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Newsweek - December 16, 2022 USA
Newsweek - December 16, 2022 USA
12.16.2022
D E c E M b E R 1 6 , 2 0 2 2 _ VO L . 1 7 9 _ N O. 2 1
FEATURES
18
California
Dreaming
The state’s plan to phase out
sales of new gas guzzlers
by 2035 in favor of electric
cars is bold, visionary,
important—and highly risky.
by DAVID H. FREEDMAN
28
America’s Most
Responsible
Companies 2023
Newsweek and global data
firm Statista find the big
U.S. corporations that treat
their customers, employees
and environment right.
D E PA RT M E N T S
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In Focus
THE NEWS IN PICTURES
6 NE WSWEEK .COM
D O H A , QATA R
Knock Out
Supporters of the U.S. Men’s National Team dejectedly mourn
after their players are knocked out of the FIFA World Cup on
December 3 by the Netherlands at the Khalifa International
Stadium. The round of 16 match ended 3-1, with the U.S. squad’s
goal coming in the 76th minute thanks to Haji Wright. A lack of
experience and finishing might have been the U.S.’ downfall this
year, but with the second-youngest team in the competition,
hope abounds for them at the 2026 World Cup in North America.
GE T T Y
▸ MOHAMMAD KARAMALI
8
GE T T Y (2); AFP/GE T T Y
NE WSWEEK .COM
9
Periscope
N E W S , O P I N I O N + A N A LY S I S
RELIGION
A Crisis of Faith
In the wake of the Club Q killings, the Mormon Church
confronts its record on LGBTQ rights
When a 22-year-old man opened fire in a “We have to face it. Anti-LGBTQ rhetoric from the
Colorado Springs nightclub during a drag church influences members.”
performance on November 19, leaving five people The church has condemned the shooting and
dead, he put new light on a long-simmering debate called the public reflex to condemn an entire
within the Mormon Church about its stance on religion based on the shooter’s actions problem-
gay, lesbian and transgender people. The alleged atic. But LGBTQ advocates were quick to highlight
shooter Anderson Lee Aldrich was brought up in their own experiences within the church as well as
the Church of Jesus Christ of Latter-day Saints. Mormon leaders’ reluctance to take tangible action
In the days following the shootings, Aldrich’s to address the barriers they’ve built between the
father, a former adult film star and mixed mar- LGBTQ community and their faith. The church
tial arts fighter with a history of substance abuse, declined a Newsweek request for further comment.
appeared in a television news interview admitting While members of the LGBTQ community are
that he condoned his son’s violent behavior as a permitted to remain a part of the Mormon com-
child while alluding to the values of their Mormon munity, the LDS church does not allow same-sex
heritage, saying “You know Mormons don’t do gay. couples to marry or maintain a physical relation-
We don’t do gay.” ship nor are they permitted to receive church
“We don’t get to pick and choose,” Rose- ordinances, among them baptism, con-
mary Card, a Mormon influencer and firmation and joining the priesthood.
author of the 2018 book Model Mormon: by Speaking at Brigham Young Univer-
Fighting for Self-Worth on the Runway and sity in 2021, former BYU president Jef-
NICK
as an Independent Woman (Cedar Fort REYNOLDS
frey Holland, referred to the need for a
Publishing) tweeted after the shooting. “little more musket fire” in defense of the
church’s view that marriage is “the FALLOUT Clockwise from top left:
union of a man and a woman,” draw- Memorials at the club where five
people where killed; a rainbow flag at
ing widespread criticism from both
Colorado Springs city hall in honor of
Mormons and non-Mormons. the victims; and former Brigham Young
Prior to that, BYU’s strict “honor University president Jeffrey Holland.
code” had inspired protests at the
Mormon-dominated university by
students who considered it a stain on with feel accepting that their child
an otherwise great institution. for who they are is almost contra-
While many in the faith agree it is dictory to the moral and religious
not fair to malign an entire religion lessons they had been taught their
for one man’s actions, they also agree entire lives. “There has to be some
it can’t avoid its own complicity in type of navigation of your faith to
perpetuating a culture that funda- make that happen,” she says. “And
mentally believes the LGTBQ commu- I think that’s where the whole sys-
nity’s existence is incompatible with tem kind of breaks down. If you ask
the teachings of its God. a mother to be like, ‘OK, here’s my
Though recent polling in the LDS- child I’ve known my entire life to be
owned Deseret News earlier this year the exact person that they are,’ and
showed that nearly three-quarters they tell you something about them-
of Utahns support marriage equal- selves that is different than what you
ity, the church itself does not and knew before...they feel like they have
has declined to alter its teachings to to then choose between their child
adapt to shifting attitudes toward the and their entire culture.”
LGBTQ community. Some LGBTQ advocates, however,
Throughout its history, queer Mor- say the church actually has recog-
mons within the church have found nized the need to evolve, drawing
themselves faced with the impossible from its own history of being per-
bargain of compromising their reli- secuted the importance of being
gious community for their sense of accepting and kind. respecting the law and preserving
self, leaving some with a conflicted On November 15, the LDS issued the rights of our LGBTQ brothers
sense of their religion. a statement saying it was “grateful and sisters.” The proposed law would
One of those individuals is for the continuing efforts of those strengthen protections for same-sex
Celeste Carolin, executive director who work to ensure the Respect for marriage in federal law. Though not
of the Mormon LGBTQ advocacy Marriage Act includes appropriate an endorsement of gay marriage, the
group Mama Dragons. Carolin, who religious freedom protections while church’s move was seen as a step for-
was raised within the church and ward for the conservative institution.
attended BYU in the late 2000s, tells Troy Williams, executive director
Newsweek she regularly deals with of Equality Utah, an LGBTQ advocacy
families who feel torn between their organization, says the church was a
Mormon faith and their desire to “People of faith need powerful driver in motivating state
advocate for their children, leaving to be particularly officials to support same-sex mar-
them in a position where they feel aware of the need for riage protections, a significant depar-
they have no choice but to leave their humility, of the need ture from a 2015 policy threatening
faith community.
