Morning Brew Daily

#910: The Los Angeles Lakers are sold for $12 billion to Josh Kushner and Bob Iger. July’s inflation report comes in just as expected. Roku has a 24/7 AI slop channel. Private equity is stuck with over 33,000 unsold businesses. Americans are traveling more than ever and they love traveling to Europe. The FAA nears a hiring goal thanks to a focus towards recruiting gamers. Finally, Count Binface captures the headlines in Britain’s upcoming election.

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#909: A total solar eclipse drives a boom in hotel bookings in far-flung places in Europe. Bumble reverses a feature that made it unique: men can now message first. Anthropic will now watermark its AI-generated content to comply with European regulators. The University of Michigan drops its first-semester grades for freshmen to help them get situated with college life. Finally, NYC mayor Mamdani wants Amazon to employ its delivery workers.

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#908: Flock cameras are a useful tool for law enforcement but there’s growing backlash of a mass surveillance state. Lake Mead plummets to historic low levels. Mark Zuckerberg releases his own manifesto on the future of AI. Toby looks into the trend to Texas’ own Wall Street – better yet, Y’all Street. Finally, Nvidia and Wall Street firms ink a deal to raise $500 billion in financing for the chipmaker’s customers.

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#907: The U.S. economy unexpectedly lost 23,000 jobs in July – a sharp miss from economists' expectation of an 83,000-job gain. Plus, more than 5,000 investors are still copying Leopold Aschenbrenner's trades, despite his hedge fund's meltdown. Burger King overtakes Wendy's as the nation's second-largest burger chain. Finally, buc-ee’s dodges John Oliver to sue another small business.

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#906: Bank of America is spending $250M a year on GLP-1 weight loss drugs for its employees. SpaceX's first post-IPO lockup expired Thursday after releasing 912 million restricted shares into the public market. A group of 20 undergraduate students at Indiana University's Kelley School of Business manages a $12 million private real estate investment fund, and AI creates its first synthetic virus.

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