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But some large component stocks dragged on the Dow Jones Industrial Average, including UnitedHealth Group. The health conglomerate disclosed that it is cooperating with criminal and civil investigations by the U.S. Justice Department. Plus: Tesla shares slid after Elon Musk’s electric vehicle-maker said car sales continued to fall for another quarter. Danny Lewis hosts.
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Plus: Honeywell International reported higher than expected second quarter results and raised its outlook for the year. And, an American woman has been sentenced to prison for helping North Koreans get jobs at Nike and other U.S. firms. Zoe Kuhlkin hosts.
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Plus: Union Pacific and Norfolk Southern are in advanced discussions for a deal that could create the largest rail operator in the U.S. And the European Central Bank holds interest rates steady. Alex Ossola hosts.
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Walmart is simplifying its approach to AI agents. Plus, SK Hynix will boost its investment in AI chips after record results. Ariana Aspuru hosts.
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Plus: Columbia University agrees to pay more than $200 million dollars to the federal government over allegations the school violated anti-discrimination laws. And, Hyundai Motor reports a 22% drop in profits from a year earlier amid higher U.S. tariffs. Kate Bullivant hosts.
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President Trump imposes a 15% tariff on Japanese goods as part of a new trade deal he claims will create hundreds of thousands of jobs, while warning the EU of more tariffs ahead. Meanwhile, a Times investigation into January’s deadly West Altadena fire reveals critical delays and misallocated resources left residents largely unprotected during the worst hours. A judge blocks the Trump administration’s effort to unseal Jeffrey Epstein’s grand jury records in Florida. Another court stops ICE from immediately detaining Kilmar Abrego Garcia after a wrongful deportation. Uber tests a women-only ride option in California aimed at safer travel. And the White House launches an AI plan to cut regulations and speed development, drawing support from tech leaders and criticism from civil rights and environmental groups. Four stories shaping law, policy, and technology in the U.S. today.
Walmart to hire a former Instacart executive to lead its AI ambitions. Google’s parent company Alphabet and Tesla release earnings. Ariana Aspuru hosts.
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U.S. stocks climb as European Union negotiates trade deal. Plus: AT&T gains more wireless and internet subscribers than expected. Hilton Worldwide posts better-than-projected results. Earnings forecast for Texas Instruments disappoints analysts. And Google parent Alphabet’s stock takes a hit after earnings report. Charlotte Gartenberg hosts.
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