for grace and not to same-sex partners with excommuni-
Williams says the church has about in her state following the kill- of the need for humility, of the need
made a good faith effort to bridge ing of Matthew Shepard, a gay Uni- for grace and not to just shut down
the divides between communities versity of Wyoming student whose and be defensive.”
and advocate for progress out of a 1998 killing prompted the passage of “That’s the only path forward,” she
recognition that failing to denounce national hate crimes legislation. adds. “That’s the only way we get
hatred will only lead to more. “We “I just think of how Wyoming was out of this cycle.”
have to be able to acknowledge immediately defensive, that ‘This is The question now is whether the
progress, even when it’s not per- not who we are, that these murder- LDS Church is ready to take that step,
fect,” he says. “We’re going to have ers are not us, that they came from particularly as its core tenets have
to transcend the extreme political nowhere,’ because it was so shameful come under renewed scrutiny.
polarization and have to find a way to be misunderstood that way instead “I think that these little movements
to coexist. We have forgotten plural- of doing the hard work that would give people a lot of hope,” says Mama
ism is a foundation of our nation offer healing,” she says “We needed to Dragon’s Carolin. “But I don’t think
and we have got to figure out how be asking how these men went to our that they’re thinking about the end
we can live together despite our dif- schools, worshipped in our churches, goal, what we’re asking of the LDS
ferences. If we don’t, more violence ate at our dinner tables and not hear church. It’s all in that doctrine.”
will continue to erupt.” a message that said, ‘You can’t kill gay
Sara Burlingame, an LGBTQ advo- people.’ That’s the question.” ▸ Nick Reynolds is a senior
cate in neighboring Wyoming, recalls “And in asking that question, people politics reporter at newsweek.
the lack of a reckoning that came of faith need to be particularly aware Twitter @IAmNickReynolds
NE WSWEEK .COM 13
Periscope
patients, as well as
Frontiers in Pain Research said that cancer-related pain.”
“the adverse effects from cannabi-
noids for cancer treatment are gen- management of nausea ▸ Jess Thomson is a newsweek sci-
erally well tolerated by the patients and nerve damage.” ence reporter. Twitter @thomsonjessic
NE WSWEEK .COM 15
N E WS M A K E R S
Talking Points
“I FINALLY GOT
“IT’S BACK HOME TO
MY DUTY.” RIGHT THIS WRONG.”
—Dwayne Johnson on
to accidentally
heard at Tiananmen
Square in 1989
dine with a
vile racist and
anti-Semite
“See you on you don’t
DWAYNE JOHNSON
STEVIE NICKS
BEN SHAPIRO
16 NE WSWEEK .COM
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18
18 NE WSWEEK .COM Ar twork by SERGII IAREMENKO
THE PRIZE
California’s new rules
on electric vehicles
could breathe new life
into global efforts to
avoid the worst effects
of climate change.
o state is more car-crazy than people. The U.S. electric grid needed to power them
California—and they’ve paid a big all is unreliable and still derives much of its energy
price for it, not just in $6-per-gal- from burning fossil fuels. Charging stations are few
lon gas. The heat waves, droughts and far between. Supply-chain and manufacturing
and calamitous wildfires that have issues have led to wait lists. And although EVs are
ravaged the state in recent years popular in California—they constitute 15 percent
are by-products of climate change, of sales versus 3 percent for the U.S.—it’s unclear
to which greenhouse-gas emissions from Califor- how many more enthusiasts the state has left.
nia tailpipes (and elsewhere) have contributed. The timetable is ambitious, even for California.
To Governor Gavin Newsom and other state po- It goes well beyond the state’s past clean-air efforts
litical leaders, the fix is clear: Regulate the tailpipe in scope and exceeds the Biden administration’s
out of existence. In August, in a continuation of its goal to increase manufacturing of EVs to 50 per-
half-century-plus tradition of setting the nation’s cent by 2030. The price tag will be staggering: tens
auto emissions standards, California ruled that by of billions of dollars in state spending on EV subsi-
CLEARING THE AIR
2035 all new cars and trucks sold in the state must dies and improvements to the electric grid and EV-
Shifting to all-electric
be fossil-fuel-free. Instead, electric vehicles, or EVs, vehicles would in
charging infrastructure will be needed, experts say.
will become the law of the land. theory eliminate about Californians are in no mood to write the state a
Shifting the world to zero-emissions all-electric one-fifth of all carbon- blank check. In November, they voted down a new
vehicles would in theory eliminate about one-fifth dioxide emissions. tax measure that would have supported EVs, and
Top to bottom: San
of all carbon-dioxide emissions, the chief green- since then the state has projected a $25 billion defi-
Francisco; Governor
house gas behind climate change. But making the Gavin Newsom; high
cit for next year. The U.S. is also facing prospects of
transition quickly is a tall order and creates new gas prices at the a recession. Given Newsom’s apparent presidential
problems. EVs are currently too expensive for most California pumps. ambitions, it’s questionable whether he’ll be willing
to push voters to accept tax hikes to cover the pro- rules have the potential to set the U.S., one of the
gram’s costs. (Newsom’s office declined repeated world’s largest emitters of greenhouse gasses, on
requests to make the governor or any other official a path to significant reductions, breathing new
available for an interview.) If gas becomes cheap life into global efforts to avoid the worst effects
again, as some experts predict, the political will of climate change. Big Auto is on board and so
for big EV investments could weaken or evaporate. is New York Governor Kathy Hochul, who an-
“2035 may seem like a long way off, but trying nounced in September that her state will follow
to get to 100 percent of sales by then is going to California’s lead.
be tricky,” says Jessica Caldwell, executive director After the recent COP 27 United Nations climate
of insights at car-guide publisher Edmunds. “We’re conference in Egypt, where nations failed yet again-
talking about depending on products and infra- to reach an agreement to phase out fossil fuels, any-
structure that don’t exist yet, and it all has to be one hoping that the world can get a grip on climate
built in parallel.” has to be rooting for California’s bold measures to
The stakes couldn’t get much bigger. Since Cal- succeed. But it’s going to take much more than
ifornia leads the U.S. in auto regulations, its new cheering to get the initiative across the finish line.
