TikTok Pushes Back on Ban & The New Rules for Airline Refunds

Morning Brew Daily

Morning Brew

Business, News, Business News

4.4 • 3K Ratings

🗓️ 25 April 2024

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 309: Neal and Toby discuss the TikTok law passed by the government, but the battle is far from over. Then, the Department of Transportation sets clear rules for all airlines that aim to ease the headache from flight delays and cancellations with automatic refunds. Next, Neal shares his favorite numbers on restaurant reservations, the SF public toilet, and Taylor Swift’s vinyl record. Also, Reggie Bush gets his Heisman Trophy back thanks to NIL. Lastly, Cicadas are here… get ready for a noisy entrance. 00:00 - Intro 2:30 - TikTok fights US ban 6:45 - New DOT rules for airlines 11:15 - Reservation resale market 15:00 - SF’s expensive public toilet 17:45 - Taylor Swift does it again 19:15 - Reggie Bush gets his Heisman back 22:30 - Cicadas are here Get your Morning Brew Daily Merch HERE: https://shop.morningbrew.com/products/morning-brew-daily-sweatshirt?utm_medium=multimedia&utm_source=podcast&utm_campaign=mbd&utm_content=shownotes Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Robinhood Gold Card is offered by Robinhood Credit, Inc., and is issued by Coastal Community Bank, pursuant to a license from Visa U.S.A. Inc. Terms apply to the Robinhood Gold Card rewards program and are available at http://robinhood.com/creditcard. Gold Card requires an annual Gold subscription and a Fee applies to Robinhood Gold subscription. Visit http://robinhood.com/gold for more information. Some limitations or conditions may apply. Must have Robinhood Financial brokerage account to redeem cash back. See rewards program terms for details. Rewards program terms are subject to change. Returns are not guaranteed. Interest is earned on uninvested cash swept from your brokerage account to program banks. The cash sweep program is offered through Robinhood Financial LLC. Terms apply. Robinhood is not a bank. Terms apply to the match and limitations apply to IRAs. 3% match requires Robinhood Gold for 1 year from the date of first 3% match. Must keep Robinhood IRA for 5 years. Visit robinhood.com/retirement for more information. Robinhood Financial LLC (member SIPC) is a registered broker dealer. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Good morning brew daily show I'm Neil Freiman and I'm Toby Howell today reservations are so scarce at fancy restaurants
0:08.6	They're going for thousands of dollars on the secondary market then the tick Tik-Tok divestment bill has been
0:14.1	signed by President Biden but what comes next? It's Thursday April 25th. Let's
0:19.6	ride.
0:30.0	You hear a lot about U.S. downtown's getting caught in the doom loop of falling foot traffic and commercial real estate values.
0:32.0	You hear a lot less about the ones that have managed to escape it.
0:35.2	Well here's one. Detroit. Just over a decade ago the Motor City was bankrupt in the biggest
0:40.9	municipal bankruptcy in US history,
0:43.0	but tonight it's hosting the NFL draft
0:45.8	with a ton of momentum spurred by investments
0:48.7	by rocket mortgage billionaire Dan Gilbert.
0:51.3	Yeah, Detroit is so back. Detroit's home prices have jumped 40%. there's
0:53.0	home prices have jumped 40% since 2020.
0:56.0	That was the biggest increase of any
0:58.0	US metro area last fall.
1:00.0	Big companies like Farmer, they're redeveloping old buildings.
1:03.0	There's even a Gucci store right now,
1:05.1	Motor City way back.
1:06.8	Yeah, according to one exec there,
1:08.4	you've got this post bankruptcy kind of energy.
1:11.4	So if anyone's looking for a little motivation or inspiration today
1:14.4	just channel that post bankruptcy energy that Detroit has.
	...

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