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   Daily Brew // Morning Brew // Update
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     Why Starbucks is struggling...
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             May 04, 2024
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               Good morning.
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              May The Fourth Be With You. It’s Star Wars Day, a celebration of the popular film series, Star Wars.
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               —Cassandra Cassidy, Matty Merritt, Sam Klebanov, Abby Rubenstein, Neal Freyman
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               MARKETS
              </h3>
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                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDkxNzIzfQ:1s3C44:hj-pcZ9QFIqudubdVz16bJrbJtGhJhwLMYJnkLHvO4w" style="width:22%" width="20"/>
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                  Nasdaq
                 </p>
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                  16,156.33
                 </p>
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                     +1.99%
                    </p>
                   </td>
                  </tr>
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                </td>
               </tr>
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             </td>
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                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDkxODcyM30:1s3C44:2ox81x3y9WS2OHlx2iKyhEiOUdKwhjHKzveO3VIkdmI" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
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                  S&amp;P
                 </p>
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                  5,127.79
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top: 8px; padding-bottom: 8px;" valign="middle">
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                     +1.26%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END S&P -->
            <!-- Dow -->
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                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDkyMDE3M30:1s3C44:3AC35hNIl8y7wqNe9z9abeEHf--opaJ8EDDaTKBNr0k" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px; white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
                  Dow
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
                  38,675.68
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top: 8px; padding-bottom: 8px;" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="width:70%;border-collapse:collapse; margin: 0 auto;">
                  <tr>
                   <td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #BEF2BA; background-color: rgba(40, 211, 26, 0.3);" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
                     +1.18%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Dow -->
            <!-- 10-Year -->
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                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fe4a85d043f857cc8adaca9d546c099f6d7db37ba-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDkyMjU2NH0:1s3C44:w0fqKnk_R9eTwU8eRKIgH-6O3fHD-sQPbchdtfb1Jak" style="width:22%" width="20"/>
                </td>
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                  10-Year
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
                  4.500%
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top: 8px; padding-bottom: 8px;" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="width:70%;border-collapse:collapse; margin: 0 auto;">
                  <tr>
                   <td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #FFB3B3; background-color: rgba(255, 3, 3, 0.3);" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
                     -7.1 bps
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END 10-Year -->
            <!-- Bitcoin -->
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                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDkyNDIyM30:1s3C44:EQg_HacHKsjKUy-qMWsvjKi3gCVG45am1e1x5WJUZYc" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
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                  Bitcoin
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
                  $62,767.75
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top: 8px; padding-bottom: 8px;" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="width:70%;border-collapse:collapse; margin: 0 auto;">
                  <tr>
                   <td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #BEF2BA; background-color: rgba(40, 211, 26, 0.3);" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
                     +6.23%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Bitcoin -->
            <!-- Amgen -->
            <tr>
             <td class="pads10 pads6m lastline" style="border-bottom:1px solid #e6e6e6;padding-bottom:0;text-align: center; border-top: 1px solid #e6e6e6; mso-padding-alt: 0 20px 0 20px;">
              <table border="0" cellpadding="0" cellspacing="0" role="presentation" style="border-collapse:collapse;" width="100%">
               <tr>
                <td align="center" class="markets-arrow-cell" style="width:12%;text-align: center; line-height: 1em;" valign="middle">
                 <img alt="" class="markets-arrow" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F6097ec1c26b17401a61bfbfe4440c75ebfea1886-44x39.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDkyNTc1Nn0:1s3C44:eF0P8ZDd50uS-YvQcMW7Kc47D88Q1hZc33MC_aLroUc" style="width:22%" width="20"/>
                </td>
                <td class="markets-ticker-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px; white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
                  Amgen
                 </p>
                </td>
                <td class="markets-value-cell" style="width:34%" valign="middle">
                 <p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: left;">
                  $311.29
                 </p>
                </td>
                <td class="markets-bubble-cell" style="width:20%;padding-top: 8px; padding-bottom: 8px;" valign="middle">
                 <table border="0" cellpadding="0" cellspacing="0" class="markets-bubble" role="presentation" style="width:70%;border-collapse:collapse; margin: 0 auto;">
                  <tr>
                   <td style="padding-left: 8px; padding-right: 8px; padding-top: 10px; padding-bottom: 10px; border-radius: 8px; background-color: #BEF2BA; background-color: rgba(40, 211, 26, 0.3);" valign="middle">
                    <p class="pad0 mar0 markets-table-text" style="line-height:22px;margin-top:0;margin-bottom:15px;padding:0;margin:0;font-size:16px;white-space: nowrap; font-weight: bold; vertical-align: middle; line-height: 1em; text-align: center;">
                     +11.82%
                    </p>
                   </td>
                  </tr>
                 </table>
                </td>
               </tr>
              </table>
             </td>
            </tr>
            <!-- END Amgen -->
            <!-- START REGULAR TEXT -->
            <tr>
             <td style="padding: 3px 15px 10px 15px">
              <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; font-size:13px;">
               <tr>
                <td style="padding-right:4px;">
                 Data is provided by
                </td>
                <td style="margin: 0; padding-right:5px;">
                 <a class="" style="display: block;" target="_blank">
                  <img height="16px" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F61a0dac0b53d6766459afdca784ae8fe604f17ed-720x102.png%253Fh%253D32%2526q%253D100%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDkyNzIxfQ:1s3C44:11VXcTkUsdw7JBkZstKQnOc7s4n6PkvGYhknYdZEBYo" style="height: 16px; display:inline; vertical-align:middle"/>
                 </a>
                </td>
               </tr>
              </table>
              <p style="line-height:22px;margin-top:0;margin-bottom:15px;padding: 0; margin: 0; text-align: left; font-size: 13px;">
               *Stock data as of market close, cryptocurrency data as of  2:00am ET.