NE WSWEEK .COM 21
EVs, they’ll feel better about buying one,” he ex-
plains. With gas prices near historic highs, and
more public charging stations popping up on “EVS AREN’T GOING TO WORK FOR EVERYONE.
streets and in parking lots, the temptation to go CALIFORNIA IS VAST, AND MOSTLY RURAL
electric is only likely to grow in the near term. AND SPREAD OUT, WHERE PEOPLE
Still, a big fraction of the people in California MAY HAVE TO DRIVE HUNDREDS OF MILES,
who are willing to jump into EVs may have already SOME OF IT IN MOUNTAIN RANGES.
done so. Getting the rest of them on board runs
into some tricky economics. Setting up a home
charging cable can be a complex and costly chore
and may not be possible for those who park in the
street or in a lot. Charging challenges are worse
with trucks, which require more power and out-
number cars in the state. “EVs aren’t going to work
for everyone,” says Edmunds’ Caldwell. “California
is vast and mostly rural and spread out, where peo-
ple may have to drive hundreds of miles, some of it
in mountain ranges. They may not be able to get the
charging they need to make it round-trip.”
At the moment, the cost of EVs is a big sticking
COU NTE RCLOCK WI SE FROM TOP LEF T: DAVID ODI SHO/BLOOMBE RG/GE T T Y; JUSTIN L AMBERT/GE T T Y; COURTE SY OF DAVID R AP SON
22 NE WSWEEK .COM
TECHNOLOGY
NE WSWEEK .COM 23
TECHNOLOGY
NE WSWEEK .COM 25
political tensions. Biden’s infrastructure plan
pumps more than $3 billion into expanding U.S.
battery manufacturing capacity, but a global short-
age of lithium and other exotic metals required for
EV batteries threatens to leave manufacturers with
FROM TOP: JA MIE K ELT ER DAVI S /BLOOMBERG/GE T T Y; G A STON BRITO MI SEROCCHI/GE T T Y; DOUG MILL S / THE NE W YO RK TI ME S /B LO O MB ERG/GE T T Y
only a tenth as much as they need to meet Biden’s
goals of 50 percent EV sales by 2030 for the U.S.,
never mind California’s more ambitious target of
68 percent EVs by that year. A shortage of semi-
conductor chips—the average EV needs 2,000 of
them—is expected to last at least another two years.
Car companies will also have to retool their work-
force in the midst of a labor shortage around the
country. Engineers who can design EVs may be a
particularly rare commodity.
GM has already locked in agreements for the
battery materials and other needed supplies
for producing a million EVs a year by the end of
2025, Winter says. That might be just enough to
meet California’s goals, if all the cars were shipped
there. Shortages will continue to threaten EV pro-
duction and affordability over the coming decade,
making it difficult to keep existing agreements in
place, Rapson of the University of California Davis
collect electrical power from the grid during the Gas-Powered Politics
day, store it away and feed it back at night, while It’s far from a sure thIng that the Investments
most EVs are charging. California needs to make will happen. Newsom, the
EVs can also be equipped with advanced smart- Air Resources Board and the Democratic-dominat-
charging features that communicate with the grid ed legislature have so far mostly been on the same
to draw power for charging only when it’s most page in committing to the big push to EVs. But the
available, and even to push energy back into the failure of Proposition 30 is a reminder that vot-
grid when it’s needed somewhere else. “Most EVs ers aren’t ready to give politicians and regulators
can’t do that today, but over the next 20 years we’ll unlimited funds to realize their EV goals—and
see EV batteries being integrated into the grid in that even climate-change leaders like Newsom are
helpful ways,” says Reichmuth. prone to bow to political expediency. The state’s
Still, EVs call for massive investments in track record in meeting its own environmental
THE TECH FIX
the grid that go well beyond the $5 billion that goals is uneven; a report put together by the state
Top to bottom: A
Southern California Edison has already pledged Rivian R1T electric
last year found that it has fallen behind existing
to spend—a Boston Consulting Group study sug- truck is assembled in emissions-reductions goals.
gests the cost will be in the tens of billions of dol- Illinois; raw materials Meanwhile, there’s one more threat hanging
lars. “Making enough electricity and getting it to for batteries are mined over the future of California’s audacious goals for
in Bolivia; President
the right places is going to be very expensive,” says EVs: cheap gas. While mitigating climate change is
Biden ordered a review
Rapson. “Even if California customers care deeply of supply chains for
the chief motivation behind the EV push, rising gas
about climate change, I don’t know if they’re go- semiconductor chips prices have put a wind at policymakers’ backs. That
ing to put up with the grid costs and unreliability.” and other goods in 2021. wind would shift if gas prices drop, conceivably
making gas guzzlers cheaper to buy and cheaper
to refuel. “Cheap and abundant energy is central
to our lives and economy,” says Rapson. “Any pol-
icy that increases energy costs is going to put the
tradeoffs of that policy into stark relief.”
The lure of cheap gas would be especially potent
in California, where electricity costs are among the
highest in the nation—nearly twice the U.S average.
That’s thanks to fees and taxes tacked on to finance
maintenance and improvements to the grid and to
deal with fires and other weather-related disasters.
Though gas prices have come down from historic
highs last spring, they are still at an oppressive $85
or so a barrel, making even California electricity
feel like a pretty good deal. But that could easily
change with growing EV sales. “If the use of oil de-
creased, the price would likely fall to $30 a barrel
or less,” says Borenstein. “It would be hard for elec-
tricity to compete with that.”
