Plus: The Trump administration and China have a preliminary deal for a U.S. TikTok app.
And, the owner of Saks Fifth Avenue is in talks to sell 49% of luxury department store Bergdorf Goodman for about $1 billion dollars. Caitlin McCabe hosts.
A.M. Edition for Sept. 22. President Trump announced a move to dramatically reshape the U.S. immigration system, attaching hefty new fees to H-1B visas, arguing it would be a boon to American workers. But as WSJ business editor Alex Frangos explains, economists are not so sure. Plus, a slew of Western countries recognize a Palestinian state in a significant shift in foreign policy. And, does your barista seem a lot nicer? We know why! Caitlin McCabe hosts.
This week we’re bringing you an episode of Bold Names, where co-hosts Christopher Mims and Tim Higgins speak to CEOs and business leaders, taking you inside the decisions being made in the C-suite and beyond. In this episode, IBM has made something of a comeback in the past five years under the leadership of CEO Arvind Krishna. That's thanks to a lot of the success in its hybrid cloud business, as well as its consulting services. All of this has led to a surge in the company's share price. Now, IBM is betting that quantum computing will be the next big thing. But will Big Blue succeed against rivals like Microsoft and Google who are racing to make their own quantum breakthroughs? And how is the company learning from its past mistakes with Watson AI? Arvind Krishna joins Christopher and Tim on the Bold Names podcast.
What drove Intel’s best day since 1987? And why is the owner of Olive Garden struggling? Plus, how are tariffs impacting FedEx? Host Jack Pitcher discusses the biggest stock moves of the week and the news that drove them.
What drove Intel’s best day since 1987? And why is the owner of Olive Garden struggling? Plus, how are tariffs impacting FedEx? Host Jack Pitcher discusses the biggest stock moves of the week and the news that drove them.
P.M. Edition for Sept. 19. Since the U.S. government spends about $1 trillion annually on interest for its debt, a lower interest rate should reduce those costs… right? WSJ tax policy reporter Richard Rubin discusses why the answer is more complex than it may initially seem. Plus, President Trump announced today that he and Chinese leader Xi Jinping have reached a deal over TikTok’s U.S. operations. We hear from the Journal’s tech policy reporter Amrith Ramkumar about what we know about the deal, including which American investors are getting involved. And in the midst of an artificial intelligence boom, the lowly hard drive is making a comeback. Investors are starting to take notice, but as WSJ Heard on the Street writer Asa Fitch explains, hard drive companies’ future prospects could be even greater. Alex Ossola hosts.
President Trump has yet to release details of the deal he said was reached with Chinese leader Xi Jinping. Plus: Book publisher Scholastic reports a quarterly loss. And Apple’s new iPhone is released globally. Katherine Sullivan hosts.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
Plus: Porsche cuts its guidance again and delays launch of some new EV models. And Pony AI is set to hit a major profitability target by early next year. Julie Chang hosts.
Plus: The House passed a stopgap measure ahead of government shutdown. Blackstone names a new CEO for its real-estate megafund after the fatal shooting of their previous Chief Executive. Zoe Kuhlkin hosts.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.