Middle East Tensions Scares Stock Market & Nike Loses Its ‘Cool’?

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 2 October 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 422: Neal and Toby discuss the rising tensions in the Middle East and how the stock market is reacting. Then, Nike sales have slumped last quarter signifying that it might not be the coolest sneaker on the streets anymore. Plus, California bans private colleges and universities from using special consideration or family connections for admissions, also known as legacy admissions. Next, CNN finally succumbs to the wave using a paywall, joining alongside other major news outlets that are fighting for new revenue streams. Meanwhile, Asheville, North Carolina was once a ‘climate haven’, as in, a city that could withstand the harshest effects of climate disasters. Unfortunately, Hurricane Helene has changed all that. Lastly, a Montana man is arrested and sentenced to federal prison for cloning a giant sheep and constructing an elaborate sheep scheme. 00:00 - What was your Bday weather? 3:10 - Middle East conflict shakes Stock Market 8:10 - California bans legacy admissions at private colleges 11:30 - Nike loses its cool? 17:15 - CNN puts up a paywall 21:50 - Climate havens are no more 25:50 - Sheep scandal 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. To learn more about how Wise could work for your business, visit https://wise.com/business/ 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	Good morning for a daily show. I'm Neil Freiman and I'm Toby Howell. Today in a below to
0:06.5	Hollywood's Nepo babies California banned legacy admissions at private colleges.
0:11.3	Then Nike reported earnings yesterday and oh boy does its new CEO have a mountain to climb.
0:17.2	It's Wednesday October 2nd. Let's ride. So yesterday some of our coworkers at the brew found something way better
0:28.6	than astrology to determine your future or describe your personality
0:32.0	it's this website called B-Day Weller. in your
0:35.0	birth date and personality. It's this website called B day weather.com
0:36.0	It prompts you to enter your birth date and birthplace
0:39.0	Then it tells you what the weather was like on the day and place you were born.
0:42.8	And Neil, I think this explains so much about people.
0:46.5	What was the weather like on your birthday?
0:48.6	Okay, for me in Springfield, Massachusetts
0:50.9	on August 21st, 1991. It was 74 and rainy, but hopefully my
0:56.9	little alien body brought a little sunshine into the area. Okay, here's an idea
1:01.8	for a companion website though.
1:03.2	Knowing the weather on your actual birthday is cool, but what I really want to
1:06.8	know is the weather on my 21st birthday because that day I definitely don't
1:11.7	remember. Oh my good Lord let, let's cut that from the record if your parents were listening.
1:16.6	What was your birthday weather?
1:18.6	My birthday weather on February 4th, 1997 in Brayden, Florida, it was drizzling with a high of 81 in February.
1:26.6	I know that is really hot and really yeah.
1:29.1	So what does that say about you?
	...

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