Slate Money - The Rich People Restaurant Crisis
Slate Money
Slate Podcasts
4.1 • 1.1K Ratings
🗓️ 27 April 2024
⏱️ 46 minutes
🧾️ Download transcript
Summary
Correction, April 29, 2024: In the audio of this podcast, Emily Peck originally misstated that the FTC sued to block the Penguin Random House–Simon and Schuster deal. It was the Department of Justice.
This week: a reservation at Carbone New York may cost a thousand dollars, but you’ve always got a table at Slate Money! Felix Salmon, Emily Peck, and Elizabeth Spiers discuss restaurant reservation resellers, the FTC’s new non-compete clause ban, and Biden’s rules for airline fees that make getting refunds easier than ever. In the Plus segment: After sell-or-be-banned legislation, is it the end for TikTok in America?
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Podcast production by Jared Downing and Cheyna Roth.
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Transcript
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| 0:00.0 | Hello, and welcome to Slate Money, your guide to the Business and Finance News of the Week. |
| 0:17.8 | I'm Felix Simon of Axios with Emily Peck of Axios. |
| 0:20.8 | Hey Felix! |
| 0:21.8 | I'm here with Elizabeth Spires, who writes to New York Times and it's amazing. |
| 0:26.0 | Hello. And we are going to talk about the FTC, run by Lena Khan, who has come out with a sweeping ban nationwide on non-compete clauses. |
| 0:37.6 | We are going to talk about restaurant reservations and whether we should start having to pay for them. |
| 0:43.6 | We are going to talk about the Biden administration's crackdown on airline fees and forcing |
| 0:51.4 | airlines to give refunds. It's a good one. It's coming up on slate. Money. This episode is brought to you by Revolute. |
| 1:05.1 | Revolute is your perfect travel companion for all things money. |
| 1:08.8 | You can spend in over 150 currencies with great exchange rates and withdraw from ATMs all over the world |
| 1:15.6 | with no charges from Revolute within your plan allowance. Sign up to Revolute at Revolute |
| 1:20.3 | dot com slash podcast reward and receive 20 pounds when you make your first |
| 1:24.4 | purchase with Revolute until 18th of June 2024 18 plus tease and see |
| 1:29.2 | apply exchange fees and fair usage limits apply. |
| 1:36.0 | McDonald's are making small improvements to our Classic burgers, searing our 100% British and Irish beef patties, |
| 1:38.0 | so they're even juicier. |
| 1:40.0 | And we're serving them hotter for meltier cheese, all in new toastier buns. |
| 1:44.6 | The classics, now a little more mmm. |
| 1:47.0 | Comparism with prior classic burgers, serves after 11 a.m. subject to availability. |
| 1:50.4 | Mm. |
| 1:51.4 | Mm. Mm. |
| 1:52.4 | Emily, we have ability. |
... |
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