Klarna Losing Millions on "Burrito Loans" & People Love Trader Joe's
Klarna piles on losses & people are obsessed with Trader Joe's
Episode 587: Neal and Toby talk about Klarna’s mounting losses from customers failing to pay off their ‘buy now, pay later’ loans. Then, a Chinese EV battery maker emerges as a winner from the US-China trade war with one of the biggest IPOs of the year. Plus, Axios just released their Harris Poll 100 which shows which brands customers trust the most, and Trader Joe’s tops the list, while Tesla continues to fall. Next, a match to find out who is the best of the worst as Manchester United faces off against Tottenham for a spot in the Champions League.
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00:00 - Palindrome Dates
02:40 - Klarna Woes
07:40 - Chinese EV IPO 11:20 - Beloved Brands
15:45 - Europa League Final $$$
19:40 Headlines
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