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cover of episode Boeing Union Rejects Latest Deal & Anthropic’s AI Controls Your PC?

Boeing Union Rejects Latest Deal & Anthropic’s AI Controls Your PC?

2024/10/24
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Morning Brew Daily

Key Insights

Why did Boeing's machinist union reject the latest labor deal?

Workers still resent the 2014 contract, feeling taken advantage of. The new deal, while more generous, didn't address pension reinstatement, a major sticking point.

Why did the Consumer Financial Protection Bureau fine Apple and Goldman Sachs?

For mishandling consumer disputes related to the Apple Card, failing to pass on disputes and not following correct procedures when they did.

What is the significance of Anthropic's new AI agent feature?

It allows AI to autonomously perform computer tasks, interacting with apps and the web to complete complex tasks, potentially boosting productivity.

Why have MBA applications increased?

Recent college grads in white-collar positions are struggling to find work, leading to a surge in MBA applications as a way to level up skills.

Why are fewer cars being painted in colors other than black, white, silver, or gray?

Automakers cut costs by offering fewer trim and paint options, a trend accelerated by the 2008 financial crisis.

What is the largest known prime number?

2 to the 136,279,841st power minus 1, discovered by Luke Durant, a former NVIDIA employee.

Chapters

Boeing's machinist union rejects a new labor deal, extending the strike that has halted nearly all plane production. The company faces a $6.1 billion loss and a challenging turnaround plan.
  • 65% of Boeing's machinist union rejected a new labor deal.
  • The deal included a 35% wage increase over four years and increased retirement contributions.
  • Boeing reported a $6.1 billion loss, its biggest since 2020.
  • CEO Kelly Ortberg's turnaround plan includes overhauling company culture and moving to the Seattle area.

Shownotes Transcript

Episode 438: Neal and Toby recap Boeing’s Q3 earnings, reporting a massive $6B loss amid chaos all across the company. Then, Apple and Goldman Sachs are hit with a combined $89M fine by the US Consumer Financial Protection Bureau for allegedly misleading Apple Card customers. Plus, Anthropic AI releases their upgraded Claude 3.5 Sonnet model that can control a user’s computer. Next, Neal shares his favorite numbers on MBAs, car colors in America, and the largest known Prime number. Lastly, other news that you need to know. 

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00:00 - Run Club

02:30 - Boeing woes

07:50 - Apple card issues

10:40 - Anthropic AI and PCs 

16:00 - MBA enrollments 

19:00 - Car colors

21:30 - Biggest prime number

24:15 - Headlines Rundown

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