With cheap gas, contends Borenstein, the only
way to keep voters on board with an EVs-for-ev-
eryone policy would be to find a way to bring EV
costs sharply lower than they’re expected to be in
coming years.
“If you want EVs to remain a nice niche business,
just keep beating $4-a-gallon gas,” he says. “If you
want to change the world, you need to beat $1-a-gal-
lon gas.” That’s going to be a steep road to climb.
NE WSWEEK .COM 27
GE T T Y
actually serious about trying to be good guys,
- Newsweek has partnered with global research
and data firm Statista for our fourth annual
- list of America’s Most Responsible Compa-
- nies. This year our list includes 500 of the
U.S.’s largest public corporations. They vary
dramatically by size and by industry. We
found the largest number of responsible
companies (55) in the materials and chemi-
cals business; the fewest (12) in hotels, dining
- and leisure. Our overall number one this year
is the computer hardware giant HP, for the
fourth year in a row. We are proud to present
- this year’s ranking and to honor companies
that actually mean it when they say they are
serious about being good corporate citizens.
▸ Nancy Cooper, Global Editor in Chief
2023
NE WSWEEK .COM 29
METHODOLOGY
reflection of official ESG data from 2020 or 18 86.6 Estée Lauder Companies
CONSUMER GOODS 40 84.2 Mastercard
2021. Events following November 3, 2022,
FINANCIAL
were not a subject of this analysis. As such,
19 86.6 Cisco Systems
the results of this ranking should not be TECHNOLOGY HARDWARE 41 84.1 Comerica
used as the sole source of information for FINANCIAL
future deliberations. The information pro- 20 86.5 Advanced
vided in this ranking should be considered Micro Devices 42 84.0 Trinseo
TECHNOLOGY HARDWARE MATERIALS & CHEMICALS
in conjunction with other available infor-
mation. Some scores appear tied which is
21 86.3 Broadcom 43 83.7 United Rentals
a result of rounded decimals. The quality TECHNOLOGY HARDWARE PROFESSIONAL SERVICES
of companies not included in the ranking
Avient Iron Mountain
GE T T Y
71 81.9 AGCO
AUTOMOTIVE & COMPONENTS
76 81.5 Armstrong
World Industries
CAPITAL GOODS
77 81.4 Ribbon
SOFTWARE & TELECOMMUNICATIONS
▸VIEW T H E L I S T O N L I N E AT Newsweek.com/amrc-2023
89 80.7 Ball Corp 111 79.6 Colgate-Palmolive 124 78.9 IBM
MATERIALS & CHEMICALS CONSUMER GOODS SOFTWARE & TELECOMMUNICATIONS
90 80.7 EXL Services 112 79.5 CenterPoint Energy 125 78.9 Howmet Aerospace
PROFESSIONAL SERVICES ENERGY & UTILITIES CAPITAL GOODS
91 80.5 Healthpeak Properties 113 79.5 CBRE Group 126 78.8 Deckers Outdoor
REAL ESTATE & HOUSING REAL ESTATE & HOUSING CONSUMER GOODS
92 80.5 Sherwin-Williams 114 79.5 PPG Industries 127 78.8 California Water
MATERIALS & CHEMICALS MATERIALS & CHEMICALS Service Group
ENERGY & UTILITIES
93 80.5 Univar Solutions 115 79.5 Becton Dickinson
MATERIALS & CHEMICALS HEALTH CARE & LIFE SCIENCES 128 78.7 Regal Rexnord
CAPITAL GOODS
94 80.4 American Water 116 79.4 Carter’s
ENERGY & UTILITIES CONSUMER GOODS 129 78.7 Nasdaq
FINANCIAL
95 80.4 Hasbro 117 79.4 Verizon Communications
CONSUMER GOODS SOFTWARE & TELECOMMUNICATIONS 130 78.6 Micron Technology
TECHNOLOGY HARDWARE
96 80.2 Apple 118 79.2 Ubiquiti
TECHNOLOGY HARDWARE SOFTWARE & TELECOMMUNICATIONS 131 78.6 Zurn Elkay
Water Solutions
97 80.2 Target 119 79.1 BorgWarner CAPITAL GOODS
RETAIL AUTOMOTIVE & COMPONENTS
132 78.5 Thermo Fisher Scientific
98 80.0 Newell Brands 120 79.1 PotlatchDeltic HEALTH CARE & LIFE SCIENCES
CONSUMER GOODS CAPITAL GOODS
133 78.5 CommScope
99 80.0 Deere 121 79.0 M&T Bank Holding Company
CAPITAL GOODS FINANCIAL TECHNOLOGY HARDWARE
100 79.9 ManpowerGroup 122 79.0 W. W. Grainger 134 78.5 Kraft Heinz
PROFESSIONAL SERVICES CAPITAL GOODS CONSUMER GOODS
101 79.9 Agilent Technologies 123 78.9 Autodesk 135 78.4 FMC
HEALTH CARE & LIFE SCIENCES SOFTWARE & TELECOMMUNICATIONS MATERIALS & CHEMICALS
Hess
GE T T Y
110 79.6
ENERGY & UTILITIES
137 78.3 CSX 159 77.7 ServiceNow 180 76.8 United Therapeutics
TRANSPORT & LOGISTICS SOFTWARE & TELECOMMUNICATIONS HEALTH CARE & LIFE SCIENCES
138 78.3 Celanese 160 77.7 Commercial Metals 181 76.8 Pfizer
MATERIALS & CHEMICALS Company HEALTH CARE & LIFE SCIENCES
MATERIALS & CHEMICALS
139 78.2 AZZ 182 76.7 Masco
CAPITAL GOODS 161 77.6 Conagra Brands CAPITAL GOODS
CONSUMER GOODS
140 78.2 IDEXX Laboratories 183 76.7 Kimco Realty
HEALTH CARE & LIFE SCIENCES 162 77.6 Waters REAL ESTATE & HOUSING
HEALTH CARE & LIFE SCIENCES
141 78.2 Gap 184 76.6 Qurate Retail Group
RETAIL 163 77.6 JPMorgan Chase & Co. RETAIL
FINANCIAL
142 78.2 Williams Companies 185 76.5 Otis
ENERGY & UTILITIES 164 77.6 AbbVie CAPITAL GOODS
HEALTH CARE & LIFE SCIENCES
143 78.1 Emerson Electric 186 76.4 Organon & Co.
