Nike CEO Abruptly Steps Down After Struggling Sales & 23andMe in Turmoil

Morning Brew Daily

Morning Brew

Business, News, Business News

4.4 • 3K Ratings

🗓️ 20 September 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 414: Neal and Toby break down with Nike CEO John Donahoe announces he is retiring after the company's struggling sales. Plus, the guys explain why every single board member resigned from 23andMe this week. Then, Olive Garden cuts a deal with Uber to deliver bread sticks and Trump Media shares prepare to slide as big shareholders can sell their stocks. Next up Starlink is getting in the way of astrology and can Netflix help Jordan Chiles get her Bronze medal back? 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 00:00 - Shohei Ohtani makes history 02:40 - Nike CEO Steps Down 08:00 - 23andMe Struggles 12:00 - Olive Garden and Uber 16:00 - Trump Media stock falls 19:20 - Starlink blocking scientists 22:50 - Netflix helping Jordan Chiles Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	With supply chains becoming more complex, you need to stay on top of the latest logistics developments.
0:07.0	So if you work with logistics, you need the Beyond the Box podcast from Minsk.
0:12.0	It's the easy way to keep up to date with everything
0:14.7	from digital disruption and logistics to the need for supply chain resilience in
0:18.9	today's market. Find out more and keep ahead of the game with the Beyond the Box
0:25.2	podcast on Logistics Insights at Mersk.com slash Insights.
0:29.4	Good morning Brew Daily Show. I'm Neil Freiman and I'm Toby Howell today how
0:35.6	Netflix could help Olympic gymnast Jordan Charles get her bronze medal back.
0:40.3	Then Nike is losing its CEO but it could be exactly what it needs to get back to
0:45.5	winning ways. It's Friday, September 20th. Let's ride.
0:50.0	What a night in Major League Baseball, Los Angeles Dodgers superstar Shohay O'Tani
0:59.2	became the first player ever to record 50 home runs and 50 stolen bases in a single
1:05.0	season. No other player has posted more than 42 homers and 42 steals. The
1:10.0	milestone was part of a mind-boggling six for six three Homer to steal 10
1:14.7	RBI game for Otani that amounted to one of the greatest performances in
1:18.9	sports history to be ahead of this season the Dodgers signed Otani to a record-setting 700 million dollar
1:27.2	contract they might have underpaid now I am trying to put this into business terms
1:32.1	and honestly I got nothing it's like
1:34.0	Warren Buffett's Berkshire Hathaway reaching a one trillion dollar valuation but
1:37.8	then him also founding another company in the same year that also reaches a
1:42.1	trillion dollars it truly is mind
1:43.7	boggling the only thing I can do simultaneously at a high level is rub my tummy
	...

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