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Plus: Netflix shares drop on concerns about its outlook. And Kraft Heinz slides after a top shareholder signals it might sell its stake. Katherine Sullivan hosts.
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Plus: OpenAI expects a more even mix between consumer and enterprise businesses by end of the year. And Ubisoft to undergo major structural overhaul in bid to revamp fortunes. Julie Chang hosts.
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Plus: The European Union has stopped working on a deal that would slash tariffs on U.S. goods in light of President Trump’s push for Greenland. And Charles Schwab reports surging quarterly profit because of a boost in brokerage activity. Alex Ossola hosts.
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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.
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Plus: Amazon will launch its largest-ever retail store in the Chicago suburbs. And the EU makes a play to boost European telecoms investment. Julie Chang hosts.
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Plus: More American firepower is headed to the Middle East. And The Supreme Court will hear oral arguments today in a case deciding whether President Trump can fire Federal Reserve governor Lisa Cook. Luke Vargas hosts.
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During the first year of his second term, President Trump took unprecedented actions. Meanwhile in Greenland, protests erupted over the weekend as Trump doubled down on his threats to take over the autonomous territory from Denmark. The President says the acquisition is necessary for security reasons, though others have denied that Greenland is under threat from China or Russia. And in California, San Diego’s development boom is shining a spotlight on Los Angeles’s own housing crisis; San Diego is building apartments at nearly twice the rate of LA, where new construction plummeted 33% over the past three years. Read more at LATimes.com.
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The Dow lost nearly 2 percent. Plus: 3M shares fall after litigation costs weigh on quarterly income. Katherine Sullivan hosts.
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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.
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Plus: Warner Bros. Discovery and Netflix strike a new all-cash deal. And Netflix reports a rise in revenue and profit. Julie Chang hosts.
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