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Morning Brew Daily

RIP Party City & FAA Gets a Starlink Makeover?

26 Feb 2025

Description

Episode 527: Toby and Ann dive into the deal reached between the US and Ukraine, where the US will jointly develop Ukraine’s key natural resources after some contentious negotiations. Then, two legacy retailers: Party CIty and Joann Fabrics close up shop, failing to keep up with the rise of ecommerce. Also, the FAA reached an agreement with SpaceX’s Starlink to upgrade its tech infrastructure, but the deal has some critics raising their eyebrows. Plus, PayPal wants to turn Venmo into the #1 payment app in the US. Finally, a recap of the biggest headlines from the day,  LinkedIn will even give you a $100 credit on your next campaign so you can try it yourself. Go to LinkedIn.com/MBD Terms and conditions apply. Only on LinkedIn ads. 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. Check out https://linkedin.com/MBD for more! Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Hear more from Ann on After Earnings: https://open.spotify.com/show/5I5q3LIg1ueDWoTM8AZsHQ?si=d427df87994941e2

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Transcription

Full Episode

0.603 - 19.533 Advertisement Narrator

It's smart to always have a few financial goals. And a really smart one you can set? Earning cash back on what you buy every day. And with Discover, you can. Get this. Discover automatically matches all the cash back you've earned at the end of your first year. Seriously, all of it. And we trust you to make smart decisions. After all, you listen to this show.

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19.714 - 22.055 Advertisement Narrator

See terms at discover.com slash credit card.

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25.066 - 27.807 Toby Howell

Good morning, Brew Daily Show. I'm Toby Howell.

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27.887 - 28.847 Anne Barry

And I'm Anne Barry.

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29.027 - 34.549 Toby Howell

Today, Ukraine and the U.S. have hashed out a deal to jointly develop the country's mineral deposits.

34.989 - 38.651 Anne Barry

And Party City, the party's over why all its doors are shutting down.

39.151 - 42.432 Toby Howell

It's Wednesday, February 26th. Let's ride.

47.793 - 63.781 Anne Barry

So Toby, before we start, the asteroid that was supposed to hit Earth in 2032 is absolutely not a threat anymore. Astronomers have said do not be concerned about the, quote, city killer flying space rock that was spotted in December and previously projected to have a 3% chance of hitting us.

64.182 - 76.148 Anne Barry

But after further observation, experts say we are no longer at risk, which basically means, Toby, we're going to have to sit through the release of yet another fast and furious movie. Are you so grateful that this has happened?

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