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
2:30 - Trade war renewed
7:40 - First Brands implodes
12:00 - Nobel Prize goes to economists
16:00 - James Franklin gets $45M buyout
20:00 - 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
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.