Morning Brew Daily - Solar Eclipse Economy is Booming & CA Fast-Food Minimum Wages Rise

Episode Date: April 1, 2024

Episode 291: Happy April Fool's Day! Neal and Toby explain why California raised the minimum wage for fast food workers and what cities are cashing in on tourism surrounding the upcoming solar eclipse.... Plus, what is Guyana's oil dilemma and the guys share their winners of the weekend - which may include a box office smash hit and the most popular car brands. And finally, Gmail celebrates 20 years and a look ahead to what we are watching this week. Get your Morning Brew Daily Merch HERE: https://shop.morningbrew.com/products/morning-brew-daily-sweatshirt?utm_medium=multimedia&utm_source=podcast&utm_campaign=mbd&utm_content=shownotes Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow 00:00 - Intro 03:00 - California minumum wagę  07:30 - Solar Eclipse business boom  11:30 - Guyana Oil  14:30 - Winners of the weekend  20:00 - 20 years of Gmail  22:20 - Week ahead  Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:00:00 Many employees can't afford a hefty medical bill that pops up out of the blue, but it happens. And employees who are financially stressed are, understandably, more likely to be distracted at work, costing their employers greatly in lost productivity. Luckily, AFLAC plans help with out-of-pocket expenses not covered by health insurance and can be offered at no direct cost to businesses. Learn more at aflac.com slash morningbruedaily. That's aflack.com slash morning brewdaily. Good morning, Brew Daily show. I'm Neil Fryman.
Starting point is 00:00:31 And I'm Toby Howell. Today, California is bumping the minimum wage for fast food workers up to $20 an hour, and businesses are none too pleased. And the solar eclipse is just one week away. Have you made your travel plans yet? It's Monday, April 1st. Let's ride. Well, that was our version of an April Fool's Prank.
Starting point is 00:00:57 If you're listening to the show for the first time, the joke is that I am Neil Fryman, and he is Toby Howell. Toby has been wanting to say, good morning brew daily show forever, so I'm glad April Fool's gave him the opportunity. I really have. And also, I have to compliment your Let's Ride.
Starting point is 00:01:13 You brought a different flair to it, but I still appreciate it. In other non-related April Fool's news, I would like to remind everyone that we are still running our greatest invention of all-time bracket over on Morning Brew's social accounts. To coincide with Marsh Manus,
Starting point is 00:01:28 we seated 64 inventions and impitted them against them against each other to crown the Gote, the greatest invention of all time. We've reached the Sweet 16, and Neil, take us through some matchups to watch. All right. Well, there are no Cinderella stores like NC State. The bracket is dominated by the heavy hitters. Really intrigued by the matchups in the North region.
Starting point is 00:01:47 We have wheel versus beer, and these two do not mix well together, so I'm expecting a very chippy game. And then democracy versus air conditioning to see what people value more, their freedom, or not sweating. Over in the South, I've got my eye. eye on fire versus refrigerator, fire going up against ice. It does not get any more elemental than that. That's been dubbed the Game of Thrones game. And then finally in the West, this is a true pickum, according to Vegas. Indoor plumbing versus agriculture. You just can't
Starting point is 00:02:16 imagine life without either of them. That was a heck of a breakdown, Neil. It's so chalked this year. But hey, you never know what happens next year. Head to at Morning Brew on Twitter or Instagram to vote in the next round. We'll be running the polls all day on both platforms to see who makes it to the elite eight. Now let's hear a word from our friends over at Robin Hood. Oh yeah, you heard that right. New sponsor alert, Robin Hood is the app for investing in stocks, ETFs, options for qualified traders, and much more. A lot of you listening out there are no doubt familiar with Robin Hood. They first came onto the scene with a vision of democratizing finance for all. Their big insight was to make stock trading easy for everyday people like you and me,
Starting point is 00:02:56 not just the wealthy or insiders. They were the OG pioneers of zero commission trades, other feeds apply, which kind of forced the whole industry to adapt or get left behind. So we're going to be telling you a lot more about their founding story throughout the month, but in the meantime, learn more about the free app in the App Store or Google Play Store. Disclosures, investing involves risk. Robin Hood Financial LLC, member SIPC. It's time to refresh your yard during spring backyard days at the Home Depot. Get low prices guaranteed on propane grills starting at $179, like the next grill three burner gas grill.
