, Nike, Google) could be trying to buy Peloton. And weeks after reports that Peloton insiders sold stocks ahead of its market drop. Next up: fired employees get 12 months of Peloton membership. The message to Foley: don't let the high fives hit you on the way out.

Where there's been a traffic jam…

Canada. Yesterday, truckers protesting the country's COVID-19 restrictions blocked one of the busiest land crossings between the US and Canada. For nearly two weeks, truckers and supporters have protested against vaccine mandates and other pandemic restrictions as part of the "Freedom Convoy." Some have waved Confederate and Nazi flags. Now, they've blocked a bridge that accounts for about 27% of trade between the US and Canada — and one that serves as a supply chain for two countries' auto industries. It comes as some down under (read: Australia, New Zealand) are taking cues.

Who (sort of) asked for forgiveness…

Pope Benedict XVI. Yesterday, the retired pope asked to be pardoned for how he handled clergy sex abuse cases...without admitting wrongdoing. The Catholic Church has a long history of covering up sex abuse cases by clergy members. Last month, an investigation found that he'd mishandled allegations of sex abuse involving priests. That includes during a 1980 meeting Benedict attended discussing a priest accused of abusing boys. Now, the former pope is apologizing for "errors" that occurred "during the time" of his mandate. But lawyers reportedly denied that he was "involved in any cover-up."

What's longer than TikTok...

Movies. Yesterday, the Academy released its Oscar nominations. "The Power of the Dog" and "Dune" racked up the most noms (shoutout Rue). Denzel Washington broke records as the most nominated Black actor in history. Kristen Stewart and Beyoncé have their first Academy Award nominations. And we don't talk (enough) about Lin-Manuel Miranda after "Encanto." Oh, and the Meryl Streep of directing (that's you, Steven Spielberg) is breaking records.

Skimm More: We Skimm'd how calls for diversity and inclusion in Hollywood forced awards show organizers to make changes.

What's got people talking at the Olympics...

Eileen Gu. And ski jumpsuits.

Our Fave Last-Minute V-Day Gifts

Design: theSkimm | Photos: Bala, Modern Mixology, Chemex

Roses are red, violets are blue. We found the best buzzer-beater gifts so you don't have to. ICYMI: You've got less than a week for your orders to arrive. So check out our guide for items that'll ship fast. Then take a peek at the rest of our Valentine's Day gift ideas. We've got recs for practical presents, items to upgrade your sex life, gifts for your galentines, and more. Love ya.

Skimm Well

Baby, it's cold outside. And your skin might be crying out for some moisture. So here's your reminder that a life with dry, crackly skin is not the one you were meant to live. We asked an expert to break down what skincare products to put on our face and when (meaning time of day and year). Hint: less is more. Now glow get 'em.

Skimm Picks

Here are today's recs to help you live a smarter life…

1. A super lightweight bra you'll wanna wear every. single. day. From the brand that invented leisurée (hint: athleisure plus lingerie). Their best-selling bra-bralette hybrid provides lift, structure, and support. Plus next-level comfort. Here's 15% off your first purchase.*

2. Hydrating, high shine gloss that gets lips glowing. And makes 'em look fuller too. Maybelline New York's Lifter Gloss was already a must-have. Now, it comes in new bronze shades that can take your look to a new level. Pro tip: Get all five.*

3. A sex toy that isn't like a regular vibrator. That's right. It's a cool vibrator. Dame's Aer uses special tech to mimic the flutter of a tongue. And create air pulses in juuust the right spot. Need another reason to add to cart? Here's 15% off.*

4. How to get wholesome groceries delivered to your door. Primal Kitchen's delicious pantry staples are made with real ingredients. And without dairy, gluten, grain, refined sugar, or soy. Psst…when Skimm'rs get 'em from this online market, they get an extra 40% off their first purchase.*

5. The leggings that will make you give up pants for good. We're not kidding. This brand's high-rise, moisture-wicking leggings are made with the softest suede-like materials. Aaand they've got a hidden pocket. Plus, Skimm'rs get 20% off.*

*PS: This is a sponsored post.

Skimm'rs

We like to celebrate the wins, big and small. Let us know how your friends, neighbors, coworkers (and yes, even you) are making career moves, checking off goals, or making an impact in the community.

Nothing can stop…Julia D (MA). She suffered two injuries and went through a period of healing — learning to walk again, dress herself, and become independent. She also switched up her career and landed a new job. All while training for her second triathlon.

Doing good…Bridgette B (CA). She's launched a social impact consultancy practice working with businesses, nonprofits, and UN agencies to maximize their impact.

(Some) Birthdays…Michelle Moser (NY), Caryn Riley (MN), Cheyanne Beck (MI), Jessica Hall (TX), Melanie Wyman (TX), Rachel Hughes (IN), Clare Carr (MO), Tyler Pao (CA), Aliza Selter (NY), Alexandra O'Brien (VA), Elise Kim (NY), Thom Moore (OK), Liesel Reussner (KS), Andrea Kalahiki (HI), Liesel Reussner (VA)

*Paging all members of theSkimm. Reach out here for a chance to be featured.

Skimm More

A global pandemic? Yeah, we're familiar. HBO Max's new miniseries "Station Eleven" explores life after a deadly flu pandemic and the collapse of civilization. Watch actor Mackenzie Davis share her fave part of the miniseries, the funniest actor on set, and the cool skill she learned for her role. Watch now.

And if you're looking for other smart ways to spend your time...

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