Inside Boeing's Turbulent Culture & Why US Gov is Suing Adobe

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 19 June 2024

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 347: Neal and Toby discuss Boeing's CEO testifying before Congress and the latest accusation from a whistleblower saying the company hid faulty parts. Plus, troubled EV company Fisker finally files for bankruptcy and why is the US Government suing Adobe? Hint: it could have to do with their hidden subscription fees. Then the guys reflect on one year since the Titan Submersible implosion and the biggest lessons learned. Next up a look into how much social media influencers actually make. And finally, why one photographer submitted a real photo to an AI photography competition. 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. 00:00 - It’s Juneteenth! 1:50 - Boeing CEO on the hotseat 6:30 - EV Startup Fisker files for bankruptcy 10:30 - Adobe in trouble with the FTC 14:10 - OceanGate submersible 1-year later 18:20 - Creator economy not working for every creator 23:00 - Real photo wins AI photo contest? Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug 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	Have a question or need how to advice. Just ask meta aye whether you need to summarize notes or want to create a recipe with the ingredients you already have in your fridge. Meta aye has the answers. You can also research topics, explore interests, and so much more. It's the most
0:14.8	advanced AI at your fingertips. Expand your world with Meta AI. Now on Instagram,
0:20.3	WhatsApp, Facebook, and Messenger.
0:27.0	Good morning Brew Daily Show, I'm Neil Freiman. And I'm Toby Howell.
0:29.0	Today, Boeing CEO faced the music at a tense Senate hearing over the company's safety lapses.
0:34.4	Ben Fisked around and found out the electric vehicle maker has filed for bankruptcy.
0:40.4	It's Wednesday June 19th. Let's ride.
0:44.0	Surprise!
0:49.0	You are actually listening to our voices from yesterday. We're recording this on
0:53.9	Tuesday afternoon because today is Juneteenth and the bruise offices are closed but we
0:58.5	still wanted to bring you a piping cup of fresh business news. Juneteenth commemorates the end of slavery in the US following the Civil War
1:05.8	and has been celebrated by Black American since the late 1800s.
1:09.4	In 2021 it was designated a federal holiday by President Biden making it the newest of the 11 federal
1:16.2	holidays on the calendar. As such, if you live in the US you are probably also not working today and
1:21.2	the stock market is closed.
1:23.3	Speaking of, let's talk Yahoo Finance.
1:26.0	It's hard to believe but NVIDIA is now the largest company in the world.
1:30.8	It's actually not that hard to believe. Anyone who's been perusing the
1:34.2	purple streets of Yahoo Finance saw this coming from a mile away.
1:37.5	All right. I didn't know I was talking to the Oracle of Morning Brew daily here,
1:41.0	but you're right. If you're a frequent user of Yahoo Finance, this news
1:44.6	does not come as a surprise.
	...

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