               <a class="link-sm" rel="noopener" style="border-bottom:1px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
                Here's what these numbers mean.
               </a>
              </p>
             </td>
            </tr>
            <!-- END REGULAR TEXT -->
            <tr>
             <td style="padding: 0px 15px; mso-padding-alt: 0px 15px 15px 15px;">
              <ul style="margin-top:0;padding-left:30px">
               <li style="line-height:22px;margin-bottom:10px">
                <span>
                 <strong style="color:#000">
                  Markets:
                 </strong>
                </span>
                <span>
                 Stocks
                </span>
                <span>
                 <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
                  climbed up
                 </a>
                </span>
                <span>
                 like a squirrel that just noticed your dog approaching, with last month’s jobs data convincing investors that JPow might be in a rate cutting mood soon. Apple soared following its announcement of a massive share buyback plan after the bell on Thursday, and Amgen had its best day since 2009 when its CEO suggested it was making progress on a weight loss drug.
                </span>
               </li>
              </ul>
              <div style="display:none;">
              </div>
             </td>
            </tr>
            <tr>
             <td style="padding: 0px 20px; mso-padding-alt: 0px 20px 15px 20px;">
             </td>
            </tr>
           </table>
          </th>
         </tr>
        </table>
        <!--[if !mso ]><! -- -->
       </div>
      </div>
      <!-- <![endif]-->
      <!-- END MARKETS -->
      <!-- ARTICLE -->
      <!--[if !mso ]><! -- -->
      <div class="c6" style="margin-bottom:7px">
       <!-- <![endif]-->
       <table border="0" cellpadding="0" cellspacing="0" class="story-card-table outer" style="border-collapse:collapse;border-collapse: collapse;" width="100%">
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             <h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
              FOOD &amp; BEV
             </h3>
             <h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
              <a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
               <font color="#000">
                The biggest name in coffee is facing headwinds
               </font>
              </a>
             </h1>
            </td>
           </tr>
          </table>
          <a style="text-decoration:none;border:none;" target="_blank">
           <img alt="Illustration of a Starbucks cup spilling coffee" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fd97a3b11a1d00c380fa8ad18aa817aa126517704-1500x1000.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDkyODY3Mn0:1s3C44:wBOHYZ9AjFYvEgR_R-yKUP9rC9KoYOTflzDcw8ygTUg" style="display: block; width: 100%; max-width: 670px;" width="670"/>
          </a>
          <span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
           <small>
            <em>
             Alex Castro
            </em>
           </small>
          </span>
          <table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
           <tr>
            <td class="story-content" style="padding:15px">
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              Everyone may be
              <em>
               listening
              </em>
              to “Espresso,” but they’re not buying it…at least not from Starbucks.
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              The coffee company known for consistently outperforming itself reported less-than-spectacular earnings this week, sending its stock plunging 12% Tuesday evening on the news—nearly as much as when the company shut all its doors during Covid.
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              For the first time since 2020, US same-store sales
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               declined
              </a>
              , falling 3% alongside a 7% decrease in foot traffic. Meanwhile, revenue fell 1.8% to $8.56 billion as sales in China—the chain’s second-biggest market—declined 11%, and Starbucks lowered its sales outlook for the year.
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              <strong style="color:#000">
               Why is it struggling?
