Morning Brew Daily
Macy’s Panics Over $154M Expense Cover Up & Space Rocket Wars Heat Up
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Show notes
Episode 461: Neal and Toby chat about the damage control Macy’s is having to do after finding out an employee hid $154M in delivery expense from its books, right before its earnings call. Then, California Governor Gavin Newsom offers a tax credit to counteract the possible repeal of a federal tax credit for EVs by the Trump administration. Meanwhile, Toby looks at the trend of basic coding becoming less popular, and now it’s all about AI coding. Lastly, the biggest headlines to know to end your day.
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00:00 - Trump Proposed Tariffs
03:00 - Macy’s Missing $154M
07:55 - California EV Rebate
12:00 - RocketLab vs SpaceX
17:20 - Toby’s Trends
22:20 - Headlines
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