Bridges and Digital Toll Roads

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.3 • 3.1K Ratings

🗓️ 27 March 2024

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Merchants are going to be taking a bigger cut of credit card swipes, what does it mean for VIsa and Mastercard? (00:21) Bill Mann and Dylan Lewis discuss: - The tragic Francis Scott Key Bridge collapse in Baltimore and how it affects the port and the companies with goods going in and out of it. - Visa and Mastercard’s $30B settlement with merchants over interchange fees. - A curious crypto story with Nilam Resources. (12:09) Tech insider Kara Swisher joins Deidre Woollard to talk about her new best-seller “Burn Book” and how a tech CEO helped her kids use social media a little less. Companies discussed: V, MA Host: Dylan Lewis Guests: Bill Mann, Deidre Woollard, Kara Swisher Engineers: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Soon merchants are going to be happier to see you pull out the plastic.
0:05.0	Motley Full's senior analyst Bill Mann.
0:25.0	Bill, thanks for joining me.
0:26.0	Hey Dylan, how are you?
0:28.0	Welcome back. Yeah, it's great to be back after taking some time off.
0:31.0	It's great to be back with you.
0:32.0	We haven't done a show
0:33.1	together since my vacation so it's nice to be back in the seat we're gonna be
0:37.0	checking in on some curious stories in crypto today we're also gonna be
0:40.7	looking at some thoughts on the tech industry from
0:43.4	Kara Swisher. First up though Bill a bit of disruption in our own backyard.
0:48.1	An absolutely tragic scene in Baltimore this week with the Francis Scott
0:52.0	Keybridge collapsing after being
0:53.6	struck by a cargo container the early hours Tuesday. Bill I've been on that bridge.
0:57.7	I'm guessing you've been on that bridge as well. This is one that hits home for us.
1:01.2	Yeah many times this is a not just a local thoroughfare,
1:05.0	but it is a one of the major north-south arteries
1:08.8	in, you know, in the United States.
1:10.7	So a very important road and port. The Port of Baltimore is one of the
1:17.2	largest transshipment points for cars coming to into and out of the United States. It's also a huge coal facility for
1:28.0	shipments coming in and out. So at the moment the Port of Baltimore completely
1:32.4	cut off. you did start by saying
	...

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