              </strong>
              CEO Laxman Narasimhan blamed inflation pressures, cautious customers, and other factors like bad weather (sure). In international markets, executives pointed to growing competition and boycotts in the Middle East that have halted traffic.
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              Starbucks may also be a victim of its own success (or, less charitably, its inefficiencies) because it noted large numbers of caffeine hounds
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               abandoning
              </a>
              their app orders before finalizing transactions during the morning rush due to long wait times and out-of-stock products.
             </p>
             <h2 style="font-family:Helvetica, Arial, sans-serif;font-size:19px;font-weight:700;color:#000;margin-top:0;margin-bottom:15px;margin-right:0;margin-left:0">
              But mostly, China
             </h2>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              While declining US sales are bad, it’s China’s sharp decline that has investors worried. Ex-CEO Howard Schultz called the country Starbucks’s most important market in 2022, and the corporation has bet big on growth there. But even with more than 7,000 locations and the cutting-edge innovation that is a braised-pork flavored
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               latte
              </a>
              , competition is fierce:
             </p>
             <ul style="margin-top:0;padding-left:30px">
              <li style="line-height:22px;margin-bottom:10px">
               <span>
                Chinese chains Luckin Coffee and Cotti Coffee claim to have twice as many stores as Starbucks in the country.
               </span>
              </li>
              <li style="line-height:22px;margin-bottom:10px">
               <span>
                Other international chains, including KFC, McDonald’s, and Tim Horton’s, offer cheaper coffee.
               </span>
              </li>
             </ul>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              <strong style="color:#000">
               What’s next?
              </strong>
              Shareholders are hoping Starbucks’s plan for
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               recovery
              </a>
              is better than the name for it. Dubbed the “Triple Shot Reinvention with Two Pumps,” it includes a new pilot program to serve customers from 5pm to 5am and in-app promotions and upgrades to cut down on wait times.
              <em>
               —CC
              </em>
             </p>
             <!-- SOCIAL LINKS -->
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                </span>
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                </a>
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                </span>
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                 <img src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F774271f5d2278014f1af0759475660e1761384eb-357x357.png%253Fw%253D50%2526fit%253Dmax/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDkzMzQyMn0:1s3C44:JezqimEAGME7YVqLyX9bNEILExxhftvChQ_UuMh_Adk" style="display: inline-block; width: 25px" width="25"/>
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             <h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
              PRESENTED BY PENDULUM
             </h3>
             <h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
              <a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
               <font color="#000">
                <strong>
                 Meet this un-hunger hormone
                </strong>
               </font>
              </a>
             </h1>
            </td>
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           <img alt="Pendulum" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F23afb049b53fec2b79d4ca7f3b9ba4bf09d85ee3-512x384.jpg%253Fw%253D668%2526q%253D90%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDkzNTIzNn0:1s3C44:KsqDKEPa0BsAkdpSaOsKvWvOBzMnCtmzq5JwjxhstNM" style="display: block; width: 100%; max-width: 670px;" width="670"/>
          </a>
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             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              Feeling an overwhelming urge to indulge? Looking for a little balance and moderation in your daily diet?
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              You’ve gotta know about Pendulum’s
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               GLP-1 Probiotic
              </a>
              . This breakthrough supplement contains gut-loving bacteria that helps curb cravings for foods that leave you feeling…blah.
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              Don’t take our word for it: In a survey of 274 consumers, 91% saw a noticeable decrease in overall food cravings, especially sugary and carb-laden treats.
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              Ready to invest in your health and take charge of unwanted cravings? Try GLP-1 Probiotic and
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               get 20% off your first month with Pendulum
              </a>
              .
             </p>
            </td>
           </tr>
          </table>
         </td>
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       </table>
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      <!-- ARTICLE -->
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       <!-- <![endif]-->
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             <h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
              WORLD
             </h3>
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                Tour de headlines
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          <img alt="Warren Buffett" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F001d3f5da78baf51f910137007890587489064b3-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDkzODExNn0:1s3C44:ORHtoHbCWIXIZRzhQGHA4aqQP-PuQDWND8sqBFnRIvg" style="display: block; width: 100%; max-width: 670px;" width="670"/>
          <span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
           <small>
            <em>
             Paul Morigi/Getty Images
            </em>
           </small>
          </span>
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              <strong style="color:#000">
               <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fmoney-mouth-face_1f911.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDkzOTc1OX0:1s3C44:CkjdaZDwKqRzfT2D5KtPXA9-5V0nXokYmcBZf2hYgb0" style="max-width:18px" width="18"/>
               It’s “Woodstock for capitalists” time again.
