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Morning Brew Daily

Spirit Airlines Grounded by Bankruptcy & New FCC Threatens Big Tech

19 Nov 2024

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Episode 456: Neal and Toby are back! They chat about Spirit Airlines filing for bankruptcy after years of its struggling business. Then, Trump hires his new chair of the FCC, Brendan Carr, who is a big proponent of Elon Musk, but a big opponent of Big Tech. Next, a Pew report shows 1 in 5 adults get their news from social media influencers as the trust in legacy media wanes. Meanwhile, dermatology is becoming the new ‘it’ job in the medical industry. Lastly, the biggest headlines to close out your day. 00:00 - Alaskan town won’t see sunlight for a while 2:40 - Spirit Airlines files for bankruptcy 7:30 - Trump’s newly appointed FCC commissioner 11:40 - People get their news from influencers 17:00 - Toby’s Trends: Dermatologists 20:30 - Final headlines! Download the Yahoo! Finance App (on the Play and App store) for real-time alerts on news and insights tailored to your portfolio and stock watchlists. 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. Get your Morning Brew Book of Crosswords HERE: shop.morningbrew.com Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow

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Full Episode

0.711 - 14.901 Advertisement Narrator

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44.042 - 53.388 Neal Freiman

Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, how Spirit Airlines went from industry disruptor to Chapter 11 bankruptcy.

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53.608 - 61.233 Toby Howell

Then who is Brendan Carr, Trump's new pick to lead the FCC? It's Tuesday, November 19th. Let's ride.

65.728 - 88.139 Neal Freiman

Good morning. It is great to be back here in the studio with you, Toby, and with you, our wonderful listeners. Anyone tuning in from Utqiagvik, Alaska? If so, I do not envy your next two months. In this city, 330 miles north of the Arctic Circle, the sun set yesterday at 127 local time, and it won't rise again until January 22nd.

89.54 - 99.168 Neal Freiman

For 64 days, residents there will be living in what's known as polar night. Makes you feel a little bit better about the sun setting at 430 here in the evening hours.

99.388 - 120.683 Toby Howell

But here's something to remember. Over the course of the year, Utqiagvik will actually experience the exact same amount of daylight as any other place on Earth. So if we fast forward to May 11th, 2025, the sun will rise in Utqiagvik and it won't set until August 19th. So there is a life lesson in there somewhere, even though you might go through periods of extended darkness or extended sunshine.

120.923 - 125.306 Toby Howell

It all evens out in the end. Now, a word from our sponsor, Yahoo Finance.

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