Meta Offers $100M to Poach OpenAI Talent? & Nippon Closes $14B US Steel Deal

Meta Offers $100M to Poach OpenAI Talent? & Nippon Closes $14B US Steel Deal

Episode 608: Neal and Toby recap the Fed meeting where Fed Chair Jerome Powell continues to hold rates steady. Then, Nippon closes its acquisition of US Steel with the US getting the rare ‘golden share’ of the deal. Also, Sam Altman is spilling the beans about Meta’s attempt to poach OpenAI’s talent with $100M offers. Meanwhile, Neal shares his favorite numbers: a new meme stock, the office supply, and the cost of being a sports fan nowadays. 00:00 - Tune in for our branding deep dive! 2:30 - Fed keeps it chill 6:30 - Nippon closes the steel deal 11:00 - Meta tries to poach OpenAI talent 15:30 - Meme stock madness 18:10 - Office glut cleanup 21:00 - It’s expensive to be a sports fan 24:40 - Sprint Finish! Gain the edge with Amazon Ads by going to advertising.amazon.com/startnow 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. Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(831)

Banks losing billions, Biden's budget and Czech Baseball Team side hustles

Banks losing billions, Biden's budget and Czech Baseball Team side hustles

Episode 14: Neal and Toby explain why banks are losing billions after the stumble of SVB financial group. They also take a look at President Biden's budget proposal and what it could mean for the weal...

10 Mar 202325min

Yeezy's push Adidas losses, Betting on the WWE?, LA Clippers love toilets

Yeezy's push Adidas losses, Betting on the WWE?, LA Clippers love toilets

Episode 13: Neal and Toby take a look at why Adidas is warning of their first annual loss in over 30 years after their billion dollar fallout with Yeezy. They also discuss why the WWE is looking to le...

9 Mar 202326min

Mexican Medical Tourism, DOJ vs JetBlue & Spirit, ChatGPT meets Slack

Mexican Medical Tourism, DOJ vs JetBlue & Spirit, ChatGPT meets Slack

Episode 12: Neal and Toby take a look at the economics behind Mexican medical tourism after two Americans were killed in a Cartel mix up after traveling to the country for a plastic surgery procedure....

8 Mar 202327min

California to cut ties with Walgreens, EV Bike Fires, Swiss Chocolate Drama

California to cut ties with Walgreens, EV Bike Fires, Swiss Chocolate Drama

Episode 11: Neal and Toby discuss California cutting ties with Walgreens over the pharmacy's position on abortion pills. They also get into the implications of EV bike fires and why the Swiss are putt...

7 Mar 202325min

Companies push 'premium' products,  Amazon HQ2 delay, ChatGPT student survey

Companies push 'premium' products, Amazon HQ2 delay, ChatGPT student survey

Episode 10: Neal and Toby discuss the economic strategy that companies are taking pushing higher end products to maintain profits. They also dig into Amazon pausing construction on their new headquart...

6 Mar 202324min

Can Only the Rich Buy A House? Whiskey Fungus, Glassdoor for NFL Teams

Can Only the Rich Buy A House? Whiskey Fungus, Glassdoor for NFL Teams

Episode 9: Neal and Toby break down why you have to make more money than ever to own a home. Good luck millennials! Also what The Last of Us and Jack Daniel's have in common. Plus the NFLPA released r...

3 Mar 202327min

Tesla Investor Day Underwhelms, TikTok Time Limit, Tequila & High Noons?

Tesla Investor Day Underwhelms, TikTok Time Limit, Tequila & High Noons?

Episode 8: Neal and Toby discuss why Elon's Master plan fell flat at Investor Day. They'll examine TikTok's new time limit for teens and why Eli Lilly is slashing insulin prices. Neal tells us why sti...

2 Mar 202325min

Goldman Sachs CEO On Hot Seat?, High Cost of Vaping, Biden Chip Plan

Goldman Sachs CEO On Hot Seat?, High Cost of Vaping, Biden Chip Plan

Episode 7: Neal and Toby discuss the consumer product drama surrounding Goldman Sachs CEO David Solomon. Also why vapes might be getting more expensive, and how President Biden is taking some excess p...

1 Mar 202324min

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