US-China Trade War Reignited? & The Bankruptcy Shaking Wall St.

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 14 October 2025

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 691: Neal and Toby unpack the latest chapter in the US-China trade war and how markets reacted to tensions renewed. Then, auto-parts supplier First Brands has its CEO step down after a financial implosion leaves billions of dollars of debt. Next, the Nobel prize is awarded to 3 economists who introduced the concept of “creative destruction” to describe the economic growth made by innovations. Meanwhile, recently fired Penn State coach James Franklin gets paid an exorbitant amount to leave. Finally, what you need to know in the week ahead. 00:00 - Trivia night 3:15 - Trade war renewed 8:15 - First Brands implodes 12:30 - Nobel Prize goes to economists 18:30 - James Franklin gets $45M buyout 22:30 - Week Ahead Get your paper tablet at https://www.remarkable.com today Get your MBD live show tickets here! https://www.tinyurl.com/MBD-HOLIDAY 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. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠ 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	Being hangary gives you tunnel vision. Nothing matters, not even that project brief do in an hour, besides eating and eating good. That's why carrying David protein bars can be crucial. They have 28 grams of protein, 150 calories, and zero grams of sugar. So they're ideal for when you need a quick, high protein snack. The bars tend to sell out online, but you always can check their
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0:32.0	Davidproteen.com slash MBD.
0:38.5	Good morning, Brew Daily Show.
0:41.4	I'm Neil Fryman.
0:42.2	And I'm Toby Howell.
0:43.1	Today, the U.S. and China are fighting again, sending markets on a roller coaster ride.
0:47.9	Then a little-known auto parts seller went bankrupt.
0:50.9	So why is Wall Street shaking in their boots?
0:53.2	It's Tuesday, October 14th. Let's ride.
1:00.2	Good morning. Hope you all had a relaxing three-day weekend. Toby, get into anything fun? Yeah,
1:05.9	I went to Providence for my soccer alumni weekend and then slept 16 hours on Sunday. Pretty good weekend.
1:11.3	Straight through? Straight through. Oh my God. Well, I watched Annie Hall after Diane Keaton died.
1:16.7	She really was a genius and started the wire for the first time. I've already learned so much
1:21.4	from Omar Little about life. Let's move ahead to this week. If your brain isn't fully kicked into gear, it surely will be tonight when over 100 of you get your wits tested at our monthly Morning Brew Daily Trivia night. We're looking forward to seeing so many of you there. And if you can't make it, maybe turn on Jeopardy in Solidarity. These have been so fun. 6 p.m. at a sweet bar in Midtown. As always, my favorite part is meeting all of you all in
1:44.8	person. My second favorite part is seeing how angry you get when we introduce a category that
1:49.5	requires both a deep familiarity of Danish literature and the 2004 Red Sox. If you're not New York
1:55.8	City base or aren't able to make it, may I direct you to our live holiday show on December 4th,
2:01.4	way bigger,
2:06.8	a lot more seats, and a lot of outer towners coming in as well. Trivia tonight, holiday show in December seems like a great slate of events. And now a word from our sponsor, Remarkable, Neil,
2:13.0	how would you grade your note-taking skills? I mean, I'm not a court stenographer, but...
	...

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