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.
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.
Plus: Ericsson earnings beat forecasts. And, Oracle pledges $3 billion for AI, cloud infrastructure in Germany and the Netherlands. Ariana Aspuru hosts.
UC Berkeley’s chancellor prepares to testify before Congress as lawmakers investigate antisemitism and federal probes target universities nationwide. Meanwhile, a worker dies fleeing a federal immigration raid on a Camarillo pot farm that led to hundreds of detentions, sparking debate over enforcement tactics. We look at how civil rights, campus politics, and immigration enforcement collide as pressure mounts on schools and communities across the country. The Supreme Court allows President Trump to overhaul the Education Department, drawing praise from his administration and sharp criticism from educators. Trump gives Russia 50 days to end the war in Ukraine or face new tariffs targeting its trade partners. Teen developers on Roblox earn millions as the platform relaxes ownership rules. And Elon Musk plans to direct Tesla investments into his AI company, XAI, while assuring shareholders the two firms will remain separate despite controversy.
The rise of artificial intelligence could reshape the music business just as it has sparked headlines and fear around the corporate world. Recording Academy CEO Harvey Mason Jr. joins host Patrick Coffee to discuss how the new technology will likely swamp listeners with millions of AI-generated songs, but could also help composers overcome writers’ block and craft better hooks.
President Trump threatened new tariffs on Russia, Mexico and the EU. Plus: Crypto-sensitive stocks rose, as bitcoin prices rallied to another high. Kenvue shares rose after the maker of Tylenol and Benadryl named a new interim CEO. Volvo shares fell after the company said it would take a non-cash impairment charge. And, Warner Bros. Discovery had a good opening weekend with its new “Superman” movie, sending its shares higher. Charlotte Gartenberg hosts.
Plus: Grayscale Investments has confidentially filed plans to go public. And, shares of semiconductor companies in Europe fell after President Trump said the U.S. would charge a 30% tariff on goods from the European Union effective Aug. 1. Julie Chang hosts.
Plus: Becton Dickinson will divest its biosciences and diagnostic solutions business to Waters Corp. for around $17.5 billion. And at least nine people were killed after a fire tore through an assisted living facility in Massachusetts.