USC warns of major layoffs and pay adjustments to close a $200 million deficit, citing falling federal support and international enrollment, while staff blame costly campus projects. Meanwhile, President Trump sends more U.S. weapons to Ukraine and gives Moscow 50 days to agree to peace or face new sanctions. Trump faces backlash from his base over conspiracy theories demanding an Epstein list the DOJ says doesn’t exist. Courts block his immigration raids in Southern California, ruling agents can’t target people by race or language alone. Meanwhile, Nextdoor struggles to revive its app with AI and news partnerships after stock losses, and SpaceX plans to use Starship for in-orbit drug research. Together, these stories show political turmoil and bold business moves shaping headlines.
The World in Brief from The Economist - America’s inflation picks up; Trump’s deal with Indonesia, and more
WSJ Minute Briefing - Stock Indexes Close Mixed Amid New Trade Deal and the Search for a Fed Chair
President Trump announced a new trade deal with Indonesia, while Treasury Secretary Scott Bessent said the formal search for Fed Chair Jerome Powell’s successor has begun. Plus: Nvidia shares rose after the White House said the company will be able to sell artificial intelligence chips to China. And, MP Materials struck a $500 million deal with Apple. Danny Lewis hosts.
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WSJ Tech News Briefing - TNB Tech Minute: Trump Touts Billions in Investments to Create AI Hub in Pennsylvania
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.
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WSJ Minute Briefing - U.S. Inflation Picks Up as Tariffs Start to Seep Into Prices
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.
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WSJ Tech News Briefing - TNB Tech Minute: Nvidia Can Resume Sales of AI Chip to China
Plus: Ericsson earnings beat forecasts. And, Oracle pledges $3 billion for AI, cloud infrastructure in Germany and the Netherlands. Ariana Aspuru hosts.
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WSJ Minute Briefing - Nvidia Can Sell AI Chip to China Again After CEO Meets Trump
Plus: China’s economy holds up under pressure from U.S. tariffs. And Volvo Car warns of U.S. tariff impact. Azhar Sukri hosts.
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Headlines From The Times - Campus Antisemitism Hearings, Deadly Immigration Raid, Trump Reshapes Education, Russia Tariff Threat, Roblox Millionaires, and Tesla’s AI Gamble
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.
WSJ Tech News Briefing - Fake Vocals and New Styles: AI’s Potential Influence on the Music Industry
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.
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