Starting point is 00:03:30 or get $50 off to select Weber Spirit Grill and bring big flavor to your backyard. Then set the scene with Hampton Bay string lights that bring it all together. Shop spring backyard days for seven days at the Home Depot. Now through May 6th. Exclusion supplies to homedipo.com slash price match for details. Fast food workers in California are getting a raise.
Starting point is 00:03:53 A lot of past last year is scheduled to kick in today, bringing most fast food workers' wages to at least $20 an hour. As long as you work for a restaurant with limited or no table surface that as part of a national chain with at least 60 establishments nationwide, then congrats on the extra cash. If you work for a restaurant operating inside a grocery store or a restaurant selling bread as a standalone item, then unfortunately your establishment is exempt from the new law. Business owners and franchisees have already begun to sound the alarm as to what it might mean for their restaurants. Jack in the box, Starbucks, McDonald's, and Chipotle have all warned that price hikes are in. incoming for Cali customers, while other chains have said that the amount of hours employees work will also likely fall. On the other side of the coin, though, California has doubled its minimum
Starting point is 00:04:40 wages for most workers over the last decade, and according to a labor economics professor at Berkeley, employment did not fall despite wages going up. Neal, minimum wage laws are always an interesting case study in economic cause and effect. What stands out to you about this new What stands out to me is just how big this raises. I mean, it's going from $16 an hour to $20 an hour. That's a 25% bump. Usually when you local jurisdictions increase the minimum wage, it's anywhere from 12 to 15%. And the fact that they're going 25% to $20 an hour, which is the second highest minimum wage of anywhere in the United States in a state that already is a very high cost of living and high cost in general. I just, it's a huge bump. And I think it's going to have really massive effects
Starting point is 00:05:25 across, you know, people are going to get paid more. It's a huge pay bump for, it's a huge raise for a lot of workers. And it's also going to saddle businesses with a ton of extra costs that they're not going to be able to absorb. Yeah, there is a lot of differing opinions on what this actually does whenever you increase minimum wage. A good case studies to look at Seattle. More than a decade ago, they passed a law that would gradually increase their minimum wage to $15 an hour and now actually higher. It was that famous fight for 15 campaign that eventually got the results they were looking for. As for what actually has, happened. It's a little nuance. Some businesses did okay while some did not. One 2017 University of
Starting point is 00:06:01 Washington study found that while wages went up, hours work declined, resulting in less play for low wage workers. But then a follow-up published a few years later by the same authors found that this wasn't the case for everyone. Experienced workers in low-wage jobs saw their earnings rise. So again, it's not just a black and white thing. There are different nuanced cases depending on the industry, the seniority of the worker, and kind of the part of the country you're in as well. Really? It's very, very complex. But one thing that we do think is going to happen, or at least restaurants have warned about, is that they're going to cut jobs because they just can't afford to pay workers $20 an hour. This is already happening. A Pizza Hut franchisee
Starting point is 00:06:41 cut more than 1,200 delivery drivers citing the new minimum wage law. McDonald's franchisees are saying in the state that they're going to be having to add $250,000 annually per restaurant. to their labor costs, and that's going to lead to higher prices for consumers. And fast food prices have been at the forefront of the inflation debate. I mean, talk about the Big Mac meal that got to $18 somewhere in Connecticut. You know, so this is just very much a flashpoint in the country right now. I think one thing you're definitely going to see is more automation. I mean, Burger King McDonald's, they've already rolled out all of these kiosks.
