Plus: Ubisoft names two co-CEOs to lead its new Tencent-backed subsidiary. And, Estée Lauder’s new CEO makes fresh push to reach shoppers online. Julie Chang hosts.
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Plus: Ubisoft names two co-CEOs to lead its new Tencent-backed subsidiary. And, Estée Lauder’s new CEO makes fresh push to reach shoppers online. Julie Chang hosts.
Learn more about your ad choices. Visit megaphone.fm/adchoices
P.M. Edition for July 16. In comments from the White House today, President Trump denied that he was trying to oust Federal Reserve Chair Jerome Powell, though he raised the prospect that Powell could be removed for cause. Plus, big banks like Goldman Sachs have reported bumper earnings for the second quarter. But as Journal reporter AnnaMaria Andriotis tells us, the factors that made the quarter so strong may not continue into the next few months. And Oracle, the software company founded nearly 50 years ago, is striking big deals for artificial intelligence that’s boosting its stock price. WSJ Heard on the Street columnist Dan Gallagher joins to discuss what it would take for Oracle to become one of the biggest names in AI. Alex Ossola hosts.
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Plus: Goldman Sachs profit surges on higher trading revenue. And U.S. wholesale inflation holds steady in June. Pierre Bienaimé hosts.
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Plus: Nvidia’s CEO praises China’s technology after Trump allows the chip-maker to resume selling its chips to China. Alibaba-backed Chinese AI startup files for Hong Kong IPO. Ariana Aspuru hosts.
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Plus: Canadian Prime Minister Mark Carney admits for the first time that a tariff-free trade deal might not be in the cards for Ottawa. And the Trump administration is planning on making it easier for 401(k) plans to invest in private markets. Azhar Sukri hosts.
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A.M. Edition for July 16. New economic data is starting to reflect the president's tariff and immigration policies, which are filtering through to price tags and weighing on the job market. Plus, President Trump is expected to sign an executive order to help make private-market investments more available to 401(k) plans. And from golf to flattering text messages, WSJ’s chief European political correspondent Bojan Pancevski explains how a charm offensive by EU leaders has helped turn President Trump against Vladimir Putin. Azhar Sukri hosts.
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P.M. Edition for July 15. JPMorgan Chase CEO Jamie Dimon has become the first head of a U.S. financial institution to publicly address the Trump administration’s broadsides against Federal Reserve Chair Jerome Powell, even as Treasury Secretary Scott Bessent announces that the formal search for Powell’s replacement has begun. Plus, consumer prices rose 2.7% in June from a year earlier. WSJ chief economics correspondent Nick Timiraos joins to discuss what this means for the Fed. And Apple strikes a multimillion-dollar deal with the biggest U.S. supplier of rare earth magnets. We hear from WSJ senior reporter Jon Emont about the significance of the deal. Alex Ossola hosts.
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President Trump announced a new trade deal with Indonesia, while Treasury Secretary Scott Bessent said the formal search for Fed Chair Jerome Powell’s successor has begun. Plus: Nvidia shares rose after the White House said the company will be able to sell artificial intelligence chips to China. And, MP Materials struck a $500 million deal with Apple. Danny Lewis hosts.
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Plus: Apple strikes a $500 million deal to buy rare-earth magnets from U.S. supplier MP Materials. And, Tesla’s top North American sales executive leaves the company amid slump. Julie Chang hosts.
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Plus: JPMorgan Chase reported a better-than-expected profit for the second quarter. And a top sales executive at Tesla has left the company. Pierre Bienaimé hosts.
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