Plus: General Catalyst will lead a $74 million investment in Titan for IT services powered by AI. General Electric and United Nuclear agree on cleanup of uranium mine waste. Ariana Aspuru hosts.
Plus: A Ukraine peace deal is not a priority for Moscow, just days away from a key summit. And, shares in Kodak slump after the photography company warned it may not be able to pay its debts. Azhar Sukri hosts.
A.M. Edition for Aug 12. After firing its former head, Trump says the Heritage Foundation’s current chief economist, E.J. Antoni, will ensure accuracy in the Bureau of Labor Statistics’ data. Plus, ahead of Friday’s summit between Trump and Russian President Vladimir Putin, WSJ correspondent Yaroslav Trofimov explains why peace in Ukraine doesn’t seem to be a priority for Moscow. And WSJ reporter Clarence Leong details China’s massive new shipbuilding plans. Azhar Sukri hosts.
President Trump has proposed sweeping tariffs on chips, while offering an exemption: companies that invest in manufacturing in the U.S. won’t have to pay. It’s an attempt to incentivize more chip production in the U.S., but WSJ Heard on the Street writer Asa Fitch notes that key chip-making companies already have invested in U.S. factories. Plus, Disney is in a difficult bind when it comes to AI. The WSJ’s Jessica Toonkel takes us inside the company’s thinking. Peter Champelli hosts.
Plus: President Trump posts on social media that there would be no new tariffs on gold. Cryptocurrency-linked stocks Coinbase and MicroStrategy rise with bitcoin's price. Anthony Bansie 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.
P.M. Edition for Aug. 11. Speaking from the White House this morning, the president compared the homicide rate in Washington with capitals around the world and said he would also put D.C. police under federal control. Plus, 50% tariffs on aluminum imports went into effect in June, and beverage, auto and manufacturing companies are hurting. Ryan Dezember, who covers commodities for the Journal, discusses how the U.S. aluminum industry’s answer to boosting the domestic supply of aluminum might currently be in your recycling bin. And Ford Motor has announced a $2 billion investment in a Louisville, Kentucky factory to build high-tech, affordable electric vehicles. WSJ reporter Sharon Terlep discusses how that might help the company take on the makers of cheap Chinese electric vehicles. Alex Ossola hosts.
Plus: Ford announces plans to overhaul Kentucky factory to launch $30,000 electric pickup. And Chinese battery maker Contemporary Amperex Technology suspends major mining project. Julie Chang hosts.
Bonus Episode for Aug. 11. Shares of publicly traded private-equity firms like Blackstone and Apollo are down year-to-date, trailing the broader market, while shares of traditional asset managers like BlackRock have outperformed. Heard on the Street columnist Telis Demos discusses this divide and how it relates to the firms’ second-quarter earnings.
WSJ reporter Miriam Gottfried hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy.
Bonus Episode for Aug. 11. Shares of publicly traded private-equity firms like Blackstone and Apollo are down year-to-date, trailing the broader market, while shares of traditional asset managers like BlackRock have outperformed. Heard on the Street columnist Telis Demos discusses this divide and how it relates to the firms’ second-quarter earnings.
WSJ reporter Miriam Gottfried hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy.
Plus: Ford is investing $2 billion in a Kentucky factory to build an affordable an electric pickup. And Paramount has struck a deal with TKO Group for exclusive rights to all Ultimate Fighting Championship matches starting next year. Alex Ossola 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.