              </strong>
              Normally, the best reason to go to Omaha is to chow down on some runzas, but today, it’s to see Warren Buffett preside over his 60th
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               shareholder meeting
              </a>
              since taking the reins at Berkshire Hathaway in 1965. It’s expected to be more somber than usual since it’ll be Buffett’s first since his No. 2, Charlie Munger, died. Investors will be watching to size up Buffett’s chosen successor, hear how BH plans to deploy its heaping pile of cash, see what Buffett thinks of inflation and Apple, and maybe even discover the firm’s big
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               mystery bet
              </a>
              . If you’re not in Omaha, you can catch the Q&amp;A on CNBC.
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              <strong style="color:#000">
               🧊 A cooling labor market raises hopes for a Hot Rate Cut Summer.
              </strong>
              The latest Labor Department data shows the US
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               added
              </a>
              175,000 jobs in April, way less than the 300,000 added in March and also less than economists expected. Meanwhile, the unemployment rate ticked up to 3.9% from 3.8% in March, and wages rose less than anticipated. All that bad news for working stiffs was music to the ears of investors who are holding out hope that the Fed might still cut interest rates this summer despite most recent economic data showing that inflation is sticking around.
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              <strong style="color:#000">
               <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fscales_2696.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDk0MTMyOH0:1s3C44:04PaZZr7NtKC9UBDfam97h4QEMPAe8DBmyzfGwmRdqQ" style="max-width:18px" width="18"/>
               Congressman and wife accused of taking $600,000 in bribes.
              </strong>
              Rep. Henry Cuellar, a Democrat from Texas, and his wife were
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               indicted
              </a>
              on bribery, conspiracy, and other charges yesterday. The Justice Department claims the couple took money from an Azerbaijan-controlled energy company and a Mexican bank in exchange for advancing the interests of the former Soviet republic and the financial institution. Cuellar, however, told news outlets that he and his wife are “innocent of these allegations” and vowed to continue running for reelection in November.
             </p>
            </td>
           </tr>
          </table>
         </td>
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              SPORTS
             </h3>
             <h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
              <a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
               <font color="#000">
                Kentucky Derby horses aren’t getting any faster
               </font>
              </a>
             </h1>
            </td>
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           <img alt="Sprinter running in top half, race horse running in bottom half." class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F2a133be86e0850688ce77c460be39d08a5751632-1500x1000.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDk0MzEyOH0:1s3C44:88xgBmAJOj8KErAjCndnaLYRTWf1yLZETj9N_UWko8o" style="display: block; width: 100%; max-width: 670px;" width="670"/>
          </a>
          <span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
           <small>
            <em>
             Illustration: Alex Castro, Photos: Getty Images
            </em>
           </small>
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             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              Today, over 160,000 spectators donning view-blocking hats and loud pattern combinations will descend on Churchill Downs and watch 20 horses run for at least two minutes. There’s a chance the winning horse will take a few seconds longer to cross the finish line, but it’s
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               unlikely
              </a>
              it will finish sooner.
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              The legendary horse Secretariat still holds the record for the fastest Derby ever, clocking in at 1:59.4, from 1973. Winning horse times have stayed pretty stagnant for the last 50+ years.
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              A couple reasons why we likely won’t see a one-minute race:
             </p>
             <ul style="margin-top:0;padding-left:30px">
              <li style="line-height:22px;margin-bottom:10px">
               <span>
                The Derby’s outcome relies heavily on weather conditions. The ideal climate for a race day is hot and dry, but rain has attended the Derby more often, and thunderstorms are predicted for this evening.
               </span>
              </li>
              <li style="line-height:22px;margin-bottom:10px">
               <span>
                A 2008 study found thoroughbreds may have hit their peak physicality. Decades of selective breeding have led to 95% of the breed descending from a single Arabian horse.
               </span>
              </li>
             </ul>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              <strong style="color:#000">
               Meanwhile, on a different track…
              </strong>
              human runners are smashing records faster than you can say mint julep. The men’s 100m world record has been met or beaten 20+ times since 1973. Chalk it up to better advancements in training equipment, nutrition, and humans’ willingness to do
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               just about anything
              </a>
              to get ahead.
              <em>
               —MM
              </em>
             </p>
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              FROM THE CREW
             </h3>
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             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              Morning Brew is partnering with Scott Galloway’s Section to bring you the
              <em>
               AI Crash Course
              </em>
              , a 10-day deep dive into AI. In just over a week, you’ll learn to write effective prompts, set up your “AI workspace,” audit your workflows, and start using AI for basic use cases. You’ll also get dedicated office hours with an AI expert and a suite of AI resources you can take with you.
