Morning Brew Daily Job Market Slowing, WWE stock soars, A day in the life of Tim Cook
Apr 7, 2023
The latest jobs report reveals a strong job market and a drop in unemployment. A trademark battle brews between Sweetgreen and Chipotle, while WWE stocks surge following a major acquisition. As the esports scene faces turmoil, Polestar shifts gears as a rising electric vehicle brand. Tim Cook's leadership style is highlighted, offering insights into a CEO's daily routine. Finally, National Beer Day brings fun facts and trends about beer consumption, celebrating its historical significance.
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Goldilocks Jobs Report
- The March jobs report signals a potential "soft landing" for the economy.
- Hiring slowed slightly but remained strong, unemployment is low, and wage growth is declining, which helps control inflation.
Burrito Bowl Battle Ends
- Sweetgreen settled Chipotle's trademark infringement lawsuit by renaming its "Chipotle Chicken Burrito Bowl."
- The new name is "Chicken Plus Chipotle Pepper Bowl."
WWE Stock Soars
- WWE's stock surged to a four-year high after its acquisition by Endeavor Group.
- Vince McMahon's net worth increased to $3.1 billion following the deal.