High-Income Shoppers Flock to Walmart & Jersey Mike’s $8B Bet to Take On Subway

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 20 November 2024

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Episode 457: Neal and Toby recap Walmart’s latest earnings report that shows the retail giant is in a very healthy spot heading into the holiday season. Then, private equity firm Blackstone acquired a majority stake in Jersey Mike’s Subs that could make the sandwich chain the new sandwich leader. Next, Jaguar reveals a brand new set of logos and designs, signaling its move to ultra-luxury in the electric vehicle segment. Is this the right move? Meanwhile, Northwestern unveils a brand new stadium project that could put professional sports stadiums to shame. Lastly, the biggest headlines to close out your day. Booyah! Download the Yahoo! Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 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. Get your Morning Brew Book of Crosswords HERE: shop.morningbrew.com Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	You know what that is.
0:04.0	An ice cold beer.
0:07.0	What's different?
0:09.0	It's Budweiser, a perfect beer for party season.
0:14.0	Best enjoyed with your best buds.
0:20.0	Cheers to that. Budweiser, Lackenosa. Best enjoyed with your best butts.
0:22.3	Cheers to that.
0:25.3	Budweiser, like no other.
0:26.8	Please drink responsibly.
0:28.5	For the facts, visit drinkaware.com.com.
0:28.6	UK.
0:31.0	Good morning, Brewed Daily Show.
0:33.4	I'm Neil Fryman.
0:34.3	And I'm Toby Howell.
0:35.2	Today, Jaguar hits the reset button with a completely new
0:38.8	identity, but can it save the iconic carmaker from obscurity? Then Jersey mics just got bought out by
0:44.3	private equity, and I hope Danny DeVito gets his bag. It's Wednesday, November 20th. Let's ride.
0:55.7	Breaking news out of the music world, there is a new record holder for the fastest song
1:00.8	to reach one billion streams on Spotify.
1:04.5	The soaring retro duet Die with a Smile by Bruno Mars and Lady Gaga reached the mark
1:10.3	after just 96 days.
1:12.5	Toby, how many of those have you accounted for?
	...

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