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               Enroll now and get 20% off with our exclusive code: BREW20
              </a>
              .
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              ENTERTAINMENT
             </h3>
             <h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
              <a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
               <font color="#000">
                Debunking Seinfeld’s alternative Pop-Tart history
               </font>
              </a>
             </h1>
            </td>
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           <img alt="Seinfeld pop tart movie" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252Fc90579e526e4c1bdb9ec5de7415bf3d0043af9da-1500x1000.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDk1MTE4MX0:1s3C44:2FClebyEmWnsxJchZnt0fyBWheMX6ECC9q1lF7BhJnE" style="display: block; width: 100%; max-width: 670px;" width="670"/>
          </a>
          <span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
           <small>
            <em>
             Frederic J. Brown/Getty Images
            </em>
           </small>
          </span>
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             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              Jerry Seinfeld made a movie about something: Pop-Tarts. His directorial debut,
              <em>
               Unfrosted
              </em>
              ,
              <em>
              </em>
              premiered on Netflix yesterday. The film is inspired by a
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               standup bit
              </a>
              in which Seinfeld lovingly roasts the sugary slabs that filled his childhood with empty calories.
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              It recounts a very fictional and irreverent interpretation of Kellogg’s creation of Pop-Tart while spoofing brand-origin movies like
              <em>
               <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
                Flamin’ Ho
               </a>
               t
              </em>
              ,
              <em>
               The Founder
              </em>
              , and
              <em>
               Barbie
              </em>
              . Since the film received a reception from
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               most critics
              </a>
              about as warm as a frozen Pop Tart, here’s our version of the story with the zaniness removed.
             </p>
             <h2 style="font-family:Helvetica, Arial, sans-serif;font-size:19px;font-weight:700;color:#000;margin-top:0;margin-bottom:15px;margin-right:0;margin-left:0">
              How the Pop-Tart actually originated
             </h2>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              In the 1960s, Post Consumer Brands was beating Kellogg in the race to create a jam-filled toastable that didn’t spoil at room temperature. But the stars ultimately aligned for Kellogg like they did for Jerry and Larry in the ’90s, thanks to clever marketing.
             </p>
             <ul style="margin-top:0;padding-left:30px">
              <li style="line-height:22px;margin-bottom:10px">
               <span>
                The company quickly pulled ahead by inventing the Fruit Scone.
               </span>
              </li>
              <li style="line-height:22px;margin-bottom:10px">
               <span>
                Following a prudent rebranding to “Pop-Tart” and a flurry of colorful ads aimed at youth that fueled a blockbuster release, Kellogg ran a thinly veiled newspaper ad apologizing for running out of the snack, which created more hype.
               </span>
              </li>
             </ul>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              Adding frosting a few years later further cemented its place in America’s pantries.
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              <strong style="color:#000">
               Pop-Tarts remain a sales MVP
              </strong>
              …with 3 billion sold in 2022.—
              <em>
               SK
              </em>
             </p>
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                </span>
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             <h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
              GRAB BAG
             </h3>
             <h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
              <a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
               <font color="#000">
                Key performance indicators
               </font>
              </a>
             </h1>
            </td>
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          </table>
          <img alt="Seals on Pier 39 at the Wharf in San Francisco" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F7559169c6c8ddc19ed6c10ac03bc42cccfda8b3b-1500x1000.jpg%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDk1NjQ2N30:1s3C44:NCJs_1u-Sc3CvpktJHeE3sDU-021amj_p7rtRXFGJdg" style="display: block; width: 100%; max-width: 670px;" width="670"/>
          <span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
           <small>
            <em>
             Anadolu/Getty Images
            </em>
           </small>
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             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              <strong style="color:#000">
               Stat:
              </strong>
              It’s not unusual for tourists to descend on San Francisco for its food scene, but the city’s recent visitors are a lot more prone to barking than the type that posts every meal on Insta. That’s because they’re
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               sea lions
              </a>
              . According to Pier 39 harbormaster Sheila Chandor, more than 1,000 of the creatures, the most seen in the last 15 years, arrived this week to munch on a large school of anchovies. Chandor told the AP, “They are fueling up for the mating season. It’s spring. They are ready to rock and roll down in the Channel Islands, and we’re a nice pit stop with some great seafood.”
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              <strong style="color:#000">
               Quote:
              </strong>
              “I had a good sense to believe this was going to be a massive story and that it was going to dominate the news cycle for the next several days.”
