🩵 “Blue Light Special” — Kmart’s innovation #RIP. Visa’s monopoly lawsuit. Goldman’s HQ apartments.

The Best One Yet

Nick & Jack Studios

News, Business

4.7 • 9.5K Ratings

🗓️ 25 September 2024

⏱️ ? minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The last Kmart store is closing… But our Kmart obituary highlights their wild history of innovation.

Visa just got sued for allegedly abusing its credit card dominance… Because it’s charging 2% on everything.

Goldman Sachs will now let you live in their former HQ… The bank’s cubicles are becoming condos.

Plus, we just got 8 new emoji… but they’re not gonna cheer you up.

$GS $AMZN $KMRT

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Transcript

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0:00.0	This is Nick. This is Jack. It's Wednesdays. September 25th.
0:07.0	And today's pod is the best one. Yeah, this is a T-boy.
0:11.0	The top three pop business news stories you need to know today.
0:14.4	One sec, Jack, I'm checking the compass and it says we are north by north.
0:18.0	We're in the Pacific Northwest, aren't we?
0:19.9	I'm climbing a tree like a lemur.
0:22.4	Jack and I just landed in lovely Seattle.
0:25.0	It is glowing right now.
0:27.0	We're here for a live show this week.
0:28.0	We're podting together all week.
0:30.0	Great to see it, man.
0:31.0	In the meantime, we whipped up three fantastic stories on the plane
0:35.3	for today's pod what do we got jack for our first story visa was just sued by the
0:40.3	US Department of Justice for being a credit card payments monopoly.
0:44.4	Visa just showed us how jacked it is as a middleman.
0:49.2	For our second story, the last Kmart store in America is about to close.
0:55.0	But Jack and I discovered that Kmart is shockingly the most innovative store in history.
1:01.4	So we wrote an obituary, but it's like a very nice obituary. And our third and final story, you can now
1:07.1	live in the former headquarters of Goldman Sachs. Yesterday we told you about Costco Apartments. Today we'll told you about Costco apartments.
1:13.0	Today, we'll tell you about Goldman apartments.
1:16.0	But Yetes, before we hit that fantastic mix of stories.
1:19.0	One sec, I gotta pay D.J. Solomon a little bit of rent.
	...

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