Morning Brew Daily New Balance’s Big Basketball Ambitions & The Rich Are Ditching The UK
69 snips
Jun 26, 2025 A potential merger between Shell and BP could reshape the oil industry landscape. New Balance is making waves in basketball by teaming up with NBA star Cooper Flagg. Meanwhile, a large number of millionaires are leaving the UK for the UAE and the US, driven by changing tax regulations. The discussion also touches on the skilled labor shortage in U.S. manufacturing and Pixar's challenges with original content following the underwhelming performance of 'Elio.' Plus, insights into dating app trends and the impact of a documentary on public perception.
AI Snips
Chapters
Transcript
Episode notes
Choose Flat Fee Financial Advisors
- Avoid financial advisors who charge a percentage of assets under management fees.
- Consider advisors like Domain Money who charge flat fees and focus on smarter money management.
Shell and BP Oil Industry Dynamics
- Shell and BP are major UK oil supermajors with diverging strategies and market values.
- Speculation of Shell acquiring BP reflects BP's struggles and ongoing consolidation in the oil industry.
New Balance’s Basketball Breakthrough
- New Balance signed Cooper Flagg, the NBA number one draft pick, as a key basketball marketing move.
- Flagg's local ties and athlete roster give New Balance a competitive edge despite being fourth in sportswear revenue.