Plus: OpenAI rolls out a new agent that can make spreadsheets and PowerPoints. Defense-tech startup Hadrian raises $260 million for a new robot factory. Ariana Aspuru hosts.
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Plus: OpenAI rolls out a new agent that can make spreadsheets and PowerPoints. Defense-tech startup Hadrian raises $260 million for a new robot factory. Ariana Aspuru hosts.
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Plus: Fed chair candidate Kevin Warsh says the next person in the role will maintain the central bank's independence from political pressure. And U.S. retail sales rose 0.6% in June. Pierre Bienaimé hosts.
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Plus: TSMC plans to speed up its Arizona expansion to meet rising demand for chips. GE Aerospace raises guidance after earnings beat. Ariana Aspuru hosts.
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Plus: Canada’s Alimentation Couche-Tard has abandoned its $47 billion bid to buy Japanese 7-Eleven operator Seven & i. And United Airlines says it’s expecting a travel rebound in the second half of 2025 as it resets its profit guidance. Azhar Sukri hosts.
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At least 20 Palestinians die in a stampede at a Gaza food distribution site, with conflicting accounts of what triggered the deadly panic. Meanwhile, President Trump shocks his own supporters by dismissing demands to release Jeffrey Epstein’s client list, calling it a “Democrat hoax.” The U.S. sends migrants from Jamaica and Cuba to Eswatini under new third-country deportation deals. California’s National Weather Service faces dangerous staffing cuts as wildfire season intensifies. San Francisco and San Jose emerge as national leaders in AI innovation, while Los Angeles ranks close behind. And downtown LA businesses call for help to recover from immigration raids, tariffs, and pandemic-related losses. Listen for these stories and more from LA Times Studios.
Banks Goldman Sachs, Bank of America and Morgan Stanley reported stronger-than-forecast profits, as tariff-related market turbulence boosted trading revenue. Plus: Shares in car companies Ford, Renault and Stellantis fall. And, Chip-equipment supplier ASML said it couldn't guarantee growth in 2026, due to worsening tariff uncertainty. Charlotte Gartenberg hosts.
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Plus: Ubisoft names two co-CEOs to lead its new Tencent-backed subsidiary. And, Estée Lauder’s new CEO makes fresh push to reach shoppers online. Julie Chang hosts.
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Plus: Goldman Sachs profit surges on higher trading revenue. And U.S. wholesale inflation holds steady in June. Pierre Bienaimé hosts.
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Plus: Nvidia’s CEO praises China’s technology after Trump allows the chip-maker to resume selling its chips to China. Alibaba-backed Chinese AI startup files for Hong Kong IPO. Ariana Aspuru hosts.
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