Tuesday morning news drop
How Putin became the victim of his own lies Vladimir Putin and the dangers of yes-men. (Vox)
The Kremlin and QAnon Are Spinning the Same Dangerous Lies Americans have amplified the Kremlin’s ‘biolab’ conspiracy theory in the internet’s echo chambers. (Bloomberg)
How Russia and Right-Wing Americans Converged on War in Ukraine Some conservatives have echoed the Kremlin’s misleading claims about the war and vice versa, giving each other’s assertions a sheen of credibility. (New York Times)
No Longer in Russia: More than 400 companies have withdrawn, at least temporarily, from Russia since it invaded Ukraine. Some have been there since the fall of communism — symbols of the enduring power of Western culture and commerce. (New York Times)
Biotech Blues: Their Stocks Tank as Newly Public Firms Find Trouble Biotech has long been a boom-and-bust stock sector, and lately is in bust mode. The SPDR S&P Biotech exchange-traded fund is down 18% this year, three times worse than the S&P 500’s skid. This follows another down year for the biotech ETF, which lost 20% in 2021. (CIO)
Bitcoin’s Lockstep March With Stocks Raises Thorny Questions About Its Usefulness: The cryptocurrency hasn’t worked as the “digital gold” it was touted to be. Should institutional investors even bother with it? (Institutional Investor)
Car dealers are charging buyers more because that’s capitalism, baby Car dealers are charging way over sticker price — and consumers are paying. (Vox)
Coach John Herdman continues to change the face of football in Canada John Herdman may have been the only one to believe getting to Qatar 2022 was viable when he held his first camp in Murcia, Spain, in March 2018. (Prince George Citizen)
How LA Lakers Mismanaged Their Way from Champs to Chumps Los Angeles Lakers guard Russell Westbrook may be the face of one of the most disappointing seasons in franchise history, but he's really a symptom of a larger issue. (Bleacher Report)
Shaken by Spiking Commodities, Trading Houses Adapt to Survive Commodity traders face unstable markets and a credit crunch and the Ukraine war stretches balance sheets by raising trading costs (Bloomberg)
