Episode 384: Neal and Toby chat about the round of funding for a startup that could transform the landscape of warfare by combining tech and military manufacturing. Then, upheaval in Bangladesh has global economies nervous about its impacts, especially in the fashion industry. Next, Warner Bros. Discovery and Paramount both had massive write-downs which further signifies the fading of linear programming. Also, Eli Lilly’s Mounjaro is winning the miracle weight-loss drug war as sales soar, while Novo Nordisk’s Wegovy is slugging behind. Meanwhile, Coca-Cola may have to owe the IRS $16 billion in back taxes. Lastly, Blackstone’s Stephen Schwarzman is developing a $100M country estate but is running into some newt headaches.
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00:00 - Costco crackdown
2:30 - AI-powered weapons
7:00 - Shakeup in Bangladesh
11:00 - Bad news for cable TV networks
14:45 - Weight-loss drug duel
18:00 - Coca-cola vs. IRS
21:30 - Newt problems
#ai #defense #weapons #military #tesla #tech #siliconvalley #coke #soda #corporate #world #global #fashion #textile #weightloss #ozempic #drugs #tv #cable #streaming #networks #hollywood #government #businessnews
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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.