Plus: President Trump deploys the National Guard to Los Angeles as clashes between protesters and law enforcement continue. And Apple prepares to kick off its annual developers conference. Luke Vargas hosts.
A legal battle between a startup founder and a venture capitalist is rocking L.A.’s tech scene. Metro finally opens a long-awaited transit hub to connect travelers to LAX. Venture capital is pouring into Southern California startups, expanding far beyond AI. And wildfire victims are suing major insurers, claiming they were sold policies that left them without enough to rebuild.
Worries about tariffs, legal battles, and the future of artificial intelligence have weighed on Apple’s stock price so far this year. WSJ Heard of the Street columnist Dan Gallagher explains what investors are looking for this week from the tech giant’s developers conference. Plus: WSJ commodities reporter Ryan Dezember takes us to America’s South to find out why the sheen is coming off the promise of solar energy.
China said it would “speed up” approval of licences for rare-mineral exports to some European companies, as concerns mount over global supply shortages.
The three major indexes are once again all up for the year, for the first time since late February. Plus: Tesla shares take back some ground after Thursday’s selloff. And Lululemon shares dropped after it cut its outlook and said it would raise prices due to tariffs. Danny Lewis hosts.
P.M. Edition for June 6. As the dust settles from the blowup between President Trump and billionaire Elon Musk, Republicans choose sides even as some are asking why one of the most consequential alliances in modern American politics had to end this way. We hear from congressional reporter Olivia Beavers and columnist and host of the Bold Names podcast Tim Higgins on how we got here and what it means. Plus, job growth slowed in May, though less than economics expected. WSJ economics reporter Justin Lahart breaks down the numbers. And the Trump administration brings back Kilmar Abrego Garcia, the man wrongfully deported to El Salvador, to face criminal charges in the U.S. Alex Ossola hosts.
Plus: President Trump plans to extend the TikTok deadline for a third time as he puts China trade talks back on the books. And the Winklevoss twins crypto exchange, Gemini, files to go public. Victoria Craig hosts.