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Congressional Insider Trading & Saks’ Luxury Goes Bankrupt
Description
Episode 103: Today, Ann reviews Congress’s fresh attempt to self-regulate their personal stock trading - will the newly proposed legislation actually curb insider trading and, as the committee chair claims, “restore the public’s trust in their elected officials”? Then we look at Saks Global’s bankruptcy filing just a year after it acquired Neiman Marcus and survey the possible beneficiaries from Macy’s Bloomingdales to discounter TJMaxx. Finally, AirBNB updates its AI leadership, Netflix updates its bid for Warner Brothers Discovery and Tesla updates its purchase terms for self-driving.
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00:00 Welcome to Brew Markets Daily
00:00 Regulating Congressional Stock Trade
00:00 Bankrupt: Saks, Neiman and Bergdorf
00:00 Market Close
Disclosure in Podcast Description: Paid endorsement. Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Not investment advice. See terms of match program at https://public.com/disclosures/matchprogram. Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.
The content shared on this podcast is for informational and entertainment purposes only and should not be considered financial, legal, or investment advice. Brew Markets, Morning Brew and their hosts are not licensed financial advisors. Listeners should conduct their own research and consult with qualified professionals before making any financial decisions or investments. The views expressed are those of the hosts and guests and do not necessarily reflect the views of Morning Brew or its affiliates. This podcast may include paid endorsements or sponsorships
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