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Plus: The big three U.S. stock indexes tick lower after yesterday’s surge. And shares in Rocket Lab rise after rival SpaceX lost control of a test flight yesterday. Pierre Bienaimé hosts.
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P.M. Edition for May 28. As the Trump administration has threatened to roll back temporary legal protection of immigrant workers, U.S. businesses are preparing for a blow to their workforce. WSJ senior special writer Ruth Simon visited one such company to understand what that might mean for its business. Plus, Elon Musk criticized President Trump’s tax-and-spending bill, saying that it failed to reduce the federal deficit. And Nvidia’s sales soar as demand for artificial intelligence chips surges, even with the company effectively shut out of China. Alex Ossola hosts.
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Plus: Stellantis names company-veteran Antonio Filosa as its next CEO. And Germany says it will step up financial and military aid to Ukraine. Pierre Bienaimé hosts.
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Plus: The Supreme Court clears a major hurdle for a giant copper project being developed in Arizona. And SpaceX loses control of its Starship vehicle in another bumpy test flight for Elon Musk’s company. Luke Vargas hosts.
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A.M. Edition for May 28. In a State Department cable signed by Marco Rubio, the Trump Administration orders embassies and consulates to stop scheduling new student-visa interviews while officials prepare to ramp up social media screening and vetting. Plus, with its armed forces depleted, WSJ’s Matthew Luxmoore describes how Ukraine is turning to TikTok and cash incentives to bring Gen Z into the fight against Russia. And SpaceX loses control of a Starship spacecraft after making it farther than previous test flights. Luke Vargas hosts.
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Plus: Tesla stock rises after CEO Elon Musk says he’s back spending 24/7 at work. Temu’s Chinese owner PDD’s profit slides. Trump Media plans to raise $2.5 billion from investors to buy bitcoin. Ariana Aspuru hosts.
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P.M. Edition for May 27. China, Russia and North Korea claim the missile-defense project is driving a dangerous new arms race. WSJ reporter Thomas Grove says an impenetrable shield—though difficult to accomplish—would upend the paradigm of mutually assured destruction. And the GOP tax bill includes a much higher levy on schools’ endowment income. WSJ reporter Juliet Chung discusses how universities are rethinking their investment strategies. Plus, Salesforce strikes a roughly $8 billion deal to buy the data-management software firm Informatica to enhance its AI capabilities. Pierre Bienaimé hosts.
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Plus: U.S. consumer confidence has improved in May, for the first time since November. Salesforce strikes an $8 billion deal to buy Informatica. Ariana Aspuru hosts.
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A.M. Edition for May 27. President Trump gives the European Union a reprieve on his threat to impose 50% tariffs on June 1 if a trade deal isn’t reached. The WSJ’s Kim Mackrael in Brussels talks us through the negotiations. Plus, Trump weighs sanctions against Russia as Moscow pummels Ukraine with drones and missiles. And Canada’s new leader Mark Carney takes up the task of fixing the country’s relationship with Trump. Former Canadian diplomat Colin Robertson previews King Charles’s historic speech at the opening of parliament. Azhar Sukri hosts.
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Plus: President Trump considers sanctions on Moscow as Russia intensifies its attacks on Ukraine. And China’s industrial companies report higher profits despite trade uncertainty. Azhar Sukri hosts.
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