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Morning Brew Daily

$600M Fraud Case Rocks Soccer World & Is Starbucks Broken?

Morning Brew Daily

Morning Brew

Business News, News, Business

4.43K Ratings

🗓️ 7 May 2024

⏱️ 29 minutes

🧾️ Download transcript

Summary

Episode 317: Neal and Toby dive into the latest fraud scandal where 777 Partners is alleged to use customers’ money to buy sports teams. Then, is it possible that the U.S. Social Security could run out of money? How it got so big and how it could be dwindling. Next, Starbucks has been struggling to reclaim its throne as the coffee chain king due to its futile attempts to take off in the Chinese market. Then, Toby shares his trend of a sweet candy that’s taking over TikTok. Also, Equinox promises longer life…that’ll cost you $40,000 a year. Finally, recapping the Met Gala that came with a gown-length of controversies. Visit https://www.wendys.com/morningbrew for more! Per My Last Email: Spotify, Apple, YouTube or wherever you listen to podcasts Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Is your money working as hard as it could be for your future? A decade ago, Robin Hood changed the investment landscape when they pioneered Commission free stock trading.

0:08.6

Today, they continue to offer innovative products to help users build a better financial future like

0:13.7

IRAs EDFs options for qualified traders and much more. Take control of your

0:18.4

financial future with Robin Hood. Download the app or visit Robin Hood

0:21.6

com to learn more. That's Robin Hood. Come to learn more.

0:23.0

That's Robin Hood.com.

0:24.7

Disclosures.

0:25.7

Investing involves risk.

0:26.7

Other fees may apply.

0:28.0

Robin Hood Financial LLC, member SIPC, is a registered broker dealer.

0:32.3

Good. SIPC is a registered broker dealer.

0:34.0

Good morning Brew Daily Show.

0:37.0

I'm Neil Freiman.

0:38.0

And I'm Toby Howell.

0:39.0

Today you'll hear about the scandal that erupted

0:41.0

when an American investment firm tried to buy a

0:43.4

Premier League team. Then the Met Gala was last night. We'll break down the

0:47.2

confusing theme how much tickets cost and why Mercedes Sprinter vans were

0:51.3

everywhere. It's Tuesday, May 7th. Let's ride.

0:55.0

Neil, it's May 7th, aka 5-7, so I just want to start today's show off by wishing you a happy

1:05.3

height day. Thank you yeah I'm expecting my Facebook wallet to be filled up later I

1:09.5

honestly thought I was 5-8 my entire life but I went to the doctors. Last year turns out I'm 5.7.4 so I'm going to round down. This is a

...

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