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Morning Brew Daily

Hedge Funds Cash-In on Disasters & Exxon Mobil Bites Back

Morning Brew Daily

Morning Brew

News, Business, Business News

4.42.8K Ratings

🗓️ 23 January 2024

⏱️ 26 minutes

🧾️ Download transcript

Summary

Episode 241: Neal and Toby discuss the record-breaking profits hedge funds made by betting big on catastrophes. Then, a breakthrough in science as the world’s first malaria vaccine program is rolled out in Africa. Plus, oil giant Exxon Mobil pushes back on climate proposals. Toby explains what’s behind the “mob wife” trend. Lastly, why AI won’t be taking away jobs just yet and why “blue zone” is the latest buzzword for the real estate industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Good morning Burund Daily Show. I'm Neil Freiman and I'm Toby Howell. Today the

0:05.0

surprising strategy that had hedge fund scoring record returns this year.

0:09.3

Then we hit a huge milestone for global health yesterday

0:12.7

as some kids in Cameroon became the first humans ever

0:15.9

to get a shot to prevent malaria.

0:18.4

It's Tuesday, January 23rd.

0:20.6

Let's ride. God. Nothing says romantic date night, like 2 for 25 apps at Apple Bees, apparently.

0:32.9

Yesterday, Apple Bees began offering a subscription date night pass for $200 that covers up to $30

0:39.2

of food and non-alcoholic beverages once a week for 52 weeks ending in January 2025.

0:46.6

When it went live yesterday morning, it sold out within a minute and crashed the website.

0:51.7

Appleby's didn't say how many date night passes were bought,

0:54.4

but tons of people were apparently unable to purchase one

0:57.5

because they complained very loudly

0:59.8

on social media about the limited availability. I feel like this is one of those ideas

1:04.1

the marketing team cooks up after four margaritas at Applebee's but it clearly

1:08.6

clicked for Dollar Rita's at Applebee's so back in my day the Applebee's. So back in my day, the Applebee's 2 for 20 meal was the hottest

1:15.7

deal around in the spot of a few date nights for me in high school. But now they've rolled

1:20.0

out this movie pass for meals. I feel like this is kind of the marketing team or

1:24.2

some MBAs gone wild we're like we should make eating a subscription

1:27.7

process so I don't know I feel like maybe this is the over-optimization of

1:31.9

everything but I would it worked it absolutely

1:35.3

worked but if you're a high school student would you would you bust out the

...

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