Dockworkers Officially Go on Strike & Stock Market Has September to Remember

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 1 October 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 421: Neal and Toby explain why dockworkers are going on strike and what will happen to major imports if demands are not met. Then, the UK’s move to end its 142 year run on using coal as a form of energy. Next, the Stock Market has a really good September…no thanks to AI. Also, after decades of will-they-won’t-they, DirecTV is buying its rival Dish Network for only $1, but taking on its billions of debt. Meanwhile, Hurricane Helene could potentially shock the tech world as rainfall blocks access to a rare quartz mine in Spruce Pine, North Carolina. Lastly, vintage clothing is booming and has caught the eye of giant fashion retailers to do the same. Vintage is so in. Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. To learn more about how Wise could work for your business, visit https://wise.com/business/ Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316 Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Jimmy Carter 100th birthday 02:40 - Port Strike Implications 08:30 - UK Drops Coal Production 12:10 - Q3 Stock Market Recap 15:15 - DirecTV Deal 19:45 - Quartz and Hurricane Helene 23:00 - Vintage resale Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Good morning Brew Daily Show.
0:03.2	I'm Neil Freiman.
0:04.1	And I'm Toby Howell.
0:05.0	Today, get ready for more supply chain chaos
0:08.1	because the dock workers at East Coast ports have gone on strike.
0:11.9	Then the country that started the coal power boom
0:14.7	over 140 years ago is officially coal-free.
0:18.8	It's Tuesday, October 1st, let's ride. Today is October 1st, a brand new month, but also a special day for one prominent American.
0:33.0	Former President Jimmy Carter turns 100 years old.
0:37.0	He was already the longest living president,
0:39.0	and now he's the first to reach the Century Mark.
0:42.0	No one expected him to make it this far. When Carter
0:45.1	entered hospice care more than 19 months ago, his family and close friends weren't
0:49.1	sure he'd last another week, but not only is Carter still kicking on his 100th birthday, but family members say he's even
0:56.1	perked up in recent months and has been following the presidential election, listening to Bob Dylan
1:01.0	and the Allman Brothers, and following the playoff bound Atlanta Braves,
1:06.0	and this stat will absolutely break your brain.
1:08.8	Carter has lived through 40% of US history
1:12.0	since the Declaration of Independence was signed into 1776.
1:16.7	He has literally seen it all in the time that he has been alive, the US population has nearly tripled and I have to say
1:24.3	to Carter is a huge Atlanta Braves fan if they had not made the playoffs
1:28.7	yesterday who knows if he would have made it to his 100th birthday but yeah
	...

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