CAPITAL GOODS 165 77.5 MetLife HEALTH CARE & LIFE SCIENCES
FINANCIAL
144 78.1 Church & Dwight 187 76.4 Reliance Worldwide
CONSUMER GOODS 166 77.4 West Pharmaceutical Corporation
Services CAPITAL GOODS
145 78.1 Marriott HEALTH CARE & LIFE SCIENCES
International 188 76.4 Air Products
HOTELS, DINING & LEISURE 167 77.3 California Resources and Chemicals
ENERGY & UTILITIES MATERIALS & CHEMICALS
146 78.1 Sempra
ENERGY & UTILITIES 168 77.2 Danaher 189 76.3 Fluor Corporation
HEALTH CARE & LIFE SCIENCES CAPITAL GOODS
147 78.0 Invesco
FINANCIAL 169 77.2 FedEx 190 76.3 SPX
TRANSPORT & LOGISTICS CAPITAL GOODS
148 77.9 Valvoline
AUTOMOTIVE & COMPONENTS 170 77.2 Nordson 191 76.3 Darling Ingredients
CAPITAL GOODS CONSUMER GOODS
149 77.9 Ingersoll Rand
CAPITAL GOODS 171 77.1 Bank of America 192 76.2 Insulet Corporation
FINANCIAL HEALTH CARE & LIFE SCIENCES
150 77.9 UnitedHealth
Group 172 77.0 USANA Health Sciences 193 76.2 Essex Property Trust
HEALTH CARE & LIFE SCIENCES CONSUMER GOODS REAL ESTATE & HOUSING
151 77.8 Viasat 173 77.0 Labcorp 194 76.1 Truist Financial
SOFTWARE & TELECOMMUNICATIONS HEALTH CARE & LIFE SCIENCES FINANCIAL
152 77.8 The Home Depot 174 77.0 Teradata 195 76.1 Atkore
RETAIL SOFTWARE & TELECOMMUNICATIONS CAPITAL GOODS
153 77.8 Host Hotels & Resorts 175 76.9 Best Buy 196 76.1 Pioneer Natural Resources
HOTELS, DINING & LEISURE RETAIL ENERGY & UTILITIES
154 77.8 Norfolk Southern 176 76.9 Kennametal 197 76.0 VMware
TRANSPORT & LOGISTICS CAPITAL GOODS SOFTWARE & TELECOMMUNICATIONS
155 77.8 Repligen 177 76.9 Stanley Black & Decker 198 76.0 Regions Financial
HEALTH CARE & LIFE SCIENCES CAPITAL GOODS FINANCIAL
157 77.7 Yum! Brands 179 76.8 Koppers 200 75.9 Snap
HOTELS, DINING & LEISURE MATERIALS & CHEMICALS SOFTWARE & TELECOMMUNICATIONS
▸VIEW T H E L I S T O N L I N E AT Newsweek.com/amrc-2023
201 75.9 PVH 223 75.3 Weatherford
CONSUMER GOODS International
ENERGY & UTILITIES
202 75.9 Fifth Third Bank
FINANCIAL 224 75.2 Federal Realty
Investment Trust
203 75.9 Infinera REAL ESTATE & HOUSING
TECHNOLOGY HARDWARE
225 75.2 J. M. Smucker
204 75.9 Kilroy Realty CONSUMER GOODS
REAL ESTATE & HOUSING
226 75.2 GlobalFoundries
205 75.8 Watts Water SOFTWARE & TELECOMMUNICATIONS
Technologies
CAPITAL GOODS 227 75.1 AT&T
SOFTWARE & TELECOMMUNICATIONS
206 75.8 Xerox
TECHNOLOGY HARDWARE 228 75.1 General Electric
CAPITAL GOODS
207 75.8 Prudential
FINANCIAL 229 75.1 Hubbell
CAPITAL GOODS
208 75.8 Digital Realty Trust
REAL ESTATE & HOUSING 230 75.1 VF Corporation
CONSUMER GOODS
209 75.7 Onsemi
TECHNOLOGY HARDWARE 231 74.8 AvalonBay Communities
REAL ESTATE & HOUSING
210 75.7 BizLink
TECHNOLOGY HARDWARE 232 74.8 Vornado Realty Trust
REAL ESTATE & HOUSING
211 75.7 Brixmor
Property Group 233 74.8 Crown Holdings
REAL ESTATE & HOUSING MATERIALS & CHEMICALS
214 75.5 Dover Corporation 236 74.6 State Street 246 74.2 Albemarle
CAPITAL GOODS FINANCIAL MATERIALS & CHEMICALS
215 75.4 Universal Display 237 74.5 Public Storage 247 74.2 Crown Castle
TECHNOLOGY HARDWARE REAL ESTATE & HOUSING SOFTWARE & TELECOMMUNICATIONS
216 75.4 United Parcel Service 238 74.4 Greif 248 74.1 Arista Networks
TRANSPORT & LOGISTICS MATERIALS & CHEMICALS SOFTWARE & TELECOMMUNICATIONS
217 75.4 Dana 239 74.4 Pacific Premier Bancorp 249 74.0 Quaker Houghton
AUTOMOTIVE & COMPONENTS FINANCIAL MATERIALS & CHEMICALS
218 75.4 Microchip 240 74.4 Helmerich & Payne 250 74.0 ADM
TECHNOLOGY HARDWARE ENERGY & UTILITIES CONSUMER GOODS
219 75.4 Teledyne Technologies 241 74.3 Salesforce.Com 251 73.9 Bunge
TECHNOLOGY HARDWARE SOFTWARE & TELECOMMUNICATIONS CONSUMER GOODS
220 75.4 Element Solutions 242 74.3 LPL Financial 252 73.9 Unum
MATERIALS & CHEMICALS FINANCIAL FINANCIAL
221 75.3 GXO 243 74.2 Comfort Systems USA 253 73.9 SBA
TRANSPORT & LOGISTICS CAPITAL GOODS SOFTWARE & TELECOMMUNICATIONS
222 75.3 Fortune Brands 244 74.2 Realty Income 254 73.9 Hormel Foods
CONSUMER GOODS REAL ESTATE & HOUSING CONSUMER GOODS
CAPITAL GOODS
292 72.8 Expeditors
271 73.5 Macerich International of
REAL ESTATE & HOUSING Washington
