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Morning Brew Daily

McDonald's Stock Tumbles After E. coli Outbreak & Retailers Finally Slash Prices

Morning Brew Daily

Morning Brew

Business, News, Business News

4.43K Ratings

🗓️ 23 October 2024

⏱️ 29 minutes

🧾️ Download transcript

Summary

Episode 437: Neal and Toby talk about the IMF’s recent report that puts the US at the top when it comes to global economic productivity, thanks to a healthy dose of tech and energy investments. Then, McDonald’s deals with a PR crisis as an e.coli outbreak is linked to one of its beloved menu items. Also, Target, Walmart, and other major retailers are rolling back prices to win back inflation-scarred shoppers – just in time for holidays, of course. Plus, researchers have found Arkansas is sitting on a massive lithium repository. Meanwhile, the FAA finally changed an antiquated rule that required an off switch for the ‘No Smoking’ sign on planes. Lastly, the last-minute news to catch up on. 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. Find your fit at bonobos.com and use code BREW20 for 20% off.  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 A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC and includes 10 investment-grade and high-yield bonds. As of 10/8/2024, the average, annualized yield to worst (YTW) across all ten bonds is greater than 6%. A bond’s YTW is not “locked in” until the bond is purchased and is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. While corporate bond yields should fall in reaction to a Federal Reserve rate cut, there is no way to know whether that will be true of the bonds in the Bond Account, how quickly bond yields will respond, or by how much they will decline. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. All investing involves risk. Public Investing charges a markup on each bond trade. High Yield bonds carry greater risk of default. Visit public.com/bond-account to learn more. 00:00 - NBA Beer Prices 02:15 - IMF US Economy Report  07:40 - McDonald’s E. Coli Outbreak  11:50 - Retailers cutting Prices 16:00 - Arkansas Lithium  19:45 - FAA and No Smoking Signs  23:15 - News Headlines Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Turning an idea into a small business doesn't happen by accident.

0:03.6

You need to be all in. At constant contact, we have the digital marketing tools you need to get the word out,

0:09.2

close the sale, raise the funds, and gather a community around this thing you've built.

0:13.6

So let's do this together.

0:15.1

Let's send this, share this, and shout this from the rooftops.

0:18.2

Let's segment this, automate this, and AI this for real results fast.

0:22.8

Let's get out of this what we put into this.

0:24.5

Let's build this, let's grow this, let's win this.

0:27.3

Get started today at constant contact.com.

0:31.2

Good morning Brew Daily Show. I'm Neil Freiman.

0:34.2

And I'm Toby Howell.

0:35.2

Today, let me hear your loudest Woo Pig Suey because a game-changing discovery was just

0:40.6

announced in Arkansas.

0:42.2

Then McDonald's is in a quarter pound of trouble

0:45.0

after an Ecoli outbreak sent its stock tumbling yesterday.

0:49.0

It's Wednesday October 23rd.

0:51.0

Let's ride.

0:52.8

The NBA kicked off its season last night, filling the basketball void left by the

1:00.6

W MBA wrapping up, but if you wanted to catch a game in person and

1:04.7

maybe snag a beer, it is going to hurt your wallet. The average price for a

1:09.6

16 ounce beer at an MBA game is $12.57.

1:14.9

But there are some massive differences

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