Plus: Japanese markets brace for the next political shift as Prime Minister Shigeru Ishiba exits. And, BMW and Mercedes take on Tesla with new luxury SUVs. Caitlin McCabe hosts.
Nearly 500 workers were detained in a federal immigration raid at Hyundai’s Georgia EV plant, sparking diplomatic involvement from South Korea. Russian President Vladimir Putin warned Western troops sent to Ukraine would be considered “legitimate targets.” In Los Angeles, the 405 Freeway through the Sepulveda Pass faces weekend closures as a major repaving project begins. Meanwhile, President Trump hosted Silicon Valley leaders at the White House, where executives pledged billions for AI and manufacturing as part of his push to keep U.S. tech globally competitive. In business, McDonald’s is cutting meal prices while Erewhon plans an exclusive NYC tonic bar.
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.
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.
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.
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.
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.
Plus: Chinese robotics company Geekplus Technology weighs second listing in China. And tech leaders praise President Trump at White House dinner. Julie Chang hosts.
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.