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The iPhone Feature Saving Lives in Maui Wildfires & Coach Owner buys Versace Parent Company for $8.5B

Morning Brew Daily

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Wildfires, Luxury Mergers, and NYC Rentals

This chapter explores the recent wildfires in Maui and the pivotal role satellite technology played in emergency responses, especially highlighting Apple's significant investment in this area. It also addresses the economic repercussions for Maui's tourism-driven economy amid the devastation caused by the fires. The conversation shifts to the luxury fashion sector's mergers amidst a slowing market and examines the contradictions in New York City’s rental market, where rising rents coexist with increasing inventory and a declining population.

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