Uber teams up with driver unions to fight robotaxis

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• 00:00

  This episode is brought to you by Hard Lessons, a Morgan Stanley podcast.

• 00:04

  Iconic investors like Stan Druckenmiller, John Gray, and Rick Reeder break down calls that worked.

• 00:09

  I knew that this stock would go up for at least two or three years and go up a lot.

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  Ones that didn't.

• 00:14

  I quite frankly thought the company could have reversed course.

• 00:17

  They didn't.

• 00:18

  And what they learned in between.

• 00:20

  When you buy everything and it goes up, it doesn't train you to be a great investor.

• 00:23

  It's these hard lessons that make all the difference.

• 00:26

  Listen to Hard Lessons wherever you get your podcasts.

• 00:32

  Good morning from the Financial Times.

• 00:35

  Today is Thursday, September 3rd, and this is your FT News Briefing.

• 00:40

  Auditors flagged concerns about one of billionaire Mark Walter's businesses.

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  And Uber is fighting robo-taxis with an unlikely ally.

• 00:51

  Plus, will other oil companies follow Chevron back to Venezuela?

• 00:55

  What companies are looking for is the reassurance that they can spend billions of dollars in Venezuela safely, right?

• 01:02

  I'm Sonia Hudson in for Mark Filipino, and here's the news you need to start your day.

• 01:19

  MG warned billionaire Mark Walters Guggenheim Partners that it had weak internal controls at one of its units.

• 01:27

  The warning from the Big Four auditor came months before insurers controlled by Walter revealed

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  that they had been subpoenaed.

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