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Plus: The U.S. revokes authorization for TSMC to freely ship key equipment to its main Chinese chip-making site. And, Disney pays a $10 million penalty over allegations it unlawfully collected children’s data to use in targeted advertising. Azhar Sukri hosts.
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A.M. Edition for Sept. 3. After a 2024 ruling that Google operated a search monopoly, a U.S. district judge rejected a forced spinoff of Chrome and allowed the company to continue paying Apple to be the default search provider on Safari. Plus, GOP lawmakers release more than 30,000 pages of documents related to convicted sex offender Jeffrey Epstein. And in a lavish military parade in Tiananmen Square, Xi Jinping flaunts China’s growing military power and deepening ties to Washington’s adversaries. Azhar Sukri hosts.
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Concerns over nations’ fiscal outlooks drive bond yield higher. Plus: The marketer of Modelo and Corona predicts lower beer sales. And Kraft Heinz shares decline on news of the company’s breakup. Katherine Sullivan hosts.
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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.
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P.M. Edition for Sept. 2. Kraft Heinz plans to separate its business into two companies, unwinding a decade-old food-industry megamerger. WSJ reporter Jesse Newman joins to discuss why the company is splitting up and what it means for some of consumers’ favorite packaged-food brands. Plus, data centers driving the artificial intelligence boom are making more requests to connect to the U.S. electric grid—even though not all of them may get built. WSJ reporter Jennifer Hiller tells us why that might leave other customers footing the bill. And a federal judge finds the Trump administration’s deployment of troops in Los Angeles was illegal. Alex Ossola hosts.
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Plus: Anthropic’s valuation hits $183 billion in new $13 billion funding round. Chinese EV maker NIO misses earnings expectations. And AI-powered drone swarms enter the battlefield in Ukraine. Julie Chang hosts.
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Plus: Activist investor Elliott Investment Management is pushing for changes at PepsiCo. And a federal judge rules that President Trump’s deployment of troops in Los Angeles was illegal. Alex Ossola hosts.
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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.
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Plus: Klarna seeks to raise up to $1.46 billion from IPO. And Amazon plans to invest $4.4 billion in New Zealand data centers. Julie Chang hosts.
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Plus: Swiss food giant Nestlé fires its CEO Laurent Freixe over a relationship with a subordinate. And, online payments provider Klarna readies its much-anticipated IPO. Azhar Sukri hosts.
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A.M. Edition for Sept. 2. The launch of WLFI has produced a major windfall for Trump’s family with WSJ crypto reporter Angus Berwick saying the currency is likely more valuable than Trump’s entire property portfolio. Plus, a new WSJ-NORC poll reveals a record low optimism about improving living standards in the U.S., with more then two thirds of respondents no longer believing in the adage that if you work hard you will get ahead. And an increasing number of Americans are returning positive fentanyl results in random workplace testing. Azhar Sukri hosts.
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Passkeys promise safer and easier logins to websites and apps. But if you’re wondering what they are or how they work, you’re not alone. WSJ contributor Sean Captain will explain. Plus, WSJ reporter Ann-Marie Alcántara will join us to get you up to speed on how tech companies are navigating the new age-verification rules. Julie Chang hosts.
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