Warning Labels for Social Apps? & IRS Closes $50B Loophole

Morning Brew Daily

Morning Brew

Business News, News, Business

4.4 • 3K Ratings

🗓️ 18 June 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Episode 346: Neal and Toby unpack US Surgeon General Dr. Vivek Murthy’s call for a warning label on social media apps before teens log on. Then, wealthy taxpayers have been exploiting a loophole and the IRS is fed up. Next, Wells Fargo’s partnership with Bilt Rewards has been a favorite among cardholders… Except it’s costing the bank millions of dollars. Plus, print magazines aren’t quite dead yet. Toby explains why he sees a thriving trend for high-end niche print magazines. Meanwhile, McDonald’s pulls back its AI-powered drive-thrus in over 100 stores due to its (quite comical) technical flaws. Lastly, customer satisfaction across 13 sectors are getting worse and worse. Have we lost the importance of customer service? 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. 00:00 - Last time the Celtics won… 2:15 - Social media warning labels 7:15 - IRS closing big tax loophole 10:15 - Wells Fargo regretting Bilt card? 15:00 - Toby’s Trends: print magazines 18:30 - McDonald’s AI drive-thru flop 22:30 - Customer service is a lost art 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

Click on a timestamp to play from that location

0:00.0	Keep your body fueled all summer along with Factor.
0:02.2	Factor is no prep, no mess meals make eating right easy.
0:05.2	Every meal is fresh and never frozen.
0:07.2	Head to Factor Meals.com slash Morning Brew 50 and use code Morning Brew 50
0:11.2	to get 50% off your first box
0:13.1	plus 20% off your next month.
0:15.3	Good morning Brew Daily Show, I'm Neil Freeman.
0:19.4	And I'm Toby Howell.
0:20.4	Today, the tragic story of a Wells Fargo co-branded credit card.
0:24.0	Then does social media need to come with a warning label?
0:27.0	The US Surgeon General certainly thinks so.
0:30.0	It's Tuesday, June 18.
0:31.0	Let's ride.
0:37.4	Boston's long nightmare is over.
0:40.2	The Celtics won the NBA championship last night
0:42.4	over the Mavericks, ending the city's five-year
0:44.7	title drought that may not seem like a long time for people in Minneapolis or Buffalo, but it's
0:50.8	Boston's second longest span without a title since 1960.
0:55.0	It also marks the Celtic's 18th championship which moves them one pass the
0:59.0	hated Lakers for the most in NBA history.
1:01.5	Boston may not have affordable suburbs but it's got plenty of
1:04.5	trophies. I just want to take a minute to remind everyone though of the fact that the
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Morning Brew, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Morning Brew and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.