Category: 1-HeadlineNews

Plus: Senate Republicans propose a range of revisions to the tax-and-spending bill that passed the House last month. And tensions escalate between OpenAI and Microsoft. Luke Vargas hosts. 

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A new COVID subvariant called “Nimbus” is driving a surge across California, with doctors warning of painful symptoms and weakened vaccine policies. A federal judge in Los Angeles is considering whether to take control of the city’s homelessness programs, citing mismanagement and missing data. Palisades and Altadena fire victims are suing State Farm, claiming they were grossly underinsured after devastating losses. Elon Musk’s Neuralink makes headlines for helping a monkey “see” an artificial image—pushing the limits of brain-computer tech.

The Trump Organization took the wraps off a golden smartphone it says will be made in the U.S. and sell for just under $500. WSJ deputy tech and media editor Wilson Rothman walks us through the promised specs and why it isn’t possible to make it in America by August. Plus, Gulf states are spending billions of dollars to develop their own artificial-intelligence industries. WSJ Heard on the Street columnist Asa Fitch explains why U.S. companies benefitting from the windfall should be wary.

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Donald Trump is leaving the G7 summit early and urged all residents to immediately leave Tehran, as Iran threatened to leave the nuclear non-proliferation treaty.

Plus: Southwest Airlines adds pilot alerts to increase runway safety. And, crypto tycoon Justin Sun takes Tron Group public via reverse merger. Victoria Craig hosts.

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Plus: Warner Bros. Discovery bondholders approval company’s split. Victoria’s Secret is under pressure from its latest activist investor. Ariana Aspuru hosts. 

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Plus: The Trump Organization said it will launch a mobile-phone service later this summer. And Vice Media hires a former NBCUniversal executive as its new CEO. Charlotte Gartenberg hosts. 

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Plus: Israel’s military says that further airstrikes on Iran hit command centers of the country’s Revolutionary Guard, as fighting between the two countries continues. And Chinese consumers ramp up spending as factories take a hit from Trump’s trade war.

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A new “pay-it-forward” student loan model is gaining traction in cities like San Diego and Honolulu—offering interest-free funding with no payments due until graduates earn $50,000 a year. California’s Attorney General sues a Southern California real estate mogul, alleging widespread tenant abuse and unsafe living conditions. Toy giant Mattel teams up with OpenAI to develop AI-powered games and play experiences. And grocery workers at Kroger and Albertsons vote to authorize a strike over unfair labor practices. 

Since 2021, more than $2-billion of venture capital funds have been plowed into next-gen nuclear technology. WSJ tech and national security reporter Heather Somerville explains how AI growth, competition with China, and President Trump’s desire to dominate the field are ushering in a new era of American nuclear power. Plus, we all need a shoulder to cry on or an empathetic ear once in a while. What if that reassurance came from a digital companion? WSJ family and tech columnist Julie Jargon talks to NYC seniors about whether such conversations are helpful. 

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