The Phantom Debt Haunting Americans & A Bidding War for the NBA

Morning Brew Daily

Morning Brew

News, Business, Business News

4.4 • 3K Ratings

🗓️ 10 May 2024

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 320: Neal and Toby dive into the potential media tug-of-war for the NBA as the league looks to shop around for a new contract. Then, a phantom debt coming from the surge of ‘Buy now, pay later’ during the holidays could be catastrophic for borrowers. Next, Reddit is our stock of the week while pandemic-era winners are the dog(s) of the week. Also, the resignation of both Miss USA and Miss Teen USA places the beauty pageant under suspicion of a toxic environment. Meanwhile, the Chevy Malibu will end production marking the end of the sedans. Lastly, Baidu deals with a PR nightmare as a PR exec that threatens to fire employees if they don’t work harder and longer. 00:00 - Apple apologizes 2:50 - NBA media rights up for grabs 7:15 - Impending phantom debt? 11:00 - Stock: Reddit, Dog: Pandemic stocks 16:30 - Miss USA drama 19:15 - End of the sedan era 22:30 - PR crisis at Baidu Visit https://www.wendys.com/morningbrew for more! Per My Last Email: Spotify, Apple, YouTube or wherever you listen to podcasts Get your Morning Brew Daily Mug HERE: https://shop.morningbrew.com/products/morning-brew-daily-mug?utm_medium=youtube&utm_source=mbd&utm_campaign=mug 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	Is your money working as hard as it could be for your future? A decade ago, Robin Hood changed the investment landscape when they pioneered Commission free stock trading.
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0:21.6	com to learn more. That's Robin Hood. Come to learn more.
0:23.0	That's Robin Hood.com.
0:24.7	Disclosures.
0:25.7	Investing involves risk.
0:26.7	Other fees may apply.
0:28.0	Robin Hood Financial LLC, member SIPC, is a registered broker dealer.
0:32.3	Good. SIPC is a registered broker dealer.
0:36.5	Good morning for Daily Show. I'm Neil Freeman.
0:37.5	And I'm Toby Howell.
0:38.4	Today, the NBA could leave TNT, which raises the all-important question what's going to happen to
0:44.4	Charles Barclay then GM is killing the Chevy Malibu is this the end of the road
0:49.6	for sedans it's Friday, May 10th. Let's ride.
0:54.0	I want to close the loop on the Apple ad you may have heard us talk about yesterday.
1:02.0	Apple put out this advertisement for their new iPad this week that showed an industrial
1:06.4	press crushing things like instruments, art supplies, cameras, and other symbols of artistic
1:11.6	expression until eventually all that remained was their new sleek device.
1:15.7	Discourse ensued. Customers got real angry saying the ad was anti-apple at celebrating destruction of art by Solis Technology and Steve Jobs would
1:24.7	never have let something like this happen. Well the discourse may have won out
	...

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