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The S&P 500 and Nasdaq both slipped for the week after notching new record highs on Thursday. Plus: Kraft Heinz shares rose after The Wall Street Journal reported the packaged-foods giant is planning a breakup. And Levi Strauss shares surged after the jeans maker raised its annual outlook. Danny Lewis hosts.
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P.M. Edition for July 11. A decade after their infamous merger, Kraft Heinz is looking to split its grocery business from its faster-growing sauces and condiments business. Plus, the Trump administration turns to deregulation as a quieter way to boost economic growth. WSJ chief economics commentator Greg Ip joins to discuss how the administration is weighing costs and benefits to clear the way for innovation. And Ford Motor has recorded the most safety recalls in the first six months of 2025 than any automaker ever has in a whole calendar year. We hear from Ryan Felton, who covers automakers for the Journal, about why, and what Ford is doing about it. Alex Ossola hosts.
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Plus: Nintendo’s new Switch 2 videogame machine includes a rare-earth magnet primarily produced in China, highlighting the company’s vulnerability to potential Chinese supply-chain disruptions. And, Microsoft is set to continue capitalizing on the cloud and artificial intelligence opportunity ahead, according to analysts. Julie Chang hosts.
Programming note: Starting this week, Tech News Briefing episodes will be released on Tuesdays and Fridays, and the TNB Tech Minute will be released twice on weekdays, in the morning and afternoon.
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Plus: Ford Motor has recorded the most safety recalls of any automotive company in the first half of the year. And President Trump is threatening to withhold endorsements from Republican senators who oppose his $9.4 billion spending cut package. Alex Ossola hosts.
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Plus: Autodesk looks to acquire rival software firm PTC, which analysts say should position the company better as artificial intelligence becomes more common in design. And, Bitcoin's bull run continues. Julie Chang hosts.
Programming note: Starting this week, Tech News Briefing episodes will be released on Tuesdays and Fridays, and the TNB Tech Minute will be released twice on weekdays, in the morning and afternoon.
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Plus: An initial probe into last month's Air India crash is focusing on the pilots. And the rift between Unilever and Ben & Jerry’s board, ramps up. Kate Bullivant hosts.
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A.M. Edition for July 11. The flurry of tariff announcements continue as President Trump threatens to slap 35% tariffs on imports from Canada, however WSJ finance editor Alex Frangos says markets are taking it in its stride. Plus, an initial investigation into last month’s fatal Air India crash focuses on pilot actions. And the appointment of a new CEO for Ben & Jerry’s escalates the dispute between the icecream maker and Unilever. Kate Bullivant hosts.
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Europe’s self-driving car industry has lagged behind the Chinese and American markets. German automaker Volkswagen may remedy that problem next year, when it will debut its robotaxi ride-pool service in the U.S. Plus: Big publishers may have a new way to take on the AI industry’s encroaching web scrapers. Patrick Coffee hosts.
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Programming note: Starting this week, Tech News Briefing episodes will be released on Tuesdays and Fridays, and the TNB Tech Minute will be released twice on weekdays, in the morning and afternoon.
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Both the Nasdaq and S&P reached new record highs. Plus: Nvidia stock hit a new record high after becoming the world’s first $4 trillion company. Copper futures and mining companies rallied after President Trump said levies on the metal will go into effect in early August. And WK Kellogg shares soared after Ferrero struck a $3 billion deal for the cereal maker. Danny Lewis hosts.
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P.M. Edition for July 10. Private-equity firms are using increasingly aggressive recruitment tactics to hire recent college graduates working at big banks. WSJ reporter AnnaMaria Andriotis discusses why the recruits are being wooed away and what banks are doing about it. Plus, investors are down on Google parent Alphabet as it faces threats to its business. Heard on the Street writer Asa Fitch walks us through those challenges and what they mean for the company’s future prospects. And a federal judge issues a new block on the Trump administration’s birthright-citizenship order. Alex Ossola hosts.
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