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Episode 266Aug 28, 2020

The weirdest thing happening in American business right now

Not that thing, the other thing.

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People walk past a Walmart in Washington, D.C. The company's sales surged in the second quarter.
People walk past a Walmart in Washington, D.C. The company's sales surged in the second quarter.
Andrew Caballero-Reynolds/AFP via Getty Images

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No, not Amazon’s new tone-policing wearable, though we’ll get to that. And no, not the Fed turning up the heat on inflation — but we’ll cover that, too. The weirdest thing happening at this very weird time is that Walmart is teaming up with Microsoft to buy TikTok. On today’s show, we’ll talk about why a retail giant would want to own a video app. We’ll also talk a little bit about poop. It’s a weird day.

Here’s everything we talked about today:

The Team