Is it Time to Breakup Google? & Disney Fights Wrongful Death Suit

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 15 August 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 388: Neal and Kyle review the latest inflation report which shows a promising downward trend that could seal the deal for a Fed rate cut. Then, US courts ruled Google is a monopoly and wants it to either open its data to its rivals, or break up the company. Next, a man is trying to sue Disney after his wife had a fatal allergic reaction at Disney World, but the company says he can’t because of his Disney+ account. Also, Neal shares his favorite numbers this week on the Mars $36B mega deal, online sports betting, and mini farm animals. Lastly, Millennials are actually wealthier than ever thanks to skyrocketing home values. Checkout https://beehiiv.link/morning-brew-daily and get a 30 day free trial and also 20% off 3 months with code BREW 00:00 - Google remote 3:00 - Inflation easing up 7:30 - Is Google a monopoly? 12:50 - disney 17:00 - Mars mega merger 18:50 - Sports betting not good? 21:00 - Mini goats are on the rise 23:20 - Millennial wealth doing well 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Building a portfolio with Fidelity Basket portfolios is kind of like making a sandwich.
0:05.0	It's as simple as picking your stocks and ETS,
0:08.0	sort of like your meats and other topics,
0:11.0	and managing it as one big juicy investment.
0:14.0	Mm, that's pretty good.
0:19.0	Learn more at Fidelity.com slash baskets.
0:22.0	Investing involves risk including risk of loss, Fidelity Brokers Services LLC,
0:26.2	member NYC SIPC. I P.
0:31.1	Good morning, Brood Daily Show.
0:33.0	I'm Neil Freiman.
0:34.0	And I'm Kyle Hagee.
0:35.0	Today Google could break up, but hey, it's not you.
0:39.0	It's the DOJ.
0:40.0	And why Disney Plus has found itself as the main character of a story that is truly stranger than fiction.
0:46.2	It's Thursday, August 15th. Let's ride. Yet another business leader is walking back comments about how
0:58.2	remote work is destroying companies. During a talk with Stanford online that was posted this week, former Google CEO
1:05.2	Eric Schmidt criticized the company's remote work policies in a response to a question
1:10.2	about the Google Open AI rivalry.
1:13.0	Schmidt said Google decided that work-life balance and going home early and working from home
1:18.0	was more important than winning.
1:21.0	The reason startups work, he said, is because the people work like hell.
1:25.1	After backlash Schmidt decided he wanted a take backsees in an email to the Wall Street
	...

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