Episode 624: Neal and Toby unpack Ferrero, the maker of Nutella, acquiring the cereal maker Kellogg in a nearly $3B deal. Then, the Pentagon becomes the largest shareholder for a rare earth mining company. Also, Delta shares jumped 11% signaling traveling is stabilizing. Meanwhile, there’s in-fighting in the matcha community that is leading to a shortage. Plus, Varda Space just bagged $187M in funding to make drugs in space.
00:00 - No love for Bill Ackman’s tennis debut
3:00 - Massive cereal deal
7:30 - Pentagon invests in rare-earth
11:00 - Delta soars
15:00 - Matcha mayhem
18:15 - Space drugs boost
21:00- Sprint Finish!
Meet your local home loan expert at https://mortgagematchup.com/?utm_source=morning_brew&utm_medium=podcast
Join this channel to get access to perks:
https://www.youtube.com/channel/UCJGeBpBh9_Q0B_EKPmj14Pg/join
Listen to the podcast here: https://www.swap.fm/l/mbd-note
Follow us on Twitter: https://twitter.com/mbdailyshow
Follow us on Instagram: https://www.instagram.com/mbdailyshow/
Follow us on TikTok: http://www.tiktok.com/@mbdailyshow
Sign up for the Morning Brew Newsletter: https://www.morningbrew.com/daily/subscribe?utm_campaign=mbd_yt&utm_medium=multimedia&utm_source=youtube
Morning Brew Daily, a daily talk show that covers the latest news on business, the economy, and everything else, with Neal Freyman and Toby Howell. Witty, informative and everything you need to start your day. Available on all podcasting platforms and Youtube.