TRANSPORT & LOGISTICS
Cooper-Standard
FINANCIAL
280 73.1 301 72.5 Petco
Holdings
Omnicom Group RETAIL
260 73.7 AUTOMOTIVE & COMPONENTS
PROFESSIONAL SERVICES
302 72.5 Ormat
281 73.1 NiSource Technologies
261 73.7 Itron ENERGY & UTILITIES
ENERGY & UTILITIES
PROFESSIONAL SERVICES
282 73.0 American Axle & 303 72.4 Mattel
262 73.7 Phibro Animal Manufacturing Holdings
Health CONSUMER GOODS
AUTOMOTIVE & COMPONENTS
HEALTH CARE & LIFE SCIENCES
283 73.0 Halliburton 304 72.4 Hecla Mining
263 73.7 Constellation ENERGY & UTILITIES MATERIALS & CHEMICALS
Energy Corporation
Helen of Troy 305 72.4 FacSet
GE T T Y
NE WSWEEK .COM 35
306 72.4 Simpson Manufacturing 327 71.7 Columbus McKinnon 336 71.4 Pactiv Evergreen
Company CAPITAL GOODS MATERIALS & CHEMICALS
CAPITAL GOODS
328 71.6 U.S. Silica 337 71.2 ICF
307 72.3 Compass Minerals MATERIALS & CHEMICALS PROFESSIONAL SERVICES
International
Synopsys Hanesbrands
MATERIALS & CHEMICALS
329 71.5 338 71.2
SOFTWARE & TELECOMMUNICATIONS CONSUMER GOODS
308 72.3 Charles River
Laboratories 330 71.5 AECOM 339 71.1 Empire State Reality Trust
HEALTH CARE & LIFE SCIENCES
PROFESSIONAL SERVICES REAL ESTATE & HOUSING
309 72.3 Graphic Packaging 331 71.5 Unifi 340 71.1 Union Pacific
MATERIALS & CHEMICALS
MATERIALS & CHEMICALS TRANSPORT & LOGISTICS
311 72.3 KeyCorp 333 71.4 Schlumberger NV 342 71.0 National Instruments
FINANCIAL ENERGY & UTILITIES SOFTWARE & TELECOMMUNICATIONS
312 72.2 Oshkosh 334 71.4 Masonite International 343 71.0 KLA Corporation
AUTOMOTIVE & COMPONENTS CAPITAL GOODS TECHNOLOGY HARDWARE
313 72.1 Kansas City 335 71.4 Hologic 344 71.0 Gartner
Southern HEALTH CARE & LIFE SCIENCES PROFESSIONAL SERVICES
TRANSPORT & LOGISTICS
365 70.2 Dominion Energy 387 69.7 Winnebago Industries 408 68.9 T. Rowe Price
ENERGY & UTILITIES AUTOMOTIVE & COMPONENTS FINANCIAL
▸VIEW T H E L I S T O N L I N E AT Newsweek.com/amrc-2023
410 68.8 Lumen Technologies 428 68.1 Nextera Energy
SOFTWARE & TELECOMMUNICATIONS (1(5*< 87,/,7,(6
424 68.3 Littelfuse 442 67.7 Alamo Group 449 67.6 Monolithic
7(&+12/2*<+$5':$5( 75$163257 /2*,67,&6
Power Systems
7(&+12/2*<+$5':$5(
425 68.2 Brinker International 443 67.7 Cooper Tires 450 67.5 FIS
+27(/6',1,1* /(,685( AUTOMOTIVE & COMPONENTS SOFTWARE & TELECOMMUNICATIONS
426 68.1 Hersha Hospitality Trust 444 67.7 Kadant 451 67.5 Sleep Number
5($/(67$7( +286,1* 7(&+12/2*<+$5':$5( RETAIL
427 68.1 AAR 445 67.7 Wolfspeed 452 67.4 Synchrony Financial
75$163257 /2*,67,&6 7(&+12/2*<+$5':$5( FINANCIAL
457 67.2 Carlisle Companies 468 66.7 Hawkins 490 66.1 QTS
MATERIALS & CHEMICALS MATERIALS & CHEMICALS REAL ESTATE & HOUSING
458 67.2 Cooper Companies 469 66.7 Rogers 491 65.9 Devon Energy
HEALTH CARE & LIFE SCIENCES Corporation ENERGY & UTILITIES
MATERIALS & CHEMICALS
459 67.2 Veeco 492 65.9 Installed
TECHNOLOGY HARDWARE 470 66.6 HF Sinclair Building Products
ENERGY & UTILITIES PROFESSIONAL SERVICES
463 67.1 Pebblebrook Hotel Trust 474 66.5 Paramount Group 496 65.8 New Jersey Resources
HOTELS, DINING & LEISURE REAL ESTATE & HOUSING ENERGY & UTILITIES
464 67.1 Gibraltar 475 66.4 Citrix Systems 497 65.8 Range Resources
CAPITAL GOODS SOFTWARE & TELECOMMUNICATIONS ENERGY & UTILITIES
465 67.0 Varex Imaging 476 66.4 ANSYS 498 65.7 Hostess Brands
TIM ROBBERTS /G E T T Y
HEALTH CARE & LIFE SCIENCES SOFTWARE & TELECOMMUNICATIONS CONSUMER GOODS
466 67.0 NRG Energy 477 66.4 Intuit 499 65.6 Kontoor Brands
ENERGY & UTILITIES SOFTWARE & TELECOMMUNICATIONS CONSUMER GOODS
467 66.9 Fiserv 478 66.4 Switch 500 65.6 Greenbrier Companies
SOFTWARE & TELECOMMUNICATIONS TECHNOLOGY HARDWARE TRANSPORT & LOGISTICS
▸VIEW T H E L I S T O N L I N E AT Newsweek.com/amrc-2023
Culture HIGH, LOW + EVERYTHING IN BETWEEN
UNCHARTED
Room 309
HONG KONG
(See #08 on
following spread)
Janai Coffee
TOKYO
(See #09 on
following spread)
FROM LE F T: ROOM 3 09 ; JAN AI COFFEE ; TOP RIG HT: K ARWA I TA NG /GE T T Y
NE WSWEEK .COM 41
Culture
04
Red Frog
LISBON
This escape is a bar within a bar. The
sky-blue staircase leads to Monkey
Mash’s tropical, bright-yellow interior.
