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A powerful storm pummels California. President Trump considers military action in Venezuela. New research links ultra-processed foods to a greater risk of colon cancer. Correspondent Steve Kathan has the CBS World News Roundup for Friday, November 14, 2025:
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How optimistic are small business owners nowadays? According to a recent survey, the picture is downbeat — many owners have been dealing with tariffs and other stressors. We delve into the data. And, a chat with the co-founder of a non-profit restaurant in New York City that serves up economically inclusive meals priced with a sliding scale based on what diners can pay.
From the BBC World Service: Donald Trump is set to cut import taxes on products like coffee, bananas, and beef as part of trade agreements with four Latin American countries, aimed at easing food prices. A tariff of 10% will stay on most goods from Guatemala, Argentina, and El Salvador, as will a 15% tax on imports from Ecuador. But staples like coffee and bananas, which the U.S. can’t produce enough of, will be exempt.
Plus, Paramount, Comcast and Netflix prepare bids for Warner Bros. Discovery ahead of the November deadline. And 2026 shapes up to be the worst college graduate job market in five years. Kate Bullivant hosts.
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A.M. Edition for Nov. 14. Traders are dumping tech shares and riskier assets amid fears that delayed government data could shift expectations for a Fed rate cut in December. Plus, U.S. Customs and Border Protection agents set their sights on North Carolina as the Trump administration's immigration crackdown continues. And, WSJ economics editor Alex Frangos explains why next year’s graduates face the worst job market in five years. Kate Bullivant hosts.
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Today’s episode of Up First was edited by Dana Farrington, Susanna Capelouto, Rafael Nam, Mohamad ElBardicy and HJ Mai.
It was produced by Ziad Buchh, Nia Dumas and Lindsay Totty
We get engineering support from Stacey Abbott. And our technical director is Carleigh Strange.
Our Executive Producer is Jay Shaylor
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This week we learned the Japanese investment firm Softbank sold all of its stake in the juggernaut chipmaker Nvidia. We'll get into why on today's “Marketplace Tech Bytes: Week in Review.” Plus, Apple is reportedly pushing back the release of its thinnest iPhone, the Air, and Wikipedia is asking AI companies, once again, to pay for scraping its data.
But first, back to that big move by Softbank and its CEO, Masayoshi Son. It cashed out its stake in Nvidia in October, the same month that the chipmaker hit a $5 trillion valuation. The $5.8 billion it netted will be redirected to OpenAI, part of a promised $30 billion to be invested in the maker of ChatGPT.
Marketplace’s Meghan McCarty Carino spoke with Anita Ramaswamy, columnist at The Information, about what all this means.
SoftBank Sells Its Nvidia Stake for $5.8 Billion to Fund OpenAI Bet - The Wall Street Journal
SoftBank sells its entire stake in Nvidia for $5.83 billion - CNBC
Apple Delays Release of Next iPhone Air Amid Weak Sales - The Information
iPhone Air Sales Are So Bad That Apple's Delaying the Next-Generation Version - MacRumors
Wikipedia urges AI companies to use its paid API, and stop scraping - TechCrunch
In the AI era, Wikipedia has never been more valuable - the Wikimedia Foundation
The government shutdown ends after 43 days with federal workers returning and delays expected to linger. In Washington, newly released Epstein estate emails trigger a bipartisan push for full Justice Department disclosure. Southern California prepares for a dangerous atmospheric river storm, while Edison moves toward settlement offers for victims of the deadly Eaton Fire. U.S. Catholic bishops issue their strongest unified criticism in a decade against mass deportations. In business, Downtown L.A. sees new development plans with a proposed 49-story tower at L.A. Live and Apple’s restrained AI spending emerges as a strategic advantage as tech markets tighten.
Drugs like Ozempic and Zepbound have revolutionized weight loss. And starting next year, the drugs are going to become more affordable for Americans because of a deal struck with pharmaceutical companies by the Trump administration.
Eshe Nelson, who covers economics and business news, explains how the change has its origins in a huge business blunder from the creator of Ozempic, Novo Nordisk.
Guest: Eshe Nelson, a reporter for The New York Times based in London, where she covers economics and business news.
Background reading:
Photo: Sergei Gapon/Agence France-Presse — Getty Images
For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
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In a pivotal court hearing, lawyers for James Comey and Letitia James challenge the authority of new US Attorney Lisa Halligan. Government employees report back to work following the end of the shutdown. And House Republicans sound off on senators who included a surprising provision in their bill.
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