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              Hope Hicks, a former spokesperson for Donald Trump ​​who was once considered one of his closest confidants, took the stand in the former president’s hush money trial yesterday and delivered
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               emotional testimony
              </a>
              about her time working on his campaign—including when the infamous
              <em>
               Access Hollywood
              </em>
              tape came out. Hicks said she was a “little stunned” by the tape and knew it was going to be big news. Still, Hicks praised Trump and said of his former lawyer Michael Cohen, whom Trump claims went rogue to pay off Stormy Daniels, “He liked to call himself ‘Fixer’ or ‘Mr. Fix-it.’ And it was only because he first broke it.”
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              <strong style="color:#000">
               Read:
              </strong>
              How private equity shapes a ski town. (
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               Harper’s Magazine
              </a>
              )
             </p>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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      </div>
      <!-- <![endif]-->
      <!-- END ARTICLE -->
      <!-- ARTICLE -->
      <!--[if !mso ]><! -- -->
      <div class="c6" style="margin-bottom:7px">
       <!-- <![endif]-->
       <table border="0" cellpadding="0" cellspacing="0" class="story-card-table outer" style="border-collapse:collapse;border-collapse: collapse;" width="100%">
        <tr>
         <td class="card" style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#333;display:block;background-color:#fff;border-radius:15px;border:1px solid #e6e6e6;border-collapse:collapse;box-shadow:none;margin-bottom:0px;">
          <table border="0" cellpadding="0" cellspacing="0" class="story-card-table" style="border-collapse:collapse" width="100%">
           <tr>
            <td class="tag-title" style="padding: 15px">
             <h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
              NEWS
             </h3>
             <h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
              <a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
               <font color="#000">
                What else is brewing
               </font>
              </a>
             </h1>
            </td>
           </tr>
          </table>
          <table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
           <tr>
            <td class="card-content" style="padding-right:15px;padding-bottom:15px;padding-left:15px;padding-top:0px">
             <ul style="margin-top:0;padding-left:30px">
              <li style="line-height:22px;margin-bottom:10px">
               <span>
                <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
                 Canada
                </a>
               </span>
               <span>
                arrested three men it claims murdered a prominent Sikh separatist last June, a killing that Prime Minister Justin Trudeau publicly accused India of masterminding.
               </span>
              </li>
              <li style="line-height:22px;margin-bottom:10px">
               <span>
                <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
                 Grad students
                </a>
               </span>
               <span>
                at the University of Pennsylvania voted to join the UAW in a 1,807–96 vote, creating what the union says will be the largest private sector union in Philadelphia in half a century.
               </span>
              </li>
              <li style="line-height:22px;margin-bottom:10px">
               <span>
                <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
                 An Illinois lawmaker
                </a>
               </span>
               <span>
                filed a bill to block Dave &amp; Buster’s plan to allow betting on its arcade games.
               </span>
              </li>
              <li style="line-height:22px;margin-bottom:10px">
               <span>
                <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
                 China
                </a>
               </span>
               <span>
                launched a rocket to collect samples from the dark side of the moon as it competes with US space exploration. And on Monday,
               </span>
               <span>
                <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
                 Boeing
                </a>
               </span>
               <span>
                plans to launch its first crewed space flight as it tries to take on SpaceX.
               </span>
              </li>
             </ul>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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      <!-- ARTICLE -->
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       <!-- <![endif]-->
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             <h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
              RECS
             </h3>
            </td>
           </tr>
          </table>
          <img alt="Saturday To-Do List graphic" class="story-header-image" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F59bb3838ece6fcf20d3f93dc6757deed4eb8d4cf-1500x375.png%253Fw%253D668%2526q%253D70%2526auto%253Dformat/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDk1NzU5fQ:1s3C44:jeAnyBgOoTIOw2Q3KBmdmEcRDi3McifLr2L3NVSL0lU" style="display: block; width: 100%; max-width: 670px;" width="670"/>
          <span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
           <small>
            <em>
            </em>
           </small>
          </span>
          <table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
           <tr>
            <td class="story-content" style="padding:15px">
             <div>
              <p style="line-height:22px;margin-top:0;margin-bottom:15px">
               <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDk1OTMwN30:1s3C44:dsSHpftvEaIFrizOuB202cD-quC-E6tkM1QJO89Dp7A" style="max-width:18px" width="18"/>
               <strong style="color:#000">
                Imperial bailout:
               </strong>
               An econ professor
               <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
                breaks down
               </a>
               the status of the Galactic financial sector after the Death Star blew up.