02 0DNHDOHƱULQJWKHEHOOXQGHUQHDWKD
La Noxe UHGIURJDƯ[HGWRWKHZDOODQGHQWHUD
FRPSOHWHO\GLƪHUHQWZRUOGZKHUHGLP
NEW YORK CITY
OLJKWLVUHƮHFWHGRƪYDULRXVPLUURUV
Imagine a cocktail bar on your
in vintage gilt frames. Red Frog is
commute—climb the subway stairs
designed to be a private room, the
IRUDGLƪHUHQWXQGHUJURXQGYLEH
founders say, where the bartender
vinyl music, velvet banquettes,
focuses more on the guest than the
scarlet light. Take the 1 train to
drink—maximum 12 patrons at once,
WK6WUHHWƬQGWKHGDUNQDY\
despite a waitlist of usually over 150.
door that looks like the janitor’s
closet near the turnstiles and
enter this swanky speakeasy 2
1
tucked inside the station. By 4
GD\HQMR\FRƪHHIUHVKMXLFH
DQGVDQGZLFKHV$ƱHUSP
Monday through Saturday, the
PHQXVKLƱVWR0HGLWHUUDQHDQ
cocktails, tapas and music.
01
The Pawn Shop
SAN FRANCISCO
42 NE WSWEEK .COM
08
Room 309
HONG KONG
It’s a place that ought not to exist:
Room 309 of The Pottinger boutique
06 hotel. To check in, ask for a key card at
the Envoy restaurant. The realm that
Bellboy awaits includes pillars of carved lions.
TEL AVIV
Head bartender Antonio Lai wants to
Strings of rusted tungsten lights, avoid preconceptions about a drink
a wooden board of skeleton keys, based on its color, so he makes crystal-
jars of liquor with yellowed stick-on clear cocktails in aromas and flavors,
labels like chemical reagents…This is naming them “Invisible Cocktails.”
Bellboy, a Prohibition-era themed bar
5 with the motto to have fun. Cocktails
arrive in a conch shell, with a roasted
pine cone, in a cloud of smoke or
beneath bubbly foam. But if Bellboy
isn’t secretive enough for you, try
to find Butler, a tiny bar-within-a
bar that hosts just 12 guests.
6 9
8 10
0 6: OSC AR C A RR A SCOSA /GE T T Y; 07: #FINDTHE LOCKE RROOM; 08 : RO OM 309; 09: JANAI COFFEE ; 10: THE SWINGING C AT
NE WSWEEK .COM 43
Culture
I ’ v e a lway s m a d e a j o k e
about how my voice is unique,
and so incredibly annoying. So, the
most challenging thing in my life
right now is dealing with what I call
my “new voice.” My left vocal cord is
paralyzed, and I may not get more
of my voice back.
I’ve been very self-conscious about
it, because I sound a little bit like
Minnie Mouse now and I have to
explain it to the audience every time
I do stand-up. Some people think I’m
joking, but I really did get diagnosed
with lung cancer in August 2021,
without ever smoking, and the sur-
gery to remove the cancer gave me
pretty extensive nerve damage. But
it’s funny, I’ve been getting so many
people saying that they like this voice
better. If that’s the attitude people
have, I hit the jackpot.
What’s great about cancer is that,
boy, people are nicer. And I work it
like a shameless two-dollar w****.
When I go to dinner, if there’s one
thing I don’t like, I’ll yell, “Can I have
this redone? I have cancer!” Then
people ask what stage, and I have
to say, “Well, technically, I’m can-
cer-free.” Thankfully, the cancer was
all removed with surgery and my six-
month and one-year scans have since
been clear. But I try to have a sense of
MY TURN humor about everything, even that.
dollar w****.”
