uber profit

US prosecutors have charged Donald Trump in connection with his attempts to overturn the results of the 2020 election, Uber reported its first operating profit, and Fitch Ratings has cut the US debt rating from triple A to double A plus. Plus, the US Federal Reserve has become a target for Republican presidential candidates. 

Mentioned in this podcast:

Donald Trump indicted over attempt to overturn 2020 election

Uber makes first operating profit after racking up $31.5bn of losses

Fitch strips US of triple A rating after borrowing stand-off

Ron DeSantis vows to crack down on Federal Reserve’s ‘social engineering’

Uniper’s chief vows to deliver a ‘good return’ for Berlin after state rescue

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. 

Read a transcript of this episode on FT.com

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J+M break down Uber and Pinterest's Q2 earnings (2:42), and Jason makes a Jay Trade live on air (18:51). Then, The Lanby CEO Chloe Harrouche joins to break down approaching primary care from a customer-centric perspective. (49:40)

(0:00) Jason and Molly tee up today's show! Big news day + a great early-stage founder interview

(2:42) $UBER Q2 earnings: doubled revenue y/y, FCF positive, rides business is back to pre-pandemic levels

(13:12) Vanta - Get $1,000 off automating your SOC 2 at https://vanta.com/twist

(14:24) Does Airbnb have similar pricing controls as Uber?

(18:51) Jason does a LIVE Jay Trade and explains his investment thesis! ***NOT investment advice

(27:28) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST

(28:45) $PINS Q2, Should public CEOs be able to retain super-voting shares?

(38:01) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist 

(39:08) Jason proposes a perfect merger target for Pinterest

(45:44) Jason and Molly tee up the interview with The Lanby CEO Chloe Harrouche

(49:40) Chloe breaks down approaching healthcare from a customer-centric POV, pricing model, unit economics, and more

(1:06:09) Onboarding doctors, scaling the business, opaque pricing in healthcare