              </p>
              <p style="line-height:22px;margin-top:0;margin-bottom:15px">
               <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDk2MDc1fQ:1s3C44:hoNVlOTvaoHhsjSSjG8t0vTfOD4JroGoSzLkr4Qi1xw" style="max-width:18px" width="18"/>
               <strong style="color:#000">
                Watch:
               </strong>
               A sliding door that sounds like
               <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
                R2-D2
               </a>
               .
              </p>
              <p style="line-height:22px;margin-top:0;margin-bottom:15px">
               <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDk2MjcwMn0:1s3C44:3evlCRb2rUKSkCqmilKAB-qqYtKXOgRS0d2puehwpAE" style="max-width:18px" width="18"/>
               <strong style="color:#000">
                From prank to product:
               </strong>
               The story of the
               <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
                Tauntaun sleeping bag
               </a>
               .
              </p>
              <p style="line-height:22px;margin-top:0;margin-bottom:15px">
               <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDk2Mzk5Mn0:1s3C44:X28jDJVDaifVu_K10ZYC3FOys7OsZHGw09-hgdSIvBs" style="max-width:18px" width="18"/>
               <strong style="color:#000">
                Not
                <em>
                 Star Wars
                </em>
                :
               </strong>
               A classic
               <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
                mint julep
               </a>
               recipe for Derby Day.
              </p>
              <p style="line-height:22px;margin-top:0;margin-bottom:15px">
               <img alt="" src="https://inboxflows.com/_/image/https%253A%252F%252Fem-content.zobj.net%252Fthumbs%252F120%252Fapple%252F237%252Fwhite-heavy-check-mark_2705.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZlbS1jb250ZW50LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDk2NTY5NH0:1s3C44:fS_hjD34NfyBg4rd3M4biTeEI60D6nz8sJFUgL779KA" style="max-width:18px" width="18"/>
               <strong style="color:#000">
                Reinvent pleasure:
               </strong>
               Reach a new crescendo every night with the doc-recommended vibrator that’s clinically proven to
               <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
                improve arousal
               </a>
               . Multishape flexibility helps stimulate multiple erogenous zones.
               <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
                Get 20% off a new vibe
               </a>
               .*
              </p>
              <p style="line-height:22px;margin-top:0;margin-bottom:15px">
               <sup>
                <em>
                 *A message from our sponsor.
                </em>
               </sup>
              </p>
             </div>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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      <!-- ARTICLE -->
      <!--[if !mso ]><! -- -->
      <div class="c6" style="margin-bottom:7px">
       <!-- <![endif]-->
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             <h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
              GAMES
             </h3>
             <h1 style="font-family:Helvetica, Arial, sans-serif;font-size:24px;color:#333;font-weight:700;margin-bottom:0;line-height:26px;margin-top:8px">
              <a style="color:#000000!important;text-decoration:none;border-bottom:none!important;" target="_blank">
               <font color="#000">
                The puzzle section
               </font>
              </a>
             </h1>
            </td>
           </tr>
          </table>
          <table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
           <tr>
            <td class="card-content" style="padding-right:15px;padding-bottom:15px;padding-left:15px;padding-top:0px">
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              <strong style="color:#000">
               Brew crossword:
              </strong>
              Today’s
              <em>
               Star Wars
              </em>
              -inspired crossword is best enjoyed with a cold glass of blue milk.
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               Play it here
              </a>
              .
             </p>
             <h2 style="font-family:Helvetica, Arial, sans-serif;font-size:19px;font-weight:700;color:#000;margin-top:0;margin-bottom:15px;margin-right:0;margin-left:0">
              Open House
             </h2>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              Welcome to Open House, the only newsletter section still trying to find a place to park in downtown Omaha to catch Buffett’s keynote. We’ll give you a few facts about a listing and you try to guess the price.
