⏱Bad decisions involving liquor
Expensive railroads, and lots of cheating
Good morning everyone, and welcome to a better than usual Monday— we still have basketball!
0:05- A little more valuable than Monopoly railroads
Yesterday Canadian Pacific Railway agreed to purchase Kansas City Southern for more than $25Bn in a deal that will create the first ever freight railroad connecting Canada, the US, and Mexico. Although this deal will still have to be vetted by various legislative bodies, it has the unique potential to heavily reduce the amount of trucks on the road as the US-Mexico-Canada trade agreement (which replaced NAFTA) will allow unfettered access to the entire continent for the newly combined company.
0:26- TikTok puts NCAA on the clock
Recent social media posts on IG, Twitter, and yes, even TikTok drew attention to the disparity between the men’s and women’s weight rooms and food within their respective NCAA tournament bubbles. The pressure rose even further when NBA stars such as Steph Curry and Kyrie Irving reposted the images asking the NCAA to make a change, and as the issue went increasingly viral, the NCAA finally did make the necessary changes, with NCAA President Mark Emmert, saying, “I want to be really clear. This is not something that should have happened, and should we ever conduct a tournament like this again, will ever happen again.”
0:52- Trade wars over liquor
Last year the Trump administration began placing tariffs on imported scotch and other liquors, so as a retaliatory measure, the EU responded in kind. However, even though the Biden administration has walked back those restrictions, the EU tariff is actually set to double to 50% in June. This could be prevented through negotiations, but if no compromise is made, Lawson Whiting, CEO of Brown-Forman, the largest US whiskey maker, says the increase could be “truly disastrous.”
1:12- Just Chegg-ing my answers
Online school has plenty of challenges, but one has plagued teachers and administrators more than the others: cheating. A recent study from the Imperial College London found that questions posted on Chegg, an online “tutoring” website, had increased by 196% YoY since online learning began. Texas A&M for example, has found more than 800 counts of academic dishonesty since the semester started in January.
Have a great rest of your day, and we’ll see you tomorrow bright and early!
-The 90 Second News Team
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