Spirit Airlines Grounded by Bankruptcy & New FCC Threatens Big Tech

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 19 November 2024

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 456: Neal and Toby are back! They chat about Spirit Airlines filing for bankruptcy after years of its struggling business. Then, Trump hires his new chair of the FCC, Brendan Carr, who is a big proponent of Elon Musk, but a big opponent of Big Tech. Next, a Pew report shows 1 in 5 adults get their news from social media influencers as the trust in legacy media wanes. Meanwhile, dermatology is becoming the new ‘it’ job in the medical industry. Lastly, the biggest headlines to close out your day. 00:00 - Alaskan town won’t see sunlight for a while 2:40 - Spirit Airlines files for bankruptcy 7:30 - Trump’s newly appointed FCC commissioner 11:40 - People get their news from influencers 17:00 - Toby’s Trends: Dermatologists 20:30 - Final headlines! Download the Yahoo! Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 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. Get your Morning Brew Book of Crosswords HERE: shop.morningbrew.com 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	Adobe Express is the quick and easy Create Anything app.
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0:24.0	Adobe Express, the quick and easy create anything app.
0:31.5	Good morning, Brew Daily Show.
0:33.7	I'm Neil Fryman.
0:34.6	And I'm Toby Howell.
0:35.5	Today, how Spirit Airlines went from industry
0:38.0	disruptor to Chapter 11 bankruptcy. Then who is Brendan Carr Trump's new pick to lead the FCC?
0:45.3	It's Tuesday, November 19th. Let's ride.
0:52.5	Good morning. It is great to be back here in the studio with you, Toby, and with you are wonderful listeners.
0:59.1	Anyone tuning in from Utkiagvik, Alaska? If so, I do not envy your next two months. In this city,
1:06.5	330 miles north of the Arctic Circle, the sun set yesterday at 127 local time, and it won't
1:13.3	rise again until January 22nd. For 64 days, residents there will be living in what's known
1:20.4	as polar night. Makes you feel a little bit better about the suns setting at 4.30 here in the
1:25.8	evening hours. But here's something to remember.
1:28.4	Over the course of the year, Utkiavik will actually experience the exact same amount of daylight as
1:32.9	any other place on Earth. So if we fast forward to May 11th, 2025, the sun will rise in Utkiavik,
1:39.1	and it won't set until August 19th. So there is a life lesson in there somewhere, even though
1:44.0	you might go through
	...

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