             </p>
             <img alt="Giant home in Omaha, Nebraska with pool and outdated, 2000s-era design." class="img-responsive" src="https://inboxflows.com/_/image/https%253A%252F%252Fstorage.morningbrew.com%252Fgif%252F2024-05-03%252Fimage-59b6b89ce912e7c7e75d0fee698a0c9d497916f1-1630x950-gif%252Fomaha.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdG9yYWdlLm1vciIsInRpbWUiOjE3MTQ4MTYzNDAuNDk2NzM5OX0:1s3C44:fb_B6dEI2y2YMFjz16z3UROIZO5k6AtIzFcBDzuz1vg" style="display:block;width:100% !important"/>
             <span class="source" style="display:inline-block;padding-left:10px;margin-top:5px;margin-bottom:0px;line-height:14px">
              <small>
               <em>
                Zillow
               </em>
              </small>
             </span>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              Today’s 6,033-square-foot
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               home
              </a>
              is in Omaha, Nebraska, and despite its high price tag, its decor will never let you forget you still live in the Midwest. The home has a gorgeous saltwater pool, built on the top of a small hill so you can splash around and enjoy your view of…the rest of your yard. Amenities include:
             </p>
             <ul style="margin-top:0;padding-left:30px">
              <li style="line-height:22px;margin-bottom:10px">
               <span>
                4 beds, 6 baths
               </span>
              </li>
              <li style="line-height:22px;margin-bottom:10px">
               <span>
                Rock walls inside and out
               </span>
              </li>
              <li style="line-height:22px;margin-bottom:10px">
               <span>
                Grand wooden entryway
               </span>
              </li>
             </ul>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              How much to be your own oracle?
             </p>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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            <td class="tag-title" style="padding: 15px">
             <h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
              SHARE THE BREW
             </h3>
            </td>
           </tr>
          </table>
          <table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
           <tr>
            <td class="card-content" style="padding-right:15px;padding-bottom:15px;padding-left:15px;padding-top:0px">
             <p style="line-height:22px;margin-top:0;margin-bottom:15px;margin-bottom:15px;line-height:22px;">
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333;border-bottom-width:2px;border-bottom-style:solid;border-bottom-color:#1c7ff2;text-decoration:none;color:#252525;" target="_blank">
               Share Morning Brew
              </a>
              with your friends, acquire free Brew swag, and then acquire more friends as a result of your fresh Brew swag.
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px;margin-bottom:15px;line-height:22px;">
              We’re saying we’ll give you free stuff and more friends if you share a link. One link.
             </p>
             <a class="">
              <p style="line-height:22px;margin-top:0;margin-bottom:15px;margin-bottom:15px;line-height:22px;">
               <img class="img-responsive" src="https://inboxflows.com/_/image/https%253A%252F%252Fcdn.sanity.io%252Fimages%252Fbl383u0v%252Fproduction%252F5ec49b75b7ae0c0aeecd37fc478e543df1b7f26f-1500x1000.gif/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZjZG4uc2FuaXR5LiIsInRpbWUiOjE3MTQ4MTYzNDAuNDk2ODczfQ:1s3C44:BKprSwxmv9nboivatn_xzxCllCl_vDzoo5GrZZK-XqU" style="display:block;width:100% !important;max-width: 640px; width: 100%;" width="640"/>
              </p>
             </a>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px;margin-bottom:15px;line-height:22px;">
              <b>
               Your referral count:
              </b>
              0
             </p>
             <a class="stb-btn" style="margin-top:inherit !important;margin-bottom:inherit !important;margin-right:inherit !important;margin-left:inherit !important;width:100%;max-width:150px;font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#ffffff;font-weight:900;text-decoration:none;text-align:center;background-color:#1c7ff2;padding-top:15px;padding-bottom:15px;padding-right:15px;padding-left:15px;border-radius:4px;display:block;">
              Click to Share
             </a>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px;margin-top:15px;margin-bottom:15px;line-height:22px;">
              Or copy &amp; paste your referral link to others:
              <br/>
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333;border-bottom-width:2px;border-bottom-style:solid;border-bottom-color:#1c7ff2;text-decoration:none;color:#252525;" target="_blank">
               morningbrew.com/daily/r/?kid=979c4554
              </a>
             </p>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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             <h3 style="font-family:Helvetica, Arial, sans-serif;font-size:16px;color:#1c7ff2;font-weight:700;margin-top:0;margin-bottom:0">
              ANSWER
             </h3>
            </td>
           </tr>
          </table>
          <table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse;" width="100%">
           <tr>
            <td class="card-content" style="padding-right:15px;padding-bottom:15px;padding-left:15px;padding-top:0px">
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              $1.7 million
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              <span style="text-decoration:underline">
               Word of the Day
              </span>
             </p>
             <p style="line-height:22px;margin-top:0;margin-bottom:15px">
              Today’s Word of the Day is: stagnant, meaning “not advancing or developing.” Thanks to Elaine from Charleston, SC, for pushing us forward with the suggestion. Submit another
              <a class="link" style="border-bottom:2px solid #1c7ff2;text-decoration:none;color:#333" target="_blank">
               Word of the Day here
              </a>
              .
             </p>
            </td>
           </tr>
          </table>
         </td>
        </tr>
       </table>
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