Category: 1-HeadlineNews

President Trump threatened new tariffs on Russia, Mexico and the EU. Plus: Crypto-sensitive stocks rose, as bitcoin prices rallied to another high. Kenvue shares rose after the maker of Tylenol and Benadryl named a new interim CEO. Volvo shares fell after the company said it would take a non-cash impairment charge. And, Warner Bros. Discovery had a good opening weekend with its new “Superman” movie, sending its shares higher. Charlotte Gartenberg hosts.

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Plus: Grayscale Investments has confidentially filed plans to go public. And, shares of semiconductor companies in Europe fell after President Trump said the U.S. would charge a 30% tariff on goods from the European Union effective Aug. 1. Julie Chang hosts.

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Plus: Becton Dickinson will divest its biosciences and diagnostic solutions business to Waters Corp. for around $17.5 billion. And at least nine people were killed after a fire tore through an assisted living facility in Massachusetts.

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Plus: Google will pay $2.4 billion in a deal to license the tech of a coding startup and hire some of its talent. SpaceX to invest $2 billion into Elon Musk’s xAI company. Ariana Aspuru hosts.

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Plus: China’s June exports beat forecasts amid inventory stockpiling. And Elon Musk’s SpaceX agrees to invest $2 billion in his artificial intelligence company, xAI. Azhar Sukri hosts. 

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California officials warn that federal budget cuts are undermining critical wildfire prevention and water programs—but say the state is fighting back. With the 2028 Olympics approaching, tourism leaders are working to boost California’s image despite safety concerns and financial risks. We also look at how AI chatbots are complicating disaster misinformation, and report on Tesla’s first deliveries to India as it seeks to tap into the country’s growing auto market.

Ursula von der Leyen, the president of the European Commission, said that the European Union would not impose retaliatory tariffs on American goods before August 1st.

A preliminary report into last month’s Air India crash found that switches controlling the flow of fuel to the plane’s engines flipped to the “cut-off” position seconds after take-off

The United Nations said at least 798 Palestinians were killed near aid-distribution sites in Gaza between May 27th and July 7th

The S&P 500 and Nasdaq both slipped for the week after notching new record highs on Thursday. Plus: Kraft Heinz shares rose after The Wall Street Journal reported the packaged-foods giant is planning a breakup. And Levi Strauss shares surged after the jeans maker raised its annual outlook. Danny Lewis hosts.

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