Morning Brew Daily Medicare’s $6B Savings on Costly Drugs & Musk’s Unhinged Image Chatbot
Aug 16, 2024
The podcast dives into Biden's groundbreaking move to negotiate Medicare drug prices, potentially saving $6 billion for Americans. Walmart impressively maintains its retail dominance with soaring sales figures. Elon Musk introduces Grok, an AI chatbot that flouts traditional ethical guidelines, raising eyebrows. The FTC takes action against fake reviews, tackling deceptive practices in marketing. Meanwhile, Starbucks' new CEO secures a lucrative pay package, and the much-anticipated Inuit Dome, home to the LA Clippers, prepares to open with a star-studded performance.
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Subway's Struggles
- Subway held an "emergency meeting" to address declining sales, which are down 10% from last year.
- Heavy discounts and promotions are impacting profits, and even celebrity endorsements aren't helping.
Fix Subway
- Bring back the $5 footlong to revive Subway's sales.
- This simple change could be the key to fixing the company's financial woes.
Medicare Negotiates Drug Prices
- Medicare negotiated lower drug prices for the first time, potentially saving billions.
- This historic move, part of the Inflation Reduction Act, aims to make medications more affordable.