Largest Oil Reserve Released in History & Porsche Has Lost its Luster

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 12 March 2026

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 798: Neal and Ray discuss the release of 400 million barrels of oil reserves, the largest in history as the Strait of Hormuz is near closure. Then, Porsche CEO plans to cut more jobs as it struggles to gain traction in China. Then it’s Neal’s numbers on YouTube surpassing Disney, people are more scared of AI than ICE, and a little known soccer club upsetting European giants. Learn more at taxact.com/business-returns 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	recently I got an ad for the best lawn fertilizer but here's the thing I live in an apartment
0:06.3	in New York City I don't have a lawn let alone need fertilizer that's why your ad needs the right
0:11.8	audience and LinkedIn ads can help LinkedIn has 130 million decision makers and you can reach
0:17.8	the right ones for your business target by job title title, industry, company, the list goes on.
0:23.6	Spend $250 on your first campaign on LinkedIn ads and get a $250 credit for the next one.
0:30.1	Just go to LinkedIn.com slash MBD.
0:32.7	That's LinkedIn.com slash MBD.
0:35.3	Terms and conditions apply.
0:38.5	Good morning, Bird Daily show.
0:40.8	I'm Neil Fryman.
0:41.6	And I'm Raymond Lou.
0:42.5	Today, a historic release of oil reserves did little to calm the market.
0:46.3	Then, Porsche is in the dumps.
0:48.0	What can turn around its flailing business?
0:50.7	It's Thursday, March 12th.
0:52.6	Let's ride.
0:58.3	Music It's Thursday, March 12th. Let's ride. Good morning. Yes, that's producer Ray, you're hearing, who is stepping out of the control room into the studio to host with me today.
1:05.8	For everyone looking for a new hobby this spring, I've got a proposal for you.
1:09.3	Make butter while running. It's all the rage.
1:12.8	In videos that have racked up millions of views online, content creator Libby Cope and her boyfriend
1:17.3	show how it's done. You pour heavy cream and salt into sealable bags, stick them into your running
1:22.9	vest and then head out on your run. Once you finished, fish out the bags, and thanks to science, voila, you have butter.
	...

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