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Plus: The U.S. revokes authorization for TSMC to freely ship key equipment to its main Chinese chip-making site. And, Disney pays a $10 million penalty over allegations it unlawfully collected children’s data to use in targeted advertising. Azhar Sukri hosts.
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A federal judge ruled President Trump’s deployment of National Guard troops to Los Angeles was illegal under the Posse Comitatus Act. Israel mobilized 60,000 reservists as its Gaza offensive escalated, sparking protests and warnings from aid groups. In Los Angeles, a football booster admitted paying families to transfer athletes, while California faces triple-digit heat, lightning, and rising wildfire risk. In business, OpenAI was sued after parents alleged ChatGPT gave their son suicide instructions, and the U.S. suspended the “de minimis” exemption on cheap imports, raising costs for online shoppers and challenging retailers like Shein and Temu.
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Concerns over nations’ fiscal outlooks drive bond yield higher. Plus: The marketer of Modelo and Corona predicts lower beer sales. And Kraft Heinz shares decline on news of the company’s breakup. 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: Anthropic’s valuation hits $183 billion in new $13 billion funding round. Chinese EV maker NIO misses earnings expectations. And AI-powered drone swarms enter the battlefield in Ukraine. Julie Chang hosts.
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Plus: Activist investor Elliott Investment Management is pushing for changes at PepsiCo. And a federal judge rules that President Trump’s deployment of troops in Los Angeles was illegal. 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: Klarna seeks to raise up to $1.46 billion from IPO. And Amazon plans to invest $4.4 billion in New Zealand data centers. Julie Chang hosts.
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Plus: Swiss food giant Nestlé fires its CEO Laurent Freixe over a relationship with a subordinate. And, online payments provider Klarna readies its much-anticipated IPO. Azhar Sukri hosts.
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Passkeys promise safer and easier logins to websites and apps. But if you’re wondering what they are or how they work, you’re not alone. WSJ contributor Sean Captain will explain. Plus, WSJ reporter Ann-Marie Alcántara will join us to get you up to speed on how tech companies are navigating the new age-verification rules. Julie Chang hosts.
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