Plus: European aerospace and defense companies Airbus, Leonardo and Thales join forces to take on SpaceX. And Intel shows progress in its turnaround effort as it reports sales growth. Julie Chang hosts.
Plus: Rivian lays off over 600 workers in an attempt to save amid EV pullback. And home sales rise in September due to lower borrowing costs. Zoe Kuhlkin hosts.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
Plus: Amazon tests new robots and AI tools in its warehouses and delivery vans. And China releases a five-year plan that includes becoming more self-sufficient technologically. Zoe Kuhlkin hosts.
Plus: The Trump administration negotiates with quantum-computing companies for equity stakes in exchange for federal funding. And, a trio of European aerospace and defense giants launch a tie-up to compete with Elon Musks’s SpaceX. Caitlin McCabe hosts.
President Trump demands $230 million from the Justice Department, claiming political investigations caused him financial harm. LAX begins a $30 billion renovation of Terminal 5 ahead of the 2028 Olympics, promising smoother travel and reduced congestion. Matcha lovers face soaring prices as Japan’s supply struggles with climate change, aging farmers, and new import tariffs. Meta lays off 600 AI employees in a restructuring move. Construction begins on a $250 million White House ballroom ordered by President Trump. In business, California insurers plan to charge homeowners new fire-related fees, and the Phillips 66 refinery site in Wilmington is set for redevelopment into a mixed-use space.
The Trump administration announced sanctions on Russia’s two largest oil companies, Rosneft and Lukoi, citing Russia’s “lack of serious commitment” to ending the war in Ukraine.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
Plus: An amended lawsuit against OpenAI alleges the company twice loosened ChatGPT’s rules on discussing suicide. And Meta cuts about 600 jobs in its AI division, but won’t impact TBD Lab. Julie Chang hosts.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
Plus: Tinder rolls out safety feature requiring users to scan their faces. And crypto-trading firm FalconX to acquire ETF manager 21shares. Zoe Kuhlkin hosts.