Medicare’s $6B Savings on Costly Drugs & Musk’s Unhinged Image Chatbot

Morning Brew Daily

Episode 389: Neal and Kyle discuss Biden’s historic Medicare negotiating power that is set to discount many drugs for Americans, an estimated cost savings of $6B. Then, Walmart reports their earnings and it looks like the retail king keeps their crown as sales hit a near all-time high. Next, Musk releases a new version of his image generator, Grok, which doesn’t care too much about the rules most AI tools should abide by. Meanwhile, the FTC finalizes a ban on fake reviews that companies use to coax customers. Plus, newly minted Starbucks CEO Brian Niccol gets a hefty pay package, dubbing him the ‘LeBron James’ of restaurants. Lastly, Steve Ballmer’s $2B Inuit Dome, home of the LA Clippers, is set to open with a performance by Bruno Mars.

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00:00 - Emergency Subway meeting

3:30 - Medicare savings

8:10 - Walmart keeps its crown

12:00 - Grok is running amok

16:12 - FTC wants no fakes

20:00 - Starbucks Big Bucks

23:30 - Inuit Dome is here

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