Musk Wins His $1 Trillion Pay Package & October Layoffs Hit 22-Yr High

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 7 November 2025

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Episode 709: Neal and Toby discuss a report that showed October was the worst month for layoffs in over 20 years. Then, Elon Musk prevails in the battle over this $1 trillion pay package. Meanwhile, ESPN drops Penn Entertainment as its sports betting partner and brings in DraftKings. Plus, Snap announces a partnership with Perplexity AI to AI-ify its search engine, sending shares up 8%. And, Duolingo, Celsius, and E.l.f. Beauty join the 20% club…with each of its shares falling by at least 20%. Finally, an update on the FAA’s plans to cut flights and how it may affect you. Learn more at usbank.com/splitcard Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY 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

Click on a timestamp to play from that location

0:00.0	The best B2B marketing gets wasted on the wrong people.
0:04.1	In what possible world do I need the seven pound bag of wasabi peas that social media is obsessed with showing me?
0:10.0	To reach the right professionals, use LinkedIn ads.
0:12.6	LinkedIn has grown to a network of over 130 million decision makers.
0:16.8	You can target your buyers by job title industry and more.
0:20.3	Spend $250 on your first campaign and and LinkedIn will even give you a $250 credit on your next one.
0:26.9	Just go to LinkedIn.com slash MBD.
0:29.4	That's LinkedIn.com slash MBD.
0:31.8	Terms and conditions apply only on LinkedIn ads.
0:36.5	Good morning, Brew Daily Show.
0:38.3	I'm Neil Fryman.
0:39.3	And I'm Toby Howell.
0:40.3	Today, Elon Musk officially begins his trillion dollar quest.
0:44.3	Then, we just had the worst October for layoffs in over two decades.
0:49.3	It's Friday, November 7th.
0:51.3	Let's ride.
0:52.3	Good morning and happy Friday. November 7th, let's ride.
0:58.2	Good morning and happy Friday. You gotta hear about this museum tour over in Dusseldorf, Germany.
1:01.8	At the city's Kunstpalas Museum,
1:03.8	they run a tour twice a month where a guide,
1:05.8	Joseph Langelink, constantly berates you
1:08.7	for being dumb and not knowing about art.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Morning Brew, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Morning Brew and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.