Medicare’s $6B Savings on Costly Drugs & Musk’s Unhinged Image Chatbot

Medicare’s $6B Savings on Costly Drugs & Musk’s Unhinged Image Chatbot

Episode 389: Neal and Kyle discuss Biden’s historic Medicare negotiating power that is set to discount many drugs for Americans, an estimated cost savings of $6B. Then, Walmart reports their earnings and it looks like the retail king keeps their crown as sales hit a near all-time high. Next, Musk releases a new version of his image generator, Grok, which doesn’t care too much about the rules most AI tools should abide by. Meanwhile, the FTC finalizes a ban on fake reviews that companies use to coax customers. Plus, newly minted Starbucks CEO Brian Niccol gets a hefty pay package, dubbing him the ‘LeBron James’ of restaurants. Lastly, Steve Ballmer’s $2B Inuit Dome, home of the LA Clippers, is set to open with a performance by Bruno Mars. Checkout https://beehiiv.link/morning-brew-daily and get a 30 day free trial and also 20% off 3 months with code BREW 00:00 - Emergency Subway meeting 3:30 - Medicare savings 8:10 - Walmart keeps its crown 12:00 - Grok is running amok 16:12 - FTC wants no fakes 20:00 - Starbucks Big Bucks 23:30 - Inuit Dome is here Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316 Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

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Episoder(939)

Hollywood’s Tech Founder Villain Era & Meta’s Muse Soars to Top of App Store

Hollywood’s Tech Founder Villain Era & Meta’s Muse Soars to Top of App Store

#937: A searing Elon Musk documentary nears US release as Hollywood is increasingly putting out critical portrayals of today’s tech founders. California lawmakers vote to increase transparency over in...

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Would You Only Eat “Made in USA” Beef? & Being a Bridesmaid is Becoming Too Costly

Would You Only Eat “Made in USA” Beef? & Being a Bridesmaid is Becoming Too Costly

#936: As the Trump administration tries to alleviate beef prices by importing foreign meat, they’re considering slapping ‘Made in USA’ labels on products. Cybersecurity stocks get a jolt amid fears of...

18 Sep 31min

Fed Raises Rates for the First Time in 3yrs & What Happened to Ed Sheeran’s Tour

Fed Raises Rates for the First Time in 3yrs & What Happened to Ed Sheeran’s Tour

#935: The Fed raises rates for the first time in 3 years to fight inflation. Household incomes have reached a new high and poverty hits a new low, even as Americans are feeling the affordability pinch...

17 Sep 34min

Canada Wants to Link Up with the EU & America Reveals its Space Weapon

Canada Wants to Link Up with the EU & America Reveals its Space Weapon

#934: Canadian PM Mark Carney seeks a special relationship with the EU as it shuns the US, according to reports. Despite numerous proposals, Congress can’t agree on any substantial AI regulation. The ...

16 Sep 34min

EPA Lifts Emissions Limits on Power Plants & Hyrox Finds Itself in a Stinky Situation

EPA Lifts Emissions Limits on Power Plants & Hyrox Finds Itself in a Stinky Situation

#933: The EPA removes a rule that limits planet-warming greenhouse gas emissions by power plants. AI stocks are feeling the effects of leaders uniting and calling for the slowdown of AI progress. Ten-...

15 Sep 31min

AI Leaders Agree to Slow Things Down & Tesla Makes a Surprising Comeback

AI Leaders Agree to Slow Things Down & Tesla Makes a Surprising Comeback

#932: Anthropic’s Dario Amodei and OpenAI’s Sam Altman agree on the need to slow AI’s development. Drone attacks in the Middle East caused Saudi Arabia to shut down the East-West oil pipeline. Tesla r...

14 Sep 29min

Will AI Actually Kill Us All? & It’s True–Online Returns Are Getting Harder

Will AI Actually Kill Us All? & It’s True–Online Returns Are Getting Harder

#931: Anthropic researchers believe AI has a real chance of “killing all humans,” and the world is (deservedly) freaking out. Oil prices surge past $100 a barrel and it’s shaking the bond markets. Com...

11 Sep 32min

Apple Reveals $2K Foldable iPhone & NFL Australia Game Decided by Sleep?

Apple Reveals $2K Foldable iPhone & NFL Australia Game Decided by Sleep?

#930: Apple unveils its foldable iPhone for the hefty price of $1,999. Meta launches its own AI assistant that can interact with other apps and even make payments for you. The NFL is back and their as...

10 Sep 32min

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