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Hopes for an interest-rate cut rise. Plus: Lululemon slashes sales outlook. And shares of the maker of Tylenol react to expected RFK Jr. report. 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: Google fined $3.5 billion by EU over ad-tech business. OpenAI and Broadcom strike a $10 billion deal to develop custom AI chips. Julie Chang hosts.
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Plus: Tesla’s board proposes a new pay package for CEO Elon Musk that could be worth as much as $1 trillion over a decade. And U.K. Deputy Prime Minister Angela Rayner resigns over a tax issue. 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: Chinese robotics company Geekplus Technology weighs second listing in China. And tech leaders praise President Trump at White House dinner. Julie Chang hosts.
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Plus: The U.S. is preparing to start renegotiating the USCMA trade deal, with public consultations set to begin as soon as this week. And, jobs Friday shapes up to be a pivotal one for markets. Azhar Sukri hosts.
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Los Angeles has cut street homelessness by 14% in two years, but $90 million in budget cuts threaten those gains. Nearly 900,000 Americans have lost their jobs this year, with AI cited in thousands of layoffs. Kawhi Leonard and the Clippers face an NBA investigation into a $28 million salary cap scheme involving a bankrupt company. Gov. Gavin Newsom says Trump’s Guard deployment cost L.A. taxpayers $120 million, while Health Secretary Robert F. Kennedy Jr. faced bipartisan criticism in a Senate hearing. In business, Salesforce says AI replaced 4,000 support roles, while a federal judge ruled Google won’t have to sell its Chrome browser but must follow tighter rules.
Elon Musk is fighting with Apple again, claiming in an antitrust lawsuit that the company’s App Store policies damage his own xAI business. WSJ columnist Tim Higgins says Musk’s suit demonstrates why AI is unlikely to make smartphones irrelevant anytime soon, despite the hopes of other tech gurus like Mark Zuckerberg. Plus: Writer Heidi Mitchell explains some new tools that make smartphones better at helping you avoid spam calls and fraud. Patrick Coffee hosts.
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Plus: American Eagle shares soar following its controversial ad campaign. Figma misses the mark on profit expectations. 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.
Learn more about your ad choices. Visit megaphone.fm/adchoices