TMZ, so there was no context or tion pill I could get my hands on. I
nuance. People didn’t know who was taking a lot of Valium, which is
the photographer Tyler Shields was very addictive, and Xanax.
and didn’t know where I was coming I then overdosed on June 25, 2020,
from. I get frustrated because I feel and went to the hospital on one of
like people don’t want to know the those psychiatric holds. My joke
origins of something. But that’s what Syria. Way to keep a level head. about it is that now I have more in
my whole creative process is about. The night of the Trump photo, I common with Britney Spears and
I feel like intent doesn’t mean happened to have planned a dinner at Kanye West than I ever wanted to. But
anything anymore. I think about my my house with Melanie Griffith, Rita I got the help I needed. And now I go
dear departed friend Joan Rivers and Wilson and Kris Jenner. I’d quite lit- to AA, even though I’m a pill girl.
her acerbic wit, and I suspect she’d erally had the worst day of my career
probably be canceled today. When I and the three of them showed up How Misogyny Factors In
think of the Fashion Police jokes Joan looking like a million dollars, and I So when I see Dave Chappelle mak-
did in her final episodes, it’s sad for was in my PJs. It turned out that they ing fun of cancel culture and saying,
me to say it, but she could never do were quite wonderful to talk to that “If this is what being canceled is like,
those jokes now, they would be seen night. So much so I wondered: Might I love it.” I think: Dave, you weren’t
as too controversial. it all just stop tonight? canceled, honey. You’re fine. You got
Oh, no. in a little trouble for four seconds for
The Effect of Getting Canceled The hatred from the right was comments on a comedy special that
An erasure is what the reaction to more intense than I could have some people regarded as promoting
that photo felt like at the time and thought, but not that surprising. But bigotry toward transgender people.
what it still feels like to this day. I was the left wing being so taken by this The Netflix boys backed you up, like
fired from my CNN New Year’s Eve campaign against me was hard. It was everybody knew they would.
hosting gig with my friend Ander- just too much for me. It’s frustrating for me because
son Cooper, theaters canceled my I learned that my old friends Chappelle, Joe Rogan, Kanye West
stand-up shows because of bomb weren’t coming back. Anderson Coo- and Elon Musk; none of them have
threats, I was investigated by the per calling my photo “disgusting” still ever been canceled or erased, they
Secret Service and put on the no-fly hurts because I really adored him. need to calm down. Do they need
list for several months, and I couldn’t Andy Cohen saying “I don’t know clarity on what this looks like when
get a gig on TV for years. her” after it all went down was, and it’s real? It’s five and a half years of
It went down so fast, and was so is, painful, because I really enjoyed lost income. It’s two million dollars
seismic. At the first inkling I got that my time at Bravo. in legal fees. Those dudes, they all
people were upset by the photo, I just I think I’m still banned from b**** about it, but they have no clue.
laughed it off. In fact, I actually did in most of the talk shows, but Jimmy The misogyny is staggering to me.
a phone interview right away where I Kimmel and Seth Meyers were great, Imagine if I did a hundredth of
said, “I’m not apologizing.” I’m grate- they were the only two that would what Kanye has done? I know him
ful it didn’t run, because at that time, have me on. Aubrey Plaza brought a little bit and they lived next door
I heard Democrats were thinking over a casserole two days after every- to me for a few years and I like Kim
that I was going to cause American thing blew up. I don’t think I’d even Kardashian. I never really had feel-
servicemembers to be beheaded in changed my f****** pajamas. That ings good or bad about him. But
what frustrates me is this: Why are So, I contacted the folks at Post, folks followed me for the fun pop
people even debating what he’s said the new social media app, and I’m culture stuff. So I couldn’t help but
and done? We saw banner drops all there now. I’m also trying TikTok, throw in, “Let’s see if we can vote for
over America that said “Kanye was and we’ll see if a new type of Twitter Stacey Abrams, my friends in Geor-
right about the Jews.” Can you think emerges, because I do like having a gia.” But I do feel like we’re living in
of another popular pop culture fig- platform that is more word-oriented. an invasion of the body snatchers
ure who’s ever had this effect? I was shamefully addicted to Twitter, over here. It’s nuts.
You may think my photograph it was hard for me not to keep check- Take the attack on Paul Pelosi—
was disgusting, that’s fine. But I ing it. But I do feel saddened, because who I’ve met and who is the defini-
wasn’t dressed as a jihadist as it was whatever this “Hitler 2.0” situation tion of a distinguished gentleman.
manipulated in Iran. It did not incite that I feel here we’re dealing with, He’s 82 years old. All I can think of
one single person to grab a sword it’s so pervasive. is my own father. So the idea that
and cut off anyone’s head, much One of the reasons I stayed on people from the right and conspir-
less Donald Trump’s. Twitter is that I know a lot of the acy theorists took to social media
And I knew Trump as well as any- and made claims the Pelosis’ secu-
body. He was so ubiquitous in the rity cameras had failed or called it a
’90s. If you went to New York, he “false flag” operation—without even
was practically waiting for you at
“What I miss most, starting on the fake “lover’s quarrel”
Curing a Twitter Addiction general, is the loss of feels like it’s right out of the Sandy
NE WSWEEK .COM 47
Culture
PA RT I N G S H OT
Micheal Ward
ImagIne beIng a young actor and gettIng cast In a fIlm dIrected How does it feel to be part
by Sam Mendes. Oh, and your co-stars are going to be Olivia Colman of one of this year’s most
and Colin Firth...all of whom have earned Oscars. Most would be intimidated, highly anticipated movies?
but not Micheal Ward, who plays Stephen in Empire of Light (December 9). Exciting. And also something
“I’d never go and say, ‘Oh, you know, my next film, I’d love to work with Sam that’s close to London culture
Mendes.’” Set in an English coastal town in the 1980s, Ward says the drama is in the ’80s. I haven’t really fed
“more than a love letter to cinema and even to the period, it’s really just a com- into the anticipation, but I hope
plex story.” Even though Ward isn’t old enough to have experienced the ’80s everyone wants to watch the film.
himself, “Sam just set up this environment for you to really do your best work.” It was important to Sam, especially
While Ward might be a self-proclaimed “rookie,” his performance is generating because it’s so personal to him.
a bit of Oscar buzz, but he’d rather focus his attention on the work. “I feel truly
blessed to be able to tell a story with the people we’ve been able to tell the story The film is a love letter to cinema,
with.” Oh, and one more thing: “I want to do comedy.” particularly British cinema.
It’s testimony to the world Sam
wanted to create and how authentic
he could make it. It was beautifully
shot by Roger Deakins, [he] grew
up in a seaside town, so he knew
exactly how he wanted to shoot.