Starting point is 00:07:18 I think you're only see more of these rolled out as you try to order. you're not going to order from a person, you're going to go to a big board and a big screen. Chipotle, we made fun of the Auto Cotto, which is this guacamole making robot, but it's not somebody to make fun of anymore because you can see that restaurants will probably accelerate their automation so they don't have to pay workers anymore. I do just want to provide a quick follow up because we did speak about the bread exemption on this show prior to this. That random feeling exemption that restaurants producing and selling bread as a standalone
Starting point is 00:07:49 menu item are exempt. A lot of people thought that that was a card. out specifically for Panera bread, but it actually turns out that Panera bread isn't even exempt because they do not make their bread on premises. And also the big franchisee, who is also a big donor to Gavin Newsom's campaign, he has come out and said that he's going to pay his workers $20 an hour in line with this new law as well. So that's just one follow up to that bread cut out that caused a lot of stir when it first hit the news. All right, moving on, the total solar eclipse is just one week away and the hype is building for
Starting point is 00:08:21 an event that will be bigger than the Eros Tour, Super Bowl, and New Year's at Times Square combined. And by hype, I mean, cities are scrambling to prepare for what will be one of the largest ever mass travel events in the country's history. So where are people going to the path of totality, the sliver of North America that will be able to see the eclipse in its full glory, the moon completely obscuring the sun for about four minutes next Monday afternoon, turning day into night. The path of totality will slice through 15 U.S. states and hit major cities like Austin, Dallas, Indianapolis, Cleveland, Buffalo, Rochester, and Montreal.
Starting point is 00:08:58 About 32 million people already live within the path of totality, but millions more are expected to travel to inside the path for a once-in-a-lifetime experience. These areas are bracing for megacrouds. Over the weekend, Canada's Niagara region preemptively declared a state of emergency to help handle the eclipse hordes. Niagara Falls is expected. 1 million visitors next Monday, and it typically gets 14 million tourists all year. If we want to get a little philosophical about it all, as a whole, we kind of emerged
Starting point is 00:09:29 in the pandemic, ready to spend money, especially on these memorable experiences, spending on international travel, life entertainment. Those jumped 30% last year, five times the rate of overall spending growth. And what is more memorable than this once in a lifetime, not quite once in a lifetime? It is. The next one's not until 2044. All right. Once in a lifetime. Well, again, hopefully we're still around for 2040. Everyone is as young as us. That is so true. What's more memorable than that? Yeah, the next one is two decades away. So I do think that this is something that of course people are going to come out for. And you're, of course, we're seeing one of the largest mass travel events ever. You and I are both very excited
Starting point is 00:10:10 for it as well. Oh, I think everyone is, I mean, just look at these numbers. Indiana, which is part of it is in the path of totality. Indianapolis, it's expecting 500,000 visitors, which is seven times the attendance of the Super Bowl that Indianapolis held in 2012. Arkansas says it's going to see the single biggest tourism event they've ever had. And it's a very interesting juxtaposition because there are these big cities that are holding events
Starting point is 00:10:36 in baseball stadiums and huge convention centers. And, you know, Indianapolis has held huge events like the Indy 500 for many, many years. And then you have these really small towns also in the path of totality, ranging from Texas to Maine, that are going to see their populations triple. So they are like, we need to prepare the logistics. This is going to be absolutely insane.
Starting point is 00:10:55 We don't have enough porterpotties around to get to service all of the people who are coming into town. So it is going to be a logistical nightmare for a lot of them. And it will probably give them a ton of money as well. But it's just kind of this, you know, positive and negative effect. Right. That's been the two big infrastructure issues. Our one, cell service for, there's just going to be a lot of demand on cell towers.
