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Morning Brew Daily

Google Won’t Have to Sell Chrome & Kraft Heinz Breaks Up

Morning Brew Daily

Morning Brew

Business, News, Business News

4.43K Ratings

🗓️ 3 September 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

Episode 662: Kyle and Neal discuss Google’s big win in the antitrust case where they don’t have to sell Chrome. Then, a rundown of the latest food news where Kraft Heinz is breaking up, Nestle makes a change at CEO following an investigation, Pepsi gets activist investors and McDonald’s expands their value meal. Finally the headlines you need to know to start your Wednesday.  Get a $500 match on your first $500 spent with code BREW500 at https://www.ads.roku.com. Terms apply.  Check out Kyle on Per My Last Email! Spotify link: https://open.spotify.com/show/0nLoZjMIpr7AhG61xsZlWs?si=83e893071dd44696  YT link: https://youtube.com/@permylastemailshow?si=aMa5d8vjKlFdeZlb  Show page: https://www.permylastemailshow.com/  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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC. Alpha is an experimental AI tool powered by GPT-4. Its output may be inaccurate and is not investment advice. Public makes no guarantees about its accuracy or reliability—verify independently before use. *Rate as of 7/18/25. APY is variable and subject to change. As part of the IRA Match Program, Public Investing will fund a 1% match of: (a) all eligible IRA transfers and 401(k) rollovers made to a Public IRA; and (b) all eligible contributions made to a Public IRA up to the account’s annual contribution limit. The matched funds must be kept in the account for at least 5 years to avoid an early removal fee. Match rate and other terms of the Match Program are subject to change at any time. See full terms here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:22.9

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0:28.2

successful campaigns this holiday shopping season and beyond. Head to contentful.com

0:33.1

slash black Friday. That's contentful.com slash black Friday.

0:46.0

Good morning, Brew Daily show.

0:46.8

I'm Neil Freyman.

0:47.7

And I'm Kyle Hagey.

0:50.0

Today, Google gets a slap on the wrist for being a monopoly.

0:51.3

And we'll talk about

0:52.1

who gets custody of luncheables

0:54.0

in the Kraft Hines breakup.

0:56.0

It's Wednesday, September 3rd.

0:58.1

Let's ride.

1:03.2

Good morning and happy Wednesday.

1:05.3

Kyle, we know that prices are getting out of hand, but I don't think I've seen anything like this paying $36,000

1:11.6

simply for the privilege of shopping at a grocery store. That store is Arawon, the ultra

1:17.4

bougie Los Angeles shop known for its $20 smoothies and $88 jars of seamos. Yesterday, the Feed Me

1:24.3

newsletter reported that an Aeroon will be opening in New York City with a catch.

1:28.8

It's going to be located in an upcoming member-only paddle club, started by the founder of Kith.

1:34.3

And the club has an initiation fee of $36,000, plus annual dues of $7,000.

1:41.3

Twist my arm, I'm in.

1:43.2

I just got to say, this is Buzzword City. Airrawan, private Padel Club, West Village, Kith founder. Like, surprised they didn't work in Laboooo in there somehow. Like, it's like millennial cards against humanity. Not to disappoint our listeners who obviously were about to spend 36K to see this heroin. It's not even a full airwon. It is a slimmed down version, like a tonic bar inside of this private club. So maybe we can get in free somehow, pull some strings, but I probably won't be going. And now a word from our sponsor, Roku Ads Manager. Kyle, would you say you have a target audience? Pickleball heads and snow cone enthusiasts. Wow, you got that locked and loaded.

...

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