Middle East Tensions Scares Stock Market & Nike Loses Its ‘Cool’?

Episode 422: Neal and Toby discuss the rising tensions in the Middle East and how the stock market is reacting. Then, Nike sales have slumped last quarter signifying that it might not be the coolest sneaker on the streets anymore. Plus, California bans private colleges and universities from using special consideration or family connections for admissions, also known as legacy admissions. Next, CNN finally succumbs to the wave using a paywall, joining alongside other major news outlets that are fighting for new revenue streams. Meanwhile, Asheville, North Carolina was once a ‘climate haven’, as in, a city that could withstand the harshest effects of climate disasters. Unfortunately, Hurricane Helene has changed all that. Lastly, a Montana man is arrested and sentenced to federal prison for cloning a giant sheep and constructing an elaborate sheep scheme. 00:00 - What was your Bday weather? 3:10 - Middle East conflict shakes Stock Market 8:10 - California bans legacy admissions at private colleges 11:30 - Nike loses its cool? 17:15 - CNN puts up a paywall 21:50 - Climate havens are no more 25:50 - Sheep scandal Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. To learn more about how Wise could work for your business, visit https://wise.com/business/ 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