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Slate Money

Why Were the Striking Dockworkers Unpopular?

Slate Money

Slate Podcasts

Investing, Business

4.3988 Ratings

🗓️ 5 October 2024

⏱️ 58 minutes

🧾️ Download transcript

Summary

This week: the Longshoremen’s strike is over, and economic disaster has been averted. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the strike, sketchy union leader Harold Daggett, and how the White House put its thumb on the scales to help cut a deal. Also: OpenAI just had a $6.6 billion investment round, but the company is bleeding losses. Then: Dish Network wants to buy DirecTV for $1, but the bondholders who own its billions in debt might kill the deal. In the Plus bonus mini-episode: It's a chicken tender world, and we’re just livin’ in it. The hosts discuss how chicken tenders (and nuggets and fingers) came to dominate American dining. (Even if Felix never eats at those sorts of places.) Then — bonus within the bonus — Felix and Emily get into a debate about Long Island pizza vs. Manhattan pizza. Want more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen.  Podcast production by Jared Downing and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello! Hello, welcome to Slate Money, your guide to the business and finance news of the week.

0:17.0

I'm Felix Hammond of Axios here with Emily Peck of Axios.

0:21.0

Hello.

0:22.0

With Elizabeth Byers, that's been New York Times in Slating Places. Hecka

0:28.7

with Elizabeth Bires, sitting in New York Times, in state places. We are going to talk about the striking longshoremen who aren't

0:29.2

striking anymore. This was the news of the week. They went on strike and then they went off strike.

0:33.6

So we're going to talk about what happened there. We're going to talk about open AI and this amazing

0:39.2

6.6 billion dollar funding round that they raise

0:42.6

with probably isn't enough money

0:44.0

to keep the lights on for all that long.

0:46.2

We are going to talk about the astonishingly weird acquisition

0:51.1

of DISH networks by Direct TV and all of the financial

0:54.8

legend of men that comes along with that. We are going to take a chicken tender

0:59.9

out of roaring kitty's bucket and talk about chicken tenders in sleep lurs.

1:06.0

It's all coming up on sleep money.

1:10.0

Adobe Express makes it quick and easy to create everything I need for my business.

1:17.0

From social posts, Tik-Tocks and flyers, all in just a few clicks.

1:22.0

Get Adobe Express for free.

1:24.0

Search for Adobe Express to find out more.

1:27.0

When Kate and Jervais founded Health and Her in 2019,

1:31.0

they set out to transform Menopause Care.

1:34.0

Through Barclay's Eagle Labs, they gained specialist industry and business expertise,

...

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