Starting point is 00:11:15 but then two porta potties. It's like you can't, porta potties are sold out across the country right now. I do love all the small town stories that we're hearing. There's a ski mountain in Vermont that a pink Floyd cover band
Starting point is 00:11:27 is going to play Dark Shadow of the Moon right when the eclipse begins. But then there's also a 50-person wedding happening on the mountains peak at the same time. That's a good idea. When did they book that wedding? That's got to be the most expensive wedding
Starting point is 00:11:37 in Vermont history. Yeah, I would say that people are shone out for these once in a lifetime experiences. People have, I mean, we didn't see the last one. It was seven years ago. We did see it. Well, personally, I did not lay eyes upon it, but a lot of people have said it is a life-changing experience. Like, being in the path of totality, you can't quite wrap your mind around what's happening. So I'm sure that you'll hear us discussing this again, because as we lead up into the big day, the hype is only going to grow.
Starting point is 00:12:06 And speaking of laying eyes on it, don't actually lay eyes on. You need special eclipse glasses or your retinas will burn. Let's move on. For this next story, let's head down to the coastal waters of Guyana. It's a small nation, just 800,000 people, but it's been the fastest growing economy the past two years, thanks to an insanely rich oil field recently found just off its coast. This was the discovery of a lifetime. Estimates think that there could be $150 billion of oil and gas extracted off its coast in the next decade. But it's created a perfect storm of contrasting forces within the country, which have led to some existential questions.
Starting point is 00:12:43 Guyana isn't going to produce anywhere close to the amount of carbon emissions, bigger and wealthier countries around the world do. So should they forego the material gains, this oil will provide in the name of protecting against climate change? There was this big New York Times article that dove into these difficult questions facing the country now. Neil, what do you make of Guyana's new reality and the sudden pressures it is dealing with? Yeah, well, this really came to the forefront this weekend when a clip of a BBC journalist
Starting point is 00:13:11 interviewing the president went mega viral. I'm talking 50,000 retweets. And so the BBC journalist asked the president of Guyana about climate change and what their oil discovery means for that. And he just interrupts the journalist and goes, I'm going to stop you right there. And then goes on a three-minute lecture slash rant talking about how Guyana has one of the most abundant rainforests in the world. They're actually a carbon sink, which means that they produce less carbon than they take in because of all of their trees. They have the lowest rate of deforestation rate in the world. And I think the reason that touched a nerve is because Guyana is a very small country. It's not very wealthy. And they just have this basically ticket to economic freedom with these massive
Starting point is 00:13:55 oil fields. And they feel like the, you know, the Western world, who has reap the benefits of fossil fuels for centuries now is lecturing them on how to go about climate change, which is one of the biggest breaks they've ever gotten in this oil field. And it is completely transforming their economy. It grew 67% in 2022. So you really see the tensions playing out between a small country that finally got its ticket to economic freedom and the West that they feel like is lecturing them on climate change that they brought about. Yeah, there's a paradox kind of everywhere you look in Guyana because ecotourism used to be its biggest industry. It sold these carbon credits worth $250 million back in 2009. That was hailed it as a very good step for the country.
Starting point is 00:14:36 Then six years later, Exxon Mobil discovered oil near its. coast, and it's just been off to the races so far. And this is definitely expected to be a moneymaker. I mean, I said $150 billion of potential revenue stored in this oil field. The find is projected to become ExxonMobil's biggest revenue source by the decades end. So a lot of people are going to get rich off of this. And so you're right.
Starting point is 00:14:59 Guyon's president came out and said, why not us? We deserve the same amount of opportunity that the Western world did to kind of monetize on the backs of fossil fuels, especially. because we have this really bountiful and plentiful rainforests. Up next, the new Godzilla and King Kong movie has people coming out to theaters and droves. Plus, you'll never guess what the hottest car brand in the U.S. is right now. Study and play. Come together on a Windows 11 PC.
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Starting point is 00:16:54 to learn more. Welcome back to Winners of the Weekend, the segment where Toby and I share two things that cut down the nets. Toby, you won the pre-show underwater basket weaving contest, so you get to go first. My winner of the weekend is the Monsterverse.
Starting point is 00:17:11 It's kind of like the Marvel Cinematic Universe, but there's a lot more claws and paws involved. Godzilla and King Kong are the Montraverse version of Captain American Iron Man, and the two teamed up to bring in $80 million at the domestic box office this weekend. well ahead of the 45 to 55 million that Godzilla X Kong
Starting point is 00:17:30 the new empire was supposed to bring in. The Monsterverse is something that Warner Bros. and Legendary Pictures have been trying to cook up for over five movies now, gave Godzilla and Kong their own stand-alone movies, but then decided it was best to put them in the same timeline
Starting point is 00:17:44 and have them alternate between fighting each other and teaming up as they do in the latest film. In terms of the cinematic universes, Monsterverse has done pretty well bringing in over $2 billion at the box office so far. The Monsterverse is cooking, Neil. Yeah, I know you're a big Monsterverse fan.
Starting point is 00:18:01 Honestly, it just goes over my head. But I do find a pattern with the two biggest movies of the year, which is Dune Part 2 and this Monsterverse, Godzilla versus Kong or Godzilla and Kong. And that's, it's a huge cinematic experience. You have to experience it on the big screen. There's a lot of loud noises, a lot of CGI. There's a lot of just spectacle involved.
Starting point is 00:18:21 Same with Oppenheimer last year, which grossed over a billion dollars. So maybe you're seeing a pattern where people, are shelling out in iMacs in these large premium screen formats for these larger than life cinema spectacles so i guess this is not the end of the monster verse at all if they make a lot of money on this one yeah it is not at all the first godzilla movie from legendary pictures came out ten years ago brought in 93 million dollars this so for a fifth cool as what i was speaking it seeing it be being called it's pretty remarkable that it still has the legs to kind of stand on i do
Starting point is 00:18:53 think it just goes to show how valuable this IP is. I also think people just like seeing how different monsters stack up against each other. It does have that same Marvel cinematic universe where everyone want to see how strong is Spider-Man compared to Captain America. People want to know what would happen if King Kong fought Godzilla. So, and I think it just kind of transcends cultures as well because people know Godzilla, people know King Kong and who wouldn't want to see them punch each other. Yeah, it's huge in international markets as well, especially in China. Like, if they had to add another monster in, who would it be? Well, there's two monsters in this film.
Starting point is 00:19:27 I don't want to spoil it for anyone, but there's like, again, they're teaming up in this one. So there's the Scar King. And I don't know, you got to go deep into the Monsterverse Lord to really get a hold on it. But I'm excited to see this most recent. All right. Time for my winners, which are Kia, Hyundai and Genesis, three South Korean car brands that are just lapping the competition right now. The parent company of all three Hyundai Motor Group has climbed up the leaderboard to become the fourth largest automaker in the U.S. behind GM, Toyota, and Ford, and globally, it's number three behind Toyota and Volkswagen.
Starting point is 00:19:58 The key to its success, an expansive lineup of options from SUVs to smaller cars, and very affordable leasing options. And they're just relentless with adding new models at a time when rivals are hesitating and reevaluating their strategies. Last week at the New York International Auto Show, the trio introduced a new version of the Hyundai Tucson SUV, a new Kia compact sedan, and a luxury high performance line from Genesis called Magma. That seems like it could go in the Monsterverse. This group is also not phased by the slowdown in electric vehicle market because it's going all in on EVs. There's just no debate. Hyundai and Kia are now Tesla's top rivals in the U.S. Yeah, Hyundai has always kind of done some risky risk-taking stuff during the Great Recession in 2009.
Starting point is 00:20:43 They said anyone who bought a Hyundai and later lost a job could return it without affecting their credits. They ran that back during COVID as well. And the idea is to kind of say, like, hey, we got your back as consumers. We know what you're going through. So that has always been kind of in their DNA to take some of these risks. It also hasn't all been smooth sailing, though, because remember when all the Kia's and Hyundai's were being stolen in this kind of TikTok-infused craze that was happening, again, in response, they started giving away free stealing steering wheel rocks, offered software
Starting point is 00:21:13 and hardware upgrades. But it does look like there's a judge is expected to finalize a $145 million class action. settlement against them. So it is kind of this give and take here where, yes, it's making a lot of good strides and its share of the EV market's doing really well, but also it's running some hurdles a lot of the way. It doesn't feel like that has really affected their bottom line. But they're really taken a bite out of Tesla. Tesla had 65% market share of the EV in United States in 2022. In 2023, that declined by 10 percentage points to 55% while Hyundai Motor Group went up to 7.5%. So they're just like firing on all cylinders.
Starting point is 00:21:51 right now. I like that car metaphor there. It's April Fool's today, which marks 20 years since Google came out with Gmail and also 20 years since my friend Keith got me with a whoopee cushion in social studies class. And as much as I'd like to go over that little incident with Keith, I guess we should talk about the Gmail story. Google co-founders Larry Page and Sergey Brin were big April Fool's guys. One year they posted a job application for a position on the moon. Another year, they said they were planning to roll out a scratch and sniff version of its search engine. So when they announced a free email service boasting a shocking one gigabyte of storage per account, people thought it was just another prank. At the time, Yahoo and Microsoft were the market leaders.
Starting point is 00:22:32 It only offered space to store 30 to 60 emails. Gmail had enough storage for 13,500. It was a game changer in two decades later. Gmail is still behemoth, albeit with a little more storage than one gig. Neil, a pretty fun marketing move to drop a product so good that people assumed it, had to have been faced. I mean, it was the talk of the town in the tech world. They only initially had 10,000 invites for Gmail. So people were selling invites on eBay that were going for $250 a pop. This is part of the Gmail lore. I had no idea about. Another interesting and revolutionary
Starting point is 00:23:08 aspect of Gmail was not only this, you know, reams of free storage, but it's search function. And we take it for granted now that you can just search your email for anything that happened in millions of years or several years ago. But that was revolutionary. at the time. So Gmail really was a pioneer in email, and a lot of things we take for granted in email came out of this April Fool's announcement 20 years ago. Yeah, another thing that came out of Gmail is that automatically threading messages together about the same topic, so everything flowed together as it was a single conversation. What were we doing before that was happening? Was it all just disparate stuff? But that threading function that you come to know and maybe
Starting point is 00:23:47 not love so much today is something that came from that Gmail announcement. It also kind of ushered in this era of digital hoarding to. Because again, at the time, one gig was so much storage, it felt like that you never had to delete anything. And now, if you fast forward today, Gmail allows 15 gigabytes of storage. We still hoard a lot of our online selves, though. And there's been these robust businesses built by Google and Apple about offering paid plans for increased storage. So I wonder what would have happened if we didn't have that huge spike in storage. I guess it was kind of inevitable that it was going to come as technology produced. But I do think it's left in lasting impact on our culture of this digital hoarding that we all do now. Yeah, I mean, you can typically you
Starting point is 00:24:28 consider Facebook or something the way to look at memories of your life. But I think Gmail in the same way could be that. I mean, I sometimes go back and search for random things. And then I'm like, oh my God, I was corresponding with this person, had this great communication. So it is a way to look back on your digital life as well, which I wasn't thinking about until thinking about, you know, Gmail's 20th anniversary. Okay, let's go to our week ahead preview. The rematch everyone has been waiting for is tonight. Iowa and Caitlin Clark will face LSU and Angel Reese in a rematch of last year's women's basketball title game. In that final, LSU's contentious victory over Iowa, drew 9.9 million viewers, which is the largest TV audience ever for a women's college
Starting point is 00:25:11 basketball game. Could this game surpass that? Could? It absolutely could. I mean, it was faith that these two were going to end up against each other. I watched a lot of basketball this weekend. I watched both the Iowa game and the LSU game. LSU has looked a little shaky, I might say, but they kind of got that winning DNA. Iowa's also way better than they were last year. Last year, they were a little bit of the Caitlin Clark show. Now they have a much better supporting cast. So I think I'm taking Iowa, Neil. All right. Well, we have you on the record for that. And then meanwhile in the men's tournament, we have the final four is set. It's Yukon taking on Alabama. Yukon's a juggernaut. And Purdue is facing the talk of the tournament, the Cinderella story,
Starting point is 00:25:52 NC State, which is an 11 seed, and they had to win nine straight games to be in this position. So they are America's team at this point. I need America's team to lose, though, because if Yukon beats Purdue in the national championship, I win my family's kind of pool, so that's what I'm rooting for. And we have to give a shout out to producer, Emily, who somehow picked NC State in the final four in her bracket. So, Emily, tell us what your secret sauce is. Okay, in a very different type of contest, Disney's bid or proxy fight will have a winner on Wednesday when the company's shareholders vote on a new board. As a reminder of what this is all about, Disney CEO Bob Iger has been facing a lot of heat from activist hedge funds over a stagnant share price,
Starting point is 00:26:31 and the challengers want to get their people on the board to change the direction of the company. Tens of millions of dollars have been spent by both sides, trying to win the hearts and minds of regular Disney investors in what is up there with the most expensive proxy fight in corporate America history. Yeah, this is the Iowa LSU of the corporate world. I don't know who is who. I'm guessing Bob Iger kind of wins out here because the stock actually has been on a nice upward tick recently.
Starting point is 00:26:57 It was up 35% in the last quarter. So I think it's all about what have you done for me recently. And Bob Iger's done pretty well recently. Okay. This next event might be extremely relevant to you because if you're listening to this show on Google Podcasts, then you're going to need to find a new podcast. service. The app is being shut down tomorrow as part of Google's plan to put all of its audio services under the YouTube umbrella so you can listen on YouTube music. I see you Google podcast listeners.
Starting point is 00:27:21 We see you in our data. There's a little analytics portion that you are still there so you're not forgotten. But yes, please continue listening to the podcast if it's on YouTube or otherwise. What else is happening? The Tropicana Hotel in Las Vegas, which has been on the strip since it opened in 1957 is closing tomorrow, and the reason is the city needs to make room for a $1.5 billion baseball stadium that will be home to the athletics, which are moving to Vegas from Oakland. Never been to Vegas before, but I guess I'm missing out on the traffic can. I gosh, darn it. The jobs report for March drops on Friday, and economists are expecting another really strong
Starting point is 00:27:58 month of gains with over 200,000 jobs added. We'll be pre-gaming it outside the New York Stock Exchange if anyone wants to join with some cold brew. What kind of cold brew? series finale of Curb Your Enthusiasm is going to air on Sunday night. It's been a pretty, pretty good run, but this last season has been terrible, so I'm fine with it. I just got to make my way through Seinfeld first, and then I'll give Curb a go. I have shown Toby a lot of Curb episodes, but just the golf ones, which are like 50% of them. All right, we have to wrap it up there.
Starting point is 00:28:27 Have a wonderful Monday. And remember, don't believe anything you see or here today, especially if it's your boss asking you to do something. They're just joking. As always, please write in with any feedback or stories of epic pranks you pulled off at Morningbrewdaily at Morningbrew.com. Let's roll the credits. Emily Milliron is our executive producer. Raymond Lue is our producer. Olivia Graham is our associate producer.
Starting point is 00:28:50 Euchennawa Ogu is our technical director. Billy Minino is on audio. Hair and makeup finally showed up to work. Nah, April Fool's, that's never going to happen. Devin Emery is our chief content officer and our show is a production of Morning Brew. Great show today, Neil. Let's run it back to Mark. tomorrow. Yamava Resort and Casino at San Manuel is California's number one entertainment destination for today's superstars.
Starting point is 00:29:18 Catch the Jonas Brothers return to the Yamava Theater stage on April 30th, the powerful vocals of Demi Lovato on May 17th, and the signature Southern Country Rock of Eric Church on July 19th. Tickets on sale now at Yamavatheater.com, only at Yamava Resort and Casino, celebrating its 40th anniversary. You in? Must be 21 to enter.

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