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The Best One Yet

Away suitcases becomes a “Brand-icorn,” Amazon’s airport and food delivery moves, and John Deere = Trade War

The Best One Yet

Nick & Jack Studios

Business News, Tech, News, Finance, Business, Pop Culture

4.69.8K Ratings

🗓️ 20 May 2019

⏱️ 17 minutes

🧾️ Download transcript

Summary

Amazon made 2 major moves into delivery and shipping by investing in Deliveroo and breaking ground on its own 100-plane airport. Luggage startup Away hit a $1.4B valuation to become our “Brand-icorn of the Day.” And John Deere drops 8% because it’s become a near-perfect illustration of the trade war drama (and Mother Nature).Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0

This is Nick, this is Jack, and this is Snacks daily.

0:04.6

It is Monday, May 20th, and actually, good timing for this one, right?

0:08.3

T-B-O-Y, the best one yet, by far.

0:12.0

Rough week for markets.

0:13.0

Last week.

0:14.0

Let's talk about the three big tariff things that happened.

0:16.0

Can you hit me with this?

0:17.0

First, a ending of tariffs with Mexico and Canada.

0:19.8

That's a good thing.

0:20.8

Then you had the delaying of tariffs on European and Japanese cars.

0:23.8

And then you had a serious increase with China, which is looking very much cold war-ish

0:28.2

at this point.

0:29.2

All up and stocks dip last week.

0:31.4

Doesn't matter.

0:32.4

All week and long, Jack and I jumped in.

0:34.3

We have three wonderful stories for you guys.

0:36.2

Amazon made two huge announcements last week, and let's just say Uber, UPS, and FedEx are

0:41.3

all terrified of them.

0:42.8

Basically, a $1 trillion dollar company is launching an Air Force and a ground army, so

0:46.8

yeah, they're pretty concerned.

0:48.3

Be afraid.

0:49.3

Yeah, be very afraid.

...

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