Wall Street Battles Banker Burnout & Is OpenAI Really Worth $150B?

Wall Street Battles Banker Burnout & Is OpenAI Really Worth $150B?

Episode 409: Neal and Toby discuss Bank of America's and JPMorgan’s latest efforts to curb young bankers’ hours after increased scrutiny of Wall Street’s history of burnout. Then, Boeing’s new CEO Kelly Ortberg is begging its union to accept a deal to avoid a potentially catastrophic strike for the embattled company. Plus, OpenAI is looking to raise another $6.5B to bring its valuation to a whopping $150B as it launches a new model that is better at “reasoning.” Next, the once sought after gaming industry has faced a tough string of layoffs that is making it lose its luster. Meanwhile, Apple wants to tap into the health industry, starting with its AirPods that now be used as a hearing aid. Lastly, ever wonder what the National Security Agency is up to? Now the confidential agency is airing out all its dirty laundry with the launch of its own podcast. Juicy. 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. Visit https://www.massmutual.com/ for all your financial planning needs 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 00:00 - Friday the 13th 02:30 - Bankers Hours Capped 07:15 - Boeing Strike 10:30 - OpenAI $150B Valuation 16:20 - Gaming Industry Layoffs 20:05 - AirPods as Hearing Aids 23:15 - The NSA Launches a Podcast Learn more about your ad choices. Visit megaphone.fm/adchoices

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NYC’s Second Home Tax Picks Up Steam & Is LIV Golf About to Collapse?

NYC’s Second Home Tax Picks Up Steam & Is LIV Golf About to Collapse?

Episode 826: Neal and Toby discuss New York’s proposed pied-à-terre tax on second homes valued at $5 million or more in its latest push to ‘tax the rich.’ Next, Yale University released a report on it...

17 Apr 30min

Wait, Allbirds is Pivoting to AI? & Jury Calls Live Nation a Monopoly

Wait, Allbirds is Pivoting to AI? & Jury Calls Live Nation a Monopoly

Episode 825: Neal and Toby chat about Allbirds drastic shift from footwear to AI computing because…why not. Then, the World Cup is making its way to the Tri-State area and reports of train fares skyro...

16 Apr 27min

Taxpayers Skirt a Gutted IRS & United Eyes an American Airlines Takeover

Taxpayers Skirt a Gutted IRS & United Eyes an American Airlines Takeover

Episode 824: It’s Tax Day! Neal and Toby talk about the IRS losing its auditing powers, which has led to taxpayers looking to cheat the system. Then, JPMorgan has a strong showing for its Q1 earnings ...

15 Apr 27min

Hollywood’s Elite Protest Paramount-WBD Merger & Zuck Makes AI Clone of Himself?

Hollywood’s Elite Protest Paramount-WBD Merger & Zuck Makes AI Clone of Himself?

Episode 823: Neal and Toby chat about the drama happening in Hollywood as more than 1,000 actors, directors, and writers have signed an open letter opposing the Paramount-Warner Bros. Discovery merger...

14 Apr 25min

US Plans Hormuz Blockade & Wall Street Bigwigs Nervous About Mythos

US Plans Hormuz Blockade & Wall Street Bigwigs Nervous About Mythos

Episode 822: Neal and Toby recap the latest developments from the Iran War, with President Trump saying the US will blockade the Strait of Hormuz. Then, the release of Anthropic’s Mythos model has sha...

13 Apr 25min

DOJ Launches Antitrust Case Against NFL & Airlines Jack Up Bag Fees

DOJ Launches Antitrust Case Against NFL & Airlines Jack Up Bag Fees

Episode 820: Neal and Toby talk about the Justice Department’s case against the NFL, alleging that the league is using anticompetitive tactics to monopolize the TV rights. Then, the US March inflation...

10 Apr 27min

Markets Soar After Iran Ceasefire & Bitcoin Creator Revealed?

Markets Soar After Iran Ceasefire & Bitcoin Creator Revealed?

Episode 819: Neal and Toby recap the market moves since Trump announced a ceasefire with Iran. And, the New York Times claims they’ve narrowed down the true identity of Satoshi Nakamoto, the mysteriou...

9 Apr 27min

Anthropic’s New Model Too Dangerous for the Public? & Trump Agrees to 2-Week Ceasefire

Anthropic’s New Model Too Dangerous for the Public? & Trump Agrees to 2-Week Ceasefire

Episode 818: Neal and Toby give an update on the Iran War, with President Trump agreeing to a 2-week ceasefire. Then, reports of an all-new powerful model from Anthropic that could be a cybersecurity ...

8 Apr 29min

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