Political Landscape in France and the UK, Luxury Retail Mergers, and Media Deal Approval

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The chapter delves into the political situation in France and the UK following recent elections, discussing challenges faced by Macron's government and the new leadership in the UK amidst economic uncertainties. It also covers the luxury retail industry's power dynamics with the Saks Fifth Avenue and Neiman Marcus merger facilitated by Amazon, as well as the media deal approval between Skydance Media and Paramount Global. Additionally, the chapter touches on the underrepresentation and financial disparities of female athletes in sports.

Episode 360: Neal and Toby recap the historical elections happening across the pond in the UK and France, and how they will impact the US markets. Then, some mega mergers from over the weekend: Saks Fifth Avenue and Neiman Marcus create a luxury behemoth, Skydance and Paramount link up, and Six Flags and Cedar Fair become the largest amusement park operator in the US. Meanwhile, four volunteers emerge from NASA’s year-long experiment simulating what it’d be like to live on Mars. Also, Steve Ballmer briefly surpasses his former boss, Bill Gates, in net worth. Plus, the Caesar salad turns 100 which reignites the debates of who actually invented the iconic dish. Lastly, the biggest news you need to know this week.

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00:00 - Boeing pleads guilty

3:00 - French election surprise

6:30 - UK elections

9:30 - Saks Fifth Avenue merges with Neiman Marcus

12:00 - Paramount merges with Skydance

14:45 - Weekend winners: Mars crew & Steve Ballmer

19:45 - 100-year anniversary of the caesar